Category: Business and Economy

The National Productivity Secretariat recognized the 50 top-performing Divisional Secretariats in 2025 as per the Divisional Productivity Index 1.0, and launched the Divisional Productivity Index 1.0 (2025) on Tuesday (16). The Divisional Productivity Index 1.0 was implemented through the digital application “Citizen Mirror” on a voluntary basis, achieving an 84% participation rate island-wide. Based on…

ADB remains committed to supporting Sri Lanka’s broader trade, investment, and industry reform agenda through policy-based lending, technical assistance, analytical work, policy dialogue, and capacity building, Shannon Cowlin , Country Director, Asian Development Bank said addressing the National Export Development Plan (NEDP)  launch in Colombo on Tuesday.(16) Cowlin also assured support for Sri Lanka’s broader…

Sri Lanka’s capital market regulator unveiled an ambitious reform agenda in 2025, as the country’s economic recovery gained momentum and investor confidence strengthened, according to Securities and Exchange Commission (SEC) Chairman Senior Prof. Hareendra Dissabandara. In his review of the SEC’s 2025 Annual Report, Dissabandara said Sri Lanka’s economy expanded by 5% during the year, supported…

The winners of the grand prize of the 19th edition of Ceylinco Life’s flagship ‘Family Savari’ mega promotion have returned from an immersive and memorable tour of Beijing, experiencing some of China’s most iconic landmarks and cultural highlights. The all-expenses-paid tour brought together five winning families, a total of 20 participants, for a curated journey…

HNB PLC, has signed a Memorandum of Understanding (MoU) with the Institution of Engineers Sri Lanka (IESL) on May 20, at HNB Towers, establishing a formal partnership to extend a suite of exclusive financial benefits to IESL’s membership base of over 25,000 engineering professionals across the country. Under the arrangement, IESL members will have access…

The first quarter 2026 has reported a growth rate of 5.1% and the county is on a trajectory of 7% growth with inclusive and sustainable objectives, Dr. Anil Jayantha Fernando, Minister of Labour and Deputy Minister of Finance & Planning said delivering the keynote address at the National Export Development Plan 2026 – 2030 launch …

India and Sri Lanka are exploring greater use of local currencies in bilateral trade as part of efforts to deepen economic integration, reduce transaction costs and enhance the resilience of cross-border commerce. The initiative was discussed at a high-level roundtable titled “Rupee to Rupee: Strengthening India-Sri Lanka Commercial Corridor”, hosted by the High Commission of…

The spirit of achievement, innovation, and collaboration took centre stage as Rocell hosted Imperium 2026 – the Sales Kick-off and Awards, on 6th June at the Lumina Ballroom, Cinnamon Life. Bringing together sales teams from across the island, the event provided an opportunity to celebrate milestones, share knowledge, and look ahead to the future. Reflecting…

In a significant step toward establishing a regulatory framework for virtual assets in Sri Lanka, the Ministry of Digital Economy and the Securities and Exchange Commission of Sri Lanka (SEC) jointly conducted a special awareness session on digital assets on Sunday under the theme ‘Let’s Join Together for a Safer Digital Future’. Held under the…

Seylan Bank recently opened its relocated Boralesgamuwa branch at Colombo Road, Boralesgamuwa. The opening ceremony was graced by Ranil Dissanayake, the Bank’s Chief Operating Officer, the Boralesgamuwa team and members of the community. First opened as the 34th branch of the network in 1993, the Boralesgamuwa chapter of Seylan Bank has played a pivotal role…