Lead Story
Sri Lanka’s leading digital payment acceptance platform Payable has announced its acquisition by regional tech powerhouse Short Circuit, marking a significant milestone in Payable’s journey to scale digital payments across the country. The acquisition is set to significantly enhance Payable’s digital payment capabilities and expand its merchant network, strengthening its position within Sri Lanka’s evolving…
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Emirates has been named ‘Best Overall Airline in the Middle East’ at the 2026 APEX Best in Airline Awards, further cementing its reputation as one of the world’s leading travel brands. The accolade was announced at a ceremony in Dublin, Ireland, where the airline was recognised for consistently delivering exceptional customer experience. Based on verified passenger feedback,…
HNB PLC, announces a strategic partnership with Access Motors (Pvt) Ltd, strengthening its position at the forefront of premium mobility financing in Sri Lanka. Effective 25th May 2026, this collaboration introduces an exclusive leasing scheme designed to elevate access to globally renowned Jaguar and Land Rover vehicles, bringing together financial strength and automotive excellence. The…
Varun Beverages Lanka Pvt Ltd. marked World Environment Day 2026 at Seelawimala Dhamma School, Pore Purana Sri Maha Viharaya, Athurugiriya, through a series of meaningful activities aimed at strengthening environmental awareness and promoting responsible plastic use among Dhamma school students. The initiative was conducted under the theme “Taking action today for a safer, greener and…
Russel’s (Pvt) Ltd recently recognised several employees for their exceptional dedication and contribution towards maintaining high hospitality and operational standards during the month of May 2026, reaffirming the company’s continued focus on employee appreciation and service excellence. The monthly recognition programme highlighted employees who have consistently demonstrated professionalism, teamwork, commitment, and dedication in their respective…
SLIIT secures the top-spot as the Most Loved Brand in the Higher Education (Private) category in the LMD Readers’ Choice Most Loved Brands 2026 ranking, reaffirming its strong standing among Sri Lanka’s leading education brands. The recognition does more than cement SLIIT’s identity as an industry leader in higher education, it places SLIIT among the…
The world’s leading blockchain infrastructure provider Binance recently released the first-week data from its newly launched stock trading offering. The data shows early momentum and signs that lower investment thresholds are helping bring a broader population into equity markets for the first time. “The first week of stock trading on Binance reinforces what we set out to…
Kidney transplantation at Asiri Health’s Asiri Central Hospital is setting a strong benchmark in advanced renal care in Sri Lanka, offering patients with chronic kidney disease and end-stage renal failure access to highly specialised, safe and comprehensive transplant treatment locally. With more than 200 successful kidney transplant surgeries completed and a success rate exceeding 98%,…
First in a planned series, delivered in partnership with Trident Corporation/Microsoft, Flash Health, Jetwing Hotels, and Jetwing Colombo Seven Technoli Institute of Digital Business held its AI-Powered Business Executive programme on Wednesday, 3 June 2026 at Jetwing Colombo Seven, where a room of senior managers and decision-makers built live AI agents and AI-powered mini-apps. The…
Toyota Lanka continues to shape the future of automotive ownership in Sri Lanka through a commitment to excellence, innovation, and customer care. Yet, our story has never been defined solely by vehicles. It has been shaped by the people who drive them, the families who rely on them, and the trust that has connected generations…
Design Square Academy officially launched its operations at a prestigious event held at the Ramada Hotel, Katunayake, introducing a new approach to interior design education that prioritizes practical industry exposure, mentorship, and real-world project experience. The launch brought together industry leaders, academic partners, media representatives, and aspiring designers to witness the unveiling of an educational…
Top News
SriLankan Airlines is pleased to announce strategic partnerships with Saudia (SV) and Flynas (XY), further strengthening air travel links between the Kingdom of Saudi Arabia and Sri Lanka. This collaboration significantly expands SriLankan Airlines’ network reach, enabling travellers to access a wider range of destinations through convenient domestic and international connections. Under this arrangement, Saudia…
By Professor Devaka Weerakoon, Department of Zoology and Environment Science, University of Colombo Sri Lanka’s decision to phase out oil palm cultivation has been shaped by perception rather than policy. At the center of the debate lies a powerful claim: that oil palm poses a significant threat to biodiversity and the environment. Scientific evidence however,…
Marking a new milestone in Sri Lanka’s economic journey, the official launch ceremony of the National Export Development Plan (NEDP) 2026–2030 the country’s strategic export roadmap for the next five years is scheduled to be held in Colombo on 16 June 2026. Developed in alignment with the government’s national vision of “A Prosperous Nation –…
Reuters – The United States has become the world’s largest oil exporter, upending a decades-old order long dominated by Saudi Arabia and Russia, a shift that tightens American companies’ grip on energy markets as Washington’s war with Iran reshapes global energy trade. America’s ascendancy to the top spot marks a stunning reversal for a country…
Cementing its status as a global New Energy Vehicle (NEV) trailblazer, BYD has topped the global rankings for most innovative automotive group in the Automotive INNOVATIONS Report 2026, published by Germany’s Center of Automotive Management (CAM) – the first time in the study’s 21-year history that a Chinese automaker has claimed the top position. BYD…
TradingKey – The U.S.-Iran conflict continues to escalate, driving oil prices sharply higher. On Wednesday, Brent and WTI crude futures both closed higher, breaching $90 per barrel. During Thursday’s session, oil prices rose further, with WTI futures climbing over 2% intraday to cross $92, while Brent crude rose 0.5% to exceed $95. On the news…
The India–Sri Lanka Binational Bridge and Tunnel – Why Sri Lanka Should Embrace the Opportunity of the Century By Jithendra Antonio For decades, Sri Lanka has debated ports, airports, expressways, free trade agreements, and foreign investments as pathways to economic transformation. Yet one proposal has consistently resurfaced across governments, administrations, and geopolitical cycles as perhaps…
The Public Debt Management Office of the Ministry of Finance, Planning and Economic Development raised Rs. 71,744 million in its latest Treasury Bill auction today (10), falling significantly short of its Rs. 140,000 million target. While the auction attracted substantial market interest with Rs. 201,006 million in total bids received, the government chose to accept…
Analysis
By Professor Devaka Weerakoon, Department of Zoology and Environment Science, University of Colombo Sri Lanka’s decision to phase out oil palm cultivation has been shaped by perception rather than policy. At the center of the debate lies a powerful claim: that oil palm poses a significant threat to biodiversity and the environment. Scientific evidence however,…
The India–Sri Lanka Binational Bridge and Tunnel – Why Sri Lanka Should Embrace the Opportunity of the Century By Jithendra Antonio For decades, Sri Lanka has debated ports, airports, expressways, free trade agreements, and foreign investments as pathways to economic transformation. Yet one proposal has consistently resurfaced across governments, administrations, and geopolitical cycles as perhaps…
By Thareendra D. Kalpage The completion of the International Monetary Fund’s combined Fifth and Sixth Reviews under Sri Lanka’s Extended Fund Facility is an important milestone. The IMF Executive Board’s approval on 28 May 2026 released SDR 508 million, approximately US$695 million, bringing total disbursements under the 48-month programme to SDR 1.778 billion, or about…
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