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The Colombo Stock Exchange (CSE) recorded a landmark trading session today (06), with the daily turnover record surging past the Rs. 12 billion mark. By the close of trading, the market saw a total turnover of Rs. 12.23 billion. This represents the highest daily turnover recorded since January 8, 2026, when the market reached a…
Featured
Samsung Sri Lanka has officially opened pre-orders for its latest Galaxy Z Fold8 series, giving customers the opportunity to be the first in the country to own Samsung’s newest foldable smartphones and enjoy a range of exclusive pre-order benefits. The new Galaxy Z Fold8 lineup is available in carefully curated colour options designed to complement…
The Federation of Information Technology Industry Sri Lanka (FITIS) successfully concluded FITIS Cricket 6s 2026, bringing together Sri Lanka’s vibrant ICT community for a day of competitive cricket, networking, and celebration at the Thurstan College Cricket Grounds on 26 July 2026. Recognised as one of the most anticipated annual events in the ICT industry calendar,…
ASUS has announced its latest premium laptop lineup, introducing a new generation of AI-powered Zenbook, Vivobook devices to consumers across the country along with its latest gaming & creator laptops, led by the flagship ROG Zephyrus Duo, TUF Gaming 16 along with creator focused ProArt PX13. Bringing together cutting-edge AI capabilities, Ceraluminum Design, NVIDIA GeForce…
INSEE Ecocycle, the pioneer in sustainable waste management in Sri Lanka, has become the first waste management company in the country to achieve the prestigious ISO 10004:2018 – Customer Satisfaction Management System certification, demonstrating commitment to the highest standards of customer satisfaction, managing feedback responsibly, and continuously elevating service quality. INSEE Ecocycle firmly believes customer…
The Commercial Bank of Ceylon has opened the doors to a new season of creativity with the launch of ‘Arunalu Siththam 2026,’ inviting children to translate imagination into art in one of Sri Lanka’s most inclusive and far-reaching competitions for young talent. With entries closing 15th September 2026, this much-loved island-wide and international competition calls…
Sri Lanka’s Smart Luxury Business Hotel to Host Delegates and Contestants from Over 40 Countries as the Island Nation Hosts Its First-Ever Global Pageant of This Scale Fairway Colombo, a subsidiary of Fairway Holdings (Pvt) Ltd, has been appointed as the Official Accommodation Partner for Manhunt International 2026, one of the world’s most prestigious male…
Ministry of Youth Affairs and Sports, together with key partners in Sri Lanka, launches landmark international sporting event under the theme “Steps for Peace and Humanity” The Ministry of Youth Affairs and Sports, together with some of Sri Lanka’s leading organisations, today launched the Colombo Marathon 2026, an ambitious international sporting event that aims to…
Initiative recognises outstanding academic excellence across all 25 districts Laptop.lk, The Technocity Pvt Ltd one of Sri Lanka’s leading authorized Lenovo distributors, recently recognised outstanding academic excellence by presenting state-of-the-art Lenovo laptops to exceptional GCE Advanced Level students representing all 25 districts of the country. The prestigious awards ceremony was held at the 606 The…
Sri Lanka Insurance Corporation General Limited (SLICGL), the nation’s No. 1 motor insurer and trusted leader in general insurance, supported pilgrims and visitors throughout the Katharagama Esala Festival, held from 26th to 29th July 2026. SLICGL were onsite, ready to help pilgrims should any unplanned breakdown threatened to disrupt their travels. It is the promise…
Director General Dr. Sulakshana Jayawardena emphasizes anchoring sustainability in verifiable practice, not observance alone The Board of Investment of Sri Lanka (BOI) marked Environment Day with an awareness and action programme held at the BOI auditorium, where Director General Dr. Sulakshana Jayawardena called on BOI staff to treat environmental protection as a daily discipline rather…
Top News
Sri Lanka has taken a significant step towards strengthening business confidence with the establishment of a modern framework for commercial mediation, creating a structured, efficient and internationally aligned mechanism for businesses to resolve disputes while protecting valuable commercial relationships. The milestone was marked at the inaugural Corporate Mediation Pledge Ceremony organised by the International Alternative…
Lotus Tower becomes the first destination connected to a city-wide digital ecosystem linking Colombo’s attractions, culture, entertainment and commerce. PickMe yesterday launched Colombo Connect, the first city-wide destination to be introduced under its newly unveiled PickMe Explore platform, a national digital ecosystem designed to connect attractions, experiences, events and communities through a single technology platform….
Reuters – Oil prices climbed on Thursday as investors remained cautious on the outcome of Iran-Oman talks and whether they will restore flows via the Strait of Hormuz, while reports of attacks on Saudi tankers in the Red Sea and Gulf of Aden renewed supply tensions. Brent crude futures gained 46 cents, or 0.58%, to…
Deloitte Sri Lanka recently served as the Strategic Partner of the Sri Lanka Corporate Director Summit 2026, organised by the Sri Lanka Institute of Directors and held at Cinnamon Grand Colombo, contributing to important conversations on strengthening corporate governance and board leadership. Held under the theme “Future-Ready Sri Lankan Boards – From Compliance to Sustainable…
Vallibel Finance PLC has officially announced a significant corporate milestone, with its total asset base surpassing the Rs. 200 billion mark. In a formal corporate disclosure submitted to the Colombo Stock Exchange, the company confirmed that this achievement was reached as of July 31, 2026. The reported figures were determined based on the company’s unaudited…
The National Chamber of Exporters of Sri Lanka (NCE) recently undertook a regional visit to the Northern Province as part of its ongoing efforts to connect member exporters with regional enterprises and support export-related business opportunities across the country. The visit brought together an NCE delegation consisting of 20 member exporters and service providers for…
In terms of Section 83 (C) of the Banking Act, No. 30 of 1988, as amended, the Central Bank of Sri Lanka has conducted an investigation, ascertained and determined that “TM App” has engaged, conducted and promoted a prohibited scheme. Accordingly, the following Companies/Apps have also been ascertained and determined as prohibited schemes under Section 83 (C)…
The official press conference announcing “Sri Lanka AI Week 2026” was successfully held today (05), marking a major national initiative aimed at accelerating Sri Lanka’s digital economic transformation and positioning the country as an Artificial Intelligence (AI) hub. Jointly organized by the Ministry of Digital Economy, GovTech Sri Lanka, and SLT-MOBITEL, the flagship event is…
Analysis
The unique index gains lost ground amid global risks and domestic uncertainties Even as Sri Lanka earned recognition as the world’s best island destination to visit in 2026, the country continued to attract global attention for all the wrong reasons. The national focus shifted to prison overcrowding and the deadly unrest in Negombo, leading to…
S&P Global Ratings affirmed its ‘CCC+/C’ long- and short-term sovereign credit ratings for Sri Lanka with a stable outlook, balancing a resilient economic recovery against heightened external uncertaintie. While the economy has demonstrated robust revenue growth and real GDP performance that exceeded expectations in early 2026, the sovereign’s creditworthiness remains vulnerable due to high debt levels…
Sri Lanka has been recognized as one of the world’s fastest-improving sovereigns for investor relations and debt transparency, according to the 2026 IIF Investor Relations and Debt Transparency Report. The Institute of International Finance (IIF) ranked the country fourth among the largest global improvers, a significant milestone as the government works to rebuild international confidence…
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