Category: Business and Economy

Prime Minister Dr. Harini Amarasuriya yesterday called on the private sector to take calculated risks, invest in workforce development and help create meaningful employment opportunities at home, warning that the country’s transformation cannot be left to the Government alone. Addressing the Sri Lanka Economic and Investment Summit 2026 organised by the Ceylon Chamber of Commerce,…

Sri Lanka’s financial system remained stable during the first half of 2026, supported by economic recovery, improved fiscal performance and adequate capital and liquidity buffers, although rising household borrowing and external uncertainties pose emerging risks, the Central Bank of Sri Lanka (CBSL) said. In its Financial Stability Review 2026, released yesterday, the Central Bank highlighted…

Reinforcing its commitment to digital education and future-ready skills, the Commercial Bank of Ceylon has reached a significant milestone in its contribution to Sri Lanka’s education sector with the opening of its 200th STEM (Science, Technology, Engineering and Mathematics) classroom at Agamethi Balika Maha Vidyalaya in Panadura. This facility extends a long running programme that…

Seylan Bank PLC, has surpassed LKR 1 trillion in total assets, marking a significant milestone in the Bank’s growth journey and strengthening its position among Sri Lanka’s leading private sector banks. The Bank reached the milestone in September 2026, becoming the fourth private sector bank in Sri Lanka to achieve this landmark. Surpassing LKR 1…

In response to emerging climate risks, the Commercial Bank of Ceylon has launched a proactive initiative through its Development Credit Department, to equip Sri Lanka’s agricultural sector against the potential impacts of the 2026 El Niño climate pattern. Seeking to move the industry from reactive loss management to early climate preparedness, the Bank partnered with…

Pan Asia Bank partnered with the National Chamber of Commerce of Sri Lanka (NCCSL) to strengthen entrepreneurial capabilities. In line with the bank’s sustainable development goals and its memorandum of understanding with the NCCSL, Pan Asia Bank organised SME development workshops in collaboration with the chamber, focusing on the entrepreneurs in the SME sector, export-oriented…

SDB bank has appointed Manoj Akmeemana as chief executive officer, placing the career banker in charge of the institution’s operations and strategic direction. The bank said Akmeemana brings more than three decades of experience in Sri Lanka’s financial sector, including work in retail banking, corporate banking, risk, recoveries and institutional management. Before joining SDB bank,…

Euro Motors is strengthening its island-wide automotive ecosystem with the formal appointment and recognition of its dealership and Authorised Service Provider (ASP) partners at a special ceremony recently held at “The Blue”, Hilton Colombo. Held under the theme “Beyond the Drive,” the event marks an important step in Euro Motors’ continued network development, bringing together…

The Sri Lanka Export Development Board (EDB), in collaboration with the High Commission of Sri Lanka in the Maldives and the Sri Lanka Maldives Business Council, organized Sri Lanka Pavilion at the Hotel Asia Exhibition & International Culinary Challenge 2026, held from 28th to 30th September 2026 in Hulhumalé, Maldives. The Sri Lanka Pavilion provided…

Sri Lanka’s High Commission in Nairobi held a briefing on Sri Lanka Expo 2027 on 25 September, bringing together approximately 180 participants to discuss trade and investment opportunities. The event took place at Britam Towers in partnership with Equity Bank Kenya. Participants represented government, business chambers, trade and investment agencies, financial institutions, logistics and technology…