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99x, a global leader in product engineering, has once again strengthened its position as one of Sri Lanka’s leading technology exporters by securing the Gold award in the Extra-Large Category, under the ICT, BPO and Related Services Sector, at the 33rd National Chamber of Exporters (NCE) Awards.
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The Toyota Sure concept, which was officially introduced by Toyota Lanka in 2019 and was launched in the Wattala branch, has been expanded with its second new showroom in Ratmalana, bringing certified Japan Domestic Toyota vehicles through a carefully selected, inspected and fully certified mobility experience.
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As part of the Union Bank School of Social Entrepreneurship initiative, Union Bank partnered with the University of Moratuwa and National Innovation Agency to upskill and empower SMEs, under the National Entrepreneurship Development Programme (NEDP).
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SriLankan Cargo, the air freight arm of SriLankan Airlines, has secured another regional first by becoming the first airline in South Asia to be awarded the Centre of Excellence for Independent Validators (CEIV) for Live Animals Logistics Certification from the International Air Transport Association (IATA).
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Tantri Trailers (Pvt.) Ltd, one of Sri Lanka’s leading industrial manufacturing companies, has entered into a strategic memorandum of understanding (MoU) with the Mercy Education Campus, Puttalam, to strengthen industry-aligned technical education and enhance youth employability across the country.
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Lanka Bio Fertilizers (Pvt.) Ltd (LBF), one of Sri Lanka’s leading manufacturers and distributors of next-generation fertilisers, recently formalised the extension of its strategic partnership with the Market Development Facility (MDF), at an agreement signing ceremony attended by the senior representatives of both organisations.
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First Capital Holdings PLC has announced February as its Month of Sustainability and Wellbeing, reaffirming the group’s commitment to responsible growth by placing equal emphasis on environmental stewardship, social responsibility and employee well-being.
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The Ceylon Electricity Board (CEB) yesterday awarded contracts to Vidullanka PLC and WindForce PLC to develop standalone battery energy storage system (BESS) projects, marking a significant step in Sri Lanka’s first-ever grid-scale BESS initiative.
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The economic activities across both manufacturing and services activities have continued to expand through January 2026, according to the Purchasing Managers’ Index (PMI), reflecting that the broader Sri Lankan economy is humming along on the back of lower interest rates and positive sentiments.
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Prime Lands Residencies PLC (PLR) delivered a standout third-quarter performance for the period ended December 31, 2025, posting a sharp earnings growth as construction progress accelerated in key projects and margins improved, keeping the investor expectations firmly intact.
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The International Finance Corporation (IFC), part of the World Bank Group, has committed US $ 28.6 million to Sri Lanka’s CBL Group, as part of a wider US $ 40 million financing package, to support the food manufacturer’s overseas expansion across Asia and Africa.
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The Committee on Public Finance (COPF) has approved the proposed Microfinance and Credit Regulatory Authority Bill, paving the way for tighter oversight of the country’s microfinance and money lending sector, including the online lending activities.
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Indices closed in green as a result of price gains in counters such as Hatton National Bank, Sampath Bank and Commercial Bank with the turnover crossing Rs. 5.6 Bn. High net worth and institutional investor participation was noted in Seylan Bank nonvoting, Dialog Axiata and Royal Ceramics. Mixed interest was observed in Colombo Dockyard, HVA Foods and Sampath Bank whilst retail interest was noted in SMB Leasing, Co- Operative Insurance Company an
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Cinnamon Life at City of Dreams has announced the appointment of Kamal Munasinghe as General Manager, effective 15 February 2026. Munasinghe will continue in his role as Senior Vice President – Colombo Hotels at Cinnamon Hotels & Resorts.
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Seylan Bank PLC has further strengthened its Board of Directors with the appointment of two professionals, W.D. Batagoda as a Non-Executive Director with effect from 26 December 2025, and Ramani Samarasundera as an Independent Non-Executive Director with effect from 26 January 2026.
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Ayurvedic healthcare brand Siddhalepa has been awarded Superbrands Sri Lanka status, reaffirming its long-standing position as one of the nation’s most respected heritage brands with deep roots in Ayurveda. The recognition celebrates Siddhalepa’s enduring commitment to authenticity, holistic wellbeing, and consistent brand excellence spanning over nine decades.
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Sri Lanka’s franchise sector attracted significant international attention at the recently held Sri Lanka Franchise Expo 2026, where over a dozen global brands explored expansion opportunities in what industry observers describe as South Asia’s most strategically positioned franchise market.
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Sri Lanka’s tourism industry has maintained its upward trajectory in 2026, surpassing the 400,000 cumulative arrival mark within the first two weeks of February, driven by a consistent influx of visitors from traditional source markets.
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CT Holdings PLC and its subsidiary Cargills (Ceylon) PLC have collectively divested a stake exceeding 10 percent in Cargills Bank PLC, a strategic move executed to comply with shareholding guidelines mandated by the Central Bank of Sri Lanka.