Ceylinco Life voted as most popular life insurer for 19th year

Ceylinco Life has been voted as the Peoples Life Insurance Service Provider of the Year for a record 19th consecutive year to win the coveted SLIM Kantar Peoples Award in its category and secure the ultimate

CDB achieves ISO 22301:2019 certification

Underscoring its commitment to enhancing resilience, business continuity, innovation, security and operational excellence, Citizens Development Business Finance PLC (CDB) became the first NBFI in Sri

Vanithabhimana Provincial Sector applications close on April 6

NDB Bank, in partnership with News 1st, invites outstanding Sri Lankan women to seize the opportunity and apply for the Sri Lanka Vanithabhimana Provincial Sector before April 6, 2025.

People’s Bank joins CBSL Digital Payments Promotion Campaign

The Central Bank of Sri Lanka (CBSL) recently conducted a Digital Payments Promotion Campaign, under the theme ‘Shaping the Future through Digital Transactions’, at Gregory Lake Car Park, Nuwara Eliya.

ComBank receives LMD honours again as Most Awarded Entity

Commercial Bank of Ceylon has been ranked as the Most Awarded Corporate Entity in Sri Lanka in 2024 by LMD, conferring this accolade on Sri Lanka’s leading private sector bank for the second consecutive year.

Indo-Lanka Chamber discusses on Sri Lanka’s industrial growth, trade relations

The Indo-Lanka Chamber of Commerce and Industry (ILCCI) of the Ceylon Chamber of Commerce hosted a discussion with Industry and Entrepreneurship Development Deputy Minister Chathuranga Abeysinghe

National Chamber of Exporters holds AGM

The 30th Annual General Meeting (AGM) of the National Chamber of Exporters of Sri Lanka (NCE) marked a significant milestone in the chamber’s journey.

Tourism Chamber President meets Vietnam envoy

Chamber of Tourism and Industry President A.M. Jaufer met with Vietnam Ambassador Trinh Thi Tam, at the embassy yesterday and discussed several tourism opportunities in Sri Lanka.

New Anthoney’s wins Profood’s Best Stall - Agri Biz award

New Anthoney’s Group, a leading sustainable poultry producer in Sri Lanka, has once again been honoured with the Best Stall - Agri Biz award at the Profood Propack & Agbiz 2024 exhibition.

EDB holds workshop on packaging food products

The National Packaging Centre (NPC) of the Export Development Board (EDB) conducted an awareness session focusing on the packaging of food products at the EDB.

Hayleys launches Lifecode 2nd edition

The Hayleys group has launched the second edition of the Hayleys Lifecode – its pioneering environmental, social and governance (ESG) roadmap, strengthening its commitment to strategically embedding ESG principles across its business.

Bandula Fernando re-elected as SLCGE President

The Sri Lanka Chamber of Garment Exporters (SLCGE) held its 27th Annual General Meeting recently in Colombo, reaffirming its dedication to strengthening the small and medium enterprise (SME) apparel export sector.

Current monetary policy stance is appropriate: CB

The Central Bank, as widely expected, left the key policy rate unchanged at its second monetary policy review held earlier this week, as it reiterated that the current monetary policy stance is appropriate in achieving its desired inflation target of 5 percent, while supporting the ongoing recovery in the economy.

Sri Lanka’s capital market takes centre stage today as ‘Invest Sri Lanka’ forum kicks off

Sri Lanka’s capital market takes centre stage as ‘Invest Sri Lanka’ Capital Market Investor Forum 2025 kicks off today.

Sri Lanka eyes Chinese and Southeast Asian tourism boom with Alipay+

Sri Lanka is making its biggest digital payments push yet, to attract the free-spending Chinese and Southeast Asian tourists, with the launch of Alipay+ across the island’s merchant network.

Only 46% of working-age population issued TIN numbers: IRCA

The Inland Revenue Commissioners’ Association (IRCA) yesterday revealed that only 46 percent of Sri Lanka’s working-age population—those above 18 years—have been issued the mandatory Taxpayer Identification Numbers (TINs), which are essential for all tax-related activities.

February sees Rs.106bn in fresh credit

The provisional data from the Central Bank showed that the private sector credit was growing at a robust pace, picking up from December’s rapid rise, ahead of the festive season.

Cargills continues to empower rural SMEs through Village to Home programme

A visit to Cargills Food City Pelawatte last weekend would have been a unique experience for any shopper. The Food City outlet was home to several small local businesses, all eager to showcase their products to the extensive customer base of Cargills.

Emirates’ A350 debuts in Sri Lanka

Emirates’ latest aircraft, Airbus A350, made its debut in Sri Lanka this week, introducing an exciting new dimension in air travel to and from the popular destination of Colombo.

Foreign buying continues

The ASPI closed in red as a result of price losses in counters such as Ceylinco Holdings, John Keells Holdings and Hatton National Bank with the turnover crossing Rs. 1.6 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Hatton National Bank, Vallibel One and Richard Pieris & Company.

Selling sentiment persists, yields stay resilient

Following the conclusion of the second monetary policy review for 2025, during which the overnight policy rate (OPR) was left unchanged, the secondary market saw sustained selling pressure.

Ceylon Energy and HJT China celebrate major milestone in energy distribution across SL

Ceylon Energy, in partnership with HJT China, announced the successful completion of the Mahiyangana and Kappalthurei 33kV power distribution lines along with the Uhana Gantry that connects Amparaha to Uhana power distribution lines.

KIA storms back into Sri Lanka with ‘Sonet’ smart urban SUV

KIA has stormed back into Sri Lanka’s automotive limelight with the unveiling of the all-new Sonet compact SUV, adding zest to the country’s excitement at the resumption of automobile imports.

Samantha Dodanwela appointed Mercantile Produce Brokers’ Chairman

Samantha Dodanwela, has been appointed as the new Chairman of Mercantile Produce Brokers (Pvt) Ltd with effect from 1 April 2025.

Hutch and SLIIT empower students with hands-on industry experience

Fueling the next generation of tech innovators, Hutch is revolutionizing industry-academic collaboration through its Future Connect initiative.

Union Assurance announces 12% Universal Life Dividend Rate for 2024

Union Assurance announced a 12 percent Universal Life Dividend Rate for the financial year 2024.

StanChart recognises outstanding achievements of staff

Standard Chartered Sri Lanka hosted its annual awards ceremony, themed ‘Hall of Fame: Celebrating Excellence,’ at the Shangri-La Hotel Colombo on March 22, 2025. The event recognised and celebrated the exceptional

Spa Ceylon receives int’l recognition for White Rice and Bakuchiol ranges

Spa Ceylon recently gained worldwide recognition for excellence in restorative skin wellness when its White Rice, and Bakuchiol ranges, dedicated to Well-Ageing skincare, received multiple accolades from the global beauty and wellness industry.

HNB Luxury Living to connect homebuyers with exclusive property deals

HNB PLC is set to redefine luxury homeownership with the launch of HNB Luxury Living 2025, an exclusive event designed to connect prospective homeowners and investors with Sri Lanka’s leading property developers and real estate experts. The event, hosted by HNB’s Personal Financial Services (PFS) Division,

StanChart to exit wealth & retail banking business in SL

Standard Chartered Group, as a part of its strategy, said it is exploring the sale of its Wealth & Retail Banking (WRB) business in Sri Lanka, subject to regulatory approvals.