Ahead of the T-Bond auction scheduled for July 11, market participants remained on the sidelines yesterday, leading to a dormant day in the secondary market.

The Joint Chambers of Commerce yesterday urged the government of Sri Lanka to engage in meaningful consultation with all recognised industry chambers before making decisions that directly impact trade, exports and the wider economy.

AIA Group recently hosted its annual Bancassurance Summit 2025 in Beijing, bringing together senior executives and strategic banking partners from across the Asia-Pacific region.

Commercial Bank of Ceylon has partnered with Hayleys Agriculture to offer customised leasing and loan facilities to farmers investing in high-quality agricultural machinery supplied by Hayleys Agriculture, in a move designed to strengthen Sri Lanka

The BCS – The Chartered Institute for IT has once again marked a significant milestone with the successful launch of the 27th edition of National ICT Awards – NBQSA 2025, continuing its nearly three-decade legacy of recognising and rewarding inno

HNB PLC announced a new partnership with Senok Commercial Vehicles (Pvt.) Ltd, the authorized distributor for Eicher vehicles in Sri Lanka, to provide flexible and accessible leasing solutions for customers looking to invest in reliable commercial tr

Blue Ocean Group inked a US $ 3.38 million project with Sri Lanka’s Board of Investment (BOI), strengthening its position with business continuity.

Singer Finance PLC has entered into a strategic partnership with Diesel & Motor Engineering PLC (DIMO) to offer enhanced financial solutions to a wider customer base across the island.

The Hotel Asia Exhibition is back with one of the most important events in the Maldives, in terms of hospitality, with its famous culinary competition.

Associated Motorways (Pvt.) Ltd (AMW), one of Sri Lanka’s leading and most trustworthy names in the automative sector and sole distributor for Nissan and Suzuki, recently signed a memorandum of understanding (MoU) with Orient Insurance, a leading i

The Central Bank (CB) has appointed P.W.D.N.R. Rodrigo as the administrator for the financially distressed Nation Lanka Finance PLC (NLFP), effective July 4, 2025.

The Inland Revenue Staff Officers’ Association (IRSOA) urged the government to grant tax concessions for importing vehicles with engine capacities below 1,500cc instead of prioritising the import of higher-capacity vehicles that drain more foreign

Cabinet Spokesman and Minister Nalinda Jayatissa dismissed concerns over vehicle imports, stating that undue fear is being created unnecessarily.

The Colombo Stock Exchange (CSE) closed the trading day on a negative note, despite witnessing heightened trading activity. Within the first half of the session alone, the market generated approximately LKR 5.00 billion in turnover, primarily driven

The local vehicle market could face sharp price hikes if the government imposes any conditions on utilising the remaining USD 200 million allocated for vehicle imports, Vehicle Importers’ Association of Sri Lanka (VIASL) President Prasad Manage war

The Department of Motor Traffic (DMT) and the Vehicular Emission Test Trust Fund (VETTF) have introduced a web portal that enables vehicle owners to check whether their vehicles have been blacklisted a service designed to improve transparency and enf

But industry faces headwinds, says Tokyo Cement

The National Transport Commission (NTC) is advancing its plans to modernise Sri Lanka’s public transport system by introducing a prepaid transit card and integrating bus routes into Google Maps.

Sri Lanka’s economy is bracing for a potential shockwave, as the Free Trade Zone Manufacturers Association (FTZMA) warns that the proposed tariffs by President Donald Trump could lead to a loss of approximately 50,000 jobs in the initial stages and

Colombo Dockyard PLC announced plans to raise over Rs.12.93 billion via a rights issue, offering 323.4 million new ordinary voting shares, at Rs.40.00 each, as the shipbuilding and repair company seeks to shore up its financial position and address t

The Sri Lanka Shippers’ Council (SLSC) yesterday mounted a defence of the nation’s state-mandated all-inclusive freight regulation, as the government signals willingness to review the regulation.

Indices closed in red as a result of price losses in counters such as Melstacorp, Hatton National Bank and Commercial Bank with the turnover crossing Rs. 2.4 Bn. High net worth and institutional investor participation was noted in C T Holdings, Cargi

Sri Lanka’s IT/BPM industry has unveiled an aggressive new strategy to court the Indian tech giants, positioning the island nation as a premier “alternative tier-two city” for companies looking to expand and diversify their operations. The init

Trading in the secondary market started the week with subdued activity, leaving the yield curve largely unchanged. Notable trades included the 15.02.2028 and 15.03.2028 maturities trading at the rate of 8.75%, while the 01.05.2028 and 15.06.2029 mat

Luxury Ayurveda chain Spa Ceylon and Shangri-La Colombo, together with Mastercard, took fine dining to new heights by hosting an exclusive multi-sensory, immersive dining experience, on par with international standards.

Imperial College of Business Studies (ICBS) marked a significant milestone as it celebrated its 40th anniversary with its university partners, lecturers, corporate partners and staff at a gala event held in Cinnamon Life recently. The college’s hi

Lanka Bio Fertilizers (Pvt) Ltd, one of Sri Lanka’s leading manufacturers and distributors of Hybrid Pellet Fertilizers, NPK Compound Fertilizers, and Biofertilizers, continues to make significant strides in transforming the agricultural landscape

SriLankan Airlines, together with the Malaysia Tourism Promotion Board, recently hosted a group of Sri Lankan journalists on a familiarisation (FAM) tour of Malaysia, aimed at strengthening travel and tourism ties between the two countries.

Scanwell Logistics hosted its Annual General Meeting (AGM) in Sri Lanka recently, bringing together over 100 senior leaders and delegates from more than 65 global stations.

Sysco LABS recently launched ‘Sysco LABS Academy’, a learning and mentoring initiative that immerses school students in the possibilities and realities of the tech industry and modern workplace dynamics.