The Colombo Stock Exchange (CSE) opened April on a strong footing, with the All-Share Price Index (ASPI) gaining momentum to close with bullish sentiment. Trading activity was marked by significant volatility, as dividend counters dragged the market

The government is prioritising equitisation as a key strategy to enhance the governance of state-owned enterprises (SOEs) and inject liquidity into the capital market, instead of embracing full privatisation, which has garnered negative sentiment amo

Nearly one-third of a Rs.922 billion rise in the government’s revenue projection for 2025 is expected to be driven by the value added tax (VAT), an analysis conducted by local analytics platform PublicFinance.lk showed.

Sri Lanka’s Inland Revenue Department (IRD) has introduced a simplified self-declaration process to alleviate the 10 percent advance income tax (AIT) burden on interest earnings for the low and middle-income earners.

Sri Lanka’s external sector showed a mixed performance in February 2025.

The Fintech Association of Sri Lanka (FASL), in strategic partnership with Port City Colombo, will host the FinTech World Cup (FWC) Regional Competition for the first time on April 23, 2025, from 4:00 p.m. to 6:00 p.m., at Port City Colombo.

The free visa scheme, proposed for 39 countries, is expected to secure the Cabinet approval within the next two weeks, before being tabled in Parliament for the final approval, according to Tourism Deputy Minister Prof. Ruwan Chaminda Ranasinghe.

Sakura Power Solutions is expecting a significant boost in its market share in solar power generation in Sri Lanka, along with plans to enter the Maldives later this year, after becoming the exclusive distributor of the Japanese-origin Leapton brand

Cargills Food City has been named as the Supermarket Brand of the Year at SLIM-Kantar People’s Awards 2025, marking an impressive fourth consecutive year of receiving this prestigious recognition.

The Maldives International Education and Wellness Expo, an event that brings together educators, health professionals, wellness experts and businesses from around the globe, will be held from June 13-15 in Hulhumale, Maldives.

Union Bank, as part of its digital agenda, recently unveiled several new features to its mobile banking platform UBgo.

Unilever Sri Lanka and the Industrial Development Board (IDB) of the Industry and Entrepreneurship Development Ministry handed over the second round of financing to 10 female microentrepreneurs.

The price of 12.5kg domestic Laugfs Gas cylinders has been increased by Rs.420 with effect from today.

The consumer prices as measured by the Colombo Consumer Price Index (CCPI), the mostly watched price gauge for March fell by 2.6 percent from a year ago, slower than the 4.2 percent fall in February.

Sri Lanka’s construction sector continued to expand in February, with increased construction activity reported by most respondents, according to the Central Bank.

Fitch Ratings last week announced it assigned State Mortgage & Investment Bank (SMIB) a first-time National Long-Term Rating of ‘BB(lka)’. The Outlook is Stable.

Asia Capital PLC (ACAP) has reached a settlement with Japanese multinational Belluna Co. Ltd., resolving a three-year dispute, resulting in Asia Capital receiving Rs. 783 million, a company statement said.

Hambantota International Port (HIP) welcomed the CMA CGM Silverstone, a pure car carrier operated by CMA CGM, on it’s first-ever call at a Sri Lankan port on March 21. This event highlights HIP’s growing importance as a regional hub for vehicle t

State-owned Bank of Ceylon (BOC) plans to raise up to Rs. 15 billion by issuing BASEL III compliant, Tier 2, listed, rated, unsecured, subordinated, redeemable 5-year debentures with Non-Viability Write down Features.

The global transition to digital payments has redefined financial transactions, delivering speed and convenience. However, this shift has also created a fertile ground for cybercriminals exploiting digital infrastructure worldwide.

Growth in the last five years, growth in 2024 and optimism for 2025. These are some of the key findings from the Sweden-Sri Lanka Business Council’s (SSLBC) 2025 Membership Survey. The results are also a reflection of the increasing interest for Sr

McLarens Lubricants Ltd, the authorised distributor of ExxonMobil products in Sri Lanka, marked the successful conclusion of the Industrial Technical Seminar recently, at Cinnamon Grand.

ALFT Packaging, Sri Lanka’s pioneer in Flexible packaging, successfully concluded an exclusive three-day masterclass titled ‘Unboxing the Future of Flexible Packaging’, in partnership with Miraclon, a frontrunner in the global shift to flexogra

Geometry Global, a strategic business unit of Ogilvy Group Sri Lanka, continued its winning streak at international advertising awards by clinching a Bronze Sustainable Lotus Award at ADFEST 2025 in Pattaya, Thailand.

Island Leisure Lanka (Pvt.) Ltd Managing Director Chandana Amaradasa was appointed as a board member to Teletext Holidays, one of the UK’s largest travel companies. He is the first Sri Lankan to be appointed to a position of this nature in the Bri

Sysco LABS was represented at SLASSCOM Women in Tech Conference 2025 by Sysco Director Cybersecurity, Sysco LABS and Business Information Security Officer APAC Shanthi Rajesh, who joined an expert panel discussion on ‘Closing the Gender Gap in Tech

People’s Bank recently unveiled the Vanitha Vasana VISA Platinum credit card at a special launch event held at Havelock City Mall, Colombo 6.

HNB PLC is ushering in the Avurudu season with a range of discounts, instalment plans and rewards for its credit and debit cardholders. Running throughout April 2025, the promotion includes discounts up to 70 percent, zero percent interest instalmen

Eiger Holdings marked a historic moment for Sri Lanka’s culinary landscape by hosting the first-ever Gelato Masterclass recently at Monarch Imperial.

Unimo Enterprises Ltd has officially launched Unimo Brand-New Avurudu Drive, marking a new era in Sri Lanka’s automobile industry, following the lifting of the five-year import ban. With a strong inventory of Perodua and JMC vehicles readily avail