Category: Business and Economy

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…

• Loan book grows by Rs. 270.4 Bn. in 6 months to Rs. 2.36 Tn.• Total assets up by Rs. 361 Bn. to Rs 3.74 Tn. The Commercial Bank of Ceylon Group has reiterated its leadership in financial intermediation, becoming the first private sector banking group in Sri Lanka to cross the Rs. 3 trillion…

Sampath Bank delivered a strong financial performance for the six months ended 30th June 2026, reporting Total Operating Income of Rs 63.3 Bn, an increase of 17% compared to the corresponding period last year. The Bank’s performance was driven by sustained growth across its core revenue streams, with Net Interest Income increasing by 11% and…

Amãna Bank PLC in collaboration with the Philatelic Bureau of the Department of Posts of Sri Lanka launched a Special Commemorative Cover and Stamp in celebration of the Bank’s 15th Anniversary. The ceremonial launch was held on August 12, to honour and mark Amãna Bank’s contribution to Sri Lanka’s financial services landscape and its distinctive…

Continuing its long-standing commitment to empowering future generations through education, Seylan Bank recently opened its 294th ‘Pahasara’ Library at Galgamuwa Maha Vidyalaya, Maharachchimulla, Narammala, marking another milestone in the Bank’s flagship social sustainability initiative. The library was opened in the presence of N.D.R. Jayasuriya, Assistant Director of Education Giriulla Division; Upendra Adhikari Regional Manager North Western Region…

The Sri Lanka Export Development Board (EDB) has stepped up efforts to strengthen the export readiness of local jewellery manufacturers, with a team led by EDB Chairman Mangala Wijesinghe conducting an observation visit to Ashadi Jewellers (Pvt) Ltd. Established in 1988, Ashadi Jewellers has grown into a major handmade jewellery manufacturer, employing around 330 people. The company…

The Sri Lanka – China Business Council (SLCHBC) of The Ceylon Chamber of Commerce held its 25th Annual General Meeting recently, marking a quarter-century of partnership and reaffirming its commitment to strengthening bilateral economic cooperation with China. Outgoing President of the SLCHBC Haroun Cader delivered his farewell address after two years at the helm of…

Seylan Bank has launched its latest Seylan Cards Redeem & Win promotion, giving Seylan Cardholders another reason to make the most of their accumulated reward points. The promotion will be running from July 1 to August 31, 2026, the campaign offers Seylan Cards Rewards Programme members the opportunity to win two return air tickets to…

The Ceylon Chamber of Commerce and the Maldives Business Chamber have entered into a Memorandum of Understanding (MoU) that will create new opportunities for businesses in Sri Lanka and the Maldives to expand trade, investment and commercial partnerships. The signing took place in the presence of Wasantha Samarasinghe, Minister of Trade, Commerce, Food Security and…

Expo Visa Services (EVS) has been recognised with two prestigious accolades at the National Business Excellence Awards (NBEA) 2026, organised by the National Chamber of Commerce of Sri Lanka (NCCSL). The company was named Runner-Up in the Travel, Visa and Immigration Sector and First Runner-Up in the Small Category, recognising its commitment to business excellence, innovation, and service quality. The dual…