Sri Lanka’s expenditure on vehicle imports declined by 34% year-on-year in September 2026 compared to the corresponding period last year, according to the latest External Sector Performance Report released by the Central Bank of Sri Lanka (CBSL). During September, the total outlay for private and commercial vehicle imports stood at USD 188 million, maintaining a […]
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The European Union has agreed to provide a €10 million grant to Sri Lanka to strengthen sustainable trade relations and improve the country’s access to the European market. The four-year project aims to enhance institutional capacity in trade-related activities, support Sri Lanka in meeting international standards required by the EU market and promote trade initiatives […]
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Sri Lanka’s gem and jewellery industry is being called to take its place on a global platform as the JEWELS 2026 International Gem & Jewellery Exhibition & Competition takes place from 4–6 December 4-6, at Colombo Lotus Tower. Organised by the Gemmologists Association of Sri Lanka (GASL) under the theme ‘From Sri Lanka to the […]
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The Sri Lanka–Italy Business Council (SLITBC) of The Ceylon Chamber of Commerce held its 27th Annual General Meeting recently, electing a new leadership team for the year ahead and reflecting on the Council’s longstanding role in strengthening business ties between Sri Lanka and Italy. Dushy Jayaweera of the Acorn Group was elected President, while Shamil […]
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Hayleys Solar, the solar energy arm of Hayleys Fentons Limited, inaugurated two ground-mounted solar power projects in Kosgama. Comprising Kosgama I (2MW) and Kosgama II (3MW), the projects represent the second phase of Hayleys Solar’s planned 300MW ground-mounted solar portfolio. Equipped with 10,790 high-efficiency 640W solar panels, the installations are expected to generate approximately 9.9 […]
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Sri Lanka is stepping up efforts to expand export earnings and attract investment from the United Kingdom, using Sri Lanka Expo 2027 as a key platform to strengthen trade partnerships and secure new business opportunities. The Export Development Board (EDB), in collaboration with the Sri Lanka High Commission in the UK, conducted a two-day business […]
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The aroma of kebabs on the grill, the delicate layers of freshly prepared börek and a table filled with mezze: this October, Shangri-La Colombo invites diners to discover Türkiye through its food. Following the success of last year’s celebration, Flavours of Türkiye returns to Central Restaurant in collaboration with the Embassy of Türkiye, from 30 […]
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1956 ஆம் ஆண்டில் மெலிபன் தெருவில் ஒரு சிறிய பந்தய நிலையத்திலிருந்து, இன்று 11 பிரதான வணிக நிறுவனங்களுடனும் 2,000-க்கும் மேற்பட்ட பணியாளர்களுடனும் வளர்ச்சி அடைந்துள்ளது கொழும்பு, ஒக்டோபர் மாதம் 09 – இலங்கையின் வணிகம், அரசாங்கம், நிதி மற்றும் ஊடகத் துறைகளைச் சேர்ந்த 500 க்கும் மேற்பட்ட விருந்தினர்கள் கலந்துகொண்ட நிகழ்வொன்றின் மூலம், சுமதி ஹோல்டிங்ஸ் தனது 70 ஆண்டு நிறைவைக் கடந்த வெள்ளிக்கிழமை, மாதம் 09 ஆம் திகதி, கொழும்பு ஐடிசி ரத்னதீபா ஹோட்டலின் […]
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Economic policies essential to the country must be implemented irrespective of whether they are popular or unpopular among the general public, the Governor of the Central Bank of Sri Lanka (CBSL) Dr. Nandalal Weerasinghe has emphasised. Governor Weerasinghe made these remarks while delivering a lecture at the University of Kelaniya, highlighting the importance of taking […]
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Seylan Bank reported a Profit Before Tax (PBT) of LKR 14,044 Mn in Q3 2026, compared with LKR 12,809 Mn in Q3 2025, reflecting a year-on-year growth of 9.64%. For the nine months ended 30 September 2026, the Bank recorded a Profit After Tax (PAT) of LKR 9,116 Mn, an increase of 9.47% from LKR […]
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