Category: Business and Economy

Sri Lanka became the first country in South Asia to unveil a solar hybrid bakery oven, designed with both solar and biogas energy sources to ensure uninterrupted operation despite unpredictable weather conditions. The event, was held on May 22, at Cinnamon Lakeside Colombo and was hosted by Incitare Sri Lanka and the Global Rethinking Finance…

As Port City Colombo’s Food Harbour continues to evolve into a vibrant dining and entertainment hub, authentic Italian cuisine has found a new home on its bustling waterfront promenade with the opening of ‘Via 9’, a family-run restaurant bringing traditional Italian flavours to Colombo. Specialising in wood fire-baked pizzas, creamy pastas, rich risottos and classic…

Lanka Microfinance Network (LMFN), Sri Lanka’s dedicated national platform for the microfinance sector, formally inaugurated its governance structure on  May15, 2026 at a landmark Meeting attended by over 100 participants representing the Microfinance Sector, practitioners and stakeholders from across the island. The event marked a defining milestone for the sector, with the Network electing its…

Bringing travellers a comprehensive bag shopping experience in Sri Lanka, Bag Plus opens its flagship store in the vicinity of Maharagama, Sri Lanka. Bag Plus offers Sri Lankan shoppers an exclusive collection of premium bags in Sri Lanka, including backpacks, cross-body bags, luggage, and even bag accessories that enhance the experience. With this being their…

Classic Travel, the travel and tourism arm of Expolanka Holdings, has strengthened its commitment to youth development and local sports by partnering with the IImpact Basketball League 2026 as the Official Travel Partner and Team Owner for the period January 2026 to January 2027. This partnership reflects Classic Travel’s ongoing efforts to support initiatives that contribute to the growth of young…

The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) at its meeting held on Monday (25), decided to increase the Overnight Policy Rate (OPR) by 100 bps to 8.75%. The Board arrived at this decision after carefully considering the evolving conditions and outlook on the domestic and global fronts. The uncertainties arising…

Sri Lanka’s banking sector has provided a collective and categorical assurance that it remains stable, resilient, and secure despite a few recent isolated incidents of financial fraud, emphasising that these developments do not pose a threat to the safety of customer deposits or the overall integrity of the financial system. While acknowledging that such incidents…

Driven by a strong commitment to digital innovation, enhanced accessibility, and an improved customer experience, the Commercial Bank of Ceylon has further enhanced its Self-Onboarding Platform,enabling new-to-bank customers to open accounts through a more seamless, secure and fully paperless digital experience, eliminating the need to visit a branch. Theupgraded platformnow offers a fully digital solution…

RankPandas strengthens its position as a conversion-focused SEO agency in Sri Lanka, delivering time-tested tactics and strategies for some of the most competitive industries in the local market. In the year 2026, as digital competition intensifies across Sri Lanka’s online economy, businesses are increasingly re-evaluating how SEO contributes to long-term revenue growth. Rising advertising costs,…