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The Central Bank of Sri Lanka’s “Annual Economic Review 2025” and “Financial Statements and Operations 2025” reports were presented this morning (20) at the Presidential Secretariat to the Minister of Finance, Planning and Economic Development, President Anura Kumara Dissanayake. The two reports were formally presented to the President by the Governor of the Central Bank,…
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Aventude has secured a major win at the Singapore Business Review Technology Excellence Awards 2026, taking home the award for Information Management – Computer Software in recognition of its outstanding engineering contribution to Norway’s public sector digitalisation through the low code platform, Compose. This recognition places Aventude among a distinguished group of companies driving digital…
LIMRA Holdings Limited, one of Sri Lanka’s most diversified and quietly ambitious conglomerates, has earned a landmark double recognition at the Best Management Practices Company Awards 2026 held recently. LIMRA Holdings was named among the Top 40 Outstanding Companies in Sri Lanka and awarded Gold in the People and HR Governance ESG cluster – two…
Sampath Bank Private Banking hosted an elegant Iftar gathering at Cinnamon Life Colombo, welcoming valued clients for an evening that reflected the warmth, generosity, and cherished traditions of Ramadan. The occasion was thoughtfully curated to bring clients together in a setting that encouraged conversation, shared reflection, and a genuine sense of togetherness, echoing the essence…
Belluna Lanka, the South Asian anchor of Belluna Co. Ltd., Japan, reinforces its residencies portfolio through 447 Luna Tower, a completed residential development in Colombo 02, with a limited release of units available for sale. Marking its longstanding presence in Sri Lanka, the company highlights sustained buyer confidence and reaffirms 447 Luna Tower as a…
By Kavitha Gunesekera I have sat across from hundreds of Sri Lankan professionals over the years, in training rooms, in one-on-ones, at a water cooler, in the quiet corner of a Slack thread where someone finally says what they’ve been thinking for months. How do I build a meaningful global career without leaving my sunny,…
Ritzbury, the Number One Chocolate Brand in Sri Lanka from CBL Foods International (Pvt) Ltd, has been named the People’s Chocolate Brand of the Year at the SLIM-Kantar People’s Awards 2026, marking its second consecutive win at the prestigious awards ceremony held at the Monarch Imperial. Organised annually by the Sri Lanka Institute of Marketing…
Reaffirming its commitment to offering superior network experience, SLT-MOBITEL Mobile has been crowned as Sri Lanka’s #1 Best Mobile Network by Ookla®, the global leader in internet performance testing and analytics, at the recently concluded Mobile World Congress 2025. Awarded for the period covering Q3 and Q4 of 2025, the Best Mobile Network Award reflects…
Redefining customer loyalty through community impact SLT-MOBITEL Kandy Customer Club, established in 2015, is a vibrant community of SLT‑MOBITEL’s valued customers in the region. For over a decade, the Club has been a dynamic platform for customer engagement where members including professionals, entrepreneurs, doctors, lawyers, and residents of Kandy join and are empowered to build…
Uber, Sri Lanka’s most loved mobility app, today announced the expansion of its mobility offerings in Kegalle, bringing convenient, reliable, and affordable transportation to residents and visitors in the city. With this launch, commuters in Kegalle can now book rides across cars, Tuks, and motorbikes in minutes through the Uber app, making everyday travel –…
Citizens Development Business Finance PLC (CDB) once again played a pivotal role in driving Sri Lanka’s transition toward sustainable mobility as the Official Financial Partner of the Motor EV Technology Show 2026, held from 27th to 29th March at the BMICH – Sirimavo Hall. The event drew a vibrant footfall of EV and general vehicle…
Top News
Sri Lanka’s storytelling excellence took centre stage at the Inspire Global Media Awards 2026, held recently in London, United Kingdom with a packed room of media glitterati. The Sri Lankan travel documentary produced by Mark Julian Edwards won the prestigious Television Broadcast of the Year at the ceremony, contested by BBC and Amazon TV. The…
The World Bank has projected Sri Lanka’s economic growth to moderate to 3.6% in 2026, reflecting a slowdown from the stronger recovery momentum seen in 2025, according to its April 2026 – South Asia Economic Update report. Despite the moderation, the global lender noted that the size of Sri Lanka’s economy is expected to recover to…
DFCC Bank PLC convened its 70th Annual General Meeting (AGM) and Extraordinary General Meeting (EGM) at its Head Office, marking a significant milestone in the Bank’s seven-decade journey. The meetings brought together shareholders and proxy holders alongside the Board of Directors and Senior Management. All resolutions presented at the AGM, including the reappointments of Directors, were…
The Petroleum Dealers’ Association has written to President and Finance Minister Anura Kumara Dissanayake seeking his intervention over changes to the fuel dealers’ commission calculation method and the reduction of commission payments. In a letter addressed to the President, the Association stated it decided to bring the matter to his attention after attempts to resolve…
Sri Lanka’s delegation, led by Central Bank Governor Nandalal Weerasinghe, held discussions with senior officials of the International Monetary Fund and the World Bank Group, as well as rating agencies and investors, on the sidelines of the 2026 Spring Meetings. IMF Managing Director Kristalina Georgieva congratulated Sri Lanka on reaching a staff-level agreement on the…
Update on National Development Bank PLC The Central Bank of Sri Lanka (CBSL) continues to closely monitor on a day-to-day basis developments relating to National Development Bank PLC (NDB) following the disclosure of an internal fraud. CBSL wishes to inform the public that NDB in consultation with CBSL is finalizing arrangements to engage a leading…
The Embassy of Sri Lanka in Japan, in collaboration with the Export Development Board, successfully organized the Japan–Sri Lanka ICT Business Matching Event 2026 at the Minato City Industrial Promotion Center in Tokyo, bringing together leading stakeholders from Sri Lanka and Japan to strengthen collaboration in the digital sector. The event featured the participation of 10 leading…
Signs long-term Technology Services Master Agreement for the deployment of Bank-controlled payment infrastructure The Commercial Bank of Ceylon has announced that it has entered into a long-term Technology Services Master Agreement with Bancstac, to deploy a secure, compliant, scalable and fully bank-controlled payment processing infrastructure, reinforcing the Bank’s leadership in digital financial services. Commercial Bank…
Analysis
The World Bank has projected Sri Lanka’s economic growth to moderate to 3.6% in 2026, reflecting a slowdown from the stronger recovery momentum seen in 2025, according to its April 2026 – South Asia Economic Update report. Despite the moderation, the global lender noted that the size of Sri Lanka’s economy is expected to recover to…
Purchasing Managers’ Indices indicate expansions in both Manufacturing and Services activities in March 2026. Sri Lanka Purchasing Managers’ Index for Manufacturing (PMI – Manufacturing) increased to 66.7 in March 2026, supported by heightened activity related to seasonal demand. However, many respondents reported a tight production environment, mainly attributed to raw material and fuel shortages, rising costs,…
The region can best cope by protecting vulnerable people, letting prices adjust, anchoring inflation expectations, and accelerating structural reforms By Andrea Pescatori, Krishna Srinivasan Asia entered 2026 on a strong footing. Despite the region bearing the brunt of US tariffs last April and persistent trade policy uncertainty, growth was resilient in 2025 and trade remained robust. Now,…
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