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EDB’s national programme brings exporters, SMEs, artisans, designers and academia together to transform Sri Lanka’s traditional craftsmanship into contemporary products for global markets For generations, Sri Lankan artisans have transformed clay, wood, fibre, metal, textile and other indigenous materials into objects that reflect the island’s culture and identity. Yet much of this creative wealth has…
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Building on its U.S. equities offering, Binance expands access to options on selected U.S. stocks and ETFs for eligible users Binance recently announced it will begin offering options on 1,000+ selected U.S. stocks and ETFs through Nest Trading Limited, its Abu Dhabi Global Market-regulated broker-dealer. Nest Trading Limited acts as introducing broker, routing orders to…
Groundworth (Pvt) Ltd has launched “The Highway by Groundworth”, an exclusive land development located just 1 km from the Kottawa Expressway Interchange, offering premium residential plots with convenient access to the Southern Expressway (E01) and Outer Circular Expressway (E02). Positioned inside an established and rapidly developing residential corridor, The Highway offers residents easy access to…
Siyapatha Finance PLC, the largest fully-owned finance company of the Sampath Bank Group, delivered an exceptional financial performance for the six months ended 30 June 2026, reflecting the Company’s continued strategic growth initiatives, resilient asset quality, and unwavering commitment to sustainable value creation. The Company recorded a profit after tax (PAT) of Rs. 1,007 million,…
New Media Solutions Wins Gold and Two Silver Awards at Dragons of Sri Lanka 2026 New Media Solutions (Pvt) Ltd has been recognised at the Dragons of Sri Lanka 2026, taking home a Gold Award in the Marketing Discipline category for Softlogic Life Insurance PLC’s Health Score campaign and two Silver Awards in Public Relations…
By SB Seker, Head of APAC, Binance Sri Lanka’s economic rebound over the past four years is a testament to national resilience. The World Bank’s recent upgrade of Sri Lanka to an upper-middle-income economy, alongside significant improvements on the Global Peace Index, marks a definitive turning point. The nation has successfully moved past acute crisis…
A South Asian story of showcasing Couture designers from China, India, Pakistan and Sri Lanka with a Wedding Tourism Summit to anchor the edition CFW Couture + Trousseau, presented by Nations Trust Bank, returns 17 to 19 September, conceived this season through the lens of Art as “Living Sculpture.” The presentation, conceptualised by CFW, explores…
Conrad Dias, Vice Chairman of the Fintech Forum Sri Lanka and Chairman of LOLC Finance PLC, believes the next stage of Sri Lanka’s fintech journey is about helping local fintech companies access larger regional markets, strengthen collaboration with banks and regulators, and build an ecosystem capable of sustaining long-term growth. For Sri Lanka’s fintech companies,…
The use of AI in software engineering is moving beyond code generation towards AI agents that can take on defined tasks, work across systems and support multiple stages of a development workflow. It is a shift that 99x, a global technology company, is actively exploring through its AI-driven development lifecycle (AI-DLC). The company has been…
The latest nine-room boutique Villa is a sanctuary on Hiriketiya Bay in Dikwella, Sri Lanka and reinvents modern boutique hospitality through design and simplicity. The Cove Hiriketiya today announced the launch of its nine-room boutique property on Hiriketiya Bay, Dikwella, on Sri Lanka’s south coast, approximately three hours by road from Colombo and Bandaranaike International…
HNB PLC has partnered with Continental Cars & Commercials (Pvt) Ltd, the authorised distributor of Volkswagen in Sri Lanka, to introduce an exclusive financing programme for Volkswagen vehicles. Under the partnership, HNB will offer special leasing rates together with a residual value for lease facilities of up to seven years . Customers will also receive…
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Reuters – Stocks slumped in Asian trading on Wednesday as a bond market-induced selloff on global markets spilled over into the region, after renewed attacks by the U.S. on Iran pushed oil prices higher. MSCI’s broadest index of Asia-Pacific shares outside Japan tumbled 1.5% as South Korea’s KOSPI dropped more than 3%, while the Nikkei 225 was down 2.6%. S&P…
Sri Lanka has reached a major milestone in strengthening its national food control system with the launch of its first National Food Safety Policy, providing a comprehensive framework to safeguard public health, strengthen food systems, and support economic growth through a coordinated, risk-based approach to food safety. Developed under the leadership of the Ministry of…
Reuters – Oil prices rose in early trade on Wednesday, extending the previous session’s surge, as concerns over supply disruption intensified after the U.S. and Iran exchanged strikes overnight, dimming hopes for a quick easing of tensions in the Middle East. Brent crude futures rose 75 cents, or 0.8%, to $95.40 a barrel by 0345 GMT, while…
Beyond its refreshed spaces and stunning beachfront setting, Citrus Hikkaduwa is embracing a new identity as one of the South Coast’s most exciting entertainment hubs. At the heart of this transformation is Summer Salt, the hotel’s signature social and entertainment venue, positioned as the new address to be seen in Hikkaduwa. Designed to capture the…
Keells supermarkets use Salesforce to deliver personalised engagement to more than two million Keells Nexus loyalty members John Keells CG Auto is leveraging Salesforce to unify customer intelligence, streamline operations, and enable intelligent automation. Salesforce, the #1 Agentic CRM*, announced the expansion of its collaboration with John Keells Holdings PLC (JKH), one of Sri Lanka’s…
Sri Lanka’s external current account recorded a deficit of US $142 million in July 2026, marking the fourth consecutive month in negative territory as the nation navigates severe headwinds from geopolitical developments in the Middle East. According to the latest data, the cumulative external current account has slid into a deficit of US $387 million…
The Japanese delegation, brought together under the initiative of Dr. Ruwan Perera and Little Japan, began its journey across Sri Lanka with visits to the sacred sites of Mihintale and Anuradhapura, including the historic Jaya Sri Maha Bodhiya, among other key locations, immersing themselves in the island’s rich Buddhist heritage. The group then travelled onward…
Hon. Dr. Harini Amarasuriya, Prime Minister of Sri Lanka, will deliver the keynote address at a special session on day 2 of the Sri Lanka Economic & Investment Summit 2026 organised by The Ceylon Chamber of Commerce, titled “Nation Building in the Digital Age”, on 13 October 2026 at the Shangri-La Colombo. The session will…
Analysis
Sri Lanka’s external current account recorded a deficit of US $142 million in July 2026, marking the fourth consecutive month in negative territory as the nation navigates severe headwinds from geopolitical developments in the Middle East. According to the latest data, the cumulative external current account has slid into a deficit of US $387 million…
Conrad Dias, Vice Chairman of the Fintech Forum Sri Lanka and Chairman of LOLC Finance PLC, believes the next stage of Sri Lanka’s fintech journey is about helping local fintech companies access larger regional markets, strengthen collaboration with banks and regulators, and build an ecosystem capable of sustaining long-term growth. For Sri Lanka’s fintech companies,…
Sri Lanka’s export sector continued its positive growth in 2026, with total exports surpassing the US$ 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…
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