Business and Economy

INSEE Sanstha Cement has once again been crowned the People’s Housing & Construction Brand of the Year at the SLIM Kantar People’s Awards 2026, achieving an unprecedented milestone of 15 consecutive wins. The outstanding achievement reflects the brand’s enduring leadership in Sri Lanka’s housing and construction sector, reinforced by theContinue Reading

HNB PLC, has rolled out its Avurudu cardholder offering for March and April 2026, combining seasonal savings and flexible payment options with a broader emphasis on the everyday value, convenience and flexibility HNB Cards bring to people. Through this year’s seasonal offers across shopping, travel, lifestyle, and day-to-day spending, the Bank isContinue Reading

Ceylon Cold Stores PLC (CCS) has once again affirmed its standing as a powerhouse in Sri Lanka’s export landscape, securing the Gold Award in the Large Category of the Confectionery Products Sector at the NCE Export Awards 2025. The accolade, presented at the awards ceremony held on February 13, recognisesContinue Reading

The Central Bank of Sri Lanka (CBSL) Governor Dr. Nandalal Weerasinghe stated that there is no need to restrict vehicle imports at this juncture as the country’s gross official foreign exchange reserves has increased to US$ 7.3 billion by end last month. He made these remarks in response to aContinue Reading

SLIC donated Rs. 10 million to the ‘Rebuild Sri Lanka’ Fund in support of families affected by the recent ‘Ditwah’ cyclone. The contribution was formally handed over to the Secretary to the Treasury, Dr. Harshana Suriyapperuma, at the Ministry of Finance, Planning and Economic Development on March 16. This donationContinue Reading

The Central Bank of Sri Lanka (CBSL) has decided to maintain the Overnight Policy Rate (OPR) at 7.75%, citing the need to balance stable inflation with emerging global risks, particularly those stemming from escalating geopolitical tensions in the Middle East. Governor of the CBSL Dr. Nandalal Weerasinghe said that theContinue Reading