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Citrus Leisure PLC reopened both Citrus Waskaduwa and Citrus Hikkaduwa on 1 July 2026, following extensive enhancement programmes. Citrus Waskaduwa resumed operations after a one-month refurbishment, while Citrus Hikkaduwa reopened following a two-month refurbishment. The refreshed properties welcome guests back with improved spaces, upgraded facilities, and a renewed focus on delivering memorable coastal escapes. As…
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Pepsi Street Kala returned for its second edition on 4 July 2026 at Excel World, Colombo, turning the venue into a whole-day celebration of Sri Lankan Kala with festivities incorporating Sri Lankan art, music, and food. Organised by Pepsi®, the public art initiative drew thousands of visitors united through creativity, culture, and community. Embracing what…
By Vasily Kolesnikov, Security Expert at Kaspersky The vast majority of enterprises — including small and medium‑sized businesses — have incorporated AI services into their workflows. According to an October 2025 survey by the Small Business & Entrepreneurship Council, just 12% report not using AI tools, while most employ a mix of applications across research, marketing, customer service, finance…
The Expo Leisure Cluster secured six accolades at the 8th Annual SLASSCOM National Ingenuity Awards (SNIA) 2026, held on 16 June at ITC Ratnadipa, reaffirming its growing strength in innovation and digital transformation across Sri Lanka’s travel, tourism, visa, and education sectors. The cluster’s wins included EVS Study Fly being named Western Province Winner for Best Innovative Product in…
Hemas Hospitals & Laboratory Chain has won 30 awards at the National Convention on Quality and Productivity (NCQP) 2026, with every quality improvement project it presented receiving national recognition. The achievement, which consisted of 22 Gold, seven Silver, and one Bronze awards, made Hemas Hospitals one of the top performers at the convention and demonstrated…
Customers can shop 100+ Brand Rush Hour deals, KOKO offers, bank discounts, Free Delivery and vouchers worth Rs. 50 million from 6 July at 8 PM Daraz Sri Lanka is giving shoppers more reasons to celebrate this July with the launch of its 7.7 Super Savings Sale, going live from 6 July (8 PM onwards)…
ZeroPlastic University of Peradeniya staged AURORA 2026 at the KCC in Kandy on 20 June 2026, marking it the first sustainable fashion show ever organised by university students in Sri Lanka. Backed by MAS Linea Clothing of MAS Holdings as main sponsor and with the Sri Lanka Institute of Textile and Apparel as academic partner…
CEAT Kelani Holdings has expanded its radial tyre portfolio in Sri Lanka with the launch of two new SUV-focused products engineered to deliver a superior blend of control, comfort and durability across the country’s diverse driving conditions. The launch introduces the SecuraDrive SUV tyre in size 215/65 R16 and the CrossDrive AT tyre in size…
Sri Lanka consumes roughly 258,000 metric tonnes of chicken annually, according to the Department of Animal Production and Health, and that figure has been climbing steadily as protein awareness grows and fast food culture deepens. Behind that volume lies a practice that most consumers never see: the routine use of antibiotics in commercial poultry farming,…
SLT-MOBITEL champions AI innovation through internal employee AI-Assisted Coding Challenge 2026 Reaffirming a legacy of leadership in advancing technology solutions to meet practical business challenges, SLT-MOBITEL, the National ICT Solutions Provider, celebrated innovation and talent at the triumphant conclusion of the AI-Assisted Coding Challenge 2026. The awards ceremony, conducted at the SLT premises, successfully demonstrated…
Sophos, a global cybersecurity leader, today announced it has been named a Champion in the Omdia Cybersecurity MSP Ecosystems Leadership Matrix 2026. The recognition from Omdia, the analyst firm that sets the benchmark for the global cybersecurity channel, reflects the leadership of Sophos’ partner model, where MSPs have access to the industry’s most widely adopted…
Top News
Economic confidence edges up although the future is being viewed with caution Confidence in the economy improved marginally in June as the corporate community adopted a cautiously optimistic outlook – despite persistent concerns over rising costs, geopolitical tensions and broader economic uncertainties. THE ECONOMY The latest LMD-PEPPERCUBE Business Confidence Index (BCI) survey, conducted in the…
Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, has once again been recognised as Sri Lanka’s Most Loved Brand in the Service and Telecommunications sectors, while also ranking among the top Corporate Brands in the LMD Brands Annual. Marking its third consecutive year at the top of both categories, the recognition reflects the company’s commitment…
The exchange rate pressure exerted on the Sri Lankan Rupee throughout June 2026 is showing signs of gradual easing. Consequently, a steady decline in the value of the US Dollar has been observed from June 24 until today, July 6. For the first time since June 23, the selling rate of the dollar fell below…
Seylan Bank PLC recently announced a major advancement in Sri Lanka’s digital payments landscape through the integration of all Seylan Credit and Debit Cards with Google Pay, enabling customers to make seamless, secure, and contactless transactions directly from their Android devices. This latest development positions Seylan Bank at the forefront of Sri Lankan financial innovation,…
On track for energisation, adding 50MW of renewable capacity to the national grid. HayWind One Limited, the wind energy arm of Hayleys Fentons Limited, has announced that all ten wind turbines for its 50MW Mannar Wind Farm Project have now arrived in Sri Lanka, marking a key milestone as the project advances into its peak…
Reuters – Asian share markets eased on Monday as caution took hold ahead of a crucial earnings season for the artificial intelligence sector, while the potential for increased supply weighed on oil prices and promised relief from inflationary pressures. While there were no new developments in the fractious U.S.-Iran peace talks, ships are passing through…
The Central Bank of Sri Lanka (CBSL) has disclosed its intervention activities within the domestic foreign exchange market for the month of June 2026. During this period, the CBSL purchased USD 96.3 million from the local foreign exchange market and sold USD 25.8 million. Consequently, the net amount of dollars purchased from the market during June totaled…
The Central Bank of Sri Lanka, acting in terms of the Regulations made under the Registered Stock and Securities Ordinance and the Local Treasury Bills Ordinance, has decided to extend the suspension of Perpetual Treasuries Limited (PTL) from carrying on the business and activities of a Primary Dealer for a further period of six months…
Analysis
Economic confidence edges up although the future is being viewed with caution Confidence in the economy improved marginally in June as the corporate community adopted a cautiously optimistic outlook – despite persistent concerns over rising costs, geopolitical tensions and broader economic uncertainties. THE ECONOMY The latest LMD-PEPPERCUBE Business Confidence Index (BCI) survey, conducted in the…
Oil palm cultivation in Sri Lanka has for many years been surrounded by strong public debate. Among the most common allegations is that oil palm degrade soil, accelerates erosion, loss of understory biodiversity and weakens the environmental health of plantation landscapes. These concerns must not be dismissed lightly, because soil functions as the vital matrix…
Fitch Ratings: Institutional investor engagement across Asia in June 2026 reveals a strong focus on structural and increasingly embedded risks, Fitch Ratings says. Artificial intelligence (AI) disruption, private credit expansion and sovereign risk have dominated conversations among leading investment teams and official-sector participants in Hong Kong, Seoul, Singapore and Tokyo. AI and digital infrastructure overspend…
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