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Oman-based low-cost carrier SalamAir has announced a special additional flight between Colombo and Muscat, scheduled to operate today (05 March 2026), to facilitate passenger travel. The flight, OV1438, will depart from Bandaranaike International Airport (CMB) at 6:15 p.m. and arrive at Muscat International Airport (MCT) at 9:00 p.m., with a total flight duration of four…
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Web3Interactive LLC, a UAE-based immersive technology company headquartered in Dubai, is introducing advanced real estate visualization and immersive sales technologies to Sri Lanka through its innovation subsidiary, Immersive Labs. Sri Lanka’s real estate sector is demonstrating steady recovery in 2025, boosted by macroeconomic stabilisation, lower policy rates and renewed investor confidence. Overseas and Diaspora interest…
The team from the University of Kelaniya emerged victorious at the grand finale of the prestigious CFA Institute Research Challenge Sri Lanka 2025/26. The final was held on Friday, February 27, at HNB Towers. This year, four outstanding teams — SAB Campus of CA Sri Lanka, University of Colombo, University of Kelaniya, and University of…
Over 200 business leaders and policymakers convene in Colombo as government unveils structural reforms to attract investment and grow the economy. The American Chamber of Commerce in Sri Lanka concluded its flagship CEO Forum 2026 on 25 February with government officials outlining an ambitious plan to achieve 7% annual economic growth and progress toward a…
Tokyo Cement Company (Lanka) PLC recognised their Top Dealers for outstanding performance at the Annual Dealer Convention held at the Shangri-La Colombo. City Hardware & Stores-Jaffna walked away with the Best Dealer 2026 Grand Award, while Shanmugam Stores-Kilinochchi and National Trading Stores–Kurunegala, won 1st and 2nd Runner-Up awards, respectively, in the top category, among a…
Committed to delivering convenient banking solutions for all, the Commercial Bank of Ceylon has expanded its footprint to Kaluwanchikudy, with the opening of its newest branch in this scenic coastal town southeast of Batticaloa in the Eastern Province. Mr S. Prabagar, Chief Operating Officer of Commercial Bank officiated as the Chief Guest at the opening…
Ericsson to support 5G RAN implementation over the 3.5 GHz spectrum as part of Dialog’s 5G rolloutFocus will be on enabling enterprise services and nationwide 5G expansion Ericsson (NASDAQ: ERIC) has signed an agreement with Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, to deploy its 5G Radio Access Network (RAN). Announced at the 2026…
A decade of dominance; wins eight out of 10 Agency of the Year titles Third consecutive Agency of the Year title at the Effie Awards 21 Accolades; 1 Gold, 3 Silver, 3 Bronze and 14 Finalists Awards MullenLowe Group, Sri Lanka’s largest Brand Communications Company, once again reinforces its authority in creative effectiveness by retaining…
In today’s world, independent musical artists are routinely assured that platforms such as Spotify and YouTube represent the route to success in an increasingly competitive global music industry. The promise is this: upload your tracks, build your streams, grow a loyal following and, in time, algorithms and audience momentum will help transform your passion into…
Innox Holdings, Sri Lanka’s leading supplier of architectural glass solutions, participated in Architect 2026 for the first time in history and was recognized with an Excellence Award for Innovation for its uniquely-designed stall. Architect 2026 is organized by the Sri Lanka Institute of Architects, the premier professional body representing architects in Sri Lanka, dedicated to…
M One Group has emerged as one of the biggest winners at the 2025 Effie Awards, securing a total of 22 recognitions across multiple categories. Regarded as the benchmark for marketing effectiveness, the Effie Awards honour campaigns that deliver measurable results and contribute directly to brand growth. M One Integrations clinched four (04) Bronze Awards…
Top News
Khaleej Times – Hotels in Dubai have been requested to support guests impacted by the recent airspace closures, according to authorities. In a statement to Khaleej Times, the Dubai Department of Economy and Tourism (DET) confirmed that the safety and welfare of citizens, residents, and visitors is the country’s highest priority. “Hotels have been requested to support…
By Dr Bilesha Weeraratne With over 18% already aged 60 and above—and one in four projected to be 60 or older by 2041—the Sri Lankan population is rapidly ageing. IF harnessed effectively, the elderly population and the related Silver Economy have great potential to contribute to Sri Lanka’s economy. This blog analyses the challenges and…
JAT Holdings PLC has completed the second phase of the expansion of its binder manufacturing plant in Sri Lanka. The facility is now fully operational and will increase production capacity by 76%, supporting the Group’s growth ambitions across its emulsions and coatings portfolio in both domestic and regional markets. Binders are a main raw material…
Emirates has announced that it will continue operating a limited flight schedule from March 5 until 23:59 UAE time on March 7, 2026, due to ongoing airspace closures across the region. In its latest update issued at 15:30 Dubai time on March 4, the airline said it is prioritising customers with earlier bookings on the…
Reuters – Oil prices rose on Thursday amid growing concern over the prolonged closure of the Strait of Hormuz, as the U.S.-Iran war chokes off vital Middle East oil and gas flows while production facilities limit output. Brent crude was trading up $1.67, or 2.05%, at $83.07 per barrel by 0141 GMT. U.S. West Texas…
Reuters – Gold rose on Thursday as the widening Middle East conflict drove investors towards the safe-haven asset, while a softer dollar also lent support to bullion prices. Spot gold climbed 0.8% to $5,177.26 per ounce by 0249 GMT. U.S. gold futures for April delivery were up 1% at $5,186.40. The U.S. dollar eased from…
24-Hour Emergency Services for Tourists and Migrant Workers Operating Successfully – Ministry of Foreign Affairs Focus on Facilitating Grace Period Extensions for Migrant Workers Seeking to Resume Overseas Employment President Instructs Officials to Obtain Information on Individuals Who Have Travelled to Middle Eastern Countries for Tourism and Business A meeting to review the measures currently…
Reuters – Japan and the United States are working to include a nuclear power project in the second round of deals under Japan’s $550-billion investment package, two people with knowledge of the matter told Reuters on Wednesday. The nuclear power project, which the sources say will involve Westinghouse, is designed to strengthen both countries’ energy…
Analysis
By Dr Bilesha Weeraratne With over 18% already aged 60 and above—and one in four projected to be 60 or older by 2041—the Sri Lankan population is rapidly ageing. IF harnessed effectively, the elderly population and the related Silver Economy have great potential to contribute to Sri Lanka’s economy. This blog analyses the challenges and…
The business barometer dips again following a brief surge as corporate optimism fades Unpredictable global politics, T20 World Cup fever, progress on the 2025 Corruption Perceptions Index (CPI), emerging health concerns and the not unusual political drama have dominated conversations in recent weeks. Sri Lanka recorded notable progress on the CPI by Transparency International (TI),…
Asia-Pacific (APAC) commodity issuers are likely to see divergent credit effects if the Iran conflict prolongs disruption to Gulf energy supply and shipping, Fitch Ratings says. Upstream producers would benefit from higher realised prices, while the cost inflation would pressure the margins of downstream, energy- and feedstock-intensive sectors. Higher input prices pose the main risk…
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