EV surge reshapes Sri Lanka’s auto market

A significant shift is underway in Sri Lanka’s newly reopened vehicle market, with consumer demand increasingly favouring electric models.

Tight supply lifts tea prices at auction this week

The Colombo Tea Auction offerings totalled 6.1 million kilogrammes (M/Kgs), marginally lower to the 6.4 M/Kgs of last week.

National Innovation Agency seeks financial partners to boost start-up ecosystem

The National Innovation Agency (NIA) is creating opportunities for partnerships with banks, venture capitalists, financial institutions and other qualified entities, to fuel the next era of innovation in the country.

City of Dreams Sri Lanka to host 100+ journalists and influencers at grand opening on Aug. 2

City of Dreams Sri Lanka, South Asia’s first fully integrated luxury resort, is set to make a bold mark on the region with its much-anticipated grand opening on August 2, 2025.

ASPI gains 2.09% during the day with turnover surpassing LKR 10 Bn

Indices closed in green as a result of price gains in counters such as Sampath Bank, Hatton National Bank and John Keells Holdings with the turnover crossing Rs. 10.2 Bn.

Robust activity in secondary market ahead of T-bond auction

The secondary market experienced elevated trading volumes and heightened activity in the lead-up to yesterday’s T-bond auction.

WNPS and Abans unite with DWC to restore urban wetland sanctuary

The Wildlife and Nature Protection Society (WNPS), in partnership with Abans PLC and under the guidance of the Department of Wildlife Conservation (DWC), is further restoring one of Colombo’s most vital ecological sites, the Bellanwila-Attidiya Sanctuary, through a flagship conservation initiative known as the Green Isle Project which focuses on an important island section within the sanctuary.

Ceylonika Cosmetics officially launched in Sri Lanka

Ceylonika Cosmetics (Pvt) Ltd, a new player in Sri Lanka’s beauty industry, officially inaugurated its operations as a social selling beauty brand at a launch event held at the Hilton Colombo.

Crop Solutions recognizes star performers

Crop Solutions held its Annual Achievers night under the theme “A Night of Stars- Legacy of Success.” to recognize and reward the top Sales, Marketing and Support Service teams for the last financial year.

Sri Lanka’s untapped potential A British travel writer’s perspective on a nation rebounding with rich experiences

A recent media convention hosted by the British Guild of Travel Writers (BGTW) in Sri Lanka has cast a renewed spotlight on the island nation’s immense tourism potential, with leading UK journalists lauding its diverse offerings, unparalleled hospitality, and the resilient spirit of its people.

Hemas Consumer Brands champions youth-led action for the environment

In celebration of World Environment Month, Hemas Consumer Brands (HCB) reaffirmed its enduring commitment to environmental sustainability by transforming corporate purpose into meaningful action.

FMSC marks 65 years with new building opening

The Faculty of Management Studies and Commerce (FMSC) of the University of Sri Jayewardenepura will mark its 65th anniversary with a series of events beginning on July 23.

SLT-Mobitel opens doors for undergraduate research into Blue Carbon Ecosystems

SLT-Mobitel has reaffirmed its dedication to environmental sustainability by awarding three scholarships to undergraduate students from the University of Colombo, Wayamba University of Sri Lanka, and Uva Wellassa University.

Sampath Bank introduces ‘Madu Sampatha’ floating market

Sampath Bank strengthens its commitment to environmental sustainability and community empowerment through a landmark initiative aimed at reducing ocean plastic at the Madu River Sanctuary in Balapitiya.

AIA Insurance marks completion of 30th Poson Safety Programme

AIA Insurance recently concluded the 30th edition of its flagship Corporate Social Responsibility initiative, AIA Poson Safety Programme.

Hutch and Education Ministry empower students with green mobility in A’pura

In a significant step towards improving student mobility in underserved communities, Hutch officially handed over 100 electric bicycles to rural schoolchildren at special ceremonies held at Bandaranayake Model Primary College and Zahira College, in the Anuradhapura District recently.

Sirus Migration announces New Zealand and Australia Migration events

Sirus Migration Education, an Australia-based migration and education consultancy, has announced its two-week visit to Sri Lanka this July.

Sanasa General and Life Insurance sponsors ‘Green Walk 2025’

Sanasa General Insurance and Sanasa Life Insurance have come on board as the official insurance partners for Green Walk 2025, the annual walk organised by Isipathana College, Colombo.

IIHS launches executive MBA programmes

The International Institute of Health Sciences (IIHS) has launched three new Executive MBA (EMBA) programmes in response to the growing need for skilled leadership across global healthcare systems.

CSE surpasses 18,500 mark to hit all-time high as U.S. Tariff reduction fuels investor optimism

The Colombo Stock Exchange (CSE) soared to All-Time High on Friday, with the All Share Price Index (ASPI) jumping 379.77 points or 2.09% to close at a record high of 18,541.26. The S&P SL20 inclined by 127.86 points or 2.39% closing at 5,486.5.

Sri Lanka’s IMF scorecard: meeting or missing the initial forecasts?

Sri Lanka experienced its worst economic crisis in 2022. This crisis stemmed from poor economic management, including excessive fiscal deficits, and the loss of access to international financial markets.

Tariff tensions tighten thread in SL’s textile trade

Sri Lanka’s apparel sector, a key pillar of the island’s export economy, yesterday raised red flags over the United States’ move to impose a 30 percent reciprocal tariff on all Sri Lankan products starting 1 August

Sri Lanka’s recovery at risk without growth commission: CEPA

A new report from a group of eminent economic thinkers has proposed the formulation of an independent growth commission to guide Sri Lanka towards sustained economic recovery and transformation.

Veteran business leader Ajit Jayaratne no more

Ajit Jayaratne, a prominent figure in Sri Lanka’s business community and Chairman of Overseas Realty (Ceylon) PLC, passed away at the age of 85, leaving a significant legacy in property development and

Emirates deploys upgraded Boeing 777 to Colombo starting July 18

Emirates, the world’s largest international airline, will deploy its retrofitted four-class Boeing 777 on flights EK650/651 operating between Dubai and Colombo from July 18.

Salary disparities pose recruitment challenge for newly formed Public Debt Office

Sri Lanka’s newly established Public Debt Management Office (PDMO), a critical institution for managing the nation’s finances, is facing significant hurdles in attracting and retaining skilled professionals due to

BYD opens Ampara showroom

BYD, the world’s leading new energy vehicle (NEV) manufacturer, together with its authorised distributor in Sri Lanka John Keells CG Auto (JKCG Auto) announced its expansion into the east coast with the opening

LOLC Life Assurance with SMIB strengthens bancassurance services

LOLC Life Assurance, a fully-owned subsidiary of LOLC Holdings, has entered into a strategic partnership with the State Mortgage and Investment Bank (SMIB), one of the longest standing banks in Sri Lanka, to

NDB Bank-World Vision empower women-headed households

NDB Bank partnered with World Vision to implement a targeted initiative aimed at uplifting women-headed households through integrated farming solutions and financial empowerment.

DFCC Bank strengthens commitment to rural economic empowerment

DFCC Bank is reaffirming its commitment to rural economic empowerment by driving financial awareness within Sri Lanka’s tea value chain.