Amãna Bank continued its strong profitability momentum by nearly doubling its profits in Q3 to reach a YTD PBT of LKR 2.7 billion (39% YoY) and PAT of LKR 1.6 billion (44% YoY), setting a new record by achieving the Bank’s 2024 full-year PBT in 9 months. During Q3,PBTsoaredby 91% YoY to LKR 1.2 billion […]
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Reaffirming its commitment to empowering future generations through education, Seylan Bank recently opened its 293rd Pahasara Library at Ranpokunugama Maha Vidyalaya, Ranpokunugama, marking another significant milestone in the Bank’s journey towards establishing 300 Pahasara Libraries across Sri Lanka. The library was opened in the presence of Ajith Wijesundara Deputy Zonal Director Western Province; Chamila Withana Area Manager West Region […]
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The People’s Bank Okanda Dansel Committee – Ampara conducted its 25th Annual Dansel Programme on July 17, at the entrance to Kumana National Park in support of devotees undertaking the sacred Kataragama Pada Yatra. The programme was graced by the participation of Prof. Narada Fernando, Chairman of People’s Bank. Among those in attendance were K.M.P.P. Kulathunga (Regional Manager […]
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The Sri Lanka Excise Department has recorded a significant 32.2% increase in revenue within just nine months following the implementation of a new digital security sticker system for locally manufactured liquor. Total revenue during this period reached Rs. 124.6 billion, a surge attributed to the digital system’s ability to recover taxes that previously went unpaid. […]
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Vietnam’s leading low-cost carrier, VietJet, launched its inaugural direct flight service between Colombo and Ho Chi Minh Cityon Saturday (18), strengthening air connectivity between Sri Lanka and Vietnam while opening new opportunities for tourism, trade and investment. The new service, which commenced on July 18, is expected to facilitate greater travel between the two countries […]
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Sampath Bank PLC was recognised at the Sumathi Awards 2026, with the digital commercial created for its flagship CSR initiative, Wewata Jeewayak, earning Runner-Up honours in the Digital Commercial Awards category. The commercial highlighted the resilience of Sri Lanka’s farming communities while drawing attention to the importance of preserving the nation’s agricultural heritage and sustaining […]
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The Federation of Indian Chambers of Commerce and Industry (FICCI) Business Roundtable Discussion was held in New Delhi July 16 under the patronage of Minister of Industries and Entrepreneurship Development, Sunil Handunnetti, and with the participation of the Sri Lankan High Commissioner to India. The delegation had the opportunity to engage in a fruitful exchange […]
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Human skill and creativity cannot be replaced by artificial intelligence. The biggest demand in the world now is for skills that are combined with competency-based education. Now there is ChatGPT and other sources for the youngsters to gain knowledge on varied subjects, provided they know the language, Deputy Minister of Industry and Entrepreneurship Development, Chathuranga […]
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The Export Development Board (EDB) reaffirmed its commitment to expanding Sri Lanka’s gem and jewellery exports, with Chairman Mangala Wijesinghe expressing confidence that FACETS Sri Lanka 2027 will help the industry achieve its target of US$1 billion in export earnings by 2030. Addressing the launch of the 34th edition of FACETS Sri Lanka, Wijesinghe described […]
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Organizations should act now to stay ahead of new regulations As sustainability requirements reshape global trade, businesses should begin preparing for key developments such as EmpCo, PPWR, EUDR, and ESG reporting expectations. SRI LANKAN EXPORTERS targeting the European Union are being urged to prepare immediately for sweeping new sustainability regulations that will fundamentally change how […]
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