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99x launches AI-Hub to increase visibility on AI-assisted workflows

Srilanka, Oct. 9 -- The 99x leadership also shared updates on the Group's global growth, evolving market outlook and the opportunities emerging for Sri Lankan technology talent in the AI era. The eve... Read More


Tax exemptions for residential real estate at Port City distort tax regime: Advocata Institute

Srilanka, Oct. 8 -- Residential real estate developments in Colombo Port City currently benefit from a range of tax exemptions and incentives, which create a highly distortionary and unequal tax regim... Read More


Seylan Bank Surpasses LKR 1 Trillion in Total Assets

Srilanka, Oct. 7 -- Seylan Bank PLC, has surpassed LKR 1 trillion in total assets, marking a significant milestone in the Bank's growth journey and strengthening its position among Sri Lanka's leading... Read More


ComBank unveils 'Prestige' Banking to empower clients to craft their legacy for growth

Srilanka, Oct. 7 -- New three-tier proposition combines bespoke banking, strategic wealth management, expert advisory, refined lifestyle privileges and enriching rewards The Commercial Bank of Ceylon... Read More


USS Tulsa Returns to Colombo for Scheduled Port Visit

India, Oct. 7 -- USS Tulsa (LCS 16), an Independence-variant littoral combat ship, arrived at the Port of Colombo on October 7, receiving a warm welcome from Sri Lanka as the ship returns for its seco... Read More


MTI & Skift to strategize for Sri Lanka's Global Tourism Campaign

https://www.lankabusinessonline.com/wp-content/uploads/2026/10/MTI-Skift.jpeg Srilanka, Oct. 6 -- Enabled by the World Bank's GFPP Skift, the world's largest tourism industry Intelligence consultanc... Read More


Sri Lanka's Economy Reaches Pre-Crisis Levels but Recovery Uneven, says World Bank Group

Srilanka, Oct. 6 -- Sri Lanka's economy reached a significant milestone, reaching pre-crisis levels. But the recovery remains incomplete and uneven, with household incomes and labor market outcomes st... Read More


Fitch Rates Merchant Bank of Sri Lanka's Proposed Subordinated Debt 'BBB+(EXP)(lka)'

Srilanka, Oct. 6 -- Fitch Ratings has assigned Merchant Bank of Sri Lanka & Finance PLC's (MBSL, A(lka)/Stable) proposed Sri Lankan rupee-denominated subordinated listed debentures of up to LKR1 billi... Read More


Counterterrorism Bill Retains Abusive Powers; Won't Meet Commitments to EU: Human Rights Watch

Srilanka, Oct. 6 -- The Sri Lankan government's latest attempt to replace its abusive Prevention of Terrorism Act (PTA) retains numerous provisions that have enabled serious human rights violations, H... Read More


PM Rings the Bell at CSE to Champion Financial Literacy and Investor Education

Srilanka, Oct. 6 -- As part of World Investor Week (WIW) 2026, the Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE) joined stock exchanges around the world in... Read More