Category: Business and Economy

Lead Agencies Convene to Accelerate Implementation of National Export Development Plan 2026โ€“2030

The Sri Lanka Export Development Board (EDB), in collaboration with the Ministry of Industry and Entrepreneurship Development, convened a coordination meeting with the Lead Implementing Agencies of the National Export Development Plan (NEDP) 2026โ€“2030 Tuesday, 29th September 2026, at the Auditorium of the Ministry of Industry and Entrepreneurship Development. The meeting brought together representatives of…

By Off

Union Bank Sri Lanka upgrades card platform with BPC

Union Bank modernised its credit card business by implementing BPC SmartVista, a unified payment platform designed to provide greater control over product development, integrations, data management and customer experience in Sri Lanka. The deployment enabled Union Bank to gain operational control and improve its ability to deliver secure and enhanced credit card services. The new…

By Off

SL targets 4 m tourists, $ 8 b revenue in 2030

Sri Lanka aims to attract four million tourists annually and generate $ 8 billion in tourism revenue by 2030, Prime Minister Dr Harini Amarasuriya said, speaking at the 2026 World Tourism Day celebrations held on Sunday (27) at the Western Province Council Auditorium under the theme Digital Agenda and Artificial Intelligence to Redesign Tourism. Prime…

By Off

CBSL maintains overnight policy rate at 8.75%

The Central Bank of Sri Lanka (CBSL) has decided to maintain the Overnight Policy Rate at 8.75%, citing evolving domestic and global economic conditions. The Monetary Policy Board noted that domestic economic activity remained resilient, with the economy recording 4.7% year-on-year growth in the first half of 2026. Headline inflation rose to 8% in August…

By Off

Baby Cheramy Partners with Sri Lanka College of Paediatricians at the 19th Asia Pacific Congress of Paediatrics: Redefining Paediatric Care โ€“ Blending Equity, Excellence and Technology

Baby Cheramy, Sri Lankaโ€™s most loved and trusted baby care brand, partnered with the Sri Lanka College of Paediatricians (SLCP) at the 19th Asia Pacific Congress of Paediatrics (APCP), reaffirming its position as a trusted leader in Sri Lankaโ€™s baby personal care category. At the congress, the brand showcased its newly relaunched multi-benefit baby care…

By Off