The All Share Price Index (ASPI) recorded its highest ever daily gain, surging by 704.88 points to close at 15,580.83, reflecting a 4.74 percentage increase.

The cost of preparing a traditional kevili or sweetmeats table for the Sinhala and Tamil New Year has increased by 7% in 2025 compared to 2024, and is now more than twice as high as it was in 2019, according to a report by Verité Research.

The All Share Price Index (ASPI) jumped by 805.42 points (5.41 percent) in the first ten minutes of trading, fueled by strong buying interest in banking sector stocks. John Keells Holdings PLC (JKH.N) also contributed to the rally, posting a turnover

Sri Lanka’s recovery is expected to continue at a moderate growth of 3.9 percent in 2025 and 3.4 percent in 2026, following a strong rebound in 2024, the Asian Development Bank (ADB) said in its Asian Development Outlook report released yesterday.

The Asian Development Bank (ADB) announced plans to gradually shift its focus in Sri Lanka from budget support to investment projects, as the country shows signs of economic recovery.

As the developing Asian economies are among the hardest hit with the US tariff that went into effect this week, the Asian Development Bank (ADB) noted that for the Sri Lankan exporters, one of the key issues, among others, would be the erosion of cos

Sri Lanka will launch its long-awaited global tourism promotion campaign by the end of this month, marking a strategic shift from traditional tourism marketing to a comprehensive nation branding initiative that highlights the country’s diverse econ

Cinnamon Life announced Sanjiv Hulugalle as Chief Executive Officer and General Manager of Cinnamon Life at City of Dreams Sri Lanka.

The small and medium enterprises (SMEs) in the country received a further reprieve on the execution of the so-called parate law execution, as the government decided to provide further relief on the borrowers, who have been affected by the repeated cr

Dhammika Perera-controlled Hayleys PLC has acquired a 10.83 percent stake in Diesel and Motor Engineering PLC (DIMO), through a series of transactions worth over Rs.1.04 billion, according to a disclosure filed with the Colombo Stock Exchange. On Ap

Indices closed in red as a result of price losses in counters such as Hayleys, Sampath Bank and John Keells Holdings with the turnover crossing Rs. 3.0 Bn. High net worth and institutional investor participation was noted in John Keells Holdings, Hat

Ahead of today’s T-bond auction, the secondary market saw some selling pressure in the morning hours. The 2028 maturities traded between 10.30 percent - 10.65 percent, while the 2029 and 2031 maturities were traded at 11.00 percent and 11.25 perce

Verdant Capital has announced that its Verdant Capital Hybrid Fund (the “Fund”) has completed an additional investment of US$ 4.5 million in LOLC Africa Singapore Limited (“LOLC Africa”).

The CFA Society Sri Lanka has announced that its signature event, the annual CFA Society Sri Lanka Capital Market Awards, now in its 12th year, is scheduled to be held on June 24 June at ‘Cinnamon Life at City of Dreams’. With a firm purpose of r

The Market Research Society of Sri Lanka (MRSSL) recently held its 12th Annual General Meeting, where Suthaharan Perampalam was elected as the President for 2025.

Nations Trust Bank PLC has announced the appointment of three Independent Non-Executive Directors to its Board, welcoming Arjuna Kumar Wignaraja, Dr. Roshan Anne Perera, and Coralie Pietersz as its newest Directors. Arjuna KumarWignaraja is a profes

Union Assurance PLC has recorded a strong financial performance with growth across key metrics for the year ending December 31, 2024.

Fitch Ratings has assigned Commercial Bank of Ceylon PLC’s (COMB; AA-(lka)/Stable) proposed Sri Lankan rupee-denominated Basel III-compliant subordinated green bonds of up to LKR15 billion an expected National Long-Term Rating of ‘A(EXP)(lka)’.

Sampath Bank was recognised as the Best Commercial Card Issuer in Sri Lanka for the second consecutive year by Visa, reaffirming its leadership in the commercial payments sector. The accolade was presented at the Visa Leadership Conclave 2025 – Vis

The Chamber of Lankan Entrepreneurs (COYLE) is seeking to collaborate and offer support to government officials by assembling a panel of export oriented industry specialists in this time of need.

Azend Technologies announced the successful completion of a management buyout (MBO) on April 8. This strategic move marks the conclusion of a productive four-year joint venture with Innovation ThreeSixty (Private) Limited and Diesel & Motor Engineer

McLarens group recently hosted the 3M-McLarens Occupational Health and Safety Symposium 2025, marking a historic milestone in Sri Lanka’s commitment to workplace safety.

As the festive season approaches, Sri Lankans prepare to embrace joy, celebrations, and memorable moments. However, the benefits of an NDB Credit Card extend beyond seasonal offers, providing year-round peace of mind, unmatched convenience, and finan

In an abrupt move, US President Donald Trump announced a 90-day pause on the reciprocal tariff that went into effect this week.

The Colombo Stock Exchange (CSE) suffered heavy losses Thursday as investors fled risky assets following U.S. President Donald Trump’s shock announcement of 104 percent tariffs on Chinese imports, reigniting fears of a full-blown global trade war.

Dhammika Perera controlled Hayleys PLC has acquired a 10.83 percent stake in Diesel and Motor Engineering PLC (DIMO) through a series of transactions worth over Rs. 1.04 billion, according to a disclosure filed with the Colombo Stock Exchange (CSE).

The Asian Development Bank (ADB) said forecasts for the region, finalized before the United States (US) announced new tariffs on 2 April, project growth in developing Asia and the Pacific to moderate this year and next.

Sri Lanka’s banks and finance companies ended 2024 on a strong note, disbursing a substantial volume of loans to the private sector as declining interest rates and a recovering economy reignited credit demand.

The Board of Investment (BOI) said yesterday that efforts are underway to accelerate the initial steps needed to ensure infrastructure facilities are in place at the proposed investment zones in Kankesanthurai, Paranthan, and Mankulam, aiming for inv

Sri Lanka Insurance Corporation Life Limited (SLICLL) concludes year 2024 with outstanding financial performance, achieving a remarkable profit before taxation of Rs. 30.7 billion.