Indices closed in red as a result of price losses in counters such as Commercial Bank, Hayleys and Melstacorp with the turnover crossing Rs. 3.8 bn.

Expertise France, in collaboration with the Colombo Stock Exchange (CSE), hosted a pivotal Stakeholder Consultation Session on ‘Challenges for Issuing Corporate Green Bonds in Sri Lanka’, at Galle Face Hotel, Colombo, engaging over 75 participant

Prime Lands Residencies PLC announced the appointment of Senior Professor Sampath Amaratunge as an Independent, Non-Executive Director to the board.

NDB Wealth introduces Xapp, a seamless digital investment platform designed to remove barriers to investing and make wealth-building more accessible than ever.

HNB PLC announced the successful completion of an ambitious and comprehensive transformation of its human resources (HR) framework, as part of a broader mission to ensure a high-performing, future-ready workforce.

HNB Assurance launched ‘in.together’, the company’s diversity, equity and inclusion (DEI) initiative, in partnership with Diversity Collective, a leading consultancy focused on creating inclusive workplaces.

Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, in collaboration with Huawei and Samsung, has achieved a significant milestone in its 5G journey by demonstrating 6.2Gbps speeds on its 5G

LOLC Technologies recently launched its revolutionary solution OASYS^ to its partner network through Sanfer Technologies, a fully-owned subsidiary of South Asian Technologies.

The Institute of Supply and Materials Management (ISMM) has taken a significant step in strengthening Sri Lanka’s supply chain industry by expanding its strategic partnership initiative.

On the evening of March 30, 2025, a very special gathering took place—one that brought together the talented, hardworking women who are often the unseen forces behind unforgettable wedding days.

Sri Lanka Insurance General in collaboration with the Education, Higher Education and Vocational Education Ministry, has launched the Suraksha insurance scheme, a national initiative aimed at ensuring the health and well-being of Sri Lankan schoolchi

Amana Takaful Life Insurance PLC has once again demonstrated its commitment to delivering unparalleled financial security and growth, delivering attractive returns for the long-term policyholders for 2024.

Ceylinco Life honoured the ‘titans’ of the company’s success at a two-day extravaganza at Cinnamon Life.

Orel IT, a global technology company, leading in next-gen technology solutions, has earned dual recognition at Best Management Practices Company Awards (BMPC) 2025.

On 2 April, US President Donald Trump imposed a 44 percent tariff on Sri Lankan exports to the United States. With apparel comprising 64 percent of these exports—valued at nearly USD 1.8 billion in 2023—Sri Lanka’s apparel industry is likely to

The sudden imposition of steep U.S. tariffs—rising from 12 percentage to 44 percentage—has rattled investor confidence, sending markets into a tailspin. With further details on the revised tax structure still pending, export-driven firms are brac

Hatton National Bank (HNB) of Sri Lanka has withdrawn its non-binding offer to acquire Bank Alfalah’s operations in Bangladesh.

John Keells Holdings PLC (JKH) has divested its entire 37.62 percent equity stake in Tea Smallholder Factories PLC for a total of Rs.395 million. Udapusslaewa Plantations, a unit of LOLC has acquired 37.59 percent stake for total of Rs. 394.68 millio

Sri Lanka has been slapped with 44 percent reciprocal tariff by the US, which would impact the local export sector, particularly apparel.

Sri Lanka is yet to assess the impact of the reciprocal tariffs imposed by the Trump administration, which take effect today, April 3, following the announcement on April 2. US President Donald Trump has referred to this as the “Liberation Day” f

Sri Lanka is positioning itself as a premier global destination for high-profile weddings, as it aims to attract 20-25 luxury weddings annually, with an estimated revenue potential of US $ 6.25 million.

Cargills Bank yesterday said its core operations remain fully secure and functional, despite a cybersecurity incident that occurred last month. In a disclosure to the Colombo Stock Exchange late last evening, the bank assured all banking services con

Emirates announced yesterday that Colombo would be among the next eight destinations to be served by the airline’s B777s with the upgraded cabins, as the airline’s retrofit programme continues to progress at an impressive pace, with an aircraft r

Fitch Ratings yesterday assigned Bank of Ceylon’s (BOC) (CCC+/CCC+/AA-(lka)/Stable) proposed Basel III-compliant subordinated unsecured debentures of up to Rs.15 billion an expected National Long-Term Rating of ‘A(EXP)(lka)’. The proposed deben

DIMO, the sole authorized general distributor of Tata Motors in Sri Lanka, has completed the first large-scale fleet acquisition of Tata SIGNA Prime Movers to International Logistics & Movers (Pvt) Ltd (ILM).

The Association of Professional Bankers (APB) Sri Lanka has announced its committee for the 2025/26 term at its recent Annual General Meeting held at The Kingsbury Colombo.

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.

Sarvodaya Development Finance PLC (SDF) has secured the full membership in the Global Alliance for Banking on Values (GABV), an international network of banks working to build a more sustainable and inclusive financial system.

The ASPI closed in green as a result of price gains in counters such as Hayleys, Ceylon Tobacco Company and Royal Ceramics with the turnover crossing Rs. 2.2 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional inve