Trading activity at the Colombo Stock Exchange (CSE) remained subdued on Friday (17), with daily turnover falling to its lowest level in the past 15 months. Market turnover amounted to Rs. 722 million at the close of trading, marking the lowest daily turnover since April 17, 2025, when the market recorded Rs. 792 million. Today’s…
At Cinnamon Life from 4th to 6th January 2027 The 34th Edition of FACETS Sri Lanka organized by the Sri Lanka Gem & Jewellery Association, will take place from the 4th to 6th January 2027 at the iconic Cinnamon Life at City of Dreams Colombo. The landmark event will bring together over one hundred exhibitors…
The Exporters Association of Sri Lanka (EASL) welcomes Sri Lanka’s commitment to aligning with internationally accepted labour standards and supporting global efforts to eliminate forced labour from supply chains. As an export-oriented nation, maintaining confidence in Sri Lanka’s trading environment and complying with international obligations are of paramount importance. The Association notes that while the…
Reuters – Asian markets slid sharply on Friday (17), with equity benchmarks in Japan and Taiwan falling as much as 6%, as a global rout in technology stocks accelerated. Japan’s benchmark Nikkei 225 gauge confirmed correction territory, down more than 10% since its all-time high close on June 25. TAKAMASA IKEDA, SENIOR PORTFOLIO MANAGER, GCI ASSET…
Colombo West International Terminal (CWIT) has reached another defining milestone in its journey to transform Sri Lanka’s maritime sector by becoming the first container terminal at the Port of Colombo to achieve three internationally recognized ISO certifications simultaneously. The achievement strengthens CWIT’s position as a benchmark for modern port operations while reaffirming its commitment to…
Exporters’ Association of Sri Lanka Elects New Leadership at 29th Annual General Meeting The Exporters’ Association of Sri Lanka (EASL) elected its new office bearers and Executive Committee at its 29th Annual General Meeting, held recently with the participation of exporters, industry leaders, Heads of Mission, trade officials and representatives from across Sri Lanka’s export…
Reuters – Oil prices rose on Friday after the U.S. and Iran stepped up attacks across the Gulf, with their broken truce limiting oil flows out of the Strait of Hormuz and with Tehran asking the Houthi political and military organisation to stand ready to shut the Red Sea export route. Brent crude futures rose 70 cents,…
The Colombo Stock Exchange (CSE) ended Thursday’s (16) trading session in positive territory, with both benchmark indices posting modest gains. The All Share Price Index (ASPI) rose by 29.77 points to close at 21,447.57, while the S&P SL20 Index gained 16.37 points to end the day at 6,004.99. Market turnover for the session amounted to…
Hospitality group adopts UNO Direct Stack to attract more guests, convert more bookings, and strengthen direct revenue across its portfolio. RateGain Travel Technologies Limited (BSE: 543417, NSE: RATEGAIN), a global leader in AI-powered SaaS solutions for travel and hospitality, today announced a strategic partnership with Citrus Leisure PLC, one of Sri Lanka’s leading publicly listed…
For Sri Lanka, India has already become the largest source market, overtaking China after the pandemic and with Port City Colombo it expects the strong momentum to continue. Moneycontrol – The $15-billion Port City Colombo, a special economic zone (SEZ) in Sri Lanka, is placing India at the centre of its growth strategy. India which…
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