Lead Story
The World Bank Group is deeply saddened by the devastation caused by Cyclone Ditwah in Sri Lanka. Our thoughts are with the people who have lost loved ones, homes, and livelihoods, and with the communities now facing immense hardship. We commend the remarkable resilience shown by Sri Lankans in the face of this disaster and…
Featured
The Sri Lanka Association of Manufacturers and Exporters of Rubber Products (SLAMERP) has reappointed Pushpika Janadheera, Managing Director of Dipped Products PLC, as its Chairman at the Association’s 15th Annual General Meeting. SLAMERP is the leading industry body for Sri Lanka’s value-added rubber products sector, which contributes USD 1 billion in export earnings while strengthening…
45 years of connecting Sri Lanka to the world via international logistics Working with SMEs to support the country’s economic growth DHL Express is marking its 45 years of operations in Sri Lanka, connecting local businesses and communities to global opportunities through its logistics network. Ken Lee, CEO, Asia Pacific, DHL Express, said, “For 45…
CFA Society Sri Lanka is pleased to announce that Digital Mobility Solutions Lanka PLC, owner of the PickMe brand, has been selected as the subject company for the 19th annual CFA Institute Research Challenge Sri Lanka competition for the year 2025–2026, with the local finals scheduled for February 2026. The CFA Institute Research Challenge is…
VIMAN Ja-Ela, the flagship suburban development by John Keells Properties, has officially launched Phase 4, marking the final opportunity to become part of this landmark residential development. Following the strong response to the earlier phases, we are now launching sales for Phase 4, the final phase of the development. From the outset, VIMAN has stood…
As Cyclone Ditwah tore through Sri Lanka, devastating communities and infrastructure, the true resilience of telecom operators was put to the test. Amid industry-wide challenges, HUTCH stood out, having quietly but rapidly strengthened its network since acquiring Etisalat Sri Lanka. Today, HUTCH operates one of the country’s most modern and resilient networks, built for dependability,…
Leading the Way in High-Potential Land Investments Across Sri Lanka Groundworth (PVT) Ltd has been honored with Special Recognition for Land Investments at the prestigious Asia Property Guru Awards 2025, reaffirming its position as a trusted leader in Sri Lanka’s real estate sector. This accolade celebrates Groundworth’s commitment to delivering strategically located lands with exceptional…
DSI Samson Group today formally signed a Memorandum of Understanding (MOU) with the Marine Environment Protection Authority (MEPA) to launch a nationwide mangrove conservation initiative. The agreement outlines how the two [02] organisations will collaborate to restore and protect critical mangrove ecosystems, why this investment is essential to Sri Lanka’s climate resilience, and how the…
HNB PLC, Sri Lanka’s most trusted private bank, has joined Hayleys Fentons to power Sri Lanka’s EV transition with attractive and accessible financial solutions. The partnership, announced on 29 October 2025 in Colombo, to deliver tailored financing, insurance benefits, and life coverage, boosting confidence in electric vehicles. “This partnership marks an important step in Sri…
Nihon Kohden Singapore, a leading global medical device manufacturer from Japan, together with its local partner Hemas Surgicals and Diagnostics Limited, introduced the Cereb Air, a next-generation EEG monitoring solution, at the Annual Scientific Conference of the Sri Lanka College of Emergency Physicians (SLCEP). The event, held recently in Colombo, brought together leading emergency medicine…
The Malta High Commission in New Delhi and VFS Global, the global leader in trusted technology services empowering secure mobility for governments and citizens, have announced the launch of the Malta Visa Application Centre in Colombo. Inaugurated on 3 December 2025 by H.E. Mr Reuben Gauci, High Commissioner of Malta to India, Maldives, Sri Lanka and…
Top News
Sri Lanka’s economy expanded by 5.4 percent year-on-year in the third quarter of 2025, according to the latest National Accounts estimates released by the Department of Census and Statistics (DCS). At constant prices (2015 base year), Gross Domestic Product (GDP) increased to Rs. 3,325.6 billion in the July–September period, compared to Rs. 3,154.1 billion in…
The Consulate General of Sri Lanka in Dubai successfully hosted a high-level breakfast meeting today, bringing together leading travel trade professionals, media partners, airline representatives, and key influencers to promote Sri Lanka as a premier travel destination under the revitalized “Sri Lanka is Ready” tourism campaign. The networking event, held at the premises of the…
Ministry of Finance data confirms Bank’s dominant contribution to national SME credit in 2024, accounting for more than 30% of total loan value The Commercial Bank of Ceylon has once again emerged as the country’s largest lender to small and medium enterprises (SMEs), retaining its position for the fifth consecutive year, according to the Ministry…
Working with organisations under Dubai Humanitarian, over 100 tonnes of relief aid will be deployed across Emirates’ daily flights to Sri Lanka First flight departed this week, carrying high-energy food items for WFP Emirates and Dubai Humanitarian have established an airbridge to Sri Lanka, transporting urgent relief aid to support those affected by the devastating…
The Sri Lanka Export Development Board (EDB), together with the International Trade Centre (ITC), Switzerland’s State Secretariat for Economic Affairs (SECO), and the Swedish International Development Cooperation Agency (SIDA), recently launched the second phase of the Global Textile and Clothing Programme (GTEX2) in Sri Lanka. The initiative, implemented from 2024 to 2027, aims to enhance…
Aitken Spence Travels marked a significant milestone with the handling of The Ritz-Carlton Yacht Collection’s first call to the ports of Colombo & Galle, on the 14th & 15th of December 2025. This inaugural visit reflects Aitken Spence’s ongoing efforts to introduce world renowned, ultra-luxury cruise brands to Sri Lanka, elevating the country’s profile within…
The Asian Development Bank (ADB) has upgraded its economic growth forecasts for Sri Lanka in its December 2025 Asian Development Outlook (ADO), highlighting a robust recovery driven by strong private sector credit expansion, buoyant consumption, and improved investor confidence. However, the report cautions that Sri Lanka’s growth prospects may be dampened by the impact of…
The Ministry of Industry and Entrepreneurship Development has initiated discussions on the Industry Recovery Foster Program (IRFP) and the Industry Development Foster Program (IDFP) to expedite the revival of large scale manufacturing industries affected by Cyclone “Ditwah”. The discussion, held recently at the Ministry, brought together leading Sri Lankan corporates under a public-private partnership framework,…
Analysis
By Dr Nisha Arunatilake, Director of Research, Institute of Policy Studies of Sri Lanka (IPS) The Ditwah Cyclone ranks second only to the December 2004 Tsunami in terms of damage to housing in Sri Lanka’s recent history. According to the government’s Disaster Management Centre, as of 9th December 2025, 86,488 houses were partially or fully…
Human civilization is at the dawn of a multi polar world rising with new leaders. Among them China is paramount & its Belt & Road Initiative (BRI – 21st Century Silk Road) is networking others such as Russia, South Africa, Brazil, Germany & India etc. Some were shocked & critical after seeing Chinese armed forces…
By Dr Manoj Thibbotuwawa and Chandula Idirisinghe Cyclone Ditwah destroyed early-stage Maha season paddy, vegetables, and perennial crops, disrupting both current and upcoming harvests. Together, rising prices, lower production, and declining purchasing power are likely to intensify food insecurity and further undermine nutrition. Restoring transport links, supporting farmers to replant, protecting vulnerable households and strengthening…
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