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Reuters – Oil prices rose around 3% on Tuesday, clawing back some of the previous session’s losses on renewed supply fears, with the Strait of Hormuz largely shut and U.S. allies rejecting calls to deploy warships to escort tankers through the key chokepoint. Brent futures jumped $3.07, or 3.1%, to $103.28 a barrel by 0734…
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Vision Care, Sri Lanka’s largest vision, hearing and eyewear solutions provider, continues its partnership with Colombo Fashion Week (CFW) as the Official Eyewear Partner for the 13th consecutive year, supporting one of the country’s most influential fashion platforms. The Colombo Fashion Week Summer Edition, is scheduled to take place from 1–4 April at City of…
The SLIM-KANTAR People’s Awards 2026 will take place tonight at the Monarch Imperial, bringing together Sri Lanka’s most admired brands, celebrated personalities, and leading figures from the business and marketing fraternity for an evening dedicated to recognising those who have truly won the hearts of the people. Recognised as one of the country’s most anticipated…
Sri Lanka’s cricketing and academic communities recently came together for a unique knowledge-sharing experience as world-renowned statistician and custodian of the Duckworth–Lewis–Stern (DLS) Method, Steven Stern, addressed an engaged audience at a special forum held at the BMICH in Colombo. Organized by Sirus Migration and Education in collaboration with Bond University, the event brought together…
Cinnamon Hotels & Resorts received multiple accolades at the TAGS Awards 2026, Diamond Chapter, marking another strong year for reporting across its listed entities. John Keells Hotels PLC was also named the overall Winner of the Tourism & Leisure Category. Trans Asia Hotels PLC received the Gold Award in the Hotel Sector – Group Assets…
Impressive combined driving range of 1,100 km Hayleys Mobility has introduced the OMODA C9 PHEV as an exciting extension to its new energy vehicle portfolio, the premium OJ (OMODA & JAECOO) range in Sri Lanka. Leading the launch is the OMODA C9 PHEV, a vehicle that exemplifies the perfect fusion of performance, luxury, and cutting-edge…
Sri Lanka Insurance Corporation General Limited (SLICGL), Sri Lanka’s No. 1 general insurer and the country’s most trusted provider, has strengthened its engagement with the education sector, extending the strategic partnership with the Sri Lanka Institute of Information Technology (SLIIT) for the second consecutive year, to strengthen National Educator Awards (NEA) initiatives as the official…
Capital Trust Properties Chairperson and Chief Executive Officer, Minoli Wickramasinghe, has received the ‘Outstanding Contribution to the Real Estate Industry’ recognition at the House of Commons, Parliament of the United Kingdom. The recognition was presented in conjunction with the World School Summit and Cluster of Achievers. Capital Trust Properties recorded strong growth over the past…
Hayleys Fibre PLC, Sri Lanka’s leading manufacturer of coir fibre products and the flagship of the Hayleys Group’s Eco Solutions sector, announced the appointment of Ruwan Rajapakse as Managing Director with effect from 1 April 2026. Rajapakse succeeds Rajeeve Goonetilleke, who retires from the Hayleys Fibre PLC Board on 31 March 2026. An industry veteran…
Hatch, an innovation and entrepreneurship platform, today announced the successful conclusion of the second cohort of its GoviLab AgriTech Accelerator program, run in partnership with the Sarvodaya Shramadana Movement. The program is designed to champion technological innovation and scale-up high-potential solutions within Sri Lanka’s agricultural sector, with a specific focus on uplifting small-holder farmers. GoviLab…
The MAS Athlete Training Academy and the Sri Lanka Institute of Information Technology (SLIIT) entered a landmark partnership to advance holistic athlete development. SLIIT is MAS Athlete Training Academy’s official Higher Education Partner, formalized through a Memorandum of Understanding signed in December 2025. The goal of the partnership is to ensure that promising Sri Lankan…
Top News
British Airways announces major winter 2026 expansion The airline’s long-haul route network is set to grow by nine per cent* New destinations include Melbourne in Australia and Colombo in Sri Lanka Expansion includes boost to winter capacity on several popular leisure routes including Cape Town, Tokyo and Barbados In response to the Middle East conflict, the airline also added additional flights to Bangkok and Singapore British Airways Holidays notes customers looking for alternative getaways, with an increase of more than 50 per…
The Sri Lanka Export Development Board (EDB), in collaboration with Verité Research, successfully conducted its second training programme, “Leveraging Trade Data for Export Success,” for women-led exporters in Kandy on 20th February 2026. This initiative was part of the EDB’s Women Entrepreneurship Development Programme. Following the successful programme held in Colombo, the Kandy session was…
Inside the 2026 Oscars $350,000 gift bag, from a custom prenup to the ‘Hermès of marijuana’ NBC Universal – Every year, the Oscars celebrate the best performances in film, and every year, a select group of nominees walk away with something almost as headline‑grabbing as the awards themselves: the legendary “Everyone Wins” nominee gift bag. The six‑figure…
Reuters – Oil prices rose more than 2% in early trade on Tuesday, reversing some of the previous session’s losses, on worries about supply with the Strait of Hormuz mostly shut and U.S. allies rebuffing calls to send warships to help tankers move through the vital waterway. Brent futures jumped $2.48, or 2.5%, to $102.69…
Purchasing Managers’ Indices indicate expansions in both Manufacturing and Services activities in February 2026. Sri Lanka Purchasing Managers’ Index for Manufacturing (PMI – Manufacturing) recorded an index value of 56.8 in February 2026, indicating a continued expansion in manufacturing activities. All sub-indices contributed positively to this expansion. Sri Lanka Purchasing Managers’ Index for Services (PMI – Services)…
President Anura Kumara Dissanayake stated that, in light of the challenges that have arisen due to the prevailing conflict situation in the Middle East, plans are being implemented to manage energy resources effectively while ensuring the uninterrupted continuation of the country’s economic activities and essential services. The President made these remarks while participating in a…
The evolving global situation and the escalating conflict in the Middle East requires coordinated measures to safeguard economic stability. The Ceylon Chamber remains ready to work with the Government in addressing potential economic risks and has outlined detailed policy recommendations. The Chamber, in its submission of 11 March 2026, recommended a number of policy measures…
The Colombo Stock Exchange recorded another sharp decline today (16), with both main indices closing significantly lower. The All Share Price Index (ASPI) fell below the 21,000 level, closing at 20,939.26 points at the end of trading. This marks the first time the ASPI has dropped below the 21,000 mark since September 18, 2025. Meanwhile, the…
Analysis
Sri Lanka recorded the highest number of tourist arrivals in history during the first two months of 2026, although tourism earnings declined during the same period, according to official data. Figures show that 277,327 tourists arrived in January 2026 while 279,328 visitors arrived in February, making them the two months with the highest tourist arrivals…
The Financial Intelligence Unit of Sri Lanka Releases the Executive Summary of the National Risk Assessment on Money Laundering, Terrorist Financing and Proliferation Financing – 2024/25 Sri Lanka has successfully completed the National Risk Assessment (NRA) 2024/25 on Money Laundering (ML), Terrorist Financing (TF) and Proliferation Financing (PF), in collaboration with a total of 86…
TTW Picks Best 50 Heritage Travel Destinations in the World for 2026 Travel and Tour World (TTW) has unveiled its new research, “50 heritage sites in the world for 2026,” highlighting the landmarks shaping the future of heritage tourism. Based on editorial research, historical significance, and the choices of 23 million readers, the list reflects the…
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