Bling Productions-Eyeon’s Pixel Bloom recognised at WOW Awards Asia

In a landmark achievement for the Sri Lankan event industry, Bling Productions and Eyeon recently clinched two Silver awards and one Bronze award at WOW Awards Asia 2025—Asia’s most prestigious platform for recognising excellence in events and experiential marketing.

CSF Summer Fair 2025 concludes successfully

Colombo Shopping Festival (CSF) Summer Fair 2025 successfully concluded at the Sirimavo Bandaranaike Memorial Exhibition Centre (BMICH), following a massive response and participation of mostly satisfied consumers.

Int’l Construction Consortium unveils suspended beam slab system

In an era where speed, sustainability and efficiency define the future of construction, International Construction Consortium (Pvt.) Limited (ICC), one of Sri Lanka’s most innovative and forward-thinking construction companies, is poised to reshape the nation’s building landscape.

Sri Lanka’s economic output tipped to surpass pre-pandemic peak in 2026 – Bloomberg Economics

Sri Lanka’s economy is poised for a significant rebound, with projections indicating that the nation’s output will exceed its 2018 pre-pandemic levels by next year.

National consumer prices rise 0.6% in June on electricity tariff hike

Sri Lanka’s consumer prices, measured nationally, rose by 0.6 percent in June from a month ago levels, picking up from 0.5 percent in May, as the upward revision to the electricity prices in June sent the non-food prices higher.

Central Bank likely to ease rates further as economy slows – First Capital Research

The Central Bank is expected to cut its key interest rates at its monetary policy meeting today, with a 60 percent probability for a reduction, according to a pre-policy analysis by First Capital Research (FCR).

IMF reaffirms support for Sri Lanka in progressing globally with a stable economy

A discussion between President Anura Kumara Dissanayake and the representatives of the International Monetary Fund (IMF) was held yesterday at the Presidential Secretariat, regarding the future review of the Extended Credit Facility between the IMF and Sri Lanka.

US reciprocal tariffs on Sri Lankan goods forecast to ease by mid-2026

A new forecast from Bloomberg Economics suggests that the reciprocal tariffs imposed by the US on Sri Lankan exports are expected to gradually decrease, reverting to 10 percent by June 2026.

Prime Lands acquires Colombo 9 property from Lanka Realty in Rs.1.1bn deal

Lanka Realty Investments PLC (LRI) has announced the sale of a prime land parcel in Colombo 9 by its fully-owned subsidiary Baseline Holdings (Private) Limited, to Prime Lands Residencies PLC, for a total of Rs.1.1 billion. The deal was finalised on July 18, 2025, according to a corporate disclosure filed with the Colombo Stock Exchange.

ASPI surpasses the 19,000 mark

The ASPI closed in green as a result of price gains in counters such as DFCC Bank, Central Finance Company and Co-Operative Insurance Company with the turnover crossing Rs. 5.3 Bn. Meanwhile, the S&P SL20 closed in red. High net worth and institutional investor participation was noted in Sunshine Holdings, Central Finance Company and Access Engineering. Mixed interest was observed in RIL Property, Singer Sri Lanka and Lanka Realty

Flat opening to week as trading volumes dwindle

The secondary market opened the week on a quiet note, with the yield curve showing minimal movement and trading volumes remaining extremely light.

SLASSCOM to bridge IT sector management gaps

SLASSCOM has rolled out a specialised training programme to address the critical gaps in mid-level management within the IT sector.

WSO2Con Asia 2025: Special anniversary edition marks 20 years

Keynotes from WSO2 leadership and Prof. Kishore Mahbubani will explore long-term vision, technical advancement and the future of humanity

SriLankan Cargo joins Freightos

SriLankan Cargo, the air freight arm of SriLankan Airlines, has joined WebCargo by Freightos, a leading digital booking and payment platform for international freight.

DFCC Bank’s Investment Planner empowers SMEs

As part of its 70th anniversary initiatives, DFCC Bank has unveiled a strategic new financial solution aimed at enabling Sri Lanka’s small and medium enterprises (SMEs) to build capital over time and strengthen their long-term financial resilience.

NDB Bank strengthens Dubai remittance support

NDB Bank has strengthened its presence in Dubai with the appointment of Akila Bogahawatta as its dedicated remittance representative, underscoring the bank’s commitment to Sri Lankan expatriates in the UAE. Bogahawatta will serve as a one-stop liaison for all NDB remittance services, helping the customers select the fastest and most cost-effective channels to send money home.

Lanka Realty Investments advances strategic divestment and capital infusion

Lanka Realty Investments PLC (LRI) has taken two major steps in its strategic repositioning and financial

David Pieris Group distributes seed capital to promising Northern start-ups

In a milestone celebration of innovation, entrepreneurship and regional empowerment, David Pieris Group awarded over Rs.20 million in seed funding to selected young entrepreneurs at Thalir Seed Funding Award Ceremony 2025, held at North Gate Hotel in Jaffna.

OREL IT earns SL’s 1st TIA-942-C Design Certification

In a groundbreaking development for Sri Lanka’s technology sector, OREL IT has become the first organisation in the country to receive TIA-942-C Design Certification for its data centre facility in Nawinna, Maharagama. The certification confirms the facility meets Tier III standards, placing it among the world’s most reliable data infrastructure. This isn’t just another technical achievement. It’s proof that Sri Lankan companies can compete on th

Pelwatte Dairy Industries appoints Rajive Silva to board

Pelwatte Dairy Industries announced the appointment of Rajive Silva as its new Non-Executive Board Director. In his new role, he will be instrumental in positioning Pelwatte Dairy as a technology-driven leader in the dairy industry by implementing modern, efficient and scalable IT solutions.

SLT-Mobitel strengthens IESL’s Techno 2025

SLT-Mobitel has once again partnered with the Institution of Engineers, Sri Lanka (IESL) as the Principal Sponsor of Techno 2025.

ACCA Approved Employer status awarded to Achievers

Achievers Lanka Business School has been awarded the prestigious status of ACCA Approved Employer, a global recognition that affirms its steadfast commitment to the highest standards of professional training, development and support for the staff and students alike.

Port City Colombo’s investment potential showcased in Malaysia

Port City Colombo participated as a Strategic Partner at Sri Lanka Investor Trade and Tourism Forum 2025, held recently in Kuala Lumpur, Malaysia.

FDI more than doubles in 1H2025, signalling investor confidence

Sri Lanka’s foreign direct investment (FDI) inflows have more than doubled in the first six months of 2025, reaching US$ 507 million, a stark 101 percent increase from the US$ 252 million recorded in the same period last year.

New LTVs could favourably impact bank and finance company loan growth

Analysts anticipate that Central Bank’s revision to Loan-To-Value (LTV) ratios on vehicles, effective last Friday, will positively influence the growth of loans and leases across both banks and finance companies. This, in turn, could accelerate the overall demand for private sector credit.

Four Colombo Port City projects over US$ 1bn granted strategic status

Colombo Port City Economic Commission has formally designated four major real estate development projects as Primary Businesses of Strategic Importance, signalling a significant step forward in the development of the special economic zone.

Sri Lanka shines as top performer in AFC’s Asian Frontier Fund

Amidst a landscape of geopolitical uncertainty, Sri Lanka has emerged as the best-performing frontier market for Hong-Kong-based AFC Asia Frontier Fund in June 2025, demonstrating remarkable resilience and a robust economic comeback that is capturing investor confidence.

CMTA appoints Andrew Perera as Chairman

The Ceylon Motor Traders’ Association (CMTA), one of South Asia’s oldest automotive associations, recently hosted its 105th Annual General Meeting (AGM), at Hilton Residencies, Colombo.

BOC Flex 3rd winner gets iPhone 16 Pro Max

Bank of Ceylon (BOC) announced that the third winner of the BOC Flex app raffle draw was selected during the draw held in May 2025.

HNB Assurance holds 2025 Staff Conference

In a year that marked new milestones and continued momentum, HNB Assurance brought together its team from around the island for the 2025 Staff Conference, an evening dedicated to celebrating its people and the values that fuel the company’s remarkable rise.