Category: Business and Economy

Seylan Bank PLC recently joined the Partnership for Carbon Accounting Financials (PCAF), officially strengthening its commitment to sustainability and transparent climate reporting. With this step, Seylan Bank became one of the leading financial institutions in Sri Lanka to align with an internationally recognized framework for measuring and disclosing financed greenhouse gas (GHG) emissions. PCAF is…

Casons Taxi has officially rebranded as The Taxi Company, effective 10 January 2026, marking a new phase in the company’s evolution with a refreshed brand identity, new logo, and an enhanced digital presence. Under the rebrand, the company confirmed that rates, billing processes, and service delivery will remain unchanged throughout the transition. “This is purely…

Two New Division Directors Added to Support the Region Sarvesh Suri is named IFC’s Regional Vice President for Asia and the Pacific, bringing 25 years of global investment and development expertise as well as a proven track record of fostering public-private collaborations. In making the announcement, IFC confirmed that Suri will strategically lead all investment…

Sri Lanka Purchasing Managers’ Index for Manufacturing (PMI – Manufacturing) recorded an index value of 60.9 in December 2025, indicating a continued expansion in manufacturing activities. All sub-indices contributed positively to this increase, mainly supported by seasonal demand, despite adverse weather-related disruptions experienced at the beginning of the month. Sri Lanka Purchasing Managers’ Index for…

Reuters – U.S. stock futures slid on Monday after President Donald Trump threatened to slap extra tariffs on eight European nations until ​the U.S. is allowed to buy Greenland, pushing the dollar down on the safe-haven yen and Swiss franc. Gold and silver both jumped ‌to all-time highs, while oil slipped on concerns about what an all-out trade war…

Sophisticated inspection instruments now enable the early detection of loose electrical connections, identify heat loss from buildings, and locate individuals obscured by smoke during emergencies. These capabilities are made possible through thermal imaging cameras, which have become essential in modern safety and inspection practices. Unlike conventional cameras, thermal imaging cameras detect infrared radiation emitted by…

Amana Bank has further expanded its people-friendly and development-focused banking footprint with the opening of its 41st Self Banking Centre (SBC) in Thambala, located in the Polonnaruwa District, marking its presence as the first private bank in Thambala and serving the surrounding agricultural and trading community. Responding to the long-standing need for a convenient and…

Shing Kwan Group (SKG), the majority shareholder of Overseas Realty (Ceylon) PLC donated USD 100,000 to the Rebuild Sri Lanka Fund, extending its support to the national recovery efforts following the widespread devastation caused by Cyclone Ditwah. The Shing Kwan Group (SKG), a leading property holding and investment company based in Singapore, together with its…

Sri Lanka has taken a historic step forward with the launch of its first Smart Bus Ticketing System, enabling passengers to pay fares using contactless cards, digital wallets, and QR payments. This advancement places the country among global leaders in smart mobility. The initiative was made possible through collaboration with the Government of Sri Lanka,…

Hambantota International Port (HIP) closed 2025 with a landmark performance, recording a 175% year-on-year increase in total cargo volumes despite what has been widely recognised as one of the most challenging years for the global port industry. HIP handled 8.24 million metric tonnes of cargo in 2025, up from 3.0 million metric tonnes in 2024,…