• The local dairy sector must evolve into an efficient and productive enterprise – President President Anura Kumara Disanayake held a discussion this morning (03) at the Presidential Secretariat with senior officials of the Ministry of Agriculture, focusing on the revitalization of the local dairy industry. The meeting centred on the need to transform MILCO…
By Prof. Samitha Hettige The ‘International Organization for Mediation’ (IOMed) jointly proposed in 2022 by China & 18 other countries saw light last week in the Hong Kong Special Administrative Region (HK). China being the only permanent member of the UN Security Council which practices ‘one country many systems of government’ offered HK as it’s…
The All Share Price Index (ASPI) of the Colombo Stock Exchange closed at an all-time high today (03), after making significant gains before trading closed. Accordingly, the ASPI gained 234.50 points (1.38%) to close at 17,214.39. The previous record of 17,193.80 points was set on February 18, 2025. Meanwhile, the S&P SL20 has climbed 108.53…
Agriculture-rich diversified conglomerate CIC Holdings PLC (CSE: CIC) recorded steady revenue growth during the year ended 31 March 2025 (FY25), navigating macroeconomic headwinds and intense competition. The Group posted consolidated revenue of Rs. 83.3 billion, reflecting a 9.0% year-on-year (YoY) growth, driven by broad-based momentum across its core businesses. Group gross profit rose to Rs….
The Export Development Board (EDB) successfully conducted a networking and knowledge-sharing session with established exporters in five different product sectors (Tea, Spices & Coconut-Based Products, Processed Foods & Cashew Products, Ornamental Fish, and Herbal & Ayurvedic Products ) for new exporters and entrepreneurs on 22nd May 2025 at the “Training Arena,” 3rd Floor, EDB-NDB Tower,…
The Sri Lanka Convention Bureau (SLCB) successfully organized an educational session titled “Connecting Digital Marketing for Successful Business/ MICE Events” on 26th May 2025 at the Sri Lanka Institute of Tourism and Hotel Management Auditorium. This educational initiative attracted approximately 100 participants, comprising industry professionals and digital marketing enthusiasts, all keen to explore the strategic…
A total of 132,919 tourists have arrived in the country in May 2025, data from the Sri Lanka Tourism Development Authority (SLTDA) shows. This is an increase of 18.5% in comparison to the numbers arrived in May 2025. The May arrival figures are also an increase of 2.7% in comparison to the number of foreign…
SriLankan Airlines’ new Airbus A330-200 is set to touch down in Sri Lanka on Wednesday, 4 June 2025, but not before treating plane spotters to a low fly-past over Colombo and Katunayake. The aircraft, arriving on its delivery flight from Paris, will fly at an altitude of 1,500 feet along the Colombo shoreline, visible from…
The Sri Lanka Institute of Marketing (SLIM) has officially announced the launch of SLIM DIGIS 2.5, the country’s premier platform recognizing innovation and impact in digital marketing. SLIM DIGIS has firmly established itself as the benchmark for digital excellence in Sri Lanka. This year’s edition embraces a bold new identity under the theme “Futurecrafting Digital…
The Central Depository Systems (Pvt) Limited (CDS), a wholly owned subsidiary of the Colombo Stock Exchange (CSE), signed a Memorandum of Understanding (MoU) with Sampath Bank PLC to enhance the facilitation of Inward Investment Accounts (IIAs) for non-resident foreign individuals (FIs) in Sri Lanka. The CDS serves as the depository and custodian for securities traded…
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