Lead Story
The fourth working-level session of the Japan–Sri Lanka Committee on Business Environment underscores a maturing bilateral partnership built on transparency, investor confidence, and shared economic ambition. In a reaffirmation of the enduring economic partnership between Sri Lanka and Japan, the Board of Investment (BOI) of Sri Lanka convened the Fourth Working-Level Meeting of the Japan–Sri…
Featured
From milestone birthdays and engagement soirées to private dining experiences by the ocean, Yazu at the Beach is redefining how special moments are celebrated on Sri Lanka’s southern coast. Nestled along the golden shoreline of Radisson Blu Resort Galle, Yazu at the Beach is quickly becoming the destination of choice for those seeking celebrations that…
Assetline Finance PLC (AFIN), a member of the David Pieris Holdings, is pleased to be the preferred finance partner for the launch of Sri Lanka’s first GWM Flagship Experience Centre at Access Towers, Colombo by David Pieris Automobiles (Pvt) Ltd (DPA). This state‑of‑the‑art facility marks a significant milestone in the country’s evolving automotive retail landscape….
100% of proceeds to support Oceanswell’s marine conservation in Sri Lankan waters In celebration of World Oceans Day, Colombo Jewellery Stores (CJS) in partnership with Oceanswell, spearheaded by renowned marine biologist, Dr. Asha de Vos, have launched a Limited-Edition Whale Shark Pendant. Limited to just 100 individually numbered pieces, the Pendant marks the fifth species…
Two [02] Colombo Icons unite to redefine Event Hospitality: ‘Havelock City Banquets by Green Cabin’ launched. Green Cabin strengthens 142-year legacy with hard launch into Events, Weddings & Banquets Sector Cyril Rodrigo’s Restaurants (Pvt) Ltd (Green Cabin) has expanded its presence in Sri Lanka’s hospitality and events sector through a strategic partnership with Havelock City…
Siyapatha Finance PLC has appointed Deshal de Mel and Nishani De Zoysa as Independent Non-Executive Directors to its Board with effective from the 18th May,2026. Mr. Deshal de Mel is a distinguished Sri Lankan economist and corporate professional with extensive experience in economic policy, financial markets, and corporate governance. He has served as an Independent…
SLT-MOBITEL Enterprise has entered a landmark Reseller Partnership Agreement with Starlink by SpaceX to offer cutting-edge connectivity to enterprises and SMEs in Sri Lanka. The agreement was formalized during an online signing ceremony held recently. Starlink’s low‑earth‑orbit (LEO) satellite network delivers high‑speed, low-latency connectivity to any location, particularly benefitting businesses operating in remote, rural, or…
During the Roland-Garros Finals weekend, Emirates hosted Brad Pitt, serving up its signature ‘fly better’ hospitality, and offering unmatched views of the action on iconic red clay courts. Brad Pitt, who was greeted by Emirates Airline President, Sir Tim Clark, enjoyed the airline’s signature world-class service and elevated dining experiences, such as afternoon tea, Dom…
John Keells Properties (JKP) has announced that Vauxhall DSTRCT, its newest residential development in the heart of Colombo, has surpassed 300 apartment sales within the first three months of launch, reflecting strong market demand and continued confidence in the company’s developments. The milestone highlights the positive response from both local and overseas buyers and reinforces…
Delmege Consumer, the flagship FMCG cluster of the Delmege Group, has evolved into one of Sri Lanka’s most trusted household names, building lasting relationships with communities across the island through a diverse portfolio of quality products that have become an integral part of consumers’ everyday lives for generations. Renowned for enriching households with Delmege’s own…
Evolution Auto, the authorized distributor of XPENG and AVATR in Sri Lanka, partnered with the prestigious 45 Under 45 CEO Awards 2026, reaffirming its commitment to supporting leadership, innovation, and excellence through world-class electric mobility solutions. The awards ceremony, which was organized by Global CEO Forum (Pvt) Ltd., recognized 63 exceptional CEOs, business leaders, and…
Top News
By Thareendra D. Kalpage The completion of the International Monetary Fund’s combined Fifth and Sixth Reviews under Sri Lanka’s Extended Fund Facility is an important milestone. The IMF Executive Board’s approval on 28 May 2026 released SDR 508 million, approximately US$695 million, bringing total disbursements under the 48-month programme to SDR 1.778 billion, or about…
High Commissioner. H.E. Santosh Jha lauds Indian CEO Forum’s role in deepening India–Sri Lanka economic cooperation and Partnership. Indian CEO Forum Reaffirms Commitment to India–Sri Lanka Business Ties At The AGM The Indian CEO Forum (ICF) successfully concluded its Annual General Meeting (AGM), reaffirming its commitment to strengthening India–Sri Lanka business relations, investment cooperation, professional…
Reuters – Oil prices fell on Tuesday, erasing most of the previous session’s gains, after Iran and Israel said they had halted attacks on each other following an appeal from U.S. President Donald Trump, though both sides warned they could resume hostilities. Brent crude futures were down 91 cents, or 1%, at $93.34 a barrel…
The Sri Lanka Institute of Tourism and Hotel Management (SLITHM), the apex government institution for tourism and hospitality education operating under the Ministry of Foreign Affairs, Foreign Employment and Tourism, marked a significant milestone on 08 June 2026 with the official signing of a Memorandum of Understanding (MoU) with the Central Academy of Culture and…
ASPI Slumps 1.57% in Single Day The Sri Lankan stock market experienced a notable downturn today (08), with both major indices closing in the red as investors reacted to escalating geopolitical tensions in the Middle East and a broader sell-off in regional markets. The benchmark All Share Price Index (ASPI) shed 340.85 points, closing at…
Sampath Bank PLC today marked a significant milestone in its growth journey with the official opening of its Colombo Port City Branch, reinforcing its commitment to supporting Sri Lanka’s emergence as a globally connected financial and investment destination. The opening ceremony was attended by the Sampath Bank Board of Directors, Corporate Management, representatives of the…
First Capital Holdings PLC, a subsidiary of JXG (Janashakthi Group) and a key player in Sri Lanka’s capital markets landscape, secured several global and local sustainability affiliations during FY 2025/26 while deepening its commitment towards responsible finance, climate accountability, financial inclusion and long-term stakeholder value creation. The year saw the company secure multiple globally recognised…
The Ceylon Chamber of Commerce is pleased to announce that the 26th edition of the Sri Lanka Economic and Investment Summit will be held on 12 and 13 October 2026, with preparations now being finalised, as the country’s foremost economic policy forum returns for another year of dialogue on issues of national importance. Engagements with…
Analysis
By Thareendra D. Kalpage The completion of the International Monetary Fund’s combined Fifth and Sixth Reviews under Sri Lanka’s Extended Fund Facility is an important milestone. The IMF Executive Board’s approval on 28 May 2026 released SDR 508 million, approximately US$695 million, bringing total disbursements under the 48-month programme to SDR 1.778 billion, or about…
The 23rd FIFA World Cup tournament will take place from 11th June11 till 19th July in sixteen cities in three countries (eleven in USA, three in Mexico, & two in Canada). For the first time the tournament is hosted jointly by three nations & for the first time 48 teams will be taking part (from 32 previously)…
Confidence in the economy remained subdued in May as the corporate community signalled a cautious outlook – likely influenced by fuel and electricity price hikes, the rising cost of living, geopolitical tensions and mounting pressures faced by the wider community. THE ECONOMY The latest LMD-PEPPERCUBE Business Confidence Index (BCI) survey, conducted in the first week of…
Video Story
