Business
CSE exudes bullish exuberance with turnover of Rs. 4 billion and 12 crossings

By Hiran H.Senewiratne
The CSE was extremely bullish yesterday owing to the maintenance of a dovish monetary policy or lower interest rates by the Central Bank. Besides, institutional and retail participation was vibrant, market analysts said.
Consequently, crossings dominated the market with the active participation of both retail and institutional buyers. Both indices moved upwards. The All Share Price Index went up by 109.94 points while S and P SL20 rose by 54.16 points. Turnover stood at Rs 4.1 billion with twelve crossings.
Details of the crossings are as follows: Commercial Bank, crossed 811,000 shares to the tune of Rs 93.3 million; its shares traded at Rs 115, Ceylon Cold Stores 1.5 million shares crossed for Rs 90 million; its shares fetched Rs 60, PGP Glass 3 million shares crossed for Rs 87.1 million; share price Rs 29, Dipped Products 2 million shares crossed for Rs 62 million; shares Rs 31,Vallibel One 1 million shares crossed for Rs 56 million; shares traded at Rs 56, Hayleys 500,000 shares crossed to the tune of Rs 43 million; share price Rs 80, JKH 200,000 shares crossed for Rs 41.65 million; share price Rs 208.25, Royal Ceramic 1 million shares crossed for Rs 34 million; share price Rs 34, Hemas Holdings 353,000 shares crossed for Rs 31.1 million; share price Rs 88, HNB 136,000 shares crossed to the tune of Rs 27.7 million; share price Rs 203, NDB 275,000 shares crossed for Rs 21.03 million, share price Rs 76.50 and Hayleys Fabrics 500,000 shares crossed for Rs 20.14 million; share price Rs 40.30.
In the retail market top six companies that mainly contributed to the turnover were; Ceylon Cold Stores Rs 248 million (4 million shares traded), Sampath Bank Rs 219 million (2.7 million shares traded), JKH Rs 190.5 million (914,000 shares traded), Royal Ceramic Rs 167 million (4.9 million shares traded), Hayleys Rs 148 million (1.6 million shares traded) and Browns Investments Rs 147 million (22.5 million shares traded). During the day 166 million share volumes changed hands in 25500 transactions.
Yesterday the rupee opened at Rs 296.20/40 to the US dollar after closing at Rs 296.00/30 last Friday, dealers said. Bond yields were down, dealers said. A bond maturing on 15.12.2026 was quoted down at 11.10/20 percent from 11.15/20 percent. A bond maturing on 15.03.2028 was quoted down at 11.80/90 percent from 11.90/12.00 percent.
Business
ASUS launches ‘cutting edge’ laptops in Sri Lanka for AI acceleration

ASUS and Republic of Gamers (ROG) Sri Lanka officially launched their latest suite of computing innovations, setting a new benchmark for ultra-portability, AI acceleration, and next-generation gaming experiences in the country.
Unveiled at Shangri La, Colombo on May 7th, the lineup includes five cutting-edge laptops designed to cater to students, professionals, gamers, and creators, marking a transformative leap for Sri Lanka’s tech landscape.
Leading the charge is the ASUS Zenbook A14, the world’s lightest Copilot+ PC at just 980 grams. Featuring a durable Ceraluminum chassis, Snapdragon X processor, and a 45 TOPS NPU for AI tasks, it boasts an ASUS Lumina OLED display, up to 32-hour battery life, Wi-Fi 7, and 1 TB SSD storage. Meanwhile, the gaming-focused ROG Strix SCAR 16/18 and Zephyrus G16 pack Intel Core Ultra 9 processors and NVIDIA RTX 5090 GPUs, paired with 240Hz Mini-LED displays, customizable RGB lighting, and advanced cooling systems for marathon sessions.
“Our mission is to push boundaries in performance and design,” said Eric Ou, ASUS South Asia’s Regional Head, emphasizing the brand’s commitment to innovation. The new devices blend portability with power, offering AI-enhanced workflows and gaming prowess.With multi-day battery life and groundbreaking specs, ASUS aims to redefine how Sri Lankans work, create, and play.
By Sanath Nanayakkare
Business
Direct Kitchens opens flagship Colombo showroom blending Australian luxury design with local elegance

Direct Kitchens, Melbourne’s premier designer and manufacturer of high-end custom kitchens, marked a significant milestone with the launch of its first international showroom in Colombo, bringing over 40 years of world-class kitchen design expertise to sophisticated Sri Lankan homeowners. Located at No. 314, R.A. De Mel Mawatha, Colombo 03, the new Experience Centre reflects the brand’s commitment to luxury, craftsmanship, and innovation.
The soft launch of the showroom was attended by select invitees including Nalin Herath, Chairman and Managing Director of Home Lands Group, who graced the occasion as the Chief Guest, along with industry professionals and well-wishers.
For over three decades, Direct Kitchens has earned a stellar reputation in Australia for creating bespoke, luxurious kitchens that are as functional as they are visually stunning. From sleek modern designs to timeless French provincial and country styles, each kitchen is crafted with precision, using the finest materials and cutting-edge technology. The brand also specializes in a range of custom interior solutions including pantry units, wardrobes, closets, laundry units, and more—tailored to suit the lifestyle and aesthetic of each client. Direct Kitchens Sri Lanka is a subsidiary of Home Lands Group, Sri Lanka’s leading real estate solutions provider.
The Colombo Experience Centre marks the beginning of Direct Kitchens’ global journey in redefining sophisticated living spaces. Visitors to the showroom can explore a curated selection of premium kitchen displays, cabinetry styles, finishes, and fittings—guided by a team of expert designers who offer personalized consultations and complete project management services.
Speaking at the launch, Amaya Herath, Director of Direct Kitchens Sri Lanka, stated, “We are proud to bring the legacy of Direct Kitchens to Sri Lanka and offer homeowners here access to a new standard in luxury interior solutions. Our Experience Centre is more than just a showroom—it’s a space where creativity, lifestyle, and functionality meet. With our decades of expertise and design excellence, we look forward to helping our clients transform their homes into elegant, purposeful spaces.”
Business
W15 Ambuluwawa- Magic, mystery and magnificence

Harold Samuel, a British real estate mogul is credited with the phrase- location, location, location, a sentiment that will forever be pertinent and one that is evident when you behold W15 Ambuluwawa, a white clad stunning boutique hotel perched atop an outcrop of land in Gampola, offering 360-degree views of hills wearing jade and crowns of white clouds. It is a magical place that invites guests to leave the ordinary behind and step into the extraordinary and be enveloped with an utter stillness of being and a peace that transcends quiet.
W15 Ambuluwawa is indeed a rare find, a gem that has been recently added to adorn the W15 Collection, a group of luxurious boutique hotels dotted across some of the most beautiful locations in Sri Lanka. The first boutique hotel to be opened within the Ambuluwawa biodiversity project, W15 Ambuluwawa, with one master suite, 4 deluxe and 3 standard rooms, has been designed with responsibility to the surroundings and sustainability at its core. The ingenuity of architectural genius is displayed from every space in this breathtaking property as the exterior beauty is captured through floor to ceiling windows, a spacious patio and a sundeck.
Guests can expect W15’s signature exceptional service with a large staff cadre and a personal butler assigned to each room, an extraordinary al-fresco dining experience where tastebuds will be tantalized while nature paints the skies with vivid hues and birdsong provides a harmony of background music. Evenings are for breathtaking sunsets to be imbued into your restless soul while you sip a sundowner on the patio.
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