The Colombo Stock Exchange (CSE) continued its upward momentum today, with the market displaying a positive trend from the start of trading. The benchmark All Share Price Index (ASPI) gained 136.16 points (+0.71%) to close at 19,379.24, while the S&P

Knuckles Spring Water, produced by Sri Lanka’s Cargills (Ceylon) PLC, has officially entered the Bahraini market with the support of the Sri Lankan Embassy in the Kingdom of Bahrain. This marks the first time a Cargills-manufactured product has bee

The Central Bank left its key policy rate unchanged at its fourth monetary policy announcement yesterday, as Governor Dr. Nandalal Weerasinghe said all macroeconomic indicators are moving in the right direction, capturing the sentiments of the Moneta

President Anura Kumara Dissanayake has launched a high-level investigation into the alleged fraud and governance failures at SriLankan Airlines Ltd and Airport and Aviation Services, two of the country’s key state-owned enterprises in the aviation

Inflation in Sri Lanka is expected to make a comeback this quarter and is on a trajectory to exceed the Central Bank of Sri Lanka’s (CBSL) 5 percent target in the first quarter of 2026, according to a new report from Bloomberg Economics.

The Central Bank of Sri Lanka (CBSL), at its meeting held on July 22, 2025, decided to maintain the Overnight Policy Rate (OPR) at the current level of 7.75%. The CBSL has indicated that the current monetary policy stance will help steer inflation to

The ASPI closed in green as a result of price gains in counters such as DFCC Bank, Richard Pieris & Company and National Development Bank with the turnover crossing Rs. 6.2 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and ins

Bangladesh’s central bank (Bangladesh Bank) hosted a special award ceremony at its headquarters in Motijheel on 17 July, to formally recognise officials from Sri Lanka’s Pan Asia Banking Corporation PLC for their role in preventing a US$ 20 milli

Assetline Finance Limited has launched the countrywide ‘Riyasakwala’ promotional campaign as an innovative three-wheeler leasing initiative.

Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, has unveiled the country’s most affordable 5G smartphone, an important step forward in the nation’s digital transformation. Priced at just LKR 35,999, this pioneering initiative is design

DFCC Bank has introduced the country’s first 20-year fixed interest rate home loan to offer long-term financial stability, faster access, and deeply human-centered support to Sri Lankan homebuyers.

The International Education group at Cambridge University Press & Assessment (Cambridge) announced that it has surpassed 1,000 Cambridge International Schools across South Asia, marking a significant milestone in its commitment to delivering world-cl

One hundred local small and medium enterprises (SMEs) received the National Sustainable Tourism Certification (NSTC) by the Sri Lanka Tourism Development Authority (SLTDA) in collaboration with the United Nations Development Programme (UNDP) under it

In a move towards reimagining the future of accessible, digital-first healthcare, HNB Assurance PLC and Flash Health entered a partnership to enhance the wellness experience for policyholders. This collaboration brings together the trust and legacy o

DIMO, the authorized general distributor for Tata vehicles in Sri Lanka, has reaffirmed its commitment to strengthening regional transportation through the execution of DIMO Mega Fiesta – Jaffna 2025, a comprehensive after-sales campaign for Tata c

Sri Lanka’s cashless journey has accelerated greatly, buoyed by increasing internet penetration and a projected US$ 2.8 billion ecommerce market by 2024.

Sinopec announced the official opening of its newly modernized fuel station in Sri Lanka’s North Central Province, marking the company’s 15th upgraded facility on the island.

SLT-Mobitel has unveiled a revamped Home 4G LTE Broadband portfolio offering more value and simplified choices for every Sri Lankan home.

The Colombo Stock Exchange opened positively today following the Central Bank’s decision to keep the Overnight Policy Rate (OPR) unchanged at 7.75%. Investor sentiment remained upbeat throughout the session, driving the All Share Price Index (ASPI)

Electric cars are no longer just about saving fuel or reducing emissions. They’re quickly becoming the new standard for luxury, technology, and smart mobility.

The Monetary Policy Board decided to maintain the Overnight Policy Rate (OPR) at the current level of 7.75% at its meeting held yesterday.

Sri Lanka’s unit trust industry has demonstrated a significant expansion in its investor base over the past year, a positive indicator for financial inclusion and capital market depth.

The Export Development Board (EDB), as part of its strategic approach to fostering further economic relationships with Japan on one hand and exploring new markets in Japan on the other, together with the Embassy of Sri Lanka in Tokyo is to organise a

Sri Lanka’s tea production expanded in the first half of 2025, supported by improved output across all elevations, although gains were tempered by a year-on-year drop in June, data from Forbes & Walker Tea Brokers showed.

International Monetary Fund (IMF) second in command, First Deputy Managing Director (FDMD) Gita Gopinath will step down from her role in August to return to ‘academic roots’.

Fitch Ratings has assigned Commercial Bank of Ceylon PLC’s (COMB; AA-(lka)/Stable) proposed Sri Lankan rupee-denominated Basel III-compliant subordinated green bonds of up to Rs. 15 billion a final National Long-Term Rating of ‘A(lka)’.

Indices closed in green as a result of price gains in counters such as DFCC Bank, National Development Bank and Access Engineering with the turnover crossing Rs. 5.9 bn.

Secondary market withstood yet another muted day of trading yesterday as investors remained on the sidelines, having adopted a wait-and-see approach ahead of the monetary policy decision set to be announced today. Consequently, trading volumes were l

Lanka Ashok Leyland PLC (LAL) is poised for a new era of growth, announcing ambitious plans to launch a full range of electric buses and commence exports, with the first consignment already delivered to the Maldives.

The Rotary Means Business (RMB) Fellowship Sri Lanka Chapter announced it would host its much-anticipated Installation and International Business Networking Night 2025 on Thursday, July 24, 2025, at Cinnamon Life, City of Dreams, Colombo.