Bank of Ceylon (BOC) is set to create another milestone in the country’s capital market with the launch of Sri Lanka’s largest-ever listed debenture issue, with a maximum issue size of LKR 30 billion. The Bank proposes to initially raise LKR 10 billion, with an option to increase the issue to LKR 20 billion in […]
Author: Mic
SLID and ACCA Announce Second National Director Awards, Building on the Success of the Inaugural Awards
Following the success of the inaugural National Director Awards, the Sri Lanka Institute of Directors (SLID), in collaboration with the Association of Chartered Certified Accountants (ACCA), is pleased to announce the return of the SLID–ACCA National Director Awards for its second year. Applications will officially open on 23 October 2026 and close on 30 November 2026, culminating in the National Director Awards […]
Sri Lankan companies take hospitality products and services to Maldives
Sri Lanka Export Development Board (EDB), in collaboration with the Sri Lanka–Maldives Business Council (SLMLBC) of The Ceylon Chamber of Commerce, facilitated the participation of Sri Lankan companies at Hotel Asia 2026 in the Maldives. The initiative created opportunities for Sri Lankan businesses to connect with buyers and potential partners, as well as engage with […]
Tourist arrivals rise 5% in first 22 days of October
Sri Lanka welcomed 119,805 tourists during the first 22 days of October, registering a 5.03% year-on-year (YoY) increase, but cumulative arrivals remained 1.42% below the corresponding period last year as the industry entered its crucial winter season. The latest figures lifted year-to-date (YTD) arrivals to over 1.81 million, compared with over 1.83 million during the […]
Sumathi Holdings celebrates 70 years of the Sumathi legacy
From a single betting shop on Maliban Street in 1956 to 11 principal businesses and more than 2,000 people Sumathi Holdings marked its 70th anniversary on Friday, 9 October, with a celebration at the Sangam Ballroom of ITC Ratnadipa, Colombo, attended by more than 500 guests from Sri Lanka’s business, government, financial and media communities. […]
Sri Lanka central bank seeks panel for troubled bank resolutions
Sri Lanka’s central bank has called for expressions of interest from qualified parties to serve on a panel of administrators that could be appointed during the resolution of troubled licensed banks and finance companies. The Central Bank of Sri Lanka (CBSL) said the panel would be established for the purpose of resolving licensed banks and […]
IIHE appoints Shehan Kumar as Chief Executive Officer
The Imperial Institute of Higher Education (IIHE), one of Sri Lanka’s established private higher education institutions with three decades of academic excellence, has announced the appointment of Shehan Kumar as its new Chief Executive Officer. A recipient of the Outstanding Young Persons of Sri Lanka (TOYP) award, Kumar brings over 25 years of global corporate […]
TEDxColombo: Unlocking the Fractured Paradox
TEDxColombo, one of the most prominent and long-standing TEDx events in Sri Lanka, proudly announces the 14th edition of its flagship event, scheduled for Sunday, November 29th, 2026, at the iconic Temple Trees. Known for pushing boundaries and sparking dialogue, TEDxColombo 2026 promises another unforgettable day of insight, inspiration, and bold new ideas – brought […]
Port City Colombo Builds Investment Momentum Across UAE, Oman, and Qatar
High-level engagements strengthen regional partnerships and advance Port City Colombo’s Gulf investment strategy Port City Colombo hosted an exclusive investor forum at The St. Regis Abu Dhabi on 25th September 2026, bringing together senior UAE business leaders, investors, and institutional stakeholders for a focused morning of dialogue on Sri Lanka’s investment proposition and the opportunities […]
ADB approves $ 100 m to strengthen social protection and expand economic opportunities
The Asian Development Bank (ADB) yesterday said it has approved $ 100 million in financing to support reforms and investments that will strengthen social protection, economic inclusion, and well-being and resilience among the poor and elderly in Sri Lanka. The financing comprises a $50 million policy-based loan and a $50 million project loan. The ‘Promoting […]









