MAS Holdings and Japan’s Toray Industries (H.K.) Ltd are working together through a new joint venture (JV), Toray MAS Apparel India, to strengthen the supply chain capabilities and serve India’s fast-growing textile market. The partnership, offic

Sysco Executive Vice President and Chief Information and Digital Officer Tom Peck recently met with Digital Economy Deputy Minister Eranga Weeraratne and Chief Advisor to President on Digital Economy and ICTA Chairman Dr. Hans Wijayasuriya.

Amana Bank PLC yesterday announced the declaration of its eighth consecutive annual dividend, reaffirming its commitment to rewarding the shareholders.

Blossom Well Holdings (Pvt.) Ltd has signed a US $ 2.99 million investment agreement with Sri Lanka’s Board of Investment (BOI) to establish a boutique hotel in Thissamaharama, aimed at expanding the island’s high-end and midscale tourism offerin

Softlogic Finance PLC said yesterday that the Central Bank of Sri Lanka lifted the regulatory restrictions imposed on the non-bank lender, after it restored its capital position in line with the minimum requirements.

The ASPI closed in green as a result of price gains in counters such as John Keells Holdings, C T Holdings and Senkadagala Finance with the turnover crossing Rs. 8.0 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutio

The secondary market saw thin trading volumes, leading to a stable yield curve as activity remained subdued. Among the traded maturities, the bonds maturing on 01.05.2028 and 15.12.2028 exchanged hands at rates of 9.00 percent and 9.05 percent, respe

Global Dialogue Forum Conclave showcases AI’s role in powering green energy, food security and cybersecurity The Global Dialogue Forum (GDF), in partnership with the Club of Rome – India, successfully hosted its international conclave on ‘AI in

As Sri Lanka positions itself as a strategic hub in the Indian Ocean, the ports and logistics sector remains central to driving trade, attracting investment, and unlocking regional connectivity. Yet the next phase of growth cannot be built on scale a

NDB Bank recently entered into a strategic partnership with Ideal Motors (Pvt) Ltd., the official distributor for Mahindra vehicles in Sri Lanka, through the signing of a Memorandum of Understanding.

Brown and Company announced the launch of the Urbania T2 Diesel 16-Seater Premium Mini Coach, introduced for the first time in Sri Lanka in partnership with Force Motors India.

SDB bank announced its first win at the SLIM Digis 2.5 Awards, securing the Silver Award in the category of Best Use of Digital in Corporate Branding for its heartfelt Father’s Day campaign 2024, “Rahasin Ithirikala Adarayak.” The campaign was

People’s Bank, in collaboration with the Ministry of Justice and the Supreme Court of Sri Lanka, has embarked on a landmark initiative to drive island-wide court digitalization, introducing state-of-the-art digital payment solutions across the judi

The Sri Lanka FinTech Summit 2025 announced its confirmed lineup of speakers, bringing together global and Sri Lankan leaders in digital finance, technology, and regulation to accelerate the country’s transition towards a resilient and inclusive di

Wijaya Gems has launched a Gem Mining and Cutting Experiential Tour for both international and local visitors in Ratnapura with the support of Wijaya Holiday Resort

Sri Lanka Insurance Corporation General Limited (SLICGI), the nation’s largest general insurer, has been crowned the No. 1 General Insurance Brand in the ‘Brand Finance Sri Lanka 100 Most Valuable Brands 2025’ ranking. This marks the seventh c

Seylan Bank PLC recently announced its role as the sole financing partner for the 10 MW ground-mounted solar power plant in Navatkadu, Batticaloa, promoted by Sooryashakthi (Pvt) Ltd, a company jointly owned by Windforce PLC and Vidullanka PLC, two o

In a significant step toward driving sustainable energy adoption in Sri Lanka, Vallibel Finance PLC has signed a Memorandum of Understanding (MoU) with Hayleys Solar, the renewable energy arm of Hayleys Fentons. This strategic partnership aims to pr

The Commercial Bank of Ceylon was honoured with three awards at the 3rd Emerging Asia Banking Conclave & Awards 2025, organised by the Indian Chamber of Commerce (ICC).

The Colombo Stock Exchange (CSE) scaled to a new all-time high on Monday, supported by renewed investor optimism after S&P Global Ratings upgraded Sri Lanka’s foreign currency rating from SD/SD (Selective Default) to CCC+/C. The upgrade strengthene

The government has introduced a significantly revised and less generous incentive framework for investors in the Colombo Port City Special Economic Zone (SEZ), slashing lengthy tax holidays and raising investment thresholds.

Sri Lanka’s credit card debt expanded at a slower pace in July, even as overall credit in the economy grew faster, supported by low interest rates and improving consumer sentiment.

Vidullanka PLC, a major player in Sri Lanka’s renewable energy sector, has announced the successful commissioning of its 3MWp Matara Solar Power Plant on September 19, 2025.

Union Bank of Colombo PLC has announced plans to raise up to Rs.3 billion through a listed debenture issue aimed at strengthening its capital base and supporting strategic growth initiatives.

The Central Bank of Sri Lanka (CBSL) has announced a nationwide public awareness survey on Sri Lanka Deposit Insurance Scheme (SLDIS), a critical move aimed at assessing and strengthening public confidence in the nation’s financial safety net.

Sri Lanka has emphatically stamped its mark on the regional tourism landscape, securing two of the most prestigious Visitors’ Choice Awards for Leading MICE Destination and Leading Wellness Destination at the 9th South Asian Travel Awards (SATA) 20

First Capital Holdings PLC successfully hosted a two-day event in recently, aimed at educating the region on wealth creation and growth opportunities through capital markets.

Fortude has reaffirmed its commitment to diversity, equity and inclusion with the successful conclusion of the second edition of Ignite, Sri Lanka’s first all-female technology internship programme.

Hayleys Leisure PLC announced the appointment of Shane Hallock as Chief Commercial Officer (CCO).

People’s Micro-Commerce (PML), a subsidiary of People’s Leasing and Finance PLC, celebrated its 15th anniversary with its inaugural awards ceremony at The Hilton Colombo.