Tesla is developing an all-new smaller, cheaper electric SUV, four people familiar with the matter told Reuters.

Former Finance Minister and Member of Parliament Ravi Karunanayake this week launched a scathing critique of the Central Bank of Sri Lanka, holding its Bank Supervision Department accountable for the Rs.13.2 billion internal fraud at National Develop

The Central Bank of Sri Lanka has introduced a comprehensive set of new regulations governing how the licensed commercial and specialised banks manage the outsourcing of their business operations.

Sri Lanka’s national tea sale average fell in March, extending a broader softening in prices both month-on-month (MoM) and year-on-year (YoY), reflecting continued pressure on auction realisations across the elevations.

Colombo Dockyard PLC has reconstituted its board following a shift in majority ownership, with India’s Mazagon Dock Shipbuilders Ltd (MDL) formalising leadership changes after acquiring a 51 percent stake in the Sri Lankan shipbuilder.

Sri Lanka’s automotive sector is bracing for a market contraction, driven by the recent depreciation of the rupee and lingering consumer anxieties over the fuel situation.

Indices closed in green as a result of price gains in counters such as John Keells Holdings, Commercial Bank and Hatton National Bank with the turnover crossing Rs. 6.6 Bn. High net worth and institutional investor participation was noted in National

The Power and Energy arm of DIMO has launched EVO by DIMO, a dedicated solutions platform designed to support the rapid development of Sri Lanka’s electric vehicle (EV) charging infrastructure.

SLT-Mobitel once again secured the Gold Award in the Telecommunications Category at the TAGS Awards 2025 for its Annual Report 2024.

The secondary market witnessed some buying interest yesterday, following the announcement of the US–Iran peace talks and a temporary ceasefire, marking a downward movement in the yield curve.

Seylan Bank partnered with the Wildlife and Nature Protection Society (WNPS) to support the World Wetlands Day – WNPS All-Island Programme 2026 as the Title Sponsor, reinforcing its commitment to environmental sustainability and conservation.

Lanka Tiles recently opened its 59th showroom in Sri Lanka and its second showroom in the Northern Peninsula, marking a significant milestone in the company’s continued journey of bringing refined design and premium surfaces closer to communities a

HNB PLC has been honoured with three accolades at the Effie Awards Sri Lanka 2026, reaffirming its position as a leader in creative, effective, and impactful marketing campaigns.

Ogilvy Group Sri Lanka delivered a commanding performance at the Young Lions Sri Lanka Competition 2026held in Colombo recently, with its talent securing wins in three of the four categories awarded. Sweeping top honours in the Media, PR and TV Categ

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 Co

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,

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 r

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.

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, mar

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

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 door

The Colombo Stock Exchange witnessed a powerful rebound, with both indices posting significant gains in a strongly bullish session. The ASPI surged by over 980 points within the first 10 minutes of trading, reflecting a sharp turnaround in investor s

Sri Lanka recorded 14,960,244 local malware incidents in 2025, with 37.4% of users affected by threats spread through removable media such as USB drives, CDs and DVDs, according to the latest Kaspersky Security Bulletin. The country ranks 48th global

LAUGFS Gas PLC has ramped up its island-wide distribution, releasing approximately 30,000 LPG cylinders daily following the resumption of filling operations at its Hambantota (HBT) and Mabima plants.

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.

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 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, 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.

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 par

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.