Business News

Plastics and Rubber Institute of Sri Lanka Welcomes U.S. Tariff Reduction on Sri Lankan Exports

The Plastics and Rubber Institute of Sri Lanka (PRISL) extends its sincere appreciation for the recent decision by U.S. President Donald Trump to reduce and finalize the tariff rate to 20% on Sri Lankan exports to the United States.

ComBank and Sathosa Motors drive forward with Isuzu leasing partnership

A new collaboration between the Commercial Bank of Ceylon and Sathosa Motors PLC is set to offer Sri Lankan vehicle buyers a powerful combination of value, flexibility and convenience when purchasing Isuzu vehicles.

HSBC awarded Best International Bank in Sri Lanka by Euromoney for the second consecutive year

HSBC has been recognised as the Best International Bank in Sri Lanka by Euromoney for the second year in a row in their Awards for Excellence 2025.

HNB Backs 40M SurgeCalcey Merger to Launch Short Circuit

In a landmark move for Sri Lanka’s digital economy, Surge Global and Calcey Technologies have joined forces in a $40 million transaction to form Short Circuit Pte Ltd – a regional tech powerhouse built to deliver transformation at scale, with deep operational discipline for growth-stage companies and enterprises alike.

Home Lands records highest sales done in a month in history

Home Lands, has once again reaffirmed its market leadership by achieving a historic milestone in the country’s property sector.

Ballys Colombo chefs win big at CAFÉ 2025 Culinary Expo

A team of chefs from Bally’s Colombo won a series of medals at this year’s Culinary Art Food Expo (CAFÉ 2025), held from June 13 to 15 at the BMICH in Colombo.

Peoples Insurance PLC Opened a New Branch in Nugegoda Expanding Its Reach and Service Excellence

People’s Insurance PLC, one of Sri Lanka’s most trusted and fastest-growing General Insurance providers, proudly announced the opening of yet another stand-alone branch in Nugegoda on 28th July 2025.

Chairman of Royal Nursing Home Lion Manuja Hewawasam was honored with three Gold Awards

The Club Awarding Ceremony organized by Lions Clubs International District 306 was held recently in a grand and prestigious manner at the Royal Colombo Golf Club.

SLAEA hosts high level forum on EU CSDDD Strengthening sustainable trade through compliance and collaboration

The Sri Lanka Apparel Exporters Association (SLAEA) hosted a high-level industry forum on July 9 at the Jetwing Hotel in Colombo 07, bringing together a diverse group of stakeholders to explore the growing relevance of the European Union’s Corporate Sustainability Due Diligence Directive (CSDDD).

DMASL Digital Summit 2025 Exceeds All Expectations Sets a New Regional Benchmark

The Digital Marketing Association of Sri Lanka (DMASL) proudly concluded the DMASL Digital Summit 2025, a landmark two-day event held on July 24–25 at Waters Edge, Colombo.