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SalamAir has announced the temporary suspension of all its international flights, as well as services to Masirah, for a period of 24 hours starting from 28 February 2026. In an official statement, the airline cited the current evolving situation in the region as the reason for the precautionary measure. The airline emphasized that the decision…
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Atlas, Sri Lanka’s No. 1 learning brand, successfully concluded Atlas SipSavi Naththal Poronduwa, a national initiative that saw strong public participation in supporting children at risk of dropping out of school due to financial hardship. At a time when more than 22,000 Sri Lankan children leave school each year due to rising economic challenges, the…
City of Dreams Sri Lanka is set to celebrate Holi in spectacular style with “Signature Holi Rush,” a three-day celebration from 6 to 8 March 2026 that promises music, colour, flavour and high-energy entertainment across the integrated resort. The festivities begin on 6 March with a celebrity live performance that sets the tone for an…
Kumudika Fernando, Chairperson of the Maliban Group, was recognized at the CEO of the Year Awards 2025 for her leadership in elevating Sri Lankan manufacturing to global excellence. The recognition reflects her pivotal role in strengthening Maliban’s operational performance, expanding its international footprint, and building a brand presence that resonates beyond borders, while continuing to…
The Royal – Thomian Golfers’ Guild is proud to present the Royal -Thomian Old Boys Golf Match – a landmark event that celebrates the enduring legacy of sporting excellence and spirited rivalry between Royal College and S. Thomas’ College. The tournament will be held on 8th March 2026, at the Royal Colombo Golf Club, bringing…
Sri Lanka’s marketing and advertising fraternity will gather for an evening of prestige, recognition, and global distinction as the SLIM Effie Awards 2025 takes centre stage on 3rd March 2026 at Monarch Imperial, Thalawathugoda, from 5.30 p.m. onwards. The highly anticipated Grand Finale will celebrate the country’s most effective marketing campaigns, recognising ideas that have…
Building on over 20 years of experience in delivering quality English language education, ESOL College International has officially been appointed as a registered Pearson Edexcel iPLS centre. This new chapter reflects the institution’s continued commitment to maintaining high academic standards while expanding internationally recognized qualification pathways. The appointment strengthens ESOL’s position as a credible and…
Imperial Advisors, part of the WIS Group, a Sri Lankan company that provides Financial Solutions in the United Kingdom, has officially opened its Conveyancing office in Kohuwela. The new office was ceremonially declared opened on the 2nd of February 2026 by WIS Group Co-Founder Ifthikar Mohamed to advance a unified Mortgage and Conveyancing approach for…
Altair’s prominence on Colombo’s skyline is now mirrored at street level. A growing number of global automotive brands have strategically chosen to locate their flagship showrooms at Altair, drawn by its iconic architecture, prime positioning by Beira Lake, and reputation as one of the city’s most prestigious addresses. Leading brands, including BYD, DENZA, TATA, JAECOO,…
LankaPay – Sri Lanka’s National Payment Network, announced the eighth edition of its flagship event, LankaPay Technnovation Awards 2026, at a press conference held on 25th February 2026 at Hilton Colombo Residencies. Recognised as Sri Lanka’s first and only awards competition dedicated to payment technology innovation, LankaPay Technnovation Awards continue to set the national benchmark…
HUTCH, Sri Lanka’s pioneer telecom service provider, has announced the launch of GameOn, a trailblazing web-based esports and gaming content platform developed in partnership with Bold Media Digital. Bold Media Digital is a next-generation digital services company specializing in esports and gamified content aggregation across emerging telecom markets in Africa, Asia, and Latin America. As…
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SriLankan Airlines has announced the cancellation of several flights to and from key Middle Eastern destinations scheduled for today (28), citing the closure of airspace in parts of the region due to escalating tensions. The national carrier said the decision was taken in the interest of passenger safety and operational security, noting that the disruptions…
The bond’s admission on NSE IX is expected to enhance its international visibility and investor access Sri Lanka’s first-ever Blue Bond — an LKR 3 billion issuance by DFCC Bank — has been dually listed on the NSE International Exchange (NSE IX) at GIFT City, marking the first blue bond to be admitted for trading…
Janashakthi Life, a leading name in the insurance industry and a flagship brand of JXG (Janashakthi Group), announced strong financial performance for the year ended December 2025, with 67% growth in New Business, and 31% growth in total Gross written premiums recording Rs 8.65billion, endorsing credentials of a fast-growing insurer in the local insurance industry….
The Central Bank of Sri Lanka (CBSL) has released the key findings of the latest edition of the Systemic Risk Survey (SRS) conducted for the first half (H1) of 2026 capturing market participants’ perceptions of the financial system. This survey was conducted between 19 December 2025 and 16 January 2026, in the immediate aftermath of…
Union Bank announced a milestone financial performance for the FY2025, emerging as one of the fastest-growing banks in the country complemented by a standout bottom-line performance with the group Profit Before All Taxes reaching LKR 2.2 Bn and doubling its Profit After Tax (PAT) to LKR 660 Mn highlighting the success of its strategic transformation…
Sri Lanka’s stock market ended lower on Friday (27) despite recording a strong surge in trading activity, with turnover surpassing the Rs. 7 billion mark. At the close of trading on the Colombo Stock Exchange, the All Share Price Index (ASPI) declined by 47.17 points to 23,734.06, while the S&P SL20 Index fell 74.20 points…
The Sri Lanka Purchasing Managers’ Index for Construction (PMI – Construction), as reflected by the Total Activity Index, reached an index value of 75.0 in January 2026, its second-highest reading on record after the peak of 75.7 in July 2020. Most firms reported increased project activity during the month, driven by the commencement of new…
The Colombo Consumer Price Index (CCPI, 2021=100)[1] based headline inflation (year-on-year, Y-o-Y) decelerated in February 2026. Accordingly, headline inflation (Y-o-Y) was recorded at 1.6% in February 2026 compared to 2.3% in January 2026. Food inflation (Y-o-Y) decelerated to 0.2% in February 2026 from 3.3% in January 2026, while Non-Food inflation (Y-o-Y) accelerated to 2.3% in…
Analysis
The Central Bank of Sri Lanka (CBSL) has released the key findings of the latest edition of the Systemic Risk Survey (SRS) conducted for the first half (H1) of 2026 capturing market participants’ perceptions of the financial system. This survey was conducted between 19 December 2025 and 16 January 2026, in the immediate aftermath of…
Dr Asanka Wijesinghe, Research Fellow, Institute of Policy Studies of Sri Lanka The recent US Supreme Court ruling will reduce Sri Lanka’s overall tariff from about 31% to 21.6%, with apparel seeing nearly a 10‑point cut. More Sri Lankan products now qualify for tariff exemptions, granting additional-tariff‑free access for USD 65 million worth of exports….
The largely state controlled Sri Lankan health sector is a comparatively high quality welfare system. Still on many instances media reports the hardships less privileged go through when state sector health professionals engage in strikes (refuse to work). To reduce this impact, state introduced duty free vehicle permits in the early 1990s for health sector…
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