The Central Bank Has Changed the Rules on Big Bank Exposure. Why Does It Matter?
When a bank lends too much to one borrower or one connected group, it is not only that borrower taking…
Category: BUSINESS
Sri Lanka Is Moving Closer to the World’s Biggest Trading Bloc. What Would We Have to Give in Return?
Sri Lanka’s attempt to enter RCEP has moved another step forward. Access to a market stretching from China and Japan…
Banking Supervision Shamed: Rs 13.2 Billion. One Bank. And a Disclosure That Started at Rs 380 Million
NDB’s alleged fraud was initially disclosed at Rs 380 million. Four days later it became Rs 13.2 billion – 35…
People’s Leasing Asked for Rs 10 Billion. Investors Offered More
A Rs 10 billion debenture issue by People’s Leasing & Finance has been oversubscribed. It is another sign that money…
Businesses Can Now Distribute Press Releases Across Multiple Digital News Platforms Through One Submission
COLOMBO — Companies, organizations, professionals and event organizers can now distribute corporate announcements, product launches, appointments, events and other newsworthy communications…
Moscow to Colombo Returns. Will the Bookings Follow?
Aeroflot plans to restart direct services on October 3, offering Sri Lanka’s tourism businesses another opening ahead of the winter…
Predictiv AI’s SHIFT AI Completes Logistics Platform for Prompt Xpress Sri Lanka, Enabling Per-Package Revenue Model
TORONTO, CANADA / COLOMBO, SRI LANKA — September 2026 — Predictiv AI Inc. (“Predictiv AI” or the “Company”) announces a significant…
US$ 127 Million, but How Much Is Actually Coming into Sri Lanka?
Prime Melwa’s Port City development has been presented as a US$127.6 million investment and its marina-front project as a major…
The Taxman Gave Back Rs 82 Billion. Is Something Actually Working?
Sri Lanka’s Inland Revenue Department says it has refunded more than Rs 82 billion in VAT, with virtually all eligible…
LankaBIZ Expands Business Intelligence Services for Sri Lankan Businesses and Investors
COLOMBO, Sri Lanka — September 13, 2026 — LankaBIZ is positioning itself as a comprehensive digital business-intelligence platform for Sri Lanka,…
