Category: Business and Economy

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…

Technomedics International (Pvt) Ltd has achieved a significant milestone in its workplace journey, earning recognition for the first time among the 100 Best Workplaces in Asia™ in the Small & Medium category, while also securing a place among the 50 Best Workplaces in Sri Lanka in the 2026 Great Place To Work® Best Workplaces rankings.…

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…

Amana Bank secured three major accolades at the Islamic Finance News (IFN) Awards, including the coveted Best Bank in Sri Lanka award for the fifth consecutive year. Complementing this achievement, the Bank was also recognised as Best Retail Bank in Sri Lanka and most Innovative Bank in Sri Lanka, further underscoring the breadth of its…

Baby Cheramy, Sri Lanka’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 Lanka’s baby personal care category. At the congress, the brand showcased its newly relaunched multi-benefit baby care…

People’s Bank, one of the country’s leading banks, marked World Children’s Day and World Elder’s Day, celebrated annually on October 1, by reaffirming its commitment to supporting the children of the nation while offering a range of special benefits to senior citizens. Deputy General Manager Retail Banking A.U.A. Anzar said: “Children represent the future of…

The Colombo Stock Exchange (CSE) and the Global Green Growth Institute (GGGI) have announced that prospective issuers of Green, Social, Sustainable and Sustainability Linked (GSS+) bonds can now apply to receive technical assistance from GGGI. The call for applications has been published on the CSE website and will remain open until 26th October 2026. Through…

Classic Travel, a longstanding leader in Sri Lanka’s corporate travel sector and the outbound travel arm of the Expolanka Leisure Cluster, has further strengthened its industry standing by securing one of the industry’s most prestigious accolades at the World Travel Awards 2026. With more than three decades of experience serving the evolving travel needs of…

For a business that depends on moving goods, stock or equipment every day, a vehicle is more than a means of transportation. It is an essential part of the operation. Recognising this need, Toyota Lanka has introduced the Toyota LiteAce Truck and Toyota LiteAce Panel Van to the Sri Lankan market as reliable goods transportation…

Groundworth Group has launched “Urban One by Groundworth”, a premium land development in Pittugala, Malabe, strategically located within the area’s thriving IT and education hub. Offering only 17 residential plots, Urban One provides access to two Outer Circular Expressway interchanges, educational institutions, healthcare, retail and everyday conveniences, positioning it as an opportunity for both residential…