Category: Business and Economy

G-24 Warns of Rising Global Risks: Sri Lanka Among Economies Exposed to External Shocks

The Intergovernmental Group of Twenty-Four (G-24) has warned that escalating global risks, including geopolitical tensions, rising inflation, and tighter financial conditions could undermine fragile economic recoveries in developing countries such as Sri Lanka. In a communiquรฉ issued following its meeting on April 14, 2026, on the sidelines of the IMF-World Bank Spring Meetings in Washington,…

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ComBank accelerates cashless public transport with NCG Express partnership

In a significant commitment of support to efforts to modernise Sri Lankaโ€™s public passenger transport system, the Commercial Bank of Ceylon has partnered with NCG Express to introduce fully digital bus ticketing, enabling passengers to pay fares using cards, QR-based payments and contactless technology. The collaboration supports the Governmentโ€™s Digital Ticketing Initiative and marks one…

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Deloitte Sri Lanka launches NBFI sector Compensation & Benefits Survey 2025

Deloitte Sri Lanka hosted a leadership briefing for Corporate Business Leaders and Human Resource Professionals of Non-Bank Financial Institutions (NBFIs) to mark the official launch of the Non-Bank Financial Institutions Sector Compensation & Benefits Survey 2025 report. The first NBFI sector focused pay survey in Sri Lanka by Deloitte, highlights how companies are responding to…

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LAUGFS Supermarkets expands network with 43rd outlet in Pitipana

LAUGFS Supermarkets, a leading retail chain in Sri Lanka, announced the opening of its 43rd outlet located in Pitipana, Homagama. This latest expansion reflects the companyโ€™s continued growth momentum and commitment to serving communities with quality products and exceptional service. The Pitipana outlet marks the third supermarket opening in the first quarter of 2026, following…

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SEUIARS 2026 highlights importance of digital transformation to safeguard cultural identity

The 12th International Arts Research Symposium (SEUIARS โ€“ 2026), hosted by the Faculty of Arts and Culture of the South Eastern University of Sri Lanka (SEUSL), underscored the growing importance of digital transformation in shaping the countryโ€™s academic and cultural landscape. The symposium brought together local and international scholars under the theme โ€˜Transformation through Digitalization:…

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Seylan Cards Avurudu campaign brings merchant offers and festive rewards

Seylan Bank has unveiled a range of seasonal offers for Seylan Credit and Debit Cardholders this Avurudu season, partnering with over 300 merchants across Sri Lanka to deliver discounts, flexible payment plans and lifestyle experiences during one of the countryโ€™s most celebrated festive periods. Positioned as the โ€˜Essential Card for heartfelt essentials,โ€™ Seylan Cards aims…

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