ASPI gains 2.1% during the week

Indices closed in green as a result of price gains in counters such as Dialog Axiata, DFCC Bank and Dipped Products with the turnover crossing Rs. 5.4 Bn. High net worth and institutional investor participation was noted in John Keells Holdings, Dialog Axiata and Commercial Bank. Mixed interest was observed in DFCC Bank, Dipped Products and Melstacorp whilst retail interest was noted in Waskaduwa Beach Resort, LVL Energy Fund and Co- Operative In

NDB unveils 2025 Calendar with blend of technology and sustainability

NDB Bank has once again redefined the essence of traditional timekeeping with the launch of its 2025 Calendar, themed ‘Fold to Unfold a Sustainable Future’.

Beam Hela Osu Lanka honoured at Entrepreneur Awards

Beam Hela Osu Lanka (Pvt.) Ltd., a renowned Ayurvedic product manufacturer in Sri Lanka, was recognised with a Merit Award in the Industry Manufacturing Sector - Medium Category at the Entrepreneur Awards 2024 for the Western Province.

BMS launches Digital Transformation MBA programmes

The Business Management School (BMS) Campus in partnership with Teesside University, UK, will introduce two master’s degree programmes in Digital Transformation this January, to keep in line with the government’s initiative of ‘Digitize Sri Lanka’.

Abans unlocks power of innovation in Sri Lankan cooking with Stahl

Stahl kitchen appliances offer the ideal balance of ease, durability, and design, with five distinct types of appliances designed for cooking at all skill levels, from home cooks to experts.

David Pieris Group joins national beach cleaning initiative

As part of its ongoing commitment to social welfare and environmental sustainability, David Pieris Group recently took the lead in cleaning an 850-meter stretch of Thalaramba Beach in Kamburugamuwa, Matara. This beach cleanup effort was part of the government’s larger initiative to enhance the cleanliness and appeal of Sri Lanka’s coastline, which spans from Puttalam to Hambantota.

People’s Bank celebrates Thai Pongal

People’s Bank recently conducted Thai Pongal celebrations at its Wellawatta and Pettah branches under the patronage of People’s Bank Chief Executive Officer/General Manager of Clive Fonseka.

DFCC Bank redefines digital banking brilliance with ‘DFCC ONE’

DFCC Bank has unveiled ‘DFCC ONE’, a groundbreaking mobile banking application that sets an innovative benchmark in digital banking.

HEL Partner Forum empowers smarter energy solutions for sustainable future

Hayleys Electronics Limited (HEL) hosted an impactful Partner Forum in Kandy recently, uniting over 40 local businesses and key representatives from Huawei Technologies.

Access Motors excels at JLR Asia Pacific Service Advisor Competition

Ibrahim Rahminthulla, a Service Advisor at Access Motors, has clinched the top spot in a highly competitive Asia Pacific Region Service Advisor Competition.

Silk Route Ventures’ Nutra Studios opens at Kandy City Center  

Silk Route Ventures announced the opening of Nutra Studios in the city of Kandy, at Level 1, Kandy City Center. This marks the company’s second retail outlet, following the success of its first store at Havelock City Mall.

Sri Lanka Insurance General shines at SLIM National Sales Awards

Sri Lanka Insurance General showcased its prowess and commitment to service excellence at the recently concluded SLIM National Sales awards held at the Monarch Imperial, Colombo, bagging several of the prestigious awards.

Nimo introduces new range of Godrej Interio chairs to market

Nimo & Company (Pvt) Ltd, suppliers of branded office seating, steel furniture, adjustable tables, adjustable beds and recliners introduced a new range Godrej Interio chairs suitable for both home and institutional segments to the local market recently.

Cleantech revolutionizes recycling with electric-powered e-bikes

Cleantech (Pvt) Ltd, a leading provider of integrated waste management solutions, recently launched a ground-breaking project to encourage recycling and environmental sustainability in the suburban areas surrounding Rajagiriya, Angoda, Battaramulla, Narahenpita, and Kolonnawa.

Crimson Bakery brings fresh bakes to Koswatta

Crimson Bakery, a renowned name in fresh and high-quality baked goods under Laugfs Supermarkets, proudly announces the opening of its first standalone bakery at Kaduwela Road, Thalangama, Koswatta.

FinMin unveils SME debt relief package

Sri Lanka’s struggling businesses can find some respite as the Finance Ministry yesterday announced details of a relief package for small and medium-sized enterprises (SMEs) facing difficulties servicing their debt due to the economic crisis following the global health pandemic.

All Share Price Index to reach 17,500 mark by year end: FCR

The All Share Price Index (ASPI) of the Colombo Stock Exchange (CSE) is expected to reach 17,500 points by the end of this year driven by stronger earrings and lower interest rate regime, according to First Capital Research (FCR).

Sri Lanka aims US$ 18.2bn in export revenue for 2025

Sri Lanka through its latest trade and export policy is targeting annual export revenue of US$ 18.2 billion for 2025. The plan, as outlined by EDB Chairman Mangala Wijesinghe, is to increase merchandise exports from last year’s target of US$ 12.7 billion to US$ 14 billion, while elevating service exports from US$ 3.5 billion to US$ 4.2 billion within the next 12 months.

Sri Lanka’s external current account could flip into deficit in 2025 on rising imports

Sri Lanka might not be able to extend its streak of surpluses in the current account of the Balance of Payment seen in the last two years in 2025.

AKD engages in discussions with top Chinese corporations to promote investment

President Anura Kumara Dissanayake held strategic discussions with several globally acclaimed leading Chinese corporations following his participation in an investment forum organised by public and private sector entities in China.

Indices continue to close in green

The ASPI closed in green as a result of price gains in counters such as Commercial Bank, Tokyo Cement Company and Lanka IOC with the turnover crossing Rs. 5.0 bn.

Moderate volumes witnessed as investors adopt wait-and-see stance

The secondary market yield curve witnessed a day of moderate volumes and limited activity as investors adopted a wait-and-see approach following the year’s first bond auction held on 9th Jan-25, where the CBSL accepted a total of Rs. 179.3bn in bonds.

Amãna Bank-Bristol Institute empower students through flexible financing

Amãna Bank has partnered with the Bristol Institute of Business Management (BIBM) to offer people-friendly education financing solutions for students enrolling to the undergraduate and postgraduate programmes from the University of the West of England (UWE) – UK.

Public Relations Association appoints new Executive Committee at 1st AGM

The Public Relations Association of Sri Lanka (PRASL) successfully held its first Annual General Meeting (AGM), announcing the appointment of its new Executive Committee for the 2025/2026 term.

DFCC Online Banking enables statutory payments to govt. departments

DFCC Bank, a pioneer in digital enablement and digital banking innovation, has launched a new service through DFCC Online Banking that enables customers to effortlessly make statutory payments to various public institutions around the clock.

National Business Excellence Awards 2025 official launch today

The National Chamber of Commerce of Sri Lanka is announcing National Business Excellence Awards 2025, the flagship event for the 20th consecutive year, today at 2:30 p.m., at National Chamber Auditorium, Colombo 10. Being one of the pioneering awards competitions initiated as way back as 2004, by the National Chamber of Commerce of Sri Lanka, the National Business Excellence Awards (NBEA) has maintained its highest standards and gained much recog

CA SL celebrates contributions of over 60 veteran members

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recognised the outstanding contributions of over 60 veteran members at a special felicitation ceremony recently.

Union Assurance shines with multiple prestigious global awards

Union Assurance, Sri Lanka’s premier life insurer, has once again reinforced its leadership in the industry by earning multiple prestigious global accolades.

Janashakthi Group holds Long Service Awards

Janashakthi Group (JXG) recently celebrated the steadfast dedication of its long-serving employees at the prestigious Long Service Awards ceremony.

Arimac holds SL’s first digital lamp lighting ceremony

Arimac, renowned for its groundbreaking digital solutions, celebrated the new year with a revolutionary twist on a cherished tradition.