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The Joint Apparel Association Forum (JAAF) welcomes the Public Utilities Commission of Sri Lanka’s (PUCSL) call for a simple, transparent and cost-based wheeling tariff, describing it as a practical step towards more competitive energy for Sri Lanka’s industries. Speaking at the Sri Lanka Economic and Investment Summit 2026, PUCSL Director General and CEO Damitha Kumarasinghe…
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DFCC Bank has launched the DFCC Student File, bringing together tuition fee payments, education financing, foreign exchange services and selected travel benefits to help students and their families manage the financial arrangements associated with overseas education. Receiving a university admission is an important milestone, but it also begins a demanding period of financial planning. Families…
Ceylon Cold Stores PLC (CCS) has earned national recognition for its investment in people development, with the Learning and Development (L&D) team of its Beverages Category winning the Gold Award at the SLITAD People Development Awards 2025/26. The achievement reflects the team’s commitment to strengthening sales capabilities, developing leadership and supporting sustainable business performance. Organised…
Three national awards recognise the Group’s commitment to environmental excellence, sustainable operations and responsible business practices David Pieris Group of Companies has secured two Gold Awards and one Silver Award at the Presidential Environment Awards 2026, recognising its continued commitment to environmental sustainability, innovation and responsible business practices. The awards recognise the environmental initiatives implemented…
As the saying goes, ‘there is a time for everything’. For Rukmini Attygalle, a former UK civil servant, that destined time has arrived at age 88. Attygalle is finally sharing some creations from her extensive multi-decade portfolio in her debut solo art exhibition, Transitory Lives. “The title Transitory Lives refers to the impermanence of life,…
Gamer.LK’s 2026 Play Expo and Colombo Comic Expo (CCx) together with title sponsor Maggi Papare Blast will return to the Sri Lanka Exhibition and Convention Centre (SLECC) on 5th and 6th December, bringing together thousands of young Sri Lankans for one of the country’s largest physical gatherings centred around vibrant, contemporary youth culture. Now in…
Swisstek has launched its first Group-wide integrated campaign, ‘Build Your Own World’, placing the aspirations of homeowners, developers and construction professionals at the centre of its communication. The campaign was launched recently at PVR Cinemas, One Galle Face, Colombo. It brings together Swisstek’s range of aluminium door and window systems, tile adhesives, skim coats, roofing,…
Capital TRUST Properties (Pvt) Ltd, a leading end-to-end real estate transaction and advisory firm, has announced a strategic partnership with fast-growing integrated real estate development firm – Excello Developers, to drive the development, advisory, and commercial deployment of the Aathavan by Excello project in Dehiwala. The collaboration leverages the core competencies of both corporate giants….
Janashakthi Life, the flagship company of JXG (Janashakthi Group), has been ranked 75th among Sri Lanka’s Top Most Respected Entities in 2026, as featured in LMD’s annual ranking. This recognition marks an important milestone for the life insurer, reflecting the reputation it has built within Sri Lanka’s corporate community and its continued focus on customer…
Seylan Bank PLC has entered into a strategic partnership with Fairway Latitude, a subsidiary of Fairway Holdings, one of Sri Lanka’s leading real estate and property development companies, to provide tailored home loan solutions to customers purchasing luxury apartments from Fairway Latitude. The partnership was formalised through the signing of a Memorandum of Understanding (MOU),…
The recognition adds to Wajinie’s distinction as the only Sri Lankan recipient in the ‘Outstanding Leadership in Advertising’ category at the Women Icon Awards, India. Wajinie Mahanama, Associate Vice President and Client Servicing Director at BBDO Group Sri Lanka, has been named among Campaign Asia-Pacific’s Women to Watch 2026, recognising her contribution to the advertising…
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Hayleys Solar, Sri Lanka’s No. 1 Solar EPC and MEP contractor, has introduced Sri Lanka’s first dedicated 24/7 Renewable Energy Operations Centre (ROC), enabling continuous monitoring and performance management of renewable energy assets through a centralised digital platform. Designed and technologically backed by Fentons Information Technology (FIT), the ICT arm of Hayleys Fentons, the ROC…
Reuters – Sales of Apple’s first folding phone, the iPhone Duo, began on Friday, with market watchers betting on whether the device can reinvent the small foldables market just like the iPhone did for smartphones. The Duo’s reception could prove an early test for new CEO John Ternus, the former hardware chief who unveiled the…
Reuters – Oil prices climbed about 4% to a five-month high on Thursday after Houthi attacks in Saudi Arabia stoked concerns of further disruption to energy supplies from the key exporting region. Brent futures rose $4.35, or 4.0%, to settle at $113.17 a barrel, while US West Texas Intermediate crude rose $2.32, or 2.4%, to…
Sri Lanka’s retail consumer sector is navigating significant changes in consumer behaviour and business operations. New customer segments are emerging, while geopolitical developments and supply-chain disruptions are increasing operational complexity. These shifts are prompting businesses to reconsider where future growth can come from and how capabilities developed in Sri Lanka can support both stronger domestic…
Deputy Minister of Finance and Planning Dr. Anil Jayantha Fernando addressed parliament, assuring that there is no volatility in the Colombo Stock Exchange despite temporary market fluctuations. Addressing parliament this morning (22), Dr. Fernando explained that temporary fluctuations can occur from time to time across stock markets, primarily driven by changes in interest rates. He…
CNBC – Oil prices climbed Thursday (22) on worries over a possible escalation in the Middle East conflict as the U.S. reportedly plans to resume strikes against Iran. Brent crude futures rose 3.1% to $112.20 a barrel as of 4:12 a.m. ET, while U.S. West Texas Intermediate crude gained 2.79% to $99.86. The U.S. and Israeli…
By Rashmi Anupama and Kalani Kiriveldeniya, Research Assistants, Institute of Policy Studies of Sri Lanka (IPS) Sustaining Sri Lanka’s post-crisis macroeconomic stability requires productivity-enhancing reforms to achieve durable and inclusive growth. Against this backdrop, the Institute of Policy Studies of Sri Lanka (IPS) hosted a roundtable discussion on 14 October 2026 on its flagship…
The Sri Lanka Export Development Board (EDB), in collaboration with the Embassy of Sri Lanka in Rome and the Consulate General of Sri Lanka in Milan, facilitated an exposure visit for Sri Lankan pharmaceutical manufacturers to the 37th edition of CPHI Worldwide 2026, held from 6th to 8th October 2026 at Fiera Milano, Milan, Italy….
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By Rashmi Anupama and Kalani Kiriveldeniya, Research Assistants, Institute of Policy Studies of Sri Lanka (IPS) Sustaining Sri Lanka’s post-crisis macroeconomic stability requires productivity-enhancing reforms to achieve durable and inclusive growth. Against this backdrop, the Institute of Policy Studies of Sri Lanka (IPS) hosted a roundtable discussion on 14 October 2026 on its flagship…
Sri Lanka Must Secure Its Electricity, Water, AI, Cloud and Digital Lifelines in the 21st Century Before the Next Failure Trouble the Entire Nation By Jithendra Antonio Sri Lanka’s greatest strategic vulnerability in the artificial intelligence age may not be a shortage of algorithms, foreign investment or technological ambition. It may be the inability to…
Customs data analysed by Siyaka Research indicates that Sri Lanka’s tea export earnings reached approximately US$ 1.083 billion during the January–September 2026 period, compared with US$ 1.163 billion earned during the corresponding period of the previous year. Despite September export volumes declining to 23 million kg from 23.7 million kg a year earlier, cumulative earnings…
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