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Mr. Evan Papageorgiou, International Monetary Fund (IMF) Mission Chief for Sri Lanka issued the following statement today: “In the wake of the devastating impact and widespread destruction caused by Cyclone Ditwah, we extend our deepest sympathies to the people of Sri Lanka who have been profoundly affected by this disaster. “The Sri Lankan authorities have…
Featured
Tokyo Cement Group’s longstanding commitment to social progress and sustainability was honoured with a CSR Brand of the Year Merit Award at the SLIM Brand Excellence 2025 Awards ceremony held recently. The accolade recognises the Group’s flagship environmental conservation and community empowerment initiatives, designed to drive national transformation through meaningful, measurable CSR initiatives. The Tokyo…
Seylan Bank PLC has partnered with eChannelling (Pvt) Ltd, the country’s foremost digital healthcare platform, to integrate with the Bank’s Open Application Programming Interface Banking platform, a move that marks another milestone in Seylan’s digital banking journey. Through this integration, eChannelling will now execute real-time, secure, and automated payments via Bank Accounts in collaboration with…
The Commercial Bank of Ceylon has reaffirmed its long-standing commitment to advancing women’s empowerment and financial inclusion, by partnering with the National Credit Guarantee Institution Limited (NCGIL) as a Participating Shareholder Institution (PSI) in the newly introduced ‘Liya Shakthi’ credit guarantee scheme, designed to support women-led enterprises across Sri Lanka. The operational launch of the…
The company is involved in the research, design, manufacturing, and exporting of advanced sports simulators and lifestyle products, with a particular emphasis on its flagship product, the SkiPod. Recognized as the world’s first indoor ski and snowboarding mixed reality simulator of its kind, the company’s primary markets include North America, Europe, and the UAE. Backed…
In the aftermath of Cyclone Ditwah’s severe flooding across the Western Province, Round Table Sri Lanka (RTSL) has emerged as one of the nation’s fastest and most effective humanitarian responders, deploying urgent relief operations since 28 November 2025. RTSL’s first major mission launched in Welampitiya, delivering emergency food parcels, ration packs, medication, and bedsheets to…
Gamer.LK, the organisers of Play Expo and Colombo Comic Expo, wishes to inform the public that the upcoming editions of both events have been rescheduled to 10 and 11 January 2026 at the Sri Lanka Exhibition and Convention Centre. This decision was made with everyone’s safety and wellbeing in mind, following the natural disaster that…
HNB PLC, the most trusted private bank in Sri Lanka, announced on 28th October 2025 a new partnership with Future Automobiles (Pvt) Ltd, the authorized distributor for Ford in Sri Lanka. The initiative introduces special leasing rates, exclusive insurance benefits, and unique customer rewards to promote Ford vehicles in the local market. Commenting on the…
Exclusive Engagement Programme in Sri Lanka South Asia: One of Queensland’s Most Significant Student Regions Strategic Engagement with Leading Universities Trade and Investment Queensland (TIQ), the Queensland Government’s global business agency, together with Study Queensland, has strengthened its commitment to expanding high-quality international education opportunities for Sri Lankan students through a special two-day engagement programme…
Elpitiya Plantations PLC achieved outstanding recognition at the Best Corporate Citizen Sustainability Awards 2025, organised by the Ceylon Chamber of Commerce. The Company secured multiple honours for its commitment to responsible business, community upliftment, and environmental sustainability while continuing to rewrite the future of the plantation industry through purpose-led, sustainability-driven leadership. Elpitiya was recognised among…
The Public Relations Association of Sri Lanka (PRASL) hosted a specialised Masterclass on Cybersecurity & AI Risk for PR and Communications Professionals, led by cybersecurity and digital transformation expert Asela Waidyalankara. The programme forms part of PRASL’s ongoing commitment to equip industry professionals with the skills required to operate in a digital environment where rapid…
Top News
The Central Bank of Sri Lanka (CBSL) has ordered all licensed banks to extend temporary debt relief and new credit support to individuals and businesses hit by the recent cyclonic and flood disasters. Under Circular No. 04 of 2025, affected borrowers can request assistance until 15 January 2026. Banks may suspend repayments for up to…
SLT‑MOBITEL urgently requests the public not to remove or cut the SLT-MOBITEL Fibre and Copper cables that may be lying on the ground following the recent extreme weather conditions. These cables are operational even when fallen, and several service disruptions have already been reported throughout multiple cities due to their removal or damage. Safeguarding these…
Due to recent adverse weather conditions, some currency notes may have been damaged or exposed to water. The Central Bank of Sri Lanka advises the public to follow the steps in the notice to prevent further deterioration and ensure proper handling.
The Joint Apparel Association Forum (JAAF) announced that the industry has activated a coordinated response to safeguard communities affected by the severe weather conditions across Sri Lanka. With reports of flooding, landslides and access disruptions in several districts, JAAF confirmed that employee safety and wellbeing remain the sector’s highest priority. JAAF is working closely with…
The Government of Sri Lanka had discussions with the Asian Development Bank (ADB) to mobilize a policy-based loan amounting to USD 100 million to implement the Power Sector Reforms and Financial Sustainability Program (Subprogram 2). This policy-based lending program will support the establishment of independent and financially sustainable electricity utilities. It will also support the…
A meeting was held this afternoon (04) at the Presidential Secretariat, chaired by President Anura Kumara Dissanayake, with officials from the Ministry of Industry and Entrepreneurial Development and the Ministry of Finance, to review the damage sustained in the industrial sector and the measures required for its recovery. During the meeting, officials presented statistical data…
The International Monetary Fund (IMF) has expressed deep condolences to Sri Lanka following the devastating cyclone and assured that it is closely engaging with authorities to assess the full humanitarian and economic impact. Responding to a question from Ada Derana at the IMF’s regular press briefing on December 4, Communications Director Julie Kozack said the…
As part of ongoing relief efforts for communities affected by Cyclone Ditwah, HUTCH Sri Lanka has donated Rs. 60 million to the Government’s ‘Rebuilding Sri Lanka’ Fund. The contribution was officially handed over today (04) at the Presidential Secretariat. The donation cheque was presented to Secretary to the President Dr. Nandika Sanath Kumanayake by HUTCH…
Analysis
Fitch Ratings – Surging IT investment and wealth effects from buoyant equity markets are cushioning the impact of higher tariffs on the US economy, Fitch Ratings says. We have raised our world growth forecasts in our December Global Economic Outlook (GEO) but still expect growth to slow to 2.5% this year and to 2.4% in…
The barometer’s record high loses momentum as pre-budget caution weighs on sentiment The beginning of November saw the presentation of Budget 2026, which largely mirrored the previous year’s proposals. While the budget did not introduce any major reforms, the president assured that Sri Lanka is on track to regain the economic output lost during the…
By Dr Pulasthi Amarasinghe and Usha Perera Cyclone Ditwah exposed critical gaps in Sri Lanka’s health and disaster response systems. Health and disaster agencies lack integrated dashboards and real-time data, forcing frontline workers to rely on informal, siloed information during emergencies. Building integrated coordination platforms and climate-health surveillance systems can create climate-resilient health systems. As Sri…
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