The Sri Lanka Export Development Board (EDB), in collaboration with the Embassy of Sri Lanka in Thailand, successfully organized a Technical Exposure and Capacity Building Programme in parallel to THAIFEX – ANUGA ASIA 2026, held from 24th to 31st May 2026 in Bangkok, Thailand. The programme provided a unique opportunity for 11 export ready Sri…
A discussion aimed at identifying swift solutions to the challenges facing Sri Lanka’s apparel sector, with a view to strengthening an export-led economy and enhancing dollar earnings, was held this afternoon (22) at the Presidential Secretariat under the patronage of President Anura Kumara Dissanayake. The meeting brought together leading business leaders and investors in the…
You must be extremely vigilant about this scam. It is highly sophisticated, and many people can easily become victims because the fraudsters have designed it to appear completely legitimate. The scam typically begins with a WhatsApp message sent to the victim. The message claims to be from the Department for Registration of Persons (DRP) and…
Sri Lanka’s overall inflation, measured by the National Consumer Price Index (NCPI), accelerated to 5.4% in May 2026 from 4.7% recorded in April, according to the latest data released by the Department of Census and Statistics. The 12-month moving average inflation also increased to 2.4% in May from 2.0% in the previous month. The All…
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Reuters – Asian share markets swung higher on Monday as Iranian negotiators said progress had been made in peace talks with the United States, helping calm fears the process was breaking down. Officials from Qatar and Pakistan also released a statement saying the first session of talks had concluded and progress was made on a roadmap to…
The Export Development Board (EDB) recently convened a special meeting with key industry stakeholders to discuss the growing challenges confronting Sri Lanka’s coconut fiber export sector particularly the shortage of raw material that is disrupting production processes and driving up costs for manufacturers and exporters. Sri Lanka’s coconut coir and fiber-based product exports delivered a…
The Sri Lanka Tourism Development Authority (SLTDA) recently announced that 145,745 foreign tourists visited Sri Lanka in May 2026. This represents a 9.65% increase in arrivals compared to May 2025. According to the Ministry of Tourism, this is the highest number of tourist arrivals recorded for the month of May in the country’s history. However,…
An International Monetary Fund (IMF) country team is set to arrive in Sri Lanka for a staff visit scheduled from June 24 to 30. The mission, announced by IMF Mission Chief Evan Papageorgiou, aims to evaluate the nation’s ongoing economic recovery efforts. During the week-long visit, the IMF delegation plans to engage with government authorities…
FitsAir officially commenced direct operations between Colombo and Ahmedabad on 19th June 2026, becoming the only airline to offer non-stop flights between the two cities. Operating three times weekly, the new service strengthens connectivity between Sri Lanka and Western India while offering greater convenience for both leisure and business travellers. Ahmedabad, one of India’s leading…
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