With macroeconomic stability largely restored, and Sri Lanka now facing the task of crafting the next phase of its economic strategy, Day One of the Sri Lanka Economic & Investment Summit 2025 on December 2nd, will feature a session on how Sri Lanka can drive sustainable, inclusive, and investment-led growth, to convert stability into long-term…
Hayleys Fentons Limited announced the launch of Hayleys Mobility, a new venture delivering cutting-edge new-energy vehicle solutions and infrastructure, supporting the country’s transition towards sustainable mobility. This initiative comes in response to the growing demand for cleaner, smarter, and more energy-efficient transportation options among Sri Lankan consumers and businesses. Through exclusive partnerships with world-renowned automotive…
The Sri Lanka Export Development Board (EDB) successfully conducted a workshop on the application and impacts of Artificial Intelligence (AI) in Small and Medium Enterprises (SMEs) and export trade in Jaffna. Organized in collaboration with the EDB Northern Province office, the workshop attracted approximately 80 participants, including development officers and exporters from across the district….
Tops ‘Sri Lanka’s version of the Fortune 500’ for the 10th time Contribution of 5.4% to national export income in 2024-25 ‘AAA (lka)’ National Long-Term (with a stable outlook) by Fitch Ratings for 2025 Hayleys PLC has been ranked as Sri Lanka’s leading listed corporate in the 32nd edition of the LMD 100, securing the…
he Central Bank of Sri Lanka (CBSL) has stated that Sri Lankan migrant workers sent a total of US $695.7 million in remittances to the country in September this year. This has been revealed in the latest report released by the CBSL. According to the report, foreign remittances received in the same month last year…
His Excellency the President of the Democratic Socialist Republic of Sri Lanka has appointed Mr. Maithri Evan Wickremesinghe, P.C. as a member of the Governing Board (GB) of the Central Bank of Sri Lanka (CBSL) with effect from 02.10.2025. In terms of the provisions of the Central Bank of Sri Lanka Act, No. 16 of…
President Anura Kumara Dissanayake emphasized that the security of investors and investments coming into the country has been ensured under the current government. He made this remark during a discussion held last Saturday (11) at the Presidential Secretariat with a delegation of U.S. business representatives visiting the country to study Sri Lanka’s investment opportunities, business…
Sumsub Releases 2nd Global Fraud Index In Collaboration With Statista, Studying Fraud Trends Across 100+ Countries Index reveals that Europe leads in fraud protection, while the U.S. and many Asian countries see major declines. Sumsub, a global verification and anti-fraud leader, released the second edition of its Global Fraud Index, produced in collaboration withStatista, CryptoUK, Digital Assets Association, Vixio Regulatory Intelligence, and…
The countdown is on! With just four days remaining for final registration, industry leaders, investors, and opportunity seekers are encouraged to secure their place at Voyage Sri Lanka 2025, the international marine summit organised by the Sri Lanka Export Development Board (EDB). Taking place on 16 October 2025 at The Kingsbury, Colombo, this flagship event…
Singapore-based Aster Chemicals & Energy Pte Ltd has successfully raised USD 1 billion through an oversubscribed sustainability-linked syndicated term loan (SLL) facility, backed by a consortium of leading international lenders and credit funds. The initial USD 700 million facility was upsized by an additional USD 300 million via the exercise of a green-shoe option, reflecting…
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