Author: LBO
Kaspersky detects 14 million local malware incidents in Sri Lanka in 2025
Sri Lanka experienced 14,960,244 local malware incidents on user computers during 2025, with 37.4% of users in the country attacked by threats spread through removable USB drives, CDs, DVDs and other offline methods, according to the latest Kaspersky Security Bulletin. This places Sri Lanka in the 48th position worldwide for local threat exposure. The data […]
Ceylon Chamber of Commerce Announces Leadership Transition; Shiran Fernando Appointed Secretary General/CEO
The Ceylon Chamber of Commerce announces a planned and orderly leadership transition, underscoring its commitment to strong governance, leadership continuity, and long-term institutional stability. Accordingly, Mr. Shiran Fernando has been appointed Secretary General and Chief Executive Officer, effective 8th May 2026, succeeding Mr. Buwanekabahu Perera, who will conclude a three-year tenure at the helm of […]
Sri Lanka’s first 100-pct enewable energy recycling center in plantation sector unveiled by the Coca-Cola Foundation
The first zero-emission Material Collection and Processing Facility in Sri Lanka was officially inaugurated under the SWYFT Project. This initiative is funded by The Coca-Cola Foundation (TCCF), implemented by Janathakshan, with Neptune Recyclers serving as the recycling partner, in collaboration with Talawakelle Plantation. The Somerset ECO Material Collection & Processing Center was officially opened on […]
International Solar Alliance Operationalises Country Partnership Strategy Through High-Level SL Mission
The International Solar Alliance (ISA) is undertaking a high-level mission to Sri Lanka from6 to 9 April 2026, led by Director General Mr Ashish Khanna, to advance the operationalisation of the ISA–Sri Lanka Country Partnership Strategy (CPS) and accelerate the country’s solar deployment agenda. The mission focuses on four key outcomes: formal endorsement of the […]
Fitch Publishes ‘A(lka)’ Rating on WindForce’s Proposed Debentures
Fitch Ratings has published the National Long-Term Rating of ‘A(lka)’ on WindForce PLC’s proposed senior unsecured redeemable debentures of up to LKR4 billion. The notes are rated one notch below WindForce’s National Long-Term Rating (A+(lka)/Stable) due to increasing structural subordination from secured debt at operating subsidiaries used to fund its capacity expansion. WindForce’s rating reflects […]
NDB Reports Internal Fraud to CBSL; Customer Accounts Unaffected
The Central Bank of Sri Lanka (CBSL) stated that the National Development Bank PLC (NDB) has informed CBSL of an internal fraud that could result in a significant financial loss. CBSL further noted that NDB has confirmed no customer accounts or deposits have been affected by this incident. Central Bank said it has carried out […]
HIP Expands Capacity as Middle East Crisis Drives Surge in Shipping Volumes
Hambantota International Port (HIP) has significantly expanded its operational capacity in response to a sharp surge in global shipping volumes triggered by the ongoing crisis in the Middle East, reinforcing its position as a key alternative hub along the East–West shipping corridor. The port has doubled its Roll-on/Roll-off (RoRo) yard capacity and increased its container […]
TONIK launches “Island Daughters” A storytelling series honouring women who carried Sri Lanka to the world
This International Women’s Month, TONIK invites Sri Lanka to see itself differently. Not just as an island shaped by land and history — but by its women. Through Island Daughters, a new storytelling series, TONIK shines a light on the women whose voices, creativity, and courage have carried Sri Lanka’s story far beyond its shores. […]
Chevron Lanka exceeds LKR 4Bn in earnings for first time
Chevron Lubricants Lanka PLC (“Chevron Lanka”) (LLUB), a listed entity in the Colombo Securities Exchange (“CSE”), notched up record earnings in 2025, the highest ever in its 32-year history of operations in Sri Lanka. Earnings surpassed the LKR 4 billion milestone for the first time, on a topline of LKR 24.39 billion based on the […]
IASL launches revamped website to better serve Sri Lanka’s insurance ecosystem
The Insurance Association of Sri Lanka (IASL) announced the launch of its newly revamped official website at www.iasl.lk, reinforcing the Association’s commitment to transparency, accessibility, and industry leadership in an increasingly digital landscape. The redesigned platform reflects IASL’s recognition that improving its digitalisation standards is centralto its mandate. As Sri Lanka’s insurance industry navigates accelerating […]
Sri Lanka Eyes Stronger Energy Ties as Moscow Meetings Deepen Cooperation
The Minister of Transport, Highways and Urban Development and Leader of the House of Parliament of Sri Lanka, Bimal Rathnayake, undertook an official visit to Moscow, where he engaged in a series of high-level meetings aimed at strengthening bilateral cooperation and exploring new avenues of partnership between Sri Lanka and the Russian Federation. During the […]
EDB and CPC Meets Sri Lankan Exporters on Fuel Distribution
The Sri Lanka Export Development Board (EDB) recently convened a high-level meeting between the Ceylon Petroleum Corporation (CPC) and a broad cross-section of Sri Lanka’s export industry to discuss the current fuel distribution mechanism and its impact on the export sector. Held at the CPC Head Office, the meeting was convened at the initiative of […]