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Sampath Bank PLC announced the appointment of Mr. Dilip de S Wijeyeratne as Deputy Chairman, effective 10th September 2026, further strengthening the Bank’s leadership as it advances its strategic priorities and continues to evolve as a purpose-led, technology-enabled financial institution. Mr. Wijeyeratne brings extensive experience across banking, finance, risk management and compliance, investment banking and…
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Prime Lands Residencies PLC, the real leader in the modern real estate and the condominium development arm of Prime Group, has announced the completion of the superstructures of all three towers at The Colombo Border, marking a key construction milestone. The breakthrough follows the prior topping out of Tower Cosmos and confirms that the entire…
The All-New Mercedes-Benz GLB 2026 was unveiled by DIMO at the inaugural Sri Lanka Tennis Premier League (SLTPL) 2026, which concluded recently. As Mercedes-Benz celebrates 140 Years of Innovation, the introduction of the All-New Mercedes-Benz GLB 2026 reflects the brand’s continued commitment to innovation, intelligent mobility and the evolving needs of its customers around the…
Salesforce and Anthropic announced Claudeforce, an expanded strategic partnership bringing Claude’s intelligence and reasoning together with Salesforce’s trusted enterprise harness, making data, workflows, business logic, actions, and governance securely accessible to power agentic experiences wherever work happens. The partnership launches with Salesforce in Claude, a Plugin with 37 prebuilt sales skills enabling sellers and agents…
HNB PLC has partnered with Automobile Technologies (Pvt) Ltd, the official distributor of GAC vehicles in Sri Lanka, to launch a special Leasing Scheme. The scheme is designed to make GAC’s acclaimed range of vehicles, including its electric models, more accessible to Sri Lankan customers. It was formalised on 01st June 2026, bringing together the…
SDB bank has been recognised as the Banking Sector Runner-Up at the National Business Excellence Awards, reaffirming its position as a purpose-driven financial institution committed to sustainable growth, responsible banking and meaningful social impact. Organised by the National Chamber of Commerce of Sri Lanka, the National Business Excellence Awards is one of the country’s most…
The Sri Lankan Corporate Health & Productivity Awards (SLCHPA) 2026 was officially launched today, introducing an enhanced edition of the prestigious platform that recognises organisations committed to strengthening employee wellbeing, workplace health and productivity across Sri Lanka. The launch marks the beginning of a new chapter for an initiative that continues to encourage businesses to…
Dearo Venture Capital Ltd, Sri Lanka’s largest venture capital institution, officially announced the appointment of its new Board of Directors at a special media conference held on 10th September 2026 at the company’s Head Office located on the 9th Floor, Ceylinco House, No. 69, Janadhipathi Mawatha, Colombo 01. The event brought together members of the…
Senaro Motor Company has made history in Sri Lanka’s two-wheeler sector by launching the nation’s first-ever Premier Center dedicated to the motorcycle industry, located at Jubilee Post Junction, Nugegoda while also unveiling its latest motorcycle model, the Senaro RR250. Senaro, a 100% Sri Lankan-owned motorcycle company with a 23-year history, has expanded its retail footprint…
ALIF-SL 2026 to bring 30+ international artists to Colombo, headlined by world No. 1 salsa team Tropical Gem from Italy ALIF-SL, Sri Lanka’s first-ever international Afro-Latin dance festival, returns for its 4th edition from 25 to 27 September 2026 at the Galle Face Hotel, Colombo. The festival will bring together over 30 international and national…
Global furniture fittings leader marks 10 years of growth and partnership in Sri Lanka and unveils Blaupunkt built-in kitchen appliances. Hettich, the globally renowned German manufacturer of furniture fittings and architectural hardware known for its state-of-the-art manufacturing plants and magical interior solutions across the world celebrated a significant milestone in Sri Lanka, marking 10 years…
Top News
The Ceylon Motor Traders’ Association (CMTA), established in 1919 is the most senior automotive association in Sri Lanka affiliated with the Ceylon Chamber of Commerce, is calling for greater consistency, transparency and fairness in the policies governing the country’s automotive sector, stressing that a sustainable vehicle import framework must ensure a level playing field across…
Reuters – Global bond yields spiked to new highs and sharemarkets slumped on Friday as soaring oil prices inflamed inflation risks, sending investors scrambling to price in more policy tightening from central banks across the globe. Brent crude climbed to a four-month high of $109.97 a barrel on Friday after a 6% overnight jump, capping…
Speaking at the opening of the inaugural Reserve Management Conference 2026 in Colombo, Central Bank of Sri Lanka (CBSL) Governor Dr. Nandalal Weerasinghe warned that geopolitical fragmentation, sanctions, and trade tensions have fundamentally changed the environment for central banks, requiring reserve managers to prioritize liquidity and buffer adequacy over investment returns. Reflecting on Sri Lanka’s…
Sri Lanka Export Development Board (SLEDB) in collaboration with University of Kelaniya organized a seminar and a mini innovation exhibition for the Sri Lankan Electronic and Electrical sector exporters and manufacturers on 03rd September 2026 at the University of Kelaniya. This was organized with the assistance of Centre for Technology Transfer and Industry Linkage (CTTIL),…
Discussions focus on Colombo’s future, regional port development, shipping connectivity and the resilience of global supply chains. A delegation led by Chairperson Laura DiBella and Commissioner Robert J. Harvey of the United States Federal Maritime Commission (FMC) visited the Port of Colombo this morning for discussions with the Chairman and senior management of the Sri…
SmartVista provides the payments infrastructure behind the multilingual experience BPC, global leader in payments technology, has supported DFCC Bank in introducing Sri Lanka’s first ATM and Cash Recycler Machine experience available in eight languages. The innovation is backed by modernised ATM, CRM, card-switching and card-issuing infrastructure implemented through BPC’s next generation SmartVista platform. Making self-service…
The new Pro lineup introduces variable aperture with the most advanced camera in an iPhone, incredible battery life, next‑level performance, and Siri AI, all powered by A20 Pro Apple announced iPhone 18 Pro and iPhone 18 Pro Max, delivering the most advanced pro camera system in an iPhone, and huge leaps in battery life and…
Reuters – Asian stocks slid on Thursday as the biggest wave of attacks on shipping in the widening war in the Middle East kept oil prices above $100 a barrel, leaving investors nervous ahead of U.S. inflation data that will influence monetary policy. Benchmark 10-year U.S. Treasury yields held steady at 4.8406% after scaling their highest since…
Analysis
Confidence in the economy strengthened in August with a larger share of corporate executives anticipating an improvement in the months ahead. However, the outlook remains cautious with half of those surveyed expecting economic conditions to remain unchanged amid rising costs and continued uncertainty surrounding the broader economic milieu. THE ECONOMY The latest LMD-PEPPERCUBE Business Confidence…
Sri Lanka’s external current account recorded a deficit of US $142 million in July 2026, marking the fourth consecutive month in negative territory as the nation navigates severe headwinds from geopolitical developments in the Middle East. According to the latest data, the cumulative external current account has slid into a deficit of US $387 million…
Conrad Dias, Vice Chairman of the Fintech Forum Sri Lanka and Chairman of LOLC Finance PLC, believes the next stage of Sri Lanka’s fintech journey is about helping local fintech companies access larger regional markets, strengthen collaboration with banks and regulators, and build an ecosystem capable of sustaining long-term growth. For Sri Lanka’s fintech companies,…
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