Sinopec launches Energy Talent Growth Programme 2nd phase in SL

Building on the success of its inaugural initiative, Sinopec, a global energy leader, is set to launch the second phase of its Energy Talent Growth (ETG) Programme in Sri Lanka this year.

ICC unveils Durra Kit Houses

In a bold move to revolutionise the construction industry, International Construction Consortium (Pvt.) Limited (ICC) has introduced an innovative, eco-friendly housing solution aimed at shaping a more sustainable future.

Sri Lanka’s oral health crisis demands cross-sector response: SLDA

Half of Sri Lankans suffer from some form of dental disease and a concerning 6 percent of the population has no teeth at all, according to the Sri Lanka Dental Association (SLDA), which has flagged poor oral hygiene as a “silent epidemic” requiring urgent, collaborative action.

Sigiriya becomes nation’s first sustainable destination

Sri Lanka’s tourism sector has reached a major sustainability milestone, with Sigiriya being officially declared as the country’s first sustainable destination.

Cartoon of the Day 07-06-2025: Caption This! (In The Comments)

Ocean economy surges, valued over US $ 2.2tn in 2023- UNCTAD

The global ocean economy demonstrated robust growth in 2023, with its combined value exceeding US $ 2.2 trillion and accounting for approximately 7 percent of global trade, according to a new report by the UN Conference on Trade and Development (UNCTAD).

Rubber exports dip in April as production continues downward trend

Sri Lanka’s rubber sector continued to face headwinds in the first quarter of 2025, with the Central Bank confirming a decline in production, reflecting the persistent challenges in the industry, according to Forbes and Walkers Commodity Brokers’ latest rubber report.

Selective buying as auction sentiment stays weak

The overall offerings at the Colombo Tea Auction were maintained around 6.7 million kilogrammes (M/Kgs).

ASPI gains 3.2% during the week

The ASPI closed in red as a result of price losses in counters such as Sampath Bank, Hayleys and Cargills with the turnover crossing Rs. 4.2 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Hayleys Fabric, Pan Asia Banking Corporation, Chevron Lubricants.

Muted moves mark a mellow market

Market participants carried forward the ambivalent tone from the previous session, resulting in a largely static yield curve. However, overall activity levels were rather dormant, leading to muted volumes.

SLT-Mobitel-OECSL to boost digital entrepreneurial growth

Empowering digital entrepreneurship islandwide, SLT-Mobitel and the Online Entrepreneurs Club of Sri Lanka (OECSL) officially signed a strategic partnership agreement.

People’s Bank hosts 21st Annual Inter-Branch/Department Quiz

People’s Bank hosted its 21st Annual Inter-Branch/Department Quiz at Monarch Imperial, Sri Jayewardenepura Kotte, underscoring its commitment to staff development and knowledge sharing.

Overseas School of Colombo vows to produce student thinkers, visionary leaders

The Overseas School of Colombo (OSC), boasting to be the oldest international school established in Sri Lanka and shaping futures since 1957, said how academic excellence is merged with real-world relevance to produce student thinkers and visionary leaders.

C.W. Mackie empowers farmer families

C.W. Mackie PLC, the diversified business conglomerate in Sri Lanka and category leader for Scan Jumbo Peanuts, initiated its second corporate social responsibility (CSR) initiative aimed at empowering the farming families who form the backbone of its supply chain.

NTB carries out islandwide clean-up initiative

Reaffirming its commitment to a cleaner, greener Sri Lanka, Nations Trust Bank (NTB) successfully carried out an islandwide environmental clean-up initiative that spanned seven beaches (Negombo, Wellawatta, Mount Lavinia, Jaffna, Batticoloa and Weligama), one wetland (Subhuthipura Road) and two lakes (Kandy Lake, Uyanwatta Lake).

Union Assurance’s Diabeater movement to lead fight against diabetes

Union Assurance, which continues to strengthen community well-being through its flagship corporate social responsibility programme Suwamaga that was launched in 2024, has entered its third phase with the powerful new nationwide movement Diabeater.

Hilton Hotels launch ‘Forever Starts Here’ wedding campaign

Hilton Hotels in Sri Lanka have launched ‘Forever Starts Here’, a limited-time campaign designed to help couples plan their make dream weddings with exclusive packaged and elevated experiences.

The Body Shop introduces Summer Essentials

The Body Shop’s Summer Essentials are curated to keep you feeling, looking and smelling good from head to toe. Here are some of them:

Barista SL strengthens commitment to sustainability on World Environment Day

In celebration of the World Environment Day, Barista Sri Lanka reaffirms its dedication to sustainable practices and environmental stewardship.

Crocodile Elite Club rewards loyalty with luxury

Crocodile, a globally reputed lifestyle and fashion brand, invites all discerning customers to enhance their shopping experiences with its official loyalty platform, Crocodile Elite Club – Your Signature Loyalty.

Asian Group’s Concept Store unveils Inspire Studio

The Concept Store, Sri Lanka’s pioneering homeware vendor and the retail arm of Asian Group of Companies, unveiled the highly anticipated Inspire Studio recently, marking the company’s bold entry into the interior design space.

Full’r Burgers launches Pita Kotte QSR

In a strategic move to strengthen its presence in Sri Lanka’s dynamic food service sector, Full’r Burgers, a flagship brand of Giga Foods (Pvt.) Ltd, has launched its new purpose-built quick service restaurant (QSR) in Pita Kotte.

Cinnamon Life’s ‘Retro Throwback with Dad’ on June 14

Fatherhood is more than a role — it’s a lifelong journey of love, guidance, strength and quiet sacrifice. This June, Cinnamon Life pays tribute to the men who have helped shape our lives with wisdom, laughter and unwavering support.

CSE closes negatively with both ASPI and S&P SL20 posting declines

The Colombo Stock Exchange (CSE) closed the day and the week on a negative note, following a consistent upward trend earlier in the week. The All Share Price Index (ASPI) declined by 40.49 points, or 0.23%, to close at 17,394.45. Similarly, the S&P SL20 Index recorded a loss of 10.83 points, representing a 0.21% decrease, to end the day at 5,175.95.

Six parties bid for port digitisation deal

Six parties have submitted bids for the much-awaited Port Community System (PCS), an initiative considered as a crucial step towards digitising port operations and a stepping stone towards the

Sugar importers warn against tax hike

The sugar importers have urged President and Finance Minister Anura Kumara Dissanayake not to increase the existing sugar import tax, warning that it would lead to a steep rise in prices and cause

Colombo Port heading towards a ‘natural death’, JAPTU warns

The Colombo Port, long considered the economic heartbeat of Sri Lanka, is heading towards a ‘natural death’ due to mismanagement at the Sri Lanka Ports Authority (SLPA), Co-Convenor of the Joint Alliance

Blue Ocean Capital inks US$ 4.63mn BOI deal for seaside luxury project

Blue Ocean Capital, the investment arm of Blue Ocean Group, has signed a US$ 4.63 million agreement with the Board of Investment (BOI) of Sri Lanka. This investment is targeted towards its flagship ‘Blue

DFCC Bank supports US$ 100mn social loan to boost women’s microfinance needs in India

DFCC Bank PLC acted as a lead arranger in a US$ 100 million social loan facility for Satin Creditcare Network Ltd (SCNL), one of India’s largest microfinance institutions.

Elpitiya Plantations bets big on berries

Elpitiya Plantations PLC (EPP) is strategically deepening its foray into high-value horticulture, with a significant focus on expanding its successful berry cultivation operations and introducing new varieties,