In a strategic move to attract the growing Polish tourism market, the Sri Lanka Tourism Promotion Bureau (SLTPB) has partnered with The Barn House Sri Lanka to introduce “Whispers of Ceylon,” a novel wedding and engagement offering. This initiative, launched on 24th of August 2025, with a Polish couple, aims to position Sri Lanka as…
Sri Lanka has received USD 680.8 million in workers’ remittances in August 2025, according to the latest figures released by the Central Bank of Sri Lanka (CBSL). Accordingly, the total remittances from January to August 2025 reached USD 5.116 billion, up 19.3% from the same period last year (US$ 4.28 billion).
A new study by the Institute of Policy Studies of Sri Lanka (IPS) has revealed that cigarette smuggling occurs in various forms across the country, and a better understanding of these channels is necessary to develop policies that will curb smuggling, increase government revenue, and minimise the adverse health impacts. Despite high excise taxes aimed…
Yaden Laboratories Private Limited, 100% Sri Lankan owned pharmaceutical manufacturer in Katunayake Export Processing Zone Sri Lanka. It has been operational since Oct 2022, has achieved a significant milestone with its first export of Sterile Liquid Injectables to Zambia country in Africa. The company, which manufactures sterile formulation medicines, has been catering to the requirements…
Ethiopia’s leading operator, Ethio Telecom, in collaboration with Huawei, has announced the successful commercial deployment and stable operation of the first batch of Solar-on-Tower solution in Africa. This collaboration marks a new phase for Ethio Telecom in its push for a green, low-carbon transformation. It will advance clean energy applications, build a green network, and…
John Keells CG Auto (JKCG), wishes to update its customers and stakeholders on the ongoing legal proceedings in the Court of Appeal relating to some consignments of BYD vehicles being detained by Sri Lanka Customs. On 7th August 2025, in response to the Writ Application filed in the Court of Appeal, the Court ordered Sri…
Edotco Group Sdn Bhd’s subsidiary, Edotco Services Lanka (Private) Ltd, has been awarded Sri Lanka’s first telecommunications infrastructure services licences by the Telecommunications Regulatory Commission of Sri Lanka (TRCSL). In a statement on Wednesday, Edotco Group said the national initiative is designed to accelerate Sri Lanka’s digital transformation by enhancing infrastructure, building digital skills and strengthening…
CEAT Limited has made a substantial advancement in its Off-Highway Tyres (OHT) growth strategy by officially acquiring Michelin Group’s CAMSO Construction Compact Line Business, including their Sri Lanka-based Midigama plant and Casting Product plant in Kotugoda. This transaction also grants CEAT global ownership of the CAMSO brand, which will be permanently assigned across categories after a three-year…
The government has focused its attention on establishing a Task Force dedicated to promoting the tourism sector. “The decision was made with two main objectives of revitalizing the tourism industry and generating direct income growth for the national economy. This task force will be empowered to make decisions related to the promotion of the tourism…
The Commercial Bank of Ceylon recently reaffirmed its position as a trailblazer in digital payments and one of the main drivers of the Central Bank of Sri Lanka’s (CBSL) island-wide initiative to promote QR payments, when it actively championed QR-based financial transactions at the CBSL ‘Pay Digital Dambulla’ Promotional Campaign. Held at the Dambulla Dedicated…
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