Targets 100 outlets in Phase 1 Hayleys PLC, Sri Lanka’s most diversified conglomerate will pursue strategic entry into the large-scale supermarket sector, representing a bold step forward that marks the beginning of a new chapter in its 148-year legacy of diversification and value creation. This move underscores the Group’s strategic thrust towards bringing quality, reliability…
The past meets the future as top carmaker unveils two powerful statements of design, innovation, and intelligent mobility Kia Motors Lanka has set the stage for a new era in Sri Lankan motoring with the simultaneous unveiling of two landmark models – the 2026 Kia Sorento Hybrid and the Kia EV5 – at an exclusive…
Cargo volumes at Hambantota International Port (HIP) have surged by 151 per cent year-on-year, with throughput reaching 6,028,493 metric tons by September 2025 compared to 2,397,971 metric tons in the same period last year. This was achieved despite operational challenges triggered by lifting the ban on local vehicle imports. With the lifting of import restrictions,…
JF Packaging Limited, one of Sri Lanka’s leading and multi-award-winning flexible packaging solutions provider, successfully hosted its Investor Forum on 21st October 2025 at The Studio at Cinnamon Life, attracting strong participation from both domestic and international investors. The event brought together high-net-worth individuals, retail investors, institutional funds, and industry analysts, offering them an in-depth…
In a historic milestone for sustainable finance, First Capital Holdings PLC, a subsidiary of JXG (Janashakthi Group) and a pioneering full-service investment institution, has been awarded the Certificate of Acceptance to the Sustainability Standards & Certification Initiative (SSCI) by the European Organisation for Sustainable Development (EOSD). This landmark recognition was conferred recently during the Annual…
The price of gold in Sri Lanka has declined by around Rs. 60,000 in comparison to last Friday (17), while today (22) alone, the price of gold has decreased by around Rs. 20,000. Accordingly, today’s price of a 22-carat gold sovereign at the Colombo Pettah gold market has decreased to Rs. 322,000, from Rs. 379,200…
The Commercial Bank of Ceylon was formally presented the Global Finance ‘Best Bank in Sri Lanka’ award recently, at the magazine’s annual awards ceremony held, as customary, during the IMF/World Bank annual meetings in Washington DC. This was the 23rd year that Commercial Bank received this prestigious international accolade from Global Finance. In Washington DC…
Viskam Prabha – 2025 Exhibition and Market organized by Upper Provincial Rural Development Department was inaugurated yesterday (21) under the floor of Upper Provincial Council campus under the leadership of Rural Development, Social Security and Social Empowerment Minister Kalanidi Ubali Pannila. The aims are to strengthen the rural economy, eliminate poverty and empower women. Wiscom…
The overall rate of inflation, as measured by the National Consumer Price Index (NCPI), has increased to 2.1% in September 2025, compared to 1.5% in August 2025, according to the latest data released by the Department of Census and Statistics. Meanwhile, food inflation has increased to 3.8% in September compared to 2.9% in August and…
The Employees Provident Fund (EPF) has recorded an unrealized profit of Rs. 73.97 billion from its total investments in the Colombo Stock Exchange (CSE) as of the end of the first half of 2025, according to official reports. This profit represents 86.13% of the fund’s total stock market investment value. The EPF has invested Rs….
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