In an effort to unlock the economic potential of homegrown innovation, Cabinet nod was granted this week to establish a multi-disciplinary technical appraisal committee to fast-track research and development (R&D) projects for investment.

The ASPI closed in green as a result of price gains in counters such as Hatton National Bank, Melstacorp and C T Holdings with the turnover crossing Rs. 18.7 bn.

Secondary market participants yesterday maintained buying interest ahead of today’s T-Bill auction, leading to a further tapering down of the yield curve.

The recently concluded Dubai FinTech Summit 2025, held on May 12 and 13, at Madinat Jumeirah, under the patronage of Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, convened some of the world’s most disruptive minds in finance and technology.

Raddella Holdings Managing Director Thushira Raddella, who recently completed his tenure as COYLE President, reflected on the year gone by, COYLE’s future plans as well as the way forward for Raddella Holdings, as he handed over the reins of this n

First Capital Holdings PLC reported a total comprehensive income of Rs. 5.0 billion for the year ended March 31, 2025, down from Rs. 10.1 billion a year earlier, as gains normalised following a sharp decline in interest rates in the previous year.

Seylan Bank continued its collaboration with the Kedella Construction Expo in 2025 for the 13th consecutive year as the event’s title and official banking partner.

DFCC Bank PLC successfully concluded its Mega Town Storming Campaign, a high-impact, nationwide initiative designed to increase awareness and adoption of DFCC Bank’s current accounts while reinforcing the bank’s presence as a people-first, commun

OREL IT announced a landmark achievement for Sri Lanka’s digital ecosystem: OREL Cloud has become the first local cloud provider in the country to be certified under ISO/IEC 27017.

While Sri Lanka slowly recovers from its largest economic crisis so far, social protection programmes are central to the country’s growth.

Singer Sri Lanka PLC unveiled the latest range of Piaggio Apé three wheelers in Colombo recently.

CFA Institute has released a new report titled “Clicks and Credibility: Understanding Finfluencers’ Role in Investment Decisions”,

Hayleys Fentons officially launched the StarCharge electric vehicle (EV) charging solutions to the local market, marking a major leap in the country’s clean mobility infrastructure.

Evolution Auto (Pvt.) Ltd, Sri Lanka’s leading electric vehicle (EV) solution provider, partnered with Union Bank of Colombo PLC to offer exclusive auto loans and leasing facilities to make EV ownership more accessible.

DIMO, the authorised distributor for KALMAR equipment in the country, recently delivered the state-of-the-art KALMAR DCU80 empty container handler (ECH) to IWS Logistics (Private) Limited.

Strengthening its footprint across Sri Lanka, HNB Assurance PLC officially opened its newest branch in Jaffna, located at No. 521, Point Pedro Road, Nallur.

SLT-Mobitel and the Pensions Department extended their longstanding strategic partnership, strengthening the shared commitment to enhancing digital inclusion for Sri Lanka’s state sector pensioners.

NDB Bank launched the NDB Mastercard debit card, marking a significant milestone in the bank’s journey towards driving digital payment adoption and promoting financial inclusion, while delivering great value to its customers.

The Colombo Stock Exchange (CSE) closed on a positive note today, marked by a significant increase in market activity. The highlight of the day was the exceptional turnover, which reached a yearly high of LKR 18.709 billion.

The Colombo Stock Exchange (CSE) posted its highest daily turnover for the year today, reaching Rs. 18.7 billion.

Sri Lanka’s biggest tourism expo, Sancharaka Udawa 2025, took place on 23 and 24 May at the BMICH with President Anura Kumara Dissanayake leading the launch.

Sri Lanka’s export engine gathered pace in April 2025, marking an 8.74 percent year-on-year (YoY) growth, with earnings reaching US $ 1.29 billion.

The UK is keen to see Sri Lanka reduce market access barriers and improve ease of doing business and enhance transparency, which will further boost the trade and investment relationship between the two nations.

As Sri Lankan customers of TEMU are facing delays in receiving their parcels, CPEX Sri Lanka, an official delivery agent for the Chinese e-commerce company, affirmed the resumption of the dispatches.

LOLC Finance PLC set a new benchmark in the non-bank financial institution (NBFI) sector by reporting an outstanding profit after tax of Rs.25 billion for the financial year ending March 31, 2025.

JAT Holdings PLC closed the financial year ending March 2025 on a stronger bottom line, with cost efficiencies and strategic integration efforts driving up profitability.

The secondary market began the week with a sustained buying sentiment, echoing the momentum seen in previous sessions.

The ASPI edged up as a result of price gains in counters such as Ceylon Cold Stores, Hemas Holdings and Hayleys with the turnover crossing Rs. 3.7 Bn. Meanwhile, the S&P SL20 edged down. High net worth and institutional investor participation was not

The Ceylon Chamber of Commerce will host a special session on May 29th featuring a high-level executive from Alibaba.com, aimed at helping Sri Lankan Small and Medium Enterprises (SMEs) expand their global footprint and tap into new overseas markets.

SMI Point Limited, a luxury developer, has signed an agreement with the Board of Investment (BOI) for a US$ 22.4 million worth 102-apartment luxury residential complex in the heart of the commercial capital Colombo.