IASL and IRCSL conduct public engagement programme in Matara

Marking a first in Sri Lanka’s insurance sector, the Insurance Regulatory Commission of Sri Lanka (IRCSL) and the Insurance Association of Sri Lanka (IASL) jointly led a comprehensive, full-day public engagement programme that brought together all insurance companies under a unified banner.

SLISA hosts inaugural School Leaders’ Summit to shape future of education

The Sri Lanka International Schools Association (SLISA) marked a significant milestone with the hosting of its inaugural School Leaders’ Summit on 6th July at the Lyceum Campus Auditorium, Nugegoda.

WEBXPAY’s rebrand turns every transaction into greater value

WEBXPAY, the payments partner trusted by more than 5,000 Sri Lankan merchants, launches a complete brand transformation centred on a single organising symbol, The Multiplier.

Ceylinco Life completes 6 ‘Waidya Hamuwa’ free health camps in first half

Ceylinco Life has successfully conducted six free health camps under its flagship ‘Waidya Hamuwa’ (Meet the Doctor) community health programme in the first half of 2025, continuing the Company’s longstanding commitment to improving public health outcomes in underserved areas.

LIIN and Good Market partner to strengthen MSMEs through impact investment ecosystem

In a landmark move to accelerate the growth of impact-driven enterprises in Sri Lanka, the Lanka Impact Investing Network (LIIN) and Good Market have entered into a strategic partnership focused on unlocking new pathways for investment and enterprise development.

Max Comics Universe marks milestone with official launch of Gen Z

Creative minds and industry leaders from Sri Lanka and India recently came together at the National Library Auditorium in Colombo to celebrate the launch of Gen Z, the debut printed graphic novel by Max Comics Universe (MCV).

Sri Lanka among top 3 summer getaways: Emirates search data

Sri Lanka is among the top three summer destinations for travel in July and August, according to the latest booking data of Emirates.

Dhammika Perera acquires majority stake in East West Properties for over Rs 3.2bn

Business leader Dhammika Perera has acquired a controlling stake in East West Properties PLC, purchasing approximately 77.40 percent of the company’s shares in a significant transaction valued at over Rs.3.2 billion.

CRTA warns of declining output as rubber sector confronts climate and trade challenges

Sri Lanka’s rubber industry is at crossroads at present with changes taking place in trade, climate, and global consumer expectations, and these have contributed to the falling output, the Ceylon Rubber Traders’ Association (CRTA) said.

CSE appoints new CRO

The Colombo Stock Exchange (CSE) yesterday announced the appointment of Nilupa Perera as the Chief Regulatory Officer (CRO), effective 9 July 2025 succeeding Renuke Wijayawardhane, who retires after a 31-year career at the CSE.

Crossings boost turnover

The ASPI edged down as a result of price losses in counters such as John Keells Holdings, C T Holdings and Hatton National Bank with the turnover crossing Rs. 8.8 bn.

T-Bill yields nudge slightly higher, secondary market stalls

Ahead of the T-Bond auction scheduled for July 11, market participants remained on the sidelines yesterday, leading to a dormant day in the secondary market.

Exporters warn against backdoor charges

The Joint Chambers of Commerce yesterday urged the government of Sri Lanka to engage in meaningful consultation with all recognised industry chambers before making decisions that directly impact trade, exports and the wider economy.

SL banking leaders join AIA’s Beijing Bancassurance Summit

AIA Group recently hosted its annual Bancassurance Summit 2025 in Beijing, bringing together senior executives and strategic banking partners from across the Asia-Pacific region.

ComBank with Hayleys Agriculture helps farmers acquire modern technology

Commercial Bank of Ceylon has partnered with Hayleys Agriculture to offer customised leasing and loan facilities to farmers investing in high-quality agricultural machinery supplied by Hayleys Agriculture, in a move designed to strengthen Sri Lanka’s vital agriculture sector through affordable access to modern equipment.

BCS launches NBQSA 2025

The BCS – The Chartered Institute for IT has once again marked a significant milestone with the successful launch of the 27th edition of National ICT Awards – NBQSA 2025, continuing its nearly three-decade legacy of recognising and rewarding innovation in Sri Lanka’s ICT sector.

HNB Leasing-Senok power commercial mobility with Eicher

HNB PLC announced a new partnership with Senok Commercial Vehicles (Pvt.) Ltd, the authorized distributor for Eicher vehicles in Sri Lanka, to provide flexible and accessible leasing solutions for customers looking to invest in reliable commercial transportation.

Blue Ocean Group and BOI ink US $ 3.38mn project

Blue Ocean Group inked a US $ 3.38 million project with Sri Lanka’s Board of Investment (BOI), strengthening its position with business continuity.

Singer Finance-DIMO expand customer benefits

Singer Finance PLC has entered into a strategic partnership with Diesel & Motor Engineering PLC (DIMO) to offer enhanced financial solutions to a wider customer base across the island.

Maldives premier culinary and hospitality event sees 200% increase in participants this year

The Hotel Asia Exhibition is back with one of the most important events in the Maldives, in terms of hospitality, with its famous culinary competition.

AMW and Orient Insurance uplift collision repair services

Associated Motorways (Pvt.) Ltd (AMW), one of Sri Lanka’s leading and most trustworthy names in the automative sector and sole distributor for Nissan and Suzuki, recently signed a memorandum of understanding (MoU) with Orient Insurance, a leading insurance provider.

Rodrigo to helm Nation Lanka Finance as CB-appointed administrator

The Central Bank (CB) has appointed P.W.D.N.R. Rodrigo as the administrator for the financially distressed Nation Lanka Finance PLC (NLFP), effective July 4, 2025.

Cement demand climbs to 4.7mn MT

But industry faces headwinds, says Tokyo Cement

NTC pushes digital shift with transit cards, Google Maps despite audit heat

The National Transport Commission (NTC) is advancing its plans to modernise Sri Lanka’s public transport system by introducing a prepaid transit card and integrating bus routes into Google Maps.

Potential Trump tariffs could trigger 50,000 job losses initially, warns FTZMA

Sri Lanka’s economy is bracing for a potential shockwave, as the Free Trade Zone Manufacturers Association (FTZMA) warns that the proposed tariffs by President Donald Trump could lead to a loss of approximately 50,000 jobs in the initial stages and render the nation uncompetitive in the South and Southeast Asian region.

Colombo Dockyard launches Rs.12.9bn rights issue

Colombo Dockyard PLC announced plans to raise over Rs.12.93 billion via a rights issue, offering 323.4 million new ordinary voting shares, at Rs.40.00 each, as the shipbuilding and repair company seeks to shore up its financial position and address the operational funding pressures.

Shippers’ Council defends freight rule against calls for review

The Sri Lanka Shippers’ Council (SLSC) yesterday mounted a defence of the nation’s state-mandated all-inclusive freight regulation, as the government signals willingness to review the regulation.

Week begins with foreign buying

Indices closed in red as a result of price losses in counters such as Melstacorp, Hatton National Bank and Commercial Bank with the turnover crossing Rs. 2.4 Bn. High net worth and institutional investor participation was noted in C T Holdings, Cargills and John Keells Holdings. Mixed interest was observed in Dipped Products, Access Engineering and Commercial Bank whilst retail interest was noted in Lanka Walltiles, Hela Apparel Holdings and Wata

SLASSCOM courts Indian tech giants with ‘tier-two city’ pitch

Sri Lanka’s IT/BPM industry has unveiled an aggressive new strategy to court the Indian tech giants, positioning the island nation as a premier “alternative tier-two city” for companies looking to expand and diversify their operations. The initiative was announced by the newly elected Sri Lanka Association for Software and Services Companies (SLASSCOM) Chairperson Shehani Seneviratne and is central to a renewed effort aimed at boosting the nation

Thin trading leaves yield curve on a standstill

Trading in the secondary market started the week with subdued activity, leaving the yield curve largely unchanged. Notable trades included the 15.02.2028 and 15.03.2028 maturities trading at the rate of 8.75%, while the 01.05.2028 and 15.06.2029 maturities exchanged hands at the rates of 8.80% and 9.35%, respectively.