Category: Business and Economy

Aventude has secured a major win at the Singapore Business Review Technology Excellence Awards 2026, taking home the award for Information Management – Computer Software in recognition of its outstanding engineering contribution to Norway’s public sector digitalisation through the low code platform, Compose. This recognition places Aventude among a distinguished group of companies driving digital transformation…

As IMF was looking to lift up the global growth forecast in 2026 the war in the Middle East halted this momentum. The closing of the Strait of Hormuz and serious damage to critical energy facilities in the Middle East raise the prospect of a major energy crisis should a durable solution not be found…

People’s Bank, which introduced the tradition of doing business with the bank, is bringing new meaning to the Sinhala and Tamil Avurudu ‘Ganu Denu’ customs, to offer gifts to all those who take part in traditional Avurudu ‘Ganu Denu’. Deputy General Manager (Retail Banking & Overseas Customer Services) Aruni Liyanagunawardana stated; People’s Bank, known for…

The Road Development Authority (RDA) sources revealed that more than Rs. 441 million in revenue was generated from expressway usage during the New Year travel period from April 10 to April 18. RDA Director General Anuradha Hettiarachchi stated that a total of 1,170,830 vehicles used the expressway network during this period. Revenue was generated from…

DFCC Bank PLC conducted its first ‘Wyapara Hamuwa’ programme for 2026 in Kuliyapitiya, bringing together suppliers connected to PROJAR Lanka (Pvt) Ltd, a Spain-based coconut chips exporting company operating in the region. The programme engaged 40 coconut chips suppliers, creating a focused platform to strengthen financial understanding and business practices among small and medium-scale participants…

Classic Travel has been recognised at the Best Management Practices Awards 2026, organised by the Chartered Institute of Personnel Management Sri Lanka, securing the Winner Award in the Hospitality & Tourism Services category and a Merit Award in Quality & Productivity. The Best Management Practices Awards recognise organisations that demonstrate excellence in strategic leadership and…

Signed between the Asia Pacific Institute of Information Technology (APIIT) and XpressJobs, this partnership marks a strategic step towards integrating career access directly into the student journey. APIIT is a leading higher education institution in Sri Lanka, recognized for its globally benchmarked academic programmes and commitment to producing industry-ready graduates. XpressJobs is one of Sri Lanka’s most well-known…

Roar Global reinforced its commitment to expanding access to practical digital growth knowledge through its recent partnership with two women-centred initiatives in Sri Lanka – namely, SLASSCOM Women in Tech 4.0 and Spa Ceylon Ayurveda Wellness’s Her Business Matters events. Through these partnerships, Roar Global contributed platform-specific knowledge designed to help women entrepreneurs, professionals, and business…

The Gratiaen Trust, in partnership with John Keells Foundation, and supported by the British Council, proudly announces the longlist for the 33rd annual Gratiaen Prize, Sri Lanka’s most prestigious literary accolade for creative writing in English. This announcement marks the first milestone in this year’s prize cycle, continuing a legacy of recognising and nurturing outstanding literary talent across the country. The 2026…

Union Bank continues to transform digital banking for businesses with the introduction of a simplified virtual deposit card to support bulk deposits through Cash Deposit Machines (CDMs). The new facility is designed to support any business entity from corporates to SMEs and proprietors who regularly carry out high volume cash deposits during anytime of the…