Credit extended to the private sector rose sharply in June, accelerating from May and reflecting a significant increase in lending by commercial banks. This surge comes amid declining interest rates and a growing economy, which is generating higher d

Sri Lanka is set to make a strong pitch to global investors this week as the Colombo Stock Exchange (CSE) and the Securities and Exchange Commission of Sri Lanka (SEC) host the Invest Sri Lanka Investor Forum in Singapore on August 12, according to a

Sri Lanka’s steel giant Melwa has achieved a significant breakthrough with its first-ever large-scale export of 15,000 metric tonnes of reinforcement steel to the Canadian construction market.

The Colombo Tea Traders’ Association (CTTA) hosted its 131st Annual General Meeting (AGM) recently, celebrating over a century of unwavering dedication to Sri Lanka’s beloved tea industry.

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) announced the support of some of the nation’s most respected corporates as Lead Sponsors for the year 2025/26, marking a strong endorsement of the institute’s ongoing commitment t

Swisstek (Ceylon) PLC and Swisstek Aluminium Ltd announced the appointment of Daminda Perera as Group Managing Director of both entities, with effect from July 29, 2025.

Fonterra Brands Lanka, in collaboration with the Tertiary and Vocational Education Commission (TVEC), National Apprentice and Industrial Training Authority (NAITA), Labour Department and eight other dairy industry peers, including Milco (Pvt.) Ltd, M

Marking a significant milestone in its journey towards sustainability, David Pieris Motor Company (Lanka) Limited (DPMCL) announced that its Manufacturing Complex in Ranna, located in the Hambantota district, has been officially certified as a Net Ze

The Pathfinder Foundation has appointed two eminent individuals as Distinguished Fellows, who will assist the foundation in fulfilling its task as an independent, non-partisan, apolitical institution.

Ceylinco Life has been ranked as the most valuable insurance brand in Sri Lanka and the 22nd most valuable brand in the country overall in the 2025 edition of ‘Sri Lanka 100’ released by Brand Finance, the world’s leading independent brand valu

Commercial Insurance Brokers (Pvt.) Ltd (CIBL), a fully-owned subsidiary of Commercial Bank of Ceylon PLC, has unveiled a refreshed brand identity and a modernised logo that underscore its role as a trusted insurance intermediary in Sri Lanka for ove

Commercial Bank of Ceylon has been ranked as the second most valuable brand in Sri Lanka across all sectors and the most valuable private sector bank brand in the country for 2025 by Brand Finance, the world’s leading brand valuation consultancy.

Evolution Auto, the country’s foremost leader in electrifying transportation, marked a transformative leap for Sri Lanka’s automotive sector by unveiling the nation’s most extensive portfolio of electric vehicles (EV) at Motorshow 2025 held at

Platinum Immigration Solutions Pvt Ltd, Sri Lanka’s trusted name in global education consultancy for over 12 years, held its annual Ireland Pre-Departure Session in Colombo.

Spring Dragon (aka Lotus Blossom) has been active for over a decade, with particular interest in Vietnam, Taiwan, and the Philippines. Kaspersky researchers have detected 1,000 malicious samples used by this actor to target government entities in Sou

Customer deposits in the licensed commercial banking sector continued to grow at a faster rate from 2024 through the second quarter of 2025 despite the interest rates on deposits slumping in line with the decline in market interest rates.

Tea auction offerings declined to 5.5 M/Kgs this week, and there had been fair general demand.

CIC Holdings board has approved a proposal to sub-divide its ordinary and non-voting (Class X) shares on a five-for-one basis.

Oil prices steadied yesterday, paring early gains after the Kremlin announced that Russian President Vladimir Putin will meet U.S. President Donald Trump in the coming days, raising expectations for a diplomatic end to the war in Ukraine.

The Advocata Institute, while welcoming the government’s recent decision to waive visa fees for tourists from 40 additional countries, calls for broader liberalisation of the visa regime to fully unlock economic opportunities through tourism.

The ASPI edged up as a result of price gains in counters such as The Colombo Fort Land & Building, Vallibel One and Melstacorp with the turnover crossing Rs. 3.2 bn. Meanwhile, the S&P SL20 edged down. High net worth and institutional investor partic

The secondary market withstood a lukewarm day yesterday ahead of the impending long weekend. Notable transactions were scarce, though measured interest was evident in the short to mid end of the curve.

A new collaboration between Commercial Bank of Ceylon and Sathosa Motors PLC is set to offer Sri Lankan vehicle buyers a powerful combination of value, flexibility and convenience when purchasing Isuzu vehicles.

Amana Bank marked 14 years of operations on August 1, 2025.

Allianz Insurance Lanka Limited announced the launch of Allianz Elevate, an exclusive loyalty programme for its general insurance policyholders.

HNB PLC announced the launch of its first dedicated Trade Hub in Pettah, further strengthening its commitment to supporting Sri Lanka’s importers and exporters with faster, more efficient and more accessible trade finance services.

What began as a visionary alliance between CH17 Loyalty and Envoy London, Sri Lanka’s leading name in corporate menswear, has grown into a formidable partnership defined by mutual respect and a commitment to excellence.

Marking five decades of contribution to national economic dialogue, People’s Bank ceremoniously relaunched its flagship publication, The Economic Review, recently, at the People’s Bank Staff Training College, Colombo 5.

Würth Lanka (Pvt.) Ltd welcomed two key leaders of the Würth group’s central management board: Central Managing Board Member Dr. Reiner Specht and Senior Vice President for South and Southeast Asia Christian Olsen.

DIMO partnered with Bank of Ceylon (BOC) to offer state-of-the-art leasing solutions for a wide range of world-class vehicles, including Mercedes-Benz, Jeep and Tata, within easier reach for all Sri Lankans.