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Sri Lanka’s national tea sales average rose in August from the previous month, helped by stronger prices across all elevations, though the values remained slightly lower compared with a year earlier, the state-run Tea Board said yesterday.
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The shares of Millennium Housing Developers PLC will continue trading on the Colombo Stock Exchange (CSE), after the company successfully secured a deferment from the Securities and Exchange Commission (SEC). The move comes following an earlier notice on August 21, 2025, announcing a suspension of the MHDL shares.
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The ASPI closed in green as a result of price gains in counters such as Central Finance Company, Diesel & Motor Engineering and Melstacorp with the turnover crossing Rs. 13.2 Bn. Meanwhile, the S&P SL20 edged down. High net worth and institutional investor participation was noted in John Keells Holdings, Commercial Bank and C T Holdings. Mixed interest was observed in Prime Lands Residencies, RIL Property and Sierra Cables whilst retail interest
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The Women’s Chamber of Industry and Commerce (WCIC) announced the launch of its annual flagship event “WCIC Prathibhabhisheka – Women Entrepreneur Awards 2025” to recognize and reward the outstanding women entrepreneurs of Sri Lanka and in the SAARC Region.
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The Ceylon Chamber of Commerce will open the Sri Lanka Economic & Investment Summit 2025 on December 2 at the Shangri-La Colombo with an eminent line-up that sets the stage for two days of high-level dialogue. Conducted this year under the theme ‘Gateway to Growth – Asia’s Emerging Opportunity’, the day will begin with opening remarks by Ceylon Chamber Chairperson Krishan Balendra, followed by a keynote address from Kenneth Shen, Chairman - EDOTC
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Hayleys Aventura, the industrial solutions arm of Hayleys Group, announced the opening of its new Avery Weigh-Tronix Sales & Service branch in Kurunegala, strengthening its islandwide presence and making world-class weighing solutions more accessible to businesses and individuals in the region.
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Kandy Myst by Cinnamon, the newest addition to the Cinnamon Hotels & Resorts portfolio developed in partnership with Indra Traders (Pvt) Ltd, has become the first hotel in Kandy to be awarded the LEED (Leadership in Energy & Environmental Design) Gold certification under the globally recognized LEED v4 Building Design & Construction (BD+C) rating system.
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Sri Lanka will accelerate education reforms and foster innovation to prepare the economy for rapid technological and structural change, Prime Minister Harini Amarasuriya said last week, pledging a policy environment that supports startups and attracts investment.
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The Planters’ Association made a strong call to the government to fast-track the extension of Regional Plantation Company (RPC) leases, warning that on going uncertainty could derail billions of rupees in long-term investment in the country’s plantation sector.
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Three pivotal bills aimed at unlocking large-scale investments and restructuring the economy; the Port City Amendment Act, a new Public-Private Partnership (PPP) Act, and the State-Owned Enterprise (SOE) Restructuring Act; are expected to be enacted by September, according to Senior Economic Adviser to the President Duminda Hulangamuwa.
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Softlogic Holdings PLC has received a temporary reprieve from the Securities & Exchange Commission of Sri Lanka (SEC), which has deferred the planned suspension of trading in the company’s shares until 30 November 2025.
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The Commercial Bank of Ceylon has relaunched its popular Home Loans Fiesta for 2025, offering attractive interest rates, substantial cost savings, and a range of tailor-made repayment plans to help customers build, buy, or renovate their dream homes.
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HNB PLC announced a new partnership with Prestige Automobile (Pvt) Ltd, enabling flexible leasing solutions for the latest range of MAXUS electric and hybrid vehicles, including the MAXUS T90, MIFA 7, and MIFA 9.
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Real estate company Prime Group has been honoured as the only real estate brand to be featured in the first-ever Sri Lanka edition of ‘Essentials of Modern Marketing (EOMM)’ by globally renowned father of Modern Marketing, Prof. Philip Kotler.