Fitch rates Hayleys’ proposed debentures ‘AAA(lka)’

Fitch Ratings has published the National Long-Term Rating of ‘AAA(lka)’ for Sri Lankan conglomerate Hayleys PLC’s (AAA(lka)/Stable) proposed senior unsecured redeemable debentures of up to Rs. 7 billion.

Lanka India Business Association launched in Sri Lanka

Lanka India Business Association (LIBA) is now in operation in Sri Lanka to further enhance the already close ties between Indian and Sri Lankan businesses.

CEAT Kelani reaffirmed by CPM as one of SL’s best-managed companies

CEAT Kelani Holdings has been adjudged the best-managed tyre manufacturing company in Sri Lanka and reaffirmed as one of the top 20 companies in the country for best management practices, by the Institute of Chartered Professional Managers (CPM) Sri Lanka.

INSEE Cement and ISMM forge strategic partnership

INSEE Cement has entered into a strategic partnership with the Institute of Supply and Materials Management (ISMM) to transform the country’s supply chain sector.

Three Sinha Industries wins Gold at COYLE Entrepreneur Awards

Three Sinha Industries Pvt. Ltd. has been honoured with Gold Award in the Extra Large Category at the “I am the Sri Lankan Entrepreneur Awards” organised by the Chamber of Young Lankan Entrepreneurs (COYLE). The award was presented at the TWENTY 30 & Beyond Ceremony held at Shangri-La Hotel in Colombo, powered by Sampath Bank.

Infinix unveils ‘HOT 50Pro+’ smartphone series

Infinix, a leading smartphone brand in Sri Lanka, has achieved an impressive 10x growth in sales over the past year. Building on this success, the brand is now unveiling its latest innovation—the HOT 50Pro+ Series. This ultra-slim, powerful device redefines smartphone design and durability with an incredible 6.88mm ultra-slim design, the HOT 50Pro+ Series boasts the world’s slimmest 3D-curved SlimEdge design, offering enhanced portability and aes

ASUS unveils latest lineup of AI-powered laptops

ASUS, a Taiwanese tech giant is set to push the boundaries of innovation with its latest lineup of AI-powered laptops offering versatile performance, stunning design, and multiple use case options for enhanced productivity and entertainment.

Digital Ear enhances Cape Weligama’s ambience with high-end audio

From the founders who brought Dilmah Ceylon Tea to the world, Cape Weligama—part of Resplendent Ceylon’s collection of luxury resorts and a distinguished member of Relais & Châteaux —has unveiled an upgraded audio experience, expertly installed by Digital Ear – Sri Lanka’s leading provider of high-end audio and luxury lifestyle solutions.

John Keells Properties launches Phase 3 of VIMAN Ja-Ela

John Keells Properties has announced the launch of Phase 3 of VIMAN Ja-Ela, marking another significant milestone in this highly sought-after suburban residential project.

Lakspray celebrates 60 years of delivering high-quality milk to the nation

Lanka Milk Foods (CWE) PLC has been a cornerstone of Sri Lanka’s dairy industry, pioneering excellence and setting new standards in quality and nutrition. For six decades, its flagship brand, Lakspray, has been a household name, synonymous with trust, nourishment, and heritage. Generations of Sri Lankans have grown up with the unmistakable creamy taste of Lakspray, a product that has remained true to its promise of delivering pure, high-quality m

Traffic fine payments soon to go digital with ‘Govpay’

The public will very soon be able to settle traffic fines through Govpay, the recently introduced official online payment platform for government-related services, according to a top official from the Information and Communication Technology Agency (ICTA).

Cyber security an afterthought for most fintech apps in Sri Lanka: Mastercard

Cybersecurity has become an afterthought for most fintech apps in Sri Lanka, while banks also show reluctance to leverage available technology to protect their consumers from fraudsters, according to Mastercard.

Tea exports dip in February

Sri Lanka’s tea exports fell in February, with volumes down 1.91 million kilograms year-on-year (YoY) to 20.40 million kilograms, industry data showed.

Browns Investments acquires 26.16% stake in Sierra Cables for Rs. 1.7 bn

Browns Investments PLC on Friday (21) announced it acquired 26.16 percent stake in Sierra Cables PLC.

Cargills Bank affirms no disruptions to operations following cyber-security event

Cargills Bank yesterday affirmed there have been no disruptions to its banking operations following a cyber-security event.

Sri Lanka & Thailand to review progress in trade and tourism ties in Bangkok

Sri Lanka is set to review the progress of its trade, investment and tourism relations with Thailand at the bilateral discussions scheduled for March 25, the Foreign Affairs Ministry said yesterday.

DPL expands to Jaffna with multi-user warehouse complex

DP Logistics (Private) Limited (DPL), a leading logistics solutions provider in Sri Lanka and a member of David Pieris Group of Companies, held the groundbreaking ceremony for Jaffna’s first multi-user 3PL warehouse.

Atlas bags SLIM-Kantar People’s School Supply Brand award

Atlas was awarded School Supply Brand of the Year at SLIM-Kantar People’s Awards 2025.

PrimeMax to redefine homeownership and wealth creation

Prime Group has introduced PrimeMax, an innovative homeownership and investment plan designed to simplify property ownership while fostering long-term wealth creation.

IGCSE Buddy introduced in Sri Lankan schools

IGCSE Buddy, an artificial intelligence (AI)-powered exam preparation platform by Tutopiya, the online learning provider trusted by over 100,000 students across eight countries, will integrate with schools across Sri Lanka as part of its ‘GoGlobal: Sri Lanka’ initiative, to help drive academic success.

Fortude celebrates GLO programme’s key milestones achieved

Fortude, a global enterprise technology solutions provider, celebrated key milestones achieved under the Guiding Leadership and Outreach (GLO) programme, a pioneering leadership development initiative by the Association of HR Professionals (AHRP) and Global Learning Labs.

CSSL’s NITC 2025 to shape Sri Lanka’s digital future with Society 5.0

The Computer Society of Sri Lanka (CSSL) announced the 43rd edition of National IT Conference (NITC) 2025, the country’s premier gathering for IT professionals, thought leaders, industry pioneers, academia, policymakers and implementers.

GRI wins MHI Innovation Award in USA

Global Rubber Industries (GRI), a Sri Lankan company, has won the Material Handling Industry (MHI) Innovation Award for Best Innovation in Sustainability at ProMat 2025, held in Chicago, USA.

KPMG tax appellate procedure webinar on March 27

KPMG Sri Lanka will conduct an impactful webinar on ‘Erosion of the Rights of the Taxpayers and Tax Appeals’ on Thursday, March 27, 2025, from 3:00 p.m. to 5:00 p.m.

Bank of Ceylon introduces new mobile banking app

Bank of Ceylon (BOC) launched BOC Flex, its new mobile banking app, on March 21, at Lotus Tower Colombo, to provide the customers with a more advanced and user-friendly digital banking experience.

HNB-Singer offer special financing for John Deere customers

Hatton National Bank PLC (HNB) has partnered with Singer Sri Lanka PLC to offer an exclusive financing package for John Deere tractors, providing attractive leasing solutions, value-added services and comprehensive after-sales support.

Verité Research ‘Riding Indian Wave’ conference on March 27

Verité Research will host a conference titled ‘Riding the Indian Wave: The World’s Fifth Largest Economy on Sri Lanka’s Shores’ on March 27, 2025, at ITC Ratnadipa Hotel, Colombo, from 9:00 a.m. to 4:00 p.m.

ComBank, People’s Private Bank Brand of the Year again

Commercial Bank of Ceylon has been voted the People’s Private Banking Services Brand of the Year for the third consecutive year at SLIM Kantar People’s Awards 2025, in a significant validation of the bank’s status as the most popular private sector bank in the country.

LOLC Al-Falaah launches Wakalah Future-Cash factoring solution

LOLC Al-Falaah, Sri Lanka’s leading provider of alternate financial solutions, announced the launch of Al-Falaah Wakalah Future-Cash, a pioneering Shariah-compliant alternative for factoring, invoice and cheques discounting facility, designed to transform business financing.

Sri Lanka makes a strong impression at IFE 2025

In a significant move to expand Sri Lanka’s footprint in the global food and beverage sector, the country made a remarkable presence at International Food & Drink Event (IFE) 2025, held in London from March 17 to 19, 2025.