Category: Business and Economy

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…

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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…

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Peopleโ€™s Bank celebrates World Childrenโ€™s Day and World Elderโ€™s Day with special benefits

Peopleโ€™s Bank, one of the countryโ€™s leading banks, marked World Childrenโ€™s Day and World Elderโ€™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: โ€œChildren represent the future of…

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CSE & Global Green Growth Institute Invite Applications for Technical Assistance on GSS+ Bond Listings

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…

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Classic Travel Crowned Sri Lankaโ€™s Leading Travel Company as Classic Travel and Classic Destinations Win Double Honours at the World Travel Awards 2026

Classic Travel, a longstanding leader in Sri Lankaโ€™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 industryโ€™s most prestigious accolades at the World Travel Awards 2026. With more than three decades of experience serving the evolving travel needs of…

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Groundworth Group Launches โ€˜Urban Oneโ€™ โ€“ Premium Land Development in Pittugala, Malabe

Groundworth Group has launched โ€œUrban One by Groundworthโ€, a premium land development in Pittugala, Malabe, strategically located within the areaโ€™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…

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EDB and SLAMERP Partner to Boost Energy Efficiency and Profitability in Rubber Manufacturing

Workshop focuses on energy management, cost reduction and sustainable production The Sri Lanka Export Development Board (EDB), in collaboration with the Sri Lanka Association of Manufacturers and Exporters of Rubber Products (SLAMERP), conducted a full-day workshop titled “Business Profit Improvement through Sustainable Energy Efficiency Management for the Rubber Products Manufacturing Industry” at the EDB premises.…

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