As Sri Lanka looks to better position its mineral sands resources within a globally competitive and responsibly developed industrial framework, The Ceylon Chamber of Commerce will host a one-day Technical Conference on the mineral sands sector on 17 June at the Galle Face Hotel, Colombo from 9.00 a.m. to 5.00 p.m. As global demand for…
A business meeting between the Karachi Chamber of Commerce and Industry (KCCI) delegation and the Sri Lanka Export Development Board (EDB) was successfully held on 6th May 2026 at the EDB premises in Colombo, reaffirming the longstanding economic ties between Sri Lanka and Pakistan. The meeting was headed by Mr. Mangala Wijesinghe, Chairman and Chief…
Emirates remains the world’s most profitable airline The Emirates Group today released its 2025-26 Annual Report, achieving new record profit, revenue, and cash balance levels, despite a disruptive and challenging 12th month in its financial year. Emirates is the world’s most profitable airline in the 2025-26 reporting period. For the financial year ended 31 March 2026, the Emirates…
The US Dollar surged past the Rs. 320 threshold against the Sri Lankan Rupee today (07), marking the first time it has done so since January 23, 2024. According to market data, the mid-rate of the dollar stood at Rs. 320.45 today. The buying rate was recorded at Rs. 317.26, while the selling rate reached…
The Federation of Renewable Energy Developers (FRED), the apex body of renewable energy developers in Sri Lanka and an associate of the Ceylon Chamber of Commerce, warns that unless the Government steps in to resolve the financial crisis the industry is in due to the payment defaults by the National System Operator (Pvt) Limited (NSO),…
Reuters – Asian stocks soared to record highs on Thursday while the U.S. dollar slipped and oil nursed steep losses as traders embraced the prospect of a peace deal in the Middle East, although the fate of the critical Strait of Hormuz remains unresolved. Japan’s Nikkei returned from a long holiday to cross 62,000 for the first time,…
Reuters – China is remaking its Belt and Road for a more hostile world. Smaller projects, greater use of equity and an emphasis on compatible standards pushed deals linked to the initiative to a record $213 billion in 2025, according to research by Australia’s Griffith University and the Green Finance & Development Center (GFDC) in Shanghai….
The Colombo Stock Exchange (CSE) experienced a positive trading session today (06), with both major indices ending in positive territory. The All Share Price Index (ASPI) rose by 155.47 points (0.69%) to close at 22,739.77. Similarly, the S&P Sri Lanka 20 Index edged up by 31.89 points (0.51%), finishing the day at 6,245.13. The gain in…
Sri Lanka’s rupee continued to depreciate against the US dollar, with the selling rate climbing above Rs. 324 for the first time in over two years. AToday (06), the buying rate of the US dollar stood at Rs. 316.40, while the selling rate rose to Rs. 324.03. This is the first time the selling rate…
The Global Innovation & Leadership Summit, organized by Zee Media and WION International Media Network, was held last week at the Cinnamon Grand Colombo, bringing together distinguished leaders, policymakers, and business visionaries from Sri Lanka and India. The summit celebrated the achievements of selected Indian business leaders, recognizing their contributions to innovation and entrepreneurship while…
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