The Sri Lanka Apparel Exporters Association (SLAEA) hosted a high-level industry forum on July 9 at the Jetwing Hotel in Colombo 07, bringing together a diverse group of stakeholders to explore the growing relevance of the European Union’s Corporate Sustainability Due Diligence Directive (CSDDD). Designed to strengthen awareness and preparedness, the session focused on the…
Global travel website ‘Big 7 Travel’ has officially released its annual list of the top 50 best islands in the world and has ranked Sri Lanka in the first spot as ‘The Most Beautiful Island in the World’ for 2025. With destinations from across the globe, the list celebrates unique island experiences and inspiring places to explore…
Profit before Income Tax – LKR 8,444 Mn up by 15.18% Profit after Tax – LKR 5,489 Mn up by 20.41% Return on Equity (ROE) of 15.29% Total Capital Adequacy Ratio of 16.85% Impaired Loans (Stage 3) Ratio at 1.76% Liquidity Coverage Ratio (LCR) – All Currency of 295.22% and Rupee of 306.44% Seylan Bank…
John Keells CG Auto (Pvt) Ltd (JKCG), the authorized distributor of BYD vehicles in Sri Lanka, wishes to address recent news articles regarding a consignment of a select models of BYD vehicles. We are actively engaged in discussions with the relevant authorities to clarify the matters raised on the vehicle models and are providing all…
Emirates has announced the appointment of Jaber Mohamed as the airline’s Country Manager for Sri Lanka and Maldives, effective 1 August 2025. In his new post, Jaber will be responsible for supporting Emirates’ commercial objectives, overseeing the airline’s operations across the two island nations as well as maintaining crucial relations with various stakeholders. Jaber is…
The 34th Annual General Meeting of the Sri Lanka–Canada Business Council (SLCBC) of The Ceylon Chamber of Commerce was held on Thursday, 24th July 2025. The AGM was graced by His Excellency Eric Walsh, High Commissioner for Canada to Sri Lanka and Maldives as the Chief Guest, who delivered an inspiring keynote address, emphasizing the…
WindForce PLC, Sri Lanka’s leading renewable energy company, has officially commissioned the 10 MW Sooryashakthi Solar Power Project in Vavunativu, Batticaloa. The inauguration took place on July 26, 2025, marking a significant milestone in the country’s transition to clean energy. Developed in collaboration with Vidullanka PLC, the project was executed under WindForce’s full Engineering, Procurement,…
SriLankan Airlines has been named the ‘Best Airline for South Asia’ at the recently held International Tourism Conclave and Travel Awards in Delhi, India, cementing its position at the pinnacle of the region’s aviation landscape. The award honours SriLankan’s expansive, next-level network connecting South Asia to the world, its signature Sri Lankan hospitality and the…
(Reuters) – CK Hutchison, opens new tab said on Monday it was in talks with a consortium pursuing its $22.8 billion ports business to add a Chinese “major strategic investor” to the bid, after Beijing flagged a probe into the deal amid heightened Sino-U.S. tension. The Hong Kong-based conglomerate made the comment the day after…
Reuters – Top U.S. and Chinese economic officials met in Stockholm on Monday for more than five hours of talks aimed at resolving longstanding economic disputes at the centre of a trade war between the world’s top two economies, seeking to extend a truce by three months. U.S. Treasury Chief Scott Bessent was part of a U.S….
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