The Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE) in collaboration with the Sri Lanka – USA Business Council (SLUSABC), hosted an insightful session titled “Leveraging Diverse Capital Solutions: A Pathway to Business Agility and Resilience” at Shangri-La Colombo. The event brought together key stakeholders exploring opportunities within Sri…
Continuing to strengthen its role as a key automotive shipment hub, Hambantota International Port (HIP), successfully discharged the second batch of vehicles for the domestic market last week. A total of 1,159 vehicles were handled during the ship’s call, including 462 BYD vehicles designated for the Sri Lankan market. The overall operation entailed the discharge…
A Gazette Extraordinary has been issued amending multiple import and export regulations, including a key change allowing Bureau Veritas inspection certificates for vehicles imported from all countries. The gazette notification, issued yesterday (19), bears the signature of President Anura Kumara Dissanayake in his capacity as the Minister of Finance, Planning, and Economic Development. Under the…
The Computer Society of Sri Lanka (CSSL) proudly announced the 43rd edition of the National IT Conference (NITC) 2025, the country’s premier gathering for IT professionals, thought leaders, industry pioneers, academia and policy makers and implementers. Scheduled to take place from October 14 to 16, 2025, at the Shangri-La Colombo, this year’s conference will be…
The Colombo Stock Exchange (CSE) has introduced a new board, called the Catalyst Board, to facilitate the listing of State-Owned Enterprises (SOEs), as proposed in the 2025 Budget presented by the government. This was revealed by CSE Chairman Dilshan Wirasekara in response to a journalist’s query at the Invest Sri Lanka Media Conference held in…
Exclusive Event Unveils First-of-Its-Kind Collaboration Between Leading Sri Lankan and European Brands The Delegation of the European Union (EU) to Sri Lanka, in partnership with the Export Development Board (EDB), launched a pioneering initiative to position Sri Lankan craft products in the international marketplace—the Creative Sri Lanka 2030: Matchmaking Pilot Program 2025. This transformative initiative…
An increasing number of foreigners are engaging in illicit jobs or business activities while claiming to be visiting for tourism purposes. Thailand has announced it will halve the number of days foreign tourists can stay in the country without a visa from 60 days to 30. The move comes as the Southeast Asian nation clamps…
– Prof. Ruwan Ranasinghe, Deputy Minister of Tourism In an exclusive interview with the Deputy Minister of Tourism, Prof. Ruwan Ranasinghe, conducted by the Media Unit of the Tourism Ministry, the government’s innovative vision for developing Sri Lanka’s tourism sector was revealed. This visionary approach focuses on transforming Sri Lanka into a global tourism powerhouse…
Bloomberg – Sri Lanka’s economy grew faster than expected last quarter, indicating strong domestic activity backed by the International Monetary Fund’s aid. Gross domestic product rose 5.4% in the three months to December from a year ago, the Statistics Department said Tuesday, higher than the 5.3% expansion predicted by economists in a Bloomberg survey. GDP…
Fitch Ratings – The new US administration has started a global trade war that will reduce US and world growth, push up US inflation and delay Federal Reserve rate cuts, Fitch Ratings believes. We have cut both our US 2025 growth forecast to 1.7% from 2.1% in the December 2024 Global Economic Outlook (GEO) and our 2026…
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