Category: Business and Economy

Sampath Bank delivered a strong financial performance for the six months ended 30th June 2026, reporting Total Operating Income of Rs 63.3 Bn, an increase of 17% compared to the corresponding period last year. The Bank’s performance was driven by sustained growth across its core revenue streams, with Net Interest Income increasing by 11% and…

Amãna Bank PLC in collaboration with the Philatelic Bureau of the Department of Posts of Sri Lanka launched a Special Commemorative Cover and Stamp in celebration of the Bank’s 15th Anniversary. The ceremonial launch was held on August 12, to honour and mark Amãna Bank’s contribution to Sri Lanka’s financial services landscape and its distinctive…

Continuing its long-standing commitment to empowering future generations through education, Seylan Bank recently opened its 294th ‘Pahasara’ Library at Galgamuwa Maha Vidyalaya, Maharachchimulla, Narammala, marking another milestone in the Bank’s flagship social sustainability initiative. The library was opened in the presence of N.D.R. Jayasuriya, Assistant Director of Education Giriulla Division; Upendra Adhikari Regional Manager North Western Region…

The Sri Lanka Export Development Board (EDB) has stepped up efforts to strengthen the export readiness of local jewellery manufacturers, with a team led by EDB Chairman Mangala Wijesinghe conducting an observation visit to Ashadi Jewellers (Pvt) Ltd. Established in 1988, Ashadi Jewellers has grown into a major handmade jewellery manufacturer, employing around 330 people. The company…

The Sri Lanka – China Business Council (SLCHBC) of The Ceylon Chamber of Commerce held its 25th Annual General Meeting recently, marking a quarter-century of partnership and reaffirming its commitment to strengthening bilateral economic cooperation with China. Outgoing President of the SLCHBC Haroun Cader delivered his farewell address after two years at the helm of…

Seylan Bank has launched its latest Seylan Cards Redeem & Win promotion, giving Seylan Cardholders another reason to make the most of their accumulated reward points. The promotion will be running from July 1 to August 31, 2026, the campaign offers Seylan Cards Rewards Programme members the opportunity to win two return air tickets to…

The Ceylon Chamber of Commerce and the Maldives Business Chamber have entered into a Memorandum of Understanding (MoU) that will create new opportunities for businesses in Sri Lanka and the Maldives to expand trade, investment and commercial partnerships. The signing took place in the presence of Wasantha Samarasinghe, Minister of Trade, Commerce, Food Security and…

Expo Visa Services (EVS) has been recognised with two prestigious accolades at the National Business Excellence Awards (NBEA) 2026, organised by the National Chamber of Commerce of Sri Lanka (NCCSL). The company was named Runner-Up in the Travel, Visa and Immigration Sector and First Runner-Up in the Small Category, recognising its commitment to business excellence, innovation, and service quality. The dual…

Power Solutions officially commissioned a state-of-the-art microgrid system at the Faculty of Engineering, University of Peradeniya. The initiative addresses long-standing grid instability concerns, providing uninterrupted power for the faculty’s computer laboratories and high-demand artificial intelligence (AI) servers. Conventional backup UPS systems provided only a few minutes of power during grid outages, while traditional diesel generators…

Sri Lanka is stepping up efforts to expand its gem and jewellery exports to India through a high-level business delegation aimed at strengthening bilateral trade, investment and industry partnerships. Organised by the Sri Lanka Export Development Board (EDB), with the support of the Sri Lankan High Commission in New Delhi and Consulate in Mumbai, the…