In a landmark move to enhance regional air connectivity, Belavia Airlines, the National Air Carrier of the Republic of Belarus, has officially entered the Sri Lankan market through a strategic partnership with Far East Air Services (FEAS). This collaboration marks the beginning of a new era in aviation cooperation, paving the way for expanded travel,…
The Chief Internal Auditor’s Forum of Banks appointed its 7th committee at the Annual General Meeting held on 30th July 2025. Dulan Abeyratne (HSBC) was appointed as the President, Saaraa Warnakulasooriya (NTB) as Vice President, Jeyabalasingam Pirathapan (SCB) as Secretary, and Jayan Fernando (DFCC) as Treasurer. Other members of the committee include Numair Cassim [Amana…
The Planters’ Association of Ceylon (PA) is urging the government to act swiftly to lift the ban on oil palm cultivation, warning that with each passing day, the losses to the nation keep growing. The PA noted that an estimated amount of over US $175 million has been spent on edible oil imports between 2021…
The Securities and Exchange Commission of Sri Lanka (SEC) celebrated its 38th Anniversary with a bell-ringing ceremony held at the trading floor of the Colombo Stock Exchange (CSE) on 30th October 2025. The event was attended by senior management of both the SEC and the CSE, along with the staff from both organizations. The ceremony began…
President Anura Kumara Dissanayake has appointed Western Province Governor Hanif Yusoof as the President’s Special Envoy for Foreign Investment. The appointment has been made in accordance with the powers vested in the President under Article 41(1) of the Constitution. It recognises Mr Yusoof’s experience in global investment partnerships and his long-term contribution to the development…
The Sri Lanka Purchasing Managers’ Index for Construction (PMI – Construction), as reflected by the Total Activity Index, reached 67.6 in September 2025, recording the strongest increase in activity observed since late 2021. The respondents highlighted that the persistent availability of project opportunities has provided a steady underpinning for growth in the construction sector. Most…
Janashakthi Finance PLC, formerly known as Orient Finance PLC and a subsidiary of JXG (Janashakthi Group) announced a solid financial performance for the first half of the financial year ended 30th September 2025, reporting strong growth across key business metrics and continued progress in executing its long-term strategic priorities. The Company delivered a Profit Before…
Sri Lanka has endured extraordinary hardships in recent years. Families lost savings to inflation and debt restructuring, and public trust in the system is thin. As we prepare for the 2026 parliamentary budget speech, we cannot afford another round of quick fixes or symbolic gestures. The coming years must deliver credible, targeted reforms that restore…
Financial Assistance from the Asian Development Bank (ADB) for the Second Integrated Road Investment Program (i Road 2)- Tranche 5 The Government of Sri Lanka has successfully concluded discussions with the Asian Development Bank (ADB) to mobilize a loan amounting to USD 90 million under the Second Integrated Road Investment Program (iRoad 2) – Tranche…
Voyage Sri Lanka 2025, the international marine summit organised by the Sri Lanka Export Development Board (EDB), has concluded, recording a massive success. Held on 16 October 2025, at the Kingsbury Hotel in Colombo, the event surpassed expectations, drawing over 250 local and overseas delegates from about 06 countries. Building on the momentum from its…
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