Commercial Bank of Ceylon has entered into a strategic partnership with Indra Traders (Pvt.) Ltd to promote the latter’s vehicle portfolio through attractive leasing facilities.

David Pieris Renewable Energy (Private) Limited (DPRE) has entered into a strategic partnership with Sampath Bank PLC to make solar energy more accessible and affordable across Sri Lanka.

In celebration of Chinese tea culture and Shangri-La’s enduring commitment to showcasing the richness of Asian heritage, Shangri-La Colombo is hosting a rare and refined tea experience led by Tea Master Ji

The fourth South Asian Actuarial Conference (SAAC 2025) kicked off in Colombo this week under the theme ‘Brewing the Perfect Blend: Actuaries, the Master Blenders of Risk’.

The Colombo Stock Exchange (CSE) continued its downward trend, closing the day on a negative note as both the All Share Price Index (ASPI) and the S&P SL20 declined. The sustained downturn was primarily driven by ongoing geopolitical tensions in the

The Colombo Stock Exchange (CSE) announced the appointment of Dimuthu Abeyesekera as the new Chairman of its Board of Directors.

The Inland Revenue Department (IRD) has disbursed a large portion of its long-standing tax refund backlog this year, following a targeted intervention by the Finance Ministry to address a major grievance within the business community.

The Sri Lanka Ports Authority (SLPA) is set to enhance its operational capacity and environmental credentials with the procurement of 20 new electrically operated prime movers at a cost of Rs.1 billion.

Global investment firm Blackstone has acquired the unsold inventory of Altair luxury residential project and South City Mall in Kolkata from South City Projects for INR 3,250 crore.

President Anura Kumara Dissanayake paid tribute to the outgoing Treasury Secretary Mahinda Siriwardana, acknowledging his pivotal role in steering the country through its most turbulent economic period in decades and achieving “significant economic

Bank of Ceylon (BOC) has been awarded Islamic Retail Bank of the Year – Asia by The Banker, a Financial Times publication, at its 2025 Islamic Banking Awards.

State-owned Bank of Ceylon (BOC) has increased its paid-up capital from Rs.25 billion to Rs.25.73 billion, a move formalised through a government gazette and a subsequent disclosure to the Colombo Stock Exchange (CSE).

Royal Ceramics Lanka PLC (Rocell) is banking on a recovery in the nation’s construction sector but the company’s optimism is tempered by the significant challenges posed by a surge in cheap imports and the absence of anti-dumping legislation.

The ASPI closed in red as a result of price losses in counters such as Hayleys, C T Holdings and Sampath Bank with the turnover crossing Rs. 3.8 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor particip

Amid the ongoing geopolitical uncertainties, the market remained cautious, maintaining a prudent wait-and-see approach amid the mixed sentiment.

The International Labour Organization (ILO) recently convened a policy dialogue, ‘The Northern Forum: Bridging Policy and Practice.’

The Association of Chartered Certified Accountants (ACCA) Sri Lanka held its Annual General Meeting (AGM) on June 5 at the Courtyard by Marriott, Colombo.

Orel IT has entered into a strategic partnership with ByteDC Solutions, Cambodia’s premier Tier III data centre and exclusive Huawei Cloud distributor.

Sri Lanka aims to become South Asia’s Innovation hub by 2030, with Disrupt Asia 2025 serving as the national platform driving this ambitious transformation.

The Ceylon Chamber of Commerce, together with the Chamber’s Sri Lanka–Bangladesh Business Council (SLBBC), at the invitation of the Sri LankaHigh Commission in Bangladesh, hosted a high-level Business Dialogue with a visiting delegation from the

TVS Motor Company has named Sudarshan Venu as incoming Chairman of the company, in recognition of his contributions to the company’s sustained growth and strategic development during his tenure as Director. Effective August 25, 2025, Sudarshan Ven

Virtusa Corporation has been awarded the EcoVadis Gold Medal for the third consecutive year, recognizing the company’s outstanding sustainability performance.

The Colombo Stock Exchange (CSE) ended the day in negative territory, continuing its recent decline, as both the All Share Price Index (ASPI) and the S&P SL20 fell. Selling pressure increased throughout the session, mainly due to rising tensions in t

A fundamental shift from traditional, process-heavy public procurement to an agile, outcome-based model is paramount to accelerating Sri Lanka’s digital economy, according to Chief Advisor to the President on Digital Economy Dr. Hans Wijayasuriya.

There has been some modest pickup in credit card spend in April reflecting that consumers are ramping up spending on everything from their staples to discretionary such as dine-outs and recreational activities as conditions turn relatively better whi

Sri Lanka’s economy continued humming as both manufacturing and services sector activities have expanded in May as reflected in the Purchasing Managers’ Index (PMI) data for the month.

Sri Lanka and France inked a bilateral agreement on Monday as part of the island nation’s external debt restructuring process, marking what the Finance Ministry called a significant milestone in efforts to restore debt sustainability and revive the

Vidullanka PLC’s issuance of five million listed, rated, secured, and redeemable Sukuk was fully subscribed on the opening day (17 June).

The Colombo Stock Exchange (CSE) is set to launch a Central Counterparty (CCP) framework next month, marking a significant advancement in the evolution of Sri Lanka’s capital market infrastructure.

The World Bank has initiated a global search for a top-tier consulting firm to chart the future of Sri Lanka’s burgeoning information technology sector.