Evolution Auto launches ‘Xpeng G6’ in Sri Lanka

Evolution Auto Private Limited, the authorised distributor for Xpeng in Sri Lanka, officially launched the New Generation Xpeng G6 at its multi brand showroom in Colombo 05 on 22 May, marking a significant milestone in the country’s rapidly evolving electric vehicle landscape.

Capital Trust Properties extends partnership with John Keells Properties

Capital Trust Properties (CTP) has renewed its partnership with John Keells Properties to market its residential developments, including Cinnamon Life, TRI-ZEN, Viman and Vauxhall DSTRCT.

Dialog Brings Sri Lanka’s Largest Digital Vesak Experience to Matara

Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, collaborated with the Ministry of Buddha Sasana, Religious and Cultural Affairs to bring one of Sri Lanka’s largest and most technologically advanced Vesak experiences to the ‘Dakshina Prabha’ National Vesak Zone.

‘DFCC ONE’ elevates everyday banking with new digital features

DFCC Bank PLC has introduced a series of new features on ‘DFCC ONE’, strengthening its digital banking experience and giving customers greater freedom, accessibility and confidence in managing their financial lives across mobile and desktop platforms.

CSE renews CFASSL platinum sponsorship for ninth consecutive year

The Colombo Stock Exchange (CSE) has renewed its partnership recently as the Platinum Partner of CFA Society Sri Lanka (CFASSL) for the 9th consecutive year as the two organizations continue to uphold a shared commitment to promoting financial literacy and professional excellence within the Sri Lankan investment industry and its stakeholders.

SLASSCOM and BeyondOne launch internship platform as a national initiative

SLASSCOM together with BeyondOne has launched an internship platform as a national initiative aimed at bridging the gap between academia and industry through a scalable virtual internship ecosystem.

T-bill yields edge up across board

The secondary market activity remained subdued, evident through limited volumes and low levels of activity. The weighted average yields edged upward across all tenures at yesterday’s T-bill auction, resulting in an upward adjustment across the yield curve.

Indices continue to close in red

The ASPI closed in red as a result of price losses in counters such as Dialog Axiata, Sampath Bank and Ceylon Beverage Holdings with the turnover crossing Rs. 2.0 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Teejay Lanka, John Keells Holdings, Diesel & Motor Engineering. Mixed interest was observed in Commercial Bank, Hatton National Bank nonvoting and Dialog Axiata wh

Aitken Spence concludes FY26 on strong note recording 18% PBT growth to Rs.12.8bn

Aitken Spence PLC, a leading conglomerate with a diverse regional presence, recorded a strong profit before tax (PBT) of Rs.12.8 billion for the year ended March 31, 2026.

Structural reforms, care insurance systems crucial to reverse Sri Lanka’s declining female labour force anomaly

Addressing Sri Lanka’s persistently low female labour force participation requires an aggressive shift towards structural macroeconomic transformation and comprehensive institutional care systems, according to development experts.

Tea prices edge higher in May

The average national tea sale edged higher in May, supported by stronger Low Grown tea prices. However, the earnings in US dollar terms continued to weaken, amid the currency movements and softer international market conditions.

Global tariffs and geopolitical shockwaves trigger broad market selloff on CSE

The Colombo Stock Exchange (CSE) ended Wednesday’s session sharply lower as investor sentiment deteriorated amid escalating global geopolitical tensions and fresh trade policy concerns. Rising uncertainty surrounding ongoing war conditions, coupled with the announcement of new tariff measures imposed by the United States on foreign exporters, triggered a risk-off sentiment across regional and local markets.

Morison eyes export drive as local pharma manufacturing reaches critical mass

Morison Limited, the pharmaceutical manufacturing arm of Hemas Holdings PLC, is aggressively laying the groundwork for a major export drive after reaching a critical mass in the domestic healthcare sector.

CBSL launches anti-scam drive as fraud risks grow

The Central Bank yesterday warned that financial scams are emerging as a broader threat to confidence in Sri Lanka’s formal financial system.

South Korea overtakes India as world’s sixth-largest stock market on AI-fuelled chip rally

South Korea has overtaken India to become the world’s sixth-largest stock market, as a powerful rally in semiconductor stocks tied to the global artificial intelligence (AI) boom lifted the country’s market capitalisation to US$ 5 trillion.

Kerner Haus seeks Rs. 420mn via rights for real estate acquisitions

Kerner Haus Global Solutions PLC disclosed it plans to raise up to Rs. 420.1 million through a rights issue as the listed company seeks fresh capital to strengthen its balance sheet, improve liquidity and expand its real estate portfolio.

SEC cautions public against depositing funds with Samagi Capital

The Securities and Exchange Commission of Sri Lanka (SEC) yesterday warned investors against dealing with Samagi Capital (Private) Limited, stating that the company is not licensed to operate as a stockbroker or stock dealer and that a purported broker-dealer licence being circulated on social media is fraudulent.

Indices close in red, with foreign buying

The ASPI closed in red as a result of price losses in counters such as Melstacorp, LOLC Holdings and Colombo Dockyard with the turnover crossing Rs. 2.0bn.

Yield curve holds firm amid mixed investor sentiment

The secondary market withstood a quiet day yesterday amid thin trading volumes and limited investor activity. Contrary to yesterday’s modest selling pressure, investors showcased a mixed stance prompting the yield curve to remain largely anchored.

Garment Exporters Chamber presents SLCGE Design Hub proposal to Industry Ministry

A high-level delegation from the Sri Lanka Chamber of Garment Exporters (SLCGE) met with Industry and Entrepreneurship Development Deputy Minister Chathuranga Abeysinghe, at his office, to formally present a strategic proposal for the establishment of the SLCGE Design Hub.

Janashakthi Finance delivers strong 4Q growth

Janashakthi Finance PLC delivered a strong performance for the financial year ended March 31, 2026, reflecting disciplined execution, continued business expansion and sustained momentum across its core lending and deposit businesses.

CSE-Sampath Bank strengthen capital market access

The Colombo Stock Exchange (CSE) and Sampath Bank PLC signed a memorandum of understanding (MoU) late last month to jointly promote financial literacy, broaden awareness of capital market opportunities and support businesses in accessing sustainable growth avenues.

SDF appoints Saliya Ranasinghe to board

Sarvodaya Development Finance PLC (SDF) has announced the appointment of Saliya J. Ranasinghe as a Non-Executive, Non-Independent Director of the company, with effect from June 1, 2026.

DFCC Bank among Sri Lanka’s Top 10 Mom-Inclusive Workplaces

DFCC Bank PLC has been recognised among Sri Lanka’s Top 10 Mom-Inclusive Workplaces at Mom Leaders Conference 2026, organised by Parenthood Global, highlighting the bank’s continued focus on creating a workplace where working mothers are supported to grow, lead and succeed.

BOC installs Digital Tills on Kiri Vehera, Kataragama Devalaya premises

Bank of Ceylon (BOC) has installed Digital Tills (digital pin kata) on the sacred Kiri Vehera and historic Ruhunu Maha Kataragama Devalaya premises, enabling the devotees to make donations conveniently and securely through QR-based digital payments.

Lanka Hospitals celebrates 2025 milestones

Lanka Hospitals Corporation PLC successfully hosted its exclusive Pulse of Excellence awards ceremony recently. The event was organised to recognise and celebrate the institution’s remarkable milestone achievements and outstanding overall performance in 2025.

Meridian Talent counters AI-led hiring with human-first recruitment model

Meridian Talent, the specialist recruitment division of Meridian Creative Solutions, led by Az Da Rosa, argues that hiring accuracy should be treated as a commercial priority, not just a recruitment target.

NCPC launches National Cleaner Production Awards 2026

The National Cleaner Production Centre (NCPC) Sri Lanka officially launched two of the country’s most significant sustainability initiatives, National Cleaner Production Awards 2026 (NCPA 2026) and Fourth International Conference on Resource Efficiency and Circular Economy, at a special ceremony held in Colombo recently.

Middle east tensions weigh on CSE as selling pressure intensifies

The Colombo Stock Exchange (CSE) closed Tuesday’s session in negative territory, with both benchmark indices recording notable declines as escalating tensions in the Middle East continued to dampen investor sentiment. The uncertainty surrounding global geopolitical developments prompted investors to adopt a more cautious stance, resulting in broad-based selling pressure across the market.

Stability, reliability and transparency non-negotiable to unlock European investments

Sri Lanka must establish absolute policy predictability and regulatory transparency to successfully unlock large-scale European capital for its maritime infrastructure pipeline.