Business
Sri Lanka National Aribitration Centre signs MOU with Bangladesh International Arbitration Centre
According to news reports in Bangladesh, a major development for the promotion of international dispute resolution services and cross border professional trade services was recorded through the collaboration, on the basis of an MOU, between the Sri Lanka National Arbitration Centre (SLNAC) and the Bangladesh International Arbitration Centre (BIAC), a press release said.
The release added: ‘This understanding will potentially lead to enhancing trade and investment relations between Bangladesh and Sri Lanka by facilitating the exchange of vital information and organization awareness of alternate dispute resolution amongst the business community.
‘Amongst the other activities planned includes the utilisation with other infrastructure facilities to conduct arbitration conciliatory proceedings, mediation and thereby optimizing resources and enhancing efficiency.
‘The presence of the chairman of the Board of Governors, Sri Lanka National Arbitration Centre Hiran de Alwis and the chairman of the Bangladesh International Arbitration Centre and president of the ICC Bangladesh Mahbubur Rahman underscores the importance of the possibilities. Mr Rahman detailed the existing scenario in Bangladesh and the long standing business ties in Sri Lanka and potential between the two countries to establish best practices within the region. He said that as a fast growing economy in South Asia new avenues for developing trade and investment should be promoted. He looked forward to visiting Colombo and meeting business and government leaders
‘The signing of the MOU would be a great impetus for new potential in bilateral relations between the two countries, underlining the promotion of international trade and services and through effective dispute resolution mechanisms.
‘Hiran de Alwis, the chairman of the Board of Governors, SLNAC, commended BIAC for its proactive role in promoting a Memorandum of Understanding and thereby promoting both countries and its peoples to work jointly for a more efficient and internationally recognized means for settlement of international trade and investment disputes under due process of law. He stated that Sri Lanka was the first to open the economy in 1977 in South Asia. He referred to the long established legal regimes in Sri Lanka and international treaties signed. He said this is the time for the South Asian economies to seize the moment and enhance trade and investment ties so that the business communities, professional services and the peoples of the region can enjoy the fruits of economic growth.
‘The Sri Lanka National Arbitration Centre established in 1985 is the prime institution in administering arbitration for the resolution of commercial disputes in the Country. Seedantha Kulathilake, Chief Executive of SLNAC, Muhammad (Rumee Ali), vice chairman of BIAC, signed the MOU on behalf of their respective organizations at the BIAC office in Dhaka, Bangladesh.
‘The respective chairmen and signatories were joined by Priyantha Gamage, Board Member and Johann Atapattu, Coordinator, SLNAC together with Priyanka Roy, Senior Counsel and Ms. Moyee Mina Haque on behalf of BIAC.’
Business
The Ceylon Chamber’s Commercial Document Registration Division expands export support
The Commercial Documents Registration Division (CDRD) of The Ceylon Chamber of Commerce has expanded its export support services with the introduction of the Free Sale Letter for Pharmaceuticals, providing Sri Lankan pharmaceutical manufacturers and exporters with an additional document certification service to support their export processes and compliance requirements in international markets.
The new service expands CDRD’s portfolio of trade documentation solutions, which includes Certificates of Origin and the certification of key commercial documents required by overseas buyers, customs authorities, and regulatory bodies. These services assist exporters across sectors by helping ensure their documentation meets applicable requirements for international trade.
Established in 1925 as one of the authorised institutions to issue Certificates of Origin in Sri Lanka, CDRD has supported the country’s international trade for nearly a century. Today, the Division provides certification and verification services to exporters, manufacturers, freight forwarders, logistics providers, and other trade stakeholders, supporting businesses in meeting documentation requirements for global markets.
In addition to pharmaceutical certification, CDRD facilitates the certification of Commercial Invoices, Packing Lists, Price Lists, Health Certificates, Phytosanitary Certificates, Certificates of Analysis, Bills of Lading, Survey Reports, Beneficiary Certificates, and other export-related documents. The Division also issues Free Sale Letters and Surveyor Appointment Letters, while supporting exporters through the Ministry of Foreign Affairs’ Electronic Document Attestation System (e-DAS), enabling secure and efficient document authentication.
Through established processes, digital solutions, and its e-service platform, CDRD continues to enhance the efficiency and accessibility of trade documentation services. Available 24/7 and 365 days of the year, the platform enables exporters to submit and manage documentation requirements conveniently while ensuring that certified documents meet internationally accepted requirements. By providing reliable documentation support and adapting its services to changing trade needs, the Division assists Sri Lankan businesses in managing export requirements and accessing international markets.
For more information on obtaining commercial document registration services, contact Achala via achala@chamber.lk / 0115588886
Business
Siyapatha Finance unveils newest branch in Bandarawela
Siyapatha Finance PLC recently expanded its island-wide footprint with the successful inauguration of its 64th branch in Bandarawela. Strategically located in scenic hill town in the Badulla District, the latest branch offers convenient and wider access to tailored, customer-centric financial solutions.
The branch was ceremoniously declared open by Siyapatha Finance PLC Chief Executive Officer (CEO) Mathisha Hewavitharana, joined by Chief Operating Officer (COO)Rajeev De Silva, Ms.D.M. Dewmi Tharindi, a student of Bandarawela Dharmapala Vidyalaya who won the Under-18 Girls’ 3,000m event at the Junior National Athletics Championship, the Senior Management and staff members as well as Traffic OIC Kandasami, Trade Association Secretary Sunanda Rathnayaka, representatives of the government and private banks and insurance companies and well-wishers.
Sharing his thoughts, Siyapatha Finance PLC CEO Mathisha Hewavitharana remarked: “We are deeply honoured to be of service to the people of Bandarawela. Opening this branch is a pivotal step in our 2026 expansion strategy and a reflection of our commitment to strengthen our presence in Sri Lanka. It is a region that showcases potential for greater economic development primarily through the country’s traditional agricultural practices. We look forward to reaching as many different communities as possible in the coming years.”
The Bandarawela branch offers a comprehensive product portfolio including leasing, fixed deposits, gold financing, business loans, personal loans, fast draft, and factoring to Smart Pay, the Company’s bill payment facility. With a thorough understanding about the current socio-economic dynamics of the region, the well-trained team at the newest branch is dedicated to providing flexible financial solutions to aspiring individuals as well as small and medium-scale enterprises (SMEs).
Business
Dialog recognised as Sri Lanka’s Most Loved Service and Telecommunications Brand for third consecutive year
Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, has once again been recognised as Sri Lanka’s Most Loved Brand in the Service and Telecommunications sectors, while also ranking among the top Corporate Brands in the LMD Brands Annual. Marking its third consecutive year at the top of both categories, the recognition reflects the company’s commitment to enriching Sri Lankan lives and enterprises through technology, while creating value for customers, communities and the nation.
The accolades were awarded through the LMD Brands Annual survey, conducted independently by PepperCube Consultants on behalf of Media Services. Based on responses from 400 readers across Sri Lanka, representing a broad demographic and geographic mix, the survey identified the brands that resonated most strongly with consumers in terms of trust, loyalty and brand affinity.
Lasantha Theverapperuma, Group Chief Marketing Officer of Dialog Axiata PLC said, “Being recognised as Sri Lanka’s Most Loved Brand across both the Service and Telecommunications sectors is a meaningful endorsement of the trust and confidence that Sri Lankans continue to place in Dialog. This recognition reflects our commitment to understanding and serving the evolving needs of our customers while expanding access to digital connectivity, services and opportunities. As we continue to innovate and grow, we remain focused on creating value for communities and supporting Sri Lanka’s digital and socioeconomic progress.”
The recognition also reflects Dialog’s continued focus on innovation, customer-centricity and investments that support Sri Lanka’s digital future, including expanded 5G connectivity, AI-powered digital experiences and broader access to digital services.
Beyond connectivity, Dialog continues to support communities, livelihoods and the environment through initiatives such as Govi Mithuru, which provides AI-driven agricultural advisory services to over one million farmers, and Shishyadhara, which has enabled subsidy distribution to more than 450,000 underprivileged students. The company also continues to advance its Net Zero 2050 ambition through energy optimisation, renewable energy adoption and the expansion of solar-powered network infrastructure.
Further underscoring the brand’s standing among Sri Lankan consumers, Dialog was also recognised as the ‘Service Brand of the Year’ for the fifth time and the ‘Telecommunication Brand of the Year’ for the 15th consecutive year at the SLIM-KANTAR People’s Awards 2026.
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