Category: Business and Economy

World Bank and Institute of Internal Auditors collaborateThe government has taken steps to implement a special programme, in collaboration with the World Bank and the Institute of Internal Auditors, to enhance financial discipline and the internal audit process within Sri Lanka’s public institutions. Accordingly, a discussion regarding the strengthening of public financial discipline and internal…

The Sri Lanka Export Development Board (EDB), in collaboration with the Consulate General of Sri Lanka in Melbourne, successfully organised Sri Lanka’s first-ever national pavilion at Fine Food Australia 2026, held from 31 August to 3 September, 2026, at the Melbourne Convention and Exhibition Centre (MCEC). The landmark participation marked an important step in strengthening…

People’s Bank recently conducted the ‘YES Cash Carnival Draw’, providing 25 lucky customers with the opportunity to win cash prizes.  The draw ceremony was held recently at People’s Tower, Colombo 02. The promotion was open to customers who maintained a balance of Rs. 50,000/- or above their YES Savings Account between the period of August…

Sri Lanka Tourism has concluded its Australia and New Zealand Roadshow Series in Perth, bringing together more than 85 Australian travel agents and tour operators for a day focused on business-to-business engagement, industry networking and the promotion of Sri Lanka as a preferred holiday destination. The Perth programme, the final stop of the roadshow series,…

Deputy Minister of Plantation and Community Infrastructure Sundaralingam Pradeep said that Sri Lanka’s coconut industry generated US$614 million in export revenue during the first half of this year, up from US$530 million during the corresponding period last year. Addressing the Sri Lanka Coconut Awards 2026 organised by the Coconut Development Authority, Deputy Minister Pradeep said…

HNB PLC, Sri Lanka’s leading private sector bank, has enabled online payments to all government institutions connected to LankaPay’s Online Payment Platform via its Transaction Banking (TxB) platform with effect from 1 September 2026, allowing every HNB TxB client across the SME, Business Banking, Emerging Corporates and Corporate Banking segments to make payments to government…

Dilshan Rodrigo, Director /Chief Executive Officer of Union Bank, has been re-elected as the Senior Vice Chairman of the Sri Lanka Institute of Directors (SLID) for the second consecutive year. The appointment was confirmed at the Institute’s Annual General Meeting (AGM) held recently. A dedicated and active member of SLID who previously served as Vice…

Hayleys Solar, Sri Lanka’s No. 1 renewable energy solutions provider, marked a major milestone in its renewable energy journey with the opening of its 3MW Veyangoda Ground-Mounted Solar Project, with Hon. Anura Karunathilake, Minister of Energy, gracing the occasion. The project marks the first of Hayleys Solar’s planned 300MW portfolio of ground-mounted solar power projects…

Sampath Bank PLC has been recognised as Sri Lanka’s Best Bank for Corporate Responsibility at the Euromoney Awards for Excellence 2026, reaffirming its position as the leader in responsible banking and creating a sustainable impact on the community and environment. The award was presented at the Asia-Pacific regional awards ceremony held in Singapore recently. Euromoney…

Seylan Bank PLC., marked another milestone in its flagship Environmental, Social and Governance (ESG) initiative by opening its 295th  ‘Pahasara’ Library at Giri/Gemunu Central College, Ingaradaula, Pannala. The ceremony was held on July 3rd, under the patronage of Zonal Assistant Director of Education – North Western II, Prasad Kinigama, the Principal of the School, K.M. Wijerathne,…