CH17 to introduce ‘Ticket Miles’ loyalty programme 

CH17 Loyalty has announced the launch of ‘Ticket Miles’, a first-of-its-kind loyalty programme designed to benefit both travel agents and their customers while contributing to the sustainable recovery of the travel industry. The Ticket Miles initiative is a game-changing platform that offers a suite of customer rewards exclusively for those who book air ticket through a registered travel agent, rather than online portals.

TRI-ZEN by John Keells Properties celebrates 650th apartment handover

In a landmark achievement for urban residential development, TRI-ZEN by John Keells Properties has successfully completed the handover of its 650th apartment, marking a significant moment in Colombo’s evolving real estate landscape.

Hayleys Fentons wins ‘Company with Great Managers Award 2024’

Hayleys Fentons Limited was once again recognised with the ‘Company with Great Managers Award’ at the 2024 CLA Great Manager Awards, as six of its emerging leaders were honoured for their results-driven, people-first leadership.

CSE continues momentum above 17,500 with strong investor activity

The Colombo Stock Exchange (CSE) continued its upward momentum, surpassing the 17,500 mark on the All Share Price Index (ASPI). The ASPI closed at 17,657.60, recording a gain of 157.36 points, or 0.90%.

Global economy set for weakest run since 2008 outside of recessions

Heightened trade tensions and policy uncertainty are expected to drive global growth down this year to its slowest pace since 2008 outside of outright global recessions, according to the World Bank’s latest Global Economic Prospects report.

No further operational halts at East Container Terminal - SLPA

The Sri Lanka Ports Authority (SLPA) yesterday moved to reassure the shipping industry an end to operational shutdowns at the East Container Terminal (ECT) previously required for construction.

June tourist arrivals surge, but monthly target faces steep climb

Sri Lanka’s tourism sector witnessed a robust start to June, with arrivals in the first five days surging by 35.92 percent year-on-year to 21,293.

DFCC Bank makes history with green bond listing on India’s NSE IX

DFCC Bank PLC has achieved a significant milestone by becoming the first foreign corporate to list a bond on India’s National Stock Exchange - International Exchange (NSE IX) at GIFT City.

IMF’s Second-in-Command Gita Gopinath to visit Sri Lanka for high-level talks

In a significant development for Sri Lanka’s economic recovery efforts, the International Monetary Fund’s (IMF) First Deputy Managing Director (FDMD), Dr. Gita Gopinath is set to visit the island from June 15-16.

Open-loop transit card key to modernising Sri Lanka’s public transport: Dr. Dharmasri Kumaratunge

The introduction of a modern electronic ticketing system or transit card for Sri Lanka’s public transport has been a hot topic of discussion for years, with several pilot projects failing to reach nationwide implementation.

Richwin Investment honoured at two prestigious award ceremonies in 2025

Richwin Investment and Credit (Pvt.) Ltd was honoured as the Best Finance Solution Company of the Year at Business World International Awards 2025.

CEEDECS wins NIBE Best National Industry Brand Award

CEEDECS Lanka Holdings (Pvt.) Ltd, a well-known name in Sri Lanka’s construction sector, has been awarded the Best National Industry Brand Award in the Mining and Allied Industry Sector (Medium Scale), at the National Industry Brand Excellence (NIBE) Awards.

ASUS named Sri Lanka’s Number One Consumer Notebook Company by IDC

ASUS, a global leader in technology and innovation, has been recognized as the No.1 Consumer Notebook Company in Sri Lanka by the International Data Corporation (IDC) QuarterlyTracker.

Prime Lands Residencies crowned ‘Developer of the Year Sri Lanka’ title

Prime Lands Residencies PLC was selected as ‘Developer of the Year – Sri Lanka’ at the Real Estate Asia Awards 2025 event held on June 5 at the Marina Bay Sands Expo and Convention Center in Singapore recently.

HNB partners with Mediccon Health Care to provide leasing solutions to medical diagnostics sector

HNB has partnered with Mediccon Health Care to promote leasing solutions for advanced medical diagnostic equipment across the country.

Dilmah celebrates 40 years in tea business  

Sri Lanka’s flagship international Tea brand, Dilmah, celebrates 40 years this year, with renewed commitment to Teamaker Merrill J. Fernando’s founding promise of Quality, Integrity and Kindness.

Dialog Enterprise elevates Ceylinco’s digital infrastructure

Dialog Enterprise has reinforced its leadership in enterprise networking with the successful deployment of a cutting-edge SD-WAN solution for Ceylinco General Insurance.

World’s Largest Carpet Manufacturer, Shaw Industries, and Alpha Industries Form Strategic Alliance to Elevate Commercial Interiors in Sri Lanka

Alpha Industries, one of Sri Lanka’s most trusted names in interior and manufacturing solutions—proudly announces its partnership with Shaw Contract, a commercial flooring brand under Shaw Industries, the world’s largest carpet manufacturer and a subsidiary of Berkshire Hathaway.

MullenLowe’s Harendra awarded inaugural NextGen Leader scholarship to Cannes Lions

At a special ceremony held in Colombo recently, MullenLowe Group Sri Lanka Senior Vice President and Executive Creative Director Harendra Uyanage was named as the first-ever recipient of the Next Generation Leader scholarship.

Sri Lankan-American Dr. Sivaguru Sritharan leads QuantSafe AI platform

QuantSafe emerges at the intersection of control theory, artificial intelligence and responsible investment, as Wall Street Fintech AI Inc. advances its mission to bring scientific rigor to institutional portfolio optimisation.

Dijital Team opens authorised Pearson VUE test centre in Colombo

Dijital Team, a global service provider offering smarter offshoring solutions for IT businesses, recently partnered with Pearson VUE, a global provider of professional testing services, to open an authorised Pearson VUE test centre in Sri Lanka.

NCPC launches 3rd Int’l Conference, Cleaner Production Awards 2025

The National Cleaner Production Centre (NCPC) of Sri Lanka announced its upcoming events in collaboration with the Industry and Entrepreneurship Development Ministry, viz, the third International Conference on ‘Resource Efficiency and Circular Economy’ and NCPC Awards 2025.

DIMO relocates DATS facility to Peliyagoda

DIMO announced the relocation of its new DIMO Academy for Technical Skills (DATS) facility in Peliyagoda.

Radisson Hotel Kandy celebrates 2nd year of global sustainability recognition

Radisson Hotel Kandy announced its successful completion of the Hotel Sustainability Basics audit for the second consecutive year, reaffirming its steadfast commitment to sustainability and responsible hospitality.

Central Bank calls for CRIB to align with global credit reporting standards

Central Bank Governor Dr. Nandalal Weerasinghe has stressed that the Credit Information Bureau of Sri Lanka (CRIB) must benchmark its practices against leading global and regional peers to stay ahead of the evolving trends in credit risk management and financial system regulation.

Sarvodaya Finance announces Rs.2bn sustainable bond issue

Sarvodaya Development Finance PLC (SDF) has announced its intention to raise up to Rs.2 billion through a new debt issuance, according to a recent filing with the Colombo Stock Exchange (CSE).

Singapore cargo ship catches fire off Kerala coast

Wan Hai 503, a Singapore-flagged container ship en route to Mumbai from Colombo, caught fire off the coast of Kozhikode, Kerala.

Sri Lanka’s e-commerce user penetration to hit 14.1% by 2029- Bamagate

Sri Lanka’s e-commerce sector is on a significant upward trajectory, with online user penetration forecast to expand from 13.3 percent this year to 14.1 percent by 2029, according to an emerging e-commerce player.

Hayleys unit inks PPA for US $ 50mn Mannar wind power project

Haywind One Limited, a unit of Hayleys PLC, has signed a power purchase agreement (PPA) with the Ceylon Electricity Board for a 50 MW wind power project located in Mannar.

Spa Ceylon to enter lucrative UAE, Chinese markets next month

Spa Ceylon, the world’s largest luxury ayurveda wellness chain, is poised for a significant international expansion with plans to enter the United Arab Emirates (UAE) and China in July.