Sri Lanka’s export sector has continued its strong upward trajectory, recording a significant 6.0 % growth during the period from January to October 2025. According to data released by Sri Lanka Customs, along with estimated figures for Gems & Jewellery and Petroleum Products, total exports reached US$ 14,433.82 Mn, surpassing the performance of the corresponding…
The Executive Board of the International Monetary Fund (IMF) is scheduled to meet on December 15, 2025 to discuss and approve the fifth review of Sri Lanka’s Extended Fund Facility (EFF) programme. In October, the IMF and Sri Lankan authorities reached a staff-level agreement on economic policies to conclude the fifth review of Sri Lanka’s…
Sampath Bank PLC is advancing a major national milestone through the commencement of the pilot phase of Sri Lanka’s Bus Fare Digitalisation Project, implemented in collaboration with Ceylon Business Appliances (Pvt) Ltd and Nimbus Venture (Pvt) Ltd. The solution is being introduced through NCG Express, one of the country’s leading private bus operators, enabling commuters…
The Ceylon Chamber of Commerce, together with the Indo-Lanka Chamber of Commerce & Industry (ILCCI), successfully led a high-level Sri Lankan business delegation to the prestigious CII Partnership Summit 2025 held in Visakhapatnam, Andhra Pradesh. The Partnership Summit, organized annually by the Confederation of Indian Industry (CII), is recognized as a premier global forum that…
The Public Debt Management Office has announced an auction to issue US$50 million in Domestic Dollar Bonds from 1–3 December 2025, with settlement on 10 December. The bonds offered in 1, 2 and 3 year tenures, will carry fixed rates determined via competitive bidding, with semi-annual interest payments. Minimum investment is US$1 million. Eligible investors are…
Emirates and OpenAI have entered into a strategic collaboration to advance AI adoption and innovation across the airline. The collaboration will entail enterprise-wide deployment of ChatGPT Enterprise, supported by tailored AI literacy programmes, technical exploration, and executive strategic alignment designed to embed AI capabilities across the organisation. Ali Serdar Yakut, Executive Vice President IT said:…
WealthTrust Securities Limited (WTS), one of Sri Lanka’s leading non-bank Primary Dealers licensed by the Central Bank of Sri Lanka, today announced its intention to launch an Initial Public Offering (IPO) of Ordinary Voting Shares, marking a significant milestone in its growth trajectory and long-term capital strengthening strategy. Through this IPO, the Company will offer…
Hambantota International Port Group (HIPG) has partnered with Rank Container Terminals (Pvt) Ltd (RCT) to develop a purpose-built Container Cargo Inspection Yard within the port premises. The new facility will serve as a centralised inspection point for all local import and export containers handled through Hambantota International Port (HIP), strengthening the port’s role as a…
In a landmark initiative for children battling critical illnesses in Sri Lanka, Citrus Leisure PLC and Indira Cancer Trust (ICT), which hosts Make-A-Wish Sri Lanka, have signed a Memorandum of Understanding (MoU) to collaborate on providing memorable family experiences every month. Under the MoU, Citrus Leisure PLC will sponsor a monthly celebratory buffet meal and hospitality experience at…
To mark World Fisheries Day 2025, Sri Lanka and countries bordering the Bay of Bengal came together to celebrate the contributions of small-scale fisheries to coastal livelihoods, food security, and sustainable development. This year’s celebrations are especially significant as they coincide with FAO’s 80th anniversary, eight decades dedicated to support sustainable fisheries, food security, and…
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