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Union Bank Sri Lanka upgrades card platform with BPC

Union Bank modernised its credit card business by implementing BPC SmartVista, a unified payment platform designed to provide greater control over product development, integrations, data management and customer experience in Sri Lanka. The deployment enabled Union Bank to gain operational control and improve its ability to deliver secure and enhanced credit card services. The new […]

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DFCC Bank Signs Master Trade Loan Agreement with India Exim Bank

DFCC Bank has signed a Master Trade Loan Agreement with the Export-Import Bank of India under its Trade Assistance Programme, expanding the Bank’s capacity to support trade between Sri Lanka and India. The agreement was signed on 22 September 2026 by Thimal Perera, Director/Chief Executive Officer of DFCC Bank; Prins Perera, Senior Vice President – […]

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SL targets 4 m tourists, $ 8 b revenue in 2030

Sri Lanka aims to attract four million tourists annually and generate $ 8 billion in tourism revenue by 2030, Prime Minister Dr Harini Amarasuriya said, speaking at the 2026 World Tourism Day celebrations held on Sunday (27) at the Western Province Council Auditorium under the theme Digital Agenda and Artificial Intelligence to Redesign Tourism. Prime […]

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CBSL maintains overnight policy rate at 8.75%

The Central Bank of Sri Lanka (CBSL) has decided to maintain the Overnight Policy Rate at 8.75%, citing evolving domestic and global economic conditions. The Monetary Policy Board noted that domestic economic activity remained resilient, with the economy recording 4.7% year-on-year growth in the first half of 2026. Headline inflation rose to 8% in August […]

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People’s Bank celebrates World Children’s Day and World Elder’s Day with special benefits

People’s Bank, one of the country’s leading banks, marked World Children’s Day and World Elder’s Day, celebrated annually on October 1, by reaffirming its commitment to supporting the children of the nation while offering a range of special benefits to senior citizens. Deputy General Manager Retail Banking A.U.A. Anzar said: “Children represent the future of […]

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CSE & Global Green Growth Institute Invite Applications for Technical Assistance on GSS+ Bond Listings

The Colombo Stock Exchange (CSE) and the Global Green Growth Institute (GGGI) have announced that prospective issuers of Green, Social, Sustainable and Sustainability Linked (GSS+) bonds can now apply to receive technical assistance from GGGI. The call for applications has been published on the CSE website and will remain open until 26th October 2026. Through […]

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Classic Travel Crowned Sri Lanka’s Leading Travel Company as Classic Travel and Classic Destinations Win Double Honours at the World Travel Awards 2026

Classic Travel, a longstanding leader in Sri Lanka’s corporate travel sector and the outbound travel arm of the Expolanka Leisure Cluster, has further strengthened its industry standing by securing one of the industry’s most prestigious accolades at the World Travel Awards 2026. With more than three decades of experience serving the evolving travel needs of […]