Category: Business and Economy

Japan offers fresh opportunity to boost tourism revenue

Sri Lanka’s  tourism industry has received a fresh boost from the Japanese market with 200 Japanese tourists travelling to the island on a single direct flight, highlighting the considerable economic potential that could be generated by expanding arrivals from Japan. The group, organised by the Little Japan Group, departed from Narita International Airport for Sri Lanka today…

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Chandana Guniyangoda assumes duties as new Chairman of People’s Bank

Chandana Guniyangoda assumed duties as the new Chairman of People’s  Bank on August 25, at a ceremony held at the Bank’s Head Office. The occasion was attended by the former Chairman People’s Bank, Prof. Narada Fernando, members of the Board of Directors, People’s Bank Chief Executive Officer/General Manager and members of the Bank’s corporate management. Guniyangoda’s appointment…

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Aventude Commits US$1 Million to Skarpa.ai

A strategic investment to accelerate development of the platform ahead of its market launch. Aventude Pte Ltd, the award-winning AI-native software engineering firm, today announced a US$1 million commitment to Skarpa.ai, a platform positioned as a bet on the next decade of software, built on a single conviction: software is about to become a living thing.…

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SLID Concludes Landmark Corporate Director Summit, Advancing Future-Ready Board Leadership

The future competitiveness of Sri Lanka’s businesses will depend not only on sound management but on the strength, vision and effectiveness of the country’s boardrooms. That message resonated strongly as the Sri Lanka Corporate Director Summit 2026, organised by the Sri Lanka Institute of Directors (SLID), successfully concluded recently, bringing together 475 participants, including chairpersons,…

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Trade: CCC SLANZBC delegation visits Australia

The Ceylon Chamber of Commerce’s Sri Lanka-Australia-New Zealand Business Council (SLANZBC) delegation recently engaged Australian Parliamentarians, Government agencies, trade bodies and the business community in Canberra, Melbourne, and Sydney, for the purpose of opening opportunities in trade, investment and institutional cooperation. Undertaken in collaboration with the High Commission of Sri Lanka in Australia, the delegation…

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Growing interest from foreign visitors seeking to experience country’s rich marine biodiversity

Sri Lanka’s southern coastline is attracting growing interest from foreign visitors seeking to experience the country’s rich marine biodiversity and learn about efforts to protect endangered sea turtles. Turtle Conservation Centers established in the coastal belt around Ambalangoda, Kosgoda, Ahungalla and Akurala play an important role in raising awareness about turtle conservation while providing visitors…

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Seylan Bank appoints Krishan Thilakaratne as Deputy Chairman

Seylan Bank PLC has announced the appointment of Krishan Thilakaratne, Non‑Executive Director, as the Deputy Chairman of the Board with effect from August 17. Thilakaratne was appointed as a Non-Executive Director to the Board in 2018 and the progression to Deputy Chairman, reaffirms his long‑standing governance role and leadership capacity. He currently serves as Director/CEO of…

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National Savings Bank retains position among Sri Lanka’s ‘Top Five Most Valuable Brands’ by Brand Finance

National Savings Bank (NSB), Sri Lanka’s premier state-owned savings bank, has once again been recognised as one of the five most valuable brands in Sri Lanka, reaffirming its strong brand equity, enduring customer trust and growing national significance. The recognition has been assessed and confirmed by Brand Finance, the world’s leading brand valuation consultancy, through…

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