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The High Commission of Sri Lanka in the Republic of Maldives, in collaboration with CHEC Port City Colombo (Pvt) Ltd. hosted the Port City Colombo Investor Forum at the Barceló Nasandhura Malé on 10th August 2026, an invitation-only engagement bringing together a curated gathering of senior Maldivian business leaders, investors and developers. The forum marks…
Featured
AIA Insurance Lanka recently launched AIA+, a next-generation platform designed to simplify life insurance while empowering customers to live Healthier, Longer, Better Lives. By integrating insurance services, wellbeing, payments, claims and rewards into a single digital ecosystem, AIA+ sets a new benchmark for innovation in Sri Lanka’s insurance industry while contributing to community wellbeing and…
Prime Lands Residencies PLC (CSE: PLR.N), Sri Lanka’s leading listed real estate developer, has commenced FY2027 with a strong financial performance, recording significant year-on-year growth across key profitability indicators for the three months ended 30 June 2026. The Company reported revenue of Rs. 4.59 billion for the quarter, representing a 98% increase compared to Rs….
The Society for Human Resource Management (SHRM), the world’s largest HR professional association with close to 340,000 members across more than 180 countries, has strengthened its presence in Sri Lanka with dedicated local leadership and an expanded range of services for HR professionals and organisations. Dedeepya (Dedu) Ajith John, Senior Director – Consulting & BD,…
Union Bank celebrated outstanding achievements across the organisation at the UB Heroes Awards for 2Q 2026, a performance-driven initiative designed to recognize and reward employees, branches, and departments for their exceptional contributions and achievements. Continuing the success achieved at the 1Q 2026 UB Heroes Awards, Trincomalee Branch, under the leadership of Branch Manager Thushanthini Jesudasan,…
The National Chamber of Exporters of Sri Lanka (NCE) has opened applications for the NCE Export Awards 2026, the country’s premier national awards programme dedicated to recognising and honouring the best-performing exporters. Now in its 34th year, the awards have become a continuous and consistent feature of Sri Lanka’s export calendar, providing national recognition to…
Tropikal Life International, Aberdeen Holdings’ dehydrated products and coconut water export arm, has achieved Carbon Neutral Certification for its coconut water processing facility in Seeduwa, marking a significant milestone in the company’s ESG journey. The certification reflects a structured approach to measuring, managing, and offsetting the facility’s carbon emissions, while reinforcing environmental accountability across its…
In the misty highlands of Nuwara Eliya, where generations of estate workers have bent over tea bushes from dawn to dusk, a quiet revolution is taking root. A single machine, placed in the hands of a tea plucker, is rewriting decades old rules about what a day’s labour can earn, and who gets to earn…
Hayleys Alumex PLC, Sri Lanka’s leading aluminium extrusion manufacturer, partnered with the Road Development Authority (RDA) and the Operations and Maintenance Management Division of the Southern Expressway, to plant approximately 600 indigenous and fruit-bearing trees along sections of the Southern Expressway – spanning the Galanigama and Meerigama-Kurunegala Expressways – on 21st and 22nd July. The…
Expo Visa Services (EVS) has been recognised with two prestigious accolades at the National Business Excellence Awards (NBEA) 2026, organised by the National Chamber of Commerce of Sri Lanka (NCCSL). The company was named Runner-Up in the Travel, Visa and Immigration Sector and First Runner-Up in the Small Category, recognising its commitment to business excellence, innovation, and service quality. The dual…
Power Solutions officially commissioned a state-of-the-art microgrid system at the Faculty of Engineering, University of Peradeniya. The initiative addresses long-standing grid instability concerns, providing uninterrupted power for the faculty’s computer laboratories and high-demand artificial intelligence (AI) servers. Conventional backup UPS systems provided only a few minutes of power during grid outages, while traditional diesel generators…
Top News
The Ceylon Chamber of Commerce and the Maldives Business Chamber have entered into a Memorandum of Understanding (MoU) that will create new opportunities for businesses in Sri Lanka and the Maldives to expand trade, investment, and commercial partnerships. The signing took place in the presence of Hon. Wasantha Samarasinghe, Minister of Trade, Commerce, Food Security…
The Colombo Stock Exchange (CSE) and the UN Global Compact today marked a significant milestone in advancing responsible business in Sri Lanka with a ceremonial Ring the Bell for Responsible Business event and the launch of the Responsible Business Coalition—a landmark partnership designed to embed sustainability, strengthened governance and the Ten Principles of the UN…
A team of officials led by the Chairman of the Sri Lanka Export Development Board (EDB) recently conducted an observation visit to Ashadi Jewellers (Pvt) Ltd, one of the country’s leading jewelry manufacturing enterprises. The visit aimed to assess and provide the necessary support to strengthen the company’s export capabilities. Established in 1988, Ashadi Jewellers…
Ministerial-level talks address investment climate reforms, market access and a deeper European–Sri Lanka partnership The Government of Sri Lanka and the European Union (EU) held the Sri Lanka-European Union Investment Dialogue; a high-level policy engagement convened at the Shangri-La Colombo on 31 July 2026. The session brought together senior Sri Lankan Government officials, EU Ambassador…
The National SME Forum organised by The Ceylon Chamber of Commerce brought Sri Lanka’s SMEs and the wider business ecosystem together to connect businesses with markets, finance, expertise and support for growth. The Forum focused on supporting SMEs by addressing the issues that directly influence an SME’s ability to expand, including market access, procurement, standards…
Reuters – Sri Lanka’s central bank sees no need for more interest rate increases this year after its big, unexpected hike in May, with inflation expected to peak around current levels before easing back towards the 5% target next year, Governor P. Nandalal Weerasinghe told Reuters on Tuesday. Sri Lanka’s central bank surprised the markets…
A meeting between President Anura Kumara Dissanayake and a senior delegation from China Communications Construction Company Limited (CCCC), led by Zhang Bingnan, was held Tuesday afternoon (11) at the Presidential Secretariat. The meeting focused primarily on projects currently being implemented and proposed future projects centred on Colombo Port City. Senior representatives of CCCC noted that…
The Committee on Ways and Means emphasized the importance of utilizing digital technology, broadening the tax base, and strengthening institutional capacity to enhance the efficiency of Sri Lanka’s tax system, while reviewing the country’s fiscal performance, progress in tax revenue collection, and ongoing tax administration reforms. These matters were discussed at a recent meeting of…
Analysis
By Haridhu Abeygoonaratne, Managing Director/COO – SimCentric /Vice Chair – SLASSCOM At first glance, it seems improbable that a company developing advanced military simulation technologies for organisations such as the US Marine Corps, the US Military Academy, the UK Ministry of Defence and armed forces across NATO and Commonwealth countries would have its engineering nerve…
The Economy: Muted Optimism amid Caution Corporate confidence in the economy edged higher in July, supported by improved expectations in business circles regarding the months ahead. Nevertheless, sentiment remains measured as businesspeople continue to contend with rising costs and uncertainty surrounding the broader economic outlook. THE ECONOMY The latest LMD-PEPPERCUBE Business Confidence Index (BCI) survey,…
The unique index gains lost ground amid global risks and domestic uncertainties Even as Sri Lanka earned recognition as the world’s best island destination to visit in 2026, the country continued to attract global attention for all the wrong reasons. The national focus shifted to prison overcrowding and the deadly unrest in Negombo, leading to…
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