Lead Story
Sri Lanka’s export sector continued to demonstrate resilience and sustained growth, with the country’s total exports surpassing the US$ 9 billion milestone during the first half of 2026. Combined merchandise and services exports reached an estimated US$ 9,012.24 Mn during the January–June 2026 period, representing an 8% year-on-year increase compared to the corresponding period in…
Featured
The Rockland Group, a pioneer in the beverage industry, in partnership with Colombo Hotel Show and the Sri Lanka Hospitality Graduates Association (SLHGA), has announced the final stage of the 6th Annual Bar Champs competition. The highly anticipated grand finale will take place on 27 July at Shangri-La Colombo, bringing together Sri Lanka’s most promising…
In just a few months since opening its doors, Charcoal Tandoor Fire & Grill has Colombo buzzing. But the food is not the only thing drawing people to the restaurant that has the city talking. The first thing that strikes you about Charcoal Tandoor Fire & Grill in Colombo is the sense of space. The…
Toastmasters District 82, Division I commenced its programme calendar for the year with the Club Officer Training Programme (COTP) and COOL. (Club Officer Outbound Learning), held on 18 July 2026 at MAS Athena, Thulhiriya Designed to equip club officers with the knowledge, skills, and confidence required to lead effectively, the programme brought together Toastmasters from…
Seylan Bank PLC recently entered a strategic partnership with John Keells CG Auto (Pvt) Limited to introduce a dedicated leasing facility for customers purchasing New Energy Vehicles (NEVs) in Sri Lanka, strengthening the Bank’s commitment to sustainable transport and green mobility solutions. The partnership will offer tailored leasing facilities for premium NEV brands of BYD…
NDB Wealth celebrated its 34th anniversary with a client engagement event held at Kandy Myst by Cinnamon, bringing together clients, partners, and industry leaders for an evening centered on the themes shaping the future of wealth: intergenerational continuity and global uncertainty. The event opened with a welcome address by Mr. Ruwan Perera, CEO of NDB…
කParentX, developed by Joseph Fraser Ninewells Hospital, has introduced Sri Lanka’s first dedicated postpartum retreat, bringing to Sri Lanka an internationally recognised model of recovery for mothers after childbirth. Designed to support mothers during the critical weeks following childbirth, ParentX places equal emphasis on a mother’s recovery as it does on the birth of her…
Sriyani Dress Point, one of Sri Lanka’s leading fashion retailers, recently hosted its Annual Staff Awards 2026 at the Monarch Imperial, bringing together more than 1,000 employees from branches across the island to celebrate dedication, excellence and outstanding performance. The annual event welcomed staff members representing all showrooms and departments, together with senior management and…
Provider.lk, a Sri Lankan provider of web hosting, domain registration, and digital solutions, today announced the availability of its new AI Website Builder, the first native AI Website Builder in Sri Lanka, an AI-first platform designed to make professional website creation faster and more accessible for businesses, entrepreneurs, professionals, and individuals. The announcement comes as…
Mercantile Investments & Finance PLC (MI Finance) has successfully concluded its Rights Issue, raising Rs. 1.1 billion in new capital. The Issue was oversubscribed, demonstrating a resounding confidence in the company’s strategy, performance, and long-term growth prospects. As applications outpaced the initial share offering, the strong shareholder participation provided a firm endorsement of MI Finance’s…
Union Bank is pleased to announce the appointment of its Director/Chief Executive Officer, Dilshan Rodrigo, to the Board of Directors of LankaPay, Sri Lanka’s National Payment Network. This appointment reflects Mr. Rodrigo’s extensive experience and leadership in the banking and financial services sector, as well as his commitment to advancing innovation and digital transformation within…
Top News
Sri Lanka is set to benefit from a major boost to helicopter pilot training in South Asia, as Indocopters Private Limited will establish the region’s first virtual reality (VR)-based Airbus H125 full-motion flight simulator in India. The new training facility, announced by Loft Dynamics, will support operators across South Asia—including Sri Lanka—by expanding access to…
The Colombo Stock Exchange (CSE), together with the Securities and Exchange Commission of Sri Lanka (SEC) has launched its ‘A Share for Everyone, A Unit for Everyone’ (Samata Kotasak, Samata Ekakayak) initiative at the investor forums in Monaragala and Batticaloa last week as part of an ongoing island-wide initiative to broaden investor participation. The forums…
Hayleys Agriculture Holdings Limited marks another milestone with the opening of Hayleys Nature Nest (Pvt) Ltd Sri Lanka’s first of its kind Frozen Concentrated Coconut Water Manufacturing Facility. This state-of-the-art facility represents another significant step in our journey to create greater value from Sri Lanka’s rich agricultural resources. By transforming locally sourced coconut water into…
The Monetary Policy Board, at its meeting held yesterday, decided to maintain the Overnight Policy Rate (OPR) at the current level of 8.75%. The Board arrived at this decision after carefully considering the evolving conditions and outlook on the domestic and global fronts. Renewed tensions in the Middle East have resulted in a surge in…
Reuters – Stocks jumped at the start of trading in Asia on Wednesday as investors took cues from a rebound in U.S. markets, shrugging off climbing oil prices as Houthi rebels threatened to open a front in the widening Middle East conflict. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 1.2% as South Korea’s…
Reuters – Oil prices inched higher in early trading on Wednesday as fears of further supply disruptions intensified after U.S. forces said it began striking Iranian military targets for the 11th straight night and Kuwait reported attacks by Iranian drones. Brent crude futures rose 0.55%, or 50 cents, to $91.51 after markets opened on Wednesday,…
Reuters – India’s GDP growth in 2026/27 faces key downside risks from a widening war in the Middle East that is driving up oil prices and a monsoon weakened by the El Nino weather effect, an International Monetary Fund official said. Asia’s third-largest economy imports almost 80% of its oil needs, making it vulnerable to…
The Colombo Stock Exchange (CSE) extended its losing streak for a third straight session today (21), with the All Share Price Index (ASPI) closing lower. Despite the decline, market turnover surged to its highest level in recent trading sessions, driven by a series of large crossings in Cargills (Ceylon) PLC shares. Total market turnover reached…
Analysis
Sri Lanka’s textile and apparel industry has always leaned on two things to justify its place in the global supply chain: quality and compliance. Sri Lanka’s textile and apparel industry has long relied on quality and compliance to justify its place in the global supply chain. But that old formula is starting to wear thin….
By Prof. Samitha Hettige Chinese Leader President Xi Jinping delivered the keynote speech opening the 2026 World Artificial Intelligence (AI) Conference & High-Level Meeting on Global AI Governance in Shanghai held from 17 – 20 July & the speech clearly indicates China’s willingness to promote inclusivity & reject of hyper imperialism. Addressing the event attended…
Rajitha Kariyawasan Managing Director, Haycarb PLC “The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man.” – George Bernard Shaw The world is in the midst of a profound shift. The accelerating transition toward electrification in transport,…
Video Story
