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Wealthtrust Securities Limited marked the debut trading of its 71,548,244 ordinary voting shares (Symbol: WLTH.N0000) on the Diri Savi Board of the Colombo Stock Exchange (CSE) today (8th January 2026) which saw a 167.14% price share increase by the end of the trading day. The Initial Public Offer (IPO), which took place on 17th December…
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The Sri Lanka Insurance Brokers Association (SLIBA) convened its 38th Annual General Meeting on 18th December 2025 at Ramada by Wyndham, Colombo with a strong turnout of representatives from the insurance broker fraternity. The gathering reflected the enthusiasm and commitment of members toward advancing the industry The newly elected President Ainsley Alles urged all stakeholders…
Associated Motorways (Private) Limited (AMW), a member of the Al-Futtaim Group and the authorised distributor for Nissan and Suzuki in Sri Lanka, has secured a commanding 55% market share to emerge as the clear market leader in the country’s Class A SUV segment for 2025. This milestone performance was driven entirely by the outstanding success…
Salesforce, the world’s #1 AI CRM*, today announced the upcoming launch of the Salesforce Startup Program in Sri Lanka to foster growth and innovation for the country’s vibrant startup ecosystem. The program, scheduled to go live by the end of January 2026, will provide Sri Lankan startups access to the vast Salesforce ecosystem. This includes…
SpectrifyAI, a pioneering Sri Lankan AgriTech startup, today announced the official launch of its revolutionary AI-powered platform for the tea industry in January. This innovative technology, which has received the prestigious certification from the Tea Research Institute of Sri Lanka (TRI), has set out to disrupt traditional tea quality testing and usher in a new…
Recognised with company-awarded tours of Thailand and Malaysia Ceylinco Life has once again transformed outstanding performance into unforgettable experiences, continuing to set the benchmark for excellence and employee recognition in Sri Lanka’s life insurance sector by rewarding its highest achievers with exclusive overseas tours that blend celebration, camaraderie, and well-earned indulgence. As 2025 came to…
XpressJobs, Sri Lanka’s leading recruitment technology company, has entered into a strategic partnership with ESOFT Uni (ESU) to support structured, industry-aligned internship opportunities for undergraduate students, strengthening the link between higher education and real-world employment. The partnership was formalised through a Memorandum of Understanding (MoU) with the shared objective of improving graduate employability by providing…
Singer Sri Lanka PLC proudly announces the revamping of its Maharagama Service Centre, reaffirming the company’s commitment to delivering superior after-sales service to its valued customers. The newly enhanced facility, now located in Maharagama, is designed to elevate and redefine the customer service experience for all patrons. Commenting on the initiative, Mahesh Wijewardene, Group Managing…
With funding support from The Coca-Cola Foundation (TCCF), the Sevalanka Foundation has launched a humanitarian relief programme to support flood-affected communities in Biyagama. The initiative focuses on restoring access to safe water, healthcare services, and essential public facilities during the critical recovery period following the Cyclone Ditwah. Working closely with the Divisional Secretariat, the program…
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…
Top News
The Colombo Stock Exchange (CSE) resumed regular trading today (08) following the unexpected market disruption experienced yesterday, recording a strong rebound marked by a turnover exceeding Rs. 12 billion. Trading commenced as usual this morning after yesterday’s session was halted amid irregular transactions. The most notable highlight of today’s trading was a total turnover of…
Lanka Securities (Pvt) Ltd has rejected media claims linking the firm to the recent trading disruption at the Colombo Stock Exchange, stating it did not place any irregular pre-open orders. NOTICE Lanka Securities (Pvt) Ltd wishes to clarify reports relating to the recent trading disruption at the Colombo Stock Exchange. Lanka Securities did not place…
The Computer Society of Sri Lanka (CSSL), the apex professional body representing the nation’s information and communication technology (ICT) sector, has announced the appointment of its new Council for 2026 at the 37th AGM Of CSSL held at Cinnamon Life Colombo, marking a historic milestone as the Society celebrates 50 years of service to Sri…
Dialog Television, Sri Lanka’s #1 Pay-TV service provider, announced that it has secured the exclusive media rights in Sri Lanka for all International Cricket Council (ICC) events from 2026 to 2028, alongside a free-to-air broadcast collaboration with TV Supreme. This landmark agreement positions Dialog Television as the official Pay-TV broadcaster of ICC events in Sri…
Synogen, a clean energy engineering and technology company, has successfully commissioned one of Sri Lanka’s largest rooftop solar photovoltaic projects – a 6.4 MWp installation for Best Pacific Textiles Lanka (BPTL). Now fully operational at BPTL’s manufacturing facility in Pannala, the rooftop solar system supplies a substantial portion of the plant’s daytime electricity requirements through…
In a forward-looking policy agenda released today (08), the Central Bank of Sri Lanka (CBSL) projected that the nation’s economy will grow by around 4-5% in 2026, building on the momentum from the past two years despite recent challenges like Cyclone Ditwah. The announcement underscores a commitment to macroeconomic stability as the foundation for sustained…
Reinforcing its dedication to enhancing customer convenience and delivering exceptional value, the Commercial Bank of Ceylon has unveiled the UnionPay SplendorPlus Card, a premium addition to its UnionPay credit cards portfolio, created expressly to give Sri Lankan travellers a frictionless, highly cost-efficient payment experience, especially when travelling to China’s mainland. Developed in partnership with UnionPay…
Sri Lanka’s official reserve assets have increased by 13.1% to US$ 6.825 billion in December 2025, compared to US$ 6.034 billion in November 2025, according to the Central Bank of Sri Lanka (CBSL). Meanwhile, the CBSL noted that the total foreign currency reserves increased to US$ 6.734 billion at the end of December while 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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