JPMorgan validates Sri Lankan tech talent with WealthOS acquisition

JPMorgan Chase has acquired WealthOS, founded in 2019 by Sri Lankan entrepreneurs Anton Padmasiri and Chamat Arambewela.

First Capital predicts ‘snail pace’ growth for 2026

Sri Lanka is poised to navigate a period of moderate economic expansion in the coming year, a trajectory described as “snail pace slow” by First Capital Holdings PLC, with Gross Domestic Product (GDP) growth projected to hover between 3 and 4 percent for 2026.

SLYCAN Trust hosts high-level forum on loss and damage finance in post-Ditwah Sri Lanka

SLYCAN Trust convened a high-level forum on climate finance and climate-related extreme events in Sri Lanka on January 20, 2026, in Colombo, as part of its broader work on climate and disaster risk finance, loss and damage and multi-actor partnerships, bringing together government representatives, international climate finance institutions, UNFCCC-linked mechanisms, development partners and technical experts.

Yaden Laboratories expands manufacturing footprint

Yaden Laboratories (Pvt.) Ltd, a 100 percent Sri Lankan-owned company and the nation’s leading pharmaceutical manufacturer, has officially announced a major expansion of its manufacturing footprint by initiating a new state-of-the-art project.

LK Domain Registry marks 35 years of digital innovation in Sri Lanka

Sixty-two percent of Lankans choose .LK to host their website and business services, reinforcing the position of the LK Domain Registry as the preferred choice for businesses and individuals across the country, according to the Registry.

David Pieris E-Mobility launches Chetak scooter

David Pieris E-Mobility (Private) Limited, the electric vehicle arm of David Pieris Group of Companies, announced the launch of Chetak, marking the return of one of Sri Lanka’s most iconic scooter brands—now reimagined for the electric era.

SLASSCOM propels 25 Sri Lankan start-ups onto global stage

The Sri Lanka Association for Software and Services Companies (SLASSCOM) is accelerating Sri Lanka’s start-up ecosystem by giving 25 high-potential local start-ups unprecedented global exposure through a fully funded, six-week international residential entrepreneurship programme at IIT Madras Pravartak, India.

Lion Brewery wins 2 FMCG Asia Awards

Lion Brewery (Ceylon) PLC strengthened its regional standing with two honours at FMCG Asia Awards 2025, winning New Brand Launch of the Year (Sri Lanka) for True Born and Seasonal Campaign of the Year (Sri Lanka) for Carlsberg’s Display Drive and Merchandising initiative.

Felix Fernando elected as JAAF Chairman

The Joint Apparel Association Forum (JAAF) has elected Felix A. Fernando as its new Chairman at the JAAF’s 22nd Annual General Meeting, marking the start of a new leadership term for Sri Lanka’s apparel industry at a pivotal stage of its development.

Ceylinco Life first to open eco-friendly branch on company land in Ambalantota

Life insurance market leader Ceylinco Life has strengthened its footprint in Sri Lanka’s deep south with the opening of a new purpose-built, eco-friendly branch in Ambalantota, becoming the first life insurer in the area to operate from its own company-owned building.

ComBank advances ForwardTogether agenda with sustainable business transformation event

Anchored in its long-term commitment to create a sustainable future for Sri Lanka and beyond, Commercial Bank of Ceylon has advanced its ForwardTogether sustainability journey by hosting ForwardTogether 2026: Partnering for a Sustainable Corporate Future, a focused engagement designed to translate sustainability dialogue into practical action with customers.

Tea Industry Overview for the period January - December 2025

The Sri Lankan tea industry experienced an increase in Production, Exports whilst recorded a decrease in National Average for the period January to December 2025 compared to the corresponding period in 2024.

Sri Lanka tightens organic agriculture rules with revised national standard

Sri Lanka has strengthened its regulatory framework for organic agriculture with the revision of its national standard, a move aimed at curbing misleading organic claims, improving traceability and aligning local production with international market requirements, the Export Development Board (EDB) said.

Colombo ranked as world’s most unaffordable city for homebuyers in 2026

Colombo has been identified as the most difficult city globally for local income earners to purchase property in 2026, revealing a severe decoupling between asset prices and domestic wages.

AASL denies link between asset gap and BIA Terminal 2; clarifies audit queries

Airport and Aviation Services (Sri Lanka) (Private) Limited (AASL) has categorically rejected any connection between the audit qualifications cited in its 2024 annual report and the ongoing BIA Terminal 2 project (BIADP Phase II).

Higher tea offerings meet fair demand at weekly auction

The auction offering totalled 6.4 million kilogrammes (M/Kgs), up from a 6.0 M/Kgs on offer the previous week.

Sri Lanka showcases excellence at Grüne Woche 2026 in Berlin

The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) successfully organised the Sri Lankan National Pavilion at Grüne Woche, the world’s largest B2C trade fair for food, beverages and agriculture, currently taking place in Berlin, Germany.

ASPI gains 0.9% during the week

The ASPI closed in green as a result of price gains in counters such as LOLC Holdings, Colombo Dockyard and Commercial Bank with the turnover crossing Rs. 10.5 Bn.

Buying interest supports secondary market as mid to long-term yields ease

The secondary market recorded moderate trading volumes, with buying interest evident, while yields across the mid to long-term tenures edged slightly lower.

‘Salam Ramadan’ returns as a citywide celebration of SL’s Muslim heritage

Salam Ramadan 2026’, Sri Lanka’s foremost Muslim Food and Cultural festival will be held at Green Path on 27th and 28th February, and 1st March 2026, from 5.00 p.m. to midnight.

IChemc captivates future scientists at EDEX Expo 2026

The IChemC stall at the EDEX Expo 2026, held from January 16 to 18 at the Bandaranaike Memorial International Conference Hall (BMICH), attracted significant attention from students and parents who were eager to explore opportunities in the field of chemical sciences.

CINEC celebrates 1,800 graduates and announces Open Day

CINEC Campus Sri Lanka recently hosted its 2025 Graduation Ceremony at BMICH, recognising over 1,800 graduates from across its academic departments.

Melwa donates school supplies to children affected by recent environmental disasters

Steel manufacturer Melwa has extended its support to school children affected by the recent cyclone, distributing essential stationery and school equipment.

TSV launches ‘Counselify.ai’ CV analyzing website

Counselify.ai, a one of a kind cost free digital tool analyzing CVs through a website providing best options for migrating students for further education, was recently launched by The Students Visa (TSV), a visa consultancy service in Colombo.

People’s Bank presents gifts on first day of school

People’s Bank has once again made arrangements to present a special commemorative gift to children on their first day of school.

SLIC General and SLIC Life lend hand to flood-affected communities

Sri Lanka Insurance General (SLICGL) and Sri Lanka Insurance Life Limited (SLICLL) stepped forward with compassion and commitment, launching an island wide programme to support communities devastated by the recent floods.

WCIC Prathibhabhisheka Awards 2025

The WCIC Prathibhabhisheka Women Entrepreneur Awards 2025 held on 13th of Jan 2026, celebrated forerunners that contribute as women-owned/women-led businesses in Sri Lanka.

Sri Lanka’s tea exports cross US$ 1.5bn mark in 2025

Sri Lanka’s tea export earnings climbed past the US$ 1.5 billion mark in 2025, up from about US$ 1.4 billion in 2024, underpinned by higher prices and steady demand for value-added products, even as shipment volumes showed mixed trends through the year.

SL hits US$ 1bn FDI target as investors test waters

Sri Lanka crossed the US$ 1 billion mark in foreign direct investment (FDI) inflows in 2025 for the first time since the crisis. However, analysis of the data shows that the recovery remains uneven since the inflows are still dominated by debt-like instruments rather than fresh equity capital.

Hayleys declares Rs. 6 interim dividend

Hayleys PLC, one of Sri Lanka’s diversified conglomerates, announced an interim dividend of Rs. 6 per share for the financial year ending 31 March 2026, alongside plans to raise fresh capital through a rights issue.