Category: Business and Economy

INSEE Sanstha Cement has once again been crowned the People’s Housing & Construction Brand of the Year at the SLIM Kantar People’s Awards 2026, achieving an unprecedented milestone of 15 consecutive wins. The outstanding achievement reflects the brand’s enduring leadership in Sri Lanka’s housing and construction sector, reinforced by the trust of generations of builders,…

HNB PLC, has rolled out its Avurudu cardholder offering for March and April 2026, combining seasonal savings and flexible payment options with a broader emphasis on the everyday value, convenience and flexibility HNB Cards bring to people. Through this year’s seasonal offers across shopping, travel, lifestyle, and day-to-day spending, the Bank is also bringing into sharper focus…

Ceylon Cold Stores PLC (CCS) has once again affirmed its standing as a powerhouse in Sri Lanka’s export landscape, securing the Gold Award in the Large Category of the Confectionery Products Sector at the NCE Export Awards 2025. The accolade, presented at the awards ceremony held on February 13, recognises the company’s outstanding export performance…

DFCC Bank is positioning its Winner Savings Account against tension. The account offers a higher return without requiring customers to lock themselves into rigid conditions. There is no requirement to make fresh deposits each month, no minimum transaction thresholds to maintain and no restrictions on withdrawals simply to qualify for better interest. Customers are able…

In accordance with the Financial Intelligence Unit (FIU), the country’s preliminary measures to prevent money laundering and terrorist financing, which are expected to be adopted at the annual general meeting of the Asia-Pacific Anti-Money Laundering Group (APG) to be held in July next year, have been implemented according to the scheduled dates and planed. Commenting…

The Central Bank of Sri Lanka (CBSL) Governor Dr. Nandalal Weerasinghe stated that there is no need to restrict vehicle imports at this juncture as the country’s gross official foreign exchange reserves has increased to US$ 7.3 billion by end last month. He made these remarks in response to a question raised by the media,…

KOKO, Sri Lanka’s premier BNPL platform and fintech innovator, won the Overall Gold Award for Excellence in Digital Payments together with three category Gold Awards at the Grand Finale of the LankaPay Technnovation Awards 2026, marking a standout result in the company’s first year of participation. The event was attended by key leaders from Sri…

SLIC donated Rs. 10 million to the ‘Rebuild Sri Lanka’ Fund in support of families affected by the recent ‘Ditwah’ cyclone. The contribution was formally handed over to the Secretary to the Treasury, Dr. Harshana Suriyapperuma, at the Ministry of Finance, Planning and Economic Development on March 16. This donation will contribute towards national relief…

The Central Bank of Sri Lanka (CBSL) has decided to maintain the Overnight Policy Rate (OPR) at 7.75%, citing the need to balance stable inflation with emerging global risks, particularly those stemming from escalating geopolitical tensions in the Middle East. Governor of the CBSL Dr. Nandalal Weerasinghe said that the Monetary Policy Board of the…

NPCI International Payments Limited (NIPL), the global arm of the National Payments Corporation of India (NPCI), has stepped up efforts to expand Unified Payments Interface (UPI) merchant acceptance in Sri Lanka, aiming to deliver seamless digital payment experiences for Indian tourists while supporting the island’s growing digital economy. UPI, India’s real-time payment system, processes over…