Category: Business and Economy

The ‘Sri Lankan Entrepreneurs’ Night 2026’ Entrepreneur and Investor Conference organized by the ‘Australia Sri Lanka Business Forum’ (ASLBF) with the aim of strengthening economic, trade and investment relations between Sri Lanka and Australia in a new approach was held in Melbourne, Australia on August 15. Minister of Industry and Entrepreneurship Development Sunil Handunnetti, who…

Bank of Ceylon (BOC), Sri Lanka’s leading financial institution, continued to uphold its enduring legacy as the Bankers to the Nation as it marks 87 years of service to Sri Lanka. During the 1H 2026, the Bank leveraged its financial strength and extensive nationwide network to support the Government, businesses, infrastructure development and communities, while…

HNB Life PLC has been recognised by Great Place to Work Sri Lanka as one of the Top 50 Best Workplaces in Sri Lanka, further strengthening its reputation as an organisation that places its people at the heart of its success. This marks the fourth time the company has received this recognition, reaffirming its continued…

People’s Bank has marked International Youth Day 2026 by introducing a range of exclusive benefits under its ‘YES Infinity 2026’programme, further strengthening its commitment to empowering Sri Lanka’s youth with modern, convenient and rewarding  banking solutions. Designed to complement the dynamic lifestyles and aspirations of today’s young generation, YES Infinity 2026 offers a host of lifestyle and…

Landmark agreement establishes strategic framework to channel Chinese technology, engineering expertise, and potential capital into local water and clean-energy projectsMoU to drive:● expanding entrepreneurship infrastructure investment and foreign technology access● upgrading industrial environmental standards and technical capacity● long-term resource security and energy requirementsCOLOMBO, SRI LANKA 17th August 2026ABC Trade & Investments (Pvt) Ltd, a leading…

Though Sri Lanka’s tourism sector has recovered its Covid-19 losses, with hotel operators seeing gross profit margins significantly improving, certain operators’ net profitability margins are yet to recover, SenFin Securities’ findings on the financial performance of the sample six operators, between the financial year of 2022 and 2026 shows. The advisory, commenting on the performance…

The Asian Development Bank (ADB) is supporting the Sri Lanka Upper Watershed Ecological Restoration Program (SUWERP) to strengthen institutions, mobilize sustainable financing and scale up ecological restoration, Shannon Cowlin, Country Director for Sri Lanka, ADB told the Serendipity Knowledge Program ‘Investing in Sri Lanka’s Upper Watersheds: Unlocking Natural Capital for a Resilient Future’ held in…

◆ Group Core Business Profit After Tax of  LKR 4.1 Bn◆ Group Total Capital Adequacy Ratio of 15.746%◆ Group Net Fee and Commission Income up by 29% to LKR 4.2 Bn◆ Group Total Assets up by 7% to LKR 921 Bn DFCC Bank entered the second half of 2026 with a larger and increasingly diversified franchise,…

As the boundaries between technology, business, leadership and governance continue to converge, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) will present its flagship 47th National Conference of Chartered Accountants from October 7 to 9, 2026 at the Monarch Imperial, Sri Jayewardenepura Kotte, under the theme “FUSION: Connecting Ideas, Creating Impact.” Announcing…

By Haridhu Abeygoonaratne, Managing Director/COO – SimCentric /Vice Chair – SLASSCOM At first glance, it seems improbable that a company developing advanced military simulation technologies for organisations such as the US Marine Corps, the US Military Academy, the UK Ministry of Defence and armed forces across NATO and Commonwealth countries would have its engineering nerve…