Sri Lanka’s tourism authorities, in collaboration with law enforcement agencies, have intensified their crackdown on illegal tourism operations run by foreigners, resulting in the apprehension of 75 individuals

Sri Lanka’s vehicle import valuation system needs urgent correction to prevent revenue leakages and restore fairness in the market, the Ceylon Motor Traders Association (CMTA) said, warning that current

Sri Lanka’s tourism authorities are gearing up to host their first-ever tourism roadshow in Bangladesh, recognising the neighbouring South Asian nation as a rapidly emerging and high-potential source market.

WindForce PLC announced that it has received the Letters of Award on 16 February 2026 for twelve standalone Battery Energy Storage System (BESS) projects, secured through an international competitive bidding process conducted by the Ceylon Electricit

Renuka Holdings PLC’s unit Renuka Enterprises (Pvt) Ltd has proposed an amalgamation with its fully owned subsidiary Renuka Agro Exports (Pvt) Ltd, as part of a group restructuring move, the company said

Yesterday the market witnessed some selling activity, particularly at the long end of the curve, which in turn prompted a marginal upward adjustment in the yield curve amid moderate volumes.

The ASPI closed in red as a result of price losses in counters such as Sampath Bank, Colombo Dockyard and Dialog Axiata with the turnover crossing Rs. 4.9 bn.

Associated Motorways (Private) Limited (AMW), the official distributor for Yamaha Motorcycles, recently unveiled Yamaha FZ-S Fi hybrid, Sri Lanka’s first hybrid motorcycle, at a prestigious launch event held at

INSEE Cement, Sri Lanka’s leading cement manufacturer and supplier and the only fully integrated cement plant in the country, announced the recommencement of limestone rail transportation from its Aruwakkalu

International Distillers Limited (IDL), one of Sri Lanka’s foremost spirits manufacturers with a distinguished legacy spanning over four decades, achieved a major milestone by winning CIPM Great HR Quiz 2026, in

Sampath Bank has collaborated with the Chamber of Lankan Entrepreneurs (COYLE) to introduce the Sampath COYLE Mastercard World Affinity Credit Card, an exclusive proposition created for entrepreneurs

TWC Capital (Pvt.) Ltd, the corporate financial advisory arm of TWC Holdings, acted as the exclusive buy-side financial adviser to CBL Group on its acquisition of PT Tri Jaya Tangguh Indonesia, a large-scale

St. Anthony’s marked a milestone with the launch of Blackwood – luxury engineered doors, the latest addition to its building-solutions portfolio.

EFutures, one of the award-winning technology and software outsourcing companies, has announced the relocation of its operations to a new office at Bullers Lane, Colombo, reinforcing its continued growth and

CICRA to offer advanced diplomas in cybersecurity and computing under Scottish Credit and Qualifications Framework By Shannine Daniel The Centre for Integrated Communication Research and Advocacy (CICRA) Campus officially launched its Qualification

Metropolitan Technologies is announced a significant milestone achieved by its human resources team, who emerged as Winners in the Special Category Award at Great HR Quiz 2026, organised by the

A recent article quoted National Authority on Tobacco and Alcohol (NATA) Chairman Dr. Ananda Rathnayaka, stating that 50 persons die daily from tobacco use. With an annual total of 18,250 then, in a

Sri Lanka’s vehicle registrations rose to a record high in January, driven by a strong demand for two-wheelers and a steady expansion in the secondary market, while a sharp pickup in truck and tipper volumes pointed to early signs of recovery in th

The Power and Energy Ministry has initiated moves to establish an independent regulatory authority for the petroleum sector, admitting that it currently lacks the resources and manpower to effectively regulate the expanded market, following the entry

The unit trust industry kicked off 2026 on a stronger footing, with the assets under management rising above Rs.600 billion by end-January, supported by the renewed investor appetite for equity-linked products. The industry reported Rs.610 billion in

The Energy Ministry is on track to award the contract for the construction of the aviation fuel pipeline from Muthurajawela to Bandaranaike International Airport (BIA) in April 2026.

Indices closed in green as a result of price gains in counters such as Sampath Bank, Hatton National Bank and John Keells Holdings with the turnover crossing Rs.5.6 Bn. High net worth and institutional investor participation was noted in ACL Cables,

The Ceylon Tea production slipped in January 2026 from a year earlier, as the weaker output from the low-grown areas outweighed the gains at the higher elevations, the industry data showed.

The secondary market yield curve remained largely unchanged, with moderate trading volumes and mixed activity. Within the 2028 maturities, 15.02.2028, 15.03.2028, 01.07.2028 and 01.09.2028 traded in the range of 8.90 percent to 9.15 percent.

In a significant address to the accountancy profession in Sri Lanka, the President of the International Federation of Accountants (IFAC) Jean Bouquot, commended the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) for its exceptional le

Dr. Kristalina Georgieva, the Managing Director (MD) of the International Monetary Fund (IMF), visited the Central Bank of Sri Lanka on February 17 during her visit to Sri Lanka.

Commercial Bank of Ceylon PLC will make the Sinhala and Tamil New Year more rewarding for remittance recipients and reaffirm is commitment to always thinking about its customers and delivering the very best, with the return of the bank’s popular

DFCC Bank PLC (DFCC Bank) recently convened its Annual Branch Managers’ Conference, bringing together branch leaders from across the island to align on strategy, leadership expectations, and customer experience priorities for the year ahead.

Asia Asset Finance PLC (AAF) recorded a strong financial and operational performance for the third quarter ended December 31, 2025, demonstrating sustained balance sheet expansion, improved profitability and strengthened risk buffers amid a competiti

HNB Finance PLC reported a Profit After Tax (PAT) of Rs. 1.15 billion for the nine months ended 31 December 2025, up 152 percent year-on-year, first time the company surpassed one billion mark in nine months performance. Profit Before Tax (PBT) incr