Lead Story
The Exporters Association of Sri Lanka (EASL) warmly welcomes the decision of the United States Trade Representative (USTR) to apply a 10% tariff on imports from Sri Lanka under the recently announced Section 301 measures. This is a significant and welcome development for Sri Lanka’s export sector, particularly in light of the substantially higher tariff…
Featured
This Friendship Day, Nutmeg, the gourmet shop at ITC Ratnadipa, invites guests to celebrate the joy of friendship with a specially curated collection of friendship-themed cakes, available from 24 July to 1 August 2026. The Friendship Day collection at Nutmeg features four specially created cakes available in 1 Kg and 500g sizes, offering a selection…
Ranks Among APAC’s Top 20 and Remains Sri Lanka’s No. 1 Agency for the Third Consecutive Year on the Effie Index 2025 MullenLowe Group Sri Lanka has been recognised as Sri Lanka’s highest-ranked agency office on the Effie Index 2025, marking the third consecutive year it has secured the No. 1 position among Sri Lankan…
DIMO Mega Fiesta Kurunegala 2026, a large-scale regional customer engagement programme, was successfully completed recently at the DIMO Kurunegala branch premises. Designed to support the long-term performance of commercial vehicles, the five-day initiative brought together over 400 Tata Commercial Vehicle owners and operators from Kurunegala and surrounding regions. Kurunegala, one of Sri Lanka’s key commercial…
Demonstrating exceptional athletic excellence and unwavering team spirit, Seylan Bank delivered an outstanding performance at the 40th Mercantile Athletics Championships, securing 11th place among 44 leading corporate teams. The Seylan Athletics Team concluded the championship with an impressive medal tally of 8 Gold, 2 Silver and 9 Bronze medals, reflecting the Bank’s continued commitment to fostering sporting…
Fly A World Consultants and Tourism (Pvt) Ltd has been honoured with the Excellence in Travel Consultancy Services Award in the Small Scale Services Sector at the Honor of Business Talent 2026, recognising the company’s outstanding contribution to Sri Lanka’s travel and tourism industry. The award celebrates organisations that demonstrate excellence in customer service, business…
JAT Holdings PLC has launched ‘Sixes for Hope’, a new initiative that will see the company contribute LKR 10,000 to the Indira Cancer Trust for every six struck by the Dambulla Sixers during the remainder of the 2026 Lanka Premier League (LPL). Through JAT Paints, the Group is extending its partnership with the Dambulla Sixers…
HNB PLC, Sri Lanka’s leading private sector bank, announces a strategic partnership with Abans Auto Pvt Ltd dated 01st June 2026. The collaboration is designed to strengthen access to Hyundai vehicles across the island through an enhanced and customer centric leasing proposition. This partnership is positioned to support individuals and businesses in accessing Hyundai vehicles…
Despite spending more time online and feeling confident in the digital world, Gen Z are less likely than other generations to use antivirus software for mobile devices or change passwords, according to new research conducted by Kaspersky’s internal market research center among 7,200 respondents worldwide. Gen Z spend a greater share of their time online…
On July 12, 2026, the iconic Lionel Wendt Theatre came alive as Soul Sounds presented The Pop Era, a spectacular celebration of the timeless songs, voices, and moments that have shaped generations of music lovers. Led by internationally acclaimed Music Director Soundarie David Rodrigo, the production showcased the group’s signature harmonies, energy, and artistry, reaffirming…
Infinite Grace Foundation x Cha’s Organics to Build a Sri Lanka Rooted in Love, Dignity and Purpose The ‘Infinite Grace Foundation’ has announced the long-term international partnership with Canada’s Organic Food Company – Cha’s Organics to support mental health, humanitarian and community development initiatives across Sri Lanka. As the Foundation’s ‘Legacy Partner’, Cha’s Organics will…
Top News
The Ceylon Chamber of Commerce welcomes the positive development in the reduction of the labour-related tariff imposed on Sri Lankan exports to the United States, from 12.5% to 10%, following sustained engagement between Sri Lankan authorities and their counterparts in the United States. This outcome is an encouraging step forward for Sri Lanka’s export sector…
The Securities and Exchange Commission of Sri Lanka (SEC), Colombo Stock Exchange (CSE), and the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) signed a Memorandum of Understanding (MoU) to collaborate on the implementation of eXtensible Business Reporting Language (XBRL) based reporting for companies listed on the CSE. The agreement marks a significant…
Today’s announcement by USTR of the finality of the Section 301 investigations into countries’ ability to impose and effectively enforce a prohibition on the importation of goods produced with forced labour sees 18 countries placed on a 10% tariff, with the balance of 42 countries facing a 12.5% tariff. Initial indications were that Sri Lanka…
Recently, China Unicom Beijing and Huawei launched the world’s largest 5G-A GigaUplink commercial network. This innovative network achieves continuous coverage of the 100 MHz network in key areas across Beijing, with over 10,000 base stations deployed. During a live drive test, seven invited third-party media representatives served as “Experience Officers” to witness the network’s “excellent…
Janashakthi Finance PLC, a subsidiary of JXG (Janashakthi Group), marks its 45th anniversary, celebrating four and a half decades of financial expertise, customer confidence, and meaningful contribution to Sri Lanka’s Non-Bank Financial Institution (NBFI) sector. The milestone reflects the company’s evolution as a trusted financial partner, built on strong relationships, sound governance and a commitment…
Reuters – Oil headed for weekly gains on Friday, as Houthi attacks on tankers in the Red Sea sparked worries about the closure of a second shipping chokepoint, while Kazakhstan temporarily cut output after its main export route was forced to shut. Brent futures eased 72 cents, or 0.72%, to $99.97 a barrel as of…
Reuters – The Trump administration on Friday will impose new tariffs of 10% and 12.5% on goods from 60 trading partners, including the European Union, over allegations of lax enforcement of forced labor bans, just as a temporary 10% global tariff expires. The move is the White House’s latest effort to restore President Donald Trump’s…
The Commercial Bank of Ceylon has once again underscored its standing as one of Sri Lanka’s most formidable financial institutions, winning six awards – the highest number won by a Sri Lankan bank at the 2026 Asian Banking & Finance (ABF) Awards in Singapore – across three key segments. Presented at the Marina Bay Sands…
Analysis
Sri Lanka’s textile and apparel industry has always leaned on two things to justify its place in the global supply chain: quality and compliance. Sri Lanka’s textile and apparel industry has long relied on quality and compliance to justify its place in the global supply chain. But that old formula is starting to wear thin….
By Prof. Samitha Hettige Chinese Leader President Xi Jinping delivered the keynote speech opening the 2026 World Artificial Intelligence (AI) Conference & High-Level Meeting on Global AI Governance in Shanghai held from 17 – 20 July & the speech clearly indicates China’s willingness to promote inclusivity & reject of hyper imperialism. Addressing the event attended…
Rajitha Kariyawasan Managing Director, Haycarb PLC “The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man.” – George Bernard Shaw The world is in the midst of a profound shift. The accelerating transition toward electrification in transport,…
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