SriLankan Airlines partners with Flynas to boost Saudi connectivity

SriLankan Airlines has entered into a partnership with Saudi Arabia’s Flynas to enhance air connectivity between the two countries, with the aim of offering the passengers more convenient travel options across key routes. The alliance is aimed at improving access for tourists, business travellers and pilgrims by enabling smoother connections between international and domestic flights.

Higher rental rates, occupancy levels lift Overseas Realty March performance

​Overseas Realty (Ceylon) PLC, the iconic World Trade Centre landlord, reported robust top and bottom-line performances for the quarter ended in March 2026.

Sri Lanka-Maldives sign 7 MoUs to boost cooperation

Sri Lanka and the Maldives yesterday signed seven memoranda of understanding (MoUs), covering a range of key sectors, following the official state ceremony to welcome Maldivian President Dr. Mohamed Muizzu.

Sri Lanka’s rice production poised for recovery amid lingering climate and global supply hurdles - USDA

Sri Lanka’s rice industry is charting a path to recovery. For the upcoming 2026/2027 marketing year (October–September), milled rice production is forecast to reach 3.45 million metric tons, representing a solid rebound from the revised estimate of 3.25 million metric tons recorded during the 2025/2026 period, according to According to latest report published by the United States Department of Agriculture (USDA) Foreign Agricultural Service.

Fraud-hit NDB boosts March earnings by spreading losses

​Fraud-hit National Development Bank PLC reported its financial performance for the three months ended in March 2026, adjusting for the share of the fraud recognised in the preceding quarter as well as the corresponding period last year.

External sector holds surplus in March

​Sri Lanka’s external sector is holding its ground for now, but the cracks are widening beneath the surface, as surging fuel imports and a sharp reversal in tourism begin to erode the country’s external buffers.

March construction activities held up amid Iran war shock

​Construction activities in March continued to expand, although at a slower pace, due to the increasing cost of fuel and other raw materials as tensions in the Middle East impacted a sector that was hitherto rising at a record pace.

NTB completes transfer of HSBC Sri Lanka’s retail banking business

Nations Trust Bank PLC (NTB) has officially completed the transfer of Hongkong and Shanghai Banking Corporation’s (HSBC) retail banking business in Sri Lanka to its portfolio.

19 branches opened over weekend to support customer transition

Selected Nations Trust Bank branches will remain open next weekend to assist customers transitioning from HSBC Sri Lanka, following the completion of the transfer of the latter’s retail banking portfolio.

Sampath Bank leads Sri Lanka’s lending transformation through AI-enabled credit intelligence

Sampath Bank PLC continues to transform Sri Lanka’s banking landscape through the introduction of a fully-integrated, AI-driven lending ecosystem, reinforcing its leadership in intelligent, data-led financial solutions.

GWD appoints Asela Jayaweera as Sri Lanka Ambassador for first time

Global Wellness Day (GWD), the internationally recognised not-for-profit wellness movement, announced the appointment of Cape Weligama – Resplendent Ceylon General Manager Asela Jayaweera as Ambassador for Sri Lanka for the first time.

DFCC Bank with AlfaNow strengthens Middle East remittance corridor

DFCC Bank has entered into a partnership with AlfaNow in Dubai, expanding its remittance network across the Middle East and improving how Sri Lankans overseas send money home.

HNB-Access Solar provide solar loan solutions

HNB PLC and Access Solar (Pvt.) Ltd have entered into a strategic partnership through a memorandum of understanding (MoU) aimed at expanding the availability of solar energy solutions across Sri Lanka.

Lanka Hospitals delivers record-breaking performance in 2025

Lanka Hospitals Corporation PLC has concluded 2025 by demonstrating that world-class clinical care and deeply earned patient trust are the true catalysts for robust corporate growth.

Emerald Clothing acquires selected Hela Factories

Emerald Clothing (Pvt.) Ltd has stepped in to secure the continuity of key operations previously run by Hela Clothing (Private) Limited, in a move aimed at stabilising exports and safeguarding employment.

Pan Asia Bank-Business and Biodiversity Platform launch ‘Life to Our Beaches’ initiative

Pan Asia Bank partnered with the Sri Lanka Business and Biodiversity Platform to launch the ‘Life to Our Beaches – Beach Caretaker Initiative’, reaffirming its commitment to environmental conservation and sustainable community development.

Research Intelligence Unit forum Sri Lanka’s real estate leaders to chart 10-year vision

The Research Intelligence Unit (RIUNIT) is hosting ‘Driving Growth Through Real Estate: 10- Year Plan’, a high-level forum, bringing together some of the country’s most influential voices in property, investment, policy and urban development.

Singer introduces new Apple MacBook Neo series

Singer Sri Lanka PLC announced the launch of the new Apple MacBook Neo series, bringing Apple’s latest laptop experience to the customers across Sri Lanka, with a strong focus on performance, design and everyday versatility.

HNB Life hosts 1st sales convention under new brand

HNB Life recently hosted its first sales convention at ITC Ratnadipa, following the launch of its new brand identity, bringing together its advisor distribution force to celebrate a year of exceptional performance and continued momentum.

ComBank unveils islandwide drive to boost LankaPay JCB debit card adoption

Commercial Bank of Ceylon has announced a nationwide campaign to accelerate the adoption of LankaPay JCB debit cards, offering the customers across Sri Lanka another compelling opportunity to step into a more secure, convenient and rewarding cashless lifestyle.

Sun Siyam Pasikudah GM elected as ECHA President

On April 10, 2026, hoteliers along Sri Lanka’s Eastern coast gathered at Sun Siyam Pasikudah to confirm a new chapter for the Eastern Coast Hotel Association (ECHA), appointing Sun Siyam Pasikudah General Manager Arshed Refai as its new President.

Menzell Doehle Group expands footprint with strategic stake in Westport Marine

Hamburg-based Menzell Doehle Group has announced the acquisition of a 40 percent stake in Colombo’s Westport Marine Private Ltd, marking a significant development in Sri Lanka’s port agency sector.

SLICGL delivers strong financial performance in 2025

Sri Lanka Insurance Corporation General Limited (SLICGL) delivered a remarkable performance in 2025, reinforcing its position as Sri Lanka’s leading general insurer, with outstanding results across key financial metrics.

Colombo consumer prices jump above CB’s 5% target as higher fuel prices reverberates through economy

The consumer inflation measured by the Colombo Consumer Price Index (CCPI) jumped in April as the higher fuel prices caused by the war in Iran fed quickly through the rest of the economy sending the prices

War risk premiums surge up to 50% amid ME tensions, hitting Sri Lanka trade

War risk insurance premiums for vessels operating in the Red Sea and the Persian Gulf have surged by up to 50 percent with extreme cases reaching as high as three percent of vessel value per voyage due to

ADB slashes Asia growth outlook as Middle East conflict fuels inflation risks

The Asian Development Bank (ADB) has sharply downgraded its growth outlook for developing Asia and the Pacific while raising inflation forecasts, warning that prolonged disruptions from the escalating Middle

Planters seek coordinated response to stabilise tea production and key export markets

The Planters’ Association of Ceylon (PA), the apex body of Sri Lanka’s Plantation industry, has called for an urgent review and streamlining of the industry’s cost structures in light of the unprecedented crisis in

Limited activity anchors yield curve

The secondary market witnessed subdued trading activity yesterday, with the overall yield curve remaining largely unchanged.

Cartoon of the Day 01-05-2026

447 Luna Tower: A testament to design integrity

Belluna Lanka, the South Asian anchor of Belluna Co. Ltd, Japan, reinforces its residencies portfolio through 447 Luna Tower, a completed residential development in Colombo 02, with a limited release of