Category: Business and Economy

The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) at its meeting held on Monday (25), decided to increase the Overnight Policy Rate (OPR) by 100 bps to 8.75%. The Board arrived at this decision after carefully considering the evolving conditions and outlook on the domestic and global fronts. The uncertainties arising…

Sri Lanka’s banking sector has provided a collective and categorical assurance that it remains stable, resilient, and secure despite a few recent isolated incidents of financial fraud, emphasising that these developments do not pose a threat to the safety of customer deposits or the overall integrity of the financial system. While acknowledging that such incidents…

Driven by a strong commitment to digital innovation, enhanced accessibility, and an improved customer experience, the Commercial Bank of Ceylon has further enhanced its Self-Onboarding Platform,enabling new-to-bank customers to open accounts through a more seamless, secure and fully paperless digital experience, eliminating the need to visit a branch. Theupgraded platformnow offers a fully digital solution…

RankPandas strengthens its position as a conversion-focused SEO agency in Sri Lanka, delivering time-tested tactics and strategies for some of the most competitive industries in the local market. In the year 2026, as digital competition intensifies across Sri Lanka’s online economy, businesses are increasingly re-evaluating how SEO contributes to long-term revenue growth. Rising advertising costs,…

Prima Sunrise reaffirmed its commitment to nurturing the next generation of golfing talent by sponsoring the Sri Lanka Regional Junior Open Golf Championship 2026, organised by the Sri Lanka Golf and held over three days at the Nuwara Eliya Golf Club from 8–10 May. The championship brought together some of the country’s most promising junior…

The hotel secures four prestigious accolades, reaffirming its position as one of Sri Lanka’s leading hospitality destinations Hilton Colombo has been recognized on the global stage at the 2026 Haute Grandeur Global Excellence Awards, receiving four distinguished accolades that celebrate the hotel’s excellence in hospitality, culinary experiences, and guest service. The hotel was named Leading…

The National Chamber of Commerce of Sri Lanka (NCCSL) and the National Enterprise Development Authority (NEDA) jointly organized a session on Access to Finance: Concessionary loan schemes for MSMEs on May 20, 2026 at the National Chamber of Commerce Auditorium. The keynote address was delivered by Chathuranga Abeysinghe, Deputy Minister of Industry and Entrepreneurship Development,…

Tony Pellé, Sri Lanka’s exclusive men’s leather footwear brand, has delivered over 6,500 custom-designed leather products for staff at Cinnamon Life, marking a major milestone in the brand’s ongoing collaboration with one of the country’s most prestigious hospitality developments. The large-scale supply includes over 5,000 pairs of genuine leather shoes alongside leather belts and customized…

Boutique Agency Network Group (BAN Group), one of Sri Lanka’s most progressive and award winning integrated advertising companies, has upgraded its Boutique Marketing AI Ecosystem with the latest capabilities in Agentic AI, introducing a new level of speed, intelligence, and precision to creative and media deployment. Originally introduced in 2023, the Boutique Marketing AI Ecosystem…