Lead Story
The Asian Development Bank (ADB) has appointed Shannon Cowlin as its new Country Director for Sri Lanka. She has assumed office in Colombo today. “I am honored to be appointed Country Director of ADB’s Sri Lanka Resident Mission,” Ms. Cowlin said. “For many years, ADB has been a trusted partner of Sri Lanka, supporting the…
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Pioneering digital service delivery in Sri Lanka, SLT‑MOBITEL Mobile and Fairfirst Insurance have unveiled the nation’s first-ever mobile billing solution for motor insurance, a historic milestone for the country’s telecommunications and insurance sectors. With the breakthrough, SLT-MOBITEL Mobile has transformed the traditional insurance purchasing process, enabling motorists to obtain and renew motor insurance directly through…
Moose Clothing Company has been appointed the Official Merchandise Licensing Partner in Sri Lanka for the ICC Men’s T20 World Cup 2026, marking an important milestone in the brand’s journey on the international cricket stage. Under this partnership, Moose is authorised to design, manufacture, and retail officially licensed ICC merchandise for the Sri Lankan market….
The initiative tackles the overlooked challenge of safe disposal, reinforcing Fems’ commitment to comprehensive care, from education to accessible infrastructure Fems, a leading feminine hygiene care brand by Hemas Consumer Brands, launched the Purple Bin at Bataduwa Sri Rathanajothi Maha Vidyalaya – Galle, marking a significant milestone in its ongoing commitment to making menstrual hygiene…
Life insurance leader continues investment in country’s young achievers; applications for 2026 edition close on 30th April Ceylinco Life has announced the launch of the 25th consecutive edition of its flagship Pranama Scholarships programme, marking a significant milestone in the company’s long-standing commitment to recognising and rewarding excellence among the children of its policyholders. Under…
Exterminators PLC, Sri Lanka’s premier pest management and environmental enhancement technology company, is proud to announce the launch of its state-of-the-art AI-powered Report Factory. This groundbreaking initiative is set to transform the company’s operations by automating the generation of essential service reports, significantly increasing efficiency and enhancing quality assurance throughout its operations. As Asia’s first…
Asia Siyaka Warehousing (Pvt) Ltd(ASW), Sri Lanka’s leading tea auction logistics service provider, has achieved a significant global milestone by becoming the world’s first tea logistics company to be awarded ZeroCarbon® certification, reaffirming its commitment to sustainability, operational excellence, and responsible supply chain management The ZeroCarbon® certification, granted by Sustainable Future Group (SFG), recognises organisations…
Emirates is batting strong, featuring Indian cricket star Suryakumar Yadav in its latest advertising campaign to debut ahead of the ICC Men’s T20 World Cup. For almost three decades, Emirates has maintained one of the most consistent presences in world cricket. The airline has embedded itself into the fabric of the game through major ICC…
Joseph Fraser Hospital recently marked an important milestone in its maternity services with the successful delivery of a baby through a medically supported water birth, reaffirming its commitment to personalised care, informed maternal choice, and the highest standards of clinical safety. Water births at Joseph Fraser Hospital are offered within a closely monitored clinical environment…
For generations, Sri Lankan cooking knowledge moved through homes by observation—watching a mother temper spices, learning the feel of dough by hand, remembering measurements by instinct rather than instruction. Recipes were not written down so much as absorbed. But everyday cooking today looks different. Kitchens are faster, diets more varied, and time more limited. Increasingly,…
Sri Lanka Insurance Corporation Life Limited (SLICLL) and Sri Lanka Insurance Corporation General Limited (SLICGI) extended support to families affected by the recent ‘Ditwah’ cyclone through a special contribution raised internally across both organisations. The contribution, which was generated through a voluntary initiative by the employees across SLICLL and SLICGL, was formally handed over to…
Top News
Dilhan C. Fernando, Chairman of Dilmah Tea explains the danger of 2026 being the toughest year is not only to growers; this sounds dramatic, but the danger is genuinely to humanity. Discount culture fuels an accelerating emphasis on cheap produce, forcing growers to become unethical, unsustainable or give up. Discounts blind consumers to true value,…
Dr Bilesha Weeraratne, Research Fellow and Head of Migration and Urbanisation Policy Research, Institute of Policy Studies of Sri Lanka (IPS) Worker remittances to Sri Lanka have set a new all-time high record with USD 8.076 billion in 2025. This 22.8% growth, compared to the USD 6.6 billion received in 2024, is shaped by the…
Sri Lanka’s official reserve assets recorded a marginal decline of 0.2% in January 2026, according to data released by the Central Bank of Sri Lanka. The value of official reserve assets, which stood at USD 6,838 million at the end of December 2025, decreased slightly to USD 6,824 million by the end of January 2026….
AIA Group Limited (“AIA” or the “Group”) today releases new research revealing that deeply entrenched physical, mental and financial health stereotypes shape attitudes and behaviours around wellbeing across Asia. The study(1) was conducted across Mainland China, Hong Kong SAR(2), Singapore, Thailand and Malaysia, analysing more than 100 million social media posts and online content, alongside a survey…
The Export Development Board (EDB) recently organized a networking session at its head office, targeting new and potential exporters in Sri Lanka’s tea and coconut sectors. During the session, Mr. Indika Perera, Cluster Executive Director of Wichy Plantation (Pvt) Ltd, shared his industry experience under the topic “Real-life examples of entering and succeeding in challenging…
The Commercial Bank of Ceylon has reaffirmed its leadership in technology, innovation and the delivery of the most advanced banking experiences to customers by reaching another milestone in Sri Lanka’s digital payment landscape with the introduction of Google Pay support for its Mastercard debit and credit cardholders, in collaboration with Mastercard and Google. With this…
hSenid Business Solutions PLC (hSenidBiz) announced its financial results for the third quarter of FY2026, marking a transformative period as the Company achieved profitability and surpassed the USD 5 million exit ARR milestone. Total revenue for the quarter reached LKR 547.6 million, reflecting year-over-year growth of 27 percent in LKR terms and 23 percent in…
“The Japanese party may have been misinformed or inadequately advised” – Raju Radha The Magistrate’s Court of Fort has discharged a criminal complaint filed by C C Trust (Pte) Ltd against Asia Capital PLC, ruling that the court lacked jurisdiction to proceed with the matter. The case, bearing number MC Fort 36569/24, was instituted by…
Analysis
Dr Bilesha Weeraratne, Research Fellow and Head of Migration and Urbanisation Policy Research, Institute of Policy Studies of Sri Lanka (IPS) Worker remittances to Sri Lanka have set a new all-time high record with USD 8.076 billion in 2025. This 22.8% growth, compared to the USD 6.6 billion received in 2024, is shaped by the…
AIA Group Limited (“AIA” or the “Group”) today releases new research revealing that deeply entrenched physical, mental and financial health stereotypes shape attitudes and behaviours around wellbeing across Asia. The study(1) was conducted across Mainland China, Hong Kong SAR(2), Singapore, Thailand and Malaysia, analysing more than 100 million social media posts and online content, alongside a survey…
Asia Securities: Sri Lanka has just passed two years in which Initial Public Offerings (IPOs) have seen a meaningful resurgence. In 2024 and 2025, a steady stream of companies migrated to the Colombo Stock Exchange (CSE), as it emerged as one of Asia’s best-performing stock markets. In 2026, this momentum is set to accelerate. At…
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