Category: Business and Economy

JB Financial has launched the JB Vantage Credit Opportunity Fund (COF), a flexible investment solution designed for investors seeking stronger returns without sacrificing liquidity. The fund enters the market at a time when many Sri Lankans are rethinking how they manage idle cash. With savings rates declining and inflation continuing to pressure purchasing power, investors…

RDB Bank relocated its Western Province Divulapitiya Branch on June 15, as part of its branch network modernisation programme. The new premises were inaugurated by Chairman Lasantha Fernando at the invitation of RDB Bank’s General Manager Asanga Tennakoon. RDB Divulapitiya Branch, with the aim of improving customer service and operational efficiency, is equipped with a…

Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, has once again been recognised as Sri Lanka’s Most Loved Brand in the Service and Telecommunications sectors, while also ranking among the top Corporate Brands in the LMD Brands Annual. Marking its third consecutive year at the top of both categories, the recognition reflects the company’s commitment…

More foreign investment and industry growth is envisaged with Sri Lanka life insurance industry poised to adopt the global accounting standard for  insurance contracts, IFRS 17, panelist opined at the CT Smith Securities investor forum titled ‘Navigating Growth and Value in Life Insurance,’ held recently in Colombo. Today’s IFRS 4 focuses on a company’s stock…

The Classic Car Club of Ceylon (CCCC) successfully concluded its 34th year at its Annual General Meeting, held on 25 June 2026 at The Kingsbury Hotel, Colombo. The meeting marked the culmination of another outstanding year for the Club, highlighted by a series of successful events and initiatives celebrating Sri Lanka’s vibrant classic motoring community. These…

John Keells CG Auto (JKCG Auto), the authorised distributor of BYD and DENZA, recently welcomed BYD Vice President, Liu Xueliang to Sri Lanka as part of an official visit reviewing the remarkable growth of both brands across sales and aftersales. The visit reflects the company’s long-term confidence in Sri Lanka’s transition towards New Energy Mobility…

Pan Asia Bank launched its new ‘Remit Max’ product suite at a ceremony held on July 3, at Epitom Hotel, Kurunegala, reflecting its commitment to strengthening Sri Lanka’s formal inward remittance ecosystem while delivering innovative financial solutions tailored specifically for migrant workers and their families. The launch was attended by the Chairman of Pan Asia…

Sri Lanka’s export sector has once again demonstrated remarkable resilience despite global economic uncertainties, geopolitical tensions, supply chain disruptions and evolving market requirements.Sri Lanka’s total export earnings exceeded Rs.US$ 17 billion in 2025, reflecting continued growth in both merchandising and service exports, National Chamber of Exporters (NCE) President Indhra Kaushal Rajapaksa told the NCE Export…

Reaffirming its unmatched leadership and excellence in Sri Lanka’s banking sector, the Commercial Bank of Ceylon has been named Best Bank in Sri Lanka for the 15th consecutive year at the FinanceAsia Awards 2026, while also winning six other accolades across key areas of banking, the most by Sri Lankan bank. In addition to being…

The Market Research Society of Sri Lanka (MRSSL) elected its Executive Committee for the 2026 term at its 13th Annual General Meeting, with Suthaharan Perampalam being re-elected as President for a second consecutive term. In his acceptance speech, Suthaharan expressed his gratitude to the membership and Executive Committee for their continued support, acknowledging their collective…