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The Great Place To Work FOR ALL Regional Conference 2025 returns this September at Hilton Colombo, uniting local and regional thought leaders and workplace culture champions under the theme ‘Culture Capital: Trust | People | Performance’.
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The local construction industry risks widespread collapse if urgent relief is not extended to the struggling firms, the Chamber of Construction Industry of Sri Lanka (CCISL) warned, citing a growing wave of parate executions by the banks on the mortgaged assets.
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Commercial Bank of Ceylon saw its Rs.15 billion green bond issue oversubscribed on the opening day (August 4). The Basel III-compliant Tier 2 listed bond comprised an initial issue of 100 million unsecured subordinated redeemable green bonds, with a non-viability conversion feature, priced at Rs.100 each, to raise Rs.10 billion. The bank exercised an option to issue a further 50 million bonds, following the oversubscription.
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Indices closed in red as a result of price losses in counters such as John Keells Holdings, Melstacorp and National Development Bank with the turnover crossing Rs. 4.5 Bn. High net worth and institutional investor participation was noted in John Keells Holdings, CT Land Development and Ceylon Cold Stores. Mixed interest was observed in DFCC Bank, Pan Asia Banking Corporation and Hatton National Bank whilst retail interest was noted in Industrial
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The Colombo Rubber Traders’ Association (CRTA) extends its heartfelt appreciation to the Government of Sri Lanka for its successful diplomatic and trade negotiations leading to the reduction of import tariffs on rubber product exports from Sri Lanka to the United States—from 30 percent to 20 percent.
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US-based SpaceX has appointed Singer Sri Lanka as the authorized retailer of Starlink in Sri Lanka. This announcement marks a significant step in revolutionizing internet accessibility across the country, especially in regions historically underserved by traditional connectivity solutions. Starlink, developed by global aerospace innovator SpaceX, is a high-performance satellite internet system designed to deliver fast, reliable and truly unlimite
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The Sri Lanka Association of Manufacturers and Exporters of Rubber Products (SLAMERP) expresses its deep appreciation to the Government of Sri Lanka for its timely and effective diplomatic efforts, which have led to the successful reduction of the U.S. reciprocal tariff on rubber-based exports to 20 percent, down from the initially proposed 44 percent.
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The Plastics and Rubber Institute of Sri Lanka (PRISL) extends its sincere appreciation for the recent decision by U.S. President Donald Trump to reduce and finalize the tariff rate to 20 percent on Sri Lankan exports to the United States.
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At a time when Sri Lanka faces profound political, economic and social challenges, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) is set to ignite an ‘UPRISE’ by empowering Chartered Accountants to lead with vision, courage and purpose at its 46th National Conference of Chartered Accountants, scheduled to take place from October 08 to 10, 2025, at Monarch Imperial, Sri Jayewardenepura.
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Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, has expanded its 5G roaming footprint to 70 countries in collaboration with 150 global mobile operators – reinforcing its commitment to delivering seamless mobile connectivity and high-speed data access for Sri Lankan travellers, whether flying for business or leisure.
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Bank of Ceylon (BOC) has been named as Sri Lanka’s Most Valuable Brand for 2025 by Brand Finance Lanka, with a brand value of Rs.57.4 billion, reflecting a 14.3 percent increase compared to the previous year, marking yet another significant achievement in its storied legacy.
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In a landmark move for Sri Lanka’s digital economy, Surge Global and Calcey Technologies have joined forces in a US$ 40 million transaction to form Short Circuit Pte Ltd – a regional tech powerhouse built to deliver transformation at scale, with deep operational discipline for growth-stage companies and enterprises alike.
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Janashakthi Insurance PLC and Janashakthi Finance PLC, two strategic business units of JXG (Janashakthi Group), recently relocated their respective head offices to the Bishop’s Gate Building at No. 338, T.B. Jayah Mawatha, Colombo 10.
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In a display of market leadership and performance, LOLC Holdings PLC cemented its position as Sri Lanka’s most diversified and future-focused conglomerate with an extraordinary sweep at the National Business Excellence Awards (NBEA) 2025, organized by the National Chamber of Commerce of Sri Lanka (NCCSL).
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With the launch of the landmark City of Dreams Sri Lanka last Saturday, the nation is being positioned as a potential gaming and tourism hub for South Asia, with Melco Resorts & Entertainment Chairman and CEO, Lawrence Ho, drawing a powerful parallel: “Sri Lanka to India to be what Macau is to China.”