COLOMBO, Sri Lanka, 4 August 2025 (ePRESS) – Commercial Bank of Ceylon’s green lending initiative has received overwhelming support from investors, leading to the oversubscription of the Bank’s Rs. 15 billion Green Bond on its opening day. The green bond issue, launched on Monday, 4 August, raised the full Rs. 10 billion from an initial…
Category Archives: Economy
COLOMBO, Sri Lanka, August 4, 2025 (ePRESS) – The Sri Lanka Ports Authority (SLPA) marked its 46th anniversary on Friday with religious observances at the Chaithya Premises, while unveiling major developments aimed at transforming the country’s ports into a global logistics hub. SLPA Chairman Admiral Sirimewan Ranasinghe said the organisation is undergoing a major transformation despite…
ANURADHAPURA, Sri Lanka, August 4, 2025 (ePRESS) – UN Women and Chrysalis, in partnership with the Government of Sri Lanka, have opened a one-stop Business Service Centre (BSC) in Anuradhapura, aiming to boost women-led and youth-led businesses in rural areas. The new centre was officially launched with the presence of Hon. Nimal Palihena, Member of Parliament…
KATUNAYAKA, Sri Lanka, Aug 3, 2025 (ePRESS) – Sri Lanka on Sunday launched a special 24/7 counter at Bandaranaike International Airport (BIA) to convert valid foreign driving licences into Sri Lankan licences, making life easier for tourists, foreign residents, and business travellers. The new Foreign Driving Licence Conversion Counter, set up at the airport’s arrival…
COLOMBO, Sri Lanka, August 3, 2025 (ePRESS) – The Commercial Bank of Ceylon has once again earned global recognition, becoming the only Sri Lankan bank to be ranked among the world’s Top 1000 Banks by The Banker magazine for the 13th time. Ranked 931st in the 2025 edition, Commercial Bank has retained its place as…
COLOMBO, Sri Lanka, August 3, 2025 (ePRESS) – CEAT, the top-selling tyre brand in Sri Lanka, has once again proven its dominance by being named the country’s Most Valuable Tyre Brand for 2025, according to the latest Brand Finance Lanka rankings. The report, released by Brand Finance – a leading global brand valuation consultancy –…
COLOMBO, Sri Lanka, August 3, 2025 (ePRESS) – Sri Lanka’s tourism industry saw a strong rebound in July 2025, with monthly arrivals crossing the 200,000 mark once again after three slower months. According to official figures, the country welcomed 200,244 visitors in July – an 8% rise compared to July last year. This growth ends a…
COLOMBO, Sri Lanka, August 3, 2025 (ePRESS) – Global casino giant Melco Resorts & Entertainment Ltd. opened its first South Asian property in Colombo this week, with Chairman Lawrence Ho declaring Sri Lanka could become “India’s Macau” — a booming gaming and tourism destination for Indian travellers. The $1.2 billion City of Dreams Sri Lanka…
COLOMBO, Sri Lanka, August 1, 2025 (ePRESS) – Amana Bank, Sri Lanka’s pioneering non-interest-based Islamic commercial bank, celebrated its 14th anniversary on August 1, 2025, marking a significant milestone in its journey since its inception in 2011. Starting with a limited branch network, Amana Bank has grown rapidly, now serving over 500,000 customers across 68 locations,…
COLOMBO, Sri Lanka, August 1, 2025 (ePRESS) – The Federation of Information Technology (FITIS) unveiled its strategic plan to help Sri Lanka reach its goal of building a $15 billion digital economy by 2030. At a special media event on Wednesday, FITIS Chairman Dr. Dayan Rajapakse outlined the steps needed to achieve this ambitious target. Sri…