Lanka IOC kicks off September earnings with higher profits

Kicking off the September quarter earnings season this week, Lanka IOC PLC reported some higher profits for the foregoing three months, likely setting the tone for the rest of the earnings which are yet to come in

Asia to remain global growth engine despite tariffs, policy uncertainty: IMF

Asia’s growth story remains intact even as the region navigates slower external demand, tariff pressures, and persistent policy uncertainty, the International Monetary Fund (IMF) said, projecting the

Secondary market drifts through a quiet session amid thin volumes

The secondary market witnessed a notably subdued trading session yesterday, characterized by exceptionally low activity levels and limited investor participation.

Crossings boost turnover

The ASPI closed in green as a result of price gains in counters such as Hemas Holdings, Sampath Bank and Vidullanka with the turnover crossing Rs. 8.8bn.

Voyage Sri Lanka 2025 maritime conference unveils blue economy potential in Colombo

The second edition of the maritime conference Voyage Sri Lanka 2025, organised by the Sri Lanka Export Development Board in collaboration with key stakeholders from the public and private sectors, was

AIA Insurance pays tribute to Sarath Wikramanayake as he retires from board

AIA Insurance Lanka Limited extends its heartfelt appreciation to Independent Non-Executive Director Sarath Wikramanayake, who retired from the board of directors on July 31, 2025, after the completion of

Third Shift Media wins Gold at Dragons of Asia

Seven years since its inception, Third Shift Media continues to redefine what it means to be a media agency in today’s marketing communications landscape.

Sampath Bank begins restoration of another five tanks

Sampath Bank marked the groundbreaking ceremony of five more tanks under its flagship sustainability initiative, the ‘Wewata Jeewayak’ tank restoration programme, reaffirming its long-standing commitment to

Mintpay-FitsAir make outbound travel more accessible

Mintpay, Sri Lanka’s premier payments platform, has partnered with FitsAir, Sri Lanka’s first privately owned international airline, to offer the customers flexible and rewarding payment options when purchasing

University of West London opens first UK branch campus in Sri Lanka

The University of West London (UWL) has officially launched its branch campus in Sri Lanka, marking a new chapter in UK-Sri Lanka higher-education collaboration and thus allowing Sri Lankan students to

Hemas Pharmaceuticals-Oproma Cosmetics launch Hair Buddy product

Hemas Pharmaceuticals (Pvt.) Ltd recently announced the arrival of its latest hair care product with the launch of Hair Buddy.

LBA holds Int’l Business Networking Meeting  

The inaugural session of the International Business Networking Meeting, organised by the Lanka Business Alliance (LBA), was held this week at Galadari, Colombo.

Havelock City Mall celebrates 2 years

Havelock City Mall, Colombo’s premier lifestyle destination, celebrates its second anniversary this October under the theme ‘Two Years of Smiles, Happiness and Shared Joy’.

SLT-Mobitel recognised as SL’s favourite telecommunications service brand

SLT-Mobitel secured the position of No. 1 Telecommunication Service Provider in Sri Lanka in the PepperCube Tracker for August 2025.

Omega Line triumphs at CPM SL Management Leadership Excellence Awards 2025

Omega Line, one of Sri Lanka’s largest apparel exporters to Europe, operating under the Oniverse umbrella (formerly Calzedonia), announced that four of its employees have been honoured at CPM Sri

Prime Group launches Prime Edge as SL’s first all-in-one real estate mobile app

Prime Group has announced the launch of Prime Edge, a revolutionary mobile application driving a new era in the real estate landscape in Sri Lanka. As the country’s first comprehensive real estate app, Prime Edge is designed to streamline the property journey, offering unparalleled convenience and innovation to users. Prime Edge strengthens Prime Group’s market leadership and also contributes to the broader community making real estate more acce

Great Place To Work holds CXO Forum

The Great Place To Work Sri Lanka CXO Forum held recently in Colombo convened senior leaders and industry experts to explore the future of workplace culture through bold discussions on resilience,

Abans receives Apple’s 100% Service Excellence recognition

Abans PLC, Sri Lanka’s leading Apple authorised reseller and authorised service provider, announced that it has been awarded 100 percent Service Excellence recognition from Apple, reinforcing the commitment to

Where art meets architecture

Colombo last week transformed into a confluence of ideas, inspiration, and innovation as the world’s architectural elite convened for the American Institute of Architects (AIA) International Conference 2025

Slack expands platform

Powers secure, context-aware AI apps and agents built on conversational data

SL should aim to be ‘Serendib of trust’ in digital economy race: Dr. Hans

Sri Lanka is charting an ambitious course to position itself as a regional leader in the digital economy, building its competitiveness on governance, data protection and artificial intelligence (AI) and defining “trust” as its national value proposition.

Colombo Dockyard alters rights issue terms

Colombo Dockyard yesterday disclosed it would proceed with its planned Rs.12.93 billion rights issue, once the shareholder approvals are obtained but announced a change in the transaction structure.

SL must turn post-crisis recovery into sustained growth: IPS

Sri Lanka is experiencing a stronger-than-expected economic rebound but the challenge now is turning this post-crisis recovery into long-term, structurally driven growth, according to the Institute of Policy Studies’ (IPS) ‘Sri Lanka: State of the Economy 2025’ report.

SEC unveils plan to list SOEs, introduce digital assets to broaden capital market

The Securities and Exchange Commission (SEC) of Sri Lanka plans to significantly expand the nation’s capital market by listing the state-owned enterprises (SOEs), demutualising the Colombo Stock Exchange (CSE) and introducing new financial products such as digital assets, Chairman Senior Professor Hareendra Dissabandara announced yesterday.

Indices close in red

Indices closed in red as a result of price losses in counters such as Sampath Bank, Hatton National Bank and Melstacorp with the turnover crossing Rs. 5.6 Bn. High net worth and institutional investor participation was noted in Dialog Axiata, Hemas Holdings and Citizens Development Business Finance.

Quiet day at secondary market amid thin volumes

The secondary market witnessed a dreary session during the day amid ultrathin volumes.

99x expands Malaysian initiative to build talent across borders

99x, a technology company headquartered in Norway with operations in Sri Lanka, Malaysia, Portugal, and Brazil, reaffirmed its commitment to developing global tech talent. The company continues to focus on people development through mentorship, international projects, and exposure to global best practices.

Foreign investors explore investment prospects at Colombo Port, Port City

Coinciding with the Voyage Sri Lanka 2025 Marine Summit, a delegation of 10 foreign investors from countries including India, Saudi Arabia, the United Arab Emirates, and Oman toured the Colombo Port and Port City on October 15.

Women in Tech Sri Lanka announces Advisory Board

Women in Tech Sri Lanka announced the formation of its new Board of Advisors, welcoming a coalition of seasoned leaders, innovators, and change-makers who will guide the Chapter to accelerate female participation in core tech roles and leadership across Sri Lanka.

Singer Sri Lanka opens pre-orders for Apple’s iPhone 17 series

Singer Sri Lanka PLC announced the arrival of Apple’s highly anticipated iPhone 17 series. Customers in Sri Lanka can now place their pre-orders with Singer starting 10th October 2025, ahead of the official launch on October 22nd.