SL’s nation branding should not bet on gambling, says MTI

The grand launch of the Melco-operated City of Dreams has sparked bold comparisons, with some advocating for Sri Lanka to become the ‘Macau of India’. While MTI Consulting acknowledges the economic potential of a vibrant casino sub-brand, it strongly cautions that Sri Lanka’s nation brand must not be ‘hijacked’ by the gambling industry.

LOLC AL-Falaah wins Golds at SLIBFI Awards

LOLC Al-Falaah has once again cemented its position as Sri Lanka’s undisputed leader in the Islamic banking and finance space, achieving an extraordinary triumph at the 14th Sri Lanka Islamic Banking and Financial Industry (SLIBFI) Awards 2025.

Seylan Bank’s IBU named as Islamic Finance Deal of the Year

Seylan Bank PLC’s Islamic Banking Unit (SBK IBU) has been awarded the prestigious Islamic Finance Deal of the Year, at SLIBFI Awards 2025, in recognition of its innovative financing of a landmark renewable energy project in Sri Lanka’s Eastern province.

Hayleys Fentons recognised as a Great Place to Work

Hayleys Fentons Limited has achieved a milestone being recognised for the first time as one of Sri Lanka’s Best Workplaces by Great Place To Work.

NDB Bank-Eduko Pathways strengthen global education support

In its continued efforts to empower Sri Lankan students with seamless access to international education opportunities, NDB Bank has entered into a strategic partnership with Eduko Pathways.

Ceylon Chamber of Coconut Industries applauds govt. for securing 20% tariff rate on US exports

The Ceylon Chamber of Coconut Industries extended its sincere appreciation to President Anura Kumara Dissanayake and the negotiating team for securing a reduced 20 percent reciprocal tariff from the United States.

99x reports breakthrough market traction for new agentic AI platform

99x, a global technology services leader, has made significant strides in the field of agentic AI, securing multiple high-impact engagements powered by its proprietary orchestrator platform, Xians.ai (Agentri AI).

Dr. Darshana Jayasinghe unveils SL’s 1st empirically tested influencer marketing model

Marking a significant leap in the country’s digital marketing landscape, Dr. Darshana Jayasinghe has launched Sri Lanka’s first empirically tested model for influencer marketing.

AIA Sri Lanka rises from Silver to Gold at Hashtag Asia Awards 2025

AIA Sri Lanka has elevated its standing on the regional stage, winning Gold in the Best Social Media Campaign: Face-book Category at Hashtag Asia Awards 2025.

Colombo Business Analytics Forum to reimagine SL’s digital future

In an age where data is the backbone of innovation, the Colombo Business Analytics Forum (CBA Forum) stands out as one of Sri Lanka’s most forward-thinking platforms for industry transformation.

eMarketingEye triumphs at Hashtag Asia Awards

In a moment that solidified its leadership in digital marketing, eMarketingEye (EME) emerged triumphant at Hashtag Asia Awards 2025, the most prestigious platform for social medial excellence in Asia.

Great Place To Work FOR ALL Regional Conference in Colombo

The Great Place To Work FOR ALL Regional Conference 2025 returns this September at Hilton Colombo, uniting local and regional thought leaders and workplace culture champions under the theme ‘Culture Capital: Trust | People | Performance’.

CSE pulls back after record highs amid profit-taking

The Colombo Stock Exchange (CSE) experienced a pullback today, with the All Share Price Index (ASPI) declining by 68.23 points (-0.34%) to close at 19,718.00. The index initially dipped nearly 136 points during early trading but later recouped part of the losses. However, subdued investor activity and clear signs of profit-taking, following the market’s recent all-time high, weighed on overall sentiment.

Construction sector at risk as banks step up parate executions: CCISL

The local construction industry risks widespread collapse if urgent relief is not extended to the struggling firms, the Chamber of Construction Industry of Sri Lanka (CCISL) warned, citing a growing wave of parate executions by the banks on the mortgaged assets.

Strong demand lifts Commercial Bank’s green bond to Rs.15bn cap

Commercial Bank of Ceylon saw its Rs.15 billion green bond issue oversubscribed on the opening day (August 4). The Basel III-compliant Tier 2 listed bond comprised an initial issue of 100 million unsecured subordinated redeemable green bonds, with a non-viability conversion feature, priced at Rs.100 each, to raise Rs.10 billion. The bank exercised an option to issue a further 50 million bonds, following the oversubscription.

Teejay Lanka feels the pinch from uncertainty in global trade from US tariffs

Reporting its financial results for the three months ended in June, Teejay Lanka PLC said it felt the softening demand and shifting price sentiments across key export markets.

Ceylon Cold Stores’ performance signals shift to frequent, frugal spending among shoppers

Customer footfall has increased; however, average basket value has dropped by 3% from a year ago levels

ASPI losses after 11 consecutive days of gains

Indices closed in red as a result of price losses in counters such as John Keells Holdings, Melstacorp and National Development Bank with the turnover crossing Rs. 4.5 Bn. High net worth and institutional investor participation was noted in John Keells Holdings, CT Land Development and Ceylon Cold Stores. Mixed interest was observed in DFCC Bank, Pan Asia Banking Corporation and Hatton National Bank whilst retail interest was noted in Industrial

Subdued secondary market activity amid low volumes

The secondary market remained muted yesterday, with overall trading volumes staying low and notable transactions being sparse.

Strong testament to govt.’s commitment to supporting export-driven sectors: CRTA

The Colombo Rubber Traders’ Association (CRTA) extends its heartfelt appreciation to the Government of Sri Lanka for its successful diplomatic and trade negotiations leading to the reduction of import tariffs on rubber product exports from Sri Lanka to the United States—from 30 percent to 20 percent.

SpaceX - Starlink appoints Singer as authorized retailer in Sri Lanka

US-based SpaceX has appointed Singer Sri Lanka as the authorized retailer of Starlink in Sri Lanka. This announcement marks a significant step in revolutionizing internet accessibility across the country, especially in regions historically underserved by traditional connectivity solutions. Starlink, developed by global aerospace innovator SpaceX, is a high-performance satellite internet system designed to deliver fast, reliable and truly unlimite

Rubber exporters welcome U.S. tariff reduction to 20%

The Sri Lanka Association of Manufacturers and Exporters of Rubber Products (SLAMERP) expresses its deep appreciation to the Government of Sri Lanka for its timely and effective diplomatic efforts, which have led to the successful reduction of the U.S. reciprocal tariff on rubber-based exports to 20 percent, down from the initially proposed 44 percent.

Leadership in the age of AI

We live in a Volatile, Unpredictable, Complex and Ambiguous (VUCA) world where the business landscape is constantly shifting and evolving that requires leaders to be adaptable and resilient to stay agile and ahead of the competition.

PRISL optimistic demand for SL rubber and plastic products in U.S. market will rebound

The Plastics and Rubber Institute of Sri Lanka (PRISL) extends its sincere appreciation for the recent decision by U.S. President Donald Trump to reduce and finalize the tariff rate to 20 percent on Sri Lankan exports to the United States.

SLASSCOM concludes National Ingenuity Awards 2025

The SLASSCOM National Ingenuity Awards 2025 brought together Sri Lanka’s brightest tech innovators this July at the Taj Samudra.

CA SL launches 46th National Conference of Chartered Accountants

At a time when Sri Lanka faces profound political, economic and social challenges, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) is set to ignite an ‘UPRISE’ by empowering Chartered Accountants to lead with vision, courage and purpose at its 46th National Conference of Chartered Accountants, scheduled to take place from October 08 to 10, 2025, at Monarch Imperial, Sri Jayewardenepura.

Empire Teas to celebrate 25 years with global business partners in Sri Lanka

This August, Empire Teas, one of Sri Lanka’s most respected tea exporters, celebrates 25 years of passion, partnerships and purpose.

Dialog Enhances 5G Roaming, Now Covering 70 Countries and 150 Global Mobile Operators

Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, has expanded its 5G roaming footprint to 70 countries in collaboration with 150 global mobile operators – reinforcing its commitment to delivering seamless mobile connectivity and high-speed data access for Sri Lankan travellers, whether flying for business or leisure.

Euromoney names HSBC as Best Int’l Bank in Sri Lanka again

HSBC has been recognised as the Best International Bank in Sri Lanka by Euromoney for the second year in a row in its Awards for Excellence 2025.

Bank of Ceylon crowned as Sri Lanka’s Most Valuable Brand in 2025

Bank of Ceylon (BOC) has been named as Sri Lanka’s Most Valuable Brand for 2025 by Brand Finance Lanka, with a brand value of Rs.57.4 billion, reflecting a 14.3 percent increase compared to the previous year, marking yet another significant achievement in its storied legacy.