Lead Story
Robert Kiyosaki, the 79-year-old author of the 44-million-copy best-seller Rich Dad Poor Dad, has revealed that he is $1.2 billion in debt. Appearing on the Get Rich Education podcast, he explained that this massive leverage is not a financial failure, but rather a deliberate wealth-building strategy. The massive figure is tied directly to real estate…
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Hayleys Solar, Sri Lanka’s No. 1 solar solutions provider, has completed a major solar energy transformation for Toyota Lanka (Private) Limited, installing a combined 3.3 MWp of solar generation capacity across four of the automotive group’s key facilities nationwide. The rollout is expected to generate roughly 4.6 GWh of clean electricity a year, enough to…
American Premium Water has secured four wins at Dragons of Sri Lanka Awards 2026, including three Gold Dragons and one Black Dragon, marking a significant milestone for the brand following its relaunch last year. Part of the prestigious Dragons of Asia awards, Dragons of Sri Lanka brings the program’s regional platform to the local market,…
The British Council Sri Lanka has launched Corporate English Solutions (CES), tailored to the Sri Lankan corporate and education ecosystem, aimed at helping organisations strengthen workplace communication and professional development. The launch event took place recently at the NH Collection, Colombo 3, gathering corporate partners, clients and education stakeholders throughout the country. CES extends the…
Long before modern grills, electric ovens and digital temperature controls entered professional kitchens, cooks across South Asia, Central Asia and parts of the Middle East relied on the tandoor. The centuries-old cylindrical clay oven remains central to some of the region’s most distinctive culinary traditions. At Charcoal Tandoor Fire Grill, this time-honored cooking method forms…
By Dr. Dilan Fernando, Director – SLIIT Innovate Sri Lanka’s next job creators may already be sitting in university classrooms. But entrepreneurship will not emerge from lectures and business-plan templates alone. Universities must connect young people to the problems, markets and institutions that turn ideas into resilient enterprises. This is a national economic priority. The…
Recognised for operational excellence, strategic performance and digital healthcare innovation SLT-MOBITEL has reinforced its commitment to business excellence by securing three prestigious accolades at the National Business Excellence Awards 2026, organised by the National Chamber of Commerce of Sri Lanka and held recently at Shangri-La Colombo. SLT PLC secured two Runner-up awards in the Infrastructure…
For ISC Education, international education is not simply about securing a university admission. It is about taking responsibility for a student’s journey from the first conversation about studying abroad through university placement, departure, academic life overseas and the years that follow. As an international education and university placement organisation, ISC Education works directly with overseas…
Baby Cheramy, Sri Lanka’s No. 1 baby care brand, has unveiled Cheramy World, Sri Lanka’s first locally developed edutainment world for children, marking an exciting new chapter in the brand’s journey. Designed to inspire children through play, imagination and learning, Cheramy World was introduced alongside the renovation of the Baby Cheramy Funtime Cologne Range, bringing…
JETOUR, represented in Sri Lanka by Euro Motors, has been named the Main Sponsor of The Next XV Rugby League, supporting a new platform that will bring together 140 Under-19 rugby players in a structured franchise-based competition. Organised by Sri Lanka Rugby in collaboration with the Sri Lanka Schools Rugby Football Association, The Next XV…
The tech analyst firm Gartner® has released the “Magic Quadrant for Enterprise Storage Platforms, 2026”. Huawei has earned a spot in the Leaders Quadrant, the only non–North American vendor to do so. Huawei OceanStor Data Storage continues to advance technological innovation, leveraging a high-efficiency and unified AI data platform, excellent capacity density and energy efficiency,…
Top News
Confidence in the economy strengthened in August with a larger share of corporate executives anticipating an improvement in the months ahead. However, the outlook remains cautious with half of those surveyed expecting economic conditions to remain unchanged amid rising costs and continued uncertainty surrounding the broader economic milieu. THE ECONOMY The latest LMD-PEPPERCUBE Business Confidence…
Recognizing the strategic importance of the Marine and Offshore sector to Sri Lanka’s export development, the National Export Development Plan (NEDP) 2026–2030 has identified Marine-Based Industries, including boat and shipbuilding, as one of the country’s priority export sectors. In line with this national priority, the Sri Lanka Export Development Board (SLEDB), in collaboration with the…
Lanka IOC PLC marked the commencement of its 25th year of operations in Sri Lanka with a market opening ceremony on the Colombo Stock Exchange (CSE) trading floor earlier this week, highlighted by the ringing of the Market Opening Bell. The event celebrated the company’s enduring contribution to Sri Lanka’s energy sector and its role…
Ruwanthi Gajadeera’s “Children of One Mother” carries the national flowers of all 56 Commonwealth nations, printed by sunlight Sri Lankan textile-led fashion designer Ruwanthi Gajadeera today presented an original cyanotype to His Majesty King Charles III at a garden party marking the 125th anniversary of the Victoria League for Commonwealth Friendship. The work, titled එක…
Standard Chartered Sri Lanka hosted “A Test of Resilience: Global Research Briefing Webinar on Global & Sri Lanka Economic Outlook for H2-2026”, bringing together corporate and financial institutions clients for an expert discussion on the prospects for the global economy, Sri Lanka and financial markets in the second half of the year. The webinar examined…
New industry insights reveal Indian couples are spending more, inviting fewer guests and prioritising experiences over extravagance, creating a significant opportunity for Sri Lanka’s luxury hospitality sector. Indian weddings are undergoing a profound transformation. While destination wedding budgets continue to rise, guest lists are shrinking, signalling a new era where memorable experiences, meaningful travel and…
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…
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…
Analysis
Confidence in the economy strengthened in August with a larger share of corporate executives anticipating an improvement in the months ahead. However, the outlook remains cautious with half of those surveyed expecting economic conditions to remain unchanged amid rising costs and continued uncertainty surrounding the broader economic milieu. THE ECONOMY The latest LMD-PEPPERCUBE Business Confidence…
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,…
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