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Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, has committed LKR 420 million in support of the Government’s Rebuilding Sri Lanka initiative, aimed at accelerating recovery in the aftermath of Cyclone Ditwah. The commitment will support critical recovery efforts across healthcare and education benefiting communities in affected regions. These include the restoration and upgrading of…
Featured
In an effort to further strengthen its longstanding commitment to agricultural development and rural empowerment, Link Natural Products (Pvt) Ltd. has entered into a strategic partnership with Sampath Bank under the Bank’s flagship Sampath Saviya Agri-Entrepreneurship Development Programme. A formal Memorandum of Understanding (MoU) was signed by both parties on the 26th of November 2025,…
Asia Corp Insurance Brokers Pvt Ltd (ACIB) ushered in the New Year with optimism and unity under the theme “The Next Chapter Begins”, marking a fresh start grounded in hope, resilience, and team spirit. The New Year celebration was held on 01st January 2026 at the company’s Head Office at the World Trade Center Colombo,…
Associated Motorways (Private) Limited (AMW) extended timely humanitarian assistance to communities affected by the recent Ditwah Cyclone by handing over a consignment of essential relief packs to the Disaster Management Centre (DMC), supporting ongoing national disaster response efforts. The initiative is expected to benefit 1,000 affected families, with each family receiving a relief pack comprising…
DFCC Bank hosted an exclusive Pro-Am tournament on 4 January 2026 at the Royal Colombo Golf Club, marking the opening event of the Faldo Golf Series Powered by DFCC Bank 2026. The Pro-Am forms a signature moment of the tournament week, bringing together established professionals, emerging junior golfers, and a select group of DFCC Bank’s Pinnacle customers and corporate partners…
Asia Siyaka Warehousing (Pvt) Ltd., the largest auction logistics provider in Sri Lanka’s tea sector, has achieved a historic global benchmark in sustainability, becoming the world’s first and only ZeroCarbon® certified company in tea auction logistics. The achievement was awarded by the Sustainable Future Group (SFG), Sri Lanka’s premier sustainability certification body. It highlights the…
The Sri Lanka High Commission in London recently marked a defining milestone in creative economy and craft development through the global launch of the EU–Sri Lanka Craft Matchmaking Programme, bringing the initiative’s research, collaborations, and co-created outcomes onto the international stage for the first time. The milestone comes at a critical moment for Sri Lanka,…
USD 8.5 Million Investment Creates 500 Jobs and Generates USD 50 Million Annual Revenue Shield Restraint Systems (Pvt) Ltd today officially opened its cutting-edge manufacturing facility at the Export Processing Zone, Wathupitiwala, Nittambuwa, marking a significant milestone in Sri Lanka’s industrial development and foreign investment landscape. The event was attended by senior executives from the…
Siam City Cement (Lanka) Limited (INSEE Lanka) has announced the appointment of Eng. Thusith C. Gunawarnasuriya as its new Chief Executive Officer, effective 01 January 2026. He succeeds Nandana Ekanayake, who will continue to serve as Chairman, ensuring leadership continuity and strategic stability for the organisation. A long-standing contributor to INSEE’s journey, Thusith has worked…
HNB’s recognition as Sri Lanka’s ‘Best Bank for 2025’ by The Banker magazine UK, alongside being named the ‘Strongest Bank in Sri Lanka’ by The Asian Banker (TAB), comes at a pivotal moment for the nation and its financial sector. These prestigious awards which evaluates global banks on financial strength, innovation, governance, and long-term strategic…
First Capital Asset Management Limited, a subsidiary of First Capital Holdings PLC, is pleased to announce the appointment of Kavin Karunamoorthy as a Non-Independent Executive Director to the Company’s Board of Directors, with effect from December 2025. Kavin currently serves as the Chief Executive Officer of First Capital Asset Management Limited, a position he has…
Top News
The Colombo Stock Exchange (CSE) recorded a notable rise in its market indices today (06), extending its upward momentum for the ninth consecutive trading session. The All Share Price Index (ASPI) posted a significant gain of 278.16 points during the day, reflecting a 1.21 percent increase compared to the previous trading session. Accordingly, the ASPI…
Singapore Airlines will commence three daytime flight services between Colombo and Singapore from 6 January 2026, further expanding connectivity between Sri Lanka and the airline’s global network. The new daytime service will operate on Tuesdays, Thursdays, and Sundays, strengthening the airline’s existing flight schedule and offering customers greater flexibility and choice when travelling between the…
Shares of WealthTrust Securities Limited (“WTS”), following the successful completion of its Initial Public Offering (IPO), are set to begin trading tomorrow on the Colombo Stock Exchange (CSE) Diri Savi Board under the ticker symbol “WLTH-N-0000”. The IPO, which opened for subscription on 17 December 2025, offered 71,548,244 Ordinary Voting Shares at an issue price…
Reuters – Asian stocks extended their record climb on Tuesday, taking the baton from Wall Street where gains for oil companies and financials helped the Dow Jones Industrial Average, opens new tab hit an all-time peak. U.S. big oil got a boost from the country’s military raid at the weekend that captured Venezuelan President Nicolas…
• Development Goals Must Be Achieved Through Effective Management Despite Limited Funds – President President Anura Kumara Dissanayake stated that, within the prevailing financial constraints, budgetary allocations for 2026 have been made by identifying national priorities and emphasized that it is the responsibility of all Ministry Secretaries and public officials to utilize these funds with…
Reuters – Sri Lanka is targeting 3 million tourist arrivals in 2026, a top official said on Monday, after a record 2.36 million last year, as the country seeks to boost revenue and support recovery from Cyclone Ditwah. Famous for its pristine beaches, ancient temples and Ceylon Tea, tourism is Sri Lanka’s second-largest foreign exchange earner…
The Central Bank of Sri Lanka (CBSL) has extended the suspension of Perpetual Treasuries Limited (PTL) from carrying on the business and activities of a Primary Dealer for a further period of six months, with effect from 4.30 p.m. today (05 January 2026). The decision has been taken in terms of the Regulations made under…
HelaGo, Sri Lanka’s newest locally-built ride booking platform, was officially launched today at Waters Edge, Colombo, in the presence of over 200 HelaGo drivers. The launch marked the beginning of a new era in fair ride-hailing, introducing an innovative operating model built on fairness, transparency, and choice for both passengers and drivers. HelaGo enters the…
Analysis
A new study by the Institute of Policy Studies of Sri Lanka (IPS) has revealed the extent and nature of sexual and gender-based violence (SGBV) experienced by Sri Lankan female migrant domestic workers in the Middle East. The research underscores the urgent need for stronger protection frameworks to safeguard this vulnerable group and reduce their…
By Prof. Samitha Hettige Sri Lankans defeated their Socialist government in 1977 due to reasons including corruption which may have been a result of far too state controls. The successive government ruled for 17 years & was later referred to as the 17 year curse by some. During the period most senior public officials started…
Business Sentiment: Confidence Shattered By Nature Sri Lanka’s fragile economic recovery suffered a major setback with Cyclone Ditwah – the most destructive natural disaster to strike the island since the 2004 tsunami. And just as some signs of stabilisation were emerging, the widespread destruction has pushed recovery timelines further out. Officials estimate reconstruction costs of up…
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