Category: Business and Economy

The National Chamber of Exporters of Sri Lanka (NCE), in partnership with the Canadian Chamber of Commerce in Sri Lanka (CanCham), convened the Sri Lanka–Canada Trade, Investment & Market Access Forum on September 21 at the Cinnamon Grand Colombo, bringing together exporters, policymakers, diplomatic representatives, and business leaders to  examine opportunities and challenges in expanding…

The Commercial Bank of Ceylon has reaffirmed its commitment to providing a bespoke banking experience with the launch of ‘Prestige’ for Sri Lanka’s High Net worth (HNW) clientele. Bringing together the full weight and capabilities of Sri Lanka’s largest private sector bank, the initiative sets a new benchmark in bespoke financial services across the region,…

DFCC Bank has achieved ISO 22301:2019 certification for its Business Continuity Management System (BCMS), reinforcing its commitment to maintaining critical banking services and protecting customer interests during unexpected disruptions. The internationally recognised certification validates the Bank’s business continuity framework, confirming that its governance, risk management, contingency planning, and response mechanisms meet global best practices for…

Media reports indicate that National Development Bank (NDB) is preparing to engage a foreign specialist firm to recover funds and digital assets identified through a forensic audit into the massive internal financial fraud amounting to Rs. 13.69 billion at NDB. Meanwhile, it is also reported that the final forensic audit report prepared by Deloitte Touche…

The Cabinet of Ministers has approved awarding of a contract to build the internal wastewater collection network and pumping system at the Textile Manufacturing Investment Zone in the Punnai Kuda area of the Eravurpattu Divisional Secretariat Division, Batticaloa District. On 2 November 2020, the Cabinet had earlier approved the development of infrastructure facilities in the…

The Sri Lanka Export Development Board (EDB) held an SME Awareness Creation Forum at the Trincomalee District Secretariat on 1 October 2026, aiming to help small and medium enterprises (SMEs) in the Eastern Province break into export markets. Organised by the EDB under the Ministry of Industry and Entrepreneurship Development, the forum was designed to…

People’s Bank has secured four accolades at the 4th Commonwealth Business Excellence Awards 2026, earning international recognition for its excellence across banking, digital innovation, youth and student banking, and SME services. The Bank was recognised with four awards: Best Banking Brand of the Year, Best Bank for Youth and Students, Best Bank in Digital Banking,…

Sri Lanka’s tourism sector has crossed the 1.7 million arrival mark for 2026, with over 23,000 visitors registered during the first four days of October, but arrivals remain about 2% below last year’s pace as the industry enters its crucial winter season. According to the latest data released by the Sri Lanka Tourism Development Authority…

The CSE indicated very dull and but volatile conditions yesterday as external and internal environmental factors continued to clog stock trading, market analysts said. Both indices reflected downward trends. The All Share Price Index went down by 151.47 points while the S and P SL20 declined by 32.27 points. Turnover stood at Rs 3.16 billion…

The officials of the Export Development Board (EDB) have taken measures to promote the upcoming Sri Lanka Expo scheduled to be held from 14 th to 17 January 2027. Mangala Wijesinghe, Chairman and Chief Executive Officer of the EDB together with the Director General and a team of senior officials, recently met with Hanif Yusoof…