Market mood shifts, profit taking kicks in

As the week came to a close, the secondary market witnessed a reversal of the buying trend that was evident earlier in the week.

Amana Bank empowers Sri Lanka through Financial Literacy Programmes

Amana Bank has reaffirmed its commitment to empowering citizens through financial literacy, promoting informed financial decision-making to drive personal and professional success.

Fashion Bug partners with Sri Lanka Railways for station upgrades

Fashion Bug has recently reinforced its dedication to corporate social responsibility (CSR) through its ongoing efforts to revitalise the iconic Fort Railway Station, a commitment it has upheld since 2013 to enhance the station’s functionality.

AIA Insurance celebrates 30 years of lifesaving impact with Poson Safety Programme

AIA Insurance celebrates a significant milestone this year as it marks the 30th anniversary of its flagship Corporate Social Responsibility initiative—the AIA Poson Safety Programme.

SLT-Mobitel joins with OECSL to boost digital entrepreneurial growth

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

Prima KottuMee spices up with Korean Ramen Bar

Prima KottuMee has once again elevated the Korean Ramen experience with its popular Korean Ramen Bar coming back for round two at Keells Darley Road.

Bishop’s College partners to launch ‘NDB Pixel’ awareness for future-ready teens

NDB Bank recently partnered with Bishop’s College, Colombo to launch an exclusive awareness initiative focused on promoting financial literacy among students aged 13 to 17 through its youth banking product, NDB Pixel.

Datatech Lanka honoured as ‘Best Japanese Language School of the Year’

Datatech Lanka (Pvt) Ltd was recently awarded as the Best Japanese Language School of the Year at the Business World International Awards 2025.

Link Samahan concludes ‘Asiri Surakimu Samanola’ initiative at Sri Pada

Link Samahan - the flagship brand of Link Natural Products (Pvt) Ltd has concluded its ‘Asiri Surakimu Samanola’ biodiversity conservation initiative.

Brandix Corporate Campus celebrates 146 new apparel graduates to weave next growth phase

A new cohort of apparel professionals passed out as the Brandix Corporate Campus (BCC) concluded its 2024 Convocation at the BMICH in Colombo recently.

Siam House celebrates 32 years as the pioneer of authentic Thai cuisine

Siam House, a leader in authentic Thai dining, marks its 32nd anniversary—celebrating over three decades of bringing the rich flavours of Thailand to both local patrons and international visitors.

Cosmetics.lk hosts first loyalty workshop 

In a celebration of trust and connection, Cosmetics.lk hosted its first-ever Loyalty Workshop, “Loyalty GlamFam Meetup 2025” recently.

Dr. Sachini honoured at Entro Queen Excellence 2025

Dr. Sachini Aththanayaka, Director of Sayora Healthcare (Pvt) Ltd, has been awarded the Excellency Award in the category of Beauty, Health, and Wellness Services at the Entro Queen Excellence – Leading Lady in Business Award 2025.

Allianz Insurance Lanka shines at Great Managers Awards 2024

Allianz Insurance Lanka Ltd. was recognized once again as a ‘Company with Great Managers’ at the Great Managers Awards 2024, held at Cinnamon Grand Colombo.

Dickwella Resort & Spa unveils fresh culinary chapter

Located along Sri Lanka’s southern coastline, Dickwella is famous for its immaculate beaches and coral reefs beneath the turquoise waters.

Nawaloka Hospitals launches smart digital platforms

In a landmark advancement for Sri Lanka’s healthcare sector, Nawaloka Hospitals PLC has introduced a state-of-the-art AI-powered OPD chatbot, and a fully integrated corporate chatbot through its official website.

QR code introduced for easy TIN registration

The Inland Revenue Department (IRD) has introduced a QR code to simplify the registration process for Taxpayer Identification Numbers (TINs), Commissioner General of Inland Revenue, Ms. R.P.G.H. Fernando said.

US trade court ruling eases pressure on Sri Lanka for now

A surprise ruling by a US trade court blocking most of the steep tariffs announced by President Donald Trump may give Sri Lanka a much-needed breather, however, the country must not squander this window

People’s Bank delivers record profit of Rs. 17.7 bn in 1Q25

People’s Bank has reported total consolidated operating income of Rs. 45.1 billion and post-tax profit of Rs. 11.0 billion, reflecting a growth of 120.8 percent and 347.2 percent respectively.

Deepa Mehta spotlights SL’s versatility for global filmmaking

Sri Lanka was hailed as a unique and versatile film destination by acclaimed director and producer Deepa Mehta who highlighted the island’s distinct appeal.

Sri Lankans turn to discretionary spending as consumer behaviour shifts after years

Sri Lankan consumers are gradually shifting spending beyond essentials, supported by easing inflation and modest income gains, in a sign of recovering confidence following years of economic turmoil.

David Pieris buys Sampath Bank stake from Ayenka for Rs.1.4bn

David Pieris Group yesterday picked up 12.5 million Sampath Bank shares, which is about 1 percent of the issued shares of Sri Lanka’s third largest private bank in terms of assets, for about Rs.1.4 billion.

Cargills reports 22.5% profit growth in FY25

Cargills (Ceylon) PLC, one of Sri Lanka’s leading consumer companies, reported a strong financial performance for the financial year ending 31 March 2025, supported by volume-led growth across its key

Yields trend further down, while activity stays soft

The secondary market yield curve continued its downward drift, driven by renewed buying interest, especially evident in the lead-up to yesterday’s T-Bond auction. Despite this momentum, trading volumes

Turnover crosses Rs. 6 bn

The ASPI closed in green as a result of price gains in counters such as LOLC Holdings, Ceylon Cold Stores and John Keells Holdings with the turnover crossing Rs. 6.4 bn.

Janashakthi, fastest growing insurer in 1Q 2025

Janashakthi Life, the fastest growing life insurer in the country, recorded a 49 percent year-on-year increase in gross written premiums for the 1Q 2025, totalling Rs.1,830 million—up from Rs.1,231 million in

ACE Apparel receives OEKO-TEX Organic Cotton certification

ACE Apparel (Pvt.) Ltd Koggala, a subsidiary of Aitken Spence PLC, has become the first and only company in Sri Lanka to receive the prestigious OEKO-TEX Organic Cotton certification for its products.

Korean envoy explores investment opportunities at HIP

Ambassador for the Republic of Korea in Sri Lanka Miyon Lee visited the Hambantota International Port (HIP) recently, to explore the potential business collaborations and assess the port’s operational

HNB-Litro facilitate card, QR-based payments

HNB PLC announced a strategic partnership with Litro Gas Lanka Limited to facilitate card and LankaQR-enabled payments across Litro’s customer touchpoints, including key agents, dealerships and customer

Seylan Bank initiates Eco Solar Loans 2nd phase for SMEs

Seylan Bank continues its commitment to support the growth of the small and medium enterprises (SMEs) by expanding its range of affordable and flexible financing solutions.