Applications close September 30; award ceremony set for December 11 at Shangri-La Colombo The National Chamber of Exporters of Sri Lanka (NCE) opened applications for the 34th NCE Export Awards, the Chamber’s Flagship event and the country’s longest-running recognition programme for exporters, at a launch held at the Mandarina Hotel. Applications will be accepted until…
How Yesol Lanka is Turning an Environmental Burden into a Global Export Success BOI-approved investment in Puttalam converts fish-processing waste into export-ready animal feed ingredients, tapping into a global marine-ingredients market worth billions For decades, discarded fish heads, frames, viscera, and skins piling up at Sri Lanka’s fish markets were treated as a costly environmental…
SANASA Life Insurance has officially resumed full business operations following the lifting of the temporary regulatory suspension by the Insurance Regulatory Commission of Sri Lanka (IRCSL), marking the beginning of a new chapter focused on strengthening Stakeholder Confidence, delivering exceptional Customer Service, and driving Sustainable Business growth. Following the completion of the regulatory requirements outlined…
John Keells CG Auto (JKCG Auto), the authorised distributor of BYD and DENZA, recently welcomed BYD Vice President, Liu Xueliang to Sri Lanka as part of an official visit reviewing the remarkable growth of both brands across sales and aftersales. The visit reflects the company’s long-term confidence in Sri Lanka’s transition towards New Energy Mobility…
Emirates will introduce a second daily A350 service between Dubai and Colombo from 8 August, further elevating the travel experience for customers with more options to experience the airline’s latest-generation aircraft and its highly sought-after Premium Economy cabin. The A350 aircraft will replace the current Boeing 777 aircraft operating the flight. The deployment of the…
Reuters – Oil prices rose and bonds were sold on Wednesday as renewed fighting in the Middle East and U.S. sanctions on Iranian oil threatened the ceasefire, while stocks took a breather as the record-breaking AI rally starts to run short on momentum. Brent crude futures were up 2% to $75.60 a barrel, which is…
Sri Lanka’s official reserve assets saw a 6.3% decline in June 2026, falling to USD 6,450 million from USD 6,881 million in May, according to new Central Bank (CBSL) data. This $431 million drop was largely driven by a 6.1% decrease in foreign exchange reserves, which fell to USD 6,254 million. Gold reserves also took…
A special discussion between the Revenue Administration Reform and Modernisation Bureau (RARMB), which operates under the direct supervision of the Presidential Secretariat with the objective of modernising Sri Lanka’s public revenue system, and the International Monetary Fund (IMF) was held recently at the Presidential Secretariat under the chairmanship of Secretary to the President Dr Nandika…
The Colombo Stock Exchange (CSE) experienced a significant downturn today (07) with major indices recording a notable decline by the end of trading. The benchmark All Share Price Index (ASPI) dropped by 118.35 points to close at 21,962.30. This marks the first time since June 12 that the index has fallen below the critical 22,000-point…
CBL Investments Limited and its group of companies (CBL Group), one of Sri Lanka’s leading and most diversified food manufacturing conglomerates, has appointed its Group Managing Director, Ms. Sheamalee (Shea) Wickramasingha, as Chairman of the Group with effect from 6 July 2026. She will continue to serve as Group Managing Director while assuming the responsibilities…
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