Category: Business and Economy

Hayleys Solar Powers Three Heritage Hotels, Advancing Sustainable Tourism in Sri Lanka

1,300 kWp across three properties strengthen sustainable hospitality Hayleys Solar, Sri Lanka’s No. 1 renewable energy solutions provider, has successfully completed solar power installations across three leading hospitality properties, Golden Star Beach Hotel (240 kWp), Tangerine Beach Hotel (780.57 kWp), and DoubleTree by Hilton Weerawila (280.25 kWp) supporting the hospitality sector’s transition toward renewable energy…

By Off

American Chamber of Commerce in Sri Lanka appoints Bertram Paul as President at 34th AGM

The American Chamber of Commerce in Sri Lanka (AmCham SL) successfully held its 34th Annual General Meeting, bringing together its membership, distinguished guests, business leaders and representatives of the diplomatic community.  The AGM marked another important milestone for AmCham Sri Lanka as the Chamber reflected on a year of continued advocacy, high-level engagement and initiatives…

By Off

Parliament: SOC approves Promotion of Export Agriculture (amend.) Bill

The Promotion of Export Agriculture (Amendment) Bill was considered and approved at a recent meeting of the Sectoral Oversight Committee on Environment, Agriculture and Resource Sustainability, which is meant to modernize Sri Lanka’s export agriculture sector, according to a statement released by the Parliament. Accordingly, as part of the restructuring of the institutional structure of…

By Off

Union Bank Opens Third Leasing Hub in Matara

Union Bank recently opened its third Leasing Hub in Matara, offering faster and more convenient leasing solutions to customers. Union Bank Leasing Hubs serve as dedicated one-stop centres for all leasing requirements, providing easy access, speedy service, and an enhanced customer experience. In addition to delivering greater convenience, these hubs contribute significantly to the growth…

By Off

Binance Invests $100 Million in Circle, Expands Strategic Partnership and Renews for Five Years

New five-year agreement focuses on promotion of USDC globally Binance today announced a $100 million equity investment in Circle Internet Group, Inc. (NYSE: CRCL) and the expansion and renewal of its strategic partnership to promote USDC across Binance’s global platform. The new arrangement has a term of five years. Under the expanded partnership, Binance will…

By Off

Nations Trust Bank advances business dialogue through ‘Beyond Ordinary – Nations Business Advisory’ platform

Nations Trust Bank continues to convene business leaders and entrepreneurs through Beyond Ordinary – Nations Business Advisory, a knowledge-sharing platform designed to provide timely economic insights, expert perspectives, and meaningful business connections that support informed decision-making in a dynamic business environment. The platform serves as a forum for engaging discussions on key economic and business…

By Off

Sri Lanka–Nordic Business Council hosts ‘Members Day and Panel Discussion’

The Sri Lanka–Nordic Business Council (SLNORBC) of The Ceylon Chamber of Commerce hosted its Members’ Day and Panel Discussion under the theme ‘Skills, Start-ups and Innovation: Developing the Next Generation of Partnerships’, bringing together business leaders, entrepreneurs and policymakers from Sri Lanka and the Nordic region to discuss opportunities for collaboration in innovation-driven sectors. The…

By Off