Seylan Bank conducts SME Scale-Up Programme for farmers in Tissamaharama
Seylan Bank recently conducted an SME Scale-Up Programme for farmers in Tissamaharama, equipping participants with the financial management knowledge, business insights and banking solutions needed to strengthen and sustainably expand…
Binance Adds U.S. Stock Options to its Multi-Asset Platform
Building on its U.S. equities offering, Binance expands access to options on selected U.S. stocks and ETFs for eligible users Binance recently announced it will begin offering options on 1,000+…
France targets Shein and Temu with fast fashion fees
France has started imposing fees on fast fashion items which could reach almost €20 per garment by 2030, as the government tries to curb sales of cheap clothing sold by…
Meta to pay up to $18bn to settle claims its platforms harm children
Social media giant Meta has agreed to a $18bn (£13.3bn) settlement with US states and territories to resolve claims that Facebook and Instagram harmed children. A California judge approved the…
Prime Minister to Headline Sri Lanka Economic and Investment Summit Session on Sri Lanka’s Digital Future
Hon. Dr. Harini Amarasuriya, Prime Minister of Sri Lanka, will deliver the keynote address at a special session on day 2 of the Sri Lanka Economic & Investment Summit 2026…
HP Signs Wi-Fi Patent Licensing Deal With U.S.-Sanctioned Huawei
SHENZHEN/PALO ALTO — U.S. personal computing giant HP Inc. and sanctioned Chinese telecommunications firm Huawei Technologies Co. have signed a multi-year global patent cross-licensing agreement covering Wi-Fi 6 and Wi-Fi…
Chandana Guniyangoda assumes duties as new Chairman of People’s Bank
Chandana Guniyangoda assumed duties as the new Chairman of People’s Bank on August 25, at a ceremony held at the Bank’s Head Office. The occasion was attended by the former…
AI Academy and Tomorrow University Bring German AI Degrees to Colombo Through Work-Study Model
Sri Lankan students and working professionals will be able to earn degrees from Germany’s state-recognised Tomorrow University of Applied Sciences while building real-world work experience in Colombo, following a new…
Aventude Commits US$1 Million to Skarpa.ai
A strategic investment to accelerate development of the platform ahead of its market launch. Aventude Pte Ltd, the award-winning AI-native software engineering firm, today announced a US$1 million commitment to…
Asia Capital Wins LKR 1.5 Billion Debt Rebate as Restructuring Crosses a Challenging Chapter
Yudhi and Raju Radha Revive One of Sri Lanka’s First Investment Banks COLOMBO, Asia Capital PLC has taken a major step in strengthening its financial position after successfully securing a…