T-bill auction yields decline across board

Ahead of today’s T-bond auction, the secondary market witnessed slight buying interest amid limited activity and thin trading volumes.

Lihini Sea Foods secures Gold at NCE Export Awards

Lihini Sea Foods (Pvt) Ltd has won the Gold Award in the Extra Large Category – Fisheries & Fishery Products Sector at the 33rd NCE Export Awards 2025, organized by the National Chamber of Exporters of Sri Lanka. The accolade recognizes the company’s outstanding contribution to Sri Lanka’s export sector and its sustained excellence in global seafood markets.

SLIM Effie Awards 2025 Grand Finale on March 3

Sri Lanka’s marketing and advertising fraternity will gather for an evening of prestige, recognition, and global distinction as the SLIM Effie Awards 2025 takes centre stage on 3rd March 2026 at Monarch Imperial, Thalawathugoda, from 5.30 p.m. onwards.

Amana Takaful Life Gold Investment Fund records 32.4% growth

Amana Takaful Life PLC has delivered an exceptional performance across its unit-linked fund portfolio in 2025, generating strong returns for policyholders through disciplined, strategic, and well-structured fund management. According to the fund performance review as at 31st December 2025, Amana Takaful Life’s flagship Gold Investment Fund (GIF) recorded an impressive annual return of 32.4 percent, reaffirming gold’s position as one of the most s

Top universities selected for CFA Institute Research Challenge 2025/26 Local Finals

CFA Society Sri Lanka has announced the top four teams that have qualified for the local finals of the 2025/26 CFA Institute Research Challenge, marking another milestone year for this prestigious global competition.

‘CEO of the Year 2025’ to honour Sri Lanka’s Outstanding Corporate Leaders

The highly anticipated CEO of the Year 2025 Awards Ceremony will be held today (February 26), from 6:00 p.m. onwards, at the Cinnamon Grand Colombo.

KPMG to hold webinar on ‘The New Inland Revenue Bill’

Webinar titled “The New Inland Revenue Bill – To Amend the Principal Inland Revenue Act,” organized by the KPMG Sri Lanka will be held tomorrow (February 27) at 2.45 p.m.

Refurbished Club HNB unveiled to enhance private banking service excellence

HNB PLC has announced the reopening of its refurbished Club HNB Center on February 20, further strengthening its highest-tier Private Banking proposition.

East Link Engineering launches Experience Center

East Link Engineering Co. (Pvt) Ltd began operations in Sri Lanka on 15 September 1999 with the vision of becoming “Your One-Stop LAN Product Supplier.” From its early beginnings, the company steadily expanded its capabilities and today stands as one of Sri Lanka’s leading IT product supplier.

JXG reimagines finance with diversified strengths and visionary expansion plans

JXG (Janashakthi Group) is shaping the future of the financial industry in Sri Lanka with the vision of “Breaking Barriers, Forging Futures.”

Sun Siyam promotes Deepak Booneady as Group CEO

Sun Siyam Group, one of the Indian Ocean’s leading privately owned hospitality groups, recently announced the promotion of Deepak Booneady as Group Chief Executive Officer.This appointment marks a defining moment in the continued evolution of Sun Siyam Group, reinforcing its commitment to long term growth, brand elevation, and purpose driven leadership across its diversified portfolio of businesses.

Exports rebound sharply in January

The local export sector kicked off 2026 on a firmer footing with January earnings rising 13.7 percent year-on-year (YoY) to US$ 1.53 billion, offering an early boost to foreign exchange inflows and growth expectations.

Overseas Realty records Rs. 9.2bn PBT for Year 2025

Overseas Realty (Ceylon) PLC released the 4th quarter Unaudited Financial Statements for the Year ending 31st December 2025 delivering strong financial performance recording Group Revenue of Rs. 11,944 million, reflecting a 49 percent increase over the previous year and Group Profit Before Tax of Rs 9,266 million.

Prime-Melwa acquire US$ 57.6mn marina-front land at Port City Colombo

Sri Lanka’s Prime Group and Melwa conglomerate have acquired over four acres of premium marina-front land at Port City Colombo for US$ 57.6 million, marking one of the largest recent local investments in the dollar-denominated Special Economic Zone.

Eravur Fabric Park left with just one operational investor

​Sri Lanka’s apparel sector is sounding the alarm over the country’s continued failure to attract and retain vital foreign direct investment, a crisis that is now visibly threatening the viability of key strategic projects like the Eravur Textile Manufacturing Zone.

Sri Lanka will have to address US$ 400mn resources mgt. gap in 2026: COPF

Sri Lanka will have to find ways and means to address the US$ 400 million resources management gap in 2026, it was revealed by the Committee on Public Finance (COPF), Parliament sources said yesterday.

Indices close on a negative note

The ASPI closed in red as a result of price losses in counters such as John Keells Holdings, Melstacorp and Nations Trust Bank with the turnover crossing Rs. 3.6 bn.

Market sentiment turns mixed; yield curve holds firm

Investor sentiment appeared mixed yesterday while overall activity showed a mild improvement compared to Monday’s palpable lethargy.

Batik Air to resume flights to Colombo in March

In a boost to Sri Lanka’s aviation and tourism sectors, Malaysia-based Batik Air is set to officially resume its Kuala Lumpur-Colombo flight operations starting March 30.

HNB-CarMart expand Peugeot and LEAP vehicle leasing options

HNB PLC has entered into a strategic partnership with CarMart Private Limited to promote Peugeot and LEAP brand vehicles in Sri Lanka.

ComBank-David Pieris Automobiles offer leasing packages for GWM and BAIC vehicles

Commercial Bank of Ceylon has entered into a strategic partnership with David Pieris Automobiles (Pvt.) Ltd to promote the GWM and BAIC range of vehicles marketed by the latter, via a specially structured leasing proposition for customers.

LB Finance adopts Snowflake to transform into an AI-powered financial institution

Snowflake, the AI data cloud company, announced that LB Finance PLC, one of Sri Lanka’s A- (lka) Fitch-rated non-bank financial institutions, has adopted Snowflake as the data foundation to accelerate its digital transformation journey.

Capital Alliance lists Three-Year Closed End Fund on CSE

The units of the CAL Three-Year Closed End Fund were officially listed on the Colombo Stock Exchange (CSE) recently.

Home Lands breaks ground on Fedora Resort Apartments

Market leader Home Lands has officially commenced development of Fedora Resort Apartments in Athurugiriya, following a ceremonial groundbreaking and foundation stone laying.

AHRP’s Elevate U strengthens SL’s HR talent pipeline

The Association of HR Professionals Sri Lanka (AHRP) continues to invest in the future of the HR profession through Elevate U, its flagship capability-building platform designed to accelerate the growth of early-career HR professionals through high-impact speed mentoring sessions with senior industry leaders.

AIA Insurance Lanka charts new era for bancassurance

AIA Insurance Lanka recently hosted ‘Vision X: The Next 10 Years of Partnership Distribution’, a spectacular celebration at Shangri-La Colombo.

SALAM RAMADAN 2026 to kick off on February 27

Salam Ramadan, the grandest event in the Sri Lankan Muslim Calendar, is set to take off in a big way this year from February 27 to March 01.

Cinnamon Hotels-Walkers Tours-National Olympic Committee to strengthen SL’s sports tourism

Cinnamon Hotel & Resorts and Walkers Tours have entered into a memorandum of understanding (MoU) with the National Olympic Committee of Sri Lanka (NOC SL), bringing two of the country’s established travel brands into closer alignment with the national sporting body.

Amcham Sri Lanka CEO Forum 2026 today

HNB PLC announced its role as Title Partner of Amcham Sri Lanka CEO Forum 2026, marking a significant private sector commitment to Sri Lanka’s recovery and long-term economic resilience.

January national prices soften to 2.4% on lower food prices

The national consumer prices softened in January from December 2025, as both the food prices and non-food prices eased after rising at the final month of last year. This was due to the flood-related crop losses and the festive season demand.