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WealthTrust Securities Limited commenced trading on Diri Savi Board on 07th January 2026 and the Colombo Stock Exchange (CSE) observed unusually high prices of certain transactions of WealthTrust Securities Limited due to market orders being matched with these unusually high sell orders. The CSE further observed that those clients who have sold the shares at…
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Seylan Bank recently continued its support of the nation’s small and medium enterprises (SME) sector with its second SME Program in the North Central Region. Hosted at Hotel Mahanuge in Polonnaruwa, the initiative is the latest chapter in a series of developmental forums focused on improving financial literacy among small and medium business owners in…
AgriOne Solutions (Pvt) Ltd, a subsidiary of Asiya Siyaka Commodities PLC, has appointed seasoned agri-input industry professional Pasad Weerasekera to its Board of Directors. With more than 33 years of experience in the agri-input marketing sector, Weerasekera brings extensive expertise spanning from finance, marketing, operations and to strategic leadership. In his new role, he will…
Sri Lanka’s largest education exhibition and job fair, EDEX Expo 2026, makes its highly anticipated return this January, offering unparalleled opportunities for students, parents, professionals and aspiring entrepreneurs to shape their futures with confidence. Organised by the Royal College Union since 2004, EDEX has grown into a trusted national platform guided by a powerful vision:…
At a time when technological self-reliance and locally driven innovation are essential for national progress, E Gravity Solutions (Pvt) Ltd proudly marks 16 years of engineering excellence, reinforcing the strength of technology that is truly “Made in Sri Lanka.” Founded in 2009, E Gravity Solutions began as a Sri Lankan engineering venture with a clear…
Remote-first licensing and compliance company supports providers across all 50 U.S. states; creates lasting community impact through compliant care delivery CarePolicy.US, a healthcare licensing and compliance support company specializing in state-specific documentation, marked a major milestone—serving more than 1,700 providers nationwide—during its 2025 Gala Night and Awards Ceremony. CarePolicy.US supports providers launching and operating compliant…
Melsta Hospitals has achieved a defining milestone for Sri Lanka’s private healthcare sector, becoming the country’s first hospital to secure Joint Commission International (JCI) Accreditation under the latest 8th edition standards. This recognition reflects rigorous compliance with internationally recognised benchmarks in patient safety, clinical quality, and continuous improvement, reinforcing Melsta Hospitals’ commitment to global-standard care…
Cinnamon Hotels & Resorts is strengthening its commitment to gender inclusion across its portfolio, with female participation now at 19.5%, marking a healthy trajectory toward its 2030 goal of achieving 30% workforce representation. Women currently hold 22% of leadership positions across the group. In Sri Lanka female participation in hospitality is barely making 10%, careers…
The Grand Kandyan transformed into a sanctuary of elegance this past New Year’s Eve, hosting a spectacular gala dinner dance that seamlessly blended tradition with high-energy celebration. From the moment guests arrived, they were swept into a world of luxury. The hotel and ballroom were meticulously decorated, setting a festive tone that promised an unforgettable…
FLiCo has become the first service provider in Sri Lanka to launch a structured island wide free service initiative to support households affected by recent flooding, reaffirming its commitment to community welfare during times of national need. Following floods that disrupted the lives of thousands of families across the country, FLiCo implemented a comprehensive free…
At the three-day SAISA Swimming 2025 Meet, The Overseas School of Colombo (OSC) turned sport into service, raising LKR 1.1 million for the Colombo Friend-in-Need Society (CFINS). OSC’s Gecko Gear Service Group ran a merchandise stall throughout the tournament, channelling student energy into community support. Founded in 1831, CFINS is Sri Lanka’s oldest charitable organisation,…
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A consortium of companies led by John Keells Holdings PLC has made a financial contribution of Rs. 400 million to the Government’s ‘Rebuilding Sri Lanka’ Fund, established to provide relief to communities affected by Cyclone Ditwah. The contributions were made as follows: South Asia Gateway Terminals (SAGT) Rs. 100 million, Nations Trust Bank Rs. 100…
The Government of Sri Lanka has signed a grant agreement valued at EUR 8 million with the European Union to launch a new initiative under the AgriGreen Initiative – Green Economic Growth through Sustainable Agriculture Practices project. The grant, provided by the European Union, will support a project jointly developed by the Ministry of Plantation…
WealthTrust Securities Limited (WLTH.N0000) has issued a statement clarifying that today’s (07) temporary market-wide trading halt on the Colombo Stock Exchange (CSE) was triggered solely by an isolated erroneous trade executed by a market participant, with no involvement from the company or its pre-IPO shareholders. The licensed Primary Dealer, which made its debut on the…
The Colombo Stock Exchange (CSE) has decided to cancel all equity securities transactions carried out today (07) prior to the market halt, following the detection of transactions executed at irregular prices. The Exchange said certain transactions of Wealthtrust Securities Limited conducted during the morning session appeared to be at irregular prices, which may have had…
The US dollar surpassed the Rs. 310 level against the Sri Lankan rupee today (January 7), for the first time since February 29, 2024, according to the Central Bank of Sri Lanka (CBSL). The CBSL’s Indicative Rate of the USD/LKR Spot Exchange Rate was recorded at Rs. 310.02 today, marking a notable weakening of the…
Trading at the Colombo Stock Exchange (CSE) was halted at 9:53 a.m. today (07) following unusual trading activity observed in a newly listed company. The temporary suspension was imposed after several irregular transactions were detected in Wealth Trust Securities Limited, which commenced secondary market trading for the first time today.
Reuters – Caracas and Washington have reached a deal to export up to $2 billion worth of Venezuelan crude to the United States, U.S. President Donald Trump said on Tuesday, a flagship negotiation that would divert supplies from China while helping Venezuela avoid deeper oil production cuts. The agreement is a strong sign that the…
Sri Lanka recorded a major milestone in innovation and industrial engineering as Rohan De Lanerolle Snr (80) was honoured with five prestigious awards at the Asia Awards 2026, held in India, marking one of the most significant international recognitions received by a Sri Lankan inventor in recent years. At the same ceremony, C2S.LK, a Sri…
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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