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SDB Bank modernises digital banking infrastructure with IBM

Sri Lanka, June 8 -- SDB Bank, one of Sri Lanka's leading regulated banks, has collaborated with IBM (NYSE: IBM) and South Asian Technologies (SAT), an IBM business partner, to modernise its digital b... Read More


Commercial Bank extends operations to Port City Colombo

Sri Lanka, June 8 -- Reinforcing its commitment to support the nation's next phase of economic transformation, Commercial Bank of Ceylon PLC's new branch in Port City Colombo will bring world-class ba... Read More


Jewellers urge VAT revision as gold trade declines by 75%

Sri Lanka, June 8 -- The jewellery industry has suffered a dramatic downturn, with the market shrinking by nearly 75 percent due to the high Value Added Tax (VAT) imposed on gold, according to the Pet... Read More


LB Finance surpasses Rs. 25 Bn pre-tax profit on exponential loan portfolio growth

Sri Lanka, June 8 -- LB Finance PLC reported a landmark financial performance for the year ended 31 March 2026, becoming one of the few non-bank financial institutions in Sri Lanka to surpass the Rs. ... Read More


New investments reinforce Colombo Port City's role as a catalyst for economic growth

Sri Lanka, June 8 -- Colombo Port City has achieved a significant milestone in its development as a regional investment and business hub following Cabinet approval for 77 Businesses of Strategic Impor... Read More


SL's total export revenue focused to exceed US$ 18 Bn by end of 2026

Sri Lanka, June 8 -- The garment industry is the main contributor to Sri Lanka's export earnings, and out of the export earnings of US$ 17.25 billion in 2025, US$ 4.9 billion has been received from th... Read More


Care in name only?

Sri Lanka, June 8 -- We all cherish our lives and want to live, if only for one second more. Even individuals who attempt suicide often plead with doctors to save them once they are admitted to hospit... Read More


Three siblings drown in sea in Puttalam

Sri Lanka, June 8 -- A tragic incident has been reported from the Daluwa area on the Puttalam-Kalpitiya Road, where three siblings drowned while bathing in the sea. The incident occurred at around 6:... Read More


Two hundred smart classrooms for cyclone-affected schools by Rotary

Sri Lanka, June 8 -- Rotary District 3220 Sri Lanka and Maldives has started a project to support cyclone-affected schools in line with the Government initiative of education reforms, with digital tra... Read More


Ceylon Freight and Logistics Association calls for streamlining industry

Sri Lanka, June 8 -- The Ceylon Freight and Logistics Association expressed grave concern over the adverse impacts of ongoing global geopolitical conflicts on the island nation's economy, calling for ... Read More