Ceylon Tobacco Company PLC reported subdued revenue for the quarter ended March 2025, as the sales continued to be pressured by the widespread availability of smuggled cigarettes sold at significantly lower prices. The company reported a turnover of

Singer (Sri Lanka) PLC reported some solid top and bottom-line performances for the three months ended March 2025, on the back of strong demand for its durable products as well as at its financial services business, amid the declining interest rates.

The ASPI edged up as a result of price gains in counters such as Hatton National Bank, John Keells Holdings and Seylan Bank with the turnover crossing Rs. 2.6 Bn.

Over 200 small and medium enterprises (SMEs) from across Sri Lanka are set to gather tomorrow for National SME Forum 2025, aimed at boosting export growth for local businesses.

The week began with a pullback in buying sentiment, as market participants engaged in some profit-taking. This transition ushered in a more measured tone, while the trading volumes remained relatively moderate. Among the traded maturities, 15.02.2028

Artificial Intelligence (AI) is no longer the domain of science fiction — it has become the defining force of the digital age. Shehan Ahamed, Founder and CEO of Data Fusion Corp. Pvt Limited, underscores the profound and accelerating influence of A

The Ceylon Chamber of Commerce recently hosted an engaging interactive session with Sri Lanka’s newly appointed Heads of Mission to key global destinations, offering the local business community a valuable opportunity to connect directly with the c

The Commercial Bank of Ceylon has chosen Vavunathivu in the Batticaloa District as its second ‘AgriModernisation Village’ in Sri Lanka, following the success of the bank’s pilot AgriModernisation Village programme in Mahilankadu in Kilinochchi.

Seylan Bank’s financial solution for senior citizens, Seylan Harasara, offers a range of discounts for medical needs and leisure through its debit card partnerships with Asiri Hospitals, Vision Care, and Vijitha Yapa Bookshops. Standing as one of

The Sri Lanka Agripreneurs’ Forum (SLAF) recently had a high-level meeting with Dr. Maryam Mariya, Minister of Agriculture and Animal Welfare of the Republic of Maldives, during her official visit to Sri Lanka.

Hambantota International Port (HIP) marked a significant milestone in its cruise operations, welcoming the Sphinx class AIDAstella, the first vessel from AIDA Cruises to call at the port. The luxury liner, which called at the port during the Vesak w

Progressive leaders from across South Asia and U.S. Soy farmers gathered in Colombo for the SUSTAIN A SUMMIT conference this week, hosted by the U.S. Soybean Export Council (USSEC).

Colombo Coffee Company, the largest total coffee solutions provider in Sri Lanka’s and a fully-owned subsidiary of the world’s largest Ceylon Tea exporter Akbar Brothers, has appointed Kushan Samararatne as the Chief Executive Officer.

The Supporting Effective Dispute Resolution (SEDR) project, funded by the European Union (EU) and implemented by the British Council in partnership with The Asia Foundation, concluded its five-year journey with the SEDR End-of-Project Symposium on 29

Radisson Blu Resort Galle, Radisson Hotel Kandy, and Radisson Hotel Colombo announced the appointments of William Fernando as Cluster Director of Sales and Isuri Perera as Cluster Assistant Director of Sales.

The Colombo Stock Exchange (CSE) commenced the week on a positive note, extending its upward momentum amid sustained investor confidence. The market surge was primarily driven by the continued optimism among investors, supported by a gradual easing o

The Colombo Stock Exchange (CSE) continued its bullish momentum, recording substantial volumes and turnover as the market closed above the 16,300 mark.

Top economists are strongly advocating for Sri Lanka and India to conclude an ‘early harvest’ investment agreement within this year, viewing it as a critical first step towards a comprehensive Free Trade Agreement (FTA).

A key ancillary recommendation within the Gateway House report is the piloting of a regional Production Linked Incentive (PLI) scheme in Sri Lanka, with a specific focus on solar panel manufacturing.

The traditional New Year-driven break took a toll on manufacturing activities, as usual, and less on services, as reflected by the Purchasing Managers’ Index (PMI) for April 2025.

Moody’s recent downgrade of the United States’ long-term credit ratings is sending ripples across global financial markets, prompting Colombo-based Lanka Rating Agency (LRA), to closely monitor the potential impact on the island nation’s substa

The Ceylon Electricity Board (CEB) reported a sharp decline in its top-line and recorded a gross loss for the quarter ended March 2025.

Chevron Lubricants Lanka PLC reported 5.0 percent higher revenues for the three months ended March 2025, reaching Rs.7.39 billion.

In a bid to clear and widen the entrance to the heritage city of Galle, accessed via the Southern Expressway, the Road Development Authority (RDA) has forwarded a special development plan to create a four-lane motorway.

BRJW Enterprises, a family-owned automotive business with a 45-year legacy, announced the successful importation of the full range of Bentley motor vehicles to Sri Lanka.

Singer Sri Lanka partnered with Hutch to expand mobile connectivity access via Singer’s extensive retail network.

The 39th International CA Students’ Conference, organised by the Chartered Accountants Students’ Society of Sri Lanka (CASS), was successfully held recently at Monarch Imperial Hotel, Colombo, under the theme ‘Transform Mindset, Transcend Bound

Hayleys Solar and Mercantile Investments and Finance PLC have signed a memorandum of understanding to collaborate on making solar power more accessible and affordable to customers nationwide in Sri Lanka.

As part of its strategic islandwide campaign, the National Organic Control Unit (NOCU), the country’s official authority for organic agriculture coming under the purview of the Sri Lanka Export Development Board (EDB), successfully conducted its se

Fortude has announced a strategic partnership with Ettos, a leading supply chain traceability platform, aimed at enabling fashion businesses to maintain more transparent processes and allowing customers to understand how their products are made.