The Sri Lanka Export Development Board (EDB), in collaboration with the Sri Lanka Embassy in Brussels, successfully organized an inward trade delegation comprising 12 Fair Trade product importers and representatives from the European Union from 17th to 22nd November 2025, with the objective of promoting Sri Lankan Fair Trade products and strengthening bilateral trade relations…
BBC – Every company would be affected if the AI bubble were to burst, the head of Google’s parent firm Alphabet has told the BBC. Speaking exclusively to BBC News, Sundar Pichai said while the growth of artificial intelligence (AI) investment had been an “extraordinary moment”, there was some “irrationality” in the current AI boom….
Sri Lanka Embassy in Belgium, which is also accredited to Luxembourg, hosted a “Country Seminar on Sri Lanka” in collaboration with the Luxembourg Chamber of Commerce, on 30 October 2025. The event was held at the premises of the Luxembourg Chamber of Commerce, highlighting the growing opportunities for two-way trade and investment, marking another milestone in fostering…
SME exporters call for clear, consistent VAT rules and equal treatment For decades, Sri Lanka’s apparel industry has stood as a national success story—one that stitched together foreign investment, ethical manufacturing, and export resilience. But behind the glossy factory floors of major exporters lies another story: that of small and medium enterprises (SMEs) struggling to…
Agreement includes options to convert Emirates’ latest order into the 777-8 or 777-10, providing strong backing for Boeing’s 777-10 feasibility study. Emirates to remain largest customer and operator of the Boeing 777 with a total orderbook of 280 aircraft including freighters; and the largest GE9X customer with a total of 540 engines on order to…
SriLankan Airlines has won the 2026 APEX Best In Food and Beverage Award for Central/Southern Asia, celebrating the vibrant medley of flavours that define its onboard menu, from international culinary delights to homegrown recipes that awaken every sense. The airline also retained its Four Star Major Airline status at the recently concluded 2026 APEX Awards,…
Purchasing Managers’ Indices indicate expansions in both Manufacturing and Services activities in October 2025. Sri Lanka Purchasing Managers’ Index for Manufacturing (PMI – Manufacturing) recorded a value of 61.0 in October 2025, reflecting an increase in manufacturing activities. This increase was broad-based, with all sub-indices contributing positively to this expansion. Sri Lanka Purchasing Managers’ Index…
National Development Bank PLC (NDB) hosted its quarterly Analyst Earnings Call recently to discuss the Bank’s financial performance for the nine months ended 30 September 2025. This follows the release of the Bank’s nine months’ financial results to the Colombo Stock Exchange, where NDB reported a post-tax profit of LKR 7.5 billion, marking a remarkable…
Sri Lanka created another important milestone in its tourism calendar, by welcoming the much awaited the two millionth tourist arrival on the 17th of November 2025. According to Sri Lanka Tourisms main target of achieving 2.5 mn tourist arrivals, this gives a new and a positive outlook of the number of tourist arrivals at least…
The Government of Sri Lanka had discussions with the Asian Development Bank (ADB) to mobilize USD 300 million under the following Policy Based Loans (PBLs) and the Investment Loan. Financial Sector Stability and Reforms Program (Subprogram 3) USD 100 million (Policy Based Loan) Strengthening Macroeconomic Resilience and Transparency Program (Subprogram 1) USD 100 million (Policy…
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