Bally’s Colombo triumphs at Asia Gaming Awards 2025

Bally’s Colombo was awarded the Best Gaming Property of the Year at the 2025 Asia Gaming Awards in Manila, marking a historic milestone for the country’s gaming and hospitality sectors.

EDB to lead local apparel exporters to China for technology exposure programme

The local apparel exporters will have the fresh opportunity to gain firsthand insights and experience of Chinese technology in apparels with the Export Development Board (EDB) gearing up to host an

Hayleys Solar-Cargills propel sustainability with solar energy

Hayleys Solar has renewed its successful partnership with Cargills Group to progress with the second phase of solar energy installations islandwide.

People’s Bank relocates Moronthuduwa service centre

People’s Bank recently inaugurated its Moronthuduwa service centre at a new and improved location, further strengthening its service offerings for customers in the Moronthuduwa area.

Mastercard-LankaPay threefold plan to accelerate SL’s digital economy

Reaffirming its commitment to bolstering Sri Lanka’s digital economy, Mastercard and LankaPay, the national payment network of Sri Lanka, yesterday announced a strategic collaboration to enhance card

Emirates Group achieves record profit of US $ 6.2bn in 2024-25

The Emirates Group yesterday released its 2024-25 annual report, achieving new record profit, EBITDA, revenue and cash balance levels.

SDB bank elevates local entrepreneurs

Continuing its unwavering commitment to uplifting local entrepreneurs and opening new market opportunities for them, SDB bank hosted the inaugural SDB Vyaapara Prathiba 2025 trade fair at F.R.

SL-Korea Business Council discusses on export prospect

The Sri Lanka-Korea Business Council (SLKBC) of The Ceylon Chamber of Commerce hosted a discussion on ‘Sri Lanka’s Export Prospect? Challenges. Opportunities. Reforms’ recently at Hilton

99x empowers employees through international exposure

A team of 99x employees travelled to Haugesund, Norway, to engage with their long-standing partner RamBase by Hatteland for an intensive week of workshops, strategic discussions and hands-on

Manjula Wijesundara new COYLE Chairman

The Chamber of Lankan Entrepreneurs (COYLE) announced the appointment of Manjula Wijesundara as its new Chairman for the year 2025/26.

Positive momentum returns despite low turnover

The Colombo Stock Exchange (CSE) showed positive momentum today, recovering from a decline seen yesterday.

CAL’s Rs.1.58 IPO oversubscribed within hours

Capital Alliance Holdings Limited’s (CALH) Rs. 1.58 billion initial public offering (IPO) was oversubscribed within hours of opening today.

WB chief’s visit unlocks US $ 1bn support package for Sri Lanka

Sri Lanka is set to gain renewed momentum going forward with the World Bank (WB) announcing it will back the island nation with a support package in excess of US $ 1 billion.

Sri Lanka sees unprecedented 14.5% surge in cash in 2024

The Central Bank has reported an unprecedented 14.5 percent year-on-year (YoY) growth in physical cash circulation during 2024.

No regulator, no data, no monitoring in SL’s lubricant sector

Sri Lanka’s lubricant industry remains without a dedicated regulatory framework over a year, since the formal plans were first announced.

EU reminds Sri Lanka of GSP+ conditions

The European Union (EU) has reiterated the urgency for Sri Lanka to align its domestic laws with the international human rights and labour conventions, if it is to continue reaping the benefits of preferential access to the EU market, under the GSP+ trade scheme.

Laugfs Holdings appoints Dr. Ravi Edirisinghe as Group MD/CEO

Laugfs Holdings Limited announced the appointment of Dr. Ravi Edirisinghe as its new Group Managing Director and Group Chief Executive Officer, effective May 2, 2025.

Crossings boost turnover

The ASPI closed in red as a result of price losses in counters such as John Keells Holdings, Ceylinco Holdings and Commercial Bank with the turnover crossing Rs. 3.2 Bn. A similar behaviour was witnessed in the S&P SL20. Crossings were witnessed in Agalawatte Plantations, Hatton National Bank, Chevron Lubricants, Sampath Bank, CT Holdings and John Keells Holdings accounting for 56.2% of the turnover. Mixed interest was observed in John Keells Hol

Post-election rally drives continuous buying in secondary market

The Central Bank conducted its weekly T-bill auction yesterday, raising Rs.122.7 billion, lower than the initially offered amount of Rs.130.0 billion.

Sysco LABS’ Nexus series spotlights AI-powered engineering

Sysco LABS recently hosted the latest edition of its Nexus series, bringing together thought leaders in the platform engineering space to explore how AI is transforming the developer experience (DevEx) and accelerating software delivery.

CDB conferred Corporate Gold Membership by Green Building Council

Recognizing their unwavering commitment to driving environmental stewardship and sustainable financing solutions, Citizens Development Business Finance PLC (CDB) was conferred Corporate Gold Membership by the Green Building Council of Sri Lanka on 2nd of April this year.

ComBank promotes new energy vehicles with Evolution Auto

The Commercial Bank of Ceylon has announced its support for accelerating the transition in Sri Lanka to new energy vehicles by launching a collaboration with Evolution Auto, a specialist in multi-brand electric mobility solutions.

New Nissan Magnite launched in Sri Lanka

Associated Motorways (Pvt) Ltd. (AMW), the authorized distributor of Nissan vehicles for Sri Lanka announced the launch of the New Nissan Magnite in Sri Lanka with bold aesthetics, enhanced safety, and advanced tech. The Nissan Magnite’s bold presence is accentuated by a tougher, more robust exterior that exudes confidence and enhances its already impressive road presence. The vehicle is available in 18 variants with 4 powertrain options, 1.0L P

John Keells Properties and MullenLowe unveil ‘Minutes Away’ campaign for TRI-ZEN

John Keells Properties (JKP), in collaboration with MullenLowe, has launched “Minutes Away– The Smartest Campaign in Sri Lanka” for JKP’s smart apartment development, TRI-ZEN.

HP offers exclusive 3-year warranty for laptops bought through authorised sellers

HP has announced the introduction of an exclusive three-year warranty for a select range of laptops featuring Intel and AMD processors in Sri Lanka.

Direct Kitchens opens Colombo showroom blending Australian luxury design

Direct Kitchens, Melbourne’s premier designer and manufacturer of high-end custom kitchens, marked a significant milestone with the launch of its first international showroom in Colombo, bringing over 40 years of world-class kitchen design expertise to sophisticated Sri Lankan homeowners.

Rootcode partners with Portugal to launch Smart Farming AI & IoT System

Rootcode, a global software product engineering company, has announced its latest European government partnership with the City of Porto, Portugal. This partnership focuses on developing an innovative AI-driven crop health management mobile app and custom-designed hardware.

Regen Renewables marks 12 years of innovation and over 80MW of solar power across SL

Regen Renewables (Pvt) Ltd. (Regen Solar) celebrates 12 years of industry leadership — a journey defined by innovation, resilience, and a steadfast commitment to a cleaner, brighter future.

Young Geckos help restore forest near Sinharaja

Students from The Overseas School of Colombo roll up their sleeves to revive degraded land near Sri Lanka’s most iconic rainforest, proving that action speaks louder than awareness.

Cleantech Ltd wins sustainability champion award at WiLAT 2025

Sri Lanka’s integrated environmental management solutions provider, Cleantech (Pvt) Ltd was felicitated as the Sustainability Champion of 2025, a recognition for leadership in sustainable waste management, at the WiLAT Awards organised by the Women’s Forum of The Chartered Institute of Logistics and Transport (CILT) Sri Lanka, to recognise the outstanding contributions by women within the logistics industry.