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The South Asia Sustainability & Security Research Institute (SASSRI) successfully concluded its high-level Strategic Panel Discussion titled “Drones, Deterrence, and Defence: Rethinking Security Strategies for Small States with Focus on Sri Lanka” at the Royal Colombo Golf Club on 7 May 2026, bringing together an influential gathering of policymakers, defence officials, academics, legal experts, cybersecurity…
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CCWE Fashion Week & International Summit 2026 – Model & Designer Open Call City of Dreams CMB, Colombo The Ceylon Chamber of Women Entrepreneurs (CCWE) held its Model & Designer Open Call yesterday at the City of Dreams CMB, Colombo, in a landmark step toward Sri Lanka’s first-ever fashion week dedicated exclusively to women entrepreneurs….
Renowned Chef Bimba Nayak, together with Chef Gauri Nayak, Brings Rare Pathare Prabhu Cuisine to Shangri La Colombo There are cuisines that are celebrated around the world, and then there are those quietly preserved within family kitchens, carried forward through memory, instinct, and generations of tradition. This June, Shangri La Colombo invites guests to discover…
Today, at the 2026 IEEE International Symposium on Circuits and Systems (ISCAS), He Tingbo from HUAWEI delivered a keynote speech titled “New Semiconductor Path in Practice”. In her speech, she presented the Tau (τ) Scaling Law, a new principle for guiding the future development of the semiconductor industry. This law proposes replacing geometric scaling with…
Multi Audio Visual Pvt Ltd, the authorised distributor for world renowned Allen & Heath products in Sri Lanka, recently conducted a successful Digital Audio Training Programme at BMICH. The programme was aimed at enhancing technical expertise and professional standards of the local audio-visual industry. This initiative saw a gathering of event production companies, sound engineers,…
For more than three decades, Selyn Group has continuously evolved by responding to the realities of the communities connected to its operations. Since its founding in 1991 as a small handloom enterprise, Selyn has grown into a diversified fair-trade business spanning ethical manufacturing, retail, exports, sustainable product innovation, and community development. At the heart of…
SLT-MOBITEL Enterprise showcases tailored digital and AI‑driven business solutions Showcasing an expansive range of tailored digital and AI‑driven business solutions, SLT‑MOBITEL Enterprise successfully hosted SmartChat Mega – Kandy at Oak Ray Regency, Kandy, recently. SmartChat Mega – Kandy, built on the momentum of the Colombo edition held earlier this year, continued to empower SMEs with…
Classic Travel, the travel and tourism arm of Expolanka Holdings, has strengthened its commitment to youth development and local sports by partnering with the IImpact Basketball League 2026 as the Official Travel Partner and Team Owner for the period January 2026 to January 2027. This partnership reflects Classic Travel’s ongoing efforts to support initiatives that contribute to the growth of young…
Ten months ago, under the Cinnamon Rainforest Conservation Project, a reforestation initiative bordering the iconic Sinharaja Rainforest, Ocean Lanka (Pvt) Ltd, Sri Lanka’s leading weft knitted fabric manufacturer, joined hands with the students of the Environmental Technology Society of the University of Colombo, Greenwood Growers, and conservation partners to plant native saplings at Waddagala in…
Altair, an address that elevates and defines contemporary living, stands as MosheSafdie’s architectural masterpiece and a powerful statement that buildings can achieve extraordinary feats. Rising above Colombo’s traditionally horizontal urban fabric of traffic and density, Altair introduced a different architectural grammar: a vision of living beautifully in Colombo through vertical innovation, space, light, and lifestyle….
HNB Finance PLC continued its strong growth momentum in FY 2025/26, recording a Profit After Tax of Rs. 1.68 billion, up 120% year-on-year, reflecting the Company’s sustained improvement in profitability, disciplined execution and growing customer franchise. Profit Before Tax increased to Rs. 3.9 billion, compared to Rs. 2.2 billion in FY 2024/25. The performance was…
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Against the backdrop of growing global economic uncertainty, rising debt vulnerabilities, and increasing climate-related risks, senior policymakers, public debt managers, economists, and representatives from leading international financial institutions gathered in Colombo yesterday for the 2026 Asian Regional Public Debt Management Forum, held under the theme “Climate Resilience and Debt Sustainability in Asia.” The high-level regional…
Reuters – Samsung Electronics plans to invest 39 trillion dong ($1.5 billion) in Vietnam to build a semiconductor testing plant, its proposal document showed, an expansion that will help ease a global shortage of memory chips driven by surging AI demand. The new factory, for which construction has already begun in an industrial park 60 kilometres…
Yields on Sri Lankan Treasury bills rose sharply across all maturities at the primary auction held Tuesday (26). This upward movement follows the Central Bank of Sri Lanka’s (CBSL) recent decision to increase the Overnight Policy Rate (OPR), a move aimed at tightening monetary conditions as detailed in the Monetary Policy Review No. 3 of…
The Sri Lankan unit trust industry held steady during April 2026, amidst ongoing global geopolitical and economic uncertainties, and the resulting market volatility seen in the past few months. The industry reported assets under management (AUM) of Rs. 589 Bn, which is flat compared to March and down just 2.3% year-over-year. These assets are held…
People’s Bank posted a standalone PBT of LKR 16.6 billion for Q1 2026, reflecting resilience amid global uncertainty. Asset quality improved, with Stage 3 ratio down to 7.2% and Stage 3 provision coverage up to 50.0%. Capital and liquidity strengthened via the issuance of an LKR 25.0 billion Tier 2 debenture, lifting CAR to 17.9%…
Reuters – Ferrari presented its first fully electric car on Monday, marking a high-stakes shift by the luxury sports car maker as competitors including Porsche and Lamborghini scale back their EV ambitions, citing weak demand. The four-door Luce, Italian for ‘light’, was developed with the help of former Apple design chief Jony Ive and his collective LoveFrom,…
John Keells Holdings PLC (JKH) reported a strong financial performance for FY2025/26, with Group EBITDA increasing 75% to Rs.80.01 billion, reflecting the contribution of investments made over the past several years and the continued performance of the Group’s established businesses. Group recurring EBITDA increased 71% to Rs.78.05 billion, compared to Rs.45.69 billion in the previous…
The International Monetary Fund (IMF) says Bangladesh has requested a new IMF-supported programme as the country seeks to strengthen macroeconomic and financial stability amid ongoing global economic uncertainties. In a statement, IMF Mission Chief for Bangladesh Ivo Krznar said IMF staff are currently engaged in discussions with the Bangladeshi authorities regarding their reform agenda and…
Analysis
By Prof. Samitha Hettige The Sripada (Adam’s Peak/ Samanala kanda) pilgrimage season running from December full moon day to May full moon day ended recently. President Premadasa was the last head of state to climb the mountain (early 1990s) after King Nissnaka malla (Ref. Mahavansa). The ‘Samanala’ hydroelectric power station (‘Laxapana dam’) built across the ‘Maskelioya-oya’ downstream…
Sri Lanka’s total exports, comprising both merchandise and services, reached US$ 1,380.93 million in April 2026, recording a year-on-year growth of 6 % compared to April 2025. According to provisional data released by Sri Lanka Customs, together with estimated figures for Gems & Jewellery and Petroleum Products, merchandise exports in April 2026 increased by 9.87%…
With India poised to become the world’s third-largest economy, Sri Lanka must treat its nearest neighbour not as a trade rival but as its most consequential export destination. Key Takeaways India is no longer optional — it is a defensive necessity. The simultaneous erosion of Sri Lanka’s US market access (20% tariff, up from near…
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