Category: Business and Economy

Richard Pieris Finance Limited (RPFL) has expanded its consumer financing portfolio with the launch of a new device financing solution for Samsung smartphones through authorized mobile dealers of John Keells Office Automation, enabling customers to access premium mobile devices through affordable and flexible instalment plans. The initiative, introduced under the Samsung Exclusive Easy Pay programme,…

Seylan Bank recently recognised employees who achieved notable success at national-level mercantile sports competitions, reaffirming the Bank’s commitment to holistic employee development, teamwork and well-being beyond the workplace. The recognition, led by the Bank’s Director/Chief Executive Officer, Ramesh Jayasekara, celebrated employees and teams who delivered commendable performances at the 2025 Mercantile Tournaments, securing championship honours…

Maldivian businesses are increasingly seeking opportunities abroad and Sri Lanka remains  a natural and strategic destination for their expansion, Mohamed Muizzu, President of the Republic of Maldives said addressing the Maldives-Sri Lanka Business Forum held yesterday in Colombo.  “Equally, we hope to see greater openness for Maldivian enterprises in Sri Lanka.  Two-way investment flows are…

In recognition of its outstanding performance and continued leadership in the banking sector, the Commercial Bank of Ceylon has once again been adjudged the ‘Best Bank in Sri Lanka’ by the US-based Global Finance magazine, marking the 24th occasion the Bank has received this prestigious accolade.  The accolade comes as part of Global Finance’s ‘World’s…

HUTCH Sri Lanka is leveraging its international pedigree to bring the best of enterprise solutions to help Sri Lankan businesses leapfrog into a new era. As the country pushes forward with its digital ambitions, the company, backed by its parent, the global Fortune 500 giant – CK Hutchison Holdings, sees this as the right time…

This statement is with reference to the media briefing and social media posts being made against SLIC’s investment in treasury bond auction on 9th April 2026.  On 6th April 2026, Public Debt Management Office (PDMO) of Ministry of Finance, Planning and Economic Development made a public announcement of a treasury bond auction held on 9…

DIMO’s Engine Care unit, one of the company’s long-standing and most technically specialized operations, has undergone a significant transformation, marking a new chapter in its evolution from a traditionally expertise-driven workshop into a modern, customer-focused engineering facility. Its profound technical expertise in handling intricate engine overhauling and machining requirements has long been acknowledged, and it…

The Sri Lankan economy has become predictable and stable, enhancing investment opportunities with the Government undertaking institutional reforms through digitization, creating a single window for trade and investments Deputy Minister of Industries and Entrepreneurship Development Chathuranga Abeysinghe told the Global Innovation & Leadership Summit held in Colombo on May 2.  Large-scale infrastructure projects, including highways…

Vallibel Finance has successfully raised over Rs. 2.1 billion through its Rights Issue, which was oversubscribed, reflecting strong investor confidence in the company’s strategic direction and long-term growth prospects. The Rights Issue, which involved the issuance of 29,431,675 new ordinary voting shares at Rs. 72 each, was offered to existing shareholders in the proportion of…