China’s BYD to assemble EVs in Pakistan from 2026

Chinese electric vehicle giant BYD plans to roll out its first car assembled in Pakistan by July or August 2026 to capture growing demand for electric and plug-in hybrid vehicles in the region, a company executive said on Wednesday.

Tea auction prices stabilise on improved demand

The Colombo Tea Auction offerings totalled 6.0 million kilogrammes (M/Kgs), whilst noting a declining trend in the forthcoming sales.

Hotel Show Colombo 2025 kicks off

Sri Lanka’s largest hospitality trade show, Hotel Show Colombo 2025, held for the 17th time, kicked off in Colombo yesterday.

ASPI gains 2.6% during the week

The ASPI closed in green as a result of price gains in counters such as Central Finance Company, C T Holdings and DFCC Bank with the turnover crossing Rs. 4.2 Bn.

Mixed sentiment persists in secondary market amid moderate volumes

The secondary market continued to exhibit mixed activity, with moderate volumes and limited significant trades, extending the quiet sentiment observed in recent sessions.

ComBank supports preschool education in Sri Lanka in collaboration with UNICEF

The Commercial Bank of Ceylon recently handed over the fully refurbished Muthukumarana Preschool at Madagama in the Monaragala District, under a partnership with UNICEF to uplift the standard of preschool education in Sri Lanka.

AIA Insurance’s Suwa Walan campaign sparks national dialogue on breast cancer awareness

AIA Insurance’s Suwa Walan initiative has made a powerful impression at the Medicare – International Healthcare Exhibition, Sri Lanka’s largest healthcare event held recently. Conducted in collaboration with the Sri Lanka Cancer Society, Suwa Walan is a culturally inspired campaign designed to raise awareness about breast cancer and promote early detection.

SampathCards & Hilton Colombo collaborate to offer premium lifestyle privileges

SampathCards has announced an exclusive partnership with Hilton Colombo, offering its pre-mium cardholders the opportunity to indulge in a world of wellness, elegance, and convenience through a specially curated Hilton Sports Centre Membership plan.

Allianz Insurance Lanka conducts second drug prevention awareness session

Allianz Insurance Lanka Ltd., recently conducted the second session of its Drug Prevention Awareness Programme at Hemamali Maha Vidyalaya, Galahitiyawa, Ganemulla, reaching over 350 students with vital knowledge on early prevention and healthy decision-making.

Fashion Bug awarded Best Retail Textile Brand of 2025

Fashion Bug has been recognised as the Best Retail Textile Brand of the Year at the Asia Miracle Awards 2025, reaffirming its position as a leader in the industry.

David Pieris Group donates computer lab to Kalaimagal Maha Vidyalayam

The David Pieris Group, through its Social Welfare Committee, has donated a fully equipped computer laboratory to Myiliddy North Kalaimagal Maha Vidyalayam in Kankasanthurai, a school located in a recently resettled area in the Northern Province.

Janashakthi Life ‘Nidahas Adahas’ Art Competition approaches 20,000 entries

Janashakthi Life marks a significant milestone as it hosts the ‘Nidahas Adahas’ Art Competition for the 3rd consecutive year, drawing close to 20,000 entries and showcasing the vibrant creativity of Sri Lanka’s youngest generation.

Enfection launches Sri Lanka’s first Interactive AI Avatar for Annual Reports

Enfection Private Limited, a martech innovator, has set a new benchmark in corporate communications with the launch of Sri Lanka’s first AI-powered interactive avatar agent for annual reports.

Perera & Sons celebrates 123 years in business

P&S (Perera & Sons), one of Sri Lanka’s iconic homegrown brands, celebrated its remarkable 123-year journey on 17th July 2025, marking generations of trust, taste and shared memories.

Fairway Holdings ‘Art & Jazz on the Street’ brings life to Colombo Fort

Art & Jazz on the Street, a vibrant monthly event by Fairway Holdings & Fairway Colombo, is transforming Colombo Fort into a hub of creativity and culture.

Top-performing Lotus Tyre dealers rewarded

Samson Rubber Industries, the manufacturer and distributor of Lotus Tyres, recently rewarded its top-performing dealers and their families with overseas and local travel experiences offering trips to Bangkok for the top achievers and a relaxing two-day stay at the RIU Hotel in Ahungalla for other high-performing dealers.

Under Armour by Abans opens at One Galle Face Mall

Global athletic apparel leader Under Armour by Abans has marked yet another milestone in Sri Lanka with the opening of its third and newest Brand House at the One Galle Face Mall recently.

Domino’s Sri Lanka opens latest outlet at Independence Arcade

Domino’s Sri Lanka announced the opening of its newest outlet at the Independence Arcade, marking another significant milestone in the brand’s growth across the island.

Chinese Dragon Café opens flagship outlet in Jaffna

Chinese Dragon Café (CDC) has opened its latest outlet in Jaffna, marking a new chapter in the restaurant’s long-standing presence across the island.

CSE ends on a positive note amid volatility

The Colombo Stock Exchange (CSE) experienced a volatile trading session today, with the All Share Price Index (ASPI) dipping by 63 points during early trading before regaining momentum to close on a positive note. By market close, the ASPI gained 88.47 points (+0.46%) to settle at 19,467.71, while the S&P SL20 rose by 27.67 points (+0.48%) to end at 5,755.04.

Govt.’s learning curve ending, project momentum building: Construction sector

A top construction industry leader voiced cautious optimism for Sri Lanka’s construction sector, suggesting the government’s initial “learning curve” is now over and is anticipating a new sense of urgency in project

Tea exports expand in 1H despite softer prices

Sri Lanka’s tea exports rose in volume terms during the first half of 2025, though export earnings were pressured by lower average prices, data from Forbes & Walker Research showed.

Overseas Realty reports Rs 4.7bn PBT in 1H25

Overseas Realty (Ceylon) PLC recorded a Group Revenue of Rs 5,258 million and a Group Profit Before Tax of Rs 4,676 million for the 6 months ending 30 June 2025.

SC affirms Commercial High Court’s jurisdiction to hear Contempt Proceedings under Companies Act

In a significant ruling, the Supreme Court has affirmed that the Commercial High Court holds the jurisdiction to hear and determine contempt proceedings stemming from violations of its interim orders

Japan grants Rs. 687mn for postgraduate training of Sri Lanka’s public officials

Japan on yesterday extended a grant of 332 million Japanese Yen (about Rs. 687 million) to support postgraduate education for Sri Lanka’s public officials, deepening a long-running initiative aimed at

Industrial Asphalts (Ceylon) to divest key Peliyagoda property for Rs. 1.31bn

Industrial Asphalts (Ceylon) PLC (IAC) has announced its Board of Directors’ resolution to sell its primary investment property located in Peliyagoda for a sum of Rs. 1.3125 billion.

Secondary market withstands yet another lethargic session

The secondary market witnessed mixed activity yesterday amid thin volumes prompting the quiet spell that has been evident across the last couple of days to persist. The number of significant trades that took place

Indices continue to close in green

The ASPI closed in green as a result of price gains in counters such as Ceylinco Holdings, Central Finance Company and National Development Bank with the turnover crossing Rs. 6.2 bn.

Capital market content to be integrated into proposed financial literacy curriculum

A seminar on ‘Financial Literacy’ was held recently at the Education Ministry, providing a platform for the stakeholders involved in the ongoing education sector reforms to contribute to the integration of financial

Sampath Bank launches private banking units at 6 premier branches across SL on a single day

Sampath Bank PLC marked a significant milestone in its exclusive banking journey with the unveiling of private banking units at six key branch locations: Kandy, Kurunegala, Narahenpita, Negombo, Panadura