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The inaugural day of the global “World CIO 200 Summit 2026,” bringing together Chief Information Officers (CIOs) and technology leaders spearheading digital transformation across public, enterprise, and social sectors, was held today (23) at Cinnamon Life, Colombo. Scheduled to run from September 23 to 25, the summit aims to position Sri Lanka as a global…
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Perodua Sri Lanka achieved an impressive milestone at the SLIM DIGIS 2.6 Awards, securing four prestigious awards — one Gold, one Silver and two Bronze awards for its impactful digital marketing initiatives. The Gold Award in the Automotive Sector further highlights Perodua’s growing strength and recognition in Sri Lanka’s competitive automotive market. As one of…
New Media Solutions (NMS) secured 11 awards four Silver, five Bronze and two Merit Awards at SLIM DIGIS 2.6 for campaigns developed for Softlogic Life Insurance PLC and Unilever Sri Lanka’s Closeup brand. The awards covered categories including artificial intelligence, cross-media integration, creative content, digital corporate branding, agile and moment marketing, and purpose-driven digital marketing….
Mobil, represented in Sri Lanka by McLarens Lubricants Limited, will join the 16th Gunner Supercross 2026 as the Official Lubricant Partner, strengthening its association with Sri Lanka’s motorsport community and some of the country’s most exciting racing action. The highly anticipated Gunner Supercross 2026 will take place on 27 September 2026 at the Regiment of…
Plexus Global (Pvt) Ltd., a leading state-of-the-art value-added IT distributor, recently entered a landmark partnership with TrendAI (formerly known as Trend Micro), a global pioneer in proactive, AI-powered cybersecurity. Under this new agreement, which was formalised on 1 June, Plexus Global has officially been appointed as the newest distributor for TrendAI’s advanced cybersecurity suite, expanding…
Imperial College claimed the Overall Championship Shield as Imperial Blaze 2026 concluded after two weeks of competition. Imperial Blaze 2026 concluded on September after two weeks of competition across rugby, basketball, cricket and football. More than 20 universities took part, with Imperial College of Business Studies (ICBS) claiming the Overall Championship Shield. Imperial swept the…
The Colombo Stock Exchange (CSE), in collaboration with the Securities and Exchange Commission of Sri Lanka (SEC) and the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), successfully concluded a series of issuer forums in Anuradhapura and Jaffna on 10th and 12th September, respectively. The forums formed part of an ongoing island-wide initiative…
The Sri Lanka Convention Bureau (SLCB), the national tourism organization responsible for the development and promotion of Sri Lanka’s Meetings, Incentives, Conferences and Exhibitions (MICE) industry, has announced the launch of SL MICE Expo 2026, bringing together more than 120 international hosted buyers and media representatives from 27 countries. The fifth edition of the flagship MICE event…
Many generations ago, an estate child’s first years began in a cloth hammock strung up at a small hut at a corner in a line room which was converted to establish Pulle Madu, where infants and toddlers were sheltered to ensure that plucking by their mothers was not disrupted. Today, fully equipped Child Development Centers…
Blink International has acquired Wristlab as part of a long-term strategy to elevate the watch retail experience in Sri Lanka. The acquisition brings together Wristlab’s established presence in the wristwatch market with Blink’s scale, expertise and market presence, creating a stronger platform to unlock new opportunities for growth, expand the offering and deliver a more…
Kwid, Kiger, Triber, and Duster now set to launch across Sri Lanka Renault, one of the world’s leading automotive brands, is returning to the Sri Lankan market in partnership with Associated Motorways (Private) Limited (AMW), one of the country’s leading automotive companies. Founded in France in 1898, Renault brings over 125 years of rich European…
Top News
The Ceylon Chamber of Commerce is pleased to see the tangible results of the commitment and sustained efforts towards restoring Sri Lanka’s macroeconomic stability, reflected in Fitch Ratings’ decision to upgrade the country’s Long-Term Foreign-Currency Issuer Default Rating from ‘CCC+’ to ‘B-’, with a Stable Outlook. The upgrade is an important development in Sri Lanka’s economic…
The International Monetary Fund (IMF) says any fiscal support measures introduced by Sri Lanka amid elevated global commodity and fuel prices should be carefully costed, temporary and targeted, particularly towards vulnerable groups. IMF Mission Chief for Sri Lanka Evan Papageorgiou made the remarks at a press briefing in Colombo today (23), responding to a question…
Sri Lanka’s export sector has surpassed the US$ 12 Bn mark during the first eight months of 2026, with total exports reaching US$ 12.01 Bn, an increase of 4.26% compared with US$ 11.52 Bn recorded during the corresponding period of 2025. The growth reflects continued momentum in Sri Lanka’s export performance, with both merchandise and…
IMF Staff Team Concludes Visit to Sri Lanka IMF staff and the Sri Lankan authorities held productive discussions relating to the Seventh Review of the IMF’s Extended Fund Facility (EFF), and the 2026 Article IV Consultation. Discussions will continue in the near term toward reaching agreement on parameters and policies needed to conclude the Seventh…
The Sri Lankan economy has faced a series of external and internal shocks in recent years that weakened its long-term growth outlook. Despite defying post-crisis growth trajectories, fresh uncertainties from oil price shocks and climate-related risks suggest that the policy context to accelerate growth will be even more challenging. In this context, select policy recommendations…
“Sri Lanka Must Move Beyond Economic Stability Towards Sustained Growth” – Prime Minister Dr. Harini Amarasuriya The IMF Mission Chief for Sri Lanka, Mr. Evan Papageorgiou, and accompanying representatives of the IMF met with Prime Minister Dr. Harini Amarasuriya at the Parliament on 22 September, with the key objective of sharing the experience and outcomes of…
World growth is holding up well in the face of the energy price shock, but real interest rates are rising, Fitch Ratings says in its latest Global Economic Outlook. Fitch has raised its forecast for global GDP growth in 2026 by 0.2pp to 2.6%, down only marginally from 2025 and close to the long-run trend….
In terms of section 44 of the Finance Business Act, No. 42 of 2011 (FBA), the Director of the Department of Supervision of Non-Bank Financial Institutions (Director of DSNBFI) of the Central Bank of Sri Lanka (CBSL) has issued orders to the following companies and its directors preventing the disposal, transfer, or otherwise dealing with…
Analysis
The Sri Lankan economy has faced a series of external and internal shocks in recent years that weakened its long-term growth outlook. Despite defying post-crisis growth trajectories, fresh uncertainties from oil price shocks and climate-related risks suggest that the policy context to accelerate growth will be even more challenging. In this context, select policy recommendations…
The Peoples Republic of China was founded by the Chinese Communist Party on 1st October 1949 & will be celebrating its 77th anniversary this year. Sri Lanka (then Ceylon) recognized it when many didn’t as latter has had centuries old relations with the great Chinese civilization. China is the only permanent member of the UN…
Young people in Sri Lanka are entering one of the most daunting job markets in recent history, confronting Asia’s highest rate of educated youth unemployment alongside severe emergency economic restrictions. According to International Monetary Fund (IMF) research, joblessness among young people (ages 15–24) with advanced or postsecondary education in Sri Lanka has reached 43 percent….
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