Laugfs Holdings Limited announced the appointment of Dr. Ravi Edirisinghe as its new Group Managing Director and Group Chief Executive Officer, effective May 2, 2025.

The ASPI closed in red as a result of price losses in counters such as John Keells Holdings, Ceylinco Holdings and Commercial Bank with the turnover crossing Rs. 3.2 Bn. A similar behaviour was witnessed in the S&P SL20. Crossings were witnessed in A

The Central Bank conducted its weekly T-bill auction yesterday, raising Rs.122.7 billion, lower than the initially offered amount of Rs.130.0 billion.

Sysco LABS recently hosted the latest edition of its Nexus series, bringing together thought leaders in the platform engineering space to explore how AI is transforming the developer experience (DevEx) and accelerating software delivery.

Recognizing their unwavering commitment to driving environmental stewardship and sustainable financing solutions, Citizens Development Business Finance PLC (CDB) was conferred Corporate Gold Membership by the Green Building Council of Sri Lanka on 2n

The Commercial Bank of Ceylon has announced its support for accelerating the transition in Sri Lanka to new energy vehicles by launching a collaboration with Evolution Auto, a specialist in multi-brand electric mobility solutions.

Associated Motorways (Pvt) Ltd. (AMW), the authorized distributor of Nissan vehicles for Sri Lanka announced the launch of the New Nissan Magnite in Sri Lanka with bold aesthetics, enhanced safety, and advanced tech. The Nissan Magnite’s bold pres

John Keells Properties (JKP), in collaboration with MullenLowe, has launched “Minutes Away– The Smartest Campaign in Sri Lanka” for JKP’s smart apartment development, TRI-ZEN.

HP has announced the introduction of an exclusive three-year warranty for a select range of laptops featuring Intel and AMD processors in Sri Lanka.

Direct Kitchens, Melbourne’s premier designer and manufacturer of high-end custom kitchens, marked a significant milestone with the launch of its first international showroom in Colombo, bringing over 40 years of world-class kitchen design expertis

Rootcode, a global software product engineering company, has announced its latest European government partnership with the City of Porto, Portugal. This partnership focuses on developing an innovative AI-driven crop health management mobile app and c

Regen Renewables (Pvt) Ltd. (Regen Solar) celebrates 12 years of industry leadership — a journey defined by innovation, resilience, and a steadfast commitment to a cleaner, brighter future.

Students from The Overseas School of Colombo roll up their sleeves to revive degraded land near Sri Lanka’s most iconic rainforest, proving that action speaks louder than awareness.

Sri Lanka’s integrated environmental management solutions provider, Cleantech (Pvt) Ltd was felicitated as the Sustainability Champion of 2025, a recognition for leadership in sustainable waste management, at the WiLAT Awards organised by the Women

VFS Global has completed the acquisition of a majority stake in CiX Citizen Experience, a leading provider of digital and physical citizen services based in Brazil.

The Colombo Stock Exchange (CSE) exhibited negative momentum throughout the trading session. The All-Share Price Index (ASPI) moved lower, closing below the 15,900 mark, following the local government election in Sri Lanka.

Sri Lanka continues to stand tall in the high human development category. However, latest data by the United Nations shows that the momentum is slowing, with regional peers closing in fast.

World Bank (WB) Group President Ajay Banga touches down in Colombo today, marking the first visit by a WB chief in nearly two decades.

Sri Lanka’s national tea sales average fell in April 2025, with the monthly average recorded at Rs. 1,166.75 (US$ 3.91), down by Rs. 17.01 (US$ 0.11) compared to Rs. 1,183.76 (US$ 4.02) in March.

Hayleys PLC saw its Rs. 7 billion senior unsecured redeemable debenture issue oversubscribe on the first day of opening.

Browns Investments PLC (BIL), the investment arm of Sri Lanka’s LOLC Group has acquired FLMC Plantations (Pvt) Ltd in a Rs. 4.8 billion deal.

Bank of Ceylon will raise Rs. 15 billion via five-year BASEL III compliant, Tier 2 listed, rated, unsecured, subordinated debentures with non-viability write down features.

The ASPI closed in green as a result of price gains in counters such as Melstacorp, Windforce and Aitken Spence with the turnover crossing Rs. 1.4 bn.

The secondary bond market remained largely dormant yesterday, with trading activity tapering off significantly amid the conduct of Sri Lanka’s Local Government Elections.

Hayleys Solar has partnered with global renewable energy leader BYD to introduce state-of-the-art energy storage and inverter solutions to the Sri Lankan market, marking a significant step forward in the nation’s energy security and independence.

NDB Wealth marked a defining moment in its journey with Annual Sales Excellence Awards 2024, held to celebrate a year of record-breaking achievements and the people who made it possible.

Fitch Ratings has published the expected National Long-Term Rating of ‘BBB+(EXP)(lka)’ on Merchant Bank of Sri Lanka & Finance PLC’s (MBSL, A(lka)/Stable) proposed subordinated debentures of up to Rs.1 billion.

Recently, Hemas International Business showcased its reputed range of herbal and ayurvedic products to an international audience at Saudi Arabia’s leading exhibition.

At the esteemed Visa Leadership Conclave 2025, held recently at The Hilton Colombo, DFCC Bank was recognised with Visa Commercial Solutions Excellence Award 2025 for achieving the highest quarter-on-quarter issuance growth on corporate cards.