Sri Lanka is making significant strides in the global movement toward sustainable tourism, with several key initiatives now reaching critical milestones. These efforts are helping to protect the island’s natural and cultural resources, enhance energy and resource efficiency, and most importantly, deliver real benefits to local communities. The concept of Sustainable Tourism Certification in Sri…
Ms. Kanishka Munasinghe, Vice President of the Listing Division at the Colombo Stock Exchange (CSE), outlines the strategic value of listing on a stock exchange, detailing the role of the Listing Division, followed by the benefits for companies, the broader economic impact, and the essential considerations entities must assess before going public. What is the…
DFCC Bank has supported businesses that aim to grow while minimising their environmental impact for years. Now, with a new USD 12 million funding facility from European impact investment platform Symbiotics, the Bank is scaling up that effort – this time with a focus on solar energy and small businesses across Sri Lanka. The funding,…
The Ceylon Chamber of Commerce, in collaboration with the Sri Lanka – Bangladesh Business Council, will host a visiting business delegation from the Dhaka Chamber of Commerce & Industry (DCCI), Bangladesh, on 17 June 2025 at the Hilton Colombo Residence. The delegation comprises 24 representatives from 22 Bangladeshi companies, spanning a wide range of sectors…
A discussion aimed at identifying strategies to attract tourists during the offseason was held last Friday (06) at the Presidential Secretariat, chaired by President Anura Kumara Disanayake, with the participation of key stakeholders in the tourism industry. The conversation focused on promoting Sri Lanka as a year-round travel destination, particularly during the offseason, enhancing the…
Vallibel One PLC (CSE: VONE), Sri Lanka’s leading diversified holding company, announced its consolidated financial results for the financial year ended 31 March 2025, reporting robust performance across all key metrics. The Group recorded consolidated revenue of Rs. 122.8 billion, reflecting a marginal year-on-year increase from Rs. 122.3 billion, driven by continued expansion across its…
Sri Lanka has received USD 641.7 million in workers’ remittances in May 2025, according to the latest figures released by the Central Bank of Sri Lanka (CBSL). Total remittances from January to May 2025 reached USD 3.10 billion, up 18.2% from the same period last year (USD 2.62 billion). Meanwhile, official figures show that earnings…
SriLankan Airlines flight UL306 from Colombo to Singapore was diverted to Medan Airport, Indonesia, yesterday (5th June) due to a technical issue. As the aircraft required additional time for repairs, all 93 passengers and eight crew members disembarked at Medan Airport. There was a delay in transferring passengers to hotels due to stringent immigration formalities at the…
Sri Lanka Tourism is set to launch its most awaited Nation Branding Campaign on June 26, 2025, in Colombo, bringing together key players from the public and private sectors to drive a unified vision for the country’s tourism sector. The landmark initiative, led by the Sri Lanka Tourism Promotion Bureau (SLTPB), aims to reposition Sri…
A progress review meeting on the projects implemented by the Ministry of Urban Development, Construction and Housing under the current budget allocations was held today (06) at the Presidential Secretariat, under the patronage of President Anura Kumara Dissanayake. The discussion focused extensively on the progress of urban development projects aimed at transforming Sri Lanka into…
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