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Workshop advances TIFA Action Plan commitment and informs BOI’s investment attraction strategy The Board of Investment of Sri Lanka (BOI) hosted a tailored knowledge-sharing workshop led by the Australian Trade and Investment Commission (Austrade), focused on Austrade’s strategy and practices for promoting and attracting Foreign Direct Investment (FDI). The workshop follows an earlier session on…
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Toronto-based fashion brand Arvénoir, founded by designer and entrepreneur Anamica Mithila, is expanding its international presence with the launch of its official e-commerce platform, www. Arvénoir.com, in Sri Lanka. Known for contemporary design, effortless tailoring and conscious craftsmanship, Arvénoir is introducing its premium European linen collections to Sri Lankan consumers. Featuring breathable fabrics, refined silhouettes…
A strategic investment to accelerate development of the platform ahead of its market launch. Aventude Pte Ltd, the award-winning AI-native software engineering firm, today announced a US$1 million commitment to Skarpa.ai, a platform positioned as a bet on the next decade of software, built on a single conviction: software is about to become a living…
DFCC Bank has won two country awards at the 4th ICC Emerging Asia Banking Conclave & Awards 2026, receiving Best Performance on Growth – Sri Lanka and Best Performance on Profitability – Sri Lanka. Organised by the Indian Chamber of Commerce (ICC), the regional awards recognise the performance of financial institutions across emerging Asian markets….
Vista Essential Foods (Pvt) Ltd., a dynamic new force in spice manufacturing and essential foods, officially unveiled its flagship spice portfolio during a launch event held recently at the Hilton Colombo. Created to enrich daily Sri Lankan cooking with authentic local flavours, the milestone event introduced the brand and its inaugural product range to consumers,…
The Commercial Bank of Ceylon has taken centre stage at a leading global technology forum in Copenhagen, becoming part of a groundbreaking industry-first that demonstrates how cutting-edge telecom architecture can transform modern banking. At TM Forum’s ‘DTW Ignite 2026,’ a premier global platform that brings together communications service providers, technology partners and digital ecosystem leaders,…
An intriguing conversation on craft revival at Rithihi, the cultural space at Alfred House Gardens – for South Asian heritage textiles and their contemporary designer expressions When a craft goes extinct, it’s a permanent loss of knowledge and creativity that humans painstakingly assembled for centuries. This loss ripples far beyond a simple style or a…
MD looks back on Samsung’s leadership in home appliances at Superbrands Sri Lanka’s Choice 2025 Samsung Sri Lanka has been recognised at Superbrands Sri Lanka’s Choice 2025 in the Home Appliance category, marking a significant milestone for a brand that has built a strong presence in Sri Lankan homes through innovation, quality and consumer trust….
A new approach to plastic waste management is emerging in Sri Lanka’s plantation sector, where renewable energy, recycling, community livelihoods and environmental conservation have been brought together under one initiative. The Somerset Eco Material Collection and Processing Centre (MCPC), established at Somerset Estate in Radella under Talawakelle Tea Estates PLC Strengthening Women and Youth Engagement…
BYD and its authorized Sri Lankan distributor, John Keells CG Auto, officially launched the BYD Mobile App in Sri Lanka, introducing one of the country’s most advanced connected vehicle ecosystems and marking a major milestone in the brand’s digital transformation journey. Since the app went live on 7th August, over 4,000 customers have already installed…
Real Smart Global (Pvt) Ltd has been recognised as the ‘Most Trusted Student Visa Consultancy of the Year 2026’ at the Asia Miracle Awards 2026, further strengthening its standing in Sri Lanka’s foreign education and student visa consultancy sector. The award was presented at the Asia Miracle Awards 2026 held on 30 June at the…
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Evolution Auto (Pvt) Ltd and Sampath Bank have signed a Memorandum of Understanding (MOU) to support the adoption of electric vehicles (EVs) in Sri Lanka, combining Evolution Auto’s growing portfolio of EVs with Sampath Bank’s financial solutions to make EV ownership more accessible to customers. Along with a range of EVs that meet various mobility…
Today (31), the Tourism Section of the Ministry of Foreign Affairs, Foreign Employment and Tourism will officially launch consultancies for the development of Sri Lanka’s Global Promotional Campaign Road Map and its National Tourism Strategic Plan (2026–2030). The launch and press briefing, supported by the World Bank’s Grant Facility for Project Preparation (GFPP), are taking…
The Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE), in collaboration with Port City Colombo and the Consul General of Sri Lanka for Victoria, South Australia and Tasmania, successfully hosted the “Invest Sri Lanka” Investor Forums in Melbourne on 18 and 19 August 2026 at Hyatt Place Melbourne, Essendon Fields and…
Leadership duo Yudhi Kanagasabai and Raju Radha stabilize one of Sri Lanka’s pioneer investment banks to pave the way for long-term revival. Asia Capital PLC has achieved a major breakthrough in its financial recovery, securing a LKR 1.5 billion debt rebate on a LKR 1.8 billion obligation owed to shareholder creditor Fast Gain International Ltd….
Australian airline Jetstar Tuesday (25) launched the first direct low-fares flights between Sri Lanka and Australia, with its inaugural service touching down at Bandaranaike International Airport this evening and the first Colombo to Melbourne flight departing shortly after. Flying three times a week, year-round, the new route aims to give travellers more than 100,000 low-fare…
Colombo’s container boom propels Sri Lanka’s premier port into the world’s top 20, as volumes surge nearly 12 per cent in six months. The Port of Colombo has strengthened its position as one of the world’s fastest-growing major container hubs, handling 4.44 million TEUs in the first half of 2026, an 11.9 per cent year-on-year…
As part of Forward Faster Now | APAC 2026, the UN Global Compact Network Sri Lanka convened the SDG Investment Forum, a high-level Technical Deep Dive and Leadership Roundtable dedicated to advancing sustainable and transition finance across Asia-Pacific emerging markets. Delivered in collaboration with the United Nations Environment Programme Finance Initiative (UNEP FI), the Principles…
The future competitiveness of Sri Lanka’s businesses will depend not only on sound management but on the strength, vision and effectiveness of the country’s boardrooms. That message resonated strongly as the Sri Lanka Corporate Director Summit 2026, organised by the Sri Lanka Institute of Directors (SLID), successfully concluded recently, bringing together 475 participants, including chairpersons,…
Analysis
The Sri Lankan property market could enter its next major growth phase following the government’s approval to commence the procurement process for the first phase of the Ruwanpura Expressway Project. Phase 1 of the project, which will connect Kahathuduwa to Ingiriya and will include the construction of a new bridge interchange at Kahathuduwa, is expected…
The Land Valuation Indicator (LVI) compiled for Colombo District increased by 5.9 per cent at a moderate pace during the first half of 2026, compared to the corresponding period of 2025. All three sub indicators of the LVI recorded moderate year-on-year increases during the period, with Residential LVI increasing by 6.7 per cent, followed by…
Government approval moderates as economic outlook weakens: Mood of the Nation poll In the latest July 2026 round of the Gallup-style ‘Mood of the Nation’ poll conducted by Verité Research, the government’s approval rating moderated to 50%, following a post-election high of 65% in the previous February 2026 round. The polling partner was Vanguard Survey…
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