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India’s Madhya Pradesh Government Discusses Opportunities in Logistics, Hospitality, Tourism with Sri Lanka’s John Keells Holdings

(ANI): Madhya Pradesh government on Tuesday met Sri Lankan conglomerate Krishan Balendra, Chairman of John Keells Holdings PLC, on the sidelines of the World Economic Forum in Davos. As per a release from the MP Government, the discussions covered possible opportunities in Madhya Pradesh in the logistics, hospitality, food processing, and tourism sectors, and shared…

(0)Comments | January 20, 2026 4:48 pm

Mogo Studios Unveils Trailer of Sri Lanka’s First Animated Feature for Global Release

Mogo Studios has officially released the trailer for The Secret of the Moonstone, marking a historic milestone as Sri Lanka’s first fully produced animated feature film created for a global audience. The film is scheduled for worldwide theatrical release in 2026 and has already been submitted to several prestigious international film and animation festivals. Produced…

(0)Comments | January 20, 2026 4:01 pm

WindForce Secures Letter of Award for 50 MW Mullikulam Wind Power Project – Lot 1

WindForce PLC has been awarded the official Letter of Award by the Ceylon Electricity Board (CEB) for Lot 1 of the 50 MW Mullikulam Wind Power Project, confirming WindForce’s position as the Lowest Cost Bidder for one of Sri Lanka’s most strategically significant renewable energy developments. The award follows the successful completion of all statutory…

(0)Comments | January 20, 2026 3:55 pm

Revised National Standard Strengthens the Framework for Organic Agriculture in Sri Lanka

Sri Lanka has a long-standing tradition of environmentally harmonious agricultural practices, rooted in indigenous knowledge systems, mixed farming and biodiversity-rich home garden systems. In recent decades, organic agriculture has gained increasing national importance as a sustainable approach to address soil degradation, environmental pollution, food safety concerns and the growing demand for quality agricultural produce. In…

(0)Comments | January 20, 2026 3:11 pm

The Unit Trust industry closes 2025 with Rs. 587 Bn assets under management

The Unit Trust industry of Sri Lanka reported a 7.8% year-over-year growth of its assets under management (AUM) to Rs. 587 Bn by the end of 2025. During the year, the AUM reached a high of Rs. 613 Bn, indicating continued interest in the asset category. These assets are currently managed across 86 funds by…

(0)Comments | January 20, 2026 2:23 pm

Sri Lanka Opens Bidding for Grand Hyatt Owner Canwill Holdings

The Government of Sri Lanka (GoSL) intends to divest the 100% shareholding in Canwill, the parent company to Sinolanka Hotels & Spa (Pvt) Ltd (Sinolanka) and Helanco Hotels & Spa (Pvt) Ltd (Helanco). GoSL will implement this divestiture through the Ministry of Finance, Planning and Economic Development with Deloitte Touche Tohmatsu India LLP (DTTILLP) appointed as the…

(0)Comments | January 20, 2026 2:17 pm

TikTok releases Q3 2025 Community Guidelines Enforcement Report

TikTok has released its Q3 2025 Community Guidelines Enforcement Report, showcasing its ongoing commitment to creating a safe digital space for its users. The report, which covers data from July to September 2025, details the proactive steps TikTok has taken to identify and remove content that violates its Community Guidelines, ensuring a positive experience for…

(0)Comments | January 20, 2026 9:01 am

Plans for 2026 on the journey towards a digital economy Under President’s review

A discussion to review the progress of projects implemented under the Ministry of Digital Economy in 2025 and to examine new projects planned to be implemented under the 2026 budgetary allocations was held yesterday morning (19) at the Presidential Secretariat under the patronage of the Minister of Digital Economy, President Anura Kumara Dissanayake. Special attention…

(0)Comments | January 20, 2026 8:52 am

IMF World Economic Outlook update: Global growth projected to remain resilient at 3.3% in 2026

Global growth is projected to remain resilient at 3.3 per cent in 2026 and at 3.2 per cent in 2027, rates similar to the estimated 3.3 per cent outturn in 2025, the International Monetary Fund (IMF) said in its World Economic Outlook update, published on January 19. The forecast marks a small upward revision for…

(0)Comments | January 20, 2026 8:39 am

Trump to meet global CEOs in Davos, with US policy in spotlight

(Reuters) – Donald Trump is expected to meet global business leaders in Davos on Wednesday, sources familiar with the matter said, as the U.S. President’s presence looms large over the annual gathering of the global elite in Switzerland. Business leaders, including CEOs in financial services, crypto and consulting, were invited to a reception after Trump’s…

(0)Comments | January 20, 2026 8:37 am

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