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The Governor of the Central Bank of Sri Lanka, Dr. P. Nandalal Weerasinghe emphasized the critical role of institutional credibility, strong monetary policy frameworks, and policy buffers in navigating increasingly frequent external shocks during an address at the Reserve Bank of India’s (RBI) Samvad Conference today (19). Participating in a panel discussion titled “Managing Uncertainties in Challenging…
Featured
Industry leaders, hoteliers, sommeliers, wine educators and beverage specialists have called for greater investment in education, people and industry-wide collaboration to further elevate Sri Lanka’s beverage and hospitality experience. The call was made at the launch of the ICON Awards, a new industry platform celebrating Sri Lanka’s wine and hospitality landscape and recognising the people…
The Commercial Bank of Ceylon has emphatically reinforced its position as Sri Lanka’s leading digital banking innovator, winning three prestigious accolades at the Global Finance World’s Best Digital Bank & AI in Finance Awards 2026. The Bank won the awards for Best Consumer Digital Bank, Best Mobile Banking App and Most Innovative Digital Bank, at…
The partnership supports Ceybank’s focus on strengthening technology-led operations and investor experience for Sri Lanka’s unit trust market CAMS brings proven expertise from India’s mutual fund ecosystem to support Ceybank and strengthen its presence in Sri Lanka Ceybank Asset Management Ltd. (Ceybank), one of Sri Lanka’s leading Unit Trust Management Companies, is building on a…
The world is used to admiring “phenomenal” women. Their names are written in textbooks, the portraits are printed in posters, the quotes are repeated on the International Women’s Day. However, we hardly ever ask the main question: how many of such women has the society failed to see simply because they do not have the…
Celestial brilliance, crystalline depth: Rocell’s latest surface innovation transforms the way polished ceramic tiles interact with light. For the first time in Sri Lanka, Rocell introduces ‘Starlight’, an advanced surface innovation that brings crystal-like depth and brilliance to polished porcelain tiles. Inspired by the brilliance of the cosmos, Rocell Starlight captures the depth, radiance, and…
The 8th edition of the CSE Masterminds Quiz 2026, Sri Lanka’s largest corporate capital market quiz competition, recently concluded at the Shangri-La Hotel. Organized by the Colombo Stock Exchange (CSE), the event saw 100 corporate teams compete for prizes worth Rs. 5 million. Contestants put their knowledge to the test across local and global capital…
Atlas Axillia hosted the ‘Guru Garu’ teacher appreciation programme in collaboration with the Western Province Department of Education at The Kingsbury, Colombo, on 13 October 2026. The event brought together over 250 teachers to recognise their dedication and contribution to children’s learning and development. The programme reflected the company’s commitment to the teaching community and…
Creepfest 26′ is set to return to Colombo this Halloween, bringing a new edition of the youth-led celebration that has brought together music enthusiasts and Halloween fans. Building on its previous edition, this year’s event will feature an expanded programme of entertainment and themed activities, with a focus on engaging young audiences while supporting a…
Hunas Falls Hotel ushered in the festive season with a traditional cake-mixing ceremony on 4 October 2026, bringing together the hotel’s culinary team and participants in its landscaped gardens, surrounded by lush greenery and rolling hills. A colourful display of cake ingredients, creatively arranged to depict Christmas bells, ribbons and holly alongside the Hunas Falls…
SANKEN GEN has been established as an independent international group, bringing together the Group’s overseas construction operations, real estate interests and associated ventures under a single, restructured holding company. As part of this transition, Sanken Overseas (Private) Limited has been rebranded as SANKEN GEN (PRIVATE) LIMITED, marking an important milestone in the Group’s evolution and…
Top News
The Sectoral Oversight Committee on Economic Development and International Relations has focused on the need to expedite the implementation of the Microfinance and Credit Regulatory Authority Act to ensure the proper regulation of the microfinance sector. The Committee, chaired by Member of Parliament Lakmali Hemachandra, Attorney-at-Law, met recently at Parliament, where discussions were held with…
Bank of China Colombo branch last Thursday became Sri Lanka’s first renminbi (RMB) clearing bank, formally launching operations that allow trade and investment with China to be settled directly in the Chinese currency, rather than through the US dollar. The branch was authorised as a clearing bank by the People’s Bank of China (PBOC), China’s…
The Sri Lanka Ports Authority (SLPA) has decided to pursue the development of a new logistics hub within the Port of Colombo through a Public–Private Partnership (PPP) following the decision of the shareholders not to proceed with the previously proposed joint venture involving China Merchants Port Holdings Company Limited, through its fully owned Subsidiary and…
The Securities and Exchange Commission of Sri Lanka (SEC) successfully hosted a series of high-level meetings of the International Organization of Securities Commissions (IOSCO), bringing together leading securities regulators and enforcement officials from around the world to discuss emerging regulatory challenges, strengthen international cooperation, and enhance collective efforts to combat cross-border securities market misconduct. The…
Sri Lanka’s total government expenditure for 2027 is set to expand by 12.6% year-on-year to Rs 4.993 trillion, up from Rs 4.434 trillion in 2026. The fiscal framework is characterized by a significant surge in capital investment alongside strict containment of the annual borrowing ceiling. An analysis of the Appropriation Bill 2027 published by tax…
Sri Lanka Export Development Board (EDB), in collaboration with the Sri Lanka–Maldives Business Council (SLMLBC) of The Ceylon Chamber of Commerce, facilitated the participation of Sri Lankan companies at Hotel Asia 2026 in the Maldives. The initiative created opportunities for Sri Lankan businesses to connect with buyers and potential partners, as well as engage with…
Malaysia’s Axiata subsidiary Dialog has just completed their enterprise strategizing exercise in collaboration with MTI – with the focus on both Telco (Connectivity) and Tech-Co (ICT). As Sri Lanka’s leading enterprise connectivity provider, Dialog Enterprise continues to drive digital transformation by integrating advanced ICT solutions with robust connectivity infrastructure. This dual focus ensures enterprises can…
Reuters – China has proposed export controls on 12 technologies used to make solar equipment, citing national security concerns, as part of a broader revision that also covers AI and biotechnology. The ministry of commerce proposed adding the photovoltaic technologies to China’s export-control list, it said in a statement on Friday, adding that greater oversight…
Analysis
By Vimlendra Sharan, FAO Representative for Sri Lanka and the Maldives When extreme weather destroys crops, damages infrastructure and disrupts supply chains, the consequences travel far beyond the farm. They reach food prices, family nutrition, rural incomes and public finances. Cyclone Ditwah exposed this vulnerability with painful clarity. With El Niño expected to bring further…
A US$300 Million Tourism Super App? How Sri Lanka Could Connect Foreign Exchange, Telecom, National Parks, Government Resorts and Every Major Tourist Experience into One National Revenue Engine By Jithendra Antonio The next great opportunity in Sri Lankan tourism may not be another hotel, another airport terminal or another advertising campaign. It may be the…
By Lakshan Madurasinghe — Founder/CEO Solutions Ground, Corporate Strategist & Investment Facilitator The global economy is entering a period where resilience and long-term competitiveness matter as much as growth. Supply chains are diversifying and geopolitical tensions are reshaping investment decisions, with businesses now looking for jurisdictions that offer continuity amid uncertainty. Having spent two decades…
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