Category: Business and Economy

The Sri Lanka Logistics & Freight Forwarders’ Association (SLFFA) held its 45th Annual General Meeting (AGM) at the Cinnamon Grand Hotel in Colombo, electing new office bearers for the 2026/2027 term. The event was graced by Hon. Anura Karunathilaka, Minister of Ports and Civil Aviation, as Chief Guest, alongside Mr. W.W.S. Mangala, Secretary to the…

Union Bank modernised its credit card business by implementing BPC SmartVista, a unified payment platform designed to provide greater control over product development, integrations, data management and customer experience in Sri Lanka. The deployment enabled Union Bank to gain operational control and improve its ability to deliver secure and enhanced credit card services. The new…

DFCC Bank has signed a Master Trade Loan Agreement with the Export-Import Bank of India under its Trade Assistance Programme, expanding the Bank’s capacity to support trade between Sri Lanka and India. The agreement was signed on 22 September 2026 by Thimal Perera, Director/Chief Executive Officer of DFCC Bank; Prins Perera, Senior Vice President –…

HNB PLC, Sri Lanka’s leading private sector bank, has launched Supiri Weera Jumbo, the first cartoon series produced by a Sri Lankan bank, to mark the 35th anniversary of HNB Singithi, the country’s first branded children’s savings account. The series premiered at Scope Cinemas, Havelock City Mall, Colombo 05 on September 29, 2026, and will…

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…