Positive momentum continues

The ASPI closed in green as a result of price gains in counters such as DFCC Bank, Richard Pieris & Company and National Development Bank with the turnover crossing Rs. 6.2 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Sunshine Holdings, John Keells Holdings and Sri Lanka Telecom. Mixed interest was observed in DFCC Bank, RIL Property and Colombo Dockyard whilst retail

Bangladesh central bank honours Sri Lankan bank for foiling 2016 cyber heist

Bangladesh’s central bank (Bangladesh Bank) hosted a special award ceremony at its headquarters in Motijheel on 17 July, to formally recognise officials from Sri Lanka’s Pan Asia Banking Corporation PLC for their role in preventing a US$ 20 million fraudulent transaction during the infamous 2016 Bangladesh Bank reserve heist incident.

Assetline Finance launches ‘Riyasakwala’ three-wheeler leasing campaign

Assetline Finance Limited has launched the countrywide ‘Riyasakwala’ promotional campaign as an innovative three-wheeler leasing initiative.

Dialog Launches Sri Lanka’s Most Affordable 5G Smartphone

Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, has unveiled the country’s most affordable 5G smartphone, an important step forward in the nation’s digital transformation. Priced at just LKR 35,999, this pioneering initiative is designed to lower the entry barrier to next-generation connectivity by delivering cutting-edge technology at exceptional value.

DFCC Bank unveils SL’s first 20-year fixed-rate home loan

DFCC Bank has introduced the country’s first 20-year fixed interest rate home loan to offer long-term financial stability, faster access, and deeply human-centered support to Sri Lankan homebuyers.

Cambridge reaches 1,000 schools in SA driving innovation and excellence in education

The International Education group at Cambridge University Press & Assessment (Cambridge) announced that it has surpassed 1,000 Cambridge International Schools across South Asia, marking a significant milestone in its commitment to delivering world-class education in the region.

Sri Lanka honours hundred SMEs championing sustainable tourism

One hundred local small and medium enterprises (SMEs) received the National Sustainable Tourism Certification (NSTC) by the Sri Lanka Tourism Development Authority (SLTDA) in collaboration with the United Nations Development Programme (UNDP) under its initiative Biodiversity Finance Initiative (BIOFIN). It is one of the largest efforts of Sri Lanka to go green.

HNB Assurance and Flash Health join hands to redefine wellness for policyholders

In a move towards reimagining the future of accessible, digital-first healthcare, HNB Assurance PLC and Flash Health entered a partnership to enhance the wellness experience for policyholders. This collaboration brings together the trust and legacy of one of Sri Lanka’s leading insurance providers with the innovation and agility of a health-tech disruptor, creating a future where wellness is not just promised, but truly delivered.

DIMO Mega Fiesta 2025 enhances regional transport resilience in Jaffna

DIMO, the authorized general distributor for Tata vehicles in Sri Lanka, has reaffirmed its commitment to strengthening regional transportation through the execution of DIMO Mega Fiesta – Jaffna 2025, a comprehensive after-sales campaign for Tata commercial vehicles.

Visa drives digitization and economic growth through effective partnerships

Sri Lanka’s cashless journey has accelerated greatly, buoyed by increasing internet penetration and a projected US$ 2.8 billion ecommerce market by 2024.

Sinopec introduces Clean Sri Lanka Action to North Central Province

Sinopec announced the official opening of its newly modernized fuel station in Sri Lanka’s North Central Province, marking the company’s 15th upgraded facility on the island.

SLT-Mobitel launches enhanced ‘Home 4G LTE Broadband’

SLT-Mobitel has unveiled a revamped Home 4G LTE Broadband portfolio offering more value and simplified choices for every Sri Lankan home.

CSE Advances Following CBSL’s Decision to Maintain Policy Rate

The Colombo Stock Exchange opened positively today following the Central Bank’s decision to keep the Overnight Policy Rate (OPR) unchanged at 7.75%. Investor sentiment remained upbeat throughout the session, driving the All Share Price Index (ASPI) up by 151.15 points (+0.79%) to close at 19,243.08, while the S&P SL20 also gained 32.00 points (+0.57%) to settle at 5,689.62.

The future of electric driving has arrived

Electric cars are no longer just about saving fuel or reducing emissions. They’re quickly becoming the new standard for luxury, technology, and smart mobility.

CBSL keeps overnight policy rate unchanged

The Monetary Policy Board decided to maintain the Overnight Policy Rate (OPR) at the current level of 7.75% at its meeting held yesterday.

Sri Lanka’s unit trust industry sees widening investor base

Sri Lanka’s unit trust industry has demonstrated a significant expansion in its investor base over the past year, a positive indicator for financial inclusion and capital market depth.

Sri Lanka to spotlight export potential at Expo 2025 Japan

The Export Development Board (EDB), as part of its strategic approach to fostering further economic relationships with Japan on one hand and exploring new markets in Japan on the other, together with the Embassy of Sri Lanka in Tokyo is to organise a Sri Lanka Business forum and Networking session at the World Expo 2025 at Osaka, Japan, on 26 September 2025.

Tea output in 1H up 6.1% YoY

Sri Lanka’s tea production expanded in the first half of 2025, supported by improved output across all elevations, although gains were tempered by a year-on-year drop in June, data from Forbes & Walker Tea Brokers showed.

IMF First Deputy Managing Director Gita Gopinath to step down

International Monetary Fund (IMF) second in command, First Deputy Managing Director (FDMD) Gita Gopinath will step down from her role in August to return to ‘academic roots’.

Fitch rates Commercial Bank of Ceylon’s Basel III Subordinated Green Bond Final ‘A(lka)’

Fitch Ratings has assigned Commercial Bank of Ceylon PLC’s (COMB; AA-(lka)/Stable) proposed Sri Lankan rupee-denominated Basel III-compliant subordinated green bonds of up to Rs. 15 billion a final National Long-Term Rating of ‘A(lka)’.

Indices closed in green

Indices closed in green as a result of price gains in counters such as DFCC Bank, National Development Bank and Access Engineering with the turnover crossing Rs. 5.9 bn.

Secondary market extends its quiet streak

Secondary market withstood yet another muted day of trading yesterday as investors remained on the sidelines, having adopted a wait-and-see approach ahead of the monetary policy decision set to be announced today. Consequently, trading volumes were limited and the yield curve held firm.

Lanka Ashok Leyland charges ahead with electric buses and export push

Lanka Ashok Leyland PLC (LAL) is poised for a new era of growth, announcing ambitious plans to launch a full range of electric buses and commence exports, with the first consignment already delivered to the Maldives.

Rotary Means Business SL to host diplomats, biz leaders at landmark installation

The Rotary Means Business (RMB) Fellowship Sri Lanka Chapter announced it would host its much-anticipated Installation and International Business Networking Night 2025 on Thursday, July 24, 2025, at Cinnamon Life, City of Dreams, Colombo.

HNB and Indra Traders drive forward vehicle leasing solutions

HNB PLC has partnered with Indra Traders (Pvt.) Ltd to offer flexible leasing solutions for both registered and unregistered vehicles.

Sri Lanka Economic and Investment Summit 2025 opens registrations

The Ceylon Chamber of Commerce announced that registrations are now open for Sri Lanka Economic and Investment Summit 2025 (SLEIS), taking place on December 2 and 3, at Shangri-La Colombo.

ComBank-AusAsia Education support students with affordable education loans

Students aspiring to study overseas can now benefit from a special loan scheme offered by Commercial Bank of Ceylon, following the signing of a memorandum of understanding (MoU) with Austasia Education Consultants (Pvt.) Ltd (AusAsia Education), a leading student placement agency in Sri Lanka.

LB Finance-BYD accelerate electric vehicle adoption in Sri Lanka

LB Finance PLC entered a strategic partnership with JKCG, the local agent for BYD, one of the world’s foremost electric vehicle and clean energy manufacturers.

UK-Based Global Banking and Finance Awards recognises Janashakthi Life

Janashakthi Life, Sri Lanka’s fastest-growing life insurance provider in the first quarter of 2025 and a subsidiary of JXG (Janashakthi Group),

Great Place To Work unveils SL’s 40 Best Workplaces for 2025

In its 13th consecutive year of championing exceptional workplace culture, Great Place To Work Sri Lanka has officially unveiled the list of the 40 Best Workplaces in Sri Lanka for 2025.