Beyond science: Rethinking climate change communication for South Asia’s future

As the world confronts escalating climate disasters, the recent webinar ‘Beyond the Science: The Missing Piece in Climate Action – Communication’, organised by the Climate Change Communication

Sri Lanka’s credit-to-GDP gap widening as private sector credit expanding

Exporters urged to seize opportunities under UK’s new trade framework

The Ceylon Chamber of Commerce (CCC) yesterday called on Sri Lanka’s export fraternity to start gearing up now to take advantage of the sweeping reforms to the UK’s Developing Countries Trading Scheme (DCTS), which will come into effect in early 2026.

Grant Thornton Advisors to acquire consulting firm Stax

Grant Thornton Advisors LLC announced this week it would acquire Boston-based Stax, a strategy consulting firm specialising in commercial due diligence, value creation and exit planning for private equity firms and their portfolio companies.

EFC rings Opening Bell at CSE to celebrate 96 years of service

The Employers’ Federation of Ceylon (EFC) rang the Opening Bell at the Colombo Stock Exchange (CSE) yesterday, to mark its 96th anniversary.

ACME hit by resin monopoly, rising costs as Sri Lanka’s economy rebounds

ACME Printing and Packaging PLC said it is struggling with the impact of a “resin monopoly” in the local market, a structural challenge that has limited its pricing flexibility and bargaining power.

Turnover crosses LKR 11 Bn

Indices closed in green as a result of price gains in counters such as John Keells Holdings, Hatton National Bank and Sampath Bank with the turnover crossing Rs. 11.1 Bn. High net worth and institutional investor participation was noted in Hatton National Bank, HNB Finance and Hatton National Bank nonvoting. Mixed interest was observed in LVL Energy Fund, Sierra Cables and Sampath Bank whilst retail interest was noted in Industrial Asphalts, UB F

Secondary market stable amid selective selling

The secondary market saw light selling pressure yesterday, with trading volumes remaining moderate. Activity was largely focused on the 2028 maturities. Despite the slight uptick in selling, the yield curve held steady overall.

Acuity appoints Emma Crabtree as CRO

Acuity Knowledge Partners (Acuity) has appointed Emma Crabtree as Chief Revenue Officer (CRO). Crabtree has more than 25 years of leadership experience in client engagement and commercial strategy, having held senior roles at global financial institutions including BNP Paribas Securities Services, and RBC Investor & Treasury Services.

CILT Sri Lanka to host CILT International Convention in September

The Chartered Institute of Logistics and Transport Sri Lanka (CILT SL), the country’s leading professional body for logistics, supply chain, and transport, has been selected to host the CILT International Convention 2025, the flagship global event of the Chartered Institute of Logistics and Transport.

Industry Ministry launches national programme to support 1,000 entrepreneurs

The Ministry of Industry and Entrepreneurship Development in collaboration with National Productivity Secretariat has announced the launching of a national programme to develop 1,000 entrepreneurs nation wide. The programme will be implemented as an initiative in areas governed by the ‘Four-I’ project that stands for ‘Integration, Innovation, Implementation and Improve’.

Browns recognised at NBEA 2025

Diversified conglomerate Brown & Company was recently honoured with the Silver Award in the Trading Category at the renowned National Business Excellence Awards (NBEA) 2025, organised by the National Chamber of Commerce of Sri Lanka (NCCSL).

AirAsia crowned ‘World’s Best Low-Cost Airline’ again

Mack Air (Pvt) Ltd, the General Sales Agent (GSA) for AirAsia in Sri Lanka, shares that AirAsia has once again been crowned the World’s Best Low-Cost Airline at the Skytrax World Airline Awards 2025 on June 17. This achievement marks an unprecedented 16th consecutive win, reaffirming AirAsia’s standing as the global leader in affordable air travel.

Siyapatha Finance opens newest branch in Mahiyanganaya

Siyapatha Finance PLC recently expanded its services to Mahiyanganaya. The Mahiyanganaya branch was declared open by Siyapatha Finance PLC Managing Director Ananda Seneviratne, in the presence of Siyapatha Finance PLC Chief Operating Officer Rajeev De Silva and senior management.

Lakmal Jayarathne appointed to MSEC board

M Power Capital Securities Limited (MSEC) announced the appointment of its Chief Executive Officer Lakmal Jayarathne to the Board of Directors effective 01st August 2025.

EDB-JICA partnership extended to boost ICT/BPM growth in Japanese market

Sri Lanka Export Development Board (EDB) and the Japan International Cooperation Agency (JICA) have established a strategic partnership to strengthen the Sri Lankan ICT/BPM sector within the Japanese market. Started in 2024, this initiative supports 30 Sri Lankan SME ICT/BPM companies and startups over a period of two years by providing market intelligence, business coaching, and matchmaking services. Building on nearly a decade of collaboration

Deakin University Australia hosts ‘Deakin Week Sri Lanka 2025’

Deakin Week Sri Lanka 2025 (19th to 21st August), a biennial event hosted by Deakin University Australia, concluded on a high note recently, welcoming over 300 academic, industry and government leaders.

Econsulate launches Xavier 4.0 autonomous ground–air robotics

Xavier 4.0 is a mission-ready platform combining the power of the RG 311 #UGV and the Beak B 150 #UAV, designed and developed from the ground up, into one seamless autonomous platform.

Great Place To Work Sri Lanka unveils ‘Best Workplaces in the Technology Industry’

Great Place To Work Sri Lanka hosted its flagship celebration of workplace culture in the technology sector with the unveiling of the Best Workplaces in the Technology Industry 2025, under the powerful theme “Beyond the Code.” The event took place at Courtyard, Cinnamon Grand Colombo, gathering an audience of leading CXOs, senior executives, and HR professionals from across Sri Lanka’s vibrant tech ecosystem.

AIA Insurance Ampara Area Development Office relocates

AIA Insurance Lanka Limited has relocated its Ampara Area Development Office (ADO) No. 3 to a new premises located at No. 66, D.S. Senanayake Street, Ampara.

Women in Management celebrates 15 years of empowerment and global connections

Women in Management (WIM) celebrates 15 years of empowering women, fostering leadership and creating global platforms for women to excel.

Würth Lanka hosts Engineering Forum

Würth Lanka (Pvt) Ltd recently convened the Würth Lanka Engineering Forum 2025 - a landmark gathering of leading civil engineers, structural consultants, and industry innovators from across the country.

Sri Lanka set for best August since 2018

Sri Lanka’s tourism industry has surpassed 1.5 million arrivals for 2025, boosted by strong inflows in August. However, it still faces a steep climb to reach its ambitious target of three million visitors for the year.

Access Medical Tracers inks US $ 6.5mn BOI agreement to launch SL’s first radiopharmaceutical plant

Access Medical Tracers (Pvt.) Ltd has signed a US $ 6.5 million agreement with the Board of Investment (BOI) to establish Sri Lanka’s first-ever radiopharmaceuticals manufacturing facility.

Distilleries’ June profits up 14% over higher revenues

Distilleries Company of Sri Lanka PLC recorded a higher bottom-line performance for the quarter ended in June, amid the higher prices caused by the January hike in the excise duty. Sri Lanka’s largest distiller, with a market share of over 70 percent, reported revenue of Rs.37.13 billion for the quarter, up 14.7 percent from the same period last year but the increase in the net revenues languished at a 4.3 percent growth to Rs.12.68 billion.

Robust growth in loans buttresses LOLC June performance

LOLC Holdings PLC reported a modest performance for the three months ended in June 2025, largely supported by its financial services behemoth, which was possible on the back of higher lending, as the rates remained lower.

Browns launches low-cost EVs to widen vehicle access in SL

Brown & Company PLC, part of Sri Lanka’s LOLC Group, yesterday announced the launch of a new line-up of electric vehicles (EVs), a move that positions itself as a key player in expanding affordable mobility after years of import restrictions left the consumers priced out of the market.

Week begins with gains

The ASPI closed in green as a result of price gains in counters such as Commercial Bank, Carson Cumberbatch and Melstacorp with the turnover crossing Rs. 7.7 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Cable Solutions, Sampath Bank, and Digital Mobility Solutions Lanka. Mixed interest was observed in Hatton National Bank, Lanka Ventures and Commercial Bank whilst reta

Yield curve holds steady amid mixed sentiment

The week opened with mixed sentiment in the secondary market.

Janashakthi Life outperforms industry in 2Q

Janashakthi Life has once again proven its mettle, delivering a stellar performance in 2Q 2025 and solidifying its position as one of Sri Lanka’s fastest-growing life insurers. Continuing its consistent growth path, Janashakthi Life’s first-year premium saw an impressive 61 percent increase over the same period last year, demonstrating not only strength but also exceptional agility in a challenging economic climate. As the flagship company of JX