Sathosa Motors PLC (SML), the authorized dealer for Isuzu automobiles in Sri Lanka, has entered into a strategic sponsorship partnership with CR & FC Premier Rugby Club, becoming an Official Co-Sponsor of the club until 2028. The sponsorship agreement was formally signed at the CR & FC Grounds, Colombo, in the presence of senior representatives […]
Continue Reading
DoubleTree by Hilton Weerawila Rajawarna Resort is celebrating a significant international achievement, securing three prestigious titles at the 2026 World Luxury Awards. With one national and two regional honors, the resort has earned recognition across three of its defining offerings: exceptional accommodation, family holidays and destination weddings. The resort received the titles of Best Presidential […]
Continue Reading
Sri Lanka’s rupee was quoted at 332.70/80 to the US dollar spot on Wednesday, weaker from 332.65/70 the previous day, while bond yields were quoted lower, dealers said. An auction of 90,000 million rupees Treasury bills was ongoing. A bond maturing on 01.03.2030 was quoted at 11.35/45 percent. A bond maturing on 01.08.2030 was quoted […]
Continue Reading
The Ceylon Chamber of Commerce and its Sri Lanka-China Business Council (SLCHBC) hosted a business delegation from China’s Yunnan Province, bringing together companies from a wide range of sectors to explore trade, investment and commercial partnerships with Sri Lankan businesses. The delegation, led by the Yunnan Provincial Federation of Industry and Commerce, included representatives from […]
Continue Reading
The Sri Lanka Export Development Board (EDB), in collaboration with the International Finance Corporation (IFC) and the European Union (EU), successfully conducted the final pitching event of batch III of ExpoScaleUp, designed to help Sri Lankan SMEs become more competitive and expand into global markets. Supported through the EU’s regional Accelerating Climate Smart and Inclusive […]
Continue Reading
The continued upward trend in real estate prices, together with the banking sector’s increasing exposure to real estate activities, warrants continued monitoring, the Central Bank of Sri Lanka (CBSL) said, warning that a sharp correction in property prices could spill over to the financial system. In its recent Financial Stability Review 2026, the CBSL said […]
Continue Reading
Milestone celebration highlights SLID’s contribution to boardroom excellence, responsible business and the future of corporate governance in Sri Lanka. Colombo, 3 November 2026 – The Sri Lanka Institute of Directors (SLID) celebrated 25 years of advancing corporate governance and boardroom leadership with a ceremonial Ring the Bell event at the Colombo Stock Exchange (CSE), marking a significant […]
Continue Reading
Sri Lanka welcomed 168,625 international tourists in October, with India continuing to dominate the tourism market, according to the latest figures released by the Sri Lanka Tourism Development Authority (SLTDA). India accounted for 62,211 arrivals, representing 37% of all tourists who visited Sri Lanka during the month. The United Kingdom was the second-largest source market, […]
Continue Reading
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 […]
Continue Reading
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 […]
Continue Reading