The ASPI edged down as a result of price losses in counters such as Lion Brewery, Melstacorp and Central Finance Company with the turnover crossing Rs. 1.0 Bn. Meanwhile, the S&P SL20 edged up. High net worth and institutional investor participation

The Central Bank conducted its weekly T-bill auction yesterday, accepting Rs.95.6 billion from the total offered amount of Rs.115.0 billion.

WSO2 announced the launch of the WSO2 Ambassador Program, a global initiative that celebrates and supports the most passionate voices in its tech community, including developers and architects.

ANC Education announced the grand opening of its newest academic building, located at R.A. De Mel Mawatha, Colombo 03.

Further reinforcing its leadership in sustainable finance, DFCC Bank has become the largest investor in Alliance Finance Company PLC’s (AFC) Green Bond Issue, investing Rs. 500 million—half of the total Rs. 1 billion issuance.

First Capital Holdings PLC, a subsidiary of JXG (Janashakthi Group), has been honoured as the winner in the Investment Banking category at the Best Management Practices Company Awards 2025.

Three Sinha Industries Pvt. Ltd. has been recognised with the Award of Excellence at the Sri Lanka Institute of Architects (SLIA) Annual Product Awards, held recently in Colombo.

The Executive Committee for Payment Card Industry Association (PCIA) was selected at their Annual General Meeting held on 3 April. Ashan Wikramanayake was elected Chairman of PCIA for the year 2025/26. Office Bearers were also selected for the posit

Fitch Ratings Lanka Limited has affirmed UB Finance PLC’s National Long-Term Rating at “BB(lka)” with negative outlook, according to a filing submitted to the Colombo Stock Exchange (CSE). The rating action is effective as of April 16, 2025. BB

Ransomware attacks and data leaks have become common across the world. Criminal groups infiltrate computer systems, steal personal or institutional data, and demand payment in exchange for not publishing it. If the ransom is not paid, they often rel

Aitken Spence Hotels marked a defining moment in its commitment to shaping the future of hospitality leadership, as trainees from its flagship Heritance Rise Management Trainee Programme emerged as some of the most decorated graduates at the Sri Lank

Great Place To Work Sri Lanka hosted its much-anticipated event, ‘Exploring Emerging Trends in the Manufacturing & Production Industry’, at the Hilton Colombo recently.

As Sri Lanka continues its journey towards a transparent, accountable, and sustainable corporate environment, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) will commemorate a remarkable milestone – the 60th anniversary of the T

People’s Bank reaffirmed its leadership in organizational excellence by winning multiple awards at the Best Management Practices Company Awards 2025, hosted by the Institute of Chartered Professional Managers of Sri Lanka (CPM Sri Lanka).

Toyota Lanka (Pvt) Ltd recently hosted executives from Toyota Tsusho Corporation (TTC). Atsuhiro Okamoto (The former president of Toyota Motor Corporation Philippines), Senior Project General Manager, Wakana Takagishi, Project General Manager of the

The Consumer Affairs Authority (CAA) is continuing its island-wide raids to track down vendors selling bottled drinking water at prices above the approved rates.

The Colombo Stock Exchange(CSE) saw mixed performance midweek, with the broader market under slight pressure while blue-chip counters showed marginal resilience. Investor activity remained measured, as sentiment stayed neutral ahead of upcoming earni

Fitch Ratings Lanka Limited has affirmed UB Finance PLC’s National Long-Term Rating at “BB(lka)” with negativw outlook, according to a filing submitted to the Colombo Stock Exchange (CSE).

Sri Lanka’s economic growth is projected to decelerate to 3.5 percent in 2025, according to the World Bank (WB), as the country contends with persistent structural constraints, global economic pressures, and unresolved trade policy uncertainties.

A total of 10 million people have registered with the Inland Revenue Department to obtain Taxpayer Identification Numbers (TIN), while at least 7 million people still remain unregistered, IRD Deputy Commissioner General B.K.S. Shantha said.

Sri Lanka will not host Russian charter flights during the off-season due to diminished demand and a lack of summer promotions, according to the Association of Tour Operators of Russia (ATOR).

Lanka IOC PLC kicked off the March earnings season by reporting some subdued top and bottom-line performance for the 4Q25 period.

Sri Lanka’s tea production rose 6.2 percent in the first quarter of 2025, supported by gains across key growing elevations, official data showed.

The Federation of UAE Chambers of Commerce and Industry and the National Chamber of Commerce of Sri Lanka signed a Memorandum of Understanding (MoU) to establish the UAE-Sri Lanka Joint Business Council to strengthen bilateral trade and investment ti

Cabinet has granted approval this week to publish a draft bill aimed at establishing a new independent regulatory body for the gambling sports industry, signalling a major move towards formalising and supervising a growing and largely unregulated sec

In a bid to leverage water resources, the Cabinet of Ministers has green lit a proposal to explore the development of water-based tourism and passenger transport services through a public-private partnership (PPP). The decision, approved during a Cab

Fitch Ratings has assigned Siyapatha Finance PLC’s (A(lka)/Stable) proposed Sri Lankan rupee-denominated senior unsecured debentures of up to Rs. 5 billion an expected National Long-Term Rating of ‘A(EXP)(lka)’.

Indices closed in red as a result of price losses in counters such as Commercial Bank, Hatton National Bank and Hayleys with the turnover crossing Rs. 991 mn.

The secondary market exhibited a mixed tone yesterday, culminating in a broadly neutral performance amid moderate trading volumes.