Elephant House Super Heroes Season 3 crowns youth champions

After months of competition, creativity, and mentorship, Elephant House Super Heroes Season 3 came to a close at the Grand Finale held on October 18 at Stein Studios.

Seylan Bank opens 286th Pahasara Library

Seylan Bank achieved another significant milestone recently in its commitment to encourage young minds to learn and read, and raise the nation’s literacy.

InsureMe redefines insurance access and innovation

Recognized among Sri Lanka’s top insurance intermediaries, InsureMe has built its success on a simple promise: to make insurance easy for everyone.

CSE demutualisation awaits govt. policy on share split

The demutualisation of the Colombo Stock Exchange (CSE) is awaiting a final policy decision from the new government regarding its share allocation, according to Securities and Exchange Commission (SEC)

ADB reaffirms support for Sri Lanka’s port development

The Asian Development Bank (ADB) has once again confirmed its commitment to support the development of Sri Lanka’s port sector.

SL risks US$ 24mn rubber exports under EU deforestation rules: IPS

Sri Lanka risks losing around US$24.4 million in annual rubber exports to the European Union (EU) if it complies with the bloc’s new deforestation-free trade rules, the Institute of Policy Studies (IPS) cautioned.

Union Bank ups asset quality while expanding new loans

Union Bank of Colombo PLC reported mixed performance for the three months ended in September 2025, despite the continuous growth in new loans which also moderate by a little and continuously improving

Cartoon of the Day 31-10-2025

JF Packaging IPO oversubscribed on opening day

JF Packaging Limited’s initial public offering (IPO) drew strong investor demand, been oversubscribed on its opening day.

Durga Infra acquires 3.56% stake in Hatton Plantations

Hatton Plantations PLC this week saw its parent company, Lotus Renewable Energy (Pvt) Ltd, sell 8.43 million shares, representing 3.56 percent of the issued ordinary shares of the company, to Durga Infra (Pvt)

Investor sentiment turns mixed as volumes moderate

Investor sentiment appeared mixed yesterday, deviating from Wednesday’s buying interest while marked volumes were moderate.

Crossings account for 39.5% of the turnover

The ASPI closed in green as a result of price gains in counters such as Ceylinco Holdings, Colombo Dockyard and Singer Sri Lanka with the turnover crossing Rs. 7.7 Bn.

WSO2 appoints Sudesh Vasudevan as VP, Head of Corporate Development

WSO2, the leader in enterprise digital infrastructure technology, yesterday announced the appointment of Sudesh Vasudevan as Vice President and Head of Corporate Development.

HNBA-BOC strengthen bancassurance offering

HNB Assurance PLC (HNBA) recently entered into a memorandum of understanding (MoU) with Bank of Ceylon (BOC) to further expand its bancassurance footprint across the island.

DFCC Bank-Abans Solar launch affordable solar financing solutions

DFCC Bank has partnered with Abans Solar to launch a first-of-its-kind solar financing scheme aimed at accelerating the adoption of clean energy nationwide.

NDB Bank-Home Lands offer exclusive home financing solutions

NDB Bank recently entered into a strategic partnership with Home Lands Group.

U.S. Embassy delegation visits Hambantota International Port

A high-level delegation from the Embassy of the United States in Sri Lanka made a courtesy call to Hambantota International Port (HIP) recently.

People’s Leasing delivers enhanced service to Eheliyagoda and Dematagoda

People’s Leasing & Finance PLC (PLC), one of Sri Lanka’s leading non-banking financial institutions, is to open one new branch in Eheliyagoda, at No. 44, Kelin Weediya, Eheliyagoda, on November 4, 2025 and

Virtusa-CFC unveil global services hub in Sri Lanka

Virtusa Corporation, in partnership with CFC, a pioneer in insurance solutions for emerging risk and market leader in cyber, opened the doors to CFC’s digital services hub in Colombo.

Rakuten Symphony-SLT-Mobitel deploy Open RAN trial in Sri Lanka

Rakuten Symphony and SLT-Mobitel have announced the signing of a memorandum of understanding (MoU) to collaborate on a pilot project to build an Open Radio Access Network (Open RAN) comprising 4G

Asian Digital Finance Forum and Awards 2025 held at Port City Colombo

Asian Digital Finance Forum and Awards 2025, held recently at Port City Colombo as part of the Asia International Digital Economy and AI in Finance Summit, built on the success of its 2022 and 2023

OSC leads way in sustainability

The Overseas School of Colombo (OSC) reaffirmed its position as a global leader in sustainable education, earning recognition from UNESCO’s Greening Education Partnership and also by renewing its

Unimo Enterprises introduces all-new Perodua ATIVA and MYVI

Unimo Enterprises Ltd, a fully-owned subsidiary of United Motors Lanka PLC and the exclusive distributor for Perodua vehicles in Sri Lanka, announced the launch of the all-new Perodua ATIVA and MYVI at CMTA

TMC launches Northern Investment Summit 2026 to boost growth in North

The Management Club (TMC) yesterday announced the launch of Northern Investment Summit 2026 (NIS26), a major initiative to promote investment, entrepreneurship and regional growth in Sri Lanka’s

Volumes spike as buying activity amps up

The secondary market witnessed renewed buying interest across the yield curve, leading to a day of high trading volumes. At the short end of the curve, the 15.03.2028, 01.05.2028, 01.07.2028 and 01.09.2028 maturities traded within a yield band of 9.10 percent-9.25 percent. Within the 2029 segment, bonds bearing maturities dated 15.06.2029, 15.10.2029 and 15.12.2029 traded within 9.55 percent-9.63 percent.

Halal Council receives Gold, top honours at CNCI Achiever Awards

The Halal Assessment Council (Guarantee) Limited (HAC) was recognized with two awards at the CNCI Achiever Awards 2025 for Industrial Excellence, organized by the Ceylon National Chamber of Industries (CNCI) in collaboration with the Ministry of Industry and Entrepreneurship Development.

Cargills appreciates Asite Talwatte’s invaluable contributions

Cargills (Ceylon) PLC recently announced that Asite Talwatte retired from its board, having previously served as the Senior Independent Director of the company until April 2024, and subsequently as a Non-Independent Director. The Board of Directors of Cargills expressed its deep appreciation to Talwatte for his invaluable contributions and dedicated service to the company.

MAS Holdings launches

South Asia’s largest apparel-tech conglomerate, MAS Holdings, launched its Plan for Change 2030 at a special event held at Cinnamon Life, Colombo recently.

A different approach to Thought Leadership

For many years, the term Thought Leadership has conjured images of experts in suits standing on stages, dominating conversations, publishing bestselling books, or leading global corporations. The idea was clear: the more knowledge and visibility you had, the more of a “thought leader” you became.

New Indonesian forest laws affect Goodhope Asia plantations

Carson Cumberbatch and Bukit Darah yesterday said several subsidiaries of their Singapore-based arm, Goodhope Asia Holdings Ltd, have been affected by Indonesia’s latest land management regulations, which aim to repossess the forest-status lands from the private plantation companies.