Bairaha Farms receives ISO 14064 Greenhouse Gas Verification

Bairaha Farms PLC has achieved a milestone in corporate sustainability, becoming one of Sri Lanka’s leading poultry-businesses to receive Greenhouse Gas (GHG) Verification at the organizational level with a “reasonable level of assurance”.

Sri Lanka posts record fiscal improvement amid Middle East risks

The government achieved a primary surplus for the third consecutive year, reaching 5.4 percent of GDP, while the current account balance also recorded a surplus of 0.7 percent of GDP for the first time since 1987, revealed Central Bank Economic Research Department Director Dr. L. R. C. Pathberiya.

David Pieris Automobiles delivers BAIC X55 fleet to Chevron Lubricants Lanka

David Pieris Automobiles (Private) Limited (DPA) marked another significant milestone with the delivery of eight BAIC X55 vehicles to Chevron Lubricants Lanka PLC, which markets the strong Caltex brand in Sri Lanka. This delivery reinforces David Pieris Automobiles’ continued efforts to strengthen its portfolio of internationally acclaimed brands while supporting corporate customers with robust after-sales service, nationwide support and trusted

Salesforce introduces Headless 360

Salesforce has introduced Salesforce Headless 360, making the Salesforce platform accessible through APIs, MCP tools and CLI commands so AI agents can act without relying on a browser.

SITREK unveils SIDEKICK platform

SITREK Group recently introduced SIDEKICK, a digital platform designed to support operational security management across facilities and corporate environments.

BYD-JKCG Auto mark 20,000 services and repairs

BYD and its authorised distributor for Sri Lanka John Keells CG Auto (JKCG Auto) celebrated a milestone of 20,000 successful vehicle services since commencing operations last year.

Ceylon Chamber of Commerce to host Sri Lanka Climate Summit 2026

The Ceylon Chamber of Commerce will host the second edition of the Sri Lanka Climate Summit on June 9, 2026, at Taj Samudra Hotel, convening policymakers, industry leaders, financiers and technical experts to focus on pathways for integrating climate action into Sri Lanka’s growth story.

Cautious sentiment prevails in secondary market

Yesterday, the muted sentiment from the closure of the previous week prevailed in the secondary market, exhibiting low trading volumes and activities.

Indices close in red

The ASPI closed in red as a result of price losses in counters such as John Keells Holdings, R I L Property and Hayleys with the turnover crossing Rs. 4.8 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in John Keells Holdings, Hemas Holdings and Hatton National Bank. Mixed interest was observed in ACL Cables, Prime Lands Residencies and Access Engineering whilst retail inte

Protestors in Matugama demand immediate lifting of oil palm ban to secure plantation economy

A silent march and awareness campaign took place in the Matugama town last week, with the plantation sector workers and local communities demanding the immediate removal of the arbitrary ban on oil palm cultivation. The demonstration sought to draw attention to the severe economic implications of the ongoing restrictions on both the workforce and broader industrial sector.

Govt. pushes forward with new Tourism Act

Despite the mounting resistance from the hoteliers and key tourism stakeholders, the government is forging ahead with the plans to repeal and replace the existing Tourism Act, establishing a special presidential task force to execute the sweeping legislative overhaul.

Amana Bank posts stronger 1Q earnings as impairments ease, SME lending expands

Amana Bank PLC reported a stronger performance for the three months ended March 2026, supported by lower impairment charges, steady financing income growth and an expansion in its SME-focused financing portfolio, despite the mounting macroeconomic pressures from geopolitical tensions and adverse weather disruptions. The bank reported a profit before tax of Rs.0.8 billion for the March quarter, up 14 percent from a year earlier, while profit after

SL’s resilience keeps drawing investors back: Nepalese billionaire Binod Chaudhary

Nepalese billionaire Binod Chaudhary last week delivered a powerful endorsement of Sri Lanka’s long-term investment story, saying he repeatedly chose to back the country at moments when fear, instability and crisis had paralysed investor sentiment.

Sri Lanka to launch interim digital tourism campaign soon, followed by Rs. 4bn global push

Sri Lanka’s tourism authorities are gearing up to launch a targeted interim digital marketing campaign within days to cushion an ongoing slump in tourist arrivals, which will serve as a precursor to a Rs. 4 billion global promotional drive.

Fuel costs and holiday slowdown drag private sector activity  

Sri Lanka’s private sector activity lost momentum in April as post-New Year seasonality, rising energy costs and fallout from Middle East tensions weighed on both manufacturing and services, according to the latest Purchasing Managers’ Index (PMI) data released by the Central Bank of Sri Lanka (CBSL).

Pan Asia Bank March profit modest on lower loan loss provisions

Pan Asia Banking Corporation PLC reported a modest performance in the three months ended March 2026, driven by substantially lower provisions against possible loan losses.

SLT-Mobitel delivers strong revenue and profit growth in 1Q 2026

The SLT Group reported a strong start to the year, posting double-digit revenue growth and significantly higher profitability in the first quarter of 2026 compared to 1Q 2025, driven by notable gains in operating profit and net earnings and a sustained demand for broadband (internet) services.

CBSL launches digital complaints platform to tighten oversight of banks, finance firms

The Central Bank of Sri Lanka (CBSL) has rolled out an online Complaint Management System (CMS), stepping up efforts to strengthen financial consumer protection and improve accountability among banks, finance companies and other regulated financial institutions amid Sri Lanka’s fast-growing digital financial ecosystem.

Dialog earnings surge as lower finance costs, data growth lift margins

Dialog Axiata PLC reported a sharp rise in first-quarter earnings as stronger data consumption, cost controls and easing finance-related pressures boosted profitability, even as the telecom operator continued to scale down parts of its lower-margin international business.

NTB March quarter profit lifted by loan expansion

Robust lending growth helped lift Nations Trust Bank PLC’s earnings in the three months ended March 2026, as the bank expanded its loan book amid continued credit demand.

SL-Nepal launch cross-border digital payment connectivity to strengthen regional financial integration

In a significant milestone for regional digital payment interoperability, on May 12, 2026, Sri Lanka and Nepal officially launched cross-border QR payment connectivity.

Cinnamon Lakeside Colombo appoints Ashan Peiris as Hotel Manager

Cinnamon Lakeside Colombo announced the appointment of Ashan Peiris as its new Hotel Manager, further strengthening the property’s leadership alongside General Manager Dushyantha Tittawella.

DFCC Bank recognised at ACEF Global Customer Engagement Awards

DFCC Bank PLC has been recognised at the 15th ACEF Global Customer Engagement Awards, receiving multiple accolades across digital engagement, experiential marketing, purpose-led communication and community-driven initiatives.

ComBank rewards Debit Card Challenge 2026 winners

Commercial Bank of Ceylon has announced the first winners of its exciting Debit Card Challenge 2026, with 250 debit card holders emerging victorious in the inaugural monthly draw of a promotion that is set to reward 1,000 customers with prizes worth a total of Rs.45 million.

SDB bank-Hayleys Mobility advance sustainable mobility and private vehicle leasing

SDB bank has entered into a strategic partnership with Hayleys Mobility Limited through the signing of a memorandum of understanding (MoU), reinforcing the bank’s commitment to expanding access to structured mobility financing while advancing its broader sustainability banking agenda.

Melwa in US $ 57.6mn PCC ultra-luxury waterfront residential project with Prime

In a major investment that reflects the growing confidence in Sri Lanka’s long-term economic direction, Melwa Conglomerate and Prime Lands have acquired a prestigious marina-front land parcel at Port City Colombo (PCC) for the development of a US $ 57.6 million ultra-luxury waterfront residential project.

Sampath Bank unveils ‘Mastercard Business Credit Card’ to power SME growth

Reinforcing its commitment to Sri Lanka’s business community, Sampath Bank has introduced the Mastercard Business Credit Card, a dedicated solution designed to support the financial and operational needs of Small and Medium Enterprises (SMEs).

Dr. Binod Chaudhary shares valuable insights at SLID CEO Forum

Dr. Binod Chaudhary, Chairman of CG Corp Global and Nepal’s billionaire, shared profound insights on navigating the complexities of global business leadership at Chairman & CEO Forum, organized by the Sri Lanka Institute of Directors (SLID) together with Union Bank and Port City.

NDB Investment Bank strengthens leadership with three senior appointments

NDB Investment Bank Ltd. (NDBIB), continued to strengthen its leadership team through the new appointments of Kaushini Laksumanage as the Deputy Chief Executive Officer,

Prima KottuMee Hot ‘N’ Spicy Kricket Promotion Concludes with Big Wins

Launched alongside the T20 Cricket World Cup, the Hot ‘N’ Spicy Kricket Promotion campaign brought together the excitement of cricket and the spirit of Prima KottuMee, creating a truly engaging experience for the brand’s consumers, and has now officially concluded on a high note.