PMF Finance appoints Ivon Brohier as COO

PMF Finance PLC announced the appointment of Ivon Brohier as its new Chief Operating Officer, reinforcing the company’s strategic direction and operational agility as it continues its transformation journey.

Janashakthi Finance delivers Rs.60mn net profit for 1Q under new brand identity

In the wake of its strategic rebranding from Orient Finance PLC, Janashakthi Finance PLC, a subsidiary of JXG (Janashakthi Group) announced its financial results for the first quarter ended June 30, 2025, reporting a net profit after tax of Rs.60 million.

Invest Sri Lanka forum draws strong investor interest in Singapore

The ‘Invest Sri Lanka’ investor forum, organised by the Colombo Stock Exchange (CSE) and Securities and Exchange Commission of Sri Lanka (SEC) in association with the High Commission of Sri Lanka to Singapore, successfully concluded at the Conrad Singapore Marina Bay, making a compelling case for channelling investment flows into Sri Lanka.

JXG reports Rs.2.28bn net profit in 1Q FY26 signalling strong start to year

Continuing its positive trajectory, Sri Lanka’s emerging financial conglomerate, JXG (Janashakthi Group), reported a consolidated net profit after tax (NPAT) of Rs.2.28 billion for the first quarter ended June 30, 2025.

TPL appointed exclusive distributor for Tonino Lamborghini electric golf carts in the Maldives

Trade Promoters Ltd. (TPL), a leader in engineering and energy solutions across Sri Lanka and the Maldives, has signed an exclusive distributor agreement with Kinetic Green Tonino Lamborghini Ltd. to introduce the iconic Tonino Lamborghini electric golf carts to the Maldives.

CB expects inflation rebound to 5% target in early 2026

Sri Lanka’s current deflationary environment is a temporary phase, with inflation expected to climb back to the Central Bank of Sri Lanka’s (CBSL) target of around 5 percent within the next seven to eight months, CBSL Governor Dr. Nandalal Weerasinghe said.

Sri Lanka Gem and Jewellery Association secures reforms to boost trade competitiveness

In a landmark step for Sri Lanka’s gem and jewellery sector, the government has introduced key reforms to ease the business operations and strengthen trade competitiveness.

SL unveils landmark education reforms to forge dual-pathway system, bridging skill gap

The Sri Lankan government is set to overhaul its decades-old education system by introducing a transformative dual-pathway structure that will offer the students both conventional academic and specialised skill-based streams from secondary level.

Skills Expo 2025 Bridging gap between talent and opportunity

Skills Expo 2025 is poised to become a national platform connecting the job seekers with employers, enabling the industries to help shape a skilled future workforce and encouraging youth to explore career paths beyond traditional choices.

Hemal Lokugeegana assumes duties as new HDFC Bank CEO with other key appointments

Hemal Chaminda Lokugeegana has been appointed as General Manager/CEO of HDFC Bank of Sri Lanka, with effect from August 14, 2025 and officially assumed duties at the bank’s head office.

Consumers pinch pennies as living costs defy inflation data- Harischandra Mills

Harischandra Mills PLC, a household name in Sri Lanka, navigated a complex economic landscape in the 2024/25 financial year, where the official statistics showing a slowdown in inflation clashed with the reality of soaring living costs for the average consumer.

ASPI surpassed the 20,000 mark for the first time

Indices closed in green as a result of price gains in counters such as Commercial Bank, DFCC Bank and LOLC Holdings with the turnover crossing Rs. 9.5 Bn.

Market tone mixed as investors stay cautious

Rebounding from the previous day’s subdued tone, the secondary market saw mixed trading activity with moderate volumes.

HDFC Bank launches first ever green savings account

In support of the bank’s commitment to sustainability initiatives, HDFC Bank launched “Go Green” savings account recently.

People’s Leasing & Finance Toastmasters Club celebrates 10th Installation Ceremony

The People’s Leasing Toastmasters Club hosted its 10th Installation Ceremony on July 21.

Yashoda ignites Soorya’s groundbreaking retail outreach

Silver screen actress Yashoda Wimaladharma, the brand ambassador for Soorya matchboxes and incense sticks, recently made surprise visits to some of the brand’s key retail outlets across Kurunegala, Polgahawela, and Alawwa, where she engaged directly with store owners, listening to their experiences and understanding the realities they face.

CameraLK expands to Eastern Province opening latest showroom in Batticaloa

CameraLK marked another milestone with the grand opening of its newest showroom in Batticaloa, bringing world-class photography and videography gear to the Eastern Province.

ANC Education hosts pre-departure event for students heading to USA and Canada

ANC Education recently hosted a special pre-departure event to celebrate and support students who have secured their student visas to begin their higher education journey in the United States and Canada.

Rotary Sri Lanka’s New District Governor charts bold vision for SME revival

Delvin Pereira, Director at Amana Bank PLC and a banker with 37 years of experience in trade finance, SME lending, and risk management, has been appointed District Governor of Rotary Sri Lanka and Maldives for the 2025–2026 Rotary year.

Cleantech by Abans introduces ‘Re-Circle’ plastic waste mgt. model

Cleantech, Sri Lanka’s leading integrated environmental solutions provider certified with ISO 9001, ISO 14001, ISO 45001, GRS certification and the ZWL certification, has taken the initiative to introduce a bold strategy to reduce the use of prime plastics through a self-sustaining market system, marking a significant milestone in Cleantech’s sustainability journey.

India’s Fabindia unveils flagship Colombo store at Havelock City Mall

Fabindia, India’s iconic ethnic lifestyle brand known for its celebration of artisanal heritage, sustainable fashion, and conscious living, officially opened its first store in Sri Lanka at Havelock City Mall recently.

SLT-Mobitel extends ICT partnership with Dalada Maligawa

SLT-Mobitel has extended its partnership with the Kandy Sri Dalada Maligawa, as the official ICT Service Provider for the 10th consecutive year.

OrphanCare unveils inaugural Impact Report to support orphans across Sri Lanka

OrphanCare recently unveiled its inaugural Impact Report, highlighting the transformative difference it has made in the lives of orphaned children across Sri Lanka.

NH Collection Colombo set for elevated dining with Chef Jimmy López

NH Collection Colombo is set to usher in a new era of elevated dining with the arrival of internationally acclaimed Chef Jimmy López, Executive Sous Chef at Anantara Siam Bangkok, for a four-night culinary residency that brings the soul of Latin America to the heart of Colombo.

Christell Acne Lab hosts Pop-Up event & panel discussion on acne prevention

Christell Luxury Wellness took over the lobby of One Galle Face Mall this past weekend with an immersive and informative Acne Lab Pop-Up Experience, inviting the public to explore acne prevention through a scientific yet personal lens.

CSE closed above 20,000 ASPI with strong investor participation

The Colombo Stock Exchange (CSE) witnessed a strong upward trend today, with both the All Share Price Index (ASPI) and the S&P SL20 Index closing higher. The ASPI advanced by 289.69 points (+1.45%) to close at 20,218.36, surpassing the 20,000 milestone, while the S&P SL20 gained 114.26 points (+1.98%) to end at 5,894.84.

Aitken Spence sees robust start to fiscal year with Rs. 405mn PAT

Diversified conglomerate Aitken Spence PLC recorded a strong EBITDA of Rs. 4.1 billion for the first quarter ended 30 June 2025. EBITDA reflects the Group’s earnings prior to interest expenses, taxation,

BOC delivers Rs. 59.4 bn PBT in 1H 2025

Bank of Ceylon (BOC) has delivered a strong performance in 1H 2025, reinforcing its position as a key pillar of the national economy.

CTC posts higher 2Q earnings on volume gains and cost cuts

Ceylon Tobacco Company PLC (CTC) reported higher top and bottom-line performances in the quarter ended in June 2025 on higher cigarette volumes sold and also the cost savings initiatives that ran

FACETS 2026 Gems, glamour and glitz

From its humble beginnings in 1991 as a modest 50-booth exhibition at the Hilton, FACETS Sri Lanka has grown into the nation’s premier gem and jewellery showcase, drawing global buyers and industry leaders.