Sri Lanka’s Pan Asia Banking Corporation lists 13.5-pct debentures
Sri Lankaโs Pan Asia Banking Corporation has listed its 12.75 and 13.50 percent debentures on the Colombo Stock Exchange (CSE), the company said in a market filing. The listed, rated, senior, unsecured, redeemable debt securities have been issued across 3-year and 5-year tenors, carrying an annual coupon option: The lenderโs public debenture issuance sought to…
Pan Asia Bank spearheads financial literacy sessions at FinLit Expo
Pan Asia Bank recently participated in the FinLit Expo 2026, reaffirming its commitment to promoting financial awareness and responsible banking. The FinLit Expo is a national initiative organised by the Central Bank of Sri Lanka (CBSL) to strengthen financial literacy and encourage informed financial decision-making among Sri Lankans. Held from October 8-9, at the Centre…
DIMO Care Camp 2026 Strengthens After-Sales Support for Sri Lankaโs Farming Community
DIMO Agribusinesses successfully concluded the DIMO Care Camp 2026, completing 38 activations across 38 locations islandwide from 8 August to 15 September 2026. Open to tractors of any brand or model, the initiative reinforced DIMO Agri Machineryโs commitment to providing reliable after-sales support while strengthening engagement with farming communities across Sri Lanka. The DIMO Care…
Home Lands Completes 100% Piling Work of Central Park Boulevard Port City Colombo Ahead of Time Deploying 9 Piling Machines
Construction of Central Park Boulevard Port City Colombo, Home Lands Groupโs ultra-luxury twin-tower development in the coveted Central Park District of Port City Colombo, is progressing well ahead of planned timelines, having already completed 100% of piling work in just 88 days since construction began, working day and night. Three leading contractors, Access Engineering PLC,…
CII delegation explore more industrial and investment cooperation between Sri Lanka and India
A high-level business delegation from the Confederation of Indian Industry (CII) met with Chathuranga Abeysinghe, Deputy Minister of Industry and Entrepreneurship Development, on Tuesday (October 13) in Colombo to explore pathways for expanding industrial, investment, and business cooperation between the two nations. The delegation comprised prominent Indian business leaders representing key strategic sectors, including renewable…
Colombo tourism needs stronger global marketing push
Colombo needs stronger international marketing and better connectivity with key source markets to attract more foreign tourists, General Manager of Cinnamon Life at City of Dreams and Senior Vice President of Colombo Hotels at Cinnamon Hotels & Resorts, Kamal Munasinghe said. In response to a media question on increasing tourist arrivals and attracting new visitors…
PM urges private sector to take risks, invest in skills to stem brain drain
Prime Minister Dr. Harini Amarasuriya yesterday called on the private sector to take calculated risks, invest in workforce development and help create meaningful employment opportunities at home, warning that the countryโs transformation cannot be left to the Government alone. Addressing the Sri Lanka Economic and Investment Summit 2026 organised by the Ceylon Chamber of Commerce,…
CBSL warns of rising credit risks despite financial system stability
Sri Lankaโs financial system remained stable during the first half of 2026, supported by economic recovery, improved fiscal performance and adequate capital and liquidity buffers, although rising household borrowing and external uncertainties pose emerging risks, the Central Bank of Sri Lanka (CBSL) said. In its Financial Stability Review 2026, released yesterday, the Central Bank highlighted…
ComBank empowers next generation with 200th STEM Classroom
Reinforcing its commitment to digital education and future-ready skills, the Commercial Bank of Ceylon has reached a significant milestone in its contribution to Sri Lankaโs education sector with the opening of its 200th STEM (Science, Technology, Engineering and Mathematics) classroom at Agamethi Balika Maha Vidyalaya in Panadura. This facility extends a long running programme that…
Seylan Bank surpasses Rs. 1 Tn in total assets
Seylan Bank PLC, has surpassed LKR 1 trillion in total assets, marking a significant milestone in the Bankโs growth journey and strengthening its position among Sri Lankaโs leading private sector banks. The Bank reached the milestone in September 2026, becoming the fourth private sector bank in Sri Lanka to achieve this landmark. Surpassing LKR 1…