The barometer’s record high loses momentum as pre-budget caution weighs on sentiment The beginning of November saw the presentation of Budget 2026, which largely mirrored the previous year’s proposals. While the budget did not introduce any major reforms, the president assured that Sri Lanka is on track to regain the economic output lost during the…
The Ministry of Industries has launched a mechanism to collect data on industries affected by Cyclone Ditwaa. The Ministry is requesting affected industrialists to provide information to this data system as quickly as possible, and the collection of necessary information for this data system is scheduled to be completed by 2 PM on December 16th,…
Apple CEO Tim Cook has announced that the company will make donations to relief and rebuilding efforts across several Asian countries including in Sri Lanka that were hit by floods, landslides and strong winds in recent days. The Apple CEO noted storms across Thailand, Indonesia, Malaysia and Sri Lanka have devastated communities and thoughts are…
Sri Lanka continues to receive extensive international humanitarian support in response to the devastation caused by Cyclone Ditwah, which has resulted in significant loss of life, widespread destruction and the displacement of hundreds of thousands of people across the country. Nations and international organisations have expressed solidarity and deployed emergency relief as recovery operations intensify….
The Ceylon Chamber of Commerce (CCC) today (02) kicked off the Sri Lanka Economic & Investment Summit 2025 at the Shangri-La Colombo with a strong call for unity, resilience, and renewed economic ambition. Delivering the keynote welcome, Chairperson Krishan Balendra said the Summit—held amid the national aftermath of Cyclone Ditwah—carries “greater meaning,” serving not only as…
TikTok has announced the launch of a new search guide designed to help users in Sri Lanka access authoritative and up-to-date information during the ongoing floods after cyclone Ditwah. As part of TikTok’s continued efforts to promote safety and factual awareness on its platform, the guide will provide verified information to counter misinformation trends surrounding…
In line with the Government’s programme to provide relief to those affected by the adverse weather conditions, the Sri Lanka Dawoodi Bohra community has donated Rs. 10 million to support relief efforts. On behalf of His Holiness Syedna Mufaddal Saifuddin, the global head of the Dawoodi Bohra community, the donation cheque was handed over by…
Hemas Holdings Announces Board-Level Leadership Changes Hemas Holdings PLC today announced upcoming changes to its Board of Directors, reflecting the Group’s commitment to strong governance and a seamless leadership transition. Mr. Husein Esufally, who has served Hemas for over four decades in various leadership capacities including Group Chief Executive Officer and Chairman, will retire from…
The government of China has announced a donation of USD 1 million in cash for on-going disaster relief operations in Sri Lanka. The Chinese Embassy in Sri Lanka said in addition to the cash donation, further RMB 10 million worth of relief supplies have pledged to Sri Lanka. The Embassy noted that the pledge reaffirms…
A flight carrying humanitarian assistance from the United Arab Emirates (UAE) for those affected by the recent disaster situation in Sri Lanka arrived in the country early this morning (02). The consignment includes a range of essential humanitarian supplies, including essential food items, safety kits and tents, to communities impacted by the disaster. The relief…
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