ASPI gains 4% during the week

The ASPI closed in red as a result of price losses in counters such as Hatton National Bank, John Keells Holdings and Ceylon Tobacco Company with the turnover crossing Rs. 7.4 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Melstacorp, John Keells Holdings and Sierra Cables. Mixed interest was observed in Hatton National Bank, Browns Investments and LOLC Holdings whilst r

Market experiences subdued activity at week’s end

The secondary market yield curve experienced limited activity and below moderate trading volumes at the week’s end, reflecting a subdued close to the trading week.

SLMLBC highlights strengthened ties with Maldives through key initiatives

The Sri Lanka - Maldives Business Council (SLMLBC) of The Ceylon Chamber of Commerce hosted a media briefing recently, under the theme “Building Bridges Between Sri Lanka & Maldives.”

Walkers Tours honoured at Sri Lanka Tourism Awards 2024

Walkers Tours announced that they have been honoured with the Best Sustainable Practices in Specified Tourist Services award at the Sri Lanka Tourism Awards 2024. This recognition underscores the company’s unwavering dedication to sustainability within Sri Lanka’s tourism industry.

CFA qualification, a career-changing journey: MD

CFA Society Sri Lanka recently hosted fireside chat and networking event titled “The CFA Program Advantage: Pathways to Career Excellence.” The event highlighted the transformative power of the CFA qualification in advancing careers in the finance industry.

Mastercard teams-up with ICTA for Global Entrepreneurship Week

Reiterating its commitment to fostering entrepreneurship and furthering inclusive growth through digital innovation in Sri Lanka, Mastercard collaborate with the Information and Communication Technology Agency (ICTA) to power the Global Entrepreneurship Week (GEW) 2024.

Chamari Athapaththu endorses all-girls VIMAN Street Cricket Cup

The VIMAN Street Cricket Cup tournament, endorsed by Chamari Athapaththu, is set to kickoff on 2 February, providing a platform to showcase girls’ cricket. The event, done in partnership with the national women’s team’s captain, was launched on Monday (21) in Colombo.

NDB partners with Clean Ocean Force Lanka for marine conservation initiatives

NDB Bank has entered into a groundbreaking partnership with Clean Ocean Force Lanka (COF) to launch two transformative projects aimed at combating marine pollution and fostering sustainable ecosystems.

Indian Food Festival - A sensorial journey through flavours and culture

Excel World hosted its inaugural Indian Food Festival from 11th to 14th January, marking the beginning of a delightful culinary celebration.

The BBQ Station relaunched with local and UK investments

The BBQ Station at Kirula Road Colombo 5, renowned for its gastronomical meat feasts was relaunched last week with collaboration of local and Sri Lankan Diaspora investors in the UK. Refurbished and reopened with a sleek stylish new look with live music The BBQ Station latest menu offers a range of mouth watering barbeque meat items and many other vegan delicacies to cater to any appetite.

Siyarata Traditional Hospital celebrates 25 years in operation

Siyarata Traditional Hospital in Pallekele, Kandy, led by traditional medicine practitioner Ranjan Muhandiram celebrates its 25th anniversary this month.

Union Assurance rewards top bancassurance performance with overseas tours

Union Assurance recently recognised and celebrated the exceptional achievements of over 60 top performers from its Bancassurance division with a four-day overseas tour to Thailand. This tour which included their families, aimed at rewarding these dedicated individuals with unforgettable experiences while giving them the opportunity to celebrate their success with their loved ones.

Calorie Counter celebrates a decade of healthy living

On first of January 2025, Calorie Counter marked a significant milestone – 10 years of operations. From its humble beginnings on 1 January 2015, the pioneering restaurant has grown to become Sri Lanka’s first and only health food restaurant chain, navigating a journey filled with challenges and triumphs.

Celebrating love with Hilton’s exclusive wedding campaign

Hilton Hotels in Sri Lanka announced the launch of its unique wedding campaign, ‘Enchanting Beginnings,’designed to make dream weddings a reality. Running throughout January 2025, this campaign offers couples an exceptional opportunity to celebrate their love with premium wedding packages and exclusive benefits across Hilton properties in Colombo and Weerawila.

Apparel sector calls for concentrated interventions to reclaim lost ground

Sri Lanka’s apparel sector ended the year 2024 on a positive note, however, industry stakeholders remain unimpressed with the overall performance, stating that more must be done to reach the earning levels of 2019.

Sri Lanka 75% ready for digital lead: Dr. Wijesuriya

Sri Lanka possesses a strong foundation for a digital economy, with 75 percent of the necessary skills already in place, according to Chief Advisor to the President on Digital Economy Dr. Hans Wijesuriya. However, to fully capitalise on this potential, the country must bridge the remaining gap and enhance its digital competitiveness.

Apparel sector ends 2024 with US$ 4.7 bn export earnings

Sri Lanka’s export earnings from apparel in 2024 reached US$ 4.7 billion, recording a year-on-year growth of nearly 5 percent YoY.

WSO2 advocates for platformless digitalisation

Homegrown WSO2, a leader in global digital transformation, has urged Sri Lankan businesses to embrace platformless digitalisation.

Prime Lands Residencies to launch ‘J’Adore Negombo’ on 1 February

Prime Lands Residencies PLC is gearing up to launch its new project, J’Adore Negombo, on 1 February, the company said is a disclosure to the Colombo Stock Exchange (CSE) yesterday.

Jaffna International Trade Fair kicks off today

Sri Lanka’s north comes under fresh focus with the Jaffna International Trade Fair (JITF) kicking off today, The event held consistently in the Northern Peninsula for the past 14 years, will once again showcase its 15th edition at the Muttraweli grounds.

ASPI crosses the 17,000 mark

The ASPI closed in green as a result of price gains in counters such as Hatton National Bank, Central Finance Company and CIC Holdings with the turnover crossing Rs. 9.7 bn.

Dull sentiment surfaces following T-Bill auction

The secondary market yield curve experienced limited trading volumes amidst mixed activity as investors demonstrated a dull sentiment throughout yesterday.

Uzabase renews partnership with CFA Society Sri Lanka

Uzabase Sri Lanka, the local office of the global business intelligence provider Uzabase Inc., has renewed its partnership with CFA Society Sri Lanka as a Silver Partner.

HNB launches trilingual mobile app

Hatton National Bank (HNB) has introduced a trilingual version of its mobile banking application.

PGP Glass wins 2 Golds for packaging and export excellence

PGP Glass Ceylon PLC (PGC), Sri Lanka’s only glass manufacturer and a global leader, has secured two prestigious Gold awards at the National Chamber of Exporters (NCE) Awards and Sri Lanka Packaging Awards. These achievements spotlight PGP Glass as a frontrunner in glass manufacturing and underscore Sri Lanka’s growing prominence as a hub for world-class glass production.

Great Place to Work’s Breaking Barriers workshop to empower women

The ‘Breaking Barriers: Women’s Development Journey’ event, organised by Great Place To Work Sri Lanka, is designed to equip women with the tools, mindset and strategies to excel in leadership roles.

Soorya supports Jaffna Int’l Trade Fair 2025

Soorya announced its role as the Silver Sponsor for the prestigious Jaffna International Trade Fair (JITF) 2025, marking an impressive milestone of five consecutive years of participation in this renowned event.

People’s Bank relocates Kalawana branch

People’s Bank relocated the Kalawana branch recently to a new, spacious premises that offers enhanced convenience to customers, along with a full range of services supported by the latest digital banking technology. The relocated Kalawana branch was declared open by People’s Bank Deputy General Manager Channel Management Naleen Pathiranage.

Fortude wins big at CGMA Professional Awards – Asia Pacific 2024

Global digital solutions company Fortude announced that it has won two prestigious awards at AICPA & CIMA’s inaugural CGMA Professional Awards – Asia Pacific.

Unilever powers up sustainability with Sapugaskanda rooftop solar projects

Unilever Sri Lanka has unveiled a state-of-the-art rooftop solar power system at its food factory and distribution centre in Sapugaskanda.