BMW left overnight after puncture, found burnt; insurer rejects claim, commission orders Rs 70L
You leave your punctured car on the roadside and in the morning it is found burnt. Should the insurer give a payout?
Business
Sri Lanka business and economy news: markets, companies, trade, prices and the rupee, plus the regional and global business stories behind them.
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Anup Bagchi to steer HDFC Bank as RBI gives nod
RBI approves Anup Bagchi as HDFC Bank MD&CEO for three years, succeeding Jagdishan amid governance and investor-confidence challenges.
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How CEO decisions turn diversification into investment
Corporate decisions matter because economies are changing alongside markets, tech
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International Coffee Day: GCC eye global markets for Araku coffee
GCC promotes Araku coffee internationally, expanding markets for tribal farmers with government support and global recognition efforts.
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UAE's second retail treasury sukuk begins trading on Nasdaq Dubai
UAE's second retail treasury sukuk starts trading on Nasdaq Dubai, offering small investors a chance to invest in government-backed Islamic bonds from Dh1,000.
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Who is Captain Smit Machchhar? Dubai-based flydubai pilot hailed as hero after cockpit attack
Captain Smit Machchhar, a flydubai pilot, is hailed as a hero for averting disaster after a cockpit attack during a Dubai-Tel Aviv flight, saving 174 lives.
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TARAF and Mubadala to explore mixed-use waterfront development on Al Reem Island
TARAF and Mubadala join forces to develop a mixed-use waterfront project on Al Reem Island, spanning 655,000 sq. ft. with residential, retail, and commercial…
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First Capital Treasuries strengthens Board with experienced capital markets and treasury expertise
First Capital Treasuries PLC, a subsidiary of First Capital Holdings PLC and JXG (Janashakthi Group), has strengthened its Board with the appointment of Channa…
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Paperless Customs Declaration Process to Be Launched Today
A ceremony to launch the Paperless Customs Declaration Process, introduced jointly by the Revenue Administration Reforms and Modernisation Bureau of the…
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Now delivering: Uber Eats expands to Badulla, Bandarawela & Ella
Continued expansion brings Uber Eats to more communities across Sri Lanka Uber Eats is now live across Badulla, Bandarawela and Ella, bringing the convenience…
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Siyapatha Finance Extends Colombo Footprint with New Thalawathugoda Branch
Homegrown finance company Siyapatha Finance PLC successfully unveiled its 68th branch in Thalawathugoda, Colombo District, further expanding the Company’s…
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Lead Agencies Convene to Accelerate Implementation of National Export Development Plan 2026–2030
The Sri Lanka Export Development Board (EDB), in collaboration with the Ministry of Industry and Entrepreneurship Development, convened a coordination meeting…
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Ground Theory puts Sri Lankan Coffee in the Spotlight
This International Coffee Day, Ground Theory Coffee Roasters is inviting coffee lovers to discover the character of Sri Lankan coffee. With locally grown…
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Anup Kumar Saha to be next MD & CEO of Kotak Mahindra Bank; RBI clears appointment
RBI approves Anup Saha as Kotak Mahindra Bank's MD & CEO for three years from Jan 1, 2027, succeeding Ashok Vaswani.
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Maktoum bin Mohammed reviews draft federal budget for 2027
Sheikh Maktoum bin Mohammed reviews UAE federal budget draft for 2027, urging greater use of AI and advanced technologies to enhance financial planning, data…
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Buying gold in the UAE: How making charges affect your profits when selling
Buying gold in the UAE? Learn how making charges, VAT and buyback terms can erode profits and what it takes to break even when selling jewellery.
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Ceyline Group unveils ‘Roots for the Future’ national reforestation initiative to celebrate 40th Anniversary
Ceyline Group, the most diversified marine group in Sri Lanka, is celebrating its landmark 40th anniversary by launching ‘Roots for the Future’, a…
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Purple Mile brings a walk and an evening fiesta to Colombo this October
Bishop’s College Past Pupils’ Association is bringing Bishopians together for a walk, a fiesta and a cause that will shape the school’s future. There’s…
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Maldives’ 40% Dollar Conversion Rule is a gift for Sri Lanka’s Tourism Sector
Sri Lanka and other regional players to benefit By Jithendra Antonio On 31 August 2026, President Mohamed Muizzu signed the First Amendment to the Foreign…
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LAUGFS Holdings Limited Appoints Dhanusha Muthukumarana as Group Managing Director and Group Chief Executive Officer
LAUGFS Holdings Limited has appointed Mr. Dhanusha Muthukumarana as Group Managing Director and Group Chief Executive Officer, effective 1st October 2026. Mr.…
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Taste of Shangri-La Brings a World of Flavour to Colombo and Hambantota
Four distinctive dining experiences place Sri Lanka on Shangri-La’s global culinary map this October A plate can reveal a remarkable amount about a place: its…
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Reliance Consumer Products CEO to Deliver Keynote at SLEIS 2026
The Chief Executive Officer of Reliance Consumer Products Limited, Mr. Krishnakumar, popularly known as Kk, will deliver the keynote address on the opening day…
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Janashakthi Life recognized among Sri Lanka’s Top 20 Women-Friendly Workplaces 2026
Janashakthi Life, the flagship life insurance company of JXG (Janashakthi Group), has been recognised among Sri Lanka’s Top 20 Women-Friendly Workplaces 2026…
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Aberdeen Group’s Baraka Introduces ‘Deliciously Smart’ Gummies to Sri Lanka
Baraka, the trusted wellness brand under Aberdeen Holdings, has introduced Baraka Gummies – a new functional gummy range designed to make everyday wellness…
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Mention of possible future inflation dampens investor appetite
Stock investors were worried yesterday following Central Bank Governor Dr. Nandalal Weerasinghe’s mention at the CBSL monthly monetary policy review meet of…