Category: Business and Economy

China Harbour Engineering Company (CHEC) has achieved a major construction milestone in the China-aided affordable housing project in Colombo, with the topping out of the Maharagama site on May 12. The milestone marks the completion of the main structural works for 112 housing units, forming part of a wider 1,996-unit housing development designed to support…

LOLC Al-Falaah, the Alternate Financial Services Unit of LOLC Finance PLC, has announced the signing of a strategic partnership with Euro Motors Pvt Ltd., marking a significant step towards redefining accessibility to vehicle ownership through innovative and customer-centric financial solutions. The Memorandum of Understanding (MoU), signed on April 20, at the LOLC Head Office in…

People’s Bank recently inaugurated its Udupiddy Service Centre at a new location. The relocated Service Centre, attached to the People’s Bank Valvettiturai Branch, now provides customers in the Udupiddy area with improved access to the latest digital banking facilities and services. The opening ceremony was attended by M. Mathiyalagan, Regional Manager (Jaffna); Assistant Regional Managers…

Sri Lanka’s relationship with mobility has changed significantly over the past few years. What was once a routine part of daily life, became uncertain during the height of the fuel crisis, forcing people to rethink how they travelled, worked, and managed their everyday responsibilities. Against this backdrop, a new podcast series hosted by PodHUB and…

Union Bank has strengthened its collaboration with the Sri Lanka Export Credit Insurance Corporation (SLECIC) to significantly enhance financial solutions for Sri Lankan migrant workers. The partnership was formalized recently with the sharing of an APARA Guarantee. The event was held with the participation of Prof.ArunaShanthaarachchi, Chairman & Managing Director of SLECIC and Asanka Ranhotty,…

China emerged as Sri Lanka’s largest trading partner in value terms, surpassing India and the United States the third largest trading partner in 2025. Together, these three countries accounted for around 41% of Sri Lanka’s total merchandise trade, a Public Lecture on the State of the Economy as Reflected in the Annual Economic Review –…

Mark and Comm (Pvt) Ltd together with Talkwalker, the world’s leading social intelligence platform, is now offering clients and prospects in Sri Lanka professional social listening, media monitoring, reporting, and strategic advisory as a fully managed service. As the exclusive Hootsuite and Talkwalker partner for Sri Lanka and the Maldives, Mark and Comm identified a…

Consultant Haemato-Oncologist, Dr Buddhika Somawardana said every year 15,000 to 18,000 individuals are diagnosed for cancer in Sri Lanka and within that 2,000 new patients who need bone marrow (stem cell) transplant (BMT). “We have a few specialist doctors in the country at present who have obtained advanced training in UK to treat majority of…

People’s Leasing & Finance PLC (PLC), celebrates its 30th anniversary on 31st May 2026, marking three decades of empowering individuals, entrepreneurs and businesses across the island with innovative financial solutions. Over the past 30 years, PLC has evolved into a household name in the financial services sector, driven by a strong commitment to financial inclusivity,…

HDFC Bank of Sri Lanka has launched its latest green financing solution, HDFC Green Leasing, alongside a nationwide tree planting initiative held in line with the auspicious timing of the Sinhala and Tamil New Year on April 23. Marking a symbolic and unified beginning, all 39 branches of the Bank conducted tree planting ceremonies simultaneously…