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Ritz-Carlton Yacht Collection Earns Firsts Five-Star Cruise Ship; Celebrity Snags First Five-Star Restaurant at Sea Forbes Travel Guide (“FTG”)—the only independent, global rating system for luxury hotels, restaurants, spas and ocean cruises—today unveiled its 2026 Star Awards. See the full list of honorees on ForbesTravelGuide.com. The 68th annual list hits a major milestone: it spans more…
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Huawei hosted the 1st Global C&I Visionaries Summit, bringing together more than 550 commercial and industrial (C&I) customers, partners, and installers from 45 countries. Visionaries representing key scenarios shared practical cases and success stories. Through focused discussions and open exchange, participants aligned on shared insights, explored new collaboration opportunities, and committed to advancing a greener…
In the wake of surging demand for New Energy Vehicles (NEVs) in Sri Lanka, BYD and its authorized distributor John Keells CG Auto have opened the country’s largest purpose-built body shop and accident repair centre dedicated exclusively to BYD, and their premium sub-brand DENZA. Located in Seeduwa, the new facility has taken over the former…
Courtyard by Marriott Colombo is honored to welcome Suranga Peelikumbura as its new General Manager, ushering in a chapter defined by vision, warmth, and global sophistication. Suranga’s story is one of both breadth and depth. Over two decades, he has carried the Marriott spirit across continents, from the shimmering luxury of The Ritz-Carlton in Doha…
Sunshine Foundation for Good (SFG), the dedicated corporate social responsibility (CSR) arm of Sunshine Holdings PLC, continued its long-standing commitment to education by distributing stationery gift vouchers to school children. This year’s initiative supported about 750 deserving children in schools in Kelaniya, Kadawatha, Rathmalana, Modara and Mattakkuliya, areas close to Sunshine Holdings’ operational units. Under…
Russel’s (Pvt) Ltd proudly recognized its outstanding employees for the month of January 2026, honoring team members who demonstrated exceptional dedication, professionalism, and commitment to service excellence across various departments. The Best Workers of January 2026 awards reflect the company’s continued commitment to recognizing performance excellence, teamwork, and consistent contribution to maintaining Russel’s high service…
HUTCH Sri Lanka is redefining the country’s retail landscape with the launch of its Signature outlets designed at core by sustainability thinking to modern retailing and servicing. The landmark initiative by HUTCH represents the first instance in Sri Lanka where sustainability has been holistically integrated into retail spaces, going beyond symbolic gestures to deliver measurable…
3P Media, a Roar Global company, has expanded its Google marketing capabilities to offer unified solutions across Google Ads, Analytics, and advanced Google Marketing Platform (GMP) tools, strengthening how Sri Lankan brands plan, execute and measure digital performance. The latest suite of Google Marketing solutions offered by 3P Media and their combined utility to power…
Xiaomi, a global leader in consumer electronics and smart manufacturing, announced the official launch of the Redmi Note 15 Series in Sri Lanka. The lineup includes Redmi Note 15, Redmi Note 15 5G, and Redmi Note 15 Pro+ 5G, offering a wide range of performance, durability and intelligent features designed to meet diverse user needs….
Sri Lanka’s retail landscape will reach a major milestone with the launch of Ministry of Brands (MOB), the country’s first off-price retailer. The flagship store is set to open on 16 February 2026, introducing Sri Lankan consumers to authentic global luxury and premium brands at discounts of up to 90% off original retail prices. Backed…
HNB PLC, the leading private bank in Sri Lanka, has joined as the Platinum Sponsor for the 36th Anniversary Convention of the Association of Professional Bankers Sri Lanka, highlighting its role at the forefront of the country’s financial services sector. The APB Anniversary Convention is recognized as one of the most anticipated forums for banking…
Top News
Trading at the Colombo Stock Exchange (CSE) remained sluggish today (11), although both main indices recorded marginal gains at the close. The All Share Price Index (ASPI) edged up by 4.59 points to close at 23,655.68, while the S&P SL20 Index gained 6.11 points to end at 6,611.52. Turnover for the day stood at Rs….
Sri Lanka has secured two prestigious placements in the Forbes Travel Guide (FTG) 2026 Star Awards, with Amangalla in Galle Fort and Amanwella in Tangalle earning recognition in this year’s global luxury rankings. The inclusion highlights the island’s growing standing in the international high-end travel market as FTG expanded its annual list to span more…
The Sri Lanka Tourism Development Authority (SLTDA), in collaboration with UN Tourism, convened on 28 January the country’s first national, multi-stakeholder validation workshop on economic leakages in the tourism sector. The workshop was grounded in the Rapid Assessment on Economic Leakages in the accommodation, travel agents/tour operators and wellness sectors. The assessment indicates that close…
Consolidated revenue of LKR 48.9 billion, up 8.1% YoY Group EBIT increased by 1.2% YoY to LKR 7.5 billion, with EBIT margin at 15.3% Healthcare revenue up 9.3% YoY to LKR 27.1 billion Consumer Brands revenue recorded at LKR 14.5 billion, up 0.9% YoY Agribusiness revenue increased by 20.6% YoY to LKR 7.3 billion, Diversified…
The newly appointed Country Director of Asian Development Bank for Sri Lanka Ms Shannon Cowlin and the accompanying delegation met with the Prime Minister Dr. Harini Amarasuriya on the 10th of February at the Prime Minister’s office. Welcoming the delegation, the Prime Minister extended congratulations to the newly appointed Country Director and acknowledged the long-standing…
The Prime Minister Dr. Harini Amarasuriya met with the representatives of the European External Action Service on the 10 th of February at the Prime Minister’s office. Welcoming the delegation from the European External Action Service (EEAS), the Prime Minister emphasized the importance of further strengthening and deepening the long-standing partnership between Sri Lanka and…
The Sri Lanka Export Development Board (EDB) had a high-level meeting with Mr. Hung Chiu Wah Derek, Honorary Consul of Sri Lanka to Hong Kong, on 6 February 2026, during his visit to Sri Lanka. The meeting was chaired by the Chairman and CEO of the EDB and attended by Directors, highlighting the strategic importance…
Stakeholder engagement on proposed tariff reforms commenced as part of the implementation of the 2026 Budget proposals aimed at supporting domestic industries. The initiative is being carried out by the Ministry of Finance, Planning and Economic Development, the Ministry of Industry and Entrepreneurship Development, the World Bank, and other relevant agencies, with the objective of…
Analysis
Sri Lankan students pursuing postgraduate study in the United Kingdom saw a significant year-on-year decline in enrollments for the 2024/25 academic year, according to newly released data on international postgraduate student trends published by ApplyBoard Insights on February 6, 2026. The report, drawing from the UK’s Higher Education Statistics Agency (HESA) data, shows that international…
Dr Bilesha Weeraratne, Research Fellow and Head of Migration and Urbanisation Policy Research, Institute of Policy Studies of Sri Lanka (IPS) Worker remittances to Sri Lanka have set a new all-time high record with USD 8.076 billion in 2025. This 22.8% growth, compared to the USD 6.6 billion received in 2024, is shaped by the…
AIA Group Limited (“AIA” or the “Group”) today releases new research revealing that deeply entrenched physical, mental and financial health stereotypes shape attitudes and behaviours around wellbeing across Asia. The study(1) was conducted across Mainland China, Hong Kong SAR(2), Singapore, Thailand and Malaysia, analysing more than 100 million social media posts and online content, alongside a survey…
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