Demonstrating exceptional and consistent growth with market leading metrics including the largest customer base, Softlogic Life recorded a stellar financial performance in 2024. The company, which marked a Gross Written Premium (GWP) of just Rs. 3 billion in 2014, achieved a GWP of Rs. 31.6 billion by December 31, 2024, growing 10 times in 10…
The National Organic Control Unit (NOCU), the competent authority for organic agriculture in Sri Lanka under the Sri Lanka Export Development Board (EDB), launched its ambitious, islandwide initiative of awareness programmes to promote organic farming practices recently. As part of the national programme, the first awareness programme planned for 2025 was held successfully in Jaffna…
Appointment of a High-Level Task Force on Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) and Preparations for Sri Lanka’s Third Mutual Evaluation on AML/CFT Framework Sri Lanka’s third Mutual Evaluation on the Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) framework coordinated by the Asia Pacific Group on Money Laundering (APG) is…
Reuters – U.S. President Donald Trump said on Sunday he will introduce new 25% tariffs on all steel and aluminum imports into the U.S., on top of existing metals duties, in another major escalation of his trade policy overhaul. Trump, speaking to reporters on Air Force One on his way to the NFL Super Bowl in New Orleans,…
Digital Health, a subsidiary of Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider and leader in digital healthcare solutions, has introduced Pharma Connect – a next-generation pharmacy management system designed to revolutionise pharmacy operations across Sri Lanka. Developed with the vision of streamlining pharmacy operations, improving efficiency, and enhancing customer service, Pharma Connect empowers pharmacies…
The 10th Annual Outlook Report 2025 was officially launched by the Ceylon Chamber of Commerce at the Economic Review and Outlook 2025 seminar. This year’s theme, “Consolidating Stability; Fostering Sustainable Growth”, encapsulates Sri Lanka’s progress toward economic recovery and resilience. The keynote address was delivered by Dr. P. Nandalal Weerasinghe, Governor of the Central Bank…
Hambantota International Port (HIP) marked a significant milestone in January 2025, by successfully integrating High Sulphur Fuel Oil (HSFO) into its range of bunkering services. Now offering a complete suite of marine fuels, including Very Low Sulphur Fuel Oil (VLSFO) and Marine Gas Oil (MGO/MDO). This development strengthens Sri Lanka’s position in the global maritime…
Sri Lanka’s Sigiriya has been crowned the world’s most welcoming city for 2025 by Booking.com, based on over 360 million of its verified customer reviews. As part of the thirteenth edition of the Traveller Review Awards, Booking.com unveiled the 10 Most Welcoming Cities on Earth for 2025, along with tips and recommendations to help travelers…
Sinopec Fuel Oil Lanka (Pvt) Ltd. (SFOL) has announced the introduction of High Sulphur Fuel Oil (HSFO) to the Sri Lankan market for bunkering, a move that is set to transform the country’s maritime fuel sector. This strategic initiative underscores Sinopec’s commitment to customer-centric solutions, addressing a significant supply gap in Sri Lanka’s bunkering industry….
FitsAir, Sri Lanka’s leading low-cost airline, is pleased to announce the expansion of its Colombo-Dhaka service with the addition of two new weekly flights. Previously operating three times a week, the enhanced schedule will now offer five weekly flights, providing passengers with greater travel flexibility and convenience. The additional flights will operate from February 15…
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