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Citrus Resorts & Hotels Witness Surge in Bookings and Interest During Festive Season Amidst Travel Boom

Citrus Resorts & Hotels, a leading name in Sri Lanka’s hospitality sector, has reported a significant increase in bookings and inquiries, reflecting a growing demand for premium travel experiences. With two iconic beachfront properties—Citrus Waskaduwa and Citrus Hikkaduwa—the brand continues to attract travellers seeking both relaxation and adventure. Nestled along Sri Lanka’s southwestern coast, Citrus…

(0) Comments | April 18, 2025 11:45 am

Featured

APSEZ acquires 50 MTPA capacity NQXT Australia, accelerating path to 1 billion tonnes p.a. by 2030

NQXT is a highly efficient and cash generating asset that will consolidate APSEZ’s presence along the East-West trade corridor, in line with its global expansion strategy The Board of Directors of Adani Ports and Special Economic Zone Ltd. (APSEZ), India’s largest integrated Transport Utility company has approved the acquisition of Abbot Point Port Holdings Pte…

(0) Comments | April 18, 2025 4:21 pm

Power World Gyms Powers Up Sri Lanka Rugby as Official Fitness Partner

Power World Gyms proudly announces its partnership with Sri Lanka Rugby as the Official Fitness Partner, marking a significant milestone in its ongoing mission to support national sports and athletic excellence. This collaboration not only reinforces Power World’s position as a leading fitness brand in Sri Lanka but also reflects its deep commitment to empowering…

(0) Comments | April 18, 2025 4:13 pm

Turning Creativity into Commercial Impact: Fudge Marks Five Years as Sri Lanka’s Only Behavioural Science Communications Agency

Fudge celebrates five years as Sri Lanka’s first, and currently only, behavioural science communications agency, known for turning creativity into hard numbers both at home and overseas. Fudge was launched in 2020 on the belief that agencies should aim for profit, not just mere engagement, when working with clients. As a result, Fudge has ensured that…

(0) Comments | April 18, 2025 4:11 pm

Sampath Bank Partners with COYLE to Champion SME Growth and Entrepreneurship

Sampath Bank recently formalised a strategic partnership with the Chamber of Young Lankan Entrepreneurs (COYLE) by signing a Memorandum of Understanding (MOU) at its Head Office. This partnership highlights Sampath Bank’s ongoing commitment to promoting innovation, driving business growth, and empowering Sri Lanka’s entrepreneurial ecosystem. Through this collaboration, Sampath Bank will serve as the official…

(0) Comments | April 18, 2025 4:08 pm

Multi-faceted artist Indika Wijewardana returns to Dubai for his latest artistic adventure

Multi-faceted Sri Lankan artist Indika Wijewardana is set to embark on his latest artistic odyssey by attending World Art Dubai, held from 17th to 20th April 2025 at the Dubai World Trade Centre. As the region’s largest contemporary retail art fair, the event features over 10,000 artworks from more than 400 renowned galleries and solo artists…

(0) Comments | April 18, 2025 4:06 pm

Victory for Sri Lanka at the Prestigious International Client Consultation Competition

The team representing Sri Lanka at the Brown Mosten International Client Consultation Competition (“BM ICCC”) held in Glasgow, Scotland emerged Winners of the Competition following the final round held on 12th April. The team, consisting of Bilaal Marikar and Januda Perera, was trained by Senuri Silva, Head of the Mediation Program at the Moot Court…

(0) Comments | April 18, 2025 4:01 pm

First Capital Treasuries PLC to Strengthen Capital with Rs. 3Bn Issue

First Capital Treasuries PLC, the Primary Dealer arm and a subsidiary of First Capital Holdings PLC, has announced its intention to issue Listed, Rated, Subordinated, Unsecured, Redeemable Debentures amounting to Rs. 3 billion, with a maturity period of five years. The primary purpose of the proposed Debenture Issue is to optimize capital through the enhancement…

(0) Comments | April 18, 2025 12:37 pm

Assetline Finance Entity Credit Rating Upgrade Highlights Strategic Growth and Stability

Assetline Finance Limited (AFL), the flagship company of the Financial Services Cluster of David Pieris Holdings, has received an upgraded entity credit rating from Lanka Rating Agency (LRA) to A with a Positive Outlook, up from its previous rating of A- with a Stable Outlook. This upgrade, along with the improved outlook, reflects AFL’s strong…

(0) Comments | April 18, 2025 12:32 pm

Uber dials up safety for women drivers with ‘Women Rider Preference’

Uber, Sri Lanka’s leading ride-hailing app, today launched the Women Rider Preference feature, a move designed to enhance safety and encourage more women to drive on the platform. This tech-enabled feature gives female drivers the choice to receive trip requests only from women riders – a flexibility many have asked for, particularly when driving at…

(0) Comments | April 18, 2025 12:20 pm

NDB Bank Hosts Exporter’s Forum to Empower and Elevate Sri Lanka’s Businesses

NDB Bank continued its ongoing commitment to strengthening Sri Lanka’s export sector by hosting yet another successful Exporter’s Forum on the 4th of April 2025. Held in the heart of the Northwestern region, Kurunegala, the event brought together a distinguished audience of exporters and key stakeholders to engage in insightful discussions centred around exporter development…

(0) Comments | April 18, 2025 10:22 am

Analysis

Manufacturing PMI hits 4-year high in March amid seasonal demand surge

Sri Lanka Purchasing Managers’ Index for Manufacturing  (PMI – Manufacturing) reached 63.9 in March 2025, recording its highest value in four years. All sub-indices posted month-on-month expansions, reflecting a notable improvement in manufacturing activities, driven by the strong seasonal demand. The sharp increases in the New Orders and Production sub-indices, particularly within the food and…

(0) Comments | April 18, 2025 6:54 am

Impact of USA Reciprocal Tariff on Sri Lanka Tea Exports to USA

Why USA is a critical Tea market and need to request full Tariff free access for the future of our Tea industry? USA is an important tea market and rank as the second largest buyer of tea in the world in terms of value of tea imports. As per available information it has imported over…

(0) Comments | April 17, 2025 2:13 pm

Why Sri Lanka needs to address its policy on Vaping

By Jithendra Antonio The recent conversation at Sri Lanka’s Committee on Public Finance (‘COPF’) meeting on 11 March is a topic hotter than the coils in the ‘vapes’ that so many remain misinformed about. The reported snippets of the meeting, however, highlight the confusion among some policymakers regarding the legality and regulation of these vapour…

(0) Comments | April 16, 2025 10:58 am
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