Balance of payments: External current account returns to surplus
Sri Lanka’s external current account recorded a surplus of $ 133 million in August following four consecutive months of deficits. The surplus was supported by the lower trade deficit compared to recent months, reflecting lower import expenditure. The current account recorded a cumulative deficit of $ 291 million during January-August, reflecting pressures on the external…
Sampath Bank launches Sri Lanka’s first community-powered book discovery platform at Colombo International Book Fair
Sampath Bank PLC has launched Sampath Book Finder, Sri Lanka’s first community-powered book discovery platform, giving visitors to the Colombo International Book Fair a faster and more seamless way to find the books they are looking for across the fair’s 150+ stalls, while also opening up new opportunities to discover titles recommended by fellow readers.…
Pan Asia Bank’s Rs. 5 Bn debenture issue oversubscribed
Pan Asia Banking Corporation PLC’s Senior Listed Rated Unsecured Redeemable Debenture issue of up to Rs. 5 billion was oversubscribed following its opening yesterday, reflecting strong investor interest. The debentures, with a par value of Rs. 100 each, will be listed on the Colombo Stock Exchange (CSE). The three-year debentures offer an interest rate of…
Lead Agencies Convene to Accelerate Implementation of National Export Development Plan 2026–2030
The Sri Lanka Export Development Board (EDB), in collaboration with the Ministry of Industry and Entrepreneurship Development, convened a coordination meeting with the Lead Implementing Agencies of the National Export Development Plan (NEDP) 2026–2030 Tuesday, 29th September 2026, at the Auditorium of the Ministry of Industry and Entrepreneurship Development. The meeting brought together representatives of…
SLFFA Elects New Leadership at 45th AGM, Sets Sights on Positioning Colombo as Regional Cargo Hub
The Sri Lanka Logistics & Freight Forwarders’ Association (SLFFA) held its 45th Annual General Meeting (AGM) at the Cinnamon Grand Hotel in Colombo, electing new office bearers for the 2026/2027 term. The event was graced by Hon. Anura Karunathilaka, Minister of Ports and Civil Aviation, as Chief Guest, alongside Mr. W.W.S. Mangala, Secretary to the…
Union Bank Sri Lanka upgrades card platform with BPC
Union Bank modernised its credit card business by implementing BPC SmartVista, a unified payment platform designed to provide greater control over product development, integrations, data management and customer experience in Sri Lanka. The deployment enabled Union Bank to gain operational control and improve its ability to deliver secure and enhanced credit card services. The new…
DFCC Bank Signs Master Trade Loan Agreement with India Exim Bank
DFCC Bank has signed a Master Trade Loan Agreement with the Export-Import Bank of India under its Trade Assistance Programme, expanding the Bank’s capacity to support trade between Sri Lanka and India. The agreement was signed on 22 September 2026 by Thimal Perera, Director/Chief Executive Officer of DFCC Bank; Prins Perera, Senior Vice President –…
HNB Launches Supiri Weera Jumbo, Movie and Cartoon Series, to Mark 35 Years of HNB Singithi
HNB PLC, Sri Lanka’s leading private sector bank, has launched Supiri Weera Jumbo, the first cartoon series produced by a Sri Lankan bank, to mark the 35th anniversary of HNB Singithi, the country’s first branded children’s savings account. The series premiered at Scope Cinemas, Havelock City Mall, Colombo 05 on September 29, 2026, and will…
IMOU SMART LIFE 2026 marks new chapter for DARSKO in Sri Lanka’s smart security market
DARSKO (Pvt) Ltd brought together technology partners, dealers, resellers, system integrators and ICT industry stakeholders at IMOU SMART LIFE 2026, showcasing IMOU’s smart security and connected technology solutions for Sri Lankan homes and businesses. Hosted for the first time in Sri Lanka, the event introduced partners to IMOU’s latest product developments while exploring opportunities across…
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அடுத்த தலைமுறை வங்கியியல் சேவைகளுக்கு வலுவூட்டுவதற்காக Composable eMACH.ai பிரதான வங்கியியல் கட்டமைப்பிற்கு மேம்படுத்தப்பட்டுள்ளது விரிவுபடுத்தப்பட்டுள்ள இந்த பங்காண்மை, பிரதான வங்கியியல், கடன் வழங்கல், வணிக நிதி மற்றும் திறைசேரி ஆகிய துறைகளை உள்ளடக்கியதுடன், கார்கில்ஸ் வங்கியின் நீண்டகால வளர்ச்சி இலக்குகளுக்கு ஆதரவளிக்கும் ஒருங்கிணைந்த, எதிர்காலத்திற்குத் தயாரான வங்கியியல் தளத்தையும் உருவாக்குகிறது. AI-ஐ மையமாகக் கொண்ட, நிறுவனத் தரத்திலான நிதித் தொழில்நுட்பத்தில் உலகளாவிய முன்னணி நிறுவனமான Intellect Design Arena Ltd., இலங்கையின் உரிமம் பெற்ற வர்த்தக…