MTI strategises industrial development for Zimbabwe’s Sovereign Fund

MTI Consulting conducted a performance review of the Industrial Development Corporation of Zimbabwe to develop turnaround strategies, which have now been successfully concluded.

AIA Insurance ranked #1 Life Insurer in Customer Excellence

AIA Insurance has been recognised as the #1 Life Insurer in Customer Excellence in the LMD Customer Service Excellence Survey 2025, reaffirming its commitment to delivering exceptional service and helping

Securities and Exchange Commission issues alert

The Securities and Exchange Commission of Sri Lanka (SEC) alerts the public not to engage with the entity operating as Blue Ocean Securities Ltd. or its mobile application BOMate for investing in the

Concord Apparel and Concord Footwear win Presidential Export Awards

Two subsidiaries of Guston Limited, Hong Kong — Concord Apparel (Pvt) Ltd, Avissawella, and Concord Footwear (Pvt) Ltd, Ulapane have secured top honours at the Presidential Export Awards (PEA)

Xapi unveils new brand identity and strategic vision for global governance innovation

Cyaniq appointed as strategic partner for brand transformation and go-to-market execution in EU and Sri Lanka

SLT-Mobitel-MegaPay power seamless eSIM onboarding nationwide

In a strategic move to shape Sri Lanka’s digital future, SLT-Mobitel has partnered with MegaPay (Pay&Go), further enhancing its nationwide value proposition to empower Sri Lankans to connect to the digital world

NDB Bank renews partnership with Clean Ocean Force

Guided by its commitment to sustainability, NDB Bank has renewed its partnership with Clean Ocean Force Lanka, extending three vital environmental initiatives that collectively protect Sri Lanka’s coastal and

W.R.Rodrigo & Co. announces strategic transition to partnership

W.R.Rodrigo & Co. has announced a formal transition in its professional structure, moving from a sole practitioner firm to a partnership.

Infrastructure and Construction Exhibition 2026 in June

Infrastructure and Construction Exhibition 2026 (INFRACON 2026), a premier industry event dedicated to the nation’s infrastructure and construction sectors, will take place from July 3 to 5, 2026, at the Sirimavo

Port City Colombo lands US $ 300mn investment as phase II moves ahead

Port City Colombo has secured a US $ 300 million foreign direct investment (FDI) commitment from its primary developer, clearing the way for phase II of the flagship reclamation project and delivering an early boost to Sri Lanka’s efforts to revive the long-term capital inflows.

Top legal expert urges govt. to consult private sector on proposed EPF pension scheme

A leading corporate legal expert has urged the government to engage in meaningful consultation with the private sector, including the Ceylon Chamber of Commerce, before proceeding with the proposed conversion of the Employees’ Provident Fund (EPF) into a pension scheme.

Tea sector steadies as full-year output rises despite December drop

Sri Lanka’s tea output weakened slightly in December 2025 from a year earlier.

Sri Lanka apparel makers step up UK push after duty-free access kicks in

Sri Lanka’s apparel industry stepped up its push into the UK market this week, leveraging the newly secured duty-free access as the exporters showcased the manufacturing depth and sustainability credentials at Source Fashion London 2026.

LRI announces unconditional mandatory offer for Lee Hedges minority stake

Lanka Realty Investments PLC (LRI) has formally announced a mandatory offer to acquire the remaining 28.9 percent stake in Lee Hedges PLC, following its acquisition of a controlling interest in the company earlier this month.

Sanasa Life announces Rs.500mn debenture issue amid regulatory suspension

Sanasa Life Insurance Company PLC has announced plans to raise Rs.500 million through a debenture issue, a strategic move to bolster capital, while the company remains under a regulatory suspension imposed by the Insurance Regulatory Commission of Sri Lanka (IRCSL).

Indices close in green

The ASPI closed in green as a result of price gains in counters such as Dialog Axiata, Melstacorp and Nations Trust Bank with the turnover crossing Rs. 9.2 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Dialog Axiata, Sampath Bank, Cargills. Mixed interest was observed in ACL Cables, R I L Property and Prime Lands Residencies whilst retail interest was noted in Lanka Cre

Mid-curve sees a rise in buying activity

The secondary market yield curve saw heightened trading activity amid the high trading volumes, with buying interest emerging in the mid-tenure segment of the yield curve.

Shing Kwan Group donates US$ 100,000 to Rebuild Sri Lanka Fund

Shing Kwan Group (SKG), the majority shareholder of Overseas Realty (Ceylon) PLC donated US$ 100,000 to the Rebuild Sri Lanka Fund, extending its support to the national recovery efforts following the widespread devastation caused by Cyclone Ditwah.

ComBank and Visa celebrate 100K Google Pay transactions

A defining milestone in Sri Lanka’s digital payments journey was celebrated at Cinnamon Life recently, as Commercial Bank of Ceylon marked the completion of 100,000 Google Pay transactions within just six weeks of launching the service in Sri Lanka for its Visa cardholders.

SLT Mobitel and Fintelex empower farmers launching ‘Yaya Agro’ app

SLT Mobitel in collaboration with Fintelex (Pvt) Ltd, has launched ‘Yaya Agro’, an exclusive all-in-one smart agriculture app designed to empower Sri Lankan farmers with the tools they need to grow smarter, safer, and more sustainably.

HNB Assurance clinches Gold at Mob-Ex Awards

HNB Assurance PLC (HNBA) made history by bringing home Gold at the Mob-Ex Awards 2025, securing the top spot in the highly competitive Best Campaign – Lifestyle & Entertainment category.

SLICGL hosts 2nd General Insurance Pinnacle Achiever Awards in Indonesia

Sri Lanka Insurance Corporation General Ltd. (SLICGL) hosted the 2nd Annual General Insurance Pinnacle Achiever (GIPA) Awards Ceremony in Indonesia recently, honouring the Top 33Sri Lankan and 10 Indonesian General Insurance sales professionals.

‘Edges of Sri Lanka’ highlights country’s strengths as emerging export and investment hub

‘Edges of Sri Lanka: Reimagining the Future of Exports and Investments’, a new publication that showcases how local businesses create value, innovate and compete globally, was recently launched by the Export Development Board (EDB).

Ceylon Cold Stores honoured at National Supply Chain Excellence Awards 2025

Ceylon Cold Stores PLC (CCS), a subsidiary of John Keells Holdings PLC has reinforced its leadership in operational excellence with an important recognition at the National Supply Chain Excellence Awards 2025. The company was honoured with the National Award of Excellence, Best Supply Chain Practicing Organization 2025 (Commendation Award) in the Extra Large, Manufacturing category at the ceremony held on 24th October last year at Monarch Imperia

GovPay now on Union Bank BizDirect platform

Union Bank continues to simplify business banking with the introduction of GovPay on its payments & cash management platform BizDirect enabling businesses to make government payments fast, secure and conveniently. Through BizDirect GovPay, customers can settle payments to key government institutions including the Inland Revenue Department, Sri Lanka Customs, Employees’ Provident Fund (EPF), Sri Lanka Ports Authority and the Board of Investment (B

Sri Lanka makes packaging history with Tetra Recart

Wichy Plantation Company (Pvt) Ltd has commissioned South Asia’s first Tetra Recart R2 production line, marking a transformational milestone for Sri Lanka’s food processing and export sectors.

CEAT Kelani treats top dealers to a Swiss adventure

CEAT Kelani Holdings has raised the bar for dealer recognition, rewarding its top performers with an unforgettable tour of Switzerland – the pinnacle experience of the Company’s three-tier ‘Travel with CEAT’ rewards programme. These dealers, who met or exceeded the ambitious sales targets set during the latest performance cycle, were treated to a six-night, seven-day journey through some of Europe’s most extraordinary destinations.

EFC National Best Employer Awards on Jan.20

The Employers’ Federation of Ceylon (EFC) will host the inaugural EFC National Best Employer Awards 2025 on January 20 at the Galle Face Hotel, commencing at 6.00 p.m.

WCIC endorses importance of GBVH-free workplaces and ILO Convention 190

Women face Gender Based Violence and Harassment (GBVH) at Corporates and in Entrepreneurial businesses Women’s Chamber of Industry and Commerce (WCIC) has been actively working to create workplace environments that are free from Gender-Based Violence and Harassment (GBVH), enabling women to thrive and contribute meaningfully.

Women’s economic participation central to growth agenda: PM

Sri Lanka’s economic recovery and long-term growth prospects hinge on dismantling systemic barriers that limit women’s participation in enterprise, leadership and decision-making, Prime Minister Dr. Harini Amarasuriya said.