Category: Business and Economy

Hayleys Solar, Sri Lanka’s No. 1 renewable energy solutions provider, marked a major milestone in its renewable energy journey with the opening of its 3MW Veyangoda Ground-Mounted Solar Project, with Hon. Anura Karunathilake, Minister of Energy, gracing the occasion. The project marks the first of Hayleys Solar’s planned 300MW portfolio of ground-mounted solar power projects…

Sampath Bank PLC has been recognised as Sri Lanka’s Best Bank for Corporate Responsibility at the Euromoney Awards for Excellence 2026, reaffirming its position as the leader in responsible banking and creating a sustainable impact on the community and environment. The award was presented at the Asia-Pacific regional awards ceremony held in Singapore recently. Euromoney…

Seylan Bank PLC., marked another milestone in its flagship Environmental, Social and Governance (ESG) initiative by opening its 295th  ‘Pahasara’ Library at Giri/Gemunu Central College, Ingaradaula, Pannala. The ceremony was held on July 3rd, under the patronage of Zonal Assistant Director of Education – North Western II, Prasad Kinigama, the Principal of the School, K.M. Wijerathne,…

SDB bank recently marked its 29th Anniversary, celebrating nearly three decades of empowering people and contributing to inclusive economic and community development across Sri Lanka. Celebrated under the theme ‘29 Years of Empowering Thousands of Hands for One Sustainable Future’, the milestone recognised the individual customers, entrepreneurs, SMEs, cooperatives, employees and communities who have contributed…

DFCC Bank, through its women-focused banking proposition DFCC Aloka, supported Avenza, an exclusive professional educational summit designed to inspire students awaiting state university admission and help them prepare for the next stage of their academic and professional journeys. The summit, organised by renowned ICT educator Bhanuka Ekanayake, brought together 350 students for a programme focused…

AlchemX Global launched its latest publication, “Insights from the First Wave – Sri Lanka’s emerging SLFRS S1 & S2 Reporting Landscape”, at an event held on recently at Hilton Residencies, Colombo, bringing together representatives from across Sri Lanka’s corporate and reporting ecosystem. The event was attended by senior representatives and leadership from key institutional and…

The Colombo Stock Exchange (CSE) closed lower on the day, with both benchmark indices posting modest losses amid subdued investor activity. The All-Share Price Index (ASPI) declined 0.32% to close at 21,313.92, while the S&P SL20 Index fell 0.14% to 5,994.33. Year-to-date, the ASPI remains 5.79% lower, while the S&P SL20 has declined 2.65%. Market…

DFCC Bank PLC’s Rs. 12.5 billion debenture issue has been oversubscribed, with applications received for more than the 125 million debentures offered. The issue comprised up to 125 million Basel III-compliant, Tier 2, listed, rated, unsecured, subordinated and redeemable five-year debentures, each with a par value of Rs. 100. The bank said the issue was…

HNB Life marked the public launch of In.She, its newly launched rewards app created to empower women through meaningful connections, rewards and lifestyle benefits. The launch brought In.She to life through an engaging showcase of the platform, with HNB Life’s Executive Director/CEO Lasitha Wimalarathne, Executive Vice President/Chief Business Officer Sanesh Fernando, and Executive Vice President/Chief…

HNB PLC received the Best Bank for Large Corporates in Sri Lanka 2026 award at the Euromoney Awards for Excellence, marking the second consecutive year that the Bank has secured the prestigious international recognition. The award was accepted on behalf of HNB by Senior Vice President/Head of Corporate Banking Manojith Weerasuriya, reflecting the Bank’s continued…