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Standard Chartered explores global and Sri Lankan economic outlook amidst a test of resilience

Standard Chartered Sri Lanka hosted “A Test of Resilience: Global Research Briefing Webinar on Global & Sri Lanka Economic Outlook for H2-2026”, bringing together corporate and financial institutions clients for an expert discussion on the prospects for the global economy, Sri Lanka and financial markets in the second half of the year. The webinar examined…

(0)Comments | September 2, 2026 5:25 pm

Indian Destination Weddings Shift Towards Experience-Led Celebrations, Positioning Sri Lanka as a Rising Luxury Destination

New industry insights reveal Indian couples are spending more, inviting fewer guests and prioritising experiences over extravagance, creating a significant opportunity for Sri Lanka’s luxury hospitality sector. Indian weddings are undergoing a profound transformation. While destination wedding budgets continue to rise, guest lists are shrinking, signalling a new era where memorable experiences, meaningful travel and…

(0)Comments | September 2, 2026 5:16 pm

Creative Sri Lanka 2030 turns heritage, design and entrepreneurship into a new export engine

EDB’s national programme brings exporters, SMEs, artisans, designers and academia together to transform Sri Lanka’s traditional craftsmanship into contemporary products for global markets For generations, Sri Lankan artisans have transformed clay, wood, fibre, metal, textile and other indigenous materials into objects that reflect the island’s culture and identity. Yet much of this creative wealth has…

(0)Comments | September 2, 2026 12:21 pm

Asian markets tumble as US-Iran fighting lifts oil and bond yields

Reuters – Stocks slumped in Asian trading on Wednesday as a bond market-induced selloff on ‌global markets spilled over into the region, after renewed attacks by the U.S. on Iran pushed oil prices higher. MSCI’s broadest index of Asia-Pacific shares outside Japan tumbled 1.5% as South Korea’s KOSPI dropped more than 3%, while the Nikkei 225 was down 2.6%. S&P…

(0)Comments | September 2, 2026 10:28 am

Sri Lanka launches National Food Safety Policy with support from FAO and the European Union

Sri Lanka has reached a major milestone in strengthening its national food control system with the launch of its first National Food Safety Policy, providing a comprehensive framework to safeguard public health, strengthen food systems, and support economic growth through a coordinated, risk-based approach to food safety. Developed under the leadership of the Ministry of…

(0)Comments | September 2, 2026 10:19 am

Oil prices extend gains as US and Iran trade fresh strikes

Reuters – Oil prices rose in early trade on Wednesday, ​extending the previous session’s surge, as concerns over supply disruption intensified after the U.S. and Iran exchanged ‌strikes overnight, dimming hopes for a quick easing of tensions in the Middle East. Brent crude futures rose 75 cents, or 0.8%, to $95.40 a barrel by 0345 GMT, while…

(0)Comments | September 2, 2026 10:14 am

The New Address for Trends, Vibes and Unforgettable Nights

Beyond its refreshed spaces and stunning beachfront setting, Citrus Hikkaduwa is embracing a new identity as one of the South Coast’s most exciting entertainment hubs. At the heart of this transformation is Summer Salt, the hotel’s signature social and entertainment venue, positioned as the new address to be seen in Hikkaduwa. Designed to capture the…

(0)Comments | September 1, 2026 2:18 pm

John Keells Holdings PLC Deepens Collaboration with Salesforce to Power Customer Growth Across Retail and Automotive in Sri Lanka

Keells supermarkets use Salesforce to deliver personalised engagement to more than two million Keells Nexus loyalty members  John Keells CG Auto is leveraging Salesforce to unify customer intelligence, streamline operations, and enable intelligent automation. Salesforce, the #1 Agentic CRM*, announced the expansion of its collaboration with John Keells Holdings PLC (JKH), one of Sri Lanka’s…

(0)Comments | September 1, 2026 2:11 pm

Sri Lanka’s Trade Deficit Widens to $6.5 Billion Amid Soaring Fuel Costs and Middle East Headwinds

Sri Lanka’s external current account recorded a deficit of US $142 million in July 2026, marking the fourth consecutive month in negative territory as the nation navigates severe headwinds from geopolitical developments in the Middle East. According to the latest data, the cumulative external current account has slid into a deficit of US $387 million…

(0)Comments | September 1, 2026 2:02 pm

Dr. Ruwan Perera’s 250+ Japanese Delegation Begins Sri Lanka Journey with Visit to Jaya Sri Maha Bodhiya

The Japanese delegation, brought together under the initiative of Dr. Ruwan Perera and Little Japan, began its journey across Sri Lanka with visits to the sacred sites of Mihintale and Anuradhapura, including the historic Jaya Sri Maha Bodhiya, among other key locations, immersing themselves in the island’s rich Buddhist heritage. The group then travelled onward…

(0)Comments | September 1, 2026 12:58 pm

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