Tourist arrivals growth slows to 9.2% in early December

Sri Lanka’s tourist arrivals growth slowed down to 9.2 percent Year-on-Year (YoY) in the first 11 days of December this year, as the island nation welcomed 68,648 tourists during this period.

Ceylon Beverage Holdings denies possessing price-sensitive information amid unusual trading activity

Ceylon Beverage Holdings PLC, the immediate parent company of Lion Brewery (Ceylon) PLC, has denied possessing any unpublished price-sensitive information following an inquiry by the Colombo Stock Exchange (CSE).

COYLE aims to spread wings to 30 countries over next 10 years

The Chamber of Lankan Entrepreneurs (COYLE) aims to expand its presence into thirty countries over the next ten years in a bid to take Sri Lankan brands global.

MOL recognises HIP for Zero Cargo Damage for 2023/2024

Hambantota International Port (HIP) has once again received international recognition for its outstanding handling of RORO (Roll-On/Roll-Off) transshipment operations.

Shan Meemanage wins award for Innovation in Shellfish Farming and Exports

Tropical Shellfish (Pvt) Ltd, established in 2015 by Shan Meemanage has been named the winner of the Most Innovative Shellfish Farming & Export Company of the Year, Asia Award 2024 by Business World International Organization.

CBSL Governor urges new policies to counter inflation, geopolitical, and climate pressures

Central Bank of Sri Lanka (CBSL) Governor Dr. Nandalal Weerasinghe called for a fundamental shift in central banking frameworks to address the mounting challenges of inflation,

UK-Sri Lanka Trade Mission boosts women entrepreneurs’ export potential

The Sri Lanka Export Development Board (EDB) and International Trade Centre (ITC) co-organised a series of factory visits as part of the UK-Sri Lanka Trade Mission, under the SheTrades Commonwealth+ Programme.

LOLC General and Life secure top spots in customer excellence

LOLC General Insurance and LOLC Life Assurance have secured top positions in the latest LMD rankings, earning recognition as the second and third best service providers in the general and life insurance categories, respectively.

Agromet wins at NCE Export Awards 2024

In a stellar achievement, Agromet Asia (Pvt.) Ltd, a leading manufacturer in Sri Lanka specialising in transforming non-ferrous metals into high-quality products,

Exterminators clinches Gold at Sri Lanka Entrepreneur Awards

Exterminators PLC, Sri Lanka’s premier pest management digi-tech environmental enhancement company, clinched Gold at the Sri Lanka Entrepreneur Awards (Western Province) in the Selected Category.

Ceylinco Cancer Centre unveils refurbished interiors

The Ceylinco Cancer Centre on Park Street, Colombo 2, recently completed a major refurbishment to offer a more comfortable and aesthetically-pleasing environment for visitors.

NDB-Inventors Commission wrap up ‘Sahasak Nimavum’ provincial phase

The provincial phase of the prestigious Sahasak Nimavum Project concluded recently, marking a significant milestone in the journey of Sri Lankan inventors as they showcased their innovative ideas across multiple categories.

Aitken Spence Shipping welcomes AIDAstella on her maiden call to Sri Lanka

Super luxury passenger vessel M.V. AIDAstella of AIDA Cruises, with 2,139 passengers and 640 crew on board, made her maiden call at the Port of Colombo on December 11, 2024.

CB holds 13th International Research Conference

The Central Bank of Sri Lanka held its flagship research event, the 13th International Research Conference, on December 13, 2024, at the John Exter International Conference Hall of the Central Bank.

Conglomerates, SMEs shine at CA Sri Lanka’s TAGS Awards 2024

The much-anticipated grand finale of the 59th TAGS Awards 2024, organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), celebrated excellence in corporate reporting,

Siyapatha Finance opens Deniyaya branch

Siyapatha Finance PLC, a leading finance company in Sri Lanka and a fully-owned subsidiary of Sampath Bank PLC, recently opened its 52nd branch at 310/2, Pallegama Road, Main Street, Deniyaya.

Sampath Bank renews partnership with NCE to empower Sri Lanka’s export sector

Sampath Bank has once again reinforced its unwavering support for Sri Lanka’s export community by renewing its partnership with the National Chamber of Exporters (NCE) for the 32nd Annual Export Awards.

FACETS Sri Lanka 2025 in January

The 31st FACETS Gem and Jewellery Show, organised by the Sri Lanka Gem and Jewellery Association (SLGJA), in partnership with the National Gem and Jewellery Authority (NGJA), will open its doors between January 4 and 6, 2025, at Cinnamon Grand, Colombo.

Private sector contributes to public sector corruption in SL: TISL

The private sector of Sri Lanka plays a prominent role in enabling corruption within the public sector of the country, a recent study conducted on corruption by Transparency International Sri Lanka (TISL) found.

Sri Lanka’s FX market adopts global code to enhance integrity: CBSL

Sri Lanka’s domestic foreign exchange (FX) market, comprising the Central Bank of Sri Lanka (CBSL), all Licensed Commercial Banks (LCBs), and the National Savings Bank (NSB), has adopted the FX Global Code (FXGC), the CBSL said yesterday.

Members appointed to Port City Economic Commission

President Anura Kumara Dissanayake officially appointed members to the Port City Economic Commission, the President’s Media Division said.

German Supply Chain Act yet to impact Sri Lanka’s apparel and tea industries: Policy paper

Sri Lanka’s apparel and tea industries have not yet seen shifts in demand or pricing, following the enactment of Germany’s Supply Chain Act, despite their strong ethical reputations, a policy paper released by the Friedrich Naumann Foundation highlighted.

Sri Lanka elevates luxury tourism at ILTM 2024

Sri Lanka Tourism displayed its potential of taking on major source markets as France by promoting Sri Lanka as a key holiday destination equipped with everything that a traveller needs. This initiative was taken at International Luxury Travel Mart (ILTM) 2024, in Cannes, France, which is one of the world’s leading luxury travel events.

Strengthening of rupee coupled with uncertainties in some markets impacts tea demand and prices

The 49th sale of the year that concluded this week had an increased volume of 6.1 million kilogrammes vis-à-vis the 4.9 million kilogrammes on offer the previous week.

Union Bank CEO Dilshan Rodrigo felicitated by APB

Union Bank Director/CEO Dilshan Rodrigo was recently honoured at the Association of Professional Bankers (APB) Sri Lanka’s distinguished member felicitation ceremony.

ASPI gains 4.3% during the week

The ASPI closed in green as a result of price gains in counters such as Ceylinco Insurance, Melstacorp and Hatton National Bank with the turnover crossing Rs. 6.1 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Hemas Holdings, Hatton National Bank and Melstacorp. Mixed interest was observed in Lanka Milk Foods, Alumex and Commercial Bank whilst retail interest was noted i

Secondary market activities take a slight pause

The secondary market yield curve remained broadly unchanged during yesterday’s session as investors took a breather following the primary market auctions. Despite the limited activities, few maturities on the mid to long end witnessed some trades. Accordingly, on the 2028 bond, 01.05.2028 and 01.07.2028 closed transactions at 10.35 percent and 10.40 percent levels, respectively. The 15.09.2029 maturity enticed trades at 10.75 percent while on th

SLT-Mobitel unveils 2025 calendar featuring dragonflies of Sri Lanka

Continuing the tradition of celebrating Sri Lanka’s natural heritage, SLT-Mobitel has unveiled the 2025 Calendar themed ‘Dragonflies of Sri Lanka,’ focusing on the fascinating world of dragonflies.

MINISO brings magic to SL with Harry Potter collaboration, presented by Abans

MINISO, an international retail brand renowned for providing consumers with high quality products at affordable prices, has brought the magic of the world of Harry Potter, crafted by J.K. Rowling, to Sri Lanka with its latest collection.

Barista unveils Festive Holiday Cup at launch party

Café chain Barista kicked off the holiday season with a bang at their festive launch party held on November 29th at the Barista Orion City outlet. The unveiling of the Holiday Cup was a true celebration of joy and warmth, capturing the magic of the season in every sip.