Top News

Sri Lanka Hosts the 52nd Annual Session and Meetings of the International Pepper Community

The Spices & Allied Products Producers’ and Traders’ Association (SAPPTA)- is an Approved Association of the Ceylon Chamber of Commerce –  in collaboration with the Spice Council of Sri Lanka (TSC) and the Department of Export Agriculture (DEA), proudly hosted the 52nd Annual Session and Meetings of the International Pepper Community (IPC) along with the…

(0)Comments | November 22, 2024 1:39 pm

NDB Conducts Investor and Analysts Earnings Call on Q3 2024 Financial Results

National Development Bank PLC hosted its Investor and Analysts Earnings Call on November 19, 2024, following the release of the financial results for the third quarter of the financial year ended September 30, 2024. The session, led by Kelum Edirisinghe, Director and Chief Executive Officer of NDB Bank, alongside the bank’s senior management team, was…

(0)Comments | November 22, 2024 1:17 pm

Consulate General of Sri Lanka in Karachi facilitates the visit of Pakistan business delegation to Sri Lanka

The Pakistan-Sri Lanka Business Forum (PSLBF), in collaboration with the Sri Lanka Consulate General in Karachi, organized the visit of a Pakistan business delegation to Sri Lanka from 28 to 31 October 2024. The visit of the 18-member delegation, representing 15 companies from export, import, and investment sectors was aimed at strengthening business relations between…

(0)Comments | November 22, 2024 12:44 pm

Sri Lanka’s inflation rate drops to minus 0.7% in October

(Reuters) – Sri Lanka’s consumer price inflation reached minus 0.7% year-on-year in October after easing to minus 0.2% in September, official data showed on Thursday, as the island nation continued its economic rebound. The National Consumer Price Index. captures broad retail price inflation and is released with a lag of 21 days every month. The…

(0)Comments | November 22, 2024 9:56 am

Sri Lanka revealed as Most Popular Solo Travel Destination for 2025

Solo travellers are getting older and are increasingly drawn to Asian destinations – with Sri Lanka securing the most popular spot for 2025, says new data from Flash Pack. Olivia Palamountain reports Flash Pack‘s latest trends report reveals Sri Lanka has claimed the top spot for solo travel in 2025, advancing from fourth place in…

(0)Comments | November 21, 2024 4:38 pm

Sri Lanka: one of the best ethical and sustainable sourcing destinations

Sri Lanka Embassy in Brussels participated at the European Parliament ‘Fair-Trade Breakfast-2024’, on 13th November 2024, highlighting Sri Lanka as one of the best ethical and sustainable sourcing destinations in the world. The event was organized by the ‘Fair Trade Advocacy’ Office in Belgium and hosted by the European Parliament’s ‘Fair Trade Working Group’ and…

(0)Comments | November 21, 2024 3:49 pm

Reducing Sovereign Stresses Will Support Sri Lankan Banks’ Credit Profiles

Fitch Ratings:  Sri Lankan banks’ operating environment (OE) assessment and overall credit profiles will be supported by any improvement in the sovereign’s credit profile (Long-Term Foreign-Currency IDR: RD, Long-Term Local-Currency IDR: CCC-) following a completed debt restructuring, says Fitch Ratings. This is due to the strong link between sovereign financial health and banks’ operating conditions. We believe…

(0)Comments | November 21, 2024 1:55 pm

Jetstar Asia Takes Off to Colombo

Jetstar Asia (3K) celebrated the launch of its direct flights between Singapore and Colombo today, as the Singapore carrier becomes the only low-cost airline to operate the route. Flight 3K333, departed from Singapore’s Changi Airport this morning, heralding the start of more affordable and convenient options for travellers wanting to explore Sri Lanka’s vibrant and…

(0)Comments | November 21, 2024 1:20 pm

SriLankan Airlines Wins Prestigious 2025 APEX Best Entertainment Award in Central/Southern Asia

SriLankan Airlines has won the prestigious 2025 APEX Best Entertainment Award in Central/Southern Asia at the FTE APEX Asia Expo, held on 20 November 2024 in Singapore. The APEX Awards are entirely based on certified passenger feedback, with over a million flights across 600 airlines rated on experience metrics such as seat comfort, cabin service,…

(0)Comments | November 21, 2024 12:30 pm

Strengthening Economic Ties: Launch of the Sri Lanka Business Council of the Maldives to Unlock Bilateral Opportunities

The Sri Lanka Business Council of the Maldives (SLBCM) was officially launched on November 12, 2024, at Hotel Jen Male’. The event was attended by Ministers, High Commissioners, the Ambassadors, prominent Sri Lankan and Maldivian business leaders, government officials, and dignitaries. This initiative, conceptualized and spearheaded by Sri Lanka’s High Commissioner to the Maldives Ranga…

(0)Comments | November 21, 2024 11:36 am