Sri Lanka is set to receive its first consignment of liquefied petroleum gas (LPG) from Swiss-based Geogas Trading on January 5, according to Foreign Minister […]
Month: December 2025
Shield Restraint Systems (Pvt) Ltd Unveils State-of-the-Art Manufacturing Facility with USD 8.5 Million Investment
Shield Restraint Systems (Pvt) Ltd has officially inaugurated its advanced manufacturing facility at the Export Processing Zone in Wathupitiwala, Nittambuwa, marking a noteworthy development in […]
Union Bank Gampola Branch Reopens for Customers
Union Bank reopened its Gampola branch on 17 December after Cyclone Ditwah-related floods had severely impacted businesses and residents in the area. Reaffirming its commitment […]
GovPay Concludes 2025 with Rs. 2 Billion in Digital Transactions
GovPay, Sri Lanka’s Government Digital Payment Platform, concluded the year 2025 by surpassing Rs. 2 billion in total digital transaction value, marking a significant milestone […]
China’s ByteDance signs deal to form joint venture to operate TikTok US app
TikTok’s Chinese parent company, ByteDance, has signed binding agreements with three major investors to sell just over 80% of its U.S. assets to American and […]
Lamenting corruption of political mismanagement that dampens the spirit of an earnest nation’s people.
By Kithmi Gunaratne Sixteen years on, Sri Lanka awaits a reinventory. Since the successful victory from a thirty year war in 2009, the country still […]
Citizens’ movement petitions regulator against Continental Insurance Lanka Limited
Citizen Power Against Bribery, Corruption and Waste No. 67, “Nandana,” Eluwila, Panadura. Tel No: 077-4741470Date: 2025.12.19To: The Chairman,Insurance Regulatory Commission,11th Floor – East Tower,World Trade […]
The Emil Savundranayagam story
Emil Savundranayagam, a Ceylonese swindler, made headlines in Britain with his insurance scam. In 1963, he founded the Fire, Auto and Marine Insurance Company (FAM), […]
The Continental Insurance story
The former Deputy Chairman of Continental Insurance Lanka Limited, Chaminda de Silva, was arrested by officers of the Commission to Investigate Allegations of Bribery or […]
How a gold regulatory authority could drive Sri Lanka’s next economic transformation
By; Panduka Keerthinanda. Attorney-at-Law Amidst the complex challenges of economic stabilization, a bold and transformative policy proposition is gaining traction among industry leaders and economists: […]
Dialog Launches Sri Lanka’s Largest 5G Network, Connecting Over 1.5 Million Subscribers
In a significant step towards advancing Sri Lanka’s digital landscape, Dialog Axiata PLC has announced the commercial launch of Dialog 5G Ultra. This milestone marks […]
WindForce PLC Commissions Rooftop Solar Project at Joy Island, Maldives
WindForce PLC has successfully completed a rooftop solar photovoltaic (PV) power project with a capacity of 432.2 kWp at Joy Island in the Maldives, further […]
Over 29,600 industries affected in Sri Lanka’s disaster: Minister
More than 29,600 businesses classified as Micro, Small, and Medium Enterprises (MSMEs) have registered as disaster-affected following recent devastation in Sri Lanka, Industries Minister Sunil […]
Sri Lanka’s Sampath Bank to raise Rs20bn in debenture sale
Sampath Bank of Sri Lanka has announced plans to issue up to 200 million debentures in a bid to raise a total of 20 billion […]
Sri Lanka rupee strengthens after weakening, bond yields steady
Sri Lanka’s rupee closed at 309.40/55 against the US dollar in the spot market on Thursday, strengthening from Wednesday’s close of 309.65/72. The currency had […]
Velona Marks 85 Years of Sri Lankan Legacy, Innovation, and Care
Velona, a beloved Sri Lankan brand, is celebrating 85 years of trust, care, and innovation, marking a journey that began in 1940. Built on a […]
Sri Lanka stocks close down 0.17-pct, turnover dips
Sri Lanka’s Colombo Stock Exchange closed lower on Thursday, according to data published on its official website. The All Share Price Index (ASPI) declined by […]
Link Natural Products Awarded Best Exporter – Herbal & Ayurveda Products at the 27th Presidential Export Awards
Link Natural Products (Pvt) Ltd has been honored with the Best Exporter Award in the Herbal & Ayurveda Products Category (Sectoral) at the 27th prestigious […]