The Ceylon Motor Traders’ Association (CMTA), established in 1919 is the most senior automotive association in Sri Lanka affiliated with the Ceylon Chamber of Commerce, is calling for greater consistency, transparency and fairness in the policies governing the country’s automotive sector, stressing that a sustainable vehicle import framework must ensure a level playing field across…
Reuters – Global bond yields spiked to new highs and sharemarkets slumped on Friday as soaring oil prices inflamed inflation risks, sending investors scrambling to price in more policy tightening from central banks across the globe. Brent crude climbed to a four-month high of $109.97 a barrel on Friday after a 6% overnight jump, capping…
Speaking at the opening of the inaugural Reserve Management Conference 2026 in Colombo, Central Bank of Sri Lanka (CBSL) Governor Dr. Nandalal Weerasinghe warned that geopolitical fragmentation, sanctions, and trade tensions have fundamentally changed the environment for central banks, requiring reserve managers to prioritize liquidity and buffer adequacy over investment returns. Reflecting on Sri Lanka’s…
Sri Lanka Export Development Board (SLEDB) in collaboration with University of Kelaniya organized a seminar and a mini innovation exhibition for the Sri Lankan Electronic and Electrical sector exporters and manufacturers on 03rd September 2026 at the University of Kelaniya. This was organized with the assistance of Centre for Technology Transfer and Industry Linkage (CTTIL),…
Discussions focus on Colombo’s future, regional port development, shipping connectivity and the resilience of global supply chains. A delegation led by Chairperson Laura DiBella and Commissioner Robert J. Harvey of the United States Federal Maritime Commission (FMC) visited the Port of Colombo this morning for discussions with the Chairman and senior management of the Sri…
SmartVista provides the payments infrastructure behind the multilingual experience BPC, global leader in payments technology, has supported DFCC Bank in introducing Sri Lanka’s first ATM and Cash Recycler Machine experience available in eight languages. The innovation is backed by modernised ATM, CRM, card-switching and card-issuing infrastructure implemented through BPC’s next generation SmartVista platform. Making self-service…
The new Pro lineup introduces variable aperture with the most advanced camera in an iPhone, incredible battery life, next‑level performance, and Siri AI, all powered by A20 Pro Apple announced iPhone 18 Pro and iPhone 18 Pro Max, delivering the most advanced pro camera system in an iPhone, and huge leaps in battery life and…
Reuters – Asian stocks slid on Thursday as the biggest wave of attacks on shipping in the widening war in the Middle East kept oil prices above $100 a barrel, leaving investors nervous ahead of U.S. inflation data that will influence monetary policy. Benchmark 10-year U.S. Treasury yields held steady at 4.8406% after scaling their highest since…
iPhone Duo features a breakthrough foldable design that’s beautiful, versatile, and durable, opening up possibilities that feel entirely new yet remarkably familiar Apple introduced iPhone Duo, the first foldable iPhone. Opened, it is the thinnest iPhone ever, with a 7.6-inch inner display that provides a large canvas for viewing content, gaming, and multitasking, and a special…
Vipul Misra has been appointed Acting Chief Executive Officer (CEO) of SriLankan Airlines, with effect from today (9 September). Bringing over two decades of aircraft engineering and aviation leadership experience, Misra’s background spans across significantly large commercial carriers including Air India, Vistara, Indigo, SpiceJet, Kingfisher Airlines, and Air Deccan. His comprehensive expertise across legacy, full-service,…
Video Story
