Green Tape powers 10,000th digital tender

Green Tape, Sri Lanka’s cutting-edge integrated digital procurement ecosystem, has reached a major milestone with the execution of its 10,000th tender, underscoring the growing shift toward transparent, accountable and sustainable business practices.

LK Domain Registry introduces myPage.lk platform

LK Domain Registry, celebrating 35 years as Sri Lanka’s trusted digital identity custodian, announced myPage.lk, an innovative platform that enables anyone to establish a professional online presence in minutes without requiring technical expertise.

Bureau Veritas Lanka achieves Gold at Presidential Environment Awards 2025

Bureau Veritas Consumer Products Services Lanka (Pvt.) Ltd, part of Bureau Veritas, was honoured with the prestigious Gold award under the Environment Friendly Private Institutions Category, at Presidential Environment Awards 2025, demonstrating remarkable progress from its Silver award achievement last year.

Bairaha Chicken reaffirms improved quality, longer shelf life without chemicals/preservative use

Bairaha Farms PLC, Sri Lanka’s pioneering and leading chicken processor, reaffirms its dedication to providing consumers with the highest quality, antibiotic-free chicken products, devoid of chemical, artificial additives, preservatives or added hormones.

Futurity secures seed funding to introduce AI-enabled intelligence for everyday work

Futurity, Sri Lanka’s first artificial intelligence (AI)-native research and development studio, yesterday announced the successful close of its seed funding round.

Industry warns of productivity fallout from 2026 estate wage hike

The government’s latest decision to raise the plantation workers’ wages has been made without any consultations with the industry personnel, a senior representative of the plantation sector said while asserting the move could impact the output.

Sri Lanka hits 2mn tourist arrival mark

Sri Lanka’s tourism industry officially surpassed the two million arrival mark for 2025 yesterday, placing its current performance on par with the 2018 all-time record year.

Mobile operations massively lift Dialog September performance

Dialog Axiata PLC reported a strong performance for the three months ended in September, led by the mobile operations, while the fixed telephony and broadband and television segments languished.

FTZMA backs Rs.3,000 wage hike for 2026

The Free Trade Zone Manufacturers Association (FTZMA) yesterday shared it has agreed on a general wage increase of Rs.3,000 for 2026.

Senthilverl Holdings raises stake in Serendib Land to 38%

Senthilverl Holdings (Pvt.) Ltd has increased its shareholding in Serendib Land PLC, boosting its stake to 38.27 percent, according to a disclosure to the Colombo Stock Exchange.

Week begins in red

The ASPI closed in red as a result of price losses in counters such as Ceylinco Holdings, Senkadagala Finance and Bukit Darah with the turnover crossing Rs. 4.4 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Ceylon Tobacco Company, Hemas Holdings and Tokyo Cement Company. Mixed interest was observed in Laugfs Gas, Amana Bank and Browns Investments whilst retail interest

Vidullanka buys 30% stake in SAFE Power

Vidullanka PLC has signed a share purchase agreement with Arinma Power (Pvt.) Limited to acquire a 30 percent equity stake in SAFE Power International (Pvt.) Ltd for Rs.225 million.

Keells’ own brands redefining everyday value

The common perception is that affordability and quality pull in opposite directions. Yet Keells has created a distinct space through its own brand portfolio, a range of products that proves value and quality can go hand in hand. With over 350 products across multiple categories, Keells’ own-label products offer customers more than just price advantages; they deliver consistent quality, thoughtful packaging, and the reassurance of a trusted super

RMB Internationalization Forum strengthens financial cooperation between SL and China

The RMB Internationalization Forum 2025, organized by the Sri Lanka–China Business Council of the Ceylon Chamber of Commerce in collaboration with the Bank of China, was held recently at the Shangri-La Colombo. The event brought together distinguished policymakers, diplomats, and business leaders to discuss the future of bilateral trade and financial cooperation through the use of the Chinese Yuan (RMB).

Buying interest emerges at week’s open

The secondary market reflected a broadly mixed sentiment, though buying interest ultimately outweighed selling pressure.

CCI elects new President

Manilal Fernando was appointed a new President of Chamber of Construction Industry of Sri Lanka, at the 21st AGM held at Kingsbury Hotel recently.

Ceylinco Life opens purpose-built branch in Nittambuwa

Ceylinco Life has become the first insurance company to open a purpose-built branch on company-owned land in Nittambuwa, reflecting the company’s long-term strategy of investing in high-quality, eco-friendly infrastructure to enhance customer experience and service standards.

NDB Bank hosts quarterly Analyst Earnings Call on 2025 financial results

National Development Bank PLC (NDB) hosted its quarterly Analyst Earnings Call recently to discuss the Bank’s financial performance for the nine months ended 30 September 2025. This follows the release of the Bank’snine months’financial results to the Colombo Stock Exchange, where NDB reported a post-tax profit of Rs. 7.5 billion, marking a remarkable 65 percent year-on-year growth and the highest ever achieved on a normalized standalone basis.

Pan Asia Bank reinforces sustainability commitment through strategic alliance

Pan Asia Banking Corporation PLC has entered into a strategic partnership with Prime EV Automobiles, the authorized representative of the Deepal electric vehicle brand in Sri Lanka. This collaboration was formalized through the signing of a Memorandum of Understanding (MoU) aimed at promoting eco-friendly leasing solutions, such as Pan Asia Bank’s EV Plus, and accelerating the adoption of electric vehicles across the country. This initiative unde

SLT-Mobitel becomes first in Sri Lanka to achieve fastest 5G speeds

SLT-Mobitel Mobile has set a new benchmark in Sri Lanka’s digital journey achieving the highest-ever 5G speeds in the country, exceeding 10Gbps recently, on its advanced 5G Standalone (SA) ready network, under TRCSL 5G trial approval.

David Pieris Logistics acquires Logicare in Rs.1.3bn deal from Ceylon Tea Brokers

D P Logistics (Private) Limited (DPL), a member of David Pieris Group of Companies, has entered into a share sale and purchase agreement for the acquisition of Logicare (Pvt.) Ltd from Ceylon Tea Brokers PLC, for an enterprise value of Rs.1.3 billion.

Sri Lanka launches GEW 2025 with national unity and entrepreneurial spirit

Sri Lanka officially launched Global Entrepreneurship Week (GEW) 2025 under the inspiring theme ‘Together We Build,’ commencing a nationwide celebration of innovation, inclusion, and economic empowerment.

JAT Holdings sustains growth momentum with 14% revenue and 16% PBT increases

JAT Holdings PLC, Sri Lanka’s leader in wood coatings and a diversified conglomerate in the manufacturing sector, continued its strong performance into the second quarter of FY 2025/26

Teejay group maintains stability amid global headwinds in 1H 2025/26

The Teejay group, one of South Asia’s leading multinational textile manufacturers, announced its financial results for the first half of the 2025/26 financial year, recording a steady position.

Amãna Bank records stellar performance in 3Q 2025

Amãna Bank continued its strong profitability momentum by nearly doubling its profits in 3Q to reach a YTD PBT of Rs.2.7 billion (39 percent YoY) and PAT of Rs.1.6 billion (44 percent YoY), setting a new record by achieving the bank’s 2024 full-year PBT in nine months.

Sysco LABS wins Gold at SLIM Brand Excellence Awards 2025

Sysco LABS, the global innovation centre for Sysco Corporation, the world’s largest foodservice company, was honoured with the Gold award in the Export Brand of the Year Category at SLIM Brand Excellence Awards 2025. This marks Sysco LABS’ first-ever submission to the prestigious awards, making it a remarkable achievement as the only company from Sri Lanka’s IT industry recognised among leading names in the country’s marketing landscape.

Rainco unveils ‘Be by Rainco’ new brand of umbrellas

Rainco has unveiled ‘Be by Rainco’, an exciting and distinctive new brand of umbrellas. This launch signals a strategic move to reposition the everyday umbrella from a purely functional item into a statement of personal style and a fashion accessory.

Great HR Awards to be held on Nov.25

The e CIPM Great HR Awards 2025, in collaboration with Mercer, is set to honour organizations that redefine the standards of excellence in people management and workplace culture.

HNB Assurance partners Dialog Finance to drive digital payment transformation

HNB Assurance PLC has entered into a strategic partnership with Dialog Finance PLC to further enhance its digital payment infrastructure and accelerate its journey towards achieving 100 percent digital premium collection. This collaboration marks a significant milestone in HNB Assurance’s digital transformation journey, reflecting the company’s continuous commitment to improving customer convenience, operational efficiencyand financial inclusivit

World Vegan Day 2025 SLYCAN Trust celebrates Sri Lanka’s plant-based culinary heritage

In celebration of World Vegan Day 2025, SLYCAN Trust, in collaboration with Meatless Monday Sri Lanka, recently hosted a reception titled ‘Plant-Based Gastronomy: Culinary Heritage & Tourism in Sri Lanka.’