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Sampath Bank launches Sri Lanka’s first community-powered book discovery platform at Colombo International Book Fair

Sampath Bank PLC has launched Sampath Book Finder, Sri Lanka’s first community-powered book discovery platform, giving visitors to the Colombo International Book Fair a faster and more seamless way to find the books they are looking for across the fair’s 150+ stalls, while also opening up new opportunities to discover titles recommended by fellow readers. […]

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Hayleys Mobility and Siyapatha Finance Partner to Offer Flexible Vehicle Financing

Hayleys Mobility Limited, the mobility sector of Hayleys Fentons Limited, has entered into a strategic partnership with Siyapatha Finance PLC through the signing of a Memorandum of Understanding (MoU), providing customers with greater access to flexible and tailored vehicle financing solutions across its growing passenger and commercial mobility portfolio. The partnership combines Hayleys Mobility’s expanding […]

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Pan Asia Bank’s Rs. 5 Bn debenture issue oversubscribed

Pan Asia Banking Corporation PLC’s Senior Listed Rated Unsecured Redeemable Debenture issue of up to Rs. 5 billion was oversubscribed following its opening yesterday, reflecting strong investor interest. The debentures, with a par value of Rs. 100 each, will be listed on the Colombo Stock Exchange (CSE). The three-year debentures offer an interest rate of […]

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Lead Agencies Convene to Accelerate Implementation of National Export Development Plan 2026–2030

The Sri Lanka Export Development Board (EDB), in collaboration with the Ministry of Industry and Entrepreneurship Development, convened a coordination meeting with the Lead Implementing Agencies of the National Export Development Plan (NEDP) 2026–2030 Tuesday, 29th September 2026, at the Auditorium of the Ministry of Industry and Entrepreneurship Development. The meeting brought together representatives of […]

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SLFFA Elects New Leadership at 45th AGM, Sets Sights on Positioning Colombo as Regional Cargo Hub

The Sri Lanka Logistics & Freight Forwarders’ Association (SLFFA) held its 45th Annual General Meeting (AGM) at the Cinnamon Grand Hotel in Colombo, electing new office bearers for the 2026/2027 term. The event was graced by Hon. Anura Karunathilaka, Minister of Ports and Civil Aviation, as Chief Guest, alongside Mr. W.W.S. Mangala, Secretary to the […]

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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 […]