Sri Lanka targets young travellers through Roblox tourism experience

Sri Lanka is looking to tap into the global gaming community to attract the next generation of travellers, with local game developer Sea Pony Studios launching ‘Discover Ceylon’, a virtual tourism experience on the Roblox platform.

Wait-and-watch stance keeps market activity subdued

The secondary market remained subdued, with limited activity and thin volumes as investors stayed on the sidelines.

ASPI loses 2.5% during the week

The ASPI edged down as a result of price losses in counters such as Hayleys, Windforce and Digital Mobility Solutions Lanka with the turnover crossing Rs. 2.9 Bn. Meanwhile, the S&P SL20 closed in red. High net worth and institutional investor participation was noted in John Keells Holdings, Access Engineering and Amana Takaful. Mixed interest was observed in Ceylon Cold Stores, Digital Mobility Solutions Lanka and Sunshine Holdings whilst retail

Laugfs gas prices remain unchanged

Laugfs Gas PLC has announced that the domestic LPG prices will remain unchanged for June, despite the rising global procurement costs, supply chain challenges and depreciation of the Sri Lankan rupee.

Tea prices steady to lower as export demand remains uneven

The total auction offerings were marginally higher to the previous week and totalled 6.2 million kilogrammes (M/Kgs).

Sri Lanka Climate Summit 2026 to spotlight climate readiness

As climate-linked regulations, investor expectations and financing requirements increasingly influence global trade and market access, Sri Lanka Climate Summit 2026 will place business readiness at the centre of national conversation, with a high-level line-up of policymakers, international agencies, corporate leaders and technical experts set to examine what climate preparedness means for Sri Lanka’s economy in practice.

SL loses out on GDP gains as unpaid care and wage inequalities clip female labour potential

Sri Lanka is severely compromising its macroeconomic growth by failing to bridge the gender gap in labour force participation, a deficiency deeply rooted in stark wage inequalities for unskilled formal workers and a disproportionate burden of unpaid care work.

Cartoon of the Day 06-06-2026

CSE ends week on a soft note as early gains fade amid cautious Friday profit-taking

The Colombo Stock Exchange (CSE) ended the week on a slightly weaker footing on Friday, as an early attempt at recovery lost momentum and the market drifted lower into the close. Despite a positive start to the session, profit-taking and selective selling during the latter half of trading erased intraday gains, resulting in a marginally negative finish.

LAUGFS gas prices remain unchanged

LAUGFS Gas PLC has announced that domestic LPG prices will remain unchanged for June despite rising global procurement costs, supply chain challenges, and the depreciation of the Sri Lankan rupee.

New US tariff could erode Sri Lanka’s export competitiveness: CCC warns

Says at a time when Sri Lanka is working to accelerate export growth, attract investment, and create employment opportunities, any increase in trade barriers presents a significant challenge

Pelwatte Dairy commissions Sri Lanka’s largest dairy effluent treatment plant

Pelwatte Dairy Industries Limited has commissioned its state-of-the-art Effluent Treatment Plant (ETP) at its Buttala manufacturing facility, marking a significant milestone in the company’s journey toward

CA Sri Lanka felicitates first woman Auditor General

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) felicitated Samudika Jayaratna, the 42ndAuditor General of the Democratic Socialist Republic of Sri Lanka, at a special ceremony held at the

JAT Holdings records highest-ever revenue in FY25/26

JAT Holdings PLC recorded its highest-ever annual revenue in FY25/26, with performance reflecting the continued strength of its core coatings business, disciplined manufacturing strategy, and investments in

DFCC Bank appoints Shamindra Marcelline as Executive Director

DFCC Bank PLC has announced the appointment of Shamindra Marcelline as an Executive Director of the Bank with effect from 15 June 2026, following approval by the Board of Directors and the Central Bank of

Galadari announces transfer of Radisson Hotel agreements to Belgian affiliate

Galadari Hotels (Lanka) PLC yesterday disclosed to the Colombo Stock Exchange (CSE) that Radisson Hotel Asia Pacific Investments Pte. Ltd. has assigned its rights and obligations under two management-

Prime Melwa: With rise of Asia’s most distinct marina-front land plot

In global real estate, truly irreplaceable assets are rarely created twice. Their value is shaped by a rare combination of location, scarcity, architecture and long-term relevance. Prime Melwa have secured one of

Salesforce targets Sri Lanka’s digital ecosystem as agentic AI transition accelerates

When the tech leaders gathered at the Jio World Convention Centre for the Salesforce Agentforce World Tour Mumbai on May 19, 2026, the rapid shift from static software to autonomous innovation dominated the floor.

Pan Asia Bank wins Gold at Qorus Reinvention Awards APAC 2026

Pan Asia Bank has brought home a major international win, securing the Gold award at Qorus Reinvention Awards APAC 2026, ahead of some of the region’s most established banking institutions, including leading

HayWind receives first 25 MW of turbines for Mannar wind farm

HayWind One Limited, the wind energy arm of Hayleys Fentons Limited, has achieved a major milestone in the development of its 50 MW wind farm project in Mannar, with the first 25 MW, out of the total 50 MW,

Siyapatha Finance opens Boralesgamuwa branch

Premier finance company Siyapatha Finance PLC opened the doors of its latest fully-fledged branch in Boralesgamuwa, successfully expanding the company’s islandwide network to 63 branches.

CSE to host workshop on new mandatory IFRS Sustainability Disclosure Standards

The Colombo Stock Exchange (CSE) will be hosting a free online workshop on the implementation of the International Financial Reporting Standards (IFRS) Sustainability Disclosure Standards, on Tuesday, June

Indices continue to close in red

Indices closed in red as a result of price losses in counters such as Dialog Axiata, Commercial Bank and Melstacorp with the turnover crossing Rs. 2.7bn. High net worth and institutional investor participation was

Lingering uncertainty weighs down on market sentiment

The secondary market yesterday remained shrouded in uncertainty as investors awaited further clarity on prevailing global headwinds and their spillover effects on the Sri Lankan economy.

CSE extends losses as geopolitical risks and tariff concerns weigh on sentiment

The Colombo Stock Exchange (CSE) extended its downward trajectory on Thursday, with both benchmark indices recording sharp losses as investor sentiment remained under pressure from escalating tensions in the Middle East and growing concerns over the United States’ proposed tariff measures on foreign exporters.

Sri Lanka caught in widening USA supply chain crackdown

Sri Lanka’s export sector could face a new challenge in the United States market after Washington proposed additional tariffs on imports from countries it says have failed to adequately prevent the entry of goods produced through forced labour.

Treasury receives US $ 695mn under IMF bailout programme

Sri Lanka received US $ 695 million from the International Monetary Fund (IMF), following the completion of the fifth and sixth reviews of its Extended Fund Facility (EFF), the Finance Ministry confirmed yesterday.

Eswaran Brothers empowers women through transformative leadership journey

Eswaran Brothers Exports (EB), a leading tea manufacturer in Sri Lanka, launched its flagship women’s leadership initiative, She Transforms, a customized six-month leadership development journey.

AI and Data Analytics Summit 2026 drives nation’s digital future

The AI and Data Analytics Summit 2026 organised by the Sri Lanka Section of BCS, the Chartered Institute for IT was successfully held on 22 May at Waters Edge, Colombo. The high-impact summit themed “Next Generation AI & Data Analytics: Skills & Thoughts for the Intelligent Future” brought together senior policymakers, global technology experts, industry leaders, academics, and innovators to explore how Artificial Intelligence (AI) and Data Analy

Sysco wins Newsweek’s 2026 AI Impact Award for AI Brand & Retail Excellence

Sysco Corporation, the global leader in food distribution, has been awarded a 2026 Newsweek AI Impact Award for an innovative enterprise-wide AI application that enhances supply chain processes, drives sales productivity and elevates the customer e-commerce experience.