SLGMBC hosts networking evening at Port City

The Sri Lanka – Greater Mekong Business Council (SLGMBC) of The Ceylon Chamber of Commerce hosted an exclusive Members’ Networking Evening June 13 at the Port City Sales Gallery, Colombo.

BPPL Holdings completes CSE’s rotation of independent directors

BPPL Holdings PLC announced the rotation of its Independent Directors in accordance with the revised listing rules of the Colombo Stock Exchange (CSE).

CA Sri Lanka’s annual symposium examines pathways to economic recovery through tax reforms

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) convened its 4th Annual Economic and Tax Symposium on June 26 under the theme “Tax Reforms and Economic Resilience: Driving the Nation to Progress”. The high-level forum brought together key voices from across the public and private sectors, reinforcing CA Sri Lanka’s commitment to shaping national policy through informed dialogue, thought leadership, and forward-thinking soluti

Union Assurance celebrates excellence at Agency Distribution Annual Awards

Union Assurance held its Agency Distribution Annual Awards 2024 at Cinnamon Life at City of Dreams recently. The event served as both a recognition of achievements and an inspiration for continued excellence, as Union Assurance continues to empower its agency force to lead the way in transforming the Life Insurance landscape in Sri Lanka.

ComBank partners with Prime EV Automobile to offer special leasing

The Commercial Bank of Ceylon has announced collaboration with Prime EV Automobiles (Pvt) Ltd., a subsidiary of the Senok Group, to offer exclusive leasing options to buyers of the new electric vehicle range represented by the company in Sri Lanka.

SLICLL declares industry’s largest bonus of Rs. 12.5bn to policyholders

Sri Lanka Insurance Life (SLICLL) has once again set an industry benchmark by declaring an unprecedented Rs. 12.5 billion bonus to its policyholders for the year 2024, the highest annual Life Insurance bonus in the Sri Lankan Life insurance industry.

SLT-Mobitel, Redblocks AI launch ‘AI Pazz’

SLT-Mobitel has partnered with Redblocks AI (Pvt) Ltd to launch ‘AI Pazz’, the country’s first-ever AI-powered legal research platform featuring Sri Lanka’s largest and the most up-to-date digital legal library, to offer unprecedented access to advanced legal research tools.

Pan Asia Bank launches digitally linked sustainability campaign

In a groundbreaking digital sustainability initiative, Pan Asia Bank has launched a month-long campaign that transforms online action into real-world environmental impact.

ICC transforms space with prefinished timber flooring

Renowned for its high-quality craftsmanship and eco-friendly practices, ICC is revolutionizing flooring with its innovative designs and easy DIY installation.

CSE ends positive with strong ASPI gains and active market turnover

The Colombo Stock Exchange (CSE) concluded the trading day on a positive note, reaching a new record high, supported by growing investor confidence and increased market activity. Overall sentiment remained upbeat, driven largely by the announcement that the International Monetary Fund (IMF) Executive Board has approved the fourth review under the Extended Fund Facility (EFF) for Sri Lanka.

June tourist arrivals surge with Bohra Convention

Sri Lanka’s tourism sector witnessed a significant uptick in arrivals this June, propelled by the influx of devotees for the Bohra Convention.

Don’t panic! Banks tell SMEs as parate relief ends

Sri Lanka’s licensed commercial banks urged small and medium enterprises (SMEs) to not panic, as concerns mount over the use of parate laws from 1 July.

Construction rebounds in May

The construction sector activities rebounded strongly in May after contracting in April on the availability of new projects, particularly in road development in a sign that the critical government funded infrastructure projects are gradually getting off the ground with the budget allocating the highest for any year for public investments.

External sector holds steady in May as remittances continue to do heavy lifting

Sri Lanka’s external sector continued to show signs of stabilisation in May 2025, with a current account surplus marking five straight months of gains.

India’s ‘Neighbourhood First’ policy takes centre stage at CII-CCC CEO roundtable

India’s ‘neighbourhood first’ policy framed talks between senior Indian and Sri Lankan executives on Monday (30 June), as business leaders from both countries pledged to deepen trade and investment links.

Crossings boost turnover

The ASPI closed in red as a result of price losses in counters such as Hatton National Bank, National Development Bank and CT Holdings with the turnover crossing Rs. 7.6 bn.

First Capital Holdings triumphs at 12th Annual Capital Market Awards

First Capital Holdings PLC emerged as a double award winner at the 12th Annual Capital Market Awards 2024. This milestone achievement reaffirms First Capital’s standing as a strong and influential force in Sri Lanka’s capital markets for the third consecutive year.

A day of lackluster activity and cautious interest

The secondary market extended Monday’s tone into yesterday’s session, with modest buying interest continuing to concentrate in the 2028 and 2029 maturities.

Shantha Bandara appointed as Pharmaceutical Industry Chamber President

The Sri Lanka Chamber of Pharmaceutical Industry (SLCPI) successfully held its 64th Annual General Meeting (AGM) recently at Cinnamon Grand Colombo.

DFCC Aloka surpasses 100,000 female clients

DFCC Bank PLC announced a landmark achievement: DFCC Aloka, the bank’s women-centric banking proposition, has now empowered over 100,000 women across Sri Lanka.

Chandana Aluthgama resigns as SLIC Group CEO

Sri Lanka Insurance yesterday announced the resignation of its Group Chief Executive Officer Chandana L. Aluthgama, effective (August 1, 2025).

Clogard to be featured in Kotler’s upcoming marketing publication

Hemas Consumer Brands announced that Clogard will be featured in the Sri Lanka and Maldives Edition of ‘Essentials in Modern Marketing’ by Kotler Impact Inc.

Abans Finance achieves 344% growth to reach Rs.951mn PBT in FY25

Abans Finance PLC has reported outstanding financial results for the year ending March 31, 2025, reinforcing its status as a resilient and growth-oriented member in Sri Lanka’s non-banking financial services sector.

HNB supports South Asia’s largest digital summit to drive innovation, collaboration

HNB has returned as the Official Banking Partner for DMASL Digital Summit 2025, reaffirming its continued commitment to digital innovation and industry development.

LOLC General Insurance honoured as a Company with Great Managers

LOLC General Insurance has been recognised as a Company with Great Managers for 2024, at the prestigious Great Manager Awards 2024, hosted by the Colombo Leadership Academy in collaboration with People Business for Leadership Excellence.

Lakshman Kadirgamar Institute’s emergency roundtable discussion focuses on ME tensions

The Lakshman Kadirgamar Institute of International Relations and Strategic Studies (LKIIRSS) convened an Emergency Roundtable Discussion on ‘Tensions in the Middle East due to the Iran-Israel Conflict and Potential Impact’ recently, at the LKIIRSS boardroom.

Sithara receives ISO 14001, 45001 certifications

Sithara Limited, the pioneer of printing ink manufacturing in Sri Lanka, has recently been awarded ISO 14001 (Environment) and ISO 45001 (Health and Safety) Management System Certifications by Bureau Veritas Lanka (Pvt.) Ltd.

EFC re-elects Dinesh and Sanath as Chairman and Vice Chairman

The Employers’ Federation of Ceylon (EFC) concluded its 96th Annual General Meeting on June 30, at the Bandaranaike Memorial International Conference Hall.

Kreston Sri Lanka recognised as ACCA Approved Employer

Kreston Sri Lanka, a leading name in audit, tax and advisory services, has been officially recognised as an ACCA Approved Employer, a prestigious status granted to organisations that uphold exceptional standards in employee training and professional development, reflecting the ACCA’s global values of integrity, innovation and inclusion.

99x empowers tech talent through AI-driven culture

99x recognises that in today’s fast-moving digital economy, access to top-tier tech talent remains key to a nation’s progress and it distinguishes itself by nurturing that talent from within.