The Ceylon Chamber of Commerce and the Maldives Business Chamber have entered into a Memorandum of Understanding (MoU) that will create new opportunities for businesses in Sri Lanka and the Maldives to expand trade, investment, and commercial partnerships. The signing took place in the presence of Hon. Wasantha Samarasinghe, Minister of Trade, Commerce, Food Security…
The Colombo Stock Exchange (CSE) and the UN Global Compact today marked a significant milestone in advancing responsible business in Sri Lanka with a ceremonial Ring the Bell for Responsible Business event and the launch of the Responsible Business Coalition—a landmark partnership designed to embed sustainability, strengthened governance and the Ten Principles of the UN…
A team of officials led by the Chairman of the Sri Lanka Export Development Board (EDB) recently conducted an observation visit to Ashadi Jewellers (Pvt) Ltd, one of the country’s leading jewelry manufacturing enterprises. The visit aimed to assess and provide the necessary support to strengthen the company’s export capabilities. Established in 1988, Ashadi Jewellers…
Ministerial-level talks address investment climate reforms, market access and a deeper European–Sri Lanka partnership The Government of Sri Lanka and the European Union (EU) held the Sri Lanka-European Union Investment Dialogue; a high-level policy engagement convened at the Shangri-La Colombo on 31 July 2026. The session brought together senior Sri Lankan Government officials, EU Ambassador…
The National SME Forum organised by The Ceylon Chamber of Commerce brought Sri Lanka’s SMEs and the wider business ecosystem together to connect businesses with markets, finance, expertise and support for growth. The Forum focused on supporting SMEs by addressing the issues that directly influence an SME’s ability to expand, including market access, procurement, standards…
Reuters – Sri Lanka’s central bank sees no need for more interest rate increases this year after its big, unexpected hike in May, with inflation expected to peak around current levels before easing back towards the 5% target next year, Governor P. Nandalal Weerasinghe told Reuters on Tuesday. Sri Lanka’s central bank surprised the markets…
A meeting between President Anura Kumara Dissanayake and a senior delegation from China Communications Construction Company Limited (CCCC), led by Zhang Bingnan, was held Tuesday afternoon (11) at the Presidential Secretariat. The meeting focused primarily on projects currently being implemented and proposed future projects centred on Colombo Port City. Senior representatives of CCCC noted that…
The Committee on Ways and Means emphasized the importance of utilizing digital technology, broadening the tax base, and strengthening institutional capacity to enhance the efficiency of Sri Lanka’s tax system, while reviewing the country’s fiscal performance, progress in tax revenue collection, and ongoing tax administration reforms. These matters were discussed at a recent meeting of…
Fitch Ratings has upgraded AMW Capital Leasing And Finance PLC’s (AMWCL) National Long-Term Rating to ‘BBB+(lka)’ from ‘BBB(lka)’. The Outlook is Stable. Key Rating Drivers Parent’s Improved Ability to Support: The upgrade of AMWCL’s national rating and the Stable Outlook reflect our view that the credit profile of its parent, Associated Motorways (Private) Limited (AMW), has…
Ministers review bilateral initiatives such as the proposed India-Sri Lanka HVDC interconnection and the Sampur Solar Power Project, among others The Hindu Businessline: India and Sri Lanka on Friday reviewed bilateral cooperation in the power sector at a meeting in New Delhi. The Indian delegation was led by Union Minister of Power and Housing &…
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