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Reuters – Benchmark Brent crude oil futures rose past $100 a barrel on Wednesday, hitting a more than six-week high and breaching the symbolic threshold for the first time since July 24 as intensifying conflict in the Middle East heightened concerns about oil flows from the region. Brent crude futures were up $2.01, or 2.05%,…
Featured
Barista Coffee Lanka marked a significant milestone in its journey on 31 August 2026 with the grand opening of its 100th outlet, Barista Baseline, further strengthening the brand’s presence across the country. With 100 outlets now operating across 19 districts, the milestone represents an important step in Barista’s continued growth and its vision of making…
Sri Lanka’s leading private sector bank, HNB PLC, once again secured its place among the nation’s most valuable brands as per the latest Brand Finance Sri Lanka 100 Report, with a brand value of LKR 25.4 billion. HNB’s placement sits within a Top 10 dominated by banking, with six banks among the country’s ten most…
The Maliban Group of Companies has been recognised for creative excellence and impactful brand communication at the Dragons of Sri Lanka 2026 Awards, securing an impressive tally of two Gold Dragons, one Silver Dragon, two Bronze Dragons, and two Black Dragons across multiple categories. The recognition highlights the Group’s continued commitment to developing purposeful campaigns…
LANKATILES marked another significant milestone in its journey with the opening of its 61st showroom in Mount Lavinia, bringing its distinctive portfolio of design-led surface solutions to one of Colombo’s most celebrated coastal destinations. The new showroom reflects the brand’s commitment to helping customers translate the natural beauty, relaxed character and timeless elegance of coastal…
Roar AI brings more than 200 frontier and open-source AI models together with locally hosted infrastructure, giving Sri Lankan developers and businesses a simpler way to build and scale with AI. Roar Global has introduced Roar AI, Sri Lanka’s first AI gateway, giving developers, startups and businesses access to more than 200 leading frontier and…
A South Asian story of showcasing Couture 17, 18 & 19 September Colombo Fashion Week introduces CFW Couture + Trousseau this September, presented through the lens of art and themed as ‘Living Sculpture’. For the first time, a runway becomes the artwork, with breathtaking sculptures created by the renowned Prageeth Manohansa. These sculptures, forming the…
AkzoNobel, the global paints and coatings company and manufacturer of Dulux Paints in Sri Lanka, recently completed the restoration and maintenance of the historic Galle Lighthouse, helping safeguard one of the country’s most celebrated heritage sites. Situated within the UNESCO World Heritage Site of Galle Fort, the Galle Lighthouse stands as Sri Lanka’s oldest light…
Hayleys Electronics Limited, in collaboration with SolaX Power, brought together over 300 industry professionals and stakeholders in Colombo for ‘Unlocking the Power of Tomorrow’, an exclusive knowledge-sharing event focused on the future of intelligent energy solutions. Held at The Kingsbury Colombo, the event explored advancements in smart inverter technology, hybrid energy storage and intelligent energy…
SOS Children’s Villages Sri Lanka (SOSCV SL) will come together to present Cultural Evening 2026 – ‘Rhythm of Unity’, providing a stage for children from across all six SOS Children’s Villages Sri Lanka to showcase their talents in an evening of music, dance, and cultural performances. To be held on 19 September 2026 at Bishop’s…
‘Sumidag Prime’ brings premium tyre solutions, advanced servicing and enhanced customer experience to North Western Province CEAT Kelani Holdings has further strengthened its premium retail presence outside the Western Province with the opening of its latest Shop-in-Shop (SIS) outlet ‘Sumidag Prime’ on Negombo Road, Kurunegala, bringing the company’s premium tyre solutions and professional automotive services…
Top News
Dilmah, the globally renowned family tea company celebrated for its commitment to uncompromised quality and ethical practices, today announced the unveiling of Dilmah Urban Estate, a complete reimagining of their space located at One Galle Face Mall Front (L1-20, No. I A Galle Rd, Colombo 02). Officially opening to the public on September 7, 2026,…
The Sound of Silence: Range Rover’s First EV Brings Unprecedented Serenity to the Ultra-Luxury SUV Market The new Range Rover Electric translates heritage luxury into the zero-emission era, replacing traditional engine notes with near-silent propulsion, biometric wellness technology, and exclusive bespoke commissioning. Anticipated to be the quietest Range Rover ever built, the flagship EV introduces…
Governor of the Central Bank Sri Lanka, Dr. Nandalal Weerasinghe, will grace the 172nd Annual General Meeting of the Planters’ Association of Ceylon (PAC) as its Chief Guest. The AGM on Saturday, 19th September will bring together Regional Plantation Companies (RPCs), industry leaders and key stakeholders, to review the sector’s performance and shape strategies for…
The company reinforces its support in the restoration efforts of St. Peter’s Church, Fort George Steuart & Company’s Annual Founder’s Day Service was held on 14 August 2026 at St. Peter’s Church, Colombo Fort, marking the 191st year of Sri Lanka’s oldest mercantile establishment. The Church’s association with George Steuart & Company dates back to…
Sri Lanka and the Sultanate of Oman discussed further strengthening cooperation in civil aviation, with particular focus on the operation and development of Mattala Rajapaksa International Airport, enhancing direct air connectivity and expanding airline services between the two countries. The meeting took place in Kuala Lumpur at the 61st Conference of Directors General of Civil…
The Global Reporting Initiative (GRI) and the Sri Lanka Export Development Board (EDB) have entered into a strategic multi-year cooperation agreement to strengthen sustainability and impact reporting across Sri Lanka’s export ecosystem and enhance the global competitiveness of Sri Lankan exporters. The agreement was signed at the EDB on 7 September 2026 by Mr. Bastian…
FitsAir has announced a temporary suspension of its flight operations between Colombo and Dubai, taking effect on September 6, 2026. The airline stated that the pause in operations is being made in light of the evolving global situation and its impact across the Middle East. FitsAir currently expects to resume flight services by November 2026,…
The Board of Investment (BOI) of Sri Lanka has certified the registration of its Agreement with Sahasdhanavi Limited, marking a major milestone in the development of the company’s 350 MW RLNG/Diesel Operable Combined Cycle Power Plant at the Kerawalapitiya Industrial Zone. The Agreement was registered on 13 August 2026 in accordance with Section 17(2) of…
Analysis
Confidence in the economy strengthened in August with a larger share of corporate executives anticipating an improvement in the months ahead. However, the outlook remains cautious with half of those surveyed expecting economic conditions to remain unchanged amid rising costs and continued uncertainty surrounding the broader economic milieu. THE ECONOMY The latest LMD-PEPPERCUBE Business Confidence…
Sri Lanka’s external current account recorded a deficit of US $142 million in July 2026, marking the fourth consecutive month in negative territory as the nation navigates severe headwinds from geopolitical developments in the Middle East. According to the latest data, the cumulative external current account has slid into a deficit of US $387 million…
Conrad Dias, Vice Chairman of the Fintech Forum Sri Lanka and Chairman of LOLC Finance PLC, believes the next stage of Sri Lanka’s fintech journey is about helping local fintech companies access larger regional markets, strengthen collaboration with banks and regulators, and build an ecosystem capable of sustaining long-term growth. For Sri Lanka’s fintech companies,…
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