‘The Routes we Take’ project heading to Jaffna

‘The Routes We Take’, a pioneering initiative by the European Union National Institutes for Culture (EUNIC) Sri Lanka, Europe’s network of national cultural institutes and organisations, with 36 members from all EU Member States and associate countries and Good Life X, is heading to Jaffna for the YGC Innovation Festival 29-30 August 2025.

Abans PLC becomes exclusive distributor for Skechers in Sri Lanka

Abans PLC announced that it has been appointed as the exclusive authorized distributor for Skechers in Sri Lanka, one of the world’s leading footwear brands, effective from the 1st of August 2025.

Shaktiman’s Baler and Dhaan Mitram Rotavator Debut in Sri Lanka

Shaktiman India (Tirth Agro Technology Private Limited), the world’s largest manufacturer of rotary tillers, has officially introduced two of its advanced agricultural machines — the Shaktiman Baler and the 9-feet “Dhaan Mitram” Rotavator — to the Sri Lankan market for the very first time.

Ceylinco Life treats premium clients to exclusive Kandy Perahera experience

The magic and pageantry of the Kandy Esala Perahera came alive for 120 special guests of Ceylinco Life recently, when the Company’s Customer Relations Division hosted its ninth consecutive annual Perahera viewing event at the Ceylinco Life Kandy Branch at No. 65, Kings Street, coinciding with the second Randoli Perahera.

National consumer prices down in July on lower food prices 

Sri Lanka’s national consumer prices fell in July from a month ago on lower food prices which more than offset the rise in non-food prices in the same month, mainly over the higher electricity and fuel prices.

CoPF clears 2026 budget estimate of National Audit Office

The Committee on Public Finance (CoPF) has approved the 2026 budget estimate of the National Audit Office for presentation to Parliament, while raising concerns over staffing shortages and the slow adoption

Alliance Finance social bond issue oversubscribed

Alliance Finance Company (AFC) PLC’s special social bond issue has been oversubscribed, the company disclosed to the Colombo Stock Exchange (CSE) yesterday.

PSIC invites public to submit complaints on state aviation irregularities

Sri Lanka’s Presidential Special Investigation Committee (PSIC) has invited complaints, views and proposals from the public as it investigates alleged fraud and corruption at state-owned SriLankan Airlines

SDB Bank posts Rs.156mn 1H profit as margins rise

Sampath Bank joins ADB’s trade and supply chain finance programme

Sampath Bank PLC has joined the Asian Development Bank’s (ADB) Trade and Supply Chain Finance Programme (TSCFP), which will allow widening access to trade finance across Sri Lanka.

Oil edges up on signs of strong demand, Russia-Ukraine peace uncertainty

REUTERS: Oil prices edged up yesterday, bolstered by signs of strong demand in the United States, with uncertainty over efforts to end the war in Ukraine also lending support.

Yield curve holds steady amid moderate secondary market activity

The secondary market witnessed moderate trading activity yesterday, with volumes remaining limited. Amid the subdued participation, the overall yield curve showed little movement.

ASPI up for 5th straight session

The ASPI edged up as a result of price gains in counters such as Dialog Axiata, Sunshine Holdings and Royal Ceramics with the turnover crossing Rs. 10.5 bn.

JKH-Peradeniya University to drive innovation and industry-academia collaboration

Furthering its commitment to fostering academic collaboration and advancing innovation in the food and beverage industry, the Consumer Foods Sector of John Keells Holdings (JKH), comprising Ceylon Cold

Matheendra De Zoysa, first Sri Lankan to lead Bangladesh LPG giant

Leading Bangladesh LPG downstream business Omera Petroleum has recently appointed Matheendra de Zoysa to lead its two companies, Omera LPG and Omera Cylinders Ltd.

ISO 21001:2018 added to CIPM global accreditation list

CIPM Sri Lanka, the nation’s leader in human resource management, has achieved a landmark accomplishment by earning the ISO 21001:2018 Educational Organisation Management System (EOMS)

Home Lands’ Pentara Residencies Thummulla gets development permit

The most iconic residential development of Home Lands, Pentara Residencies in Thummulla, has been awarded the development permit by the Urban Development Authority (UDA), the company said, which

SLANZBC holds 30th AGM and ‘Accelerating SL’s Digital Economy’ panel discussion

The 30th Annual General Meeting (AGM) of the Sri Lanka – Australia – New Zealand Business Council (SLANZBC) of The Ceylon Chamber of Commerce was held recently, with High Commissioner of Australia

Mahindra Ideal Finance launches MIFL Revolving Business Loan

Mahindra Ideal Finance Ltd (MIFL), one of Sri Lanka’s fastest growing finance companies, yesterday announced the launch of the MIFL Revolving Business Loan – a customised loan facility designed to

ComBank marks harvest success in Vavunathivu with Agri Modernisation Village programme

Commercial Bank of Ceylon recently participated in a vibrant harvest ceremony in Vavunathivu in Batticaloa, celebrating the latest success in the bank’s Agri Modernisation Village programme, an initiative

SLASSCOM to host Megamind Quiz 2025

The Sri Lanka Association for Software and Services Companies (SLASSCOM) is set to host the highly anticipated third edition of its flagship knowledge event —Megamind Quiz 2025 — this August.

CIPM-Mercer unveil The Great HR Awards 2025

The Chartered Institute of Personnel Management (CIPM) Sri Lanka, in collaboration with Mercer, announced The Great HR Awards 2025, an inaugural initiative that marks a new chapter in recognising HR

Sampath Bank onboards CDB as 1st API banking corporate client

Sampath Bank has onboarded Citizens Development Business Finance PLC (CDB) as the first corporate client to integrate with its API banking platform, enabling seamless and secure payments processing

Beyond science: Rethinking climate change communication for South Asia’s future

As the world confronts escalating climate disasters, the recent webinar ‘Beyond the Science: The Missing Piece in Climate Action – Communication’, organised by the Climate Change Communication

CSE ends flat after early volatility amid strong turnover

The Colombo Stock Exchange witnessed a volatile trading session today, with the ASPI initially slipping nearly 150 points on the back of profit-taking before staging a late recovery. Despite the rebound, the ASPI closed almost flat, posting a marginal gain of 0.69 points to end at 20,715.49.

Sri Lanka’s credit-to-GDP gap widening as private sector credit expanding

Exporters urged to seize opportunities under UK’s new trade framework

The Ceylon Chamber of Commerce (CCC) yesterday called on Sri Lanka’s export fraternity to start gearing up now to take advantage of the sweeping reforms to the UK’s Developing Countries Trading Scheme (DCTS), which will come into effect in early 2026.

Grant Thornton Advisors to acquire consulting firm Stax

Grant Thornton Advisors LLC announced this week it would acquire Boston-based Stax, a strategy consulting firm specialising in commercial due diligence, value creation and exit planning for private equity firms and their portfolio companies.

EFC rings Opening Bell at CSE to celebrate 96 years of service

The Employers’ Federation of Ceylon (EFC) rang the Opening Bell at the Colombo Stock Exchange (CSE) yesterday, to mark its 96th anniversary.

ACME hit by resin monopoly, rising costs as Sri Lanka’s economy rebounds

ACME Printing and Packaging PLC said it is struggling with the impact of a “resin monopoly” in the local market, a structural challenge that has limited its pricing flexibility and bargaining power.