Stock Exchange to launch Central Counterparty framework in July

The Colombo Stock Exchange (CSE) is set to launch a Central Counterparty (CCP) framework next month, marking a significant advancement in the evolution of Sri Lanka’s capital market infrastructure.

World Bank seeks top-tier consulting firm to craft SL’s ambitious IT roadmap

The World Bank has initiated a global search for a top-tier consulting firm to chart the future of Sri Lanka’s burgeoning information technology sector.

War clouds continue but yield curve shows no shift

Increasing concerns over looming global uncertainty have left secondary market participants cautious, with investors adopting a wait-and-see approach. As a result, the yield curve held its breath, witnessing low volumes and minimal market activity.

Crossings boost turnover

The ASPI closed in red as a result of price losses in counters such as National Development Bank, LOLC Holdings and DFCC Bank with the turnover crossing Rs. 6.8 bn.

EDB-ADB formulate SL’s 2025-2029 National Export Development Plan

The Sri Lanka Export Development Board (EDB), together with the Asian Development Bank (ADB), is steadily progressing in the development of the National Export Development Plan (NEDP) for 2025-2029.

People’s Bank honoured for data excellence

People’s Bank reaffirmed its industry leadership by receiving top honours at CRIB CEO’s Forum and Institutional Rating Awards Ceremony 2025, held recently at Cinnamon Grand, Colombo.

BOC hosts Future of Finance session

Bank of Ceylon (BOC) successfully hosted a thought leadership session titled ‘Future of Finance’ recently at its head office.

Union Bank opens Negombo Elite Circle Centre

Extending its exclusive banking services, Union Bank recently opened its newest Elite Circle Centre at the Union Bank Negombo branch, offering the customers personalised and premium banking services.

NDB holds Negombo Auto Carnival

Continuing its commitment to empowering dreams of vehicle ownership across Sri Lanka, NDB Leasing successfully concluded yet another exciting edition of NDB Auto Carnival, this time in Negombo.

Sampath Bank pioneers SL’s standardised API banking platform

Sampath Bank has set a new milestone as the first bank in Sri Lanka to launch a standardised Application Programming Interface (API) platform.

CA SL rings CSE bell to mark 65th anniversary

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) marked a historic milestone by ringing the ceremonial bell at the Colombo Stock Exchange (CSE) to commemorate its 65th anniversary.

Resus Energy connects 5 MW solar PV power plant to national grid

Resus Energy PLC recently connected a 5 MW ground-mounted solar PV power plant to the national grid.

Three Sinha Industries honoured for best inquiry management system

Three Sinha Industries (Pvt.) Ltd has been recognised for its excellence in customer service and operational efficiency, taking home the Best Inquiry Management System award at the INCO Awards organised by the Institute of Incorporated Engineers of Sri Lanka.

SLT-Mobitel supports SLIoT Challenge 2025

SLT-Mobitel reaffirmed its unwavering commitment to innovation and youth empowerment by celebrating next-gen tech talent at SLIoT Challenge 2025, Sri Lanka’s premier internet of things (IoT) competition, which concluded recently.

Gestetner appoints new directors

Gestetner of Ceylon PLC has appointed two renowned commercial specialists in their respective fields to the board of directors.

DPMC opens Embilipitiya Bajaj three-wheeler dealership

David Pieris Motor Company (Private) Limited (DPMC) opened a new Bajaj three-wheeler dealership in Embilipitiya, marking a major milestone as this is the first Bajaj dealership since the reopening of vehicle imports after a five-year pause.

Arpico unveils NextGen mattress

Arpico recently revealed Arpico NextGen, its pioneering new mattress design with air cooling pocket technology.

CRIB Hosts Annual CEOs Forum and Institutional Awards Ceremony 2025

The Credit Information Bureau of Sri Lanka (CRIB) successfully held its Annual CEOs Forum and Institutional Awards Ceremony 2025 titled ‘Data in Action – Change in Motion’. The event was graced by the Governor of the Central Bank of Sri Lanka, Dr. Nandalal Weerasinghe, who attended as the Chief Guest.

Road ahead demands steadfast focus on sustaining reform agenda: CB Governor

Sri Lanka must maintain a firm focus on reforms, private sector empowerment and consistent policymaking, to secure a lasting economic recovery and sustainable debt levels, Central Bank Governor Dr. Nandalal Weerasinghe said yesterday, cautioning that the country’s transition remains fragile.

“This time must be different!” IMF First Deputy MD Dr. Gita Gopinath tells SL

Sri Lanka received what can be called a charged address from the International Monetary Fund (IMF) yesterday, which declared that the island nation’s recovery from its worst economic crisis in decades must not be wasted.

Sri Lanka’s economy expands 4.8% in 1Q25 on robust industrial activities

Sri Lanka’s economy expanded by 4.8 percent in the first quarter ended in March 2025, extending the recovery, which set off in the third quarter of 2023, the data released from the Census and Statistics Department showed.

SL will lay groundwork for a self-reliant economy by 2028: Prez

Sri Lanka would lay the groundwork for a self-reliant economy by 2028, President Anura Kumara Dissanayake said yesterday, as the island nation works to break from cycles of economic fragility and external debt dependency.

Industrial activities pick up momentum despite slowing in April due to holidays

The industrial heft of the country, measured by the Index of Industrial Production, slipped in April from March, due to factory closures during the traditional new year holidays but the index was up from the same period a year ago, signalling that the activities are regaining strength.

Week begins in red

Indices closed in red as a result of price losses in counters such as Hatton National Bank, Commercial Bank and LOLC Holdings with the turnover crossing Rs. 3.1 Bn. High net worth and institutional investor participation was noted in Citizens Development Business Finance, Hemas Holdings and Central Finance Company.

Geopolitical tension nudges yields slightly higher

Heightened global political uncertainty has weighed on the secondary market, sparking bouts of selling amid moderate trading volumes.

DFCC Bank empowers Lankan students with 100% funded global education loans

In a bold move to break financial barriers to international education, DFCC Bank PLC has announced the launch of a 100 percent funded student loan programme in strategic partnership with ACH Education, enabling Sri Lankan students to pursue their academic dreams abroad with confidence and ease.

Technocity unveils Lenovo Evolve’25 featuring AMD’s Krackan Point APU

In a landmark event that reaffirms its commitment to advancing Sri Lanka’s digital landscape, Lenovo, the global technology giant, together with The Technocity Pvt Ltd, hosted the Technocity Edition of Lenovo Evolve’25 at the Shangri-La Hotel, Colombo.

New domestic airline receives AOC for Colombo–Jaffna passenger operations

David Peiris Aviation (Pvt) Ltd, a newly established domestic airline and a subsidiary of the David Peiris Group, has officially received its Aircraft Operator Certificate (AOC) and operations specifications (Ops-Specs) from the Civil Aviation Authority of Sri Lanka (CAASL) to operate scheduled domestic passenger flights after obtaining the Airline License.

Hayleys Aventura expands footprint to Polonnaruwa with weighing solutions centre

Hayleys Aventura, the industrial solutions arm of Hayleys Group, has opened a new Avery Weigh-Tronix Sales and Service Centre in Polonnaruwa, marking a strategic step in expanding its support for critical industries across the North Central and Eastern provinces.

ComBank conducts farmer programmes in Batticaloa, Welimada

The Commercial Bank of Ceylon has further strengthened its commitment to agricultural transformation in Sri Lanka by conducting two impactful programmes in Batticaloa and Welimada, aimed at equipping farmers — particularly youth — with the tools, knowledge, and confidence to embrace modern, sustainable cultivation practices. Both events were carried out under the bank’s Agri Modernisation Project, underscoring the bank’s role as a leading enable