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Reuters – Asian stocks climbed and oil prices were choppy on Monday as investors considered the implications of U.S. military action in Venezuela to prepare for a packed week of economic data releases in the first full trading week of the year. MSCI’s broadest index of Asia-Pacific shares outside Japan, opens new tab was up…
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Asiri Health partners with the Information and Communication Technology Agency of Sri Lanka (ICTA) to support and accelerate the growth of HealthTech startups, marking a significant step in strengthening Sri Lanka’s innovation-led healthcare ecosystem. This strategic collaboration was unveiled during ‘Global Entrepreneurship Week 2025’, at a HealthTech startup pitching session organized by ICTA. At the…
Evolution Auto has successfully delivered the first batch of IM 6 electric vehicles to customers in Sri Lanka, marking a significant milestone for the brand and reaffirming its commitment to delivering premium, future-ready electric mobility solutions to the local market. Following the brand’s official launch, the first IM 6 units were delivered. This is more…
According to new data from Kaspersky, over 117 million phishing links were clicked in the APAC region in 2025 – all of which were detected and blocked by Kaspersky solutions. Not everyone uses protective solutions on their devices however, and phishing remains one of the most prevalent cyber threats, with attackers luring users to fake…
In the wake of the recent flood disaster that affected several parts of Sri Lanka, the Sri Lanka Institute of Information Technology (SLIIT) reaffirmed its commitment to national recovery and community development through a series of impactful initiatives aimed at restoring education, infrastructure, and livelihoods. Marking a significant beginning, SLIIT contributed at a national level…
HUTCH has been awarded the prestigious ‘Customer Champion’ Award – Growth Category at the recently concluded International Fast Mode Awards. The recognition celebrates HUTCH’s leadership in redefining customer experience and delivering exceptional value through effective adoption of new-age technologies. HUTCH has spearheaded hyper-personalization to a new international benchmark through big data technologies, AI-driven insights, whilst…
TRI‑ZEN, a landmark residential development by John Keells Properties, continues to redefine urban living with a thoughtful blend of design, technology, and lifestyle-focused amenities. Comprising three towers with a total of 897 residential units, TRI‑ZEN integrates smart home features with a comprehensive suite of facilities that cater to contemporary city life. Residents enjoy multiple swimming…
Nihon Kohden Sri Lanka recently held a lifesaving skills training session for staff personnel at the Japan International Cooperation Agency (JICA) Sri Lanka on Cardiopulmonary Resuscitation (CPR) using an Automated External Defibrillator (AED). Partnering with the Resuscitation Council of the College of Anaesthesiologists & Intensivists of Sri Lanka, and its local partner, Hemas Surgicals &…
Sarvodaya Development Finance PLC (SDF), in collaboration with Fintechnology Asia Pacific Lanka Pvt Ltd (FINAP), has officially launched CIXOR PayDay, a next-generation digital WageTech platform that enables employees to access a portion of their earned wages in real time, while giving employers a structured and capital-efficient way to offer this benefit. Positioned as a financial…
As geopolitical upheavals increasingly shape business outcomes, IQ Global has partnered with the Centre for Law & Security Studies (CLASS) to launch the region’s first “GeoStrategy × Business Design” programme, an initiative that aims to redefine how senior leaders prepare for a world where disruption has become the norm. From shifting trade alliances to sudden…
Ranyan Industries (Pvt) Ltd., the creators of the prestigious Amami brand, has been honored with the Sliver Award and Top Achiever Award in the Small Category at the CNCI Achievers Awards 2025, organized by the Ceylon National Chamber of Industries in collaboration with the Ministry of Industry and Entrepreneurship Development. The grand ceremony, held at…
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Flash Health, a Sri Lankan healthtech startup building cashless, on-demand outpatient care, has raised a US $200,000 seed round led by nVentures, with participation from angel investors across Sri Lanka, Singapore, and the United States. The funding comes as Flash Health expands its footprint across insurers, large employers, and healthcare providers, positioning itself as one…
FACETS Sri Lanka 2026 was officially inaugurated at Cinnamon Life – The City of Dreams, marking a significant milestone for Asia’s premier gem and jewellery exhibition. Now in its 33rd edition, the exhibition opens with a bold, future-focused vision that celebrates Sri Lanka’s rich gem heritage while positioning the industry for its next phase of…
The Colombo Stock Exchange (CSE) began the new year on a highly positive note, with robust investor participation driving significant gains in key indices on the first trading day of 2026. The benchmark All Share Price Index (ASPI) surged by 239.77 points today (02), marking a 1.06% increase compared to the previous closing. Meanwhile, the…
The Port of #Colombo reached a defining point in 2025 by recording a throughput of 8,291,178 TEUs, the highest volume ever handled in its history. This result follows a strong performance in 2024, when the port processed 7,792,069 TEUs, and affirms Colombo’s standing as the leading container hub in South Asia. The year-on-year increase reflects…
The Sri Lanka Export Development Board (EDB) recently hosted a networking session at its premises in Colombo, aimed at equipping new and prospective exporters with the knowledge and connections needed to succeed in international markets. A large number of entrepreneurs preparing to enter the export sector participated in the session, during which experienced industry professionals…
Sri Lanka’s economy could experience growth exceeding initial projections in 2026, driven by reconstruction and rebuilding activities following Cyclone Ditwa, according to Dr. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka. In an interview on Ada Derana’s “Hydepark” program aired on January 1, Weerasinghe highlighted the potential for economic stimulus from government spending,…
Diversified conglomerate Sunshine Holdings PLC (CSE: SUN) has been included in the S&P Sri Lanka 20 Index, following the 2025 year-end index rebalance announced by the Colombo Stock Exchange (CSE) and S&P Dow Jones Indices. The inclusion takes effect from 22 December 2025, after market closing on 19 December 2025. The S&P Sri Lanka 20…
TikTok today shared the top searched words on the platform in Sri Lanka in 2025, offering a snapshot of what Sri Lankans were most curious about this year — from the celebrities and creators they follow, to the music and dramas they can’t stop talking about, the places they’re planning to visit, and the moments…
Analysis
A new study by the Institute of Policy Studies of Sri Lanka (IPS) has revealed the extent and nature of sexual and gender-based violence (SGBV) experienced by Sri Lankan female migrant domestic workers in the Middle East. The research underscores the urgent need for stronger protection frameworks to safeguard this vulnerable group and reduce their…
By Prof. Samitha Hettige Sri Lankans defeated their Socialist government in 1977 due to reasons including corruption which may have been a result of far too state controls. The successive government ruled for 17 years & was later referred to as the 17 year curse by some. During the period most senior public officials started…
Business Sentiment: Confidence Shattered By Nature Sri Lanka’s fragile economic recovery suffered a major setback with Cyclone Ditwah – the most destructive natural disaster to strike the island since the 2004 tsunami. And just as some signs of stabilisation were emerging, the widespread destruction has pushed recovery timelines further out. Officials estimate reconstruction costs of up…
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