Lead Story
The Colombo Stock Exchange (CSE) witnessed a strong upward movement today (16), with both major indices recording notable gains amid improved investor activity. The All Share Price Index (ASPI) rose by 327.49 points during the session to close at 22,588.97, marking a 1.47% increase compared to the previous trading day. Meanwhile, the S&P SL20 Index…
Featured
Introducing a new dimension to Sri Lanka’s hospitality landscape, Sirin Park Luxury Eco Lodge in Ginemellagaha, Baddegama, is offering scientifically proven animal therapy experiences to guests, providing multiple health and wellness benefits. Scientific research shows that animal therapy helps lower cortisol levels, boosts mood, and promotes relaxation, while the presence of animals has a calming…
ALT X (Altered Experience), Sri Lanka’s fastest-growing business solutions company specializing in end-to-end eCommerce through its eCom360 model, strategic marketing, and AI-driven technology solutions, has successfully delivered the full-scale build and launch of BE | LIVING an international premium cookware brand, demonstrating a new, integrated approach to building and scaling modern eCommerce businesses. In an…
Marking a significant milestone, IBH Real Estate celebrates six years in business this year, reflecting a journey defined by growth, trust and a commitment to excellence within Sri Lanka’s evolving real estate landscape. Founded in 2020 by Mr. Romesh Abeysekera, IBH Real Estate began with a clear vision – to provide a more structured, transparent…
DFCC Bank PLC conducted its first “Wyapara Hamuwa” programme for 2026 in Kuliyapitiya, bringing together suppliers connected to PROJAR Lanka (Pvt) Ltd, a Spain-based coconut chips exporting company operating in the region. The programme engaged 40 coconut chips suppliers, creating a focused platform to strengthen financial understanding and business practices among small and medium-scale participants…
Union Bank continues to transform digital banking for businesses with the introduction of a simplified virtual deposit card to support bulk deposits through Cash Deposit Machines (CDMs). The new facility is designed to support any business entity from corporates to SMEs and proprietors who regularly carry out high volume cash deposits during anytime of the…
Evolution Auto, Sri Lanka’s largest electric vehicle portfolio provider, has successfully deployed a purpose-built electric vehicle (EV) fleet for Radisson Hotels Sri Lanka, marking a significant step forward in integrating sustainable mobility into large-scale hospitality operations. This collaboration strengthens Radisson’s commitment to embedding sustainability into its daily operations, not as a symbolic endeavor, but as…
In a significant commitment of support to efforts to modernise Sri Lanka’s public passenger transport system, the Commercial Bank of Ceylon has partnered with NCG Express to introduce fully digital bus ticketing, enabling passengers to pay fares using cards, QR-based payments and contactless technology. The collaboration supports the Government’s Digital Ticketing Initiative and marks one…
In a remarkable demonstration of academic excellence and research capability, four graduates of the SLIIT Business School have transformed their final-year thesis into four Q1-ranked, Scopus-indexed international journal publications — an achievement rarely seen at the undergraduate level, both in Sri Lanka and internationally. The studies were carried out under the academic supervision of Prof….
Deloitte Sri Lanka hosted a leadership briefing for Corporate Business Leaders and Human Resource Professionals of Non-Bank Financial Institutions (NBFIs) to mark the official launch of the Non-Bank Financial Institutions Sector Compensation & Benefits Survey 2025 report. The first NBFI sector focused pay survey in Sri Lanka by Deloitte, highlights how companies are responding to…
Sri Lanka Insurance Life Ltd (SLICLL) and Sri Lanka Insurance General Ltd (SLICGL) together appointed 112 Trainee Insurance Assistants, marking one of the largest recruitments across both companies in recent years. Of the total intake, 87 candidates joined SLICGL while 25 candidates were appointed to SLICLL. This recruitment reflects the continued efforts of both companies…
Top News
Veteran global investor Mark Mobius, widely regarded as a pioneer in emerging markets investing, has passed away at the age of 89. Mobius played a significant role in directing global investor attention towards frontier and emerging economies, including markets such as Sri Lanka, at a time when they were largely overlooked. He spent more than…
Ninewells Hospital has marked a major milestone with the groundbreaking of its newest building expansion, signaling a bold step forward in advancing healthcare in Sri Lanka. The ceremony, attended by key stakeholders, partners, and management, celebrated the start of a transformative phase for the hospital. This development reflects Ninewells’ evolution beyond its strong foundation in…
The Sri Lanka – France Business Council of The Ceylon Chamber of Commerce hosted its Members’ Day Evening for the second consecutive year, graciously hosted by the Ambassador of France H.E. Rémi LAMBERT at his residence. In his remarks, the Ambassador reaffirmed that France remains a reliable partner in supporting Sri Lanka’s economic recovery. He…
TikTok has released its Q4 2025 Community Guidelines Enforcement Report, showcasing its ongoing commitment to creating a safe digital space for its users. The report, which covers data from October to December 2025, details the proactive steps TikTok has taken to identify and remove content that violates its Community Guidelines, ensuring a positive experience for…
The Global Sovereign Debt Roundtable (GSDR) met Wednesday (15) and reviewed progress on the work to improve debt restructuring processes and timelines, and to help address debt vulnerabilities. Participants also discussed priority areas for the work going forward. At the end of the meeting, the International Monetary Fund Managing Director Kristalina Georgieva, World Bank Group…
The Colombo Stock Exchange (CSE) officially opened its Galle Branch to the public, further strengthening its countrywide presence. The branch was inaugurated by Chairman of the Securities and Exchange Commission of Sri Lanka (SEC) Senior Professor D.B.P.H Dissabandara, Chairman of CSE Mr. Dimuthu Abeyesekera and Chief Executive Officer of CSE Mr. Rajeeva Bandaranaike in the…
Reuters – The U.S. nearly turned into a net crude exporter last week for the first time since World War Two as shipments surged close to a record high to meet demand from Asian and European buyers scrambling to replace Middle East supplies cut by the Iran war. The U.S. and Israel’s war with Iran…
The Intergovernmental Group of Twenty-Four (G-24) has warned that escalating global risks, including geopolitical tensions, rising inflation, and tighter financial conditions could undermine fragile economic recoveries in developing countries such as Sri Lanka. In a communiqué issued following its meeting on April 14, 2026, on the sidelines of the IMF-World Bank Spring Meetings in Washington,…
Analysis
Markets have been broadly orderly so far—but financial stability risks are elevated Global financial markets entered 2026 from a position of strength. Asset prices rose across major markets, volatility was subdued, and financial conditions were easy by historical standards. That benign backdrop has now been tested by the war in the Middle East. So far,…
Sri Lanka’s economic growth is expected to moderate to 4.0% in 2026 and climb to 4.2% in 2027, following two consecutive years of strong 5.0% growth. This forecast is based on an early stabilization scenario for the Middle East conflict, according to the Asian Development Outlook (ADO) April 2026, Asian Development Bank’s (ADB) flagship economic publication….
Economic growth in developing Asia and the Pacific is expected to slow to 5.1% in both 2026 and 2027, from 5.4% last year, weighed down by the conflict in the Middle East and continuing trade uncertainty, according to the latest forecasts by the Asian Development Bank (ADB). Regional inflation is projected to rise to 3.6%…
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