ComBank secures Global Finance Asia-Pacific regional award for Circular Economy Commitment

Commercial Bank of Ceylon has been named the Asia Pacific regional winner of the Circular Economy Commitment award at the sixth annual Sustainable Finance Awards presented by Global Finance, securing a significant third-party endorsement of the bank’s commitment to sustainable and responsible banking.

Amana Takaful, SL’s Most Awarded Insurance Company again

Amana Takaful Insurance has been recognised as Sri Lanka’s Most Awarded Insurance Company for 2026 by LMD Magazine, marking its third consecutive year of achievement.

CEAT Kelani launches GRIPP X5 and ZOOM X5 premium motorcycle tyres for Sri Lankan roads

CEAT Kelani Holdings has strengthened its leadership in Sri Lanka’s two-wheeler tyre market with the launch of the X5 series of its premium motorcycle and scooter tyre ranges – GRIPP and ZOOM – which are engineered to deliver higher mileage, enhanced safety and superior performance for modern riding needs.

NSBM Green University: Illuminating nation through a decade of excellence

Celebrating its 10th anniversary this year, NSBM Green University has officially opened registrations for its May 2026 intake, continuing its mission of elevating Sri Lankan higher education to international standards.

DoubleTree by Hilton Weerawila Rajawarna Resort secures multiple wins

DoubleTree by Hilton Weerawila Rajawarna Resort is announced its recognition at the prestigious 2026 Haute Grandeur Global Excellence Awards, securing multiple accolades that reaffirm its position as one of Sri Lanka’s leading resort destinations.

People’s Bank PBIBU named as Best Investment Bank in Sri Lanka for 2026

People’s Bank Investment Banking Unit (PBIBU) was honoured with the prestigious Best Investment Bank Sri Lanka 2026 award at the 2026 Global Banking and Finance Review Awards, presented by Global Banking and Finance Review.

Pan Asia Bank offers solutions to face energy crisis

Anticipating the growing challenges surrounding fuel availability and energy costs in the country, Pan Asia Bank took proactive steps to offer customers a forward-looking solution.

Omega Line secures top honours at Best Management Practices Company Awards 2026

At Best Management Practices Company Awards 2026, Omega Line Ltd secured nine accolades, including the prestigious Overall Silver Award, positioning the company among the highest-performing organisations across all industries.

Ritzbury clinches People’s Chocolate Brand of the Year again

Ritzbury has been named as the People’s Chocolate Brand of the Year at SLIM-Kantar People’s Awards 2026, marking its second consecutive win at the prestigious awards ceremony held at Monarch Imperial.

Paradise Toys accelerates towards sustainable future with high-impact hybrid solar investment

In a decisive step towards sustainability and operational resilience, Paradise Toys (Pvt.) Ltd, a leading Sri Lankan manufacturer and exporter of baby educational soft toys, has successfully deployed a state-of-the-art 60kWp hybrid solar power system at its Kobeigane facility, enhancing energy stability across its operations in Wattala and Madurankuliya.

Platinum Excellence Awards 2026 K+ by Helanka, Strongest Footwear Brand of the Year

K+ by Helanka has been awarded the Strongest Footwear Brand of the Year at Platinum Excellence Awards 2026, one of Sri Lanka’s most recognised platforms for industry achievement, marking a defining moment in the brand’s continued rise across the country’s footwear market.

Sri Lanka’s economic outlook remains weak amid Middle East crisis: Dr. Wijewardena

Sri Lanka’s economy, which has been very badly hit by the Middle East crisis as well other external shocks such as climate change, is not expected to have a very promising future, noted former Central Bank Deputy Governor Dr. W.A. Wijewardena.

Tourism success questioned as Sri Lanka leans on volume over value

​Sri Lanka’s tourism sector recorded a historic 2.3 million international arrivals in 2025 but the industry analysts are urging a pivot in how success is measured within the island’s economic framework.

Apparel sector flags urgent policy window as 1Q exports fall 8%

Sri Lanka’s apparel industry yesterday warned of a narrowing policy window to stabilise the exports, after the shipments fell 8 percent in the first quarter (1Q26), with the rising energy costs, shifting US trade dynamics and looming European market risks threatening to deepen the slowdown, unless immediate action is taken.

Infinix unveils Note 60 Series with first-ever AI Matrix Display and Snapdragon

Infinix, Sri Lanka’s top smartphone brand, hosted a grand and immersive launch event for its highly anticipated Note 60 Series, marking a new milestone in innovation and intelligent smartphone experiences.

DIMO cascades EV expertise at Mercedes-Benz Flying Doctor Service Clinic 2026

As the global automotive industry advances toward electrification, the need for specialized technical expertise and trusted aftersales support has become progressively critical.

LG Electronics showcases innovation and growth strategy for Asia at LG Innofest 2026 APAC

LG Electronics (LG) showcased its latest products and regionspecific solutions at LG InnoFest 2026 APAC, held in Busan, Korea, from April 7–10.

Sri Lankan ICT companies attend Japan IT Week 2026

The Sri Lanka Export Development Board (EDB), in collaboration with the Japan International Cooperation Agency (JICA) and the Embassy of Sri Lanka in Japan, announced the successful completion of Sri Lanka’s second participation at Japan IT Week Spring 2026, held from April 6th to 10th at Tokyo Big Sight, Japan.

Activ8 Asia honoured with Platinum Excellence in BPO & Customer Experience Solutions

Activ8 Asia was awarded Platinum Excellence in Business Process Outsourcing & Customer Experience Solutions in 2026 at City of Dreams, Cinnamon Life, Colombo, in recognition of its outstanding contribution to the BPO industry and its commitment to delivering exceptional customer experience solutions.

NCE launches SLAB-endorsed Certificate of Ethical Trading

The National Chamber of Exporters of Sri Lanka (NCE) announced the launch of its Sri Lanka Accreditation Board (SLAB) - endorsed Certificate of Ethical Trading (CET) at its 40th Anniversary special celebration and Annual General Meeting.

People’s Bank presents 2025 Annual Report to CBSL Governor

People’s Bank presented its 2025 Annual Report to Central Bank Governor Dr. P. Nandalal Weerasinghe recently.

CRIB and LRA jointly announce soft launch of AI-powered DDCR Model

The Credit Information Bureau of Sri Lanka (CRIB), in partnership with Lanka Rating Agency (LRA) as its technical partner, recently announced the soft launch of the AI-powered Digital Dynamic Credit Ratings (DDCR) model, a transformative initiative set to reshape how small and medium enterprises (SMEs) will be benefited when evaluated for creditworthiness and access to capital.

Janashakthi Finance launches ‘Shakthi’ to empower smarter financial growth for women

Janashakthi Finance PLC, a subsidiary of JXG, has introduced ‘Shakthi’,a dedicated fixed deposit product for women, reinforcing its commitment to inclusive finance and long-term wealth creation.

Sri Lanka unveils comprehensive National Event Calendar to boost global tourism

At a recent ceremony held at the Shangri-La Colombo, the Event Management Association (EMA) of Sri Lanka unveiled the official Sri Lanka Event Calendar.

Secondary market stalls amid geopolitical jitters

The secondary market commenced the week on a subdued note, with activity largely at a standstill, leaving the yield curve broadly unchanged.

Week begins in green

The ASPI closed in green as a result of price gains in counters such as Dialog Axiata, Sampath Bank and Carson Cumberbatch with the turnover crossing Rs. 2.9 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation

Colombo Dockyard shifts year end to March

Colombo Dockyard PLC yesterday said it has received the regulatory approvals to change its financial year-end to March from December.

WindForce enters US $ 18mn IFC loan deal

WindForce PLC yesterday disclosed a US $ 18 million loan agreement with the International Finance Corporation (IFC), flagging the facility as a material borrowing.

NDB replaces EY with KPMG in line with audit rotation requirement

National Development Bank PLC (NDB) has moved to appoint KPMG as its external auditor for the 2026 financial year, replacing Ernst & Young (EY), in a change driven by the Central Bank-mandated rotation rules but coming at a time of intensified scrutiny, following the bank’s recent fraud disclosure.

Visa appoints Suresh Sethi as Group Country Manager for India and South Asia

Visa, a global leader in digital payments, yesterday announced that Suresh Sethi has been appointed as Group Country Manager for India and South Asia.