Lead Story
Exceptional earnings performance driven by a robust investment strategy, diversification, and a resilient portfolio Reinforcing sustained value creation momentum through disciplined execution and a diversified growth platform Ambeon Capital PLC (AMC), the principal investment holding entity of the Ambeon Group, announced financial performance for the year ended 31 March 2026 (FY2025/26), delivering a consolidated Profit…
Featured
For 140 years, The Coca-Cola Company has been more than a beverage brand. It has been part of the world’s most memorable moments. In 2026, the company celebrates its 140th global anniversary, marking the journey that began on May 8, 1886, when Dr. John Pemberton first served Coca-Cola at Jacobs’ Pharmacy in Atlanta. In Sri…
Fairfirst Insurance continued its focus on leadership development at the Great Manager Awards 2025, organised by the Colombo Leadership Academy. The company was also recognised as an organisation with Great Managers for the sixth consecutive year, reflecting its sustained commitment to shaping a workplace where individuals are empowered to grow, take ownership, and lead with…
Classic Travel has once again secured top honours at the Malaysia Airlines Trade Elevation Summit 2026, winning the prestigious Golden WAU Award and continuing its consecutive run of recognition at the global industry event. The awards ceremony, took place on 14th May at Shangri-La in Kota Kinabalu, recognises outstanding global trade partners that continue to…
Baby Cheramy, Sri Lanka’s most trusted baby care brand, is pleased to announce that, as part of its purpose to support mothers with more holistic childcare, the brand has successfully implemented a special initiative in partnership with the German Sri Lanka Friendship Hospital in Galle. As one of the leading healthcare institutions in the Southern…
With 148 years of trusted heritage under the Hayleys Group, Hayleys Mobility continues to lead Sri Lanka’s automotive sector by combining innovation, luxury, and uncompromised safety. Reinforcing this commitment, the JAECOO J7 PHEV has achieved the highest possible five-star rating in both the 2025 Euro NCAP and Australasian NCAP (ANCAP)assessments, excelling across all key categories,…
The rapid rise of Artificial Intelligence (AI) is reshaping the global world of work. As organisations move towards leaner, AI‑enabled teams, technology leaders such as Meta, Amazon and Oracle continue to reduce their workforces and redefine how work gets done. The implications are significant. According to the Institute of Policy Studies, more than 22% of…
Groundworth (Pvt) Ltd proudly announces the launch of “The Infinity by Groundworth”, a premium land development located in Piliyandala–Polgasowita, one of Colombo’s most rapidly expanding suburban corridors. The Infinity combines accessibility, convenience, and long-term capital appreciation within a well-planned and emerging residential landscape. It is strategically positioned for modern residential living and high-growth investment possibilities….
Hameedia marked its presence at Colombo Fashion Week Summer 2026 (CFW Summer 2026) with the unveiling of ‘The Sprezzatura’ collection by Fouzul Hameed. Colombo Fashion Week, held at Cinnamon Life recently, provided the ideal platform for the collection, reflecting the evolution of modern Sri Lankan fashion through a balance of craftsmanship, innovation, and individuality. Presented…
INCOHST is the brainchild of Nawaloka College of Higher Studies and stands today as one of Sri Lanka’s pioneering school-level technology competitions focused on innovation and emerging technologies. First launched in 2018, INCOHST was introduced as the country’s first interschool IoT (Internet of Things) competition with the objective of creating awareness about IoT among Sri…
E.B. Creasy Solar, the renewable energy arm of E.B. Creasy & Co., PLC, has successfully partnered with Kotagala Plantations PLC to install a 1 MW rooftop solar power system, reaffirming its commitment to supporting Sri Lanka’s transition towards sustainable energy solutions. This milestone project reflects the shared vision of both organizations to integrate renewable energy…
Top News
The Ceylon Chamber of Commerce, in partnership with the Confederation of Indian Industry (CII), organised the India–Sri Lanka Business Forum: Partnering in Sri Lanka’s Growth and Investment and the CII – Ceylon Chamber CEOs Interaction in Mumbai on 13 May 2026. The events brought together senior government representatives, industry leaders, policymakers, and business delegates from…
From Risk to Opportunity: Mainstreaming Climate Action into Sri Lanka’s Growth Story. As climate rules tighten globally and investor expectations shift from commitment to compliance, climate action is now directly tied to trade, competitiveness, and access to finance. Against this backdrop, The Ceylon Chamber of Commerce will host the second edition of the Sri Lanka…
Profit After Tax of Rs. 18.8 billion Total Assets base of Rs. 5.5 trillion Total Deposit base of Rs. 4.5 trillion Gross loans and advances of Rs. 2.7 trillion Rs. 17.5 billion contributed to the Government as taxes Bank of Ceylon (BOC), Sri Lanka’s premier financial institution, commenced 2026 with a solid financial performance, recording…
A high-level fireside panel featuring Jeff Hoffman, Jeevan Gnanam, Yuen Wong, and the Deputy Minister of Tourism of Sri Lanka, moderated by Cherrie Chan, explored how travel innovation, entrepreneurship, and digital / AI infrastructure can help Sri Lanka compete more effectively on the global stage. Held under the theme “The Sri Lanka Destination Stack –…
Reuters – Asian shares wobbled on Tuesday while bonds found their footing following a steep selloff after U.S. President Donald Trump’s decision to pause a planned attack on Iran and his claim there was a good chance of a nuclear deal sent oil prices lower. Trump said on Monday he had paused a planned attack…
Construction begins on the world’s largest and most advanced aviation engineering facility at Dubai South (DWC airport) Hangar complex capable of handling 28 wide-body aircraft simultaneously Largest landing gear workshop in the world Emirates has broken ground on its new US$ 5.1 billion engineering complex at Dubai South slated to become the world’s most modern…
The National Disaster Relief Services Centre (NDRSC) under the Ministry of Defence today launched its new digital Compensation Management System and the Community Inquiry Mechanism, funded by the Government of Norway and supported by UNICEF Sri Lanka and UN Volunteers. This is a major step forward in ensuring faster, more transparent and accessible support for…
Expands production capacity to meet rising global demand for high-value protective gloves Introduces first-of-its-kind robotic technologies in Sri Lanka’s glove manufacturing sector Dipped Products PLC (DPL), a subsidiary of Hayleys PLC, officially inaugurated a series of major capacity expansion projects at its Kottawa manufacturing facility on 30th April 2026, marking a significant step forward in…
Analysis
With India poised to become the world’s third-largest economy, Sri Lanka must treat its nearest neighbour not as a trade rival but as its most consequential export destination. Key Takeaways India is no longer optional — it is a defensive necessity. The simultaneous erosion of Sri Lanka’s US market access (20% tariff, up from near…
By Prof. Samitha Hettige When Sri Lankans were rushing to train stations to go home to celebrate Sinhala & Hindu New Year on 14th April 2026, Vietnam’s Paramount Leader & President ‘To Lam’ arrived in China for a 4 day state visit. He is referred such since he heads Vietnamese Communist Party & the government….
According to a research report by Mordor Intelligence, the coconut oil market size is projected to grow from USD 7.75 billion in 2026 to USD 11.05 billion by 2031, registering a CAGR of 7.36% during the forecast period (2026–2031). Growth is supported by rising demand for clean-label cooking oils, expanding use in pharmaceuticals, and increasing adoption in cosmetics and personal care products. Government initiatives in key producing countries such as the Philippines…
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