Lead Story
Colombo’s container boom propels Sri Lanka’s premier port into the world’s top 20, as volumes surge nearly 12 per cent in six months. The Port of Colombo has strengthened its position as one of the world’s fastest-growing major container hubs, handling 4.44 million TEUs in the first half of 2026, an 11.9 per cent year-on-year…
Featured
Vista Essential Foods (Pvt) Ltd., a dynamic new force in spice manufacturing and essential foods, officially unveiled its flagship spice portfolio during a launch event held recently at the Hilton Colombo. Created to enrich daily Sri Lankan cooking with authentic local flavours, the milestone event introduced the brand and its inaugural product range to consumers,…
The Commercial Bank of Ceylon has taken centre stage at a leading global technology forum in Copenhagen, becoming part of a groundbreaking industry-first that demonstrates how cutting-edge telecom architecture can transform modern banking. At TM Forum’s ‘DTW Ignite 2026,’ a premier global platform that brings together communications service providers, technology partners and digital ecosystem leaders,…
An intriguing conversation on craft revival at Rithihi, the cultural space at Alfred House Gardens – for South Asian heritage textiles and their contemporary designer expressions When a craft goes extinct, it’s a permanent loss of knowledge and creativity that humans painstakingly assembled for centuries. This loss ripples far beyond a simple style or a…
MD looks back on Samsung’s leadership in home appliances at Superbrands Sri Lanka’s Choice 2025 Samsung Sri Lanka has been recognised at Superbrands Sri Lanka’s Choice 2025 in the Home Appliance category, marking a significant milestone for a brand that has built a strong presence in Sri Lankan homes through innovation, quality and consumer trust….
A new approach to plastic waste management is emerging in Sri Lanka’s plantation sector, where renewable energy, recycling, community livelihoods and environmental conservation have been brought together under one initiative. The Somerset Eco Material Collection and Processing Centre (MCPC), established at Somerset Estate in Radella under Talawakelle Tea Estates PLC Strengthening Women and Youth Engagement…
BYD and its authorized Sri Lankan distributor, John Keells CG Auto, officially launched the BYD Mobile App in Sri Lanka, introducing one of the country’s most advanced connected vehicle ecosystems and marking a major milestone in the brand’s digital transformation journey. Since the app went live on 7th August, over 4,000 customers have already installed…
Real Smart Global (Pvt) Ltd has been recognised as the ‘Most Trusted Student Visa Consultancy of the Year 2026’ at the Asia Miracle Awards 2026, further strengthening its standing in Sri Lanka’s foreign education and student visa consultancy sector. The award was presented at the Asia Miracle Awards 2026 held on 30 June at the…
Repayment periods of up to 15 years provide eligible pensioners with greater flexibility Eligible pensioners can now access financing from Rs. 100,000 to Rs. 12 million through the DFCC Garusaru Pension Loan, with repayment periods of up to 15 years and a choice of fixed or variable interest rates. The facility can be used for…
Further strengthening its commitment to empowering Sri Lanka’s agricultural community and supporting the growth of Small and Medium Enterprises (SMEs), Seylan Bank recently conducted an SME Scale-Up Programme for farmers in Tissamaharama, equipping participants with the financial management knowledge, business insights, and banking solutions needed to strengthen and sustainably expand their agricultural enterprises. Held at…
Colombo, your dinner plans just got a whole lot more interesting. On 28 August, Yazu at the Beach is packing up its signature Pan-Asian energy in Galle and heading north for a one-night takeover of ON14 at Radisson Hotel Colombo. And Yazu is not coming empty-handed. Expect a menu built for serious sharing, questionable decisions…
Top News
As part of Forward Faster Now | APAC 2026, the UN Global Compact Network Sri Lanka convened the SDG Investment Forum, a high-level Technical Deep Dive and Leadership Roundtable dedicated to advancing sustainable and transition finance across Asia-Pacific emerging markets. Delivered in collaboration with the United Nations Environment Programme Finance Initiative (UNEP FI), the Principles…
The future competitiveness of Sri Lanka’s businesses will depend not only on sound management but on the strength, vision and effectiveness of the country’s boardrooms. That message resonated strongly as the Sri Lanka Corporate Director Summit 2026, organised by the Sri Lanka Institute of Directors (SLID), successfully concluded recently, bringing together 475 participants, including chairpersons,…
The Sri Lanka–China Business Council (SLCHBC) of The Ceylon Chamber of Commerce recently celebrated its 25th Anniversary, marking a quarter-century of economic and trade cooperation between Sri Lanka and China. The event, themed “25 Years of Unwavering Alliance,” brought together senior government officials, diplomats, past presidents and office-bearers of the Council, and prominent business leaders…
The Economic Crime & Geopolitics Index (ECGI) was introduced at Jesus College, University of Cambridge, during the 43rd Cambridge International Symposium on Economic Crime, in Workshop 5, which focused on strategies to combat economic crime across South Asia and ASEAN. The ECGI comes at a critical moment for the region. Public reporting has highlighted significant…
Reuters – Oil prices fell more than $2 a barrel on Wednesday as talks between Iran and Oman revived hopes that the Strait of Hormuz could reopen and remove shipping constraints affecting supply in the key Middle East region. Brent crude futures fell $2.30, or 2.6%, to $86.28 a barrel by 0447 GMT, earlier dropping…
Sri Lanka is taking a significant step towards strengthening its position in the regional digital finance landscape with the inaugural Sri Lanka FinTech Festival 2026, organised by the FinTech Forum Sri Lanka in collaboration with the Ministry of Digital Economy. Addressing the official press conference held Tuesday (25) at the Amari Colombo hotel premises, Deputy…
A business delegation to Australia led by the Ceylon Chamber’s Sri Lanka–Australia–New Zealand Business Council (SLANZBC) opened new avenues for trade, investment and institutional cooperation, following engagements with Australian parliamentarians, government agencies, trade bodies and the business community in Canberra, Melbourne and Sydney. Undertaken in collaboration with the High Commission of Sri Lanka in Australia,…
Porsche AG said on August 25 that it signed a five-year, 1.25 billion euro (US$1.5 billion) deal with Tata Consultancy Services Ltd. (TCS), an Indian software services company. The deal will deploy AI across the automaker’s engineering, manufacturing, operations, and customer experience functions. Under the agreement, TCS will acquire Porsche’s Germany-based consulting unit, MHP Management- und…
Analysis
The Sri Lankan property market could enter its next major growth phase following the government’s approval to commence the procurement process for the first phase of the Ruwanpura Expressway Project. Phase 1 of the project, which will connect Kahathuduwa to Ingiriya and will include the construction of a new bridge interchange at Kahathuduwa, is expected…
The Land Valuation Indicator (LVI) compiled for Colombo District increased by 5.9 per cent at a moderate pace during the first half of 2026, compared to the corresponding period of 2025. All three sub indicators of the LVI recorded moderate year-on-year increases during the period, with Residential LVI increasing by 6.7 per cent, followed by…
Government approval moderates as economic outlook weakens: Mood of the Nation poll In the latest July 2026 round of the Gallup-style ‘Mood of the Nation’ poll conducted by Verité Research, the government’s approval rating moderated to 50%, following a post-election high of 65% in the previous February 2026 round. The polling partner was Vanguard Survey…
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