Category: Business and Economy

• Compensation for Fully Damaged Houses and New Housing Construction to Commence on 9 January in Anuradhapura and Kurunegala – President President Anura Kumara Dissanayake stated that the programme to provide compensation for fully damaged houses and to construct new homes for families affected by the disaster will commence on January 09th in Anuradhapura and…

Seylan Bank recently continued its support of the nation’s small and medium enterprises (SME) sector with its second SME Program in the North Central Region. Hosted at Hotel Mahanuge in Polonnaruwa, the initiative is the latest chapter in a series of developmental forums focused on improving financial literacy among small and medium business owners in…

HNB Assurance enters 2026 with renewed purpose and clear ambition as it moves into a defining phase of its 10 in 5 strategic journey. With the final leg toward achieving a 10% life insurance market share by 2026 now in focus, the company is gearing up for a year of transformation, innovation and accelerated growth.…

LOLC Divi Saviya has long stood as a symbol of compassion and solidarity, stepping forward whenever Sri Lanka and its people face moments of hardship. Today, as the nation struggles to recover from the devastating impact of Cyclone Ditwah, one of the most severe natural disasters in Sri Lanka’s history, Divi Saviya renews its commitment…

Sri Lanka recorded a major milestone in innovation and industrial engineering as Rohan De Lanerolle Snr (80) was honoured with five prestigious awards at the Asia Awards 2026, held in India, marking one of the most significant international recognitions received by a Sri Lankan inventor in recent years. At the same ceremony, C2S.LK, a Sri…

Cinnamon Hotels & Resorts is strengthening its commitment to gender inclusion across its portfolio, with female participation now at 19.5%, marking a healthy trajectory toward its 2030 goal of achieving 30% workforce representation. Women currently hold 22% of leadership positions across the group. In Sri Lanka female participation in hospitality is barely making 10%, careers in…

Asiri Health partners with the Information and Communication Technology Agency of Sri Lanka (ICTA) to support and accelerate the growth of HealthTech startups, marking a significant step in strengthening Sri Lanka’s innovation-led healthcare ecosystem. This strategic collaboration was unveiled during ‘Global Entrepreneurship Week 2025’, at a HealthTech startup pitching session organized by ICTA. At the…

Sarvodaya Development Finance PLC (SDF), in collaboration with Fintechnology Asia Pacific Lanka Pvt Ltd (FINAP), has officially launched CIXOR PayDay, a next-generation digital WageTech platform that enables employees to access a portion of their earned wages in real time, while giving employers a structured and capital-efficient way to offer this benefit. Positioned as a financial…

As geopolitical upheavals increasingly shape business outcomes, IQ Global has partnered with the Centre for Law & Security Studies (CLASS) to launch the region’s first “GeoStrategy × Business Design” programme, an initiative that aims to redefine how senior leaders prepare for a world where disruption has become the norm. From shifting trade alliances to sudden…

Under the nationwide initiative to introduce innovative digital solutions, the Ministry of Transport, Highways, and Urban Development yesterday (01) launched a new program for Sri Lanka Transport Board (SLTB) buses. Implemented with guidance from the Ministry of Digital Economy, the initiative is intended to further strengthen transport services under the purview of the Ministry of…