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Seylan Bank PLC has reaffirmed its commitment to supporting Sri Lanka’s automotive industry by partnering with the 20th edition of the Colombo Motor Show 2026 as the Official Banking and Leasing Partner for the 10th consecutive year. ..
By Charumini de Silva Prime Minister Dr. Harini Amarasuriya yesterday called on the private sector to take calculated risks, invest in workforce development and help create meaningful employment opportunities at home, warning that the country’s transformation cannot be left to the Government alone. Addressing the Sri Lanka Economic and Investment Summit 2026 organised by the Ceylon Chamber o ..
Sri Lanka aims to reduce its dependence on imported medicines, expand domestic pharmaceutical production and increase export earnings over the next decade, Health and Mass Media Minister Dr. Nalinda Jayatissa said. ..
Sampath Bank PLC has received a special appreciation award for AI/ML implementation in banking at the ICC Emerging Asia Banking Conclave and Awards 2026 held in New Delhi, India, becoming the only bank in Sri Lanka to receive this recognition. It also highlighted the bank’s continued progress in applying Artificial Intelligence (AI) and Machine Learning (ML) to strengthen banking operations, im ..
Indian life sciences group Zydus Lifesciences Ltd., and Sri Lanka’s Sunshine Holdings PLC are partnering to invest over $ 20 million in a pharmaceutical manufacturing facility in Horana, in a move aimed at expanding local medicine production and reducing reliance on imports. The proposed joint venture, Zydus Sunshine Lifesciences Ltd., signed an agreement with the Board of Investment of Sri Lan ..
Financial conglomerate JXG (Janashakthi Group) has been ranked 44th in LMD’s Most Respected Entities in Sri Lanka 2026, marking the Group’s first appearance in the prestigious listing. ..
Construction of Central Park Boulevard Port City Colombo, Home Lands Group’s ultra-luxury twin-tower development in the coveted Central Park District of Port City Colombo, is progressing well ahead of planned timelines, having already completed 100% of piling work in just 88 days since construction began, working day and night. ..
Yaden Laboratories Ltd., a pioneering Sri Lankan manufacturer of sterile injectable pharmaceutical products, has achieved a historic milestone by becoming the first Sri Lankan pharmaceutical manufacturing company to exhibit at CPHI Europe 2026, held in Milan, Italy, ..
Former Royal College and CR and FC player Janidu Dilshan has been appointed captain of the Sri Lanka Sevens team for the second leg of the Asia Rugby Sevens Series, which will be worked off in Colombo this weekend. ..
The Colombo Business Analytics Forum (CBA Forum) returns on 27 October, marking its third consecutive year, with a story this time that’s as much about the people gathering under one roof as the program itself. ..
Verité Research yesterday said it played a notable role at the 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank (WB) Group in Bangkok, driving strategic dialogues on debt, inequality, and governance through policy roundtables, high-level investor briefings, and multilateral stakeholder engagements. ..
The Commercial High Court of Colombo has upheld an interim order barring the five Directors of Hela Clothing Ltd., from travelling overseas. ..
By Devan Daniel Businesses should not bank on tax cuts in the 2027 Budget, the Treasury has signalled. The Government is instead relying on reforms, digitised tax administration and a World Bank-backed strategy targeting 7% growth to lift the economy. Treasury Secretary Dr. Harshana Suriyapperuma was speaking yesterday at the Sri Lanka Economic and Investment Summit. He was answering a question ..
In a bold move that redefines the digital banking landscape in Sri Lanka, People’s Bank has partnered with Lanka Securities Ltd., (LSL) to integrate share trading functionality into its flagship mobile wallet app, People’s Pay. This pioneering collaboration marks the first time in the local market that customers can seamlessly access both banking and equity trading services through a single di ..
A strong global digital presence can help Sri Lankan businesses enter overseas markets and lift foreign-exchange earnings, Digital Economy Deputy Minister Eng. Eranga Weeraratne said. ..
