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Seylan Tikiri introduces online account opening

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Seylan Bank has introduced online account opening for Seylan Tikiri, the number one minor savings brand in the market in line with its responsible banking principles. The initiative will ensure greater safety and convenience for its youngest customers and parents with minimal physical interaction, whilst continuing to inculcate the habit of savings in Children.

Seylan Bank has been at the forefront of offering digital banking solutions for customers, and the online account opening option is the latest in a long line of solutions by the Bank tailored to minimise the need for customers to visit physical locations for their banking needs. Parents who wish to open a Seylan Tikiri Account for their children can simply visit www.seylan.lk to complete the application process for a new account. To maximize customer safety Parents/Guardians only need to spend a minimal amount of time to sign and receive the physical savings passbook at their branch of choice at their convenience. The Bank will then be in touch with the Parents/Guardians directly to complete formalities and get their little ones’ savings journey started.

The Bank’s continuous strategic focus on technology advancement and digitization has enabled it to overcome the many challenges posed by the COVID-19 pandemic. Seylan Bank recently unveiled a data centre to make digital banking seamless for customers and announced a tie-up with PayHere to empower Sri Lankan businesses with online payments. Most recently, Seylan Bank received massive public support for its #ResponsibleMe campaign, conceptualized to highlight the importance of self-awareness and individual responsibility in ensuring the safety of all Sri Lankan citizens in the COVID-19 pandemic.

Seylan Tikiri offers a world of benefits to its young customers; and parents who are yet to experience the value of the number one minor savings brand can visit the Seylan Bank FB page at www.facebook.com/SeylanBank, the Bank’s website – www.seylan.lk, or call 200 88 88 for more details on Seylan Tikiri Minor Savings Accounts.


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Lanka Business TV’s “Wiyawasayakaya” Business and Investment Summit in Galle

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Lanka Business TV successfully concluded another impactful edition of its flagship “Wiyawasayakaya” Business and Investment Summit at the prestigious Radisson Blu Hotel, Galle. The one-day event drew a highly engaged crowd of more than 250 attendees — comprising entrepreneurs, aspiring business owners, investors, and members of the public keen to strengthen their economic and financial literacy.

The summit forms part of Lanka Business TV’s ongoing island-wide mission to democratize access to high-quality business education and investment knowledge.

Speaking at the event, Jayantha Kovilagodage, Founder and CEO of Lanka Business TV, emphasized the growing demand for such initiatives:

“We launched ‘Wiyawasayakaya’ with a clear purpose: to equip ordinary Sri Lankans with practical economic knowledge and confidence to make informed financial decisions. The tremendous response we continue to receive — this being the seventh successful summit across different districts — clearly demonstrates the vital need for these accessible, high-value platforms.”

Key Highlights of the Galle Summit

Keynote Address delivered by Dr. Ranil Sugathadasa, renowned CEO Advisor and Trainer.

Guest of Honour Speech by Dudley Sirisena, Chairman of the Araliya Group.

Expert-led sessions featuring:

Ruwan Perera, CEO – NDB Wealth Management

Dr. Chaminda Weerasiriwardena, Senior Psychological Counselor and Therapist

N.A. Aruna Wijesiri, Deputy Director – Central Bank of Sri Lanka

The programme combined strategic business insights, investment guidance, psychological aspects of entrepreneurship, and macroeconomic perspectives — delivering well-rounded value to participants.

Adding to the excitement, attendees participated in engaging activities and lucky draws. A major highlight was the grand prize: a return air ticket to Bangkok, which was awarded to one fortunate participant.

Buoyed by the consistent enthusiasm across the country, Lanka Business TV has already commenced planning for multiple “Wiyawasayakaya” summits throughout 2026, with the goal of reaching even more districts and communities.

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Bourse continues in a bearish sulk as M-E crisis continues to take a toll

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The CSE yesterday too struck a bearish note due to global tensions in West Asia, the fuel crisis and weak economic growth, market analysts were quoted saying.

The All Share Price Index closed down 2.41 percent, or 505.48 points, at 20,433.78 while the S&P SL20 closed down 1.94 percent, or 114.34 points at 5,770.59.

Turnover was Rs 5 billion with eight crossings. Top seven crossings were reported in JKH, where 222 million shares crossed to the tune of Rs 422 million; its shares traded at Rs 19, Tokyo Cement 1.2 million shares crossed for Rs 114.7 million and its shares traded at Rs 89.80, ACL Cables one million shares crossed for Rs 86.6 million; its shares traded at Rs 86, HNB 200,000 shares crossed for Rs 79 million; its shares sold at Rs 395, Prime Lands Residencies 1.6 million shares crossed to the tune of Rs 72.9 million; its shares traded at Rs 45, Lanka IOC 298386 shares crossed for Rs 42.9 million; its shares sold at Rs 144 and Access Engineering 500,000 shares crossed for Rs 34.2 million; its shares traded at Rs 68.50.

In the retail market companies that mainly contributed to the turnover were; Softlogic Capital Rs 324 million (24 million shares traded), ACL Cables Rs 205 million (2.4 million shares traded), Prime Lands Residencies Rs 185 million (four million shares traded), Sampath Bank Rs 171 million (1.1 million shares traded), JKH Rs 169 million (8.9 million shares traded), Softlogic Holdings Rs 160 million (13.2 million shares traded) and Access Engineering Rs 133.8 million (1.9 million shares traded). During the day 273.8 million share volumes changed hands in 51718 transactions.

It is said that mixed reactions noted throughout the day. Manufacturing sector, especially JKH, performed well while the banking sector, especially Commercial Bank and Sampath Bank, performed well too. Further, real estate sector stocks were also significantly traded, especially Prime Lands and Access Engineering.

Top negative contributors to the ASPI were Commercial Bank (down Rs 5.50 at 193), Hayleys (down Rs 8.50 at 205), and Colombo Dockyard (down Rs 10.75 at 108.75).

Yesterday the rupee was quoted at Rs 311.40/60 to the US dollar in the spot market, from Rs 311.50/60 the previous day, dealers said, while bond yields were broadly unchanged.

By Hiran H Senewiratne

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Clarification

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In the article published in yesterday’s edition regarding the possible impact of Middle East tensions on travel flows, the Chairman of the Sri Lanka Tourism Development Authority was incorrectly identified as Harsha Suriyapperuma. The reference should have been to Buddhika Hewawasam, Chairman of the Sri Lanka Tourism Development Authority. The error is regretted.

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