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18% of Sri Lankans Turn to Generative AI for Brand and Product Discovery, Landmark Study Finds

Product discovery in Sri Lanka has undergone a permanent digital shift, with digital channels now influencing 51% of consumer purchase decisions, up sharply from 32% in 2020. According to findings from the BCG-Ceylon Chamber Consumer Study across all nine provinces, online touchpoints are dominating the pre-purchase evaluation phase. While word-of-mouth remains the overall leading source…

(0)Comments | October 8, 2026 3:18 pm

Sri Lankan Exporters Create New Business Opportunities at Hotel Asia 2026

The Sri Lanka Export Development Board (EDB), in collaboration with the High Commission of Sri Lanka in the Maldives and the Sri Lanka Maldives Business Council, organized Sri Lanka Pavilion at the Hotel Asia Exhibition & International Culinary Challenge 2026, held from 28th to 30th September 2026 in Hulhumalé, Maldives. The Sri Lanka Pavilion provided…

(0)Comments | October 8, 2026 2:23 pm

Vietjet launches three-day sale as new Colombo-Maldives service prepares for takeoff, expanding Sri Lanka connectivity

Vietjet is rolling out a three-day special sale from 8 to 10 October 2026, featuring Eco tickets from USD90 one-way (including taxes and fees) and 20% off Deluxe base fares (excluding taxes and fees) on Colombo–Ho Chi Minh City route. The promotion comes as the airline expands its international network with the upcoming launch of…

(0)Comments | October 8, 2026 2:19 pm

Ceylon Chamber Connects Sri Lankan Businesses with Mississippi Investment Opportunities

The Ceylon Chamber of Commerce facilitated several one-to-one meetings between Sri Lankan companies and the Mississippi Development Authority (MDA), USA, creating direct opportunities for businesses to explore manufacturing, investment, distribution and other avenues for establishing or expanding operations in the United States. The meetings brought together companies from sectors including advanced manufacturing, agribusiness and food…

(0)Comments | October 8, 2026 2:08 pm

Essentials Devour 58% of Household Wallets as 400,000 Families Slide Into Lower Income Brackets

Household consumption across Sri Lanka has staged a significant recovery, reaching LKR ~9 trillion in 2025 and continuing to anchor 60% to 70% of real GDP. However, a newly released landmark study by the Ceylon Chamber of Commerce and Boston Consulting Group (BCG) reveals an uneven economic recovery beneath the aggregate numbers. Approximately 0.4 million…

(0)Comments | October 8, 2026 1:54 pm

The cost of hesitation: lessons from Asian national strategies on oil palm

By Lalith Obeyesekere, Secretary General, Planters’ Association of Ceylon In his memoirs, Lee Kuan Yew described Ceylon as Britain’s model Commonwealth country, and took note of the significant lead that then Ceylon had in terms of its resources, infrastructure and institutions when compared to the Singapore he had inherited, or to his immediate neighbours, Malaysia…

(0)Comments | October 8, 2026 12:18 pm

Prime Takes Sri Lankan Real Estate to the World

Recognized in Australia At The Honor Roll & Business Awards 2026 for Bringing Significant Foreign Direct Investments to Sri Lanka Through Real Estate Prime has been recognized for its contribution towards attracting significant Foreign Direct Investment (FDI) to Sri Lanka through real estate, at Honor Roll & Business Awards 2026 presented by Australia Sri Lanka…

(0)Comments | October 8, 2026 12:13 pm

Central Bank of Sri Lanka releases the Key Findings of the Systemic Risk Survey – H2 of 2026

The Central Bank of Sri Lanka (CBSL) has released the key findings of the latest Systemic Risk Survey (SRS) conducted for the second half of 2026 (H2 of 2026), capturing financial market participants’ perceptions of risks to, and their confidence in, the Sri Lankan financial system. The survey was conducted from 17 July 2026 to…

(0)Comments | October 8, 2026 10:17 am

Central Bank of Sri Lanka Inaugurates The Financial Literacy Month – 2026

The Central Bank of Sri Lanka (CBSL) inaugurates the Financial Literacy Month – 2026 (FinLit Month) on 08 October 2026, commencing with “FinLit Expo – Colombo” at the Centre for Banking Studies, Rajagiriya. This national programme brings together a range of interventions across the island to strengthen financial knowledge, promote responsible financial behaviour and advance…

(0)Comments | October 8, 2026 8:32 am

Sri Lanka’s household consumption has recovered, but the consumer has changed: New report from BCG and The Ceylon Chamber of Commerce

Boston Consulting Group (BCG) today (07) released a report, “The Changing Path to Purchase in Sri Lanka,” in collaboration with The Ceylon Chamber of Commerce. It examines how Sri Lanka discovers, selects and transacts in a recovering economy. Six years on from BCG’s first study of the Sri Lankan consumer in 2020, the report set…

(0)Comments | October 7, 2026 6:32 pm

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