Category: Business and Economy

SEC intensifies efforts to encourage more private companies

Sri Lankaโ€™s capital market regulator unveiled an ambitious reform agenda in 2025, as the countryโ€™s economic recovery gained momentum and investor confidence strengthened, according to Securities and Exchange Commission (SEC) Chairman Senior Prof. Hareendra Dissabandara. In his review of the SECโ€™s 2025 Annual Report, Dissabandara said Sri Lankaโ€™s economy expanded by 5% during the year, supported…

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Ceylinco Lifeโ€™s โ€˜Family Savari 19โ€™ winners complete China tour

The winners of the grand prize of the 19th edition of Ceylinco Lifeโ€™s flagship โ€˜Family Savariโ€™ mega promotion have returned from an immersive and memorable tour of Beijing, experiencing some of Chinaโ€™s most iconic landmarks and cultural highlights. The all-expenses-paid tour brought together five winning families, a total of 20 participants, for a curated journey…

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India, Sri Lanka push for โ€˜Rupee-to-Rupeeโ€™ trade settlement to strengthen economic ties

India and Sri Lanka are exploring greater use of local currencies in bilateral trade as part of efforts to deepen economic integration, reduce transaction costs and enhance the resilience of cross-border commerce. The initiative was discussed at a high-level roundtable titled โ€œRupee to Rupee: Strengthening India-Sri Lanka Commercial Corridorโ€, hosted by the High Commission of…

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Seylan Bank relocates Boralesgamuwa branch

Seylan Bank recently opened its relocated Boralesgamuwa branch at Colombo Road, Boralesgamuwa. The opening ceremony was graced by Ranil Dissanayake, the Bankโ€™s Chief Operating Officer, the Boralesgamuwa team and members of the community. First opened as the 34th branch of the network in 1993, the Boralesgamuwa chapter of Seylan Bank has played a pivotal role…

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National Export Development Plan launch today

Sri Lanka will today officially launch its National Export Development Plan (NEDP) 2026โ€“2030, a comprehensive strategy aimed at transforming the countryโ€™s export sector and achieving an ambitious export earnings target of US$ 30 billion by 2030. The plan, formulated by the Sri Lanka Export Development Board (EDB) under the guidance of the Ministry of Industry…

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