Fairway Holdings ‘Art & Jazz on the Street’ brings life to Colombo Fort

Art & Jazz on the Street, a vibrant monthly event by Fairway Holdings & Fairway Colombo, is transforming Colombo Fort into a hub of creativity and culture.

Top-performing Lotus Tyre dealers rewarded

Samson Rubber Industries, the manufacturer and distributor of Lotus Tyres, recently rewarded its top-performing dealers and their families with overseas and local travel experiences offering trips to Bangkok for the top achievers and a relaxing two-day stay at the RIU Hotel in Ahungalla for other high-performing dealers.

Under Armour by Abans opens at One Galle Face Mall

Global athletic apparel leader Under Armour by Abans has marked yet another milestone in Sri Lanka with the opening of its third and newest Brand House at the One Galle Face Mall recently.

Domino’s Sri Lanka opens latest outlet at Independence Arcade

Domino’s Sri Lanka announced the opening of its newest outlet at the Independence Arcade, marking another significant milestone in the brand’s growth across the island.

Chinese Dragon Café opens flagship outlet in Jaffna

Chinese Dragon Café (CDC) has opened its latest outlet in Jaffna, marking a new chapter in the restaurant’s long-standing presence across the island.

Govt.’s learning curve ending, project momentum building: Construction sector

A top construction industry leader voiced cautious optimism for Sri Lanka’s construction sector, suggesting the government’s initial “learning curve” is now over and is anticipating a new sense of urgency in project

Tea exports expand in 1H despite softer prices

Sri Lanka’s tea exports rose in volume terms during the first half of 2025, though export earnings were pressured by lower average prices, data from Forbes & Walker Research showed.

Overseas Realty reports Rs 4.7bn PBT in 1H25

Overseas Realty (Ceylon) PLC recorded a Group Revenue of Rs 5,258 million and a Group Profit Before Tax of Rs 4,676 million for the 6 months ending 30 June 2025.

SC affirms Commercial High Court’s jurisdiction to hear Contempt Proceedings under Companies Act

In a significant ruling, the Supreme Court has affirmed that the Commercial High Court holds the jurisdiction to hear and determine contempt proceedings stemming from violations of its interim orders

Japan grants Rs. 687mn for postgraduate training of Sri Lanka’s public officials

Japan on yesterday extended a grant of 332 million Japanese Yen (about Rs. 687 million) to support postgraduate education for Sri Lanka’s public officials, deepening a long-running initiative aimed at

Industrial Asphalts (Ceylon) to divest key Peliyagoda property for Rs. 1.31bn

Industrial Asphalts (Ceylon) PLC (IAC) has announced its Board of Directors’ resolution to sell its primary investment property located in Peliyagoda for a sum of Rs. 1.3125 billion.

Secondary market withstands yet another lethargic session

The secondary market witnessed mixed activity yesterday amid thin volumes prompting the quiet spell that has been evident across the last couple of days to persist. The number of significant trades that took place

Indices continue to close in green

The ASPI closed in green as a result of price gains in counters such as Ceylinco Holdings, Central Finance Company and National Development Bank with the turnover crossing Rs. 6.2 bn.

Capital market content to be integrated into proposed financial literacy curriculum

A seminar on ‘Financial Literacy’ was held recently at the Education Ministry, providing a platform for the stakeholders involved in the ongoing education sector reforms to contribute to the integration of financial

Sampath Bank launches private banking units at 6 premier branches across SL on a single day

Sampath Bank PLC marked a significant milestone in its exclusive banking journey with the unveiling of private banking units at six key branch locations: Kandy, Kurunegala, Narahenpita, Negombo, Panadura

VOLT-Keells bring 1st commercial EV fast charging station to North

In a move that enhances both accessibility and affordability in Sri Lanka’s evolving transportation landscape, VOLT Charge, the country’s fastest-growing EV charging company and a subsidiary of JAT

Ceilao Insurance Brokers-Nawaloka Hospitals redefine healthcare accessibility

Ceilao Insurance Brokers announced a groundbreaking exclusive partnership with Nawaloka Hospitals.

Sri Lanka-Pakistan Business Council holds 33rd AGM

The 33rd Annual General Meeting (AGM) of the Sri Lanka-Pakistan Business Council (SLPBC) was held recently, attended by Major General (R) Faheem Ul Aziz, HI (M) High Commissioner of Pakistan in Sri

Home Lands Records Highest Sales Done in a Month in History

Home Lands, Sri Lanka’s No. 1 and most trusted real estate developer, has once again reaffirmed its market leadership by achieving a historic milestone in the country’s property sector. The company

APB leads dialogue on technology and cyber risk supervision

KPMG to clarify VAT for non-resident service providers

KPMG Sri Lanka is hosting an essential webinar titled ‘VAT on Non-Resident Service Providers’ that aims to explore the latest changes and expectations in the Value Added Tax (VAT) regulations affecting

Trinity Global introduces LTW 200, entry-level BO2

Trinity Global (Pvt.) Ltd unveiled its highly anticipated electric two-wheeler line-up recently at Canelra Hall, Kadawatha.

ALT X launches Kodak SoundBrix on Amazon USA

Altered Experience (ALT X), Sri Lanka’s international award-winning business solutions company, has reached a significant milestone by launching Kodak SoundBrix on Amazon USA, becoming one of the very

Uber Rides, Eats now available in Jaffna

Uber announced the launch of its services in Jaffna, marking a significant milestone in its nationwide expansion.

Women in construction industry recognised

On the theme ‘Women in Construction’, with the support of the German Grafts Chamber (HWK of Frankfurt – Rhein Maine), the Chamber of Construction Industry of Sri Lanka set out to select female participation in

Why risk management in equity clearing, settlement critical for market stability

In today’s dynamic world of equity markets, every trade represents an agreement between two parties to exchange of cash and securities on a future date.

Central Bank stays pat on key policy rate as economic indicators move in right direction

The Central Bank left its key policy rate unchanged at its fourth monetary policy announcement yesterday, as Governor Dr. Nandalal Weerasinghe said all macroeconomic indicators are moving in the right direction, capturing the sentiments of the Monetary Policy Board, which decided the current policy stance is just about at the right level to accomplish their mandate in maintaining price stability.

President orders probe into state-run aviation entities

President Anura Kumara Dissanayake has launched a high-level investigation into the alleged fraud and governance failures at SriLankan Airlines Ltd and Airport and Aviation Services, two of the country’s key state-owned enterprises in the aviation sector, the President’s Media Division said.

Inflation projected to breach 5% target in early 2026: Bloomberg Economics

Inflation in Sri Lanka is expected to make a comeback this quarter and is on a trajectory to exceed the Central Bank of Sri Lanka’s (CBSL) 5 percent target in the first quarter of 2026, according to a new report from Bloomberg Economics.

CBSL holds policy rate steady; modest uptick in secondary market activity

The Central Bank of Sri Lanka (CBSL), at its meeting held on July 22, 2025, decided to maintain the Overnight Policy Rate (OPR) at the current level of 7.75%. The CBSL has indicated that the current monetary policy stance will help steer inflation towards the target of 5% in the period ahead while supporting growth.