Barista launches part-time work programme for youth

Barista, Sri Lanka announced the introduction of a flexible part-time work programme tailored for young individuals looking to gain practical experience, develop essential workplace skills, and earn an income while pursuing their studies.

TALIEE revolutionising Entrepreneurial and Leadership Education in Sri Lanka

The Academy of Leadership, Innovation, and Entrepreneurship Excellence (TALIEE) is transforming entrepreneurship and leadership education by introducing entrepreneurship programmes in Sinhala and Tamil for the first time in Sri Lanka.

Trump targets trade with tough tariffs

The United States has imposed a 44 percent reciprocal tariff on Sri Lankan exports, sending policymakers into panic mode as they scramble to assess the impact and seek relief for the trade-

Apparel sector in jeopardy as US slaps new reciprocal tariff

Sri Lanka’s apparel sector, the country’s largest export industry, is bracing for a major setback after the United States announced steep tariff hikes on imports, a move, which according to the industry, could

HNB pulls out of Bank Alfalah acquisition plans

Hatton National Bank (HNB) of Sri Lanka has withdrawn its non-binding offer to acquire Bank Alfalah’s operations in Bangladesh.

EDB and Sri Lanka Police sign MoU to strengthen financial crime investigations

The Export Development Board (EDB) and the Sri Lanka Police have signed a bilateral Memorandum of Understanding (MoU) to strengthen mutual cooperation in investigations related to anti-money laundering

Ceylon Chamber calls for united front to tackle US tariff impact

The Ceylon Chamber of Commerce (CCC) yesterday urged all stakeholders to collaborate in ensuring that Sri Lanka’s trade interests are safeguarded while actively pursuing diplomatic and policy-driven solutions

John Keells Holdings exits Tea Smallholder Factories

John Keells Holdings PLC (JKH) has divested its entire 37.62 percent equity stake in Tea Smallholder Factories PLC for a total of Rs.395 million.

Sala Enterprises eyes South and Southeast Asian markets with AI-powered mouse exports

Sala Enterprises, the Sri Lankan company behind the recently launched E Mark AI Mouse, the nation’s first AI-powered hardware device, plans to expand its market reach by exporting the innovative product to South and Southeast Asian countries.

U.S. tariff proposals dampen investor sentiment; yield curve increases by 10-15bps

After the announcement of reciprocal tariffs by the U.S. yesterday morning, the secondary market experienced selling pressure, causing the yield curve to rise across the board.

Indices close in red

Indices closed in red as a result of price losses in counters such as Commercial Bank, Hayleys and Melstacorp with the turnover crossing Rs. 3.8 bn.

Expertise France and CSE host Stakeholder Consultation Session

Expertise France, in collaboration with the Colombo Stock Exchange (CSE), hosted a pivotal Stakeholder Consultation Session on ‘Challenges for Issuing Corporate Green Bonds in Sri Lanka’, at Galle Face Hotel, Colombo, engaging over 75 participants.

Prime Lands Residencies appoints Prof. Amaratunge to board

Prime Lands Residencies PLC announced the appointment of Senior Professor Sampath Amaratunge as an Independent, Non-Executive Director to the board.

NDB Wealth’s Xapp simplifies investing

NDB Wealth introduces Xapp, a seamless digital investment platform designed to remove barriers to investing and make wealth-building more accessible than ever.

HNB completes strategic HR transformation

HNB PLC announced the successful completion of an ambitious and comprehensive transformation of its human resources (HR) framework, as part of a broader mission to ensure a high-performing, future-ready workforce.

HNB Assurance launches ‘in.together’ DEI initiative

HNB Assurance launched ‘in.together’, the company’s diversity, equity and inclusion (DEI) initiative, in partnership with Diversity Collective, a leading consultancy focused on creating inclusive workplaces.

Dialog Sets a New Record with Download Speeds Exceeding 6Gbps

Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, in collaboration with Huawei and Samsung, has achieved a significant milestone in its 5G journey by demonstrating 6.2Gbps speeds on its 5G

LOLC Technologies’ OASYS^ to revolutionise business process automation

LOLC Technologies recently launched its revolutionary solution OASYS^ to its partner network through Sanfer Technologies, a fully-owned subsidiary of South Asian Technologies.

ISMM expands strategic partnerships

The Institute of Supply and Materials Management (ISMM) has taken a significant step in strengthening Sri Lanka’s supply chain industry by expanding its strategic partnership initiative.

‘Women Behind the Vows’ celebrates women powering wedding industry

On the evening of March 30, 2025, a very special gathering took place—one that brought together the talented, hardworking women who are often the unseen forces behind unforgettable wedding days.

SLIC General-Education Ministry launch Suraksha insurance scheme

Sri Lanka Insurance General in collaboration with the Education, Higher Education and Vocational Education Ministry, has launched the Suraksha insurance scheme, a national initiative aimed at ensuring the health and well-being of Sri Lankan schoolchildren.

Amana Life Insurance delivers attractive returns to policyholders

Amana Takaful Life Insurance PLC has once again demonstrated its commitment to delivering unparalleled financial security and growth, delivering attractive returns for the long-term policyholders for 2024.

Ceylinco Life felicitates titans

Ceylinco Life honoured the ‘titans’ of the company’s success at a two-day extravaganza at Cinnamon Life.

Orel IT wins BMPC Awards

Orel IT, a global technology company, leading in next-gen technology solutions, has earned dual recognition at Best Management Practices Company Awards (BMPC) 2025.

Sri Lanka yet to assess impact of US reciprocal tariffs

Sri Lanka is yet to assess the impact of the reciprocal tariffs imposed by the Trump administration, which take effect today, April 3, following the announcement on April 2. US President Donald Trump has referred to this as the “Liberation Day” for the US trade policy.

Sri Lanka targets US $ 6.25mn revenue annually from destination weddings

Sri Lanka is positioning itself as a premier global destination for high-profile weddings, as it aims to attract 20-25 luxury weddings annually, with an estimated revenue potential of US $ 6.25 million.

Cargills Bank says core operations unaffected by data breach

Cargills Bank yesterday said its core operations remain fully secure and functional, despite a cybersecurity incident that occurred last month. In a disclosure to the Colombo Stock Exchange late last evening, the bank assured all banking services continue to operate normally and that the customers can conduct transactions with confidence.

Colombo joins Emirates’ list of destinations for upgraded B777 experience

Emirates announced yesterday that Colombo would be among the next eight destinations to be served by the airline’s B777s with the upgraded cabins, as the airline’s retrofit programme continues to progress at an impressive pace, with an aircraft receiving a nose-to-tail facelift and rolling out into service every three weeks. Colombo is set to receive the Boeing 777 with refreshed interiors from August 10, 2025 on its daily EK 650/651 flights. The

Fitch rates BOC’s Basel III subordinated debt ‘A(EXP)(lka)’

Fitch Ratings yesterday assigned Bank of Ceylon’s (BOC) (CCC+/CCC+/AA-(lka)/Stable) proposed Basel III-compliant subordinated unsecured debentures of up to Rs.15 billion an expected National Long-Term Rating of ‘A(EXP)(lka)’. The proposed debentures will mature in five years and be listed on the Colombo Stock Exchange. The bank plans to use the proceeds to strengthen its Tier 2 capital base and liquidity position, bridge maturity mismatches and s

DIMO pioneers fleet expansion with Tata SIGNA Prime Movers for ILM

DIMO, the sole authorized general distributor of Tata Motors in Sri Lanka, has completed the first large-scale fleet acquisition of Tata SIGNA Prime Movers to International Logistics & Movers (Pvt) Ltd (ILM).