The external current account recorded a marginal surplus in March 2026, mainly supported by higher workers’ remittances and a lower primary income deficit, despite a widening of the trade deficit and a moderation in the services surplus compared to a year earlier. The cumulative current account surplus reached US$ 531 million during the first quarter […]
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The construction sector in Sri Lanka has shown continued growth, according to a latest report released by the Central Bank of Sri Lanka. The overall activity index for the construction sector recorded a value of 57.1 in March, which indicates that activity in the sector has continued to increase, albeit at a slightly slower pace […]
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SDB bank has been recognised at the LankaPay Technnovation Awards 2026, where its flagship digital payment wallet, UPay, received a Merit recognition in the Best Digital Payment Application for Retail Payments category. This accolade reflects the bank’s commitment to advancing digital financial services and promoting seamless, secure, and accessible payment solutions for retail banking customers […]
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The Bank of Ceylon (BOC) recently opened its Badalgama branch, yet another step towards delivering a modern banking experience and efficient service to customers. The new branch strengthens the Bank’s extensive network over 660 branches and more than 2,400 customer service centers across the island. Through this network, customers are able to seamlessly carry out […]
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As daylight softens and the island begins its quiet transformation into night, Shangri-La introduces Golden Hour—an evocative new cocktail ritual now unveiled at Shangri-La Colombo and Shangri-La Hambantota. More than a reimagined happy hour, Golden Hour is a sensory experience—where time slows, flavours deepen, and moments are designed to linger. Rooted in Shangri-La’s Asian heritage […]
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The Institute of Chemistry Ceylon (IChemC) hosted its second Open Day on April 25, at its Malabe campus as part of its enrollment campaign for the upcoming academic year. The event was designed to provide prospective students and parents with comprehensive insights into the degree and diploma programmes offered by its educational arm, the College […]
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A heartfelt celebration featuring a lavish brunch, live entertainment, and exclusive gifts in collaboration with Sothys Sri Lanka. Hilton Colombo celebrates Mother’s Day with ‘Graze Her with Love,’ a thoughtfully curated brunch experience at Graze Kitchen, the hotel’s signature all-day dining restaurant. Presenting delicious cuisine, live jazz atmosphere, and a celebratory atmosphere, this exclusive Mother’s […]
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At a pivotal stage where the Sri Lanka Export Credit Insurance Corporation (SLECIC) is building on a strong foundation and embracing a renewed strategic direction, the Corporation has announced the appointment of Upeksha Subasinghe as its new General Manager. Subasinghe is a seasoned professional with extensive experience in Human Resource Management, Administration and Leadership. He […]
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Smallholders of oil palm cultivation and experts in the economic agriculture sector emphasized that resuming oil palm cultivation can easily earn foreign exchange while quenching the local demand for edible oil. They pointed out that Sri Lanka is the only country in the world that has banned oil palm cultivation while countries like Malaysia, Indonesia, […]
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Sri Lanka Insurance Corporation General Limited (SLICGL) delivered a remarkable performance in 2025, reinforcing its position as Sri Lanka’s leading general insurer with outstanding results across key financial metrics. The company sustained a Gross Written Premium (GWP) of Rs. 30.3 billion, demonstrating the resilience of its diverse portfolio in a competitive and challenging environment. SLICGL’s […]
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