CDB concludes Climate Transition Plan Phase 1

Achieving a major milestone in its goal towards achieving net zero, Citizens Development Business Finance PLC (CDB) of Sri Lanka concluded Phase I of its Climate Transition Plan.

Sri Lanka revises maximum financing limits for vehicles

The Central Bank issued fresh guidelines to the banks, finance companies and leasing establishments, outlining the new upper limits for loans and lease facilities granted to purchase vehicles, while removing the preferential high limit assigned for electric vehicles (EVs), effective from July 18.

Ceylon Tea’s survival hinges on quality and ethics, warns Dilmah Tea

The long-term survival of the Ceylon Tea industry depends critically on its ability to differentiate itself through uncompromising quality, ethical sourcing and value addition, according to Dilmah Ceylon Tea Company.

Sectoral oversight committee approves Electricity Amendment Bill

The Sri Lanka Electricity Amendment Bill was reviewed yesterday during a meeting of the Sectoral Oversight Committee on Infrastructure and Strategic Development, chaired by Member of Parliament S.M. Marikkar.

Japanese envoy visits Colombo Int’l Airport Hotel Project

Japanese Ambassador to Sri Lanka Akio Isomata recently visited the highly anticipated Colombo International Airport Hotel Project, reinforcing the strong bilateral relations between Japan and Sri Lanka.

Tea prices edge higher on select quality

A total of 6.3 million kilogrammes (M/Kgs) were on offer this week at the Colombo Tea Auction.

SL SMEs showcase at 20th China Int’l Small and Medium Enterprise Fair

A delegation of 42 Sri Lankan small and medium-sized enterprises (SMEs) made a strong impact at the 19th China International Small and Medium Enterprises Fair (CISMEF), held from June 27 to 30, 2025, at the China Import & Export Fair Complex in Pazhou, Guangzhou.

During the week, ASPI gains 2.3%

The ASPI closed in green as a result of price gains in counters such as Central Finance Company, Hayleys and John Keells Holdings with the turnover crossing Rs. 7.6 Bn.

Continued lull in secondary market activity

The secondary market remained subdued, continuing the quiet trend of recent sessions, as investors adopted a cautious stance ahead of the CBSL’s 4th monetary policy announcement scheduled for early next week.

NCHS celebrates brightest young innovators in Sri Lanka

INCOHST 2025, Sri Lanka’s leading educational showcase for young technology talent, concluded on an inspiring note recently at the Cinnamon Grand Colombo.

ComBank promotes digital literacy at Kalmunai Jubilee Exhibition

The Digital Banking Division of Commercial Bank of Ceylon recently participated in the 125th Jubilee Educational Exhibition of Carmel Fatima College, Kalmunai, at the invitation of the Central Bank of Sri Lanka, the bank’s Eastern Regional Office and Kalmunai branch.

Hutch partners with SLASH to reward loyal customers

Hutch Sri Lanka is once again redefining customer appreciation with the launch of an exciting new partnership with SLASH, one of the country’s most innovative lifestyle deal platforms.

People’s Bank organizes blood donation camp to mark anniversary

To commemorate its 64th anniversary, the People’s Bank Welfare and Staff Loans Department recently organized a blood donation camp at the Head Office in Colombo 2.

Scholarships pave the way for brighter future for RPC Plantations’ children

For decades, the children of Regional Plantation Companies (RPC) estates in Sri Lanka have faced significant socio-economic challenges in accessing quality education.

Abans expands global lifestyle giant Miniso to Rajagiriya  

Abans PLC, the global lifestyle retail partner of Miniso, has taken the initiative to enhance its strategic partnership further, launching its latest showroom in Rajagriya on 4th of July at Onyx towers.

Halgolla Estate pioneers climate-smart agroforestry in Netherlands-backed pilot

Hayleys Plantations has completed Phase 1 of a groundbreaking agroforestry pilot at Halgolla Estate.

H One secures top spot at Microsoft Agentic AI Hackathon

H One announced its victory at the regional Microsoft Agentic AI Hackathon.

Scope Cinemas and Liberty Lands unveil SL’s first outdoor Hollywood film launch

In a bold cinematic first, Scope Cinemas, in partnership with Liberty Lands, and in collaboration with Havelock City Mall, hosted Sri Lanka’s first-ever outdoor public event to launch a Hollywood film with the epic arrival of Superman, directed by James Gunn.

Link Natural continues to champion sustainability for greener Sri Lanka

Link Natural has extended its ‘Thuru Athi Thuru’ Harithawalokana outreach by engaging with community stakeholders through a range of initiatives carried out around World Environment Day 2025.

Signature partners with India’s Campus Activewear

Signature menswear brand under Hameedia Group, announced its latest venture into the footwear space through an exclusive franchise partnership with Campus Activewear Ltd., one of India’s largest Sports and Athleisure brands.

Royal Nursing Home honoured

Royal Nursing Home (Pvt) Ltd was honoured with the title of ‘Most Outstanding Private Ambulance Service of the Year’ at the Asia Miracle Awards 2025 ceremony held recently at the Taj Samudra Hotel in Colombo.

CSE rebounds firmly as investor interest picks up

The Colombo Stock Exchange sustained its positive momentum throughout the trading session today, with the All Share Price Index (ASPI) climbing 96.85 points (+0.51%) to close at 18,973.70, while the S&P SL20 rose by 26.50 points (+0.47%) to end at 5,655.43.

LTL Holdings withdraws record Rs. 20bn IPO application

LTL Holdings Ltd has withdrawn its Rs.20 billion initial public offering (IPO), the largest ever attempted on the Colombo Stock Exchange (CSE), due to delays in the subscription process, the company disclosed

US offers duty-free access for bulk of SL exports: Deputy Minister Fernando

The United States has offered Sri Lanka duty-free access for up to 80 percent of its exports, a senior government official said, which indicates a potential breakthrough in trade talks that follow Washington’s

EDB calls for bids to enhance digital promotion of local exports

Sri Lanka Export Development Board (EDB) under the Ministry of Industry and Entrepreneurship Development has called for tenders from interested parties to improve its web portal and social media

Sri Lankan Rupee to hold ground

Sri Lankan Rupee (LKR) is expected to show resilience with limited depreciation through 2025, though some pressure is anticipated in the first half of 2026, according to the mid-year outlook of First Capital

Oil prices gain on geopolitical risks, inventory worries

REUTERS: Oil prices rose yesterday, even as global trade tensions appeared to cool, with analysts pointing to low inventories and renewed Middle East risks as factors supporting the market.

Sectoral Oversight Committee approves Companies (Amendment) Bill

The Companies (Amendment) Bill, scheduled to be taken up for second reading debate in Parliament on July 23, received the approval of the Sectoral Oversight Committee on Environment, Agriculture and

WindForce secures rooftop solar contract in Maldives with Joy Island resort

Sri Lanka’s WindForce PLC said it has secured an engineering, procurement and commissioning (EPC) contract to develop a rooftop solar power project in the Maldives, marking a further step in its regional

SLCB under scrutiny as AG reveals unmet objectives and irregularities

The Sri Lanka Convention Bureau (SLCB) has come under fire after Auditor General’s report for the fiscal year 2023 revealed significant shortcomings in meeting its mandated objectives and a series of financial