Sri Lanka’s pharmaceutical manufacturers have warned the government that the surging global input costs, supply chain disruptions and the sharp depreciation of the rupee are threatening the commercial sustainability of the local medicine production

Sri Lanka’s taxpayers are facing a far tougher compliance regime after Parliament on Tuesday (19) passed the Inland Revenue Bill, with the committee stage amendments, cementing sweeping new powers that could criminalise the key tax administration f

Sri Lanka’s apparel industry sought to calm the concerns over the recent weakening of the rupee, arguing that the currency movement reflected broader global pressures rather than signs of domestic economic weakness, while also potentially improving

The Colombo Stock Exchange witnessed a sharp decline during today’s trading session, as subdued investor confidence and prevailing market uncertainty triggered broad-based selling pressure from the opening bell. The market remained under pressure t

Prime Minister Dr. Harini Amarasuriya called on the tourism industry not to overlook the domestic market as a vital buffer against ongoing global shocks, urging stakeholders to prioritise high-quality, sustainable experiences over sheer visitor volum

Sri Lanka’s fast weakening rupee is beginning to expose a deeper strain within the country’s export sector, with exporters warning that the rising cost of imported fuel, raw materials and industrial inputs is rapidly eroding the short-term gains

Sri Lanka is set to establish a National Regulatory Reform Council aimed at improving the country’s regulatory environment and enhancing private sector competitiveness, the government announced.

The Insurance Regulatory Commission of Sri Lanka (IRCSL) is set to obtain membership of the AIA Group Supervisory Board as part of efforts to strengthen the country’s Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) framewo

A technical cooperation project aimed at increasing milk production in Sri Lanka’s dry zone is to be implemented over a three-year period with a financial grant of Rs. 300 million from the Japan International Cooperation Agency (JICA), the governme

The ASPI edged down as a result of price losses in counters such as Sampath Bank, Melstacorp and Commercial Bank with the turnover crossing Rs. 2.3 bn.

The market came under notable selling pressure yesterday, pushing yields up across the curve by around 10–15bps. Although trading volumes recorded a modest pick-up compared to Monday, overall activity levels remained moderate.

The Ceylon Chamber of Commerce (CCC), in partnership with the Confederation of Indian Industry (CII), organised the India-Sri Lanka Business Forum: Partnering in Sri Lanka’s Growth and Investment and CII-Ceylon Chamber CEOs Interaction, in Mumbai,

First Capital Holdings PLC has taken a significant step forward in reshaping the investment experience with the launch of the country’s first Smart Assisted Customer Onboarding platform with the use of an Avatar.

The new Abdeen Children’s Day Care and Learning Centre at the Katunayake Export Processing Zone (KEPZ) was ceremonially opened on May 14, 2026, marking a significant milestone in employee welfare and child development support within Sri Lanka’s e

Sri Lanka’s automotive sector is poised for a significant development as Continental Cars & Commercials (Pvt.) Ltd announced plans to reintroduce a renowned German automotive brand to the local market later this month.

The Institute of Certified Management Accountants of Sri Lanka (CMA Sri Lanka) last week launched in Colombo nineteen ‘Cost Accounting Standards (CASSL)’, a set of standardized principles and guidelines to be followed by large and medium institut

HNB Life, previously known as HNB Assurance, marks another milestone in its 25-year journey of trust and protection, securing the prestigious Best Life Bancassurance Provider – Sri Lanka award from for the sixth consecutive year.

Fairfirst Insurance continued its focus on leadership development at Great Manager Awards 2025, organised by the Colombo Leadership Academy.

PPIM achieves ACCA’s highest global accreditation tier, four years after attaining the Gold status, cementing its position as Sri Lanka’s leading ACCA tuition provider.

Sri Lanka’s industry marked a new chapter with the launch of the Sri Lanka Association of Animal Nutrition (SLAAN) at an event hosted in collaboration with the U.S. Soybean Export Council (USSEC) in Kandy earlier this month.

Mark and Comm (Pvt.) Ltd together with Talkwalker, the world’s leading social intelligence platform, is now offering clients and prospects in Sri Lanka professional social listening, media monitoring, reporting and strategic advisory as a fully man

The Colombo Stock Exchange started today’s session on a strong positive note, supported by news of a potential peace deal between Iran and the USA. The ASPI surged by more than 240 points within the first 15 minutes of trading, reflecting strong ea

The Sri Lankan Rupee has weakened further against the US Dollar, with the selling rate surpassing the Rs. 338 mark, according to the latest exchange rate report issued by the Central Bank of Sri Lanka today (19).

The International Monetary Fund (IMF), in its successive reviews of Sri Lanka’s recovery programme, has consistently emphasized that a sustained recovery requires a sound banking sector. This in turn means a sector capable of channeling credit into

CEAT Kelani Holdings has expanded its network of premium retail outlets with the opening of a new Shop-in-Shop (SIS) facility at Olympic Tyre House located in Colombo 6.

Bairaha Farms PLC has achieved a milestone in corporate sustainability, becoming one of Sri Lanka’s leading poultry-businesses to receive Greenhouse Gas (GHG) Verification at the organizational level with a “reasonable level of assurance”.

The government achieved a primary surplus for the third consecutive year, reaching 5.4 percent of GDP, while the current account balance also recorded a surplus of 0.7 percent of GDP for the first time since 1987, revealed Central Bank Economic Resea

David Pieris Automobiles (Private) Limited (DPA) marked another significant milestone with the delivery of eight BAIC X55 vehicles to Chevron Lubricants Lanka PLC, which markets the strong Caltex brand in Sri Lanka. This delivery reinforces David Pi

Salesforce has introduced Salesforce Headless 360, making the Salesforce platform accessible through APIs, MCP tools and CLI commands so AI agents can act without relying on a browser.

SITREK Group recently introduced SIDEKICK, a digital platform designed to support operational security management across facilities and corporate environments.