BUSINESS NEWS


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CSE records 7th highest turnover despite market decline

The Colombo Stock Exchange (CSE) witnessed heightened activity today, initially gaining nearly 80 points during the first hour of trading. However, the momentum reversed as the session progressed, with...

2025-07-16 7:26 pm
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CSE crosses 19,000 during trading session reflecting continued investor activity

The Colombo Stock Exchange (CSE) witnessed a historic session today as the All Share Price Index (ASPI) crossed the 19,000 mark for the first time, closing with a gain of 107.88 points at 19,012.41. The...

2025-07-15 8:35 pm
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CSE closes all time high above 18,800 renewing market record

The Colombo Stock Exchange (CSE) closed on a strong note today as the All Share Price Index (ASPI) surged by 297.13 points to end at a fresh all time high of 18,838.39, gaining 1.60 percent for the day....

2025-07-14 9:50 pm
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Colombo Stock Exchange hits historic high as ASPI surpasses 18,500

The Colombo Stock Exchange (CSE) reached a historic milestone today as the All Share Price Index (ASPI) crossed the 18,500-point mark for the first time in the market's history. The ASPI surged by 379.77...

2025-07-11 6:01 pm
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Imported milk powder prices increased

Milk powder importers have announced a price increase for imported milk powder, with the 400g packet rising by Rs. 100, the Sri Lanka Milk Powder Importers Association confirmed. Speaking to the Daily...

2025-07-10 7:12 pm
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Tea Auction sees stronger demand for better grades

he auction offerings totalled 6.4 million kilogrammes (M/Kgs), marginally lower to the 6.5 M/Kgs on offer the previous week.  Following the Iran-Israel ceasefire, a greater degree of stability was...

2025-07-05 6:33 pm
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LTL Holdings & India’s Petronet LNG Sign MoU, Marking Key Milestone in Sri Lanka’s Clean and Sustainable Energy Transition

Sobadhanavi Power Plant to Be Inaugurated on 28th August. Aim is to Ensure Continuous, Quality Electricity Supply at Minimum Cost. Opportunity to Strengthen President’s Program for Transition...

2024-08-21 9:46 am
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Sri Lanka Rupee Steady – Central Bank

The Sri Lanka rupee remained broadly stable during July 2024 despite some intermittent volatility. The Sri Lanka rupee appreciated by 7.1 per cent against the US dollar during the year up to 31 July 2024....

2024-08-01 7:06 pm
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SLPA’s 45 Years of Excellence

Reflecting on 45 years of Sri Lanka Ports Authority’s transformative impact on Sri Lanka’s ports while envisioning continued growth and excellence in the maritime sector Governor Joseph West...

2024-08-01 7:02 pm
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Private Sector Companies Awarded Authorised Economic Operator Status

Thirty-one private sector companies were awarded the prestigious AEO Tier 1 status at a Sri Lanka Customs awarding ceremony on 30 July at the NH Collection Colombo. State Minister of Finance Ranjith Siyambalapitiya...

2024-08-01 7:00 pm
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Richard Pieris Group profits rise sharply to Rs.1.75 billion in Q1 FY24/25

Richard Pieris Group, one of Sri Lanka's largest and most diversified conglomerates, recorded a Profit Before Tax (PBT) of Rs.1.75 billion for Q1 of the 2024/25 financial year, recording a profit growth...

2024-08-01 6:58 pm
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McDonald's to 'rethink' prices after sales fall

McDonald's is reassessing its pricing strategy after a decline in sales due to customers cutting back on spending. For the first time since the pandemic, sales at outlets open for at least a year fell...

2024-07-30 9:06 am
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The 23rd SLIM Brand Excellence Awards Ceremony celebrates the theme of "Excellence in Human Intelligence."

The Sri Lanka Institute of Marketing (SLIM) has launched the 23rd SLIM Brand Excellence Awards, with this year’s theme being “Excellence in Human Intelligence.”

2024-07-29 9:10 pm
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