Category: Business and Economy

Sri Lanka is better prepared to deal with the economic shocks that may arise from the increase in oil prices in the global market today, compared to the severe financial crisis of 2022, says Central Bank Governor Dr. Nandalal Weerasinghe. “As long as there is oil in the global market, Sri Lanka has the resources…

The government has decided to celebrate the “National Tax Day” on April 2 with great pride from this year onwards. Accordingly, it will be held on April 2nd, coinciding with the 94th anniversary of the Department of Inland Revenue, giving priority to all religious observances. The aim of the programme is to further develop it…

Marking International Women’s Day 2026 under the global theme ‘Give to Gain’, the Bank of Ceylon, one of the leading government bank in Sri Lanka with over 2,300 customer service touch points islandwide, reaffirms its commitment to empowering women through inclusive and accessible financial solutions. Aligned with the United Nations Sustainable Development Goal 5 on…

The Colombo Stock Exchange (CSE) and NSE IFSC LIMITED (NSEIX), an international multi-asset exchange and wholly owned subsidiary of the National Stock Exchange of India Limited, signed a Memorandum of Understanding (MoU) recently to strengthen capital market cooperation between Sri Lanka and India Bringing together the senior leadership of both exchanges to formalise a strategic…

Ceylon Agro Industries, Prima Group Sri Lanka, has been honoured with the Bronze Award in the Confectionery Products – Large Sector category at the prestigious National Export Awards 2025, organised by the National Chamber of Exporters of Sri Lanka (NCE). The company’s achievement in the highly competitive Large Sector category marks a significant milestone for…

The World Trade Centre (WTC) Colombo has been honoured with the Gold Award for the Most Energy Efficient Building in Sri Lanka at the Sri Lanka National Energy Efficiency Awards 2025, organised by the Sri Lanka Sustainable Energy Authority under the guidance of the Ministry of Power and Energy. The recognition highlights WTC Colombo’s continued…

In recognition of International Women’s Day on March 8, People’s Bank has announced an expansive suite of exclusive benefits and financial empowerment programmes under its flagship ‘Vanitha Vasana’ brand. This year’s initiative is designed to pay tribute to the multifaceted roles played by Sri Lankan women—as leaders, caregivers, and economic drivers—while providing the practical tools…

SDB bank relocated its Warakapola Branch to a new location with a modern, fresh look and ample parking, further strengthening its commitment to delivering an enhanced, customer-centric banking experience. The newly refurbished branch, located at Colombo Road, Warakapola, opened to customers on March 3. The relocation reflects SDB bank’s ongoing efforts to adapt its branch…

Commercial Bank of Ceylon has expanded its footprint to Kaluwanchikudy, with the opening of its latest branch in this scenic coastal town southeast of Batticaloa in the Eastern Province. Commercial Bank , Chief Operating Officer S. Prabagar officiated as the Chief Guest at the opening of this branch, at a ceremony also attended by Hasrath…

DIMO Academy, the vocational education arm of DIMO, has launched its latest German Diploma in Warehouse Operations, Logistics and Transportation (WOLT), offering 100% guaranteed job opportunities in Germany for students who successfully complete the programme. The launch marks a significant milestone in industry-aligned vocational education. Securing direct employment pathways for WOLT graduates, DIMO Academy has…