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…
The Colombo Municipal Council (CMC) has reduced its Entertainment Tax, including cutting the tax on local concerts from 12% to 7%, in a move aimed at supporting Sri Lanka’s creative industry while making entertainment more accessible to the public. Colombo Mayor Vraie Cally Balthazaar announced that the proposal, which was approved through the CMC’s 2026…
Reuters – Oil prices turned lower on Thursday as traders took profits and evaluated the risks from a new wave of U.S. strikes on Iranian military installations, which fuelled fears of renewed full-scale conflict and supply disruptions in the Strait of Hormuz. The United States struck Iran’s coastal defences and missile sites on Wednesday after reimposing a…
The three-month study across six industries and 198 brands reveals how AI platforms reward editorial authority over ad spend, while exposing sharp inconsistencies even among market leaders. BrandRadar, the AI Search growth consultancy and intelligence platform under Roar Global, recently released The State of AI Visibility in Sri Lanka 2026, the country’s broadest index tracking…
The National Chamber of Exporters of Sri Lanka (NCE) has further strengthened its long-standing strategic partnership with Ernst & Young (EY), reaffirming a shared commitment to enhancing the competitiveness, resilience, and global readiness of Sri Lankan exporters. The partnership, which has successfully continued over several years, was recently renewed through the signing of a Memorandum…
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