First Capital Holdings debenture issue oversubscribed

First Capital Holdings PLC yesterday successfully closed its latest debenture issue after receiving applications exceeding Rs. 3 billion, according to a disclosure to the Colombo Stock Exchange (CSE).

Foreign buying continues

The ASPI closed in green as a result of price gains in counters such as Hayleys, LOLC Holdings and Browns Investments with the turnover crossing Rs. 6.5 bn.

Trading softens ahead of policy update

The secondary market navigated a lackluster session yesterday, weighed down by thin volumes and mixed investor sentiment.

Sri Lankan business leaders participate in UN Private Sector Forum 2025

On the invitation of United Nations Secretary-General António Guterres, three representatives from UN Global Compact Network Sri Lanka (Network Sri Lanka) are participating in the 2025 United Nations Private Sector Forum (PSF), a high-level roundtable that brings together a select group of global private sector leaders to drive forward sustainable economic growth as a high-level convening during the UN General Assembly Week in New York.

Asia-Pacific advances agenda for living wages

The Asia-Pacific region can demonstrate that the living wages are achievable through a systematic approach grounded in social dialogue and evidence-based wage systems, the participants at a regional dialogue organised by the International Labour Organisation (ILO) heard.

Colonel Nalin Herath appointed as James Global Minerals General Manager

James Global Minerals, an esteemed affiliate of JAT Holdings, announced the appointment of Colonel Nalin Herath as its new General Manager.

Ceylinco Life sweeps top honours with 14 awards at NAFLIA 2025

Ceylinco Life reaffirmed its dominance in Sri Lanka’s life insurance industry when the company’s sales professionals secured an outstanding 14 awards at National Forum for Life Insurance Advisors (NAFLIA) 2025, the annual flagship event organised by the Insurance Association of Sri Lanka.

NDB Bank’s tourism sector auto loans empower industry revival

National Development Bank PLC (NDB) has introduced a specialised tourism sector auto loan scheme, designed to support the revival and growth of Sri Lanka’s tourism industry by facilitating access to affordable transport solutions.

Sri Lanka showcases world-class MICE facilities to international buyers

Sri Lanka stepped up its bid to become a leading destination for business events with the launch of Sri Lanka MICE Expo 2025 in Colombo yesterday.

HNB Assurance hosts 2nd int’l Partnership Awards in Malaysia

HNB Assurance PLC once again marked a historic milestone by hosting its Partnership Awards 2025 on an international stage for the second consecutive year.

Chandula Abeywickrema steps down as Chairman of PMF Finance

PMF Finance PLC announced the resignation of Chandula Palitha Abeywickrema from the position of Chairman and Independent Non-Executive Director, effective October 1, 2025.

DIMO empowers tractor owners for Maha season

Supporting Sri Lanka’s farming communities in preparing for the Maha season, DIMO Agribusinesses successfully concluded its tractor service initiatives, the DIMO Care Camp and Mahindra Tractor Service Camp series, drawing strong participation from tractor owners across the island.

Mercantile Investments-Toyota Lanka drive hassle-free vehicle ownership

Mercantile Investments-Toyota Lanka drive hassle-free vehicle ownership Mercantile Investments announced its new strategic partnership with Toyota Lanka.

Yaden Laboratories attends Tecnosalud Health Fair in Peru

Yaden Laboratories participated with outstanding success in Tecnosalud - International Health Fair 2025 as invitees of the Lima Chamber of Commerce – CCL and its COMSALUD Guild, which was held from September 10 to 12, 2025, in Lima capital of Peru on its 19th convocation.

MAS Holdings-Toray Industries form JV to meet rising demand for high-quality textiles

MAS Holdings and Japan’s Toray Industries (H.K.) Ltd are working together through a new joint venture (JV), Toray MAS Apparel India, to strengthen the supply chain capabilities and serve India’s fast-growing textile market. The partnership, officially announced last week, will establish a manufacturing facility at the MAS Apparel Park in Bhuinpur, Odisha, currently under development. The groundbreaking for the park took place in March 2025 and op

Sysco’s global technology leadership meets Sri Lanka’s digital leaders

Sysco Executive Vice President and Chief Information and Digital Officer Tom Peck recently met with Digital Economy Deputy Minister Eranga Weeraratne and Chief Advisor to President on Digital Economy and ICTA Chairman Dr. Hans Wijayasuriya.

Amana Bank announces highest ever dividend of Rs.1.30 per share

Amana Bank PLC yesterday announced the declaration of its eighth consecutive annual dividend, reaffirming its commitment to rewarding the shareholders.

BOI greenlights US $ 2.99mn Blossom Well project to expand Southern Sri Lanka’s tourism

Blossom Well Holdings (Pvt.) Ltd has signed a US $ 2.99 million investment agreement with Sri Lanka’s Board of Investment (BOI) to establish a boutique hotel in Thissamaharama, aimed at expanding the island’s high-end and midscale tourism offerings.

Softlogic Finance cleared by Central Bank to restart business operations

Softlogic Finance PLC said yesterday that the Central Bank of Sri Lanka lifted the regulatory restrictions imposed on the non-bank lender, after it restored its capital position in line with the minimum requirements.

Week begins with foreign buying

The ASPI closed in green as a result of price gains in counters such as John Keells Holdings, C T Holdings and Senkadagala Finance with the turnover crossing Rs. 8.0 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Commercial Bank, John Keells Holdings and C T Holdings. Mixed interest was observed in Sierra Cables, Access Engineering and Vallibel One whilst retail interest

Tepid trading keeps yield curve stable as week begins

The secondary market saw thin trading volumes, leading to a stable yield curve as activity remained subdued. Among the traded maturities, the bonds maturing on 01.05.2028 and 15.12.2028 exchanged hands at rates of 9.00 percent and 9.05 percent, respectively. Further along the yield curve, the 15.06.2029, 15.09.2029 and 15.12.2029 maturities traded at 9.40 percent, 9.48 percent and 9.50 percent, respectively.

GDF showcases AI’s role in powering green energy, food security

Global Dialogue Forum Conclave showcases AI’s role in powering green energy, food security and cybersecurity The Global Dialogue Forum (GDF), in partnership with the Club of Rome – India, successfully hosted its international conclave on ‘AI in Powering Green Energy, Food Security & Cybersecurity’ at the Galle Face Hotel, Colombo recently.

SLEIS 2025 to explore next wave of ports and logistics growth

As Sri Lanka positions itself as a strategic hub in the Indian Ocean, the ports and logistics sector remains central to driving trade, attracting investment, and unlocking regional connectivity. Yet the next phase of growth cannot be built on scale alone - it must also align with global sustainability imperatives.

NDB Bank partners with Ideal Motors to promote affordable leasing solutions

NDB Bank recently entered into a strategic partnership with Ideal Motors (Pvt) Ltd., the official distributor for Mahindra vehicles in Sri Lanka, through the signing of a Memorandum of Understanding.

Browns reimagines travel with Urbania

Brown and Company announced the launch of the Urbania T2 Diesel 16-Seater Premium Mini Coach, introduced for the first time in Sri Lanka in partnership with Force Motors India.

SDB bank clinches first SLIM Digis Award for Father’s Day campaign

SDB bank announced its first win at the SLIM Digis 2.5 Awards, securing the Silver Award in the category of Best Use of Digital in Corporate Branding for its heartfelt Father’s Day campaign 2024, “Rahasin Ithirikala Adarayak.” The campaign was designed to create brand awareness, strengthen loyalty, and establish a positive brand image, while also highlighting positive social messages around young entrepreneurship and SME empowerment. Produced by

People’s Bank partners with Justice Ministry and Supreme Court to drive court digitalization

People’s Bank, in collaboration with the Ministry of Justice and the Supreme Court of Sri Lanka, has embarked on a landmark initiative to drive island-wide court digitalization, introducing state-of-the-art digital payment solutions across the judicial system.

Global FinTech leaders converge in Colombo for FinTech Summit 2025

The Sri Lanka FinTech Summit 2025 announced its confirmed lineup of speakers, bringing together global and Sri Lankan leaders in digital finance, technology, and regulation to accelerate the country’s transition towards a resilient and inclusive digital economy.

Wijaya Gems and Wijaya Holiday Resort launch gem mining and cutting experiential tour

Wijaya Gems has launched a Gem Mining and Cutting Experiential Tour for both international and local visitors in Ratnapura with the support of Wijaya Holiday Resort

SLICGI ranked No. 1 General Insurance Brand by Brand Finance

Sri Lanka Insurance Corporation General Limited (SLICGI), the nation’s largest general insurer, has been crowned the No. 1 General Insurance Brand in the ‘Brand Finance Sri Lanka 100 Most Valuable Brands 2025’ ranking. This marks the seventh consecutive year that SLICGI has secured this recognition, reaffirming its position as a pillar of strength and stability for individuals and businesses across Sri Lanka.