Ceylinco Life celebrates ‘Unstoppable Champions’ at Annual Awards 2026

The power of momentum was the focus when Ceylinco Life, Sri Lanka’s life insurance market leader for an 22 years, celebrated the exceptional achievements of its top-performing sales force at its Annual Awards Ceremony 2026, held at Cinnamon Life Colombo.

Dialog Finance Launches Next-Generation Virtual Debit Card, Elevating Digital Payments in Sri Lanka

Dialog Finance PLC, Sri Lanka’s leading fintech innovator, announced the launch of its Virtual Debit Card, the first in Sri Lanka to enable customers to generate multiple virtual cards for different purposes within a single app. This cutting-edge, digital-first payment solution is designed to deliver smarter control, enhanced security, and effortless everyday transactions, making online payments safer, more flexible, and fully manageable through

Sentido Heritance Negombo marks 10 years with ‘Decade One’

Sentido Heritance Negombo is marking its 10th anniversary with ‘Decade One’, a campaign that celebrates the first chapter of a hotel shaped by the coast, the community, and the distinct character of Negombo. More than a milestone, this campaign reflects on how the property has developed over the past decadeand looks ahead to what comes next.

Court of Appeal rejects motion filed by petitioner in Pentara Condominium Case

The Court of Appeal on 30th March 2026 rejected a motion filed by Petitioner Sirimalee Liyanagama in an ongoing writ application challenging the Pentara condominium project.

AAT Sri Lanka unveils Curriculum 2025-2030 to drive sustainable employment through technological competence

The Association of Accounting Technicians of Sri Lanka (AAT Sri Lanka) officially announced the launch of its Curriculum 2025–2030, themed “Sustainable Employment through Technological Competence,” effective from the July 2026 examinations, marking a significant milestone in its commitment to academic excellence and innovation.

Havelock City Mall brings ‘Nostalgic Avurudu’

Havelock City Mall (HCM) has launched its Sinhala and Tamil New Year seasonal programme, ‘Nostalgic Avurudu.’ Running from 21st March to 12th April, the campaign blends traditional cultural celebrations with mall-wide retail activations through a curated calendar of community engagement.

Uber Eats continues expansion with Nuwara Eliya entry

Uber Eats is now live in Nuwara Eliya, making it easier for locals and tourists to enjoy their favourite meals - from a hot plate of kottu on a chilly evening to a comforting rice and curry spread or crispy egg hoppers - delivered right to their doorstep.

Tourist arrivals cross 750,000 mark

Sri Lanka’s tourism sector successfully crossed the three-quarter million milestone during the first week of April, with cumulative arrivals for the year reaching 767,434 by 5 April.

Govt. to subsidise fuel, expand welfare as Middle East tensions lift costs

The government will subsidise fuel, expand cash handouts and extend targeted support to key sectors, as the government moves to cushion the economic fallout from rising energy prices triggered by the conflict in the Middle East.

Access Engineering recapitalises harbour village with Rs. 8.5bn ahead of Marina Square soft opening

Access Engineering PLC has announced a substantial Rs. 8.5 billion capital infusion into its wholly-owned subsidiary, Harbour Village (Pvt) Ltd, to recapitalise the landmark Marina Square Uptown Colombo project.

JXG opens IPO tomorrow to fuel next growth phase

JXG, the parent company of the Janashakthi Group, will open its Initial Public Offering (IPO) on 9th April 2026, marking a significant milestone in its journey.

Cabinet clears VAT, Finance Act amendments

As the government advances tax policy changes outlined in recent budgets, the Cabinet this week approved amendments to both the Value Added Tax (VAT) Act and the Finance Act, clearing the way for the proposed bills to be gazetted and presented to parliament.

Indices close in red

The ASPI closed in red as a result of price losses in counters such as National Development Bank, Ceylinco Holdings and Cargills with the turnover crossing Rs. 1.8 bn.

Selling pressure nudges yield curve slightly upward

The secondary market saw a degree of selling pressure yesterday, leading to a slight upward shift in the overall yield curve. However, market activity remained subdued, with extremely low trading volumes.

CA Sri Lanka launches Sustainability Reporting and ESG Leadership Faculty

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) has taken a landmark step in advancing the national sustainability drive with the launch of the Faculty of Sustainability Reporting & ESG Leadership.

Solo Sri Lankan among Tripadvisor Travellers’ Choice Awards 2025 winners

Solo Sri Lankan, a leading travel experience provider, has been recognised among the top 10 percent of listings worldwide in Tripadvisor Travellers’ Choice Awards 2025, a distinction based entirely on authentic reviews and ratings shared by travellers on Tripadvisor.

UK’s University of East Anglia and Colombo International Campus partner

Colombo International Campus (CIC) announced a strategic partnership with the University of East Anglia (UEA) UK, marking a significant milestone in Sri Lanka’s higher education landscape.

Control Union Sri Lanka sets 2 global firsts in deforestation-free certification

Control Union Sri Lanka has achieved back-to-back global milestones in deforestation-free certification, having issued both the world’s first Deforestation-Free Standard (DFS) certificate and most recently, the world’s first DFS Group Certificate, the latter awarded to Samson Rubber Industries (Pvt.) Ltd.

Building forward: Excello Developers on strategy, stability and future of SL’s construction sector

As global uncertainty affects the local industries, Sri Lanka’s construction sector is making careful adjustments.

How do we plug into India’s future?

In a volatile world, India is emerging as a stable destination for global capital, said Baker Tilly CEO Francesca Lagerberg, to the Times of India last week. Investors are seeking trusted and stable markets and with the correct positioning, India can exceed expectations, she noted.

Foundation.LK’s DiGiSavi digitally empowers 1mn Sri Lankans

Foundation.LK, a not-for-profit initiative dedicated to equipping Sri Lankans with the knowledge, skills and resources to navigate the digital world safely and confidently, officially launched its latest initiative, the DiGiSavi project, at the SLFI Auditorium.

IBH Real Estate marks 6 years

Marking a significant milestone, IBH Real Estate celebrates six years in business this year, reflecting a journey defined by growth, trust and a commitment to excellence within Sri Lanka’s evolving real estate landscape.

Luxury Villas in Asia: Built for boutique hospitality; designed for performance

Luxury Villas in Asia (LVIA), a subsidiary of Nyne Hotels, is rapidly establishing itself as a leading integrated commercial solutions provider for Sri Lanka’s boutique hospitality sector, combining sales, reservations and e-commerce into a single, streamlined platform.

NDB fraud exposes control gaps as losses climb to Rs.13.2bn

A control failure that began beneath the surface has now forced National Development Bank PLC (NDB) to confront a multi-billion-rupee fraud, testing both its governance framework and the broader confidence in the banking system.

Disaster-hit borrowers get credit protection under CRIB relief plan

Sri Lanka’s credit regulator has moved to shield the borrowers hit by Cyclone Ditwah from longer-term financial fallout, introducing temporary relief measures that prevent the disaster-related repayment delays from damaging the credit profiles.

Sri Lanka launches national QR adoption drive; scraps merchant fees for transactions under Rs.5,000

​Sri Lanka officially launched the National QR Payment Adoption Programme yesterday, introducing key measures to accelerate the country’s transition toward a less cash economy, including the complete removal of the merchant discount rate for all LankaQR transactions up to Rs.5,000.

Fitch publishes ‘A(lka)’ rating on WindForce’s proposed debentures

Fitch Ratings has published the National Long-Term Rating of ‘A(lka)’ on WindForce PLC’s proposed senior unsecured redeemable debentures of up to Rs.4 billion.

Week begins on a mixed note

The ASPI edged up as a result of price gains in counters such as DFCC Bank, Cargills and Access Engineering with the turnover crossing Rs. 3.0 Bn. Meanwhile, the S&P SL20 closed in red. High net worth and institutional investor participation was noted in Melstacorp, Tokyo Cement Compan and John Keells Holdings. Mixed interest was observed in Sampath Bank, Lanka Milk Foods and Prime Lands Residencies whilst retail interest was noted in Browns Inve

Modest buying interest pushes yield curve slightly lower

At the start of the week, the secondary market saw modest buying interest, accompanied by low volumes and activity, pushing the yield curve slightly lower.

Vallibel Finance sets course for expansion with Rs. 2.12bn capital raise

In a decisive step to reinforce its financial foundation and fuel its next wave of expansion, Vallibel Finance has unveiled plans to raise approximately Rs. 2.12 billion via a Rights Issue. The capital-raising initiative comes amid a gradually stabilizing economic landscape in Sri Lanka, where financial institutions are increasingly prioritizing resilience, capital adequacy, and forward-looking growth strategies.