The Ceylon Chamber of Commerce announced the re-election of Chairperson Krishan Balendra and the election of its Board for the Year 2026/27 at the Chamber’s 187th Annual General Meeting on June 25. High Commissioner of Britain to Sri Lanka, His Excellency Andrew Patrick, attended as Chief Guest. The 2026/27 office-bearers are Chairperson Krishan Balendra, – Chairperson John Keells Holdings PLC,…
Central Depository Systems (Pvt) Ltd (CDS), a subsidiary of the Colombo Stock Exchange (CSE), has announced new measures aimed at protecting dormant CDS accounts that have remained inactive for three years or more. The measure will involve a staggered suspension framework for dormant accounts which can be re-activated at any time quite easily by account…
Vietjet has opened bookings with special launch fares for its new Colombo–Ho Chi Minh City route, scheduled to commence on 18 August 2026. The service will be the first scheduled direct air connection between Sri Lanka and Vietnam, further strengthening tourism, business, and cultural ties between the two countries. To celebrate the new route, Vietjet…
The Condominium Developers Association of Sri Lanka (CDASL), the premier representative body of condominium developers in Sri Lanka, successfully held its 12th Annual General Meeting on 23 June 2026 at the Board Room of the Ceylon Chamber of Commerce. At the AGM, the membership reappointed Mr. Pinsiri Fernando of Suncity Property Developers (Pvt) Ltd as…
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…
This week marked the close of a remarkable chapter in Sri Lanka’s investment promotion history, as Mrs. Renuka M. Weerakone, Director General of the Board of Investment of Sri Lanka (BOI), relinquishes her position on 30 June after more than three decades of unbroken service to the institution she has helped shape and steer. Mrs….
The Sri Lanka–Thailand Free Trade Agreement (SLTFTA), signed in 2024 and currently awaiting implementation, took center stage at the Thailand–Sri Lanka Business Forum: Trade, Investment and Beyond, organized by the Royal Thai Embassy in collaboration with the Sri Lanka–Thailand Business Council and the Sri Lanka–Greater Mekong Business Council in Colombo on 18 June 2026. Bringing…
Enabling seamless contactless payments at home and abroad Seylan Bank, in collaboration with Google and Mastercard, has launched Google Pay for its Mastercard debit and credit cardholders, marking another milestone in Sri Lanka’s shift towards cashless, mobile‑first payments. With this launch, Seylan Bank customers can add their Mastercard cards to Google wallet and make fast,…
Reuters – Asian equities surged on Thursday after strong earnings and forecasts from chip giants Micron and Qualcomm helped alleviate some concerns over the red-hot AI rally that has pushed global stocks to record highs. Tech-heavy markets in Japan and South Korea rose sharply after Micron said its customers had committed $22 billion for its memory chips, while Qualcomm anticipates $15…
Reuters – Oil prices extended their decline on Thursday to near levels last seen before the start of the Iran war, as rising supply expectations from the Middle East outweighed demand concerns. Prompt-month Brent crude futures for August delivery fell $1.22, or 1.65%, to $72.52 a barrel as of 0337 GMT, while U.S. West Texas…
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