Diamond Engineers wins Platinum Award

Diamond Engineers (Pvt) Ltd was recently honoured with a Platinum Award in recognition of its contribution to Sri Lanka’s industrial engineering and coconut processing machinery manufacturing sector.

Piling work of Home Lands’ flagship Pentara project finishes

Construction of Pentara Residencies Thummulla Handiya, Home Lands Group’s iconic flagship development in the Colombo city, is well on track driven by Home Lands’ unwavering commitment to delivering projects on time. D P Jayasinghe Piling Company (Pvt) Ltd and Sanken Construction’s San Piling (Pvt) Ltd; were chosen by Home Lands to carry out piling work of this mega Colombo city-based development in conformity with the highest standards. High qual

EU biz roundtable highlights Sri Lanka’s role as a regional maritime and logistics hub

The Delegation of the European Union to Sri Lanka, together with the Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka), hosted the EU–Sri Lanka Business Roundtable under the theme “Global Gateway and Sri Lanka’s Role as a Regional Maritime & Logistics Hub” on 27 May at the Hilton Colombo Residences.

Sunshine Holdings delivers 11.2% topline growth in FY26

Diversified Sri Lankan conglomerate Sunshine Holdings PLC recorded consolidated revenue of Rs. 65.9 billion for the year ended 31 March 2026 (FY26), reflecting an 11.2 percent year-on-year (YoY) increase.

Laugfs leaders recognised at 45 Under 45 CEO Forum Awards

Laugfs Holdings continues to strengthen its reputation as a future-focused and dynamic conglomerate by empowering visionary leadership and nurturing young talent capable of driving transformational growth across industries.

LOLC Finance reinforces market leadership with strong growth, earnings quality and capital resilience

LOLC Finance PLC, the flagship finance company of the LOLC Group delivered a strong financial performance for the year ended 31 March 2026, supported by robust lending growth, stronger recurring income, improved asset quality and a capital position that remained comfortably above regulatory requirements.

Pink Eagle consolidates leadership in diversified services and global expansion

Pink Eagle Holdings (Pvt) Ltd, a modern investment holding company, has stepped into the spotlight. Established in recent years and rooted in Sri Lankan heritage, the organisation has rapidly grown from a single founding idea and evolved into a diversified ecosystem including tea exports, logistics, warehousing, food production, and hospitality.

Urgent reforms vital to secure new GSP Plus scheme - EU Ambassador

With the European Union transitioning to a new regulatory framework, urgent calls for structural reforms are echoing across Sri Lanka to secure a successful transition to the newly revised generalised scheme of preferences (GSP) Plus facility - a lifeline critical for the survival and growth of the island’s export sector.

External pressures push current account into deficit amid Middle East conflict

Sri Lanka’s external sector faced severe renewed pressures in April 2026, with the current account slipping into a deficit of US$ 532 million, largely driven by the escalating conflict in the Middle East.

Construction sector shrinks in April as rising raw material costs threaten project timelines

The construction sector in Sri Lanka experienced a sharp contraction in April 2026, with the Purchasing Managers’ Index (PMI) for Construction, measured by the Total Activity Index, plunging to 45.7 from the 57.1 recorded in March.

Amor Developers receives top honour at German-Sri Lanka Startup Awards 2026

Amor Developers secured the top spot at the German-Sri Lanka Startup Awards 2026, held as part of the Sri Lankan-German Business Forum 2026.

LOLC Group delivers strong operating growth as diversified platform gains further scale

LOLC Holdings PLC reported its financial results for the fiscal year ended March 31, 2026, indicating an expansion in core operating profitability and a scaling of its diversified business model.

Inflation hits 13-month high as supply shocks disrupt price stability

The consumer inflation measured by Colombo Consumer Price Index (CCPI) continued its upward trajectory in May 2026, reaching a 13-month high and remaining above Central Bank’s medium-term target.

FTZMA meets BOI Chairman and DG

The Free Trade Zone Manufacturers Association (FTZMA) Executive Committee members, led by Chairman Dhammika Fernando, met Board of Investment (BOI) Chairman Dr. Sulakshana Jayawardena and Director General Renuka Weerakoon, to discuss several urgent matters affecting the BOI enterprises and export-oriented manufacturers.

eMarketingEye launches Sri Lanka’s first AI visibility study for hotels

eMarketingEye, a leading hospitality digital marketing agency, has launched Sri Lanka’s first AI visibility study for hotels, offering groundbreaking insights into how the hotels in Sri Lanka appear across leading AI platforms (LLMs) such as ChatGPT, Gemini and Perplexity.

Asia debt policymakers meet in Colombo as climate risks deepen fiscal pressures

Senior public debt officials, central bankers and multilateral institutions from across Asia and the Pacific convened in Colombo last week to examine how the rising climate risks, elevated debt burdens and global economic uncertainty are reshaping the fiscal management priorities across the emerging economies.

ComBank pioneers state-of-the-art 3DS authentication for UnionPay cardholders

Commercial Bank of Ceylon has further strengthened the security and convenience of online payments for its UnionPay cardholders by becoming the pioneering financial institution in Sri Lanka and the wider South Asian region to introduce advanced 3-D Secure (3DS 2.x) authentication for UnionPay e-commerce transactions.

First Capital records Rs. 2.10bn PAT and core earnings of Rs. 6.59bn

First Capital Holdings PLC, a subsidiary of JXG (Janashakthi Group) delivered a steady performance during FY2025/26, recording a Profit after Tax of Rs. 2.10 billion for the year ended 31 March 2026.

‘SmartChat Mega - Kandy’ accelerates SME digital transformation

Showcasing an expansive range of tailored digital and AI-driven business solutions, SLT-Mobitel Enterprise successfully hosted SmartChat Mega – Kandy at Oak Ray Regency recently.

Seylan Bank partners with Hayleys Fentons to power EV ownership with leasing solutions

Seylan Bank PLC has entered a strategic partnership with Hayleys Fentons Limited to introduce a dedicated leasing facility for customers purchasing electric vehicles (EVs), reinforcing the Bank’s commitment to promoting sustainable transport and green mobility solutions in Sri Lanka.

United Motors Lanka achieves highest-ever profit of Rs. 3.6bn for FY2025/26

United Motors Lanka PLC announced a strong financial performance for the year ended 31 March 2026, recording a sharp recovery in profitability and revenue across both Group and Company levels after the lifting of the import ban.

Ceylon Chamber welcomes IMF review approval

The Ceylon Chamber of Commerce welcomes and commends the government of Sri Lanka on the successful completion and approval of the fifth and sixth reviews under the International Monetary Fund (IMF) Extended Fund Facility programme.

365 Future Energy explores sustainable energy investment opportunities in Sri Lanka

365 Future Energy, an Australia-based sustainable energy solutions company, announced the visit of its CEO Isuru Yapa, together with internationally recognised energy technology entrepreneur Ludovico Finotto, to Sri Lanka today.

SLT‑mobitel among Sri Lanka’s top employers for 2026

In recognition of the efforts championing talent development, nurturing innovation and building a high‑performance culture, SLT‑Mobitel was ranked among Sri Lanka’s Top 20 Employers for 2026, as announced by AICPA & CIMA.

Swadeshi Khomba Baby Soap receives SLS certification

SLS certification is important because it assures mothers that Khomba Baby Soap has been certified as safe and gentle on a baby’s skin.

Sri Lanka Insurance Corporation General introduces SLICGL Digital app

Sri Lanka Insurance Corporation General Limited (SLICGL) launched the SLICGL Digital app recently.

Sampath Bank-JKCG Auto offer preferential rates for NEV buyers  

Sampath Bank PLC recently entered into a memorandum of understanding (MoU) with John Keells CG Auto (Private) Limited (JKCG Auto) to introduce preferential financial solutions for customers seeking to purchase new energy vehicle (NEV), supporting the growing shift towards sustainable mobility in Sri Lanka.

US hospital chain tests Sinque Numberless Patient Monitoring Solution

Sinque, a patient monitoring system that focuses on numberless behavioural analytics, to deliver obesity care that is emotionally safe, especially for GLP-1 weight loss programs, built and implemented by Sri Lankan technology outsourcing company EFutures, together with leadership from the application’s founders in the Netherlands, is now being tested by a leading hospital chain across the United States.

ADRA Ceylon redefines Sri Lanka’s tea export narrative

ADRA Ceylon, an entity within the Pink Eagle Group, marks its 10th anniversary, celebrating a decade of remarkable transformation from a local venture into a globally recognized leader in premium Ceylon tea export. Since its inception, the company has successfully delivered exquisite teas to over 37 countries, firmly establishing its position among Sri Lanka’s tea exporters. This significant milestone reflects the strategic vision and unwavering

Lanka Lions Foundation continues to uplift Lankan entrepreneurs

The Lanka Lions Foundation (LLF), the charitable arm dedicated to humanitarian and community upliftment under Lions in Sri Lanka, continues to make a significant impact on grassroots entrepreneurship through its long-standing micro loan programme aimed at supporting economically active low-income individuals who are unable to access traditional banking facilities