Category: Business and Economy

Stronger industry collaboration, supportive regulation and international partnerships could help home-grown fintech companies tap markets of up to 200 million consumers, Fintech Forum Sri Lanka Vice Chairman Conrad Dias said. Sri Lanka’s fintech industry must look beyond its domestic market of just over 20 million people and build pathways into significantly larger regional markets if…

Foreign diplomatic missions in Sri Lanka were briefed on the upcoming Sri Lanka Economic and Investment Summit (SLEIS) 2026 organised by The Ceylon Chamber of Commerce at a session cobducted by the Ministry of Foreign Affairs, providing an opportunity to outline the Summit’s focus and encourage greater international engagement with Sri Lanka’s investment and business…

Toyota Lanka (Pvt) Ltd, the nation’s most trusted mobility and logistics solutions provider, marked another important milestone in its islandwide expansion with the opening of a new Body & Paint Center in Kurunegala and the groundbreaking of a new General Service Facility on 13 August 2026. With over 30 years of presence in Sri Lanka,…

The National Chamber of Exporters of Sri Lanka (NCE) is inviting exporters, manufacturers, aspiring exporters and other businesses interested in expanding into the Indian market to join an overseas exporters’ delegation to New Delhi and Mumbai from September 24 to October 1, 2026. India is one of Sri Lanka’s most important trading partners and presents…

The Kingdom Chapter of Business Network International (BNI) participated at the BNI Sri Lanka National Conference held on July 24, at Cinnamon Lakeside, Colombo. The chapter was honoured with the coveted Best Chapter of the Country for 2026 award. In addition, the Kingdom Chapter secured the Green Award for the Best Chapter. The Kingdom Chapter…

Ganlath Timber and Transport Services Chairman Tony Ganlath, has been elected President of the Sri Lanka-Malaysia Business Council (SLMBC) of the Ceylon Chamber of Commerce for the 2026–2027 term. The High Commissioner of Malaysia Badli Hisham Adam who attended the occasion as the Chief Guest. The Council’s 32nd Annual General Meeting held recently at the…

The tourism areas of Pottuvil and Lahugala in the Ampara District are set to undergo development with financial assistance from the World  Bank (WB), at an estimated cost of Rs. 350 million. The second-stage meeting to conduct Project Feasibility Studies for the special development programmes to be implemented in the areas was held at the Pottuvil Library…

HDFC  Bank Sri Lanka is celebrating its 42nd anniversary on August 21, 2026. To mark over four decades of empowering Sri Lankans, the bank is hosting traditional religious observances alongside a series of key customer –centric milestones. These initiatives include the deployment of the first phase of real-time digital service delivery platform for faster customer service, the…

The Central  Bank of Sri Lanka (CBSL) has introduced new rules governing structural changes in licensed finance companies (FCs), tightening oversight of investments, business expansion, capital adjustments and other major corporate changes. The new Finance Business Act Directions No. 04 of 2026 on Structural Changes consolidate the regulatory framework applicable to FCs and revoke three previous directions.…

Australia’s Market Development Facility (MDF), in collaboration with Thema Collection, is set to bring together Sri Lankan tourism stakeholders to promote sustainable and wellness tourism as key drivers of the country’s future tourism growth. The industry dialogue, titled “Positioning Sri Lanka as a Sustainable & Wellness Destination,” will be held on August 21 from 2…