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Marking another significant milestone in Sri Lanka’s journey towards becoming a leader in digital and industrial transformation amid the rapid evolution of the global technology landscape, the Wireless Intelligence and Innovation (WIIN) Institute of Technology was officially launched at TRACE Expert City. The inaugural ceremony was held under the patronage of Deputy Minister of Digital…
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Low Maintenance Fees and Flexible Payment Plans Redefining Green Living Human-Centric, Accessibility-First Living, built on real feedback Premier boutique real estate firm Excello Developers has officially launched its newest residential landmark, Aathavan by Excello, situated at the highly accessible Carron Place in Dehiwala. Starting from LKR 38Million, this eco-conscious development introduces a fresh standard of…
TikTok announced a new set of initiatives to help people better identify and understand AI-generated content on the platform to ensure that they have a safe digital experience. As generative AI continues to transform how content is created and shared, the company is expanding its efforts to promote transparency through new educational resources, enhanced spam…
The Sri Lanka Chamber of the Pharmaceutical Industry (SLCPI) announced the reappointment of Sunshine Healthcare Lanka Ltd. Director and Chief Executive Officer Shantha Bandara as its President for the 2026/27 term at the Chamber’s 65th Annual General Meeting held at Cinnamon Grand Colombo. The event was graced by Dr. Hansaka Wijemuni, Deputy Minister of Health,…
The Association of Container Transporters (ACT), the apex representative body of Sri Lanka’s container transport industry, successfully concluded its 41st Annual General Meeting (AGM) and Fellowship on 26 June 2026 at the Lotus Tower, Colombo, reaffirming its commitment to strengthening the country’s logistics and supply chain sector through closer industry collaboration and constructive engagement with…
The Cauldron, the café that helped bring Pol Roti Koththu into Colombo’s café culture, celebrates its ninth anniversary this year, reflecting on a journey shaped not by rapid expansion, but by steady, intentional progress. Founded nine years ago by a husband-and-wife team, CAULDRON & Co. began with a simple idea: to create genuine experiences through…
Historic exhibition at Westminster House will feature rarely seen works by prominent British artists The George Keyt Foundation in partnership with the British High Commission in Colombo will present “19th Century Views of Ceylon,” a landmark exhibition showcasing a rare collection of historic artworks by renowned British artists. The exhibition will be held from July…
SECURES OVER 25,000 PRE-REGISTERED PASSENGERS AND DRIVERS IN RECORD TIME Backed by strategic collaborations with Dialog Axiata and TVS, driving a groundbreaking “community-first” reinvestment model that integrates advanced technology with zero-commission driver structures and unprecedented passenger discounts. Miwayz, Sri Lanka’s newest and most anticipated lifestyle and smart mobility platform, has officially announced its grand launch….
DMS Software Engineering (Pvt) Ltd (DMS) has announced the successful implementation of its flagship DMS-IMAGO platform at HSBC Sri Lanka, marking another milestone in the company’s journey as a trusted provider of enterprise-grade banking technology solutions. The implementation further reinforces DMS’ growing reputation as a fintech partner capable of delivering scalable, future-ready infrastructure to global…
Demonstrating its continued commitment to community development, Citi partnered with ChildFund Sri Lanka to support Mawela Kanishta Vidyalaya in Wadduwa recently as part of Citi Global Community Day 2026, the company’s flagship annual volunteer initiative. More than just a day of service, the initiative brought together Citi volunteers to help create a more conductive learning…
Reaffirming its commitment to driving innovation in the energy sector, Ceylon Energy successfully hosted Energize 2026, a premier knowledge-sharing forum that brought together global industry experts, engineers, investors, business leaders, and energy professionals to explore the latest developments shaping the future of energy. Held under the theme “Latest Industrial Developments in the Energy Sector,” the…
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Forward Faster Now | APAC 2026 will bring together leaders from business, policy makers, sustainability practitioners, and the United Nations across Asia-Pacific to strengthen partnerships, advance dialogue and accelerate sustainable business leadership for a more resilient, inclusive and prosperous future. Asia-Pacific stands at the forefront of one of the defining transitions of our time. Home…
Trading activity at the Colombo Stock Exchange (CSE) remained subdued on Friday (17), with daily turnover falling to its lowest level in the past 15 months. Market turnover amounted to Rs. 722 million at the close of trading, marking the lowest daily turnover since April 17, 2025, when the market recorded Rs. 792 million. Today’s…
At Cinnamon Life from 4th to 6th January 2027 The 34th Edition of FACETS Sri Lanka organized by the Sri Lanka Gem & Jewellery Association, will take place from the 4th to 6th January 2027 at the iconic Cinnamon Life at City of Dreams Colombo. The landmark event will bring together over one hundred exhibitors…
The Exporters Association of Sri Lanka (EASL) welcomes Sri Lanka’s commitment to aligning with internationally accepted labour standards and supporting global efforts to eliminate forced labour from supply chains. As an export-oriented nation, maintaining confidence in Sri Lanka’s trading environment and complying with international obligations are of paramount importance. The Association notes that while the…
Reuters – Asian markets slid sharply on Friday (17), with equity benchmarks in Japan and Taiwan falling as much as 6%, as a global rout in technology stocks accelerated. Japan’s benchmark Nikkei 225 gauge confirmed correction territory, down more than 10% since its all-time high close on June 25. TAKAMASA IKEDA, SENIOR PORTFOLIO MANAGER, GCI ASSET…
Colombo West International Terminal (CWIT) has reached another defining milestone in its journey to transform Sri Lanka’s maritime sector by becoming the first container terminal at the Port of Colombo to achieve three internationally recognized ISO certifications simultaneously. The achievement strengthens CWIT’s position as a benchmark for modern port operations while reaffirming its commitment to…
Exporters’ Association of Sri Lanka Elects New Leadership at 29th Annual General Meeting The Exporters’ Association of Sri Lanka (EASL) elected its new office bearers and Executive Committee at its 29th Annual General Meeting, held recently with the participation of exporters, industry leaders, Heads of Mission, trade officials and representatives from across Sri Lanka’s export…
Reuters – Oil prices rose on Friday after the U.S. and Iran stepped up attacks across the Gulf, with their broken truce limiting oil flows out of the Strait of Hormuz and with Tehran asking the Houthi political and military organisation to stand ready to shut the Red Sea export route. Brent crude futures rose 70 cents,…
Analysis
Rajitha Kariyawasan Managing Director, Haycarb PLC “The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man.” – George Bernard Shaw The world is in the midst of a profound shift. The accelerating transition toward electrification in transport,…
By Prof. Samitha Hettige The plot of US TV series ‘Prison Break’ was about a man wrongly sentenced to death & how his brother plans to get imprisoned in the same prison to break them both out. Critiques highlight clever plots & intense drama capturing the essence of a high stakes escape (Ref. Media). After…
Developing Asia remained the world’s largest destination for foreign direct investment (FDI) among developing regions in 2025. But the region’s significance increasingly lies not only in the volume of investment it attracts, but also where within the region that investment is going. That shift matters for development because FDI can help economies move into higher-value…
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