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Deputy Minister of Finance and Planning Dr. Anil Jayantha Fernando addressed parliament, assuring that there is no volatility in the Colombo Stock Exchange despite temporary market fluctuations. Addressing parliament this morning (22), Dr. Fernando explained that temporary fluctuations can occur from time to time across stock markets, primarily driven by changes in interest rates. He…
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Managed by Aitken Spence Hotels, the hospitality arm of Aitken Spence PLC, The Rainforest Ecolodge is entering a new chapter, placing the Sinharaja Forest Reserve, its biodiversity, and the communities living alongside it at the heart of the guest experience. This renewed direction strengthens the property’s role as the hospitality gateway to one of Sri…
The Imperial Institute of Higher Education (IIHE), one of Sri Lanka’s established private higher education institutions with three decades of academic excellence, has announced the appointment of Shehan Kumar as its new Chief Executive Officer. A recipient of the Outstanding Young Persons of Sri Lanka (TOYP) award, Kumar brings over 25 years of global corporate…
~ Employee and customer contributions, matched by DFCC Bank, support strategic leopard conservation projects implemented by WWCT ~ DFCC Bank’s Ride for Life: Ride for the Rosette reached Wilpattu as the fifth stop in its expanding 2026 leopard conservation campaign, following rides in Colombo, Kandy, Tissamaharama and Haputale. The Haputale and Wilpattu rides brought together…
Infinite Grace Foundation, founded by Stephanie Siriwardhana, has launched its United States chapter, marking a new phase in the organisation’s development from a Sri Lankan humanitarian initiative into an international organisation. The launch took place in New York’s iconic Times Square, marking a significant milestone in the Foundation’s international expansion. The U.S. chapter, co-founded by…
FOUNDATION.LK, the social empowerment arm of LK Domain Registry, has achieved a significant milestone with its Hithawathi Teens Hub Expansion Project receiving the Gold Award at the National Project Management Excellence Awards (NPMEA) 2026, organized by the PMI Colombo, Sri Lanka Chapter. The project was awarded under Category 13 – Best Managed Project in Community…
Charity Concert & Christmas Bazaar, 21 November at Bishop’s College Auditorium Soul Sounds, Sri Lanka’s award-winning female vocal ensemble, will headline O Come Let Us Adore Him, a Christmas charity concert and bazaar presented by the Rays of Hope Foundation Sri Lanka. The concert takes place on Saturday, 21 November 2026 at 7.00 p.m. at…
ACAP Stock Brokers, a premier financial services firm operating within the Colombo Stock Exchange (CSE), proudly announces the official opening of its newest branch in the heart of Jaffna. The inauguration took place on Wednesday, October 14, 2026, marking a significant milestone in the company’s strategic expansion to bring expert stock broking and advisory service…
Inaugural forum held at Viharamahadevi Balika Vidyalaya, Kiribathgoda, with a financial leadership club set up at the school Serendib Frontier Capital (Pvt) Ltd (Serendib), a Colombo-based boutique corporate finance advisory firm, has launched Future Her, a school-based programme to strengthen financial capability, confidence and leadership among young women. The programme’s inaugural Financial Literacy Forum was…
Emirates Skywards, the award-winning loyalty programme of Emirates and flydubai, is bringing back its popular ‘Mile-A-Minute’ offer, rewarding members with one Skywards Mile for every minute spent in Dubai, up to 7,200 bonus Miles. As Dubai welcomes its winter season of festivals, events and outdoor experiences, the limited-time offer adds an extra reward for international…
TEDxColombo, one of the most prominent and long-standing TEDx events in Sri Lanka, proudly announces the 14th edition of its flagship event, scheduled for Sunday, November 29th, 2026, at the iconic Temple Trees. Known for pushing boundaries and sparking dialogue, TEDxColombo 2026 promises another unforgettable day of insight, inspiration, and bold new ideas – brought…
Top News
CNBC – Oil prices climbed Thursday (22) on worries over a possible escalation in the Middle East conflict as the U.S. reportedly plans to resume strikes against Iran. Brent crude futures rose 3.1% to $112.20 a barrel as of 4:12 a.m. ET, while U.S. West Texas Intermediate crude gained 2.79% to $99.86. The U.S. and Israeli…
By Rashmi Anupama and Kalani Kiriveldeniya, Research Assistants, Institute of Policy Studies of Sri Lanka (IPS) Sustaining Sri Lanka’s post-crisis macroeconomic stability requires productivity-enhancing reforms to achieve durable and inclusive growth. Against this backdrop, the Institute of Policy Studies of Sri Lanka (IPS) hosted a roundtable discussion on 14 October 2026 on its flagship…
The Sri Lanka Export Development Board (EDB), in collaboration with the Embassy of Sri Lanka in Rome and the Consulate General of Sri Lanka in Milan, facilitated an exposure visit for Sri Lankan pharmaceutical manufacturers to the 37th edition of CPHI Worldwide 2026, held from 6th to 8th October 2026 at Fiera Milano, Milan, Italy….
The Asian Development Bank (ADB) has approved $100 million in financing to support reforms and investments that will strengthen social protection, economic inclusion, and well-being and resilience among the poor and elderly in Sri Lanka. The financing comprises a $50 million policy-based loan and a $50 million project loan. The Promoting Resilience and Opportunity for…
First PA-on-PA cross-border partnership under India’s PA-CB framework, live for Sri Lanka’s merchants, with Southeast Asia to follow India is Sri Lanka’s largest and fastest-growing tourism source market. In 2025, over 5.3 lakh Indian travellers visited Sri Lanka, making India the country’s largest source of tourists by a wide margin, with this momentum continuing into…
Tilak Gunawardana re-elected as President for 2026/2027 The Sri Lanka–USA Business Council (SLUSABC) of The Ceylon Chamber of Commerce marked its 10th Annual General Meeting on 14 October 2026 at Hilton Colombo Residences, reflecting on a decade of business engagement between Sri Lanka and the United States and setting out its priorities for the year…
Sunshine Healthcare Lanka Limited (SHL), a subsidiary of Sunshine Holdings PLC (CSE: SUN), has acquired a minority stake of 22% in Digital Health Private Limited (DHPL), the company behind Doc990. The investment marks a significant step in Sunshine’s continued expansion across the healthcare value chain, extending its presence into the rapidly evolving digital healthcare space….
Gross income grows by 10.6% to LKR 80.6 billion for 9M 2026 Net interest income reaches LKR 25.4 billion with a Net interest margin (NIM) of 3.6% Net fee and commission income expands by 14.1% to LKR 6.6 billion Applicable fraud loss of LKR 2.6 billion for 9M 2026 out of the total revised fraud…
Analysis
By Rashmi Anupama and Kalani Kiriveldeniya, Research Assistants, Institute of Policy Studies of Sri Lanka (IPS) Sustaining Sri Lanka’s post-crisis macroeconomic stability requires productivity-enhancing reforms to achieve durable and inclusive growth. Against this backdrop, the Institute of Policy Studies of Sri Lanka (IPS) hosted a roundtable discussion on 14 October 2026 on its flagship…
Sri Lanka Must Secure Its Electricity, Water, AI, Cloud and Digital Lifelines in the 21st Century Before the Next Failure Trouble the Entire Nation By Jithendra Antonio Sri Lanka’s greatest strategic vulnerability in the artificial intelligence age may not be a shortage of algorithms, foreign investment or technological ambition. It may be the inability to…
Customs data analysed by Siyaka Research indicates that Sri Lanka’s tea export earnings reached approximately US$ 1.083 billion during the January–September 2026 period, compared with US$ 1.163 billion earned during the corresponding period of the previous year. Despite September export volumes declining to 23 million kg from 23.7 million kg a year earlier, cumulative earnings…
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