Category: Business and Economy

Capital One will launch Donatello on 25 September 2026, introducing a dedicated Bespoke Private Wealth Management concept for High-Net-Worth (HNW) and Ultra-High-Net-Worth (UHNW) clients in Sri Lanka.   Donatello combines a dedicated lounge influenced by art and culture with Capital One’s expertise in investment banking and bespoke wealth management services. As a game changer in Sri…

“Sri Lanka Socio-Economic Data – 2026”, the annually published data folder of the CBSL, is now available for public information. The current data folder is the 49th volume of the series. This easy-to-carry booklet contains information categorised under 14 topics, namely, Country Profile; Key Economic Indicators; Country Comparisons; Socio-Economic Conditions; Human Resources; National Accounts; Agriculture;…

Seylan Bank’s Islamic Banking Unit has secured three prestigious awards at the SLIBFI Awards 2025/2026, recognising its achievements in innovative, Shariah-compliant financing and individual performance within Sri Lanka’s Islamic banking and finance sector. The awards include the Gold Award for Deal of the Year for financing a 10MW Solar Power Project, the Bronze Award for…

Sri Lanka’s central bank has called for expressions of interest (EOIs) from qualified firms for the procurement of an enterprise data solution (EDS) system as it seeks to strengthen its data management and analytics capabilities. The deadline for submitting expressions of interest is 1430 hours Sri Lanka time on or before October 26. Interested parties…

Continuing its mission to drive inclusive economic recovery and empower Sri Lanka’s grassroots business sector, the Commercial Bank of Ceylon PLC has actively accelerated the disbursement of the Asian Development Bank’s (ADB) Enhancing Small and Medium-Sized Enterprises Finance Project line of credit. As Sri Lanka’s premier private sector lender, Commercial Bank drives regional development by…

The Commercial Bank of Ceylon brought together its island-wide network of employees, customers, volunteers, partners and other stakeholders for a coordinated national coastal and aquatic conservation initiative on 19 September, marking International Coastal Cleanup Day with activities across 20 locations nationwide. Conducted under the Bank’s sustainability platform and its theme –‘ForwardTogether for a Cleaner Future’–…

Zirateh has secured three awards at the SLIM Digis, becoming the most awarded agency in the Automotive category, in what marks the agency’s first-ever application to the competition. The achievement includes Silver, Bronze and Finalist recognition, marking a significant milestone for the agency and highlighting its growing presence in Sri Lanka’s automotive marketing industry. The…

DFCC Bank has been named the Best Cash Management Bank in Sri Lanka for 2026 by The Asian Banker, recognising the Bank’s growing transaction banking capabilities and its continued investment in secure, digitally enabled solutions that give businesses greater visibility and control over their financial operations. The recognition reflects DFCC Bank’s progress in helping businesses…

As Sri Lanka’s value-added tea exports commanded more than 50% of total tea export volumes in 2025, with recent key investments made into matcha, green tea and artisanal teas, Sri Lanka Tea Board should protect the emerging high value segment, according to a recent (19) speech made by the newly elected Planter’s Association Chairperson Shanaka…

Union Bank has modernised its credit card business with BPC SmartVista, introducing a unified payment platform that gives the bank greater control over product development, integrations, data and customer experience. This initiative is an integral part of the Bank’s digital transformation agenda. Nisala Kodippili, Chief Technology Officer, Union Bank, said “that with the new platform…