Lead Story
A special discussion between the Revenue Administration Reform and Modernisation Bureau (RARMB), which operates under the direct supervision of the Presidential Secretariat with the objective of modernising Sri Lanka’s public revenue system, and the International Monetary Fund (IMF) was held recently at the Presidential Secretariat under the chairmanship of Secretary to the President Dr Nandika…
Featured
SLT-MOBITEL’s ‘Sadaham Sabendiyava’ brought a new dimension to the sacred Poson Poya celebrations in Anuradhapura. Powered by SLT-MOBITEL 5G technology for the first time in Sri Lanka, the initiative featured a series of immersive digital experiences that enabled devotees to celebrate one of Sri Lanka’s most cherished religious observances in meaningful new ways. At the…
Conducted in partnership with the Central Environmental Authority and the Ministry of Education, Higher Education and Vocational Education The All Island Short Video Competition, under the theme of ‘Let’s contribute to reducing climate change through responsible waste management’ (නිසි අපද්රව්ය කළමනාකරණය තුලින් දේශගුණ විපර්යාස අවම කිරීමට දායක වෙමු) was successfully conducted recently, in celebration of…
Ceylinco Life has commenced construction of its 36th company-owned branch building with the laying of the foundation stone for a new eco-friendly edifice in Kirindiwela, reaffirming the life insurance market leader’s continued investment in sustainable infrastructure and enhanced customer service. The ceremony was attended by Ceylinco Life Chairman Mr R. Renganathan, Managing Director/CEO Mr Thushara…
Maliban has been ranked the No. 1 Most Loved Product Brand in the LMD Readers’ Choice Most Loved Brands 2026, reaffirming its place as one of Sri Lanka’s most trusted, recognised, and cherished homegrown brands. Adding to this achievement, Maliban was also ranked No. 1 in the Packaged Foods (Ready to Eat) category, emerging as…
HNB General Insurance (HNBGI) has become the only General Insurance company to make it to the exclusive list of 50 Best Workplaces™ in Sri Lanka for 2026. Compiled by Great Place To Work®, the renowned global authority on workplace culture, the prestigious list features 50 Sri Lankan organizations across all sizes, with HNB General Insurance…
Stanley Lifestyles, India’s leading luxury furniture and lifestyle brand, has officially entered the Sri Lankan market through a strategic partnership with Singer Sri Lanka PLC, the country’s leading retailer, introducing a distinguished collection of world-class furniture defined by exceptional craftsmanship, refined design, and uncompromising quality. The collaboration marks a significant milestone in Stanley Lifestyles’ international…
Design Consortium International (DCIL), one of Sri Lanka’s leading architectural and building consultancy firms, has broken ground on another flagship residential development, the Rs. 4 billion JAT Astera Residencies project in Thalawathugoda. Managing Director, Design Consortium, Migara Alwis, said piling work commenced last week by Sincon Piling, marking the start of construction on the 12-storey…
Expanded Board, enhanced accountability systems and institutional strengthening position CTC to support complex, high-impact national priorities Connect to Care (CTC) Consulting announced a significant step in its institutional evolution, with its official registration as a Voluntary Social Services/Non-Governmental Organisation under the Voluntary Social Services Organisations (Registration & Supervision) Act No. 31 of 1980, as amended. The…
The Chartered Institute of Personnel Management, Sri Lanka (CIPM) recently hosted a roundtable discussion bringing together 30 key stakeholders from government institutions, academia, vocational training providers, and corporate bodies to jointly examine the skills-gap landscape in Sri Lanka. The growing mismatch between industry requirements and workforce competencies has emerged as a critical challenge to Sri…
Corporate strategist, academic and leadership author Professor Senaka Wijesinghe has launched his latest book, Che Guevara: Leadership Lessons from Che, offering a fresh perspective on leadership by examining the enduring qualities of one of history’s most influential figures through a contemporary management lens. The book was officially unveiled at a ceremony held in Negombo on…
Top News
The Colombo Stock Exchange (CSE) experienced a significant downturn today (07) with major indices recording a notable decline by the end of trading. The benchmark All Share Price Index (ASPI) dropped by 118.35 points to close at 21,962.30. This marks the first time since June 12 that the index has fallen below the critical 22,000-point…
CBL Investments Limited and its group of companies (CBL Group), one of Sri Lanka’s leading and most diversified food manufacturing conglomerates, has appointed its Group Managing Director, Ms. Sheamalee (Shea) Wickramasingha, as Chairman of the Group with effect from 6 July 2026. She will continue to serve as Group Managing Director while assuming the responsibilities…
The Price Index for New Condominiums in the Colombo District reached 284.4 in the first quarter of 2026, marking a significant year-on-year increase of 18.5 percent. Despite this price appreciation, the Condominium Property Sales Volume Index experienced a year-on-year decrease of 15.2 percent, indicating a slowdown in market activity across Colombo and other major cities….
Sampath Bank PLC has introduced Google Pay for all Mastercard and Visa Credit and Debit Cardholders, marking a significant advancement on how customers in Sri Lanka access digital payment solutions. This initiative brings fast, secure, and globally accepted tap-to-pay functionality to Android devices, catering to the increasing demand for mobile-first solutions. Mobile wallets are reshaping…
The American Chamber of Commerce in Sri Lanka (AmCham Sri Lanka) hosted “Her Story, Her Voice” at Cinnamon Life Colombo yesterday evening, bringing together some of the country’s most respected women leaders for candid conversations on leadership, resilience, legacy, and influence. The event was designed for senior corporate executives, entrepreneurs, policymakers, and emerging leaders. Rather…
The Sri Lanka Export Development Board (EDB), in collaboration with the Ministry of Industry and Entrepreneurship Development (MOI&ED), announces that the deadline for online exhibitor registration for “Sri Lanka Expo 2027” will be open till 31st July, 2026. Sri Lanka Expo 2027, scheduled to be held from 14th to 17th January, 2027 at the BMICH,…
Reuters – Asian stocks drifted lower on Tuesday, even after South Korea’s Samsung Electronics forecast an eye-popping 19-fold jump in second-quarter profit, while the Japanese yen remained pinned near 40-year lows amid intervention speculation. Samsung Electronics, the world’s largest memory chipmaker, estimated April-June operating profit at 89.4 trillion won ($58.44 billion), a third straight quarter of record operating profit. South Korean…
Reaffirming its unmatched leadership and excellence in Sri Lanka’s banking sector, the Commercial Bank of Ceylon has been named Best Bank in Sri Lanka for the 15th consecutive year at the FinanceAsia Awards 2026, while also winning six other prestigious accolades across key areas of banking, the most by Sri Lankan bank. In addition to…
Analysis
The Price Index for New Condominiums in the Colombo District reached 284.4 in the first quarter of 2026, marking a significant year-on-year increase of 18.5 percent. Despite this price appreciation, the Condominium Property Sales Volume Index experienced a year-on-year decrease of 15.2 percent, indicating a slowdown in market activity across Colombo and other major cities….
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…
Video Story
