Iran war casts fresh shadow over Sri Lanka’s recovery

Sri Lanka’s fragile economic recovery faces renewed external headwinds after Fitch Ratings downgraded its outlook on a growing number of emerging market sectors, warning that the ongoing Iran conflict is

‘Two leaves and a bud’ becoming fiction as climate change hits tea: Dilmah Chief

The centuries-old standard that defines premium Ceylon Tea is at risk of becoming “a fiction” as climate extremes disrupt growing conditions across Sri Lanka’s tea lands, Dilmah Tea Chairman and Chief

Softlogic Life enters Bangladesh with US$ 1.9mn insurer acquisition

Softlogic Life Insurance PLC yesterday announced it has signed a share purchase agreement to acquire a 60 percent stake in Bangladesh-based Diamond Life Insurance Company Limited for approximately

Prime Residencies commences ‘THE GOLF’ luxury residences

Prime Residencies officially marked the commencement of construction on its latest ultra-luxury residential development, THE GOLF, with its groundbreaking ceremony held at the project site on Lake Drive,

Sri Lanka tourism secures four international awards at Seoul Travel Fair

Sri Lanka Tourism has strengthened its international profile after winning four awards at the 41st Seoul International Travel Fair (SITF 2026) in South Korea, underscoring the country’s efforts to expand its global

Middle East conflict puts global spotlight on Colombo Port, World Bank tells government

The ongoing conflict in the Middle East has placed the Colombo Port under increased global attention, prompting the World Bank to urge the Sri Lankan government to exercise great care in its future

25 Thai delegates to attend SL-Thailand Business Council silver jubilee celebrations

Today marks a significant milestone in the history of Sri Lanka–-Thailand economic relations as the Sri Lanka-Thailand Business Council (SLTBC) celebrates its silver jubilee, commemorating 25 years of

Cinnamon Grand Colombo invites to celebrate Father’s Day with heartfelt moments

This Father’s Day, Cinnamon Grand Colombo invites families to come together and celebrate the incredible fathers and father figures who make life special, with a series of memorable dining experiences

Prime Group partners with BNS

Prime Group has entered a strategic partnership with Bathiya & Santhush (BNS), the country’s most internationally recognised music icons, marking a significant milestone in its journey to take Sri Lankan real

Toyota Lanka drives new era of after-sales excellence

In Kandy, Toyota Lanka marks a significant elevation in its after-sales service capability, redefining the way the customers experience care for their vehicles in the Central province.

Sri Lankan contingent in France for Cannes Young Lions

Eight creative talent representing Sri Lanka will take part in the coveted Young Lions Competition in Cannes, France, on June 22.

Sarvodaya Development Finance becomes 1st SL company to receive Client Protection Certification

Sarvodaya Development Finance PLC (SDF) has become the first Sri Lankan company to receive the Client Protection Certification, awarded by MFR under the Cerise + SPTF methodology, marking a

SLT-Mobitel with Foreign Affairs Ministry unveils Lankakonect app

SLT‑Mobitel, in collaboration with the Foreign Affairs, Foreign Employment and Tourism Ministry, has officially launched the Lankakonect mobile application.

Saviynt-ORIN advance identity security and digital trust

Saviynt, a leading provider of cloud-native identity security solutions, has appointed ORIN Corporation, a fully-owned subsidiary of South Asian Technologies Group, as its exclusive distributor in Sri Lanka.

Assetline Insurance Brokers-Asia Asset Finance strengthen integrated insurance solutions

Assetline Insurance Brokers (Private) Limited (AIBL), a subsidiary of David Pieris Group of Companies and one of Sri Lanka’s leading insurance brokerage firms, has entered into a strategic partnership with Asia

Ceylon Chamber of Commerce to hold 187th AGM

The Ceylon Chamber of Commerce will convene its 187th Annual General Meeting (AGM) on Thursday, June 25, 2026, at 5:30 p.m., at The Forum, Cinnamon Life.

Home Lands’ Pentara Residencies to be constructed by China Harbour Engineering Company

Home Lands Group announced that it has selected China Harbour Engineering Company (CHEC) for the construction of its flagship development in Colombo, Pentara Residencies, Thummulla Handiya.

Indices close in green

The ASPI closed in green as a result of price gains in counters such as Aitken Spence, Dialog Axiata and Melstacorp with the turnover crossing Rs. 3.1bn.

Secondary market witnessed a session of mixed sentiment

The secondary market witnessed moderate activity yesterday as the yield curve remained broadly stable amid mixed investor sentiment.

Peace deal optimism lifts CSE

The Colombo Stock Exchange extended its gains on Thursday, supported by improving investor sentiment following reports that the United States and Iran had signed a Memorandum of Understanding (MoU) paving the way for a potential peace agreement. The development boosted confidence across global markets and spilled over into the local bourse, helping both benchmark indices close in positive territory.

Industry calls for direct European charters as shifting airline dynamics challenge Sri Lanka’s tourism yield

The Sri Lanka Association of Inbound Tour Operators (SLAITO) is urging the government to offer incentives for direct European charters to attract high-yielding affluent travellers and defend the core tourism revenue.

Corporates must look beyond banks: SEC Chief

The capital market regulator, the Securities and Exchange Commission (SEC), is positioning equity and debt markets to play a larger role in financing economic growth, noting that the corporates will increasingly need to look beyond the traditional bank borrowing as the regulatory changes tighten the lending concentration limits and funding needs expand.

CDB organizes SMB Fair to empower local enterprises

Building a strong building block to empower Small and Medium Businesses (SMB) in Sri Lanka, Citizens Development Business Finance PLC (CDB) organizes a landmark two-day event in Kandy built around a single and powerful promise: Experience The Best of Local Business, All in One Place.

SLIM hosts Members’ Forum featuring Prof. Padmanabhan  

The Sri Lanka Institute of Marketing (SLIM) concluded an insightful and engaging Experience-Sharing Forum (ESF) on the topic ‘The Evolving Leadership Role of Marketers’ on 18 May at the Galle Face Hotel.

Wickramarachchi Opticians and Hearing Care marks 50 years in business

Wickramarachchi Opticians and Hearing Care celebrates its 50th anniversary this year, marking five decades of trusted service, innovation and unwavering commitment to improving the quality of life for generations of Sri Lankans.

Sysco LABS’ Product Nexus explores future of AI-driven product innovation and discovery

Sysco LABS recently brought together professionals across Product Management and Business Analysis through “Product Nexus” — a platform within its broader Nexus series designed to foster industry dialogue and knowledge sharing around emerging trends shaping the future of enterprise technology.

Global Vinyl takes Sri Lankan vinyl flooring to Maldives resorts

Sri Lankan manufacturer and distributor of vinyl flooring, Global Vinyl Ltd., has begun exporting its products to luxury resorts in the Maldives. The move is part of a broader strategy to take locally produced, SGS-certified vinyl flooring to international markets.

SLID launches Public Sector Forum to advance governance excellence in State-Owned Enterprises

As part of its 25th anniversary celebrations, the Sri Lanka Institute of Directors (SLID) has launched the Public Sector Forum – a dedicated platform aimed at strengthening governance, accountability, and board leadership within Sri Lanka’s public sector institutions and State-Owned Enterprises (SOEs).

Richard Pieris Finance encourages families to give fathers the gift of financial security

As families increasingly look at practical ways to support their parents and loved ones during retirement, Richard Pieris Finance Limited is encouraging everyone to consider something with lasting value - financial security and peace of mind for fathers who have spent their lives supporting their families.

Visa introduces ‘Click to Pay’ in Sri Lanka

Visa announced the launch of ‘Click to Pay’ in Sri Lanka, marking an important step in advancing secure, seamless, and frictionless digital commerce experience for consumers.