A major step towards strengthening trade, investment and business linkages between Sri Lanka and Hong Kong was taken with the successful hosting of the “Bridging Markets: Unlocking Hong Kong–Sri Lanka Trade & Investment Opportunities” Seminar and Business Networking Dinner on 19 August 2026 at the Celestine Ballroom, Cinnamon Life, Colombo. The programme was organized by…
The Sri Lanka Purchasing Managers’ Index for Construction (PMI – Construction), as reflected by the Total Activity Index, increased to 61.4 in July 2026, indicating continued expansion in construction activities. Many survey respondents highlighted the sustained flow of construction work despite input constraints, particularly the short supply of bitumen. The steady inflow of new projects…
Sri Lanka welcomed 173,878 tourists during the first 27 days of August 2026, according to the latest statistics released by the Sri Lanka Tourism Development Authority (SLTDA). With these latest figures, the total number of tourist arrivals to the country so far this year has successfully surpassed the 1.5 million mark, rising to 1,517,296. However,…
Today, Huawei and HP Inc. announced the signing of a multiyear global patent cross-licensing agreement, including license to HP Inc. for certain Huawei WiFi patents. This milestone agreement not only reflects the companies’ cooperation in the field of intellectual property licensing but also recognizes Huawei’s innovation capabilities and core technological strength as well as HP’s…
Sri Lanka today (31) marked a major milestone in its tourism development agenda with the official launch of two nationally significant consultancy assignments supported under the World Bank’s Grant Facility for Project Preparation (GFPP). The event was officiated by Prof. Ruwan Ranasinghe, Deputy Minister of Foreign Affairs, Foreign Employment and Tourism, who emphasized the importance…
The Colombo Consumer Price Index (CCPI, 2021=100) based headline inflation (year-on-year, Y-o-Y) increased to 8.0% in August 2026 from 7.3% in July 2026, primarily due to the statistical base effect in food inflation. Meanwhile, food inflation (Y-o-Y) increased to 8.5% in August 2026 from 6.3% in July 2026, contributing mainly to the increase in headline…
Sri Lanka’s export sector continued its positive growth in 2026, with total exports surpassing the US$ 10 Bn milestone during the first seven months of the year. Combined merchandise and services exports are estimated to have reached US$ 10,487.80 Mn during January–July 2026, recording a 5.5 % year-on-year growth compared to the corresponding period in…
Sri Lanka Sunday (30) welcomed its largest-ever privately organised Japanese visitor delegation, as more than 250 travellers arrived in Colombo through the Little Japan initiative, in what organisers are calling a landmark moment for tourism and bilateral cooperation between the two nations. The arrival marks the culmination of months of planning under the campaign banner…
The barometer loses ground as uncertainty makes for a cautious corporate mindset Extreme weather dominated headlines across the globe with much of Europe battling an unprecedented heatwave amid the developing effects of El Niño. Here at home, Sri Lanka faced the other end of the spectrum, as heavy rains and flash floods disrupted daily life…
Workshop advances TIFA Action Plan commitment and informs BOI’s investment attraction strategy The Board of Investment of Sri Lanka (BOI) hosted a tailored knowledge-sharing workshop led by the Australian Trade and Investment Commission (Austrade), focused on Austrade’s strategy and practices for promoting and attracting Foreign Direct Investment (FDI). The workshop follows an earlier session on…
Video Story
