A high-level Sri Lanka-China Trade and Investment Forum will be held in Colombo on May 30, 2025, hosted by The Ceylon Chamber of Commerce and the Department of Commerce of Sri Lanka, together with the Sri Lanka – China Business Council of the Ceylon Chamber, and the China Chamber of Commerce for Import and Export…
Reuters – Microsoft (MSFT.O), opens new tab said on Tuesday it was laying off less than 3% of its workforce, or around 6,000 employees, as the technology giant looks to rein in costs while funneling billions of dollars into its ambitious bet on artificial intelligence. The cuts will be across all levels and geographies and…
The Ceylon Chamber of Commerce is proud to announce the Sri Lanka Economic and Investment Summit 2025, taking place on 2 – 3 December at the Shangri-La Hotel, Colombo. Held under the theme “Gateway to Growth – Asia’s Emerging Opportunity,” the high-profile summit will be a flagship event on Sri Lanka’s economic calendar. As Sri…
The SLT Group has reported a Profit After Tax (PAT) of Rs. 2,001 million for the first quarter ended March 31, 2025, a surge from Rs. 156 million in Q1 2024, reflecting effective financial management and improved operational efficiency. SLT Group demonstrated strong performance for the first quarter of 2025, with revenue increasing 3.4% to…
Fitch Ratings: The Joint Statement on US-China Economic and Trade Meeting in Geneva published on 12 May appears to be a significant de-escalation of the trade war between the two countries, Fitch Ratings says. But in the absence of a lasting deal, uncertainty over where tariff rates will settle and the impact of those already…
Living sanctuary for Sri Lanka’ rich biodiversity Dipped Products PLC (DPL), a leading exporter of premium hand protection solutions, has unveiled its pioneering EcoPulse Nature Reserve—an innovative biodiversity haven—at the heart of its Hanwella manufacturing facility. Spanning two acres in Sri Lanka’s lush low country wet zone, the EcoPulse Nature Reserve marks the first phase…
Dialog Enterprise, the corporate solutions arm of Dialog Axiata PLC, has strengthened its partnership with Check Point Software Technologies Ltd., a global leader in cybersecurity, through South Asian Technologies Group, to offer advanced security solutions that protect Sri Lankan businesses from emerging cyber threats. This expanded collaboration focuses on enhancing enterprise cybersecurity by delivering cutting-edge…
The Seventh Disney Destination Will Extend the Company’s Global Reach and Captivate New Audiences in a Thriving, Dynamic Hub The Collaboration Exemplifies Abu Dhabi’s Continued Commitment to Sustainable Growth, Positioning Travel and Tourism as Key Pillars of a Thriving Future The Walt Disney Company (NYSE: DIS) and Miral, Abu Dhabi’s leading creator of immersive destinations and experiences, announced…
Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, announced the launch of the IAX (India Asia Xpress) submarine cable system—a significant investment aimed at bolstering Sri Lanka’s international network and future-proofing the country’s digital infrastructure. Consequently, Dialog’s total investments in international connectivity infrastructure surpassed USD 100 million. This milestone was achieved through collaborative efforts with…
Model, Actress, and Author Emily Ratajkowski Joined The Celebration CHAGEE (pronounced “Cha-G”), a leading premium tea drinks brand, has opened its first U.S. flagship store in Westfield Century City. The multifaceted grand opening celebration continues through May 11. Emily Ratajkowski, a model, actress, and author appeared at the grand opening celebration and ribbon-cutting ceremony on Friday, May 9….
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