Category: Business and Economy

Groundworth Group Launches โ€˜Urban Oneโ€™ โ€“ Premium Land Development in Pittugala, Malabe

Groundworth Group has launched โ€œUrban One by Groundworthโ€, a premium land development in Pittugala, Malabe, strategically located within the areaโ€™s thriving IT and education hub. Offering only 17 residential plots, Urban One provides access to two Outer Circular Expressway interchanges, educational institutions, healthcare, retail and everyday conveniences, positioning it as an opportunity for both residential…

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EDB and SLAMERP Partner to Boost Energy Efficiency and Profitability in Rubber Manufacturing

Workshop focuses on energy management, cost reduction and sustainable production The Sri Lanka Export Development Board (EDB), in collaboration with the Sri Lanka Association of Manufacturers and Exporters of Rubber Products (SLAMERP), conducted a full-day workshop titled “Business Profit Improvement through Sustainable Energy Efficiency Management for the Rubber Products Manufacturing Industry” at the EDB premises.…

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Capital One Launches Donatello for Bespoke Wealth Management Clients

Capital One will launch Donatello on 25 September 2026, introducing a dedicated Bespoke Private Wealth Management concept for High-Net-Worth (HNW) and Ultra-High-Net-Worth (UHNW) clients in Sri Lanka.   Donatello combines a dedicated lounge influenced by art and culture with Capital One’s expertise in investment banking and bespoke wealth management services. As a game changer in Sri…

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CB releases โ€œSri Lanka Socio-Economic Data โ€“ 2026โ€ Publication

โ€œSri Lanka Socio-Economic Data โ€“ 2026โ€, the annually published data folder of the CBSL, is now available for public information. The current data folder is the 49th volume of the series. This easy-to-carry booklet contains information categorised under 14 topics, namely, Country Profile; Key Economic Indicators; Country Comparisons; Socio-Economic Conditions; Human Resources; National Accounts; Agriculture;…

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Seylan Bank Islamic Banking Unit Secures Three Prestigious SLIBFI Awards for Excellence in Islamic Finance

Seylan Bankโ€™s Islamic Banking Unit has secured three prestigious awards at the SLIBFI Awards 2025/2026, recognising its achievements in innovative, Shariah-compliant financing and individual performance within Sri Lankaโ€™s Islamic banking and finance sector. The awards include the Gold Award for Deal of the Year for financing a 10MW Solar Power Project, the Bronze Award for…

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Sri Lanka central bank seeks bids for EDS system

Sri Lankaโ€™s central bank has called for expressions of interest (EOIs) from qualified firms for the procurement of an enterprise data solution (EDS) system as it seeks to strengthen its data management and analytics capabilities. The deadline for submitting expressions of interest is 1430 hours Sri Lanka time on or before October 26. Interested parties…

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Commercial Bank scales up ADB credit line to empower Jaffna SMEs

Continuing its mission to drive inclusive economic recovery and empower Sri Lankaโ€™s grassroots business sector, the Commercial Bank of Ceylon PLC has actively accelerated the disbursement of the Asian Development Bankโ€™s (ADB) Enhancing Small and Medium-Sized Enterprises Finance Project line of credit. As Sri Lankaโ€™s premier private sector lender, Commercial Bank drives regional development by…

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Commercial Bank reaffirms environmental commitment with nationwide coastal and aquatic cleanup drive

The Commercial Bank of Ceylon brought together its island-wide network of employees, customers, volunteers, partners and other stakeholders for a coordinated national coastal and aquatic conservation initiative on 19 September, marking International Coastal Cleanup Day with activities across 20 locations nationwide. Conducted under the Bankโ€™s sustainability platform and its theme โ€“โ€˜ForwardTogether for a Cleaner Futureโ€™โ€“…

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Zirateh Becomes the Most Awarded Agency in Automotive on Its SLIM Digis Debut

Zirateh has secured three awards at the SLIM Digis, becoming the most awarded agency in the Automotive category, in what marks the agencyโ€™s first-ever application to the competition. The achievement includes Silver, Bronze and Finalist recognition, marking a significant milestone for the agency and highlighting its growing presence in Sri Lankaโ€™s automotive marketing industry. The…

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DFCC Bank named Sri Lankaโ€™s Best Cash Management Bank by The Asian Banker

DFCC Bank has been named the Best Cash Management Bank in Sri Lanka for 2026 by The Asian Banker, recognising the Bankโ€™s growing transaction banking capabilities and its continued investment in secure, digitally enabled solutions that give businesses greater visibility and control over their financial operations. The recognition reflects DFCC Bankโ€™s progress in helping businesses…

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