Home Lands Completes 100% Piling Work of Central Park Boulevard Port City Colombo Ahead of Time Deploying 9 Piling Machines
Construction of Central Park Boulevard Port City Colombo, Home Lands Group’s ultra-luxury twin-tower development in the coveted Central Park District of Port City Colombo, is progressing well ahead of planned timelines, having already completed 100% of piling work in just 88 days since construction began, working day and night. Three leading contractors, Access Engineering PLC,…
CII delegation explore more industrial and investment cooperation between Sri Lanka and India
A high-level business delegation from the Confederation of Indian Industry (CII) met with Chathuranga Abeysinghe, Deputy Minister of Industry and Entrepreneurship Development, on Tuesday (October 13) in Colombo to explore pathways for expanding industrial, investment, and business cooperation between the two nations. The delegation comprised prominent Indian business leaders representing key strategic sectors, including renewable…
Colombo tourism needs stronger global marketing push
Colombo needs stronger international marketing and better connectivity with key source markets to attract more foreign tourists, General Manager of Cinnamon Life at City of Dreams and Senior Vice President of Colombo Hotels at Cinnamon Hotels & Resorts, Kamal Munasinghe said. In response to a media question on increasing tourist arrivals and attracting new visitors…
PM urges private sector to take risks, invest in skills to stem brain drain
Prime Minister Dr. Harini Amarasuriya yesterday called on the private sector to take calculated risks, invest in workforce development and help create meaningful employment opportunities at home, warning that the country’s transformation cannot be left to the Government alone. Addressing the Sri Lanka Economic and Investment Summit 2026 organised by the Ceylon Chamber of Commerce,…
CBSL warns of rising credit risks despite financial system stability
Sri Lanka’s financial system remained stable during the first half of 2026, supported by economic recovery, improved fiscal performance and adequate capital and liquidity buffers, although rising household borrowing and external uncertainties pose emerging risks, the Central Bank of Sri Lanka (CBSL) said. In its Financial Stability Review 2026, released yesterday, the Central Bank highlighted…
ComBank empowers next generation with 200th STEM Classroom
Reinforcing its commitment to digital education and future-ready skills, the Commercial Bank of Ceylon has reached a significant milestone in its contribution to Sri Lanka’s education sector with the opening of its 200th STEM (Science, Technology, Engineering and Mathematics) classroom at Agamethi Balika Maha Vidyalaya in Panadura. This facility extends a long running programme that…
Seylan Bank surpasses Rs. 1 Tn in total assets
Seylan Bank PLC, has surpassed LKR 1 trillion in total assets, marking a significant milestone in the Bank’s growth journey and strengthening its position among Sri Lanka’s leading private sector banks. The Bank reached the milestone in September 2026, becoming the fourth private sector bank in Sri Lanka to achieve this landmark. Surpassing LKR 1…
ComBank brings stakeholders together to prepare Lanka’s agriculture sector for El Niño
In response to emerging climate risks, the Commercial Bank of Ceylon has launched a proactive initiative through its Development Credit Department, to equip Sri Lanka’s agricultural sector against the potential impacts of the 2026 El Niño climate pattern. Seeking to move the industry from reactive loss management to early climate preparedness, the Bank partnered with…
Pan Asia Bank-National Chamber of Commerce support SMEs
Pan Asia Bank partnered with the National Chamber of Commerce of Sri Lanka (NCCSL) to strengthen entrepreneurial capabilities. In line with the bank’s sustainable development goals and its memorandum of understanding with the NCCSL, Pan Asia Bank organised SME development workshops in collaboration with the chamber, focusing on the entrepreneurs in the SME sector, export-oriented…
SDB bank appoints banking veteran Manoj Akmeemana as Chief Executive Officer
SDB bank has appointed Manoj Akmeemana as chief executive officer, placing the career banker in charge of the institution’s operations and strategic direction. The bank said Akmeemana brings more than three decades of experience in Sri Lanka’s financial sector, including work in retail banking, corporate banking, risk, recoveries and institutional management. Before joining SDB bank,…