Mixed sentiment marks start of week in secondary market

The secondary market opened the week on a mixed note yesterday, marked by selling pressure in the 2029 maturities alongside buying interest in longer-term tenors. However, overall trading volumes remained subdued throughout the day.

SLEIS 2025’s Day 2 to focus on ‘Why Sri Lanka – Investor View’

As Sri Lanka transitions from economic stabilisation towards a path of accelerated, inclusive growth, with a renewed emphasis on private sector-led development, Day 2 of Sri Lanka Economic and Investment Summit 2025, organised by the Ceylon Chamber of Commerce, will host a dedicated session titled ‘Why Sri Lanka – Investor View’.

Amana Bank expands to Pulmoddai

Amana Bank announced the opening of its latest Self Banking Centre (SBC) in Pulmoddai, a remote city located in the Trincomalee district of Sri Lanka’s Eastern province.

People’s Bank relocates Lunuwila Service Centre

People’s Bank Lunuwila Service Centre was ceremonially reopened at its new and upgraded location recently.

Sampath Bank-Home Lands launch 0% equity housing solutions

Sampath Bank PLC recently signed a memorandum of understanding with Home Lands Group at its head office, introducing a new financing solution aimed at easing the path to property ownership for homebuyers.

Munchee dominates SLIM Digis 2.5 as most awarded brand

Munchee, the flagship brand of Ceylon Biscuits Limited, cemented its position as the undisputed leader in digital marketing by dominating SLIM Digis 2.5.

CEAT Kelani attains ISO 14064-1:2018 certification for GHG emissions reporting

CEAT Kelani Holdings has received the ISO 14064-1:2018 certification for the quantification and reporting of greenhouse gas (GHG) emissions and removals, marking a significant milestone in the company’s ongoing commitment to sustainable growth and responsible manufacturing.

DFCC Bank-DIMO expand affordable vehicle ownership

DFCC Bank PLC has partnered with DIMO to make vehicle ownership more affordable and accessible—helping businesses expand, families progress and communities thrive.

Modern Zhongtong buses hit Sri Lankan roads

Marking a significant advancement in Sri Lanka’s passenger transport sector, recently the latest premium Zhongtong bus range was introduced by its newly appointed local agent, Moveflex (Pvt.) Ltd, a fully-owned subsidiary of DIMO.

GWM-David Pieris Automobiles announce strategic partnership

David Pieris Automobiles (Private) Limited (DPA), the four-wheeler sales arm of David Pieris Group of Companies, has been appointed as an authorised seller and distributor in Sri Lanka for GWM, a global automotive giant.

Rs. 757.4 million in dividends from state enterprises handed over to treasury

A total of Rs. 757.4 million in dividends from state-owned enterprises under the Ministry of Industries and Entrepreneurship Development was handed over to the Treasury in Parliament today (07).

WIS Group’s Imperial Advisors expands conveyancing operation in Sri Lanka

WIS Group, a Sri Lankan company that provides financial solutions in the United Kingdom, has diversified its operations by expanding Imperial Advisors, its offshore conveyancing operation, in Sri Lanka.

KOKO introduces PRISM loyalty programme

With a mission to empower Sri Lankans through smarter financial solutions, KOKO is expanding its offerings by launching KOKO PRISM, the company’s newest and most premium loyalty programme.

Ambewela introduces exclusive consumer promotion

Ambewela, Sri Lanka’s most premium and No. 1 fresh milk brand, has taken its commitment to consumers beyond the breakfast table by introducing an exclusive consumer promotion that blends daily nourishment with extraordinary experiences.

Sarvodaya Development Finance delegation completes agri-innovate immersion in Thailand

A cross-functional leadership team from Sarvodaya Development Finance PLC (SDF) has completed the ‘International Programme on Agri-Innovate: A Value Creation Journey from Soil to Shelf’ at the Faculty of Business Administration, Kasetsart University, Bangkok, delivered in collaboration with the Postgraduate Institute of Management.

Small business loans go at around 10.0% to boost economic activity

Sri Lanka’s small businesses are now getting their loans mostly at around 10.0 percent on average, a level they finally had in early 2022, right before the economy came crashing down, sending the interest rates through the roof when the Central Bank over-reacted by raising the rates by unprecedented levels.

Ex-CEO Peter Hill urges SriLankan to revive ‘Indian Ocean Hub’ strategy with Africa focus

Former SriLankan Airlines CEO Peter Hill has called on the airline to revive its once-successful strategy of becoming the “hub of the Indian Ocean,” outlining a specific blueprint for network expansion into the African continent. Speaking at the International Tourism Leaders Summit 2025 in Colombo, Hill urged the national carrier to look beyond traditional routes and adopt a strategic, multi-layered approach to capture new markets. His advice com

Central Bank launches survey on Crypto or virtual assets service providers

In a step toward registering the Crypto currency (Crypto) or Virtual Assets Service Providers (VASPs) with the Financial Intelligence Unit (FIU), the Central Bank has commenced a mandatory survey to obtain their information. Launching the survey, the Central Bank listed down who could be considered as VASPs in Sri Lanka.

Don’t expect overnight results from Global Campaign, says Sri Lanka Tourism Chief

The Chairman of the Sri Lanka Tourism Development Authority (SLTDA), Buddika Hewawasam, has called for patience and realistic expectations regarding a future global promotion campaign, cautioning that a sustainable increase in arrivals will not happen overnight and could take a couple of years to bear fruit.

Fitch assigns Union Bank’s proposed Basel III subordinated debt ‘BB(EXP)(lka)’

Fitch Ratings has assigned Union Bank of Colombo PLC’s (UB; BBB-(lka)/Negative) proposed Sri Lankan rupee-denominated Basel III-compliant subordinated debentures of up to Rs. 3 billion an expected National Long-Term Rating of ‘BB(EXP)(lka)’.

Atlas awarded for pioneering digital and technology led learning at SLIM Digis 2.5

Atlas secured an array of awards at SLIM Digis 2.5 for its outstanding contributions to advancing education through the integration of technology and creativity.

Sri Lanka’s industry titans profess a pragmatic Artificial Intelligence path

A high-powered panel at the National AI Expo and Conference 2025 revealed that for Sri Lanka’s leading conglomerates and tech firms, the era of theoretical AI is over. The focus is now squarely on practical implementation, measurable ROI, and overcoming foundational challenges in data, infrastructure, and skills to unlock the next wave of economic growth.

ITX360 achieves ISO/IEC 27001:2022 Certification for ISMS

ITX360 (Pvt) Ltd has successfully achieved certification to ISO/IEC 27001:2022, the latest international standard for Information Security Management Systems (ISMS).

Sri Lanka strengthens ties with ICAO to boost aviation sector

At the invitation of ICAO Secretary General Juan Carlos Salazar, Deputy Minister of Transport, Highways, Ports & Civil Aviation Eng. Janith Ruwan Kodituwakku, along with Capt. Daminda Rambukwella, DGCA and CEO of the Civil Aviation Authority of Sri Lanka (CAASL), met with the Secretary General at ICAO Headquarters in Montreal, Canada, during the 42nd ICAO Assembly.

DFCC Bank recognised among Sri Lanka’s Great Places to Work

DFCC Bank PLC has been officially certified as a Great Place to Work (GPTW), a global recognition awarded to organisations that foster high-trust, high-performance workplace cultures.

FitsAir celebrates three years of passenger operations

FitsAir, Sri Lanka’s first privately-owned international airline, celebrates three years of international scheduled passenger operations, marking another defining moment in its journey to transform air travel for Sri Lankans. The past year has been one of exceptional growth and achievements for the airline. FitsAir successfully launched Kuala Lumpur as a new destination on its network, expanded frequencies to Malé and Dhaka in response to strong

Hayleys Travels wins Gold at South Asian Travel Awards

Hayleys Travels was honoured with the Gold Award for “Leading Travel Agency - Outbound” at the 9th South Asian Travel Awards (SATA) 2025, held recently at the Cinnamon Grand Colombo.

United Motors debuts all-new 2025 Mitsubishi lineup in Sri Lanka

United Motors, the exclusive distributor for Mitsubishi Motors in Sri Lanka announced the arrival of the versatile ‘2025 Mitsubishi’ range.

PLC appoints Dr. Manawadu to Board

People’s Leasing & Finance PLC (PLC) announced the appointment of Dr. Isuru Manawadu as a Director to its Board, following the requisite regulatory approval from the Central Bank of Sri Lanka.

Mahindra Ideal Finance strengthens Central Province reach with new branch

Mahindra Ideal Finance Ltd. (MIFL) has further expanded its island-wide presence with the opening of a new branch in Gampola.