Sri Lanka’s exports rebound in April

Sri Lanka’s export engine gathered pace in April 2025, marking an 8.74 percent year-on-year (YoY) growth, with earnings reaching US $ 1.29 billion.

UK urges SL to ease market barriers to boost £1.6bn trade ties

The UK is keen to see Sri Lanka reduce market access barriers and improve ease of doing business and enhance transparency, which will further boost the trade and investment relationship between the two nations.

CPEX confirms resumption of TEMU deliveries across SL

As Sri Lankan customers of TEMU are facing delays in receiving their parcels, CPEX Sri Lanka, an official delivery agent for the Chinese e-commerce company, affirmed the resumption of the dispatches.

LOLC Finance posts record Rs.25bn profit

LOLC Finance PLC set a new benchmark in the non-bank financial institution (NBFI) sector by reporting an outstanding profit after tax of Rs.25 billion for the financial year ending March 31, 2025.

JAT Holdings lifts bottom line despite export slump

JAT Holdings PLC closed the financial year ending March 2025 on a stronger bottom line, with cost efficiencies and strategic integration efforts driving up profitability.

Secondary market opens strong with active buying

The secondary market began the week with a sustained buying sentiment, echoing the momentum seen in previous sessions.

Net foreign inflow for 7 straight sessions

The ASPI edged up as a result of price gains in counters such as Ceylon Cold Stores, Hemas Holdings and Hayleys with the turnover crossing Rs. 3.7 Bn. Meanwhile, the S&P SL20 edged down. High net worth and institutional investor participation was noted in Dialog Axiata, Hemas Holdings and Lion Brewery. Mixed interest was observed in ACL Cables, Lanka Milk Foods and Sunshine Holdings whilst retail interest was noted in LVL Energy Fund , Lanka Cred

Alibaba.com’s export strategist to guide Sri Lankan SMEs on expanding global footprint

The Ceylon Chamber of Commerce will host a special session on May 29th featuring a high-level executive from Alibaba.com, aimed at helping Sri Lankan Small and Medium Enterprises (SMEs) expand their global footprint and tap into new overseas markets.

SMI Point signs agreement for US$ 22.4mn apartment complex in commercial capital

SMI Point Limited, a luxury developer, has signed an agreement with the Board of Investment (BOI) for a US$ 22.4 million worth 102-apartment luxury residential complex in the heart of the commercial capital Colombo.

ASEAN and S. Asia scholars unite under millennium project’s new regional website

The official grand launch event of the Millennium Project South Asia regional website (www.southasiaforesight.net) took place at the Nation Building International Institute (NBII) in Bangkok, Thailand recently.

ACCA strengthens Accounting education through ALP network

The Association of Chartered Certified Accountants (ACCA) is amplifying its impact in Sri Lanka through a dynamic and expanding network of Approved Learning Partners (ALPs).

Allianz Insurance Lanka introduces ‘SheResumes’ to support women to return to workforce

Allianz Insurance Lanka Limited has introduced ‘SheResumes’, an initiative designed to support women who have taken a career break and are ready to return to the workforce. The programme focuses on providing women with the tools, skills, and confidence they need to successfully re-enter their careers.

Pan Asia Bank excels at Great Manager Awards 2024

Pan Asia Bank has once again been recognized as a trailblazer in leadership excellence, being honoured at the Great Manager Awards 2024, organized by the Colombo Leadership Academy. This award is presented to organizations that demonstrate a strong commitment to cultivating exceptional leadership, fostering a high-performance culture, and setting benchmarks in talent development across industries.

David Pieris energises Leema Creations with solar installation

David Pieris Solar Energy-has completed a mega scale rooftop solar installation at the factory premises of Leema Creations (PVT) Ltd.

MillenniumIT ESP Singapore and Microsoft host event showcasing future of security

MillenniumIT ESP Singapore, in strategic partnership with Microsoft, hosted an exclusive event titled “Next-Generation Security and Automation: A Deep Dive into Microsoft Sentinel and Copilot Studio” at the Microsoft Singapore Office.

Scanwell Colombo to host Annual Global Conference 2025

In a rapidly evolving global trade landscape, where agility, speed, and integration define success, Scanwell Logistics continues to set industry benchmarks as a leading logistics provider.

DIMO Agritech introduces new solutions to mitigate climate change impact

DIMO Agribusinesses, through its DIMO Agritech Unit has introduced a range of technological solutions such as modern protected houses and polytunnel models with specific guidelines to increase agricultural productivity through SMART farming methods.

First Capital strengthens partnership with CFA Society as Gold Sponsor

First Capital Holdings PLC, a subsidiary of JXG (Janashakthi Group), announced the elevation of its partnership with CFA Society Sri Lanka to Gold Sponsor status.

Hayleys Fentons receives national recognition for Fire Safety Excellence

Hayleys Fentons Limited has been honoured with the Excellence Award in Mechanical Engineering at the Annual Construction Competition – Western Province 2025, presented by the National Construction Association of Sri Lanka.

CSE kicks off week with mixed sentiment

The Colombo Stock Exchange (CSE) closed on a mixed note today, reflecting a slight decline in investor confidence and subdued market momentum. Market participants appeared cautious, with trading activity remaining relatively muted amid a lack of fresh catalysts.

NEXT closure highlights urgent need for cost reforms – JAAF

Sri Lanka’s apex apparel body has sounded the alarm on the growing burden of operational costs, calling for urgent, industry-wide collaboration following the sudden closure of NEXT’s Katunayake plant, one of the largest single-factory shutdowns in recent times.

Central Bank cites easing inflation, weaker external demand as reasons for rate cut

The Central Bank (CB) said it eased monetary policy on Thursday (22) due to a lower-than-anticipated inflation path and weaker-than-expected aggregate demand, stemming from geopolitical uncertainties following the imposition of broad-based tariffs on the United States’ (US) trading partners.

Inaugural IODA Summit anchors Sri Lanka’s bid for Indian Ocean diving hub

Sri Lanka is positioning to become a leading diving hub in the Indian Ocean region as it prepares to host the inaugural Indian Ocean Divers Association (IODA) Ocean Summit 2025.

Asian Banker crowns ComBank & MD Manatunge as ‘Sri Lanka’s Best’ in landmark recognition

In a landmark recognition of industry leadership and resilience, Commercial Bank of Ceylon PLC has been crowned the ‘Best Managed Bank in Sri Lanka,’ while its Managing Director/CEO, Sanath Manatunge, has earned the coveted title of ‘Best Bank CEO in Sri Lanka’ from the influential The Asian Banker magazine.

Dmitri Cooray appointed Executive Director at Jetwing Lighthouse

The Lighthouse Hotel PLC announced the appointment of Dmitri Cooray as a new Executive Director to its board, effective May 23, 2025.

Stakeholders validate apparel curriculum for persons with disabilities

A diverse group of stakeholders from Sri Lanka’s apparel industry convened recently at NH Collection Colombo for a national workshop focused on validating an inclusive apparel manufacturing curriculum tailored for persons with disabilities (PwDs).

Abans offers LG UHD and OLED TVs

Witnessing visual excellence has never been easier with LG UHD and OLED TVs, which are now available at Abans and Abans Elite showrooms islandwide and on BuyAbans.com.

Glaring mistakes in recent gazette published for direct recruitment to SL Accountants’ Service Grade III

The recent gazette for direct recruitment to Grade III of the Sri Lanka Accountants’ Service contains serious flaws, listing non-existent qualifications from certain Commonwealth countries, while excluding the locally qualified candidates from a professional body established by an Act of Parliament. As a result, over 1,500 eligible Sri Lankan accounting graduates have been unfairly denied the opportunity to apply for government accountancy positi

OC by Orion City redefines flexible workspaces in Colombo

Orion City introduced OC by Orion City, a new chapter in flexible office solutions, located at one of the most prestigious and connected addresses in Colombo 3.

New Generation SL presents Youth Top40 Awards 2025

New Generation Sri Lanka announced Youth Top40 Awards 2025, ignited by Soorya, to be held on June 12, 2025, at Shangri-La Colombo.