To strengthen a leading Sri Lankan manufacturer’s global presence, the International Finance Corporation (IFC), a member of the World Bank Group, committed $28.6 million, as part of a larger envelope of $40 million, to CBL Group. IFC’s investment will enable CBL, one of Sri Lanka’s largest food manufacturing conglomerates, to extend its global footprint across…
BBC – UK and Canadian nationals will be able to travel to mainland China for up to 30 days without a visa from 17 February. China’s foreign ministry said visa-free entry would be permitted for tourism, business or visits to family and friends, with the policy set to stay in effect initially until 31 December….
The Sri Lanka Export Development Board (EDB), in collaboration with the British High Commission in Colombo, successfully conducted a hybrid Awareness Session titled “Enhancing Export Opportunities to the UK through the Developing Countries Trading Scheme (DCTS)” on 11 February 2026. The session, held both physically at the EDB and virtually via Zoom, attracted the participation…
Cinnamon Life at City of Dreams has announced the appointment of Kamal Munasinghe as General Manager, effective 15 February 2026. Munasinghe will continue in his role as Senior Vice President – Colombo Hotels at Cinnamon Hotels & Resorts. In his new capacity, Munasinghe will lead the strategic direction and day-to-day operations of Cinnamon Life, South…
The Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE) hosted a forum themed “Seed to Scale – Unlock Value & Potential” to a full house of Tech companies recently in Colombo. The forum is part of a broader initiative to engage and encourage Tech companies to use the capital…
The approval rating of the government polled at 65% in early-February 2026, in the latest round of the Gallup style “Mood of the Nation” poll by Verité Research. With a ±3 percentage point error margin, the approval rating has remained statistically stable from the 62% polled a year ago. The polling partner was Vanguard Survey (Pvt)…
On 12 February 2026, the European Union (EU) and Sri Lanka convened the 27th Session of the EU-Sri Lanka Joint Commission meeting in Colombo. The meeting, which was held in a friendly and open atmosphere, reviewed bilateral relations and entailed an exchange of views and updates on a wide range of topics of bilateral interest,…
The Central Bank released its first Monetary Policy Report for 2026 in keeping with the requirements of the Central Bank of Sri Lanka Act, No. 16 of 2023. The biannual Monetary Policy Report provides forward-looking insights about the economy, particularly inflation and economic growth outlook, and risks to projections. Through this Report, the Central Bank…
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), will visit Sri Lanka from February 16 to 18, 2026, according to a top IMF official. During her visit, she will meet with government authorities and key stakeholders, observe firsthand the impact of Cyclone Ditwah, and discuss ways in which the IMF can support recovery…
Delivers Consolidated Revenue growth of 16% to Rs. 421.40 bn during the nine-month period while demonstrating continued value creation to shareholders with a dividend of Rs.6 per share. 9 bn Rights Issue expected to strengthen balance sheet and financial flexibility Fitch Ratings reaffirms the Group’s national long-term credit rating at ‘AAA (lka)’ with a Stable…
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