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The Ceylon Chamber of Commerce has met with the International Monetary Fund’s (IMF) 7th Review Mission to Sri Lanka to discuss current economic conditions and brief the delegation on key issues facing businesses on the ground. During the discussion, the Chamber presented its perspective on Sri Lanka’s overall economic growth prospects and outlined key support…
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Perituza Software Solutions, a Houston-headquartered technology company with operations in Colombo and New Delhi, has successfully concluded the second edition of its Applying AI in Corporate Workflows workshop series, this time focusing on sales operations. Following the inaugural workshop, which brought together professionals from the advertising, PR, media buying and agency sectors, the latest session…
Sarvodaya Development Finance PLC (SDF) has been ranked 1st among Category 3 listed finance companies in Sri Lanka for the first quarter of the 2026/2027 financial year, according to the latest comprehensive financial performance ranking published by K Seeds Investments (Pvt) Ltd. The ranking evaluates listed finance companies across ten equally weighted key performance indicators…
SLIIT marked a significant milestone with the successful conclusion of its September 2026 Convocation, honouring over 3,500 graduates, the largest graduating cohort in the institution’s history. Held from 14 to 19 September 2026 at the SLIIT Malabe Campus, the six-day convocation brought together undergraduate and postgraduate graduates across Computing, Business, Engineering and Architecture, Humanities and…
DIMO Agribusinesses successfully concluded the DIMO Care Camp 2026, completing 38 activations across 38 locations islandwide from 8 August to 15 September 2026. Open to tractors of any brand or model, the initiative reinforced DIMO Agri Machinery’s commitment to providing reliable after-sales support while strengthening engagement with farming communities across Sri Lanka. The DIMO Care…
Maliban Biscuit Manufactories has strengthened its standing among Sri Lanka’s leading corporates, securing 15th place in LMD’s Most Respected Entities in Sri Lanka 2026 ranking, moving up five positions from 20th place in 2025. The advancement reflects Maliban’s growing reputation within Sri Lanka’s corporate community and places the company among the country’s Top 20 most…
Doc990, Sri Lanka’s pioneering digital health solutions provider operated by Digital Health (Pvt) Ltd, a subsidiary of Dialog Axiata PLC, has expanded its pharmacy network through a partnership with Lassana Health, further strengthening its digital healthcare ecosystem. Lassana Health Pharmacy Platform is now available on both Doc990 mobile app and web platforms. This allows users…
HNB PLC, Sri Lanka’s leading private sector bank, has partnered with the Sri Lanka Institute of Marketing (SLIM) as the Exclusive Banking Partner for two of SLIM’s premier industry events, the Effie Awards Sri Lanka 2026 and SLIM DIGIS 2.6. Under the partnership, HNB secures exclusive sponsorship and branding rights across both platforms to be…
HR-led transformation places people, culture and business performance at the heart of the organisation Ideal Motors (Pvt) Ltd,has achieved a significant milestone by securing multiple prestigious workplace and organisational culture accolades in 2026, reinforcing its position as an employer of choice in Sri Lanka’s automotive sector. Among its latest achievements, Ideal Motors has been recognised…
Ambewela, Sri Lanka’s benchmark for premium dairy excellence, has once again raised the bar in product innovation with the launch of its new Mango Flavoured Yoghurt, bringing together the rich, authentic taste of mango and the creamy goodness of Ambewela yoghurt. Made from pure, fresh milk sourced from Ambewela’s own farms, the new Mango Flavoured…
New Wattala facility strengthens processing capacity, quality standards and local agricultural value addition Celebrating 45 years in Sri Lanka’s food commodity industry, Omega Traders is entering a new chapter with the opening of its modern Lentil & Orid Dhal Processing Factory at 258 Canal Road, Wattala. The new Lentil & Orid Dhal Processing Factory will…
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A high-level discussion on the implementation of the National Export Development Plan (NEDP) 2026–2030 was successfully held at the Ministry of Ports and Civil Aviation on 15th September 2026, with a focus on strengthening the contribution of Sri Lanka’s ports and logistics sector to the country’s export growth. The meeting was chaired by Hon. Anura…
The Peoples Republic of China was founded by the Chinese Communist Party on 1st October 1949 & will be celebrating its 77th anniversary this year. Sri Lanka (then Ceylon) recognized it when many didn’t as latter has had centuries old relations with the great Chinese civilization. China is the only permanent member of the UN…
Young people in Sri Lanka are entering one of the most daunting job markets in recent history, confronting Asia’s highest rate of educated youth unemployment alongside severe emergency economic restrictions. According to International Monetary Fund (IMF) research, joblessness among young people (ages 15–24) with advanced or postsecondary education in Sri Lanka has reached 43 percent….
Ambassador of Sri Lanka to the Republic of Korea, M.K. Pathmanaathan recently visited the Busan Chamber of Commerce and Industry (BCCI), where he met with senior officials of the Chamber, including Yang Jae Saeng, President of the Busan Chamber of Commerce and Industry. Executive Vice President, Jung Hyun Min and Executive Director Lee, Kyu Jung,…
Global coal demand is forecast to rise 1.2% to a record 8.94 billion tonnes in 2026, with Chinese demand reaching about 5 billion tonnes and Indian demand 1.353 billion tonnes. Higher gas prices caused by reduced LNG flows through Hormuz are encouraging gas-to-coal switching, while strong El Niño conditions are adding cooling demand and reducing…
Dual recognition underscores how ESG principles drive leadership in financial performance, sustainability and inclusive growth Reaffirming its undisputed leadership in Sri Lanka’s banking landscape, the Commercial Bank of Ceylon has secured two of the most coveted accolades at the Euromoney Awards for Excellence 2026, winning the titles of ‘Best Bank in Sri Lanka’ and…
Citypak by Advantis, the domestic courier arm of Advantis Group, the transportation and logistics arm of Hayleys PLC, has entered into a strategic collaboration with PickMe to launch PickMe Courier, a new island-wide parcel delivery feature integrated into the PickMe app. The collaboration brings together Citypak’s expanding logistics capabilities with PickMe’s widely used digital mobility…
Reuters – Warren Buffett stepped down on Friday as chairman of Berkshire Hathaway, ending more than six decades building the conglomerate and making himself perhaps the world’s most revered investor. Buffett, 96, was named chairman emeritus, with his oldest son Howard Buffett, 71, a director since 1993, becoming non-executive chairman. The change came nearly nine…
Analysis
The Peoples Republic of China was founded by the Chinese Communist Party on 1st October 1949 & will be celebrating its 77th anniversary this year. Sri Lanka (then Ceylon) recognized it when many didn’t as latter has had centuries old relations with the great Chinese civilization. China is the only permanent member of the UN…
Young people in Sri Lanka are entering one of the most daunting job markets in recent history, confronting Asia’s highest rate of educated youth unemployment alongside severe emergency economic restrictions. According to International Monetary Fund (IMF) research, joblessness among young people (ages 15–24) with advanced or postsecondary education in Sri Lanka has reached 43 percent….
By: Bikram Dasgupta, EY GDS Consulting Technology Sector and AI Innovation Leader The future is being shaped by a generation growing up alongside artificial intelligence (AI), biotechnology, and quantum computing. For Sri Lanka, however, the opportunity is not to replicate the scale of the world’s largest technology hubs. It is to turn the country’s talent,…
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