Sri Lanka’s banking sector is not short of regulations. Banks operate under the close supervision of the Central Bank of Sri Lanka, with extensive frameworks governing risk management, corporate governance, and compliance.

Prime Melwa Port City (Pvt) Ltd signed the Sales and Purchase Agreement (SPA) with CHEC Port City Colombo (Pvt) Limited on 12 May 2026, marking a historic milestone in the realization of one of the most prestigious upcoming marina and waterfront deve

Kedella Enterprises Private Limited warned the public against fraudulent housing construction firms allegedly operating under names similar to its brand, stating that the company operates only from its main office in Alhena, Maharagama and has no bra

Nüwa at City of Dreams Sri Lanka, the luxury flagship hotel within South Asia’s first fully integrated luxury resort, marked a significant milestone with a special press conference and celebration honouring its 5-Star recognition, further reinforc

HNB General Insurance (HNBGI) enters Financial Year 2026 (FY2026) with a revitalized strategic roadmap, following its landmark achievement of reaching a Gross Written Premium (GWP) of Rs. 11 billion in 2025. The company has mobilized a strengthened

The Sri Lanka Export Development Board (EDB) and Janathakshan GTE Ltd., the lead implementing partner of the GEF-07 Project, has signed a Memorandum of Understanding (MoU), formalising a strategic collaboration related to biodiversity conservation, s

The secondary market saw subdued activity ahead of the T-bill auction yesterday, resulting in the overall yield curve remaining broadly unchanged.

The ASPI closed in red as a result of price losses in counters such as Melstacorp, Bukit Darah and National Development Bank with the turnover crossing Rs. 2.8 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional in

Ceylon Tobacco Company PLC (CTC) has declared a first interim dividend of Rs.34 per share for the three months ended March 31, 2026, according to a filing with the Colombo Stock Exchange.

Substantially higher provisions made against the possible loan losses dented the profits at Sampath Bank PLC, as the bank made additional precautions against the weakening macroeconomic conditions and its fallout on the borrowers’ ability to repay

Sri Lanka’s poverty challenge is evolving beyond income deprivation, with climate change and environmental vulnerabilities emerging as new drivers of economic hardship, Senior Economist and Centre for Poverty Analysis (CEPA) Executive Director Prof

The Tourist Hotels Association of Sri Lanka (THASL) has called on the government to introduce a simple legislative amendment mandating the global online travel agencies, including Booking.com, Agoda and Expedia, to exclusively list the accommodations

The Tourist Hotels Association of Sri Lanka (THASL) is calling for a consistent, minimum annual marketing investment of US$ 50 million to steer the industry toward its ambitious target of 5 million arrivals and US$ 10 billion in income by 2030.

A proposed amendment to the Inland Revenue Act is set to introduce strict criminal penalties for taxpayers who fail to meet key procedural requirements, marking a significant shift in enforcement.

Abans Finance PLC (Abans Finance) recently marked the official listing of its maiden 13,384,000 debentures on the Colombo Stock Exchange (CSE) with a bell ringing and market opening ceremony held at the CSE trading floorthis Monday (11th May 2026).

The ASPI edged up as a result of price gains in counters such as Melstacorp, R I L Property and Cargills with the turnover crossing Rs. 3.6 bn.

The Sri Lanka Export Development Board (EDB) has announced that Sri Lanka Expo 2026, originally scheduled to be held in 2026, has been rescheduled for 14–17 January 2027.

Yesterday the PDMO concluded a T-Bond auction which saw 2030, 2034 and 2036 maturities being accepted at weighted average yields that closely mirror the prevailing market rates, in turn pushing the yield curve down from the short to mid-end. However,

Sri Lanka’s national tea sale average rose in April from the previous month, supported by gains across all elevations in rupee terms, although the earnings in dollar terms continued to lag year-on-year (YoY) amid the currency movements and softer e

HNB Life PLC reported a strong start to the year for the three months ended March 31, 2026, continuing its growth trajectory following its recent rebranding and reinforcing its position as a leading life insurer in Sri Lanka.

Amana Takaful Insurance’s Medical Claims team has been recognised at CPM Best Management Practices Company (BMPC) Awards 2026, highlighting excellence in management practices and operational performance.

Rockland Group has appointed Tharindra Kulasinghe to its board of directors as a Non-Executive Director, effective immediately.

Mahindra Ideal Finance Ltd (MIFL) reported its strongest ever financial performance in the year ended March 31, 2026, recording a significant growth across profitability, lending volumes and operational efficiency.

For decades, the language of business was simple: profit, growth, shareholder return. But the planet has rewritten the dictionary.

In a market where traditional savings accounts and fixed deposits are struggling to keep pace with the rising costs and changing interest rates, JB Financial has launched the JB Vantage Credit Opportunity Fund (COF), a flexible investment solution de

Union Assurance PLC recently hosted the SLIM Certified Financial Adviser Graduation Ceremony on its head office premises, recognising 38 professionals who successfully completed the programme, a milestone that reflects the company’s focus on buildi

Sri Lanka China Business Co-operation Council (SLCBCC) announced that the following office bearers and executive committee members were elected at its 26th Annual General Meeting (AGM) held recently at the NCCSL auditorium.

In a bold move to transform the landscape of technical education and youth employment in Sri Lanka, Rhino Roofing Products Limited has announced the launch of the Rhino Academy.

Sri Lanka’s appetite for wheat, the island’s second staple food, is on a steady upward trajectory, fuelled by a recovering economy and a booming tourism sector but yet to reach the pre-crisis levels.

SLASSCOM’s Xcellerate Accelerator Programme is reshaping Sri Lanka’s startup ecosystem by fast-tracking MVP-stage tech startups into investment-ready, scalable ventures.