Category: Business and Economy

The government aims for a multi-cloud hybrid system, integrating public and resident cloud infrastructures to drive the digital economy, Dr. Hans Wijayasuriya, Chief Advisor to the President on Digital Economy told the Grounded Sovereign Cloud Symposium 2026 held in Colombo on June 17. Sri Lanka aspires a 5x growth in its digital economy from around…

Seylan Bank, in collaboration with the Department of Development Finance, has introduced ‘Seylan Athwela’, a concessionary financing initiative designed to strengthen Sri Lanka’s agriculture sector by improving access to affordable funding for farmers, agribusinesses, and agriculture-related enterprises. As a bank committed to enabling growth across key sectors of the economy, Seylan Bank aims to support…

Keells Nexus has begun to play a more meaningful role, with a 25-year legacy in Sri Lanka’s loyalty landscape and over two million registered members, Nexus has grown beyond a traditional rewards programme into a platform that connects shopping, savings and engagement in a more immediate way. Its recent evolution into the Nexus app reflects…

Prima KottuMee continues to strengthen its position as one of Sri Lanka’s most beloved brands, securing a top three spot in the Packaged Foods – Pantry Items category in the LMD Reader’s Choice Most Loved Brands rankings. The recognition is a testament to the brand’s vibrant identity, innovative spirit and enduring appeal among consumers, particularly…

Gestetner of Ceylon PLC (GOC), one of Sri Lanka’s most trusted technology distribution companies, has announced its appointment as the Authorized Distribution Partner for MAXHUB in Sri Lanka, a move widely regarded as a landmark development in the country’s smart workspacetechnology landscape. MAXHUB, a globally recognized leader in collaborative display technology and intelligent workplace solutions,…

DFCC Bank has relocated its Ratnapura Branch to a new premises at Main Street, Ratnapura, offering customers a more accessible, spacious, and convenient banking environment. The relocation reflects DFCC Bank’s continued investment in creating banking experiences that are simpler, more comfortable and better aligned with evolving customer expectations. Strategically located within Ratnapura’s commercial centre, the…

The Department of Import and Export Control has issued a gazette notification to prevent the illegal outflow of foreign exchange from the country. Accordingly, the President, in his capacity as the Minister of Monetary Planning and Economic Development, issued a gazette notification containing new regulatory measures effective from last Friday (19th) to effectively monitor foreign…

Sri Lanka’s economy maintained its growth trajectory in the first quarter of 2026, with agriculture, industry and services sectors recording broad-based expansion, while improved fiscal indicators and rising stock market indices underscored strengthening economic conditions, according to the latest weekly highlights released by the Central Bank of Sri Lanka (CBSL). The economy expanded by 5.1…

Marlbo Trading Company has announced the introduction of Holmatro Rescue, a globally recognised leader in rescue equipment and emergency response solutions from the Netherlands, to enhance rescue operations and emergency preparedness in Sri Lanka. The company has also been appointed as the official agent in Sri Lanka for Holmatro Rescue solutions. Chairman of Marlbo Trading…

Sri Lanka Insurance Corporation General Limited (SLICGL), the nation’s trusted leader in general insurance, has been recognised as Sri Lanka’s No. 1 Most Loved General Insurance Brand in 2026. The honour, awarded by LMD – The Voice of Business, demonstrates the deep trust, confidence and lasting relationships customers continue to place in SLICGL. It is…