Reuters – Stocks rose during the Asian trading session on Friday after a lukewarm U.S. jobs report poured cold water on the prospect of an imminent rate hike from the Federal Reserve and regional activity gauges pointed to an economic expansion during June. After a shaky start, MSCI’s broadest index of Asia-Pacific shares outside Japan,…
Reuters – Oil prices rose slightly on Friday before a long holiday weekend in the U.S. as wary optimism held over efforts to make peace in the Middle East between the United States and Iran. Brent futures were up 17 cents, or 0.24%, to $72.10 a barrel as of 0155 GMT. West Texas Intermediate was…
GovTech Sri Lanka (Pvt) Ltd has announced the appointment of Shevan Goonetilleke as its Chief Executive Officer, effective 19 August 2026. His appointment marks an important milestone as GovTech enters its next phase of execution in delivering Sri Lanka’s national digital transformation agenda. GovTech Sri Lanka (Pvt) Ltd is the Government of Sri Lanka’s lead…
The Ceylon Chamber of Commerce recently hosted a discussion titled “Energy Transition in Sri Lanka: Strategic Insights from Global Markets”, bringing together representatives from the public and private sectors, industry experts, academics, and other stakeholders to examine the opportunities and challenges associated with Sri Lanka’s evolving energy landscape. Held at a time when countries around the…
Melco Resorts & Entertainment, a globally recognised leader in luxury integrated resorts, continues to redefine destination hospitality through a portfolio that spans Asia and Europe. With six landmark integrated resorts across Macau, Manila, Cyprus and Colombo, Melco has built a reputation for world-class design, exceptional service, elevated dining and immersive entertainment experiences. For Sri Lankan…
Reuters – Oil prices dropped about 1% on Thursday, down for a third consecutive day, after Qatar said Iran and the U.S. had made progress in indirect talks focused on the Strait of Hormuz, which handled one-fifth of global oil supply before the war. The talks made “positive progress” on matters related to the memorandum that halted the war…
As per the latest rankings of BookRetreats.com, Sri Lanka has been ranked as the World’s top trending wellness destination for 2026, recording a 100% increase in traffic on a year-on year basis. It is a testament to Sri Lanka’s growing reputation for exceptional traditional Hela-Ayurveda healthcare, natural beauty, and holistic healing. From a Sri Lankan…
The Sri Lanka Export Development Board (EDB) and the Import Promotion Desk (IPD), Germany, signed a Memorandum of Understanding (MoU), reaffirming their long-standing partnership to strengthen export development and enhance market access for Sri Lankan Export Oriented SMEs. The MoU was signed in the presence of Dr. Julia Bellinghausen, Head of IPD, together with Mr….
A total of 124,551 tourists arrived in Sri Lanka during June 2026, according to the Sri Lanka Tourism Development Authority (SLTDA). With the latest arrivals, the total number of tourist arrivals to the country for the year has reached 1,146,573. In comparison, 138,241 tourists visited Sri Lanka in June 2025, indicating a 9.9% decline in…
Wasantha Samarasinghe, Minister of Trade, Commerce, Food Security and Cooperative Development, chaired a meeting on Wednesday (01) with key government stakeholders at the Ministry to discuss the Free Trade Agreements (FTAs) review process and the way forward. During the meeting, the Hon. Minister inquired about the progress of the ongoing FTA review process and emphasized…
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