Sri Lanka Export Development Board (EDB), in collaboration with the Sri Lanka–Maldives Business Council (SLMLBC) of The Ceylon Chamber of Commerce, facilitated the participation of Sri Lankan companies at Hotel Asia 2026 in the Maldives. The initiative created opportunities for Sri Lankan businesses to connect with buyers and potential partners, as well as engage with […]
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Sri Lanka welcomed 119,805 tourists during the first 22 days of October, registering a 5.03% year-on-year (YoY) increase, but cumulative arrivals remained 1.42% below the corresponding period last year as the industry entered its crucial winter season. The latest figures lifted year-to-date (YTD) arrivals to over 1.81 million, compared with over 1.83 million during the […]
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From a single betting shop on Maliban Street in 1956 to 11 principal businesses and more than 2,000 people Sumathi Holdings marked its 70th anniversary on Friday, 9 October, with a celebration at the Sangam Ballroom of ITC Ratnadipa, Colombo, attended by more than 500 guests from Sri Lanka’s business, government, financial and media communities. […]
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Sri Lanka’s central bank has called for expressions of interest from qualified parties to serve on a panel of administrators that could be appointed during the resolution of troubled licensed banks and finance companies. The Central Bank of Sri Lanka (CBSL) said the panel would be established for the purpose of resolving licensed banks and […]
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By Daham Gunaratna – Founder & Managing Director, Lanka Property Web Sri Lanka’s real estate market is witnessing growing interest in urban living and investment properties. As founder of Lanka Property Web, which marks its 20th anniversary next year, I have spent nearly two decades observing the evolution of the property market. Our platforms, LankaPropertyWeb.com […]
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The Sri Lanka–USA Business Council (SLUSABC) of The Ceylon Chamber of Commerce marked its 10th Annual General Meeting on October 14, at Hilton Colombo Residences, reflecting on a decade of business engagement between Sri Lanka and the United States and setting out its priorities for the year ahead. MAC Holdings (Pvt) Ltd, Group Director and […]
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The International Monetary Fund (IMF) projects Sri Lanka will raise $ 3 billion through International Sovereign Bond issues by 2028, but the Government will decide whether to tap global markets, Finance and Planning Deputy Minister Dr. Anil Jayantha Fernando told Parliament yesterday. The IMF’s combined fifth and sixth review staff report under the Extended Fund […]
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DFCC Bank has launched the DFCC Student File, bringing together tuition fee payments, education financing, foreign exchange services and selected travel benefits to help students and their families manage the financial arrangements associated with overseas education. Receiving a university admission is an important milestone, but it also begins a demanding period of financial planning. Families […]
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Three national awards recognise the Group’s commitment to environmental excellence, sustainable operations and responsible business practices David Pieris Group of Companies has secured two Gold Awards and one Silver Award at the Presidential Environment Awards 2026, recognising its continued commitment to environmental sustainability, innovation and responsible business practices. The awards recognise the environmental initiatives implemented […]
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Hayleys Solar, Sri Lanka’s No. 1 Solar EPC and MEP contractor, has introduced Sri Lanka’s first dedicated 24/7 Renewable Energy Operations Centre (ROC), enabling continuous monitoring and performance management of renewable energy assets through a centralised digital platform. Designed and technologically backed by Fentons Information Technology (FIT), the ICT arm of Hayleys Fentons, the ROC […]
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