Colombo West International Terminal handles 1 Mn TEUโs
Sri Lankaโs maritime sector marked a historic milestone as Colombo West International Terminal (Private) Limited (CWIT) announced that it had successfully handled one million twenty-foot equivalent units (TEUs) within its first year of operations. The achievement represents the fastest time any terminal at the Port of Colombo has reached the one-million-container mark during its inaugural…
Banking sector assets up by 21.4% in 2025
The financial sector in Sri Lanka has witnessed strong growth in 2025, with the profitability and lending growth of banks and financial institutions increasing, the Central Bank of Sri Lanka (CBSL) statistics revealed. Accordingly, a number of key financial indicators have seen significant growth, and the stability of the banking and non-banking financial institutions system…
Britol partners GP Certified to interate certified recycled plastics in FMCG Packaging
In a revolutionary step towards sustainable manufacturing, reducing plastic pollution and creating local jobs, Britol and the Antler Group of Companies partnered with GP Certified to integrate certified recycled plastics into large-scale production of their products. This initiative marks a significant milestone in the plastics and recycling industry. Most brands in Sri Lanka use virgin…
Colombo Bourse recovers on discount-driven buying
Colombo Bourse recorded a modest upward movement, supported by the stabilization in global crude oil prices. Following the previous sessionโs decline, investors capitalized on attractive valuations, engaging in bargain hunting and driving a measured recovery in market sentiment. The ASPI moved up by 223 points, closing at 20,641, while S&P SL20 Index closed at 5,766,…
Dialog introduces Oscal Tiger 8 5G to expand affordable 5G access in Sri Lanka
Dialog Axiata PLC, Sri Lankaโs #1 connectivity provider, announced the introduction of the Oscal Tiger 8 5G, further expanding access to next-generation mobile connectivity across the country. Positioned as one of the most affordable 5G smartphones in the market, the device enables more Sri Lankans to upgrade to fast and reliable 5G connectivity. The Oscal…
Nations Trust Bank Partners with National Chamber of Exporters to Strengthen Support for Sri Lankan Exporters
Nations Trust Bank (NTB) partnered with the National Chamber of Exporters of Sri Lanka (NCE) to support Sri Lankan exporters and strengthen exportโled economic growth across the country. Through this collaboration, both NTB and NCE will work together to enable exporters through networking opportunities, extensive knowledge sharing platforms, recognition initiatives, and practical business enablement programmes.…
Kotmale moves to forge an โironโ nation
Kotmale recently partnered the IRONKIDS Colombo event as principal sponsor, supporting nearly 400 young participants as part of the IRONMAN 70.3 Colombo Triathlon held in the city. While the internationally recognised IRONMAN event attracted athletes from around the world to compete across the scenic 70.3 km triathlon course, IRONKIDS provided a special platform for children…
Sri Lankan tea brand secures highest price
A Sri Lankan tea brand secured the highest price at this week tea auctions amounting to Rs 6,950. Accordingly, Maleesha Tea Factory, situated in Agalawatta in the Kalutara District, realized the highest price of Rs. 6,950 for a Premium Flowery (FBOPFSP) invoice, despite prevailing global market uncertainties. The line was sold through the catalogue of Lanka Commodity Brokers Ltd.…
Sri Lanka shows tourism potential at ITB Berlin
Sri Lanka was able to conclude its participation at the ITB 2026 on a successful note, attracting visitors both German and from all across the European Region. The Sri Lanka Pavilion was a major attraction throughout the entire event, with its traditional dance performances, culture and glamour, and the myriad of Travel opportunities and Tourism products they…
CBSL to conduct nationwide survey
The Central Bank of Sri Lanka (CBSL) has initiated steps to conduct a nationwide survey aimed at gathering comprehensive data on financial inclusion in the country as part of efforts to formulate the National Financial Inclusion Strategy Phase II. According to the CBSL, the survey will be carried out across 480 Grama Niladhari Divisions covering…