Sri Lanka’s export sector continued to demonstrate resilience and steady growth during the first eight months of 2025, recording total earnings of US$ 11,554.32 Mn. This reflects a strong 6.61% increase compared to the corresponding period in 2024. In August 2025 alone, total exports, comprising both merchandise and services reached to US$ 1,607.58 Mn, recording…
As part of the ongoing Financial Literacy Month Programme to strengthen #financial #literacy across the country, the Central Bank of Sri Lanka conducted its second Economic and Financial Literacy Forum in Kalutara on 19 September 2025. The Forum was graced by Governor Dr. Nandalal Weerasinghe, together with senior management of the CBSL and other senior…
The Sri Lanka MICE Expo 2025 (SL-MICE Expo 2025), organized by the Sri Lanka Convention Bureau (SLCB)—the national tourism organization under the Ministry of Foreign Affairs, Foreign Employment, and Tourism—officially commenced on 23rd September 2025 at Cinnamon Life, City of Dreams, Colombo. The multi-day event is designed to position Sri Lanka as a premier destination…
Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, announced that the company has been invited to participate in the 2025 United Nations Global Compact’s Private Sector Forum, taking place at the United Nations Headquarters in New York on 22 September 2025. Supun Weerasinghe, Group Chief Executive of Dialog Axiata PLC, will join a select group…
The South Asian Travel Awards (SATA) 2025 concluded on a distinguished note with a special tribute to one of Sri Lanka’s most eminent business leaders, the late Deshamanya D.H.S. (Harry) Jayawardena. During the Gala Ceremony, which was held on Saturday, 20th September, Mr. Jayawardena was conferred with the prestigious “Faces of South Asia” recognition, an…
Progress Review Meeting on New Reforms in the Power Sector Chaired by the President Government will always stand for the country’s energy sovereignty President Anura Kumara Dissanayake emphasised that the Government will always stand for the country’s energy sovereignty, making it clear that there is no requirement whatsoever to entrust the power sector to private…
Seylan Bank PLC recently announced its role as the sole financing partner for the 10 MW ground-mounted solar power plant in Navatkadu, Batticaloa, promoted by Sooryashakthi (Pvt) Ltd, a company jointly owned by Windforce PLC and Vidullanka PLC, two of Sri Lanka’s most prominent renewable energy players. Following the successful commissioning of the 10MW Phase…
The overall rate of inflation, as measured by the National Consumer Price Index (NCPI), has increased to 1.5% in August 2025, compared to 0.7% in July 2025, according to the latest data released by the Department of Census and Statistics. Meanwhile, food inflation has increased to 2.9% in August compared to 2.2% in July and…
The Government of Sri Lanka has issued new regulations offering a wide range of exemptions and incentives for major investors in the Colombo Port City, as part of efforts to transform the project into a regional financial and commercial hub. The announcement, published in Gazette No. 2454/62 on September 20, 2025, was made under the…
This proposed investment is a high-end hospitality development located on land in Kohombagahapalassa, Thissamaharama, in proximity to the Yala National Park. The project targets the upscale and midscale tourist market, focusing on both international and domestic travelers. The senior management has developed a carefully articulated vision to become a leading high-quality star-class hospitality destination in…
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