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इस अंक में

July 29, 2025

ComBank's Rs. 15 b Green Bond issue opens 4 August

THE Commercial Bank of Ceylon has announced plans to raise up to Rs. 15 billion for lending to sustainability-linked projects via a Green Bond approved in principle by the Colombo Stock Exchange (CSE) for public listing.

1 mins

New Malé airport terminal sets stage for more tourists, economic growth

IN a historic moment for the Maldives, the new passenger terminal at Velana International Airport (VIA) was officially opened on 26 July.

1 mins

CA Sri Lanka among world's first to join global drive for ISSB Sustainability Standards adoption

SRI Lanka has been recognised among the first jurisdictions in the world, and in South Asia, to join the global drive to adopt the IFRS Sustainability Disclosure Standards (ISSB Standards).

4 mins

Exports hit all-time high of $ 8.3 b in 1H, post strongest June on record

1H merchandise exports up 5.86% YoY to $ 6.5 b, services by 9.78% to $ 1.83 b

4 mins

Sri Lanka eyes stronger economic ties with Maldives

PRESIDENT Anura Kumara Disanayake yesterday said Sri Lanka is seeking to elevate its economic partnership with the Maldives, with a focus on trade, investment, tourism, fisheries and renewable energy, during his first official State visit to Malé.

1 mins

P.A.G. Fernando appointed Chief Secretary of Uva Province

PRESIDENT Anura Kumara Disanayake has appointed P.A.G. Fernando as the Chief Secretary of the Uva Province, effective immediately.

1 mins

Red warrant obtained against Royal Park convict: AG

THE Attorney General (AG) informed the Supreme Court on Sunday that authorities have obtained a red warrant for the arrest of Jude Shramantha Jayamaha, who was sentenced to death in connection with the Royal Park murder case.

1 mins

Former Navy Commander Nishantha Ulugetenne remanded

FORMER Sri Lanka Navy (SLN) Commander Admiral (Retd.) Nishantha Ulugetenne, who was arrested yesterday by the Criminal Investigation Department (CID), has been remanded.

1 mins

President AKD gets State welcome ceremony in Malé

THE official State welcome ceremony for President Anura Kumara Disanayake, who is currently on a State visit to the Maldives, was held yesterday at the Republic Square in the capital city of Malé.

1 mins

Easter Sunday attack negligence case against Hemasiri, Pujith to resume on 18 September

THE Colombo High Court Trial-at-Bar yesterday announced that the criminal negligence case against former Defence Secretary Hemasiri Fernando and former Inspector General of Police (IGP) Pujith Jayasundara will be taken up again on 18 September.

1 mins

Ceylon Chamber to host networking event with new Heads of Lankan missions

THE Ceylon Chamber of Commerce has announced an interactive session with newly appointed Heads of Mission of Sri Lanka — 2025, which will take place on Tuesday, 5 August, from 2:30 p.m. to 4:30 p.m. at the Ground Floor Auditorium of the Ceylon Chamber.

1 mins

Chandana Amaradasa heads SLANZBC

ISLAND Leisure founder Chairman Chandana Amaradasa, was elected President of the Australia-New Zealand Business Council (SLANZBC) of the Ceylon Chamber of Commerce held its AGM at the Cinnamon Lake Hotel recently.

1 mins

Sarvodaya opens online store

SARVODAYA has launched the Sarvodaya Online Store, a major milestone in its mission to empower community entrepreneurs and promote a people-centred, inclusive economy across Sri Lanka.

1 mins

Colombo to host Asia International Digital Economy and AI in Finance Summit 2025

THE Asia International Digital Economy and AI in Finance Summit 2025 — featuring the Asian Digital Finance Forum and Awards — will convene global leaders on 23 October, at Port City Colombo to shape the future of inclusive, AI-driven financial systems across Asia through policy, regulation, and technological innovation.

3 mins

Hayleys Electronics opens smart hub in Nugegoda to drive energy and engineering services

HAYLEYS Electronics Ltd., (HEL), part of the Projects and Engineering Sector of Hayleys PLC and a pioneer in engineering accessories and services in Sri Lanka for over 90 years, has unveiled a purpose-built flagship centre at No. 311, High Level Road, Gangodawila, Nugegoda.

1 mins

National Business Excellence Awards 2025 celebrates two decades of excellence

THE National Chamber of Commerce of Sri Lanka has announced the successful conclusion of the National Business Excellence Awards (NBEA) 2025, marking a remarkable milestone of 20 years in celebrating and recognising business excellence in the country.

2 mins

Secondary Bond market yields edge up; activity remains muted

Rs. 122 b Treasury Bond auction in focus Rupee depreciates

2 mins

CSE begins new week on positive note

THE Colombo stack market yesterday began afresh week ona positive note, with improved investor activity.

1 mins

CBSL promotes digital payments in Dambulla

Launches countrywide campaign themed \"Shaping the Future through Digital Payments

1 mins

DFCC Bank extends Gold Loan services with highest advance

DEMONSTRATING its continued commitment to inclusive and customer-centric banking, DFCC Bank has officially extended operating hours for its already established Gold Loan services in Trincomalee, Manipai, and Akkaraipattu.

1 mins

AIA Insurance honours brightest stars at glamorous Sales Convention 2025

AIA Sri Lanka recently hosted its annual Sales Convention at the Shangri-La, Colombo. Under the theme 'Galaxy of Greatness', the event unfolded as a spectacular showcase of achievement, elegance, and inspiration.

1 mins

People's Bank shines at National Business Excellence Awards 2025

REAFFIRMING its status as a cornerstone of Sri Lanka's banking industry, People's Bank was honoured with five major accolades at the National Business Excellence Awards 2025, presented by the National Chamber of Commerce of Sri Lanka.

2 mins

First Capital's Mid-Year Outlook Investor Forum 2025 leads dialogue in market strategy and inclusion

FIRST Capital Holdings PLC, a subsidiary of JXG (Janashakthi Group) and a pioneering full-service investment institution, recently concluded its highly anticipated Mid-Year Outlook Investor Forum 2025.

2 mins

"Bank of Ceylon's commitment to strengthening higher education sector is truly exceptional"

Spanning a 60-acre campus, NSBM Green University is the first purpose-built Green University in South Asia, a distinction it holds with pride. As a Ministry of Higher Education-approved, degree-awarding institution, NSBM has emerged as a leading destination for higher education in Sri Lanka. Each year, a significant number of students who meet the eligibility criteria for university admission are unable to secure placements in local public universities. Many among them opt to pursue education abroad, leading to a considerable outflow of foreign exchange, a persistent challenge for the national economy.

4 mins

Cargills Bank launches Kotipathi Investment Savings Account

DELIVERING on the evolving needs and expectations of its growing customer base, Cargills Bank has introduced its new 'Kotipathi' Investment Savings Account.

1 mins

Nadun Saputhantri bags award for Architectural Best in Corporate and Commercial Exterior at Nippon Paint Creative Colour Awards 2025

AT the grand finale of the Creative Colour Awards (CCA) 2025 held in Tokyo, Japan, Nadun S. Saputhantri from Sri Lanka bagged the Architectural Best in Corporate And Commercial Exterior award for the Nosh77 Container Restaurant, integrating a palette of grey-green and brown-orange hues with recycled construction materials to camouflage the building with the surrounding vegetation and create harmony with nature.

1 mins

TRI-ZEN achieves landmark 700 unit handover – largest apartment handover in a single project in Sri Lanka

JOHN Keells Properties (JKP) announced a historic milestone with 700 apartment units successfully handed over to homeowners at TRI-ZEN—marking the largest handover of residential units in a single development in Sri Lanka to date.

1 mins

HNB and Home Lands group unveil enhanced home loan solution

HNB PLC, Sri Lanka's leading private sector retail bank, has further strengthened its partnership with Home Lands Group, Sri Lanka's number one and most trusted real estate provider, to offer an enhanced suite of home loan facilities to aspiring homeowners.

1 mins

Nippon Paint launches new Aqua Proof 7 in 1

WITH the rainy season just around the corner, Nippon Paint Lanka is helping homeowners stay one step ahead of leaks and moisture damage with the launch of its upgraded Aqua Proof 7 in 1 — a high-performance waterproof paint that protects walls and keeps home looking fresh, clean, and beautiful.

1 mins

KPN Cement Lanka introduces ground-breaking Japanese Fly Ash Cement to Sri Lanka

IN a landmark collaboration, KPN Cement Lanka, in partnership with Taiheiyo Cement Corporation Japan—a global leader in innovative cement technologies— announced the launch of Sri Lanka’s first Japanese Fly Ash Cement.

1 mins

Swipe fee scam: Not worth the chase

IT was recently reported that, according to Vasantha Alwis, Director of Payments and Settlements at the Central Bank of Sti Lanka (CBSL), companies have no legal right to impose additional charges—typically ranging from 2.5% to 3%—on customers for transactions made using credit or debit cards.

1 mins

Painful lessons of 1987 and Indo-Lanka relations

THIS month marks 38 years since the signing of the Indo-Lanka Accord in July 1987—an agreement that remains one of the most consequential and controversial episodes in Sri Lanka's post-independence history.

2 mins

Power imbalance and corporate failure

POWER imbalance often occurs when authority is concentrated on a single individual or a few executives, and it is at the heart of corporate mismanagement, corruption, and abuse of power. Concentration of power often restrains diverse perspectives and critical debate. Without input from multiple stakeholders, decisions may be made based on limited information or personal biases. Power imbalances often create fertile ground for corruption, as executives with unchecked authority may prioritise personal gain over the organisation's objectives. Within a culture with a higher power imbalance, employees fear speaking out and whistleblowing, and finally, innovation and collaboration suffer.

4 mins

Sri Lanka should stop appeasing Trump

THE Triffin dilemma, identified by economist Robert Triffin, highlights the conflict faced by a country whose currency serves as the global reserve.

6 mins

Celebrating $ 500 million FDI: Drop in the ocean compared to our neighbours

THE Government initially claimed it had secured § 3.8 billion in committed FDI. When questioned by MP Harsha de Silva, this figure was quietly revised down to $ 1.8 billion. Now, it claims that Sri Lanka attracted $ 500 million in FDI in the first half of 2025.

3 mins

Reject violence and war, struggle for peace and harmony

I use the term 'struggle' in the title of this article to mean 'work,' and not 'fight.'

4 mins

Real hangover: Outdated laws and who they serve

GROWING up in Sri Lanka we're often reminded of the country's proud legacy of progress for women: setting a global precedent in 1960 as the first country in the world to elect a female Prime Minister.

5 mins

ICJ urges international oversight and victim-centred investigation into Chemmani mass grave

In light of the ongoing excavation at the Chemmani-Siththupaththi mass grave site in Jaffna, situated in the north of Sri Lanka, the International Commission of Jurists (ICJ) yesterday issued the following statement

7 mins

Illegal Flying Wedge given a high-five in SLSR League

STEP by step, week to week, left right left, they all fall down, like toy Soldiers. Bit by bit, their Hearts torn apart, they fail to win, but the battle wages on, for the Schoolboy Soldiers.

8 mins

Resolute India battle out draw in Manchester

DESPITE trailing by 311 heading into the second innings, India managed to secure a draw, courtesy a stellar batting stand between Ravindra Jadeja and Washington Sundar on the last day.

1 mins

RCGC wins Burdett Trophy 2025 beating NEGC

THE Royal Colombo Golf Club (RCGC) stamped their authority with a total score of 7.5 to Nuwara Eliya Golf Club’s (NEGC) 4.5 at the 122nd Burdett Trophy 2025.

1 mins

Court lifts interim relief against Western Province Rugby officials

■SGM and AGM to proceed under new constitution

1 mins

Kaushal Silva appointed Hong Kong Head Coach ahead of Asia Cup

KAUSHAL Silva, the former Sri Lanka and SSC cricketer has been appointed Head Coach of Hong Kong men's team ahead of the Asia Cup.

1 mins

People's Bank CEO/GM Challenge T20 League Tournament successfully concluded in Batticaloa

PEOPLE'S Bank Chief Executive Officer/General Manager Challenge T20 League Tournament 2025 was successfully held at the Koddaimunai Sports Village in Batticaloa, bringing together staff members from across the country in a spirited display of sportsmanship and team unity.

1 mins