ComBank and Visa to reward global spenders with luxury getaways

Commercial Bank of Ceylon, in partnership with Visa, has announced the launch of its Visa International Usage Campaign, a rewarding new promotion that offers the cardholders the chance to win unforgettable luxury travel experiences.

Nawaloka Hospitals unveils 40th anniversary logo

Nawaloka Hospitals PLC, Sri Lanka’s pioneering private healthcare institution and the first to introduce artificial intelligence (AI) technology into the country’s healthcare sector, recently held a soft launch to commemorate its 40th anniversary since its establishment in 1985.

NDB Bank hosts Analyst Earnings Call on 1H 2025 financial results

National Development Bank PLC (NDB) hosted its Analyst Earnings Call recently to discuss the bank’s financial results for the six months ended June 30, 2025.

People’s Bank shines at Women Friendly Workplace Awards 2025

People’s Bank has once again been recognised as one of Sri Lanka’s most outstanding women-friendly workplaces at Satynmag Women Friendly Workplace Awards 2025.

John Keells Properties-BOC provide fixed-rate home loans for Viman buyers

In a strategic move to make homeownership more accessible to Sri Lankans, John Keells Properties has partnered with Bank of Ceylon, Sri Lanka’s premier state-owned financial institution, to offer exclusive, fixed-interest home loan solutions for Viman Ja-Ela—a modern suburban residential development by John Keells Properties.

EDB educates agriculture and aquaculture exporters on smart solutions

The Sri Lanka Export Development Board (EDB) recently hosted an insightful seminar titled ‘Smart Solutions for Agricultural and Aquaculture Exporters’ in the North Western province, at the Kurunagala District Secretariat, for the first time.

Seylan Bank-Home Lands offer exclusive home loan facilities

Seylan Bank PLC has entered into a strategic partnership with Home Lands Group, Sri Lanka’s number one and most trusted real estate developer, to make homeownership more accessible than ever before.

LKNOG9 brings together SL’s network operator community in Colombo

The ninth annual Lanka Network Operators Group (LKNOG9) conference took place recently at Galle Face Hotel in Colombo, gathering a diverse group of network specialists, academics, policymakers and industry leaders.

Pan Asia Bank IT team wins at Global Infosys Finacle Innovation Awards 2025

Pan Asia Banking Corporation PLC has once again elevated Sri Lanka’s reputation on the global financial stage by winning the prestigious Platinum Award for Maximising Customer Engagement at Infosys Finacle Innovation Awards 2025, marking its second consecutive global recognition following last year’s success.

Agentforce cuts sales quoting time by 75%

Salesforce has launched Agentforce for Revenue, an AI-powered solution within its all-new Revenue Cloud, designed to transform the quoting process for businesses worldwide.

Sri Lanka’s real estate revival spotlighted on global stage

Capital Trust Properties Managing Director Minoli Wickramasinghe recently represented Sri Lanka at two major international real estate forums in Singapore, spotlighting the nation’s evolving investment landscape and resurgence as a regional property destination.

CSE rebounds after consecutive declines

The Colombo Stock Exchange (CSE) today demonstrated mixed momentum, with the All Share Price Index (ASPI) initially gaining approximately 96 points before easing slightly. The market ultimately closed with a positive movement of 37.80 points (+0.18%) at 20,613.39, while the S&P SL 20 rose 6.29 points (+0.10%) to 6,048.80.

Made in Sri Lanka’ Trade Fair to be held in Arugam Bay

The National Enterprise Development Authority (NEDA), under the Ministry of Industry and Entrepreneurship Development, will host the annual ‘Made in Sri Lanka’ trade fair at Arugam Bay in the Ampara District from August 29 to 31.

BOI on track to surpass US $ 1bn FDI in 2025 as inflows surge

Sri Lanka’s Board of Investment (BOI) expects foreign direct investment (FDI) to surpass US $ 1 billion this year, supported by the rising inflows, new approvals and ongoing reforms, officials said on Monday.

BOI overhaul puts investor approvals online, transparent and real-time

Sri Lanka yesterday saw the launch of a fully digital investment platform as part of a major push to cut red tape and transform the Board of Investment (BOI) into a genuine one-stop shop for the investors.

Export earnings near US $ 10bn

Sri Lanka’s export earnings are approaching the US $ 10 billion mark in the first seven months of 2025, with total goods and services exports reaching US $ 9.99 billion, up 7.8 percent from the same period last year. The performance reflects a broad-based recovery across key sectors, supported by a stronger regional demand and rising value-added exports.

IndianOil CFO Anuj Jain takes over as Lanka IOC Chairman

Lanka IOC PLC, the Sri Lankan unit of Indian Oil Corporation Ltd, yesterday announced it has appointed IndianOil Director Finance and Chief Financial Officer Anuj Jain as its new Chairman, replacing Satish Kumar Vaduguri, who retired earlier this month.

NCE-FIEO MoU to boost bilateral trade and export opportunities

The National Chamber of Exporters of Sri Lanka (NCE) has signed a memorandum of understanding (MoU) with the Federation of Indian Export Organisations (FIEO), aiming to strengthen trade ties and expand export opportunities between the two countries.

SLIC Life’s premium growth soars by 32% in 1H

Sri Lanka Insurance Life (SLIC Life) has demonstrated significant financial momentum in the first half of 2025, reporting substantial growth in its premium income. The company’s performance highlights a strong increase in new business and reinforces its stable position in the market. SLIC Life announced a gross written premium of Rs.15.4 billion for the first six months of 2025, marking a robust 32 percent year-on-year growth.

Crossings boost turnover

Indices closed in red as a result of price losses in counters such as Hatton National Bank, John Keells Holdings and Commercial Bank with the turnover crossing Rs. 4.4 Bn. Crossings were witnessed in Hatton National Bank, E B Creasy & Company and Hemas Holdings accounting for 55.7% of the turnover. Mixed interest was observed in Royal Ceramics, Sierra Cables and Colombo Dockyard

A lacklustre mood marks week’s start

The secondary market stepped into the trading week with restrained dynamism as investor activity appeared muted, prompting a static yield curve.

DIMO Agribusinesses announces LOVOL Harvester Pancha Maha Nidhanaya winners

DIMO Agribusinesses announced the lucky winners of the LOVOL Harvester Pancha Maha Nidhanaya, who won five DIMO Batta lorries at DIMO Agri Machinery Prestige Awards 2024/25, which was held to recognise their dealers recently.

HNB Assurance crowned Best Life Insurance Company

HNB Assurance PLC has been recognized as the Best Life Insurance Company – Sri Lanka 2024 by Global Brands Magazine, UK.

Sri Lanka - China Business Council reinforces economic ties with China

The Sri Lanka - China Business Council (SLCHBC) of The Ceylon Chamber of Commerce held its 24th Annual General Meeting (AGM) recently, reaffirming its commitment to strengthening bilateral economic cooperation with China.

Sudath Perera Associates to host webinar on navigating US trade tariffs for Sri Lankan exporters

Law firm Sudath Perera Associates, in collaboration with the US-based law firm Amundsen Davis, is set to host a webinar titled, “Thriving Amid Tariffs: Implications and opportunities for Sri Lankan exporters to the US.” The virtual event will take place on August 28 at 4:00 PM (IST) via MS Teams.

DFCC Bank and Toyota Lanka partner to introduce tailored leasing solutions

DFCC Bank has partnered with Toyota Lanka to introduce a suite of thoughtfully designed vehicle leasing solutions, allowing customers to own their preferred Toyota vehicle with greater confidence and convenience.

Union Bank recognised at Satyn Women Friendly Workplace Awards

Union Bank was recognized with a Special Award at the Satyn Women Friendly Workplace Awards 2025 for championing women in leadership. With women representing 50 percent of the bank’s total workforce, this recognition reaffirms Union Bank’s dedication to driving equality and empowering women to thrive at every level.

Aitken Spence Elevators, Rush Housing forge strategic partnership for vertical mobility across new projects

Aitken Spence Elevators (Pvt) Ltd has signed a Memorandum of Understanding (MoU) with Rush Housing (Pvt) Ltd to provide nine OTIS Gen2 Hz machine room-less elevators for five upcoming residential projects in the Colombo District.

Nandasiri appointed Director of SOS Children’s Villages International

Nandasiri Ponnamperuma, President of the National Board of SOS Children’s Villages Sri Lanka, was recently elected to the newly formed International Board of SOS Children’s Villages.

Prime Group introduces SL’s first luxury real estate client experience initiative

Celebrating three decades of industry leadership, real estate developer Prime Group recently unveiled ‘Prime Premier’, an exclusive client experience initiative designed to transform how discerning clientele engage with real estate.