Category: Business and Economy

Sri Lankaโ€“Canada Business Council reaffirms commitment to strengthening bilateral business relations

The Sri Lankaโ€“Canada Business Council of The Ceylon Chamber of Commerce recently convened its 35th Annual General Meeting (AGM) at the Ceylon Chamber of Commerce, bringing together Council members, office bearers and distinguished stakeholders to review the Councilโ€™s activities during the past year and set its direction for the year ahead. The AGM was attended…

By Off

SDB bank recognised as Banking Sector Runner-Up at National Business Excellence Awards

SDB bank has been recognised as the Banking Sector Runner-Up at the National Business Excellence Awards, reaffirming its position as a purpose-driven financial institution committed to sustainable growth, responsible banking and meaningful social impact. Organised by the National Chamber of Commerce of Sri Lanka, the National Business Excellence Awards is one of the countryโ€™s most…

By Off

Capacity-building by CDB empowers SME Entrepreneurs in Kandy

Citizens Development Business Finance PLC (CDB) reiterated its commitment to strengthening Sri Lankaโ€™s small and medium enterprise (SME) sector with an SMB Capacity-Building Programme in Kandy. Held on August 3rd at the Divisional Secretariat Hall B, the programme was driven under CDBโ€™s SMBPlus as part of CDBโ€™s broader strategy to support entrepreneurs beyond conventional financial…

By Off

CMTA urges action on government revenue leakage of Rs.40 billion and a uniform duty structure for all importers in the automotive industry

The Ceylon Motor Tradersโ€™ Association (CMTA), established in 1919 is the most senior automotive association in Sri Lanka affiliated with the Ceylon Chamber of Commerce, is calling for greater consistency, transparency and fairness in the policies governing the countryโ€™s automotive sector, stressing that a sustainable vehicle import framework must ensure a level playing field across…

By Off

Hettich Celebrates a Decade in Sri Lanka with Landmark Partner Meet in Colombo

Global furniture fittings leader marks 10 years of growth and partnership in Sri Lanka and unveils Blaupunkt built-in kitchen appliances. Hettich, the globally renowned German manufacturer of furniture fittings and architectural hardware known for its state-of-the-art manufacturing plants and magical interior solutions across the world celebrated a significant milestone in Sri Lanka, marking 10 years…

By Off

Tea exports โ€˜resilientโ€™ amid 85% route disruption

Sri Lankaโ€™s Ceylon Tea exports have remained resilient despite about 85% of shipping routes being disrupted; with freight rates rising, and shipments forced to travel around the Cape of Good Hope, Tea Exporters Association (TEA) Chairperson for 2026/2027 Huzefa Akbarally said recently, according to a press release. Addressing the TEAโ€™s 27 Annual General Meeting (AGM)…

By Off

Governor urges stronger anti-money laundering compliance

The prevention of money laundering should not be regarded as the responsibility of banks alone, as lawyers, notaries, independent legal professionals and other designated non-financial businesses and professions DNFBPs also have a critical role to play, Central Bank Governor Dr. P. Nandalal Weerasinghe said. Addressing a conference organised by the Bar Association of Sri Lanka…

By Off

EDB, Kelaniya University forge innovation link to boost electronics exports

The Sri Lanka Export Development Board (EDB) and the University of Kelaniya have launched a new industry-academia collaboration aimed at strengthening Sri Lankaโ€™s electronic and electrical exports through research, innovation and product diversification. The initiative, titled โ€œInnovation Bridge 2026,โ€ brought together exporters, manufacturers, academics and industry experts at a seminar and mini innovation exhibition held…

By Off