Sri Lanka’s financial system remained stable during the first half of 2026, supported by economic recovery, improved fiscal performance and adequate capital and liquidity buffers, although rising household borrowing and external uncertainties pose emerging risks, the Central Bank of Sri Lanka (CBSL) said. In its Financial Stability Review 2026, released yesterday, the Central Bank highlighted […]
Reinforcing its commitment to digital education and future-ready skills, the Commercial Bank of Ceylon has reached a significant milestone in its contribution to Sri Lanka’s education sector with the opening of its 200th STEM (Science, Technology, Engineering and Mathematics) classroom at Agamethi Balika Maha Vidyalaya in Panadura. This facility extends a long running programme that […]
David Pieris Group (DPG), one of Sri Lanka’s leading diversified conglomerates, continues to strengthen its commitment to responsible business practices by investing in the development and awareness of its key product & services providers. As part of this ongoing commitment, the group organised an Awareness, Compliance & DPG Good Practices for approximately 70 outsourced service […]
The Government is placing exports at the centre of its growth strategy, backing a new national export plan with a commitment to policy consistency, wider trade agreements and new incentives, the Export Development Board (EDB) said yesterday, as it urged foreign investors to help Sri Lanka move into higher-value global supply chains. Speaking at the […]
Powered by SLID & ACCA to Upskill Sri Lanka’s Corporate Governance & Decision makers Sustainability is increasingly shaping how organisations approach strategy, risk, governance and long-term value creation. For Directors and senior executives, understanding these areas is becoming essential to making informed decisions and responding to changing regulatory, stakeholder and business expectations. Recognizing this need, […]
Seylan Bank PLC, has surpassed LKR 1 trillion in total assets, marking a significant milestone in the Bank’s growth journey and strengthening its position among Sri Lanka’s leading private sector banks. The Bank reached the milestone in September 2026, becoming the fourth private sector bank in Sri Lanka to achieve this landmark. Surpassing LKR 1 […]
In response to emerging climate risks, the Commercial Bank of Ceylon has launched a proactive initiative through its Development Credit Department, to equip Sri Lanka’s agricultural sector against the potential impacts of the 2026 El Niño climate pattern. Seeking to move the industry from reactive loss management to early climate preparedness, the Bank partnered with […]
Pan Asia Bank partnered with the National Chamber of Commerce of Sri Lanka (NCCSL) to strengthen entrepreneurial capabilities. In line with the bank’s sustainable development goals and its memorandum of understanding with the NCCSL, Pan Asia Bank organised SME development workshops in collaboration with the chamber, focusing on the entrepreneurs in the SME sector, export-oriented […]
Ten emerging startups took centre stage at First Capital Startup Nation by Hatch Demo Day 2026, marking a significant step in their journey from building innovative businesses to accessing capital, industry connections and international opportunities. Held on 1 October at Trace Expert City, the Demo Day brought together founders participating in the 2026 programme before […]
SDB bank has appointed Manoj Akmeemana as chief executive officer, placing the career banker in charge of the institution’s operations and strategic direction. The bank said Akmeemana brings more than three decades of experience in Sri Lanka’s financial sector, including work in retail banking, corporate banking, risk, recoveries and institutional management. Before joining SDB bank, […]