Asia-Pacific Falls Behind in Fraud Protection, According to Sumsub’s 2nd Global Fraud Index APAC drops to fourth place amid rising fraud exposure, trailing Europe, the Middle East, and the Americas Key markets, including Singapore, Malaysia, and Japan, experiencing significant declines in their rankings Singapore tops the Government Intervention pillar globally, despite an overall decline in…
Sri Lanka’s apparel sector continues to establish itself as a global benchmark for sustainability, with leading manufacturers Brandix, Teejay Lanka, Hirdaramani, Hayleys Fabric and MAS Holdings publishing their latest reports that showcase progress across climate action, circularity, ethical practices, and community empowerment. Climate action and net zero leadership From Net Zero certified factories to science-based…
The Sri Lanka Institute of Marketing (SLIM), the nation’s apex body for marketing, is proud to announce that Sri Lanka will host the prestigious World Marketing Forum (WMF) for the very first time. Endorsed by the Ministry of Industry and Entrepreneurship Development, this landmark occasion marks a defining moment for the country, reinforcing Sri Lanka’s…
National IT Conference (NITC) 2025 will be held from October 14–16, 2025 The National Information Technology Conference (NITC) 2025, organized by the Computer Society of Sri Lanka (CSSL), stands this year as far more than just a gathering of ICT professionals. It has become a moment of national significance, bringing together industry leaders, academics, policymakers,…
In terms of Section 70(1) of the Central Bank of Sri Lanka Act, No. 16 of 2023, the Central Bank of Sri Lanka released its annual Financial Stability Review (FSR) for 2025. This statutory report provides an assessment of the stability of the financial system, identifies and evaluates the associated risks and vulnerabilities, and outlines…
Aligning with Sri Lanka’s vision to become a digitally empowered economy by 2030, an Investor Forum for ‘Digital Economy Growth of Sri Lanka’ was held on 6 October 2025, at Pullman Melbourne On The Park. Over 70 participants including Victorian government officials, industry stakeholders, regulators, academics and potential investors joined the event. The Investor Forum…
JF Packaging Limited will open its Initial Public Offering (IPO) on October 30, 2025, offering 51,724,144 ordinary voting shares at a price of LKR 11.60 per share. The Colombo Stock Exchange (CSE) has granted in-principle approval for the company’s application to list its shares by way of an Offer for Subscription on either the Main…
Sri Lanka Export Development Board (EDB) in collaboration with the Sri Lanka Consulate General in Shanghai, China successfully organized a Technology Upgardation & exposure visit parallel to China International Sewing Machinery & Accessories Show (CISMA) 2025 from 24th to 28th September 2025 in Shanghai, China for the Sri Lankan Apparel sector companies. The exposure visit…
An International Monetary Fund (IMF) mission team led by Mr. Evan Papageorgiou visited Sri Lanka from September 24 to October 9, 2025, to discuss recent macroeconomic developments and progress in implementing economic and financial policies under the Extended Fund Facility (EFF) arrangement. At the end of the mission, Mr. Papageorgiou issued the following statement: “IMF…
A special meeting between officials from the Ministry of Industries and Entrepreneurship Development and representatives of the International Monetary Fund (IMF) was held today at the ministry’s main auditorium. During the discussion, ministry officials presented a detailed analysis of their goals and strategies for 2030 to the IMF representatives. Key performance indicators (KPIs) such as…
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