Category: Business and Economy

Kotmale moves to forge an โ€˜ironโ€™ nation

Kotmale recently partnered the IRONKIDS Colombo event as principal sponsor, supporting nearly 400 young participants as part of the IRONMAN 70.3 Colombo Triathlon held in the city. While the internationally recognised IRONMAN event attracted athletes from around the world to compete across the scenic 70.3 km triathlon course, IRONKIDS provided a special platform for children…

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Sri Lankan tea brand secures highest price

A Sri Lankan tea brand secured the highest price at this week tea auctions amounting to Rs 6,950. Accordingly, Maleesha Tea Factory, situated in Agalawatta in the Kalutara District, realized the highest price of Rs. 6,950 for a Premium Flowery (FBOPFSP) invoice, despite prevailing global market uncertainties. The line was sold through the catalogue of Lanka Commodity Brokers Ltd.…

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Sri Lanka shows tourism potential at ITB Berlin

Sri Lanka was able to conclude its participation at the ITB 2026 on a successful note, attracting visitors both German and from all across the European Region. The Sri Lanka Pavilion was a major attraction throughout the entire event, with its traditional dance performances, culture and glamour, and the myriad of  Travel opportunities and Tourism products they…

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CBSL to conduct nationwide survey

The Central Bank of Sri Lanka (CBSL) has initiated steps to conduct a nationwide survey aimed at gathering comprehensive data on financial inclusion in the country as part of efforts to formulate the National Financial Inclusion Strategy Phase II. According to the CBSL, the survey will be carried out across 480 Grama Niladhari Divisions covering…

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Asiri Laboratories Introduces BioFireยฎ FilmArrayยฎ โ€” Sri Lankaโ€™s First Rapid Infectious Disease Diagnostic System

Revolutionary syndromic molecular testing platform delivers faster, more accurate results to enhance patient outcomes and clinical decision-making In a landmark step toward advancing infectious disease diagnostics, Asiri Laboratories has introduced the BioFireยฎ FilmArrayยฎ System โ€” a cutting-edge multiplex PCR platform that transforms pathogen detection with unmatched speed, accuracy, and confidence. This breakthrough marks a significant leap in Sri Lankaโ€™s diagnostic…

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Siyapatha Finance to issue LKR 3.75 Bn debentures

Siyapatha Finance PLC, the largest subsidiary of Sampath Bank PLC and a prominent leader distinguished in Sri Lankaโ€™s non-bank financial sector, announced its decision to raise a maximum of Rs. 3.75 billion through its debenture issue. The Board of Directors approved the decision to raise funds through the issuance on the 26 th August, 2025…

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SEC Chairman highlights stronger regulatory framework and market development vision

Senior Professor Hareendra Dissabandara, Chairman of the Securities and Exchange Commission of Sri Lanka, emphasized the importance of a robust regulatory framework and long-term market development while addressing the Second National Capital Markets Symposium organized by the Bar Association of Sri Lanka. Delivering the keynote speech at the event, Prof. Dissabandara highlighted that the Securities…

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