Category: Business and Economy

The Faculty of Brands launched an event on March 9, attended by members of Sri Lanka’s marketing and advertising industry, marking the start of its efforts to drive collaboration with global and local experts and industry bodies to bring much needed practical marketing and branding knowledge to the industry. The initiative aims to build the…

Seylan Bank PLC has introduced a new feature to its SME loans portfolio, offering loan decisions within three working days for facilities below Rs. 25 million, once the required documentation is submitted. The initiative is designed to address one of the most common challenges faced by small and medium enterprises (SMEs), lengthy waiting periods to…

In a critical response to Sri Lanka’s escalating fuel shortages driven by Middle East tensions and QR rationing. The Export Development Board (EDB) has introduced a priority programme to ensure exporters receive their essential fuel stocks without delay. Treating the export sector as the nation’s top priority, this government-backed initiative aims to shield over 4,500…

The Credit Information Bureau of Sri Lanka (CRIB), in collaboration with the Insurance Regulatory Commission of Sri Lanka (IRCSL), has marked a significant milestone in the country’s insurance sector with the signing of agreements to establish a Centralised Insurance Data Repository System a first-of-its-kind national initiative to unify insurance industry data. The Centralised Insurance Data Repository will…

The National Savings Bank (NSB) has reported its highest-ever profit for the financial year ended December 31, 2025, reflecting robust growth across core banking operations and strengthened financial stability. The State-owned savings bank posted a record operating profit of Rs. 59 billion, marking a 55% increase year-on-year, while profit after tax (PAT) rose sharply by…

AIA Insurance, was the Platinum Sponsor of the inaugural EFC National Best Employer Awards 2025, a landmark national initiative organised by the Employers’ Federation of Ceylon (EFC), to recognise organisations that exemplify excellence in people‑centred leadership and responsible employment practices in Sri Lanka. The awards ceremony held recently brought together leaders from across the corporate,…

The National Chamber of Commerce of Sri Lanka (NCCSL) has announced the conclusion of a hands-on workshop titled ‘Empowering Businesses with AI-Driven Productivity’ held on March 17, at the Auditorium of the National Chamber of Commerce. The programme brought together CEOs, Directors, Managers, Entrepreneurs, Government officials, and business professionals to equip them with modern technology.…

New Anthoney’s Farms, Sri Lanka’s pioneering producer of antibiotic-free, no-added hormones poultry, once again took its place at the Healthy Living Expo 2026, marking its third consecutive year at the country’s foremost wellness exhibition. The Expo ran from March 6-8, at the Bandaranaike Memorial International Conference Hall (BMICH), Colombo, welcoming free and open attendance from…

The Canadian Chamber of Commerce (CanCham) Sri Lanka has announced its opening, dedicated to fostering economic growth, supporting local businesses and providing advocacy for the business community. The opening ceremony was held at the new premises Horton Place, Colombo 07 recently. The mission of the chamber is to empower local businesses, drive sustainable economic development…

Sri Lanka’s maritime sector marked a historic milestone as Colombo West International Terminal (Private) Limited (CWIT) announced that it had successfully handled one million twenty-foot equivalent units (TEUs) within its first year of operations. The achievement represents the fastest time any terminal at the Port of Colombo has reached the one-million-container mark during its inaugural…