HNB-SLIM launch graduate trainee programme

Reaffirming its commitment to developing future industry leaders, Hatton National Bank PLC (HNB) partnered with the Sri Lanka Institute of Marketing (SLIM) to introduce a graduate trainee programme designed to provide hands-on experience in sales and business development.

NCE strengthens regional trade links

In a landmark initiative to promote inclusive economic development and strengthen Sri Lanka’s export capacity, the National Chamber of Exporters of Sri Lanka (NCE) recently led a high-level business delegation to Trincomalee and Jaffna.

MillenniumIT ESP expands into Australia

MillenniumIT ESP, a leading technology solutions provider, announced its expansion into the Australian market, marking its fifth international location.

INSEE Sanstha, SL’s most trusted cement brand again

INSEE Sanstha Cement has once again been crowned the People’s Housing and Construction Brand of the Year 2025, at the prestigious SLIM Kantar People’s Awards, ushering in an unprecedented 14th consecutive win.

JXG wins Best Management Practices Company Award

JXG (Janashakthi Group) was honoured with the Best Management Practices Company (BMPC) 2025 Award for the Diversified Group of Companies.

CCC in another global first with EPD for safety gloves

The Climate and Conservation Consortium (CCC) announced its role in a historic sustainability milestone with the publication of the first-ever Environmental Product Declaration (EPD) for a safety glove on the International EPD System (IES) global platform.

Women in Tech Conference 3.0 marks step forward for diversity, leadership

The much-anticipated Women in Tech Conference 3.0, organised by SLASSCOM in collaboration with the London Stock Exchange Group (LSEG), successfully concluded recently at Cinnamon Grand, Colombo.

Colombo’s first fully automated terminal opens

CWIT brings US $ 800mn boost to South Asia’s trade future

Tourist arrivals up by 11.5% in first week of April

Sri Lanka’s tourism sector kicked off April recording 38,615 tourist arrivals for the first six days of the month, which is a 11.5 percent year-on-year growth, the latest data from the Sri Lanka Tourism Development Authority showed.

Central Bank collects US $ 402mn in Fx in March

The Central Bank has continued with its dollar buying binge for the third consecutive year. This is after a record amount of foreign currency was purchased in 2024 from the banking system to both rebuild the foreign currency reserve buffer in the country as well to prevent undue volatility. According to the data, the Central Bank has purchased as much as US $ 401.9 million and no sales in March, making it the highest monthly foreign currency pu

Cargills Bank takes legal action after cyberattack

Cargills Bank PLC has filed legal action in Sri Lanka to prevent the circulation of data allegedly stolen during a recent cyberattack, the lender said in a statement yesterday. The bank lodged a petition on April 04, at the Chief Magistrate’s Court of Colombo, under Section 24 of Online Safety Act No. 9 of 2024. The internet service providers in Sri Lanka and Telecommunications Regulatory Commission of Sri Lanka (TRCSL) have been named as respond

CB releases Annual Economic Review 2024

Central Bank Governor Dr. P. Nandalal Weerasinghe presents Annual Economic Review 2024 to President and Finance, Planning and Economic Development Minister Anura Kumara Dissanayake in the presence of Secretary to President Dr. N.S. Kumanayake, Treasury Secretary K.M.M. Siriwardana, Central Bank Senior Deputy Governor K.M.A.N. Daulagala, Assistant Governor Dr. C. Amarasekara, Director Economic Research Dr. S. Jegajeevan and Economic Research Addit

Browns unveils new state-of-the-art manufacturing, warehouse facility in Katunayake

In keeping with its vision to consistently evolve and address accelerated business growth needs, Brown & Company PLC recently unveiled its new state-of-the-art manufacturing and warehouse facility in Katunayake. Strategically located within minutes of Bandaranaike International Airport and the nation’s rapidly evolving highway network, the space is positioned to significantly enhance Browns’ logistical capabilities. The hub will enable seamless

Market uncertainty drives inclines in yield curve

The secondary market yield curve faced selling pressure continuing from the previous days, driven by market uncertainty as participants awaited clearer direction into the potential impact of the US reciprocal tariff on the Sri Lankan economy.

Indices close in red

Indices closed in red as a result of price losses in counters such as Commercial Bank, Hatton National Bank and Sampath Bank with the turnover crossing Rs. 6.5 Bn. High net worth and institutional investor participation was noted in Diesel & Motor Engineering, John Keells Holdings and Teejay Lanka. Mixed interest was observed in Sampath Bank, Hatton National Bank and Commercial Bank whilst retail interest was noted in RIL Property, LOLC Finance a

Delegation from Asia Pacific Group on Money Laundering visits SL

A high-level delegation from the Asia Pacific Group on Money Laundering (APG) visited Sri Lanka during March, to provide critical insights and support for the upcoming Mutual Evaluation (ME) on Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) framework of Sri Lanka, scheduled to commence in March 2026. The delegation engaged with local authorities to discuss Sri Lanka’s preparedness for this important evaluation. The int

CEAT increases share in Sri Lanka’s OE tyre market

Six years after it entered into its first Original Equipment Manufacturer (OEM) partnership in Sri Lanka, CEAT Kelani Holdings has grown into a significant contributor of value addition to the country’s burgeoning automobile assembly industry. Locally-manufactured CEAT tyres are now original equipment in 11 brands of vehicles rolling off assembly lines in Sri Lanka, ranging from Sports Utility Vehicles (SUVs), cars, buses, lorries, pick-up trucks

DFCC ONE setting new standard for digital banking in Sri Lanka

DFCC ONE, DFCC Bank’s flagship mobile banking application, is setting a new standard for digital banking in Sri Lanka. A pioneer in digital innovation, DFCC bank has reimagined banking to enhance convenience, security and accessibility. Built on real customer insights and cutting-edge technology, DFCC ONE consolidates simplicity, security and personalisation into one dynamic platform. Omar Sahib, Vice President and Chief Digital Officer, discusse

Dr. Ranasoma appointed MD of Hemas Pharmaceuticals and Hemas Surgicals

Hemas Pharmaceuticals and Hemas Surgicals & Diagnostics has appointed Dr. Mahesha Ranasoma as its Managing Director, effective April 2, 2025. For over six decades, Hemas Pharmaceuticals has played a pivotal role in strengthening Sri Lanka’s healthcare sector. Through long-standing partnerships with globally renowned healthcare principles, the company has consistently ensured access to high-quality, safe, and effective healthcare solutions across

Radisson Blu Resort Galle welcomes Kedar Dighe as new GM

Radisson Blu Resort Galle announced the appointment of Kedar Dighe as its new General Manager. With a career spanning nearly two decades in the hospitality industry, Dighe brings a wealth of experience in hotel operations, business development, and customer experience enhancement. Having previously served in leadership roles at international hotel brands, including Marriott and Accor, Dighe has a track record in driving revenue growth, optimizing

Hayleys Solar secures two accolades at National Industry Brand Excellence Awards

Hayleys Solar, the renewable energy arm of Hayleys Fentons secured two accolades at the National Industry Brand Excellence Awards 2024 held recently. Organised by the Industrial Development Board of Ceylon (IDB) under the guidance of the Ministry of Industries, the awards ceremony took place on 21st February 2025 at Eagles’ Lakeside, Attidiya, celebrating outstanding achievements in Sri Lanka’s industrial sector. Strengthening its position as a

Amana Takaful Insurance continues to lead as SL’s Most Awarded Insurer

Amana Takaful Insurance has once again been recognized as Sri Lanka’s most awarded insurance provider, securing its place among the Top 3 Most Awarded Entities in Sri Lanka for 2024 and earning a spot in the LMD Hall of Fame Top 50. With 49 accolades across local and international platforms in 2024, this recognition highlights the company’s unwavering dedication to excellence. Amana Takaful Insurance has also been recognized for its innovation a

Pan Asia Bank launches Leasing Cross-Country Campaign

Pan Asia Bank announced the launch of Sri Lanka’s first-ever Leasing Cross-Country Campaign, bringing exceptional leasing solutions closer to customers across Sri Lanka.

Union Assurance hosts National Business Launch

Union Assurance hosted its National Business Launch event at Monarch Imperial, attended by the senior management and over 500 members of its agency force. Held under the theme ‘Rise to Brilliance’, the event aimed to recognise and reward the outstanding achievements of the company’s top-performing advisers. As part of the company’s commitment to celebrating excellence, the National Business Launch event featured a grand awards ceremony where t

India, Sri Lanka and UAE forge trilateral partnership to develop Trincomalee as regional energy hub

In a landmark move to bolster regional energy security and economic collaboration, Sri Lanka, India and the United Arab Emirates (UAE) have signed a trilateral memorandum of understanding (MoU) to transform Trincomalee into a strategic energy hub.

NCE welcomes government initiative to convene quarterly meetings of EDCM

The National Chamber of Exporters of Sri Lanka (NCE) warmly welcomes the government’s initiative to convene quarterly meetings of the Export Development Council of Ministers (EDCM), a high-level forum chaired by the President of Sri Lanka, bringing together key stakeholder ministers to assess progress and address challenges in the country’s export development agenda.

SLAITO and SLCB tie-up to encourage tourism innovations at MICE conclave

The Sri Lanka MICE Tourism Conclave (SLMTC) 2025, organized by the Sri Lanka Association of Inbound Tour Operators (SLAITO) in collaboration with the Sri Lanka Convention Bureau (SLCB), will be held on 24th May at the BMICH, Colombo.

Prime Residencies unveils ‘Tower Amari’

Prime Lands Residencies PLC has unveiled ‘Tower Amari, signifying the commencement of the third and final phase of the landmark Colombo Border development.

Zainab Hussain wins EO Sri Lanka GSEA 2025

Zainab Hussain, Founder of Swing by Ryz, was crowned the winner of the EO Sri Lanka Global Student Entrepreneur Awards (GSEA) 2025, securing a cash prize of Rs. 200,000 and earning the opportunity to represent Sri Lanka at the EO Global Quarter Finals.

BYD opens Galle showroom

BYD, the world’s leading New Energy Vehicle (NEV) manufacturer, together with its authorized Sri Lankan distributor, John Keells CG Auto (JKCG Auto), has expanded its footprint with the launch of its newest showroom on the Southern Expressway Entrance Road in Nugaduwa, Galle.