CEAT OHT Lanka (Pvt) Limited, a wholly owned subsidiary of CEAT Limited, India reassures employees that their jobs are secure, following the recent acquisition. The company recognizes the importance of ensuring a smooth and transparent transition prioritizing the wellbeing and job security of all employees. In December 2024, CEAT Ltd, the holding company, based in…
Representatives of Abu Dhabi National Oil Company Meet with Sri Lankan Delegation Led by Minister of Energy A discussion between representatives of the Abu Dhabi National Oil Company (ADNOC) and a Sri Lankan delegation led by Minister of Energy Kumara Jayakody, Minister of Labour and Deputy Minister of Economic Development Anil Jayantha Fernando, was held…
The overall rate of inflation, as measured by the Colombo Consumer Price Index (CCPI) on Year-on-Year basis, has increased to -0.7% in May 2025, compared to -2.0% in April 2025, according to the latest data released by the Department of Census and Statistics. The Y-on-Y inflation of Food Group increased to 5.2% in May 2025…
How did a bottle of chili paste from Sri Lanka make its way overseas and go viral in a Chinese live streaming? And how did a traditional handmade stool help revive the rural economy in Sri Lanka? What made a live streaming that sold out its inventory in just 3 minutes convince Sri Lankan entrepreneur Chiranjaya Udumullage of…
The Sri Lanka – China Trade and Investment Forum 2025, held today in Colombo, brought together over 115 senior representatives from 77 leading Chinese enterprises alongside key members of Sri Lanka’s public and private sectors. The high-level event was co-hosted by The Ceylon Chamber of Commerce, the Department of Commerce of Sri Lanka, the Sri…
Capital Alliance Holdings Limited (CSE: CALH) officially commenced trading on the Colombo Stock Exchange (CSE) this morning (May 30), following a highly successful IPO earlier this month. The company marked its entry with a ceremonial bell ringing at the CSE Trading Floor, where Chairman Dinesh de Zoysa rang the ceremonial bell to open trading, joined by…
Janashakthi Finance PLC (formerly known as Orient Finance PLC), an innovative and customer-focused non-banking financial institution and a subsidiary of JXG (Janashakthi Group), announced a strong financial performance for the financial year 2024/25, achieving notable growth across key indicators despite ongoing market challenges. The company reported a 34% growth in total assets, reaching LKR 27.4…
The China International Chamber of Commerce for the private sector visited the BOI to focus on win-win cooperation and innovation in collaboration with the government of Sri Lanka. The longstanding relationship with China, not only with diplomacy but also a longstanding trade and commerce relationship, was revisited in this high-level business delegation meeting by the…
Chinese Minister of Commerce Meets with President Chinese investors express keen interest in investing in Sri Lanka in light of the current government’s transparent policy framework The Minister of Commerce of the People’s Republic of China, Mr. Wang Wentao, who is currently on an official visit to Sri Lanka, met with President Anura Kumara Disanayake…
• Sri Lanka holds significant importance for both the European Union and Poland – Polish Foreign Minister Radosław Sikorski Minister of Foreign Affairs of the Republic of Poland, in the context of Poland’s Presidency of the Council of the European Union Radosław Sikorski, currently on an official visit to Sri Lanka, met with President Anura…
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