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The Sri Lanka Export Development Board (EDB), in collaboration with the Consulate General of Sri Lanka in Melbourne, successfully organised Sri Lanka’s first-ever national pavilion at Fine Food Australia 2026, held from 31 August to 3 September, 2026, at the Melbourne Convention and Exhibition Centre (MCEC). The landmark participation marked an important step in strengthening…
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CFA Society Sri Lanka recently hosted a high-level industry academia dialogue on “Developing the Next Generation of Finance and Investment Talent in Sri Lanka,” bringing together representatives from leading employers, partner universities, CFA Institute and CFA Society Sri Lanka. Held in conjunction with a visit by senior CFA Institute representatives to Sri Lanka, the programme…
Sri Lanka’s pioneering and leading chicken processor Bairaha Farms PLC recently earned high praise for its creative participation at the Pro-Food Pro-Pack & Agbiz 2026 trade expo. Organised by the Sri Lanka Food Processors’ Association (SLFPA), the Pro-food Pro-pack & Agbiz 2026 trade expo was held from August 21st to 23rd, 2026 at the BMICH,…
Asia Asset Finance PLC (AAF) has further strengthened its capital position following the successful oversubscription of its Rights Issue, reinforcing the company’s financial resilience and providing a stronger platform for its next phase of sustainable growth. The Rights Issue comprised 45,162,012 Ordinary Voting Shares at Rs. 33.30 per share, offered on the basis of four…
A short novel about a mother’s love, memory, and the moments we take for granted – launched at the Pick a Book Readers’ Summit in Colombo, and now on Amazon internationally. Author and Pick a Book founder Ragulan Tharmakulasingam has released his second book, The Last Cup of Tea, a short and deeply emotional story…
BYD officially launched RACCO, its first model specifically designed to break into the highly competitive Japanese automotive market. The launch took place across multiple events hosted across Japan, marking BYD’s official entry into kei car segment. BYD Group Vice President Liu Xueliang attended the event and unveiled the new model together with Atsuki Tofukuji, Head…
Imperial College of Business Studies (ICBS) successfully concluded LEVEL UP 2.0 – The Next Million Mind-set on 9th September 2026 at Kandy Myst by Cinnamon, bringing together over 120 professionals, business leaders and emerging talent for an evening centred on wealth, career growth, continuous learning and personal development. Returning after the success of its inaugural…
Top achievers honoured for outstanding performance at Company’s mid-year awards at DoubleTree by Hilton Weerawila Ceylinco Life, Sri Lanka’s leading life insurer, has honoured its top-performing sales personnel at its Mid-Year Awards 2026, recognising their exceptional achievements in customer service during the first half of the year. Held at the DoubleTree by Hilton Weerawila under…
Fanta joined the vibrant spirit of Jaffna during the sacred Nallur Kandaswamy Temple Festival, one of Sri Lanka’s most significant Hindu religious celebrations. As devotees came together in prayer, devotion and tradition, the festival also brought the wider community together in a remarkable expression of heritage and togetherness. Fanta added moments of refreshment and engagement…
Dilshan Rodrigo, Director /Chief Executive Officer of Union Bank, has been re-elected as the Senior Vice Chairman of the Sri Lanka Institute of Directors (SLID) for the second consecutive year. The appointment was confirmed at the Institute’s Annual General Meeting (AGM) held recently. A dedicated and active member of SLID who previously served as Vice…
Three-day engagement via EMBRAX Multiversity empowers executives on AI, innovation and marketing leadership EMBRAX Multiversity yesterday kicked off a three-day engagement with Harvard-style Executive Leadership Program at Cinnamon Life, City of Dreams Colombo, featuring Professor Elie Ofek of Harvard Business School, empowering organisations and business leaders to lead in the age of Artificial Intelligence, innovation…
Top News
New report, authored by GSMA Intelligence in partnership with Huawei, released at UNESCO’s Digital Learning Week More than one in three (38%) people remains offline despite being covered by mobile broadband – and a lack of digital literacy skills is often to blame, according to new research published today. The new report, “Bridging the Divide:…
High Grown tea production in Sri Lanka dropped to its lowest monthly level in 34 years during August 2026, falling to 3.1 million kilograms due to persistent overcast skies and excessive rainfall. Preliminary figures released by the Sri Lanka Tea Board and reported by Asia Siyaka Commodities PLC confirm that August’s High Grown output is…
Zhang Yiming, the 43-year-old founder of TikTok parent company ByteDance, has officially become Asia’s wealthiest individual with a net worth surpassing $105 billion. His personal fortune climbed by more than $12 billion in a single month following upward valuation markups from major financial institutions, including BlackRock, Fidelity, and T. Rowe Price. These updated private valuations…
Sri Lanka’s Public Debt Management Office (PDMO), operating under the Ministry of Finance, Planning and Economic Development, successfully raised its targeted Rs. 70,000 million at the Treasury bill auction held today (16) though weighted average yields posted gains across all three maturity tenors. Yields nudged higher across the board compared to the previous auction: 91-Day…
World Bank Group President Ajay Banga announced that Nobel laureate Michael Kremer has been appointed as World Bank Group Chief Economist and Senior Vice President for Development Economics, bringing one of the world’s foremost development economists to lead the institution’s research, data, and analytical agenda. Kremer is known not only for tackling real-world problems through…
Agreements span next-generation engine maintenance, MRO support and digital aviation as Vietjet expands its fleet and operations including Sri Lanka, and globally Vietjet has expanded its strategic partnerships with Thales and CFM International across maintenance, repair and overhaul (MRO), aircraft component support, digital aviation, artificial intelligence (AI) and cybersecurity. These capabilities will support Vietjet’s expanding…
HNB PLC, Sri Lanka’s leading private sector bank, has enabled online payments to all government institutions connected to LankaPay’s Online Payment Platform via its Transaction Banking (TxB) platform with effect from 1 September 2026, allowing every HNB TxB client across the SME, Business Banking, Emerging Corporates and Corporate Banking segments to make payments to government…
The Colombo Stock Exchange (CSE) has received the ‘Great Place to Work’ Certification’ for the 5th consecutive year in a row. Since 2022 the bourse has been continually awarded the certification in recognition of its commitment to providing a welcome, inclusive and safe environment. “At CSE, our people remain our greatest strength.” remarked Mr. Rajeeva…
Analysis
By: Bikram Dasgupta, EY GDS Consulting Technology Sector and AI Innovation Leader The future is being shaped by a generation growing up alongside artificial intelligence (AI), biotechnology, and quantum computing. For Sri Lanka, however, the opportunity is not to replicate the scale of the world’s largest technology hubs. It is to turn the country’s talent,…
A prolonged settlement over the MV X-Press Pearl dispute could prove costly for Sri Lanka’s shipping economy Four years after the MV X-Press Pearl caught fire and sank off Colombo, spilling plastic pellets and chemicals along Sri Lanka’s western coastline, the environmental case has largely been settled in the country’s favour. The economic one has…
By Dr Nirmal De Silva – Associate Professor in Strategy, Policy Contributor & Corporate Advisor I have lost count of how many meetings end in much the same way. The formal business is concluded, the laptops are closed, and then comes the question that often says more than the agenda ever did: where should we…
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