Lead Story
Oilprice.com – Investment banks are scrambling to revise up their oil price forecasts as the Middle East war cripples supply from the most important oil-producing region, with some expecting oil to surge to $150 per barrel or even higher if the Strait of Hormuz remains off limits for tanker traffic for several weeks. Analysts at Macquarie warned of…
Featured
Lina Manufacturing, the pharmaceutical manufacturing arm of Sunshine Holdings PLC, recently participated as the Diamond Sponsor at RESPIRE 2026, the annual academic sessions of the Sri Lanka College of Pulmonologists, held at Cinnamon Grand, Colombo. With this year’s theme as “Breathing New Life : Resilience, Innovation, and Equity in Respiratory Care”, the event commenced with…
Sri Lanka’s condominium landscape continues to expand at pace, reshaping urban living across the country, yet many residential communities still rely on manual payment methods that slow down collections, delay reconciliations and limit financial visibility for both residents and management corporations. Responding to this growing gap, Sampath Bank PLC has partnered with Apartner (Pvt) Ltd…
Bringing Research, Leadership and Real-World Impact Together The Postgraduate Institute of Management (PIM) successfully concluded its annual research conference, PIMARC 2026, on February 19, convening academics, business leaders, policymakers, and emerging scholars for a day of critical reflection and forward-thinking dialogue. Held under the theme “Inclusive and Responsible Management: Research for the New World,” this…
Nestlé’s iconic coffee brand, NESCAFÉ, is proud to once again partner with Colombo Fashion Week, fueling creativity at the 23rd Edition of Sri Lanka’s most coveted fashion event. The brand will be part of Colombo Fashion Week from April 1st to 4th at City of Dreams Sri Lanka. Rooted in NESCAFÉ’s commitment to creating great…
The Unit Trust Association of Sri Lanka (UTASL) announced its new Board of Directors, appointing Jeevan Sukumaran of SENFIN Asset Management as President. The Board assumes leadership at a time of significant growth and resilience in Sri Lanka’s Unit Trust industry. Over the past five years, the number of unit holders has more than doubled,…
HNB PLC marked International Women’s Day 2026 with a powerful call to accelerate women-led enterprise in Sri Lanka. The programme, held 6th of March at HNB Towers, brought together more than 300 women entrepreneurs, business leaders, development partners, academics and policymakers. Addressing the audience, HNB, MD/CEO, Damith Pallewatte explained, “The global theme for International Women’s…
Janashakthi Finance PLC, a subsidiary of JXG (Janashakthi Group), has been awarded the Bronze Effie at the Effie Awards Sri Lanka 2025 in the Finance category for its impactful campaign, “Uplifting the Sri Lankan Three-Wheel Community.” The recognition highlights the Company’s ability to combine creative storytelling with measurable business results, while advancing financial inclusion and…
Power World Gyms, Sri Lanka’s leading fitness brand with over 30 years of promoting healthier lifestyles, has partnered with Kings Hospital Colombo as its Official Wellness Partner. This collaboration brings together expertise in fitness and healthcare to introduce a dedicated wellness programme for the hospital’s staff, supporting their physical and mental well-being. Through this partnership,…
SELVE is an innovative, spoken English app designed to make English communication more accessible through real-time AI-driven support. Developed by the Selvern Trust for people whose career advancement has slowed due to a lack of confidence in speaking English, SELVE functions as an interactive platform to resolve these language barriers. Available for download with a…
There is a persistent belief that digital platforms dilute faith, that sacred observances lose their depth when ‘sensationalized’ on social media. Yet the experience of Ramadan in Sri Lanka suggests something more complex. Ramadan in Sri Lanka has long been marked by quiet solidarity where communities celebrate alongside their Muslim friends in ways both simple…
Top News
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…
Following discussions with the Consulate General of Sri Lanka in Mumbai and an on-the-ground assessment in Sri Lanka, the Tata Group has initiated a project to ensure the right to education for children affected by Cyclone Ditwah. Under the ONE Tata Sri Lanka Cyclone Ditwah and Floods Response Programme, the Tata Group has committed to…
Oilprice.com – Oil producers in the Arab Gulf have already lost at least $15.1 billion in oil and gas revenues since the start of the Middle East war, per estimates by commodities analytics firm Kpler cited by the Financial Times. The de facto closure of the Strait of Hormuz has choked off since March 1, millions…
The Embassy of Sri Lanka in Brussels, in collaboration with Andrews the Travel Company in Sri Lanka, hosted a special destination awareness event titled “Explore the Treasures of Sri Lanka” on 5 March 2026 at the Sri Lanka Residence, for a group of luxury travel specialists in Belgium. The event aimed to promote Sri Lanka as…
The Committee on Economic Surveillance, established to safeguard Sri Lanka’s economic stability and protect the welfare of citizens amid external pressures, met yesterday (12) at the Presidential Secretariat under the chairmanship of President Anura Kumara Dissanayake. During the meeting, attention was focused on the potential adverse impacts on Sri Lanka’s economy arising from the current…
Port City Colombo has strengthened its technology services ecosystem by signing a strategic partnership agreement with OREL IT. The partnership marks an important step in advancing the project’s digital capabilities and supports its vision of becoming a globally competitive financial and technology-driven services hub. Under the agreement, OREL IT will provide customised technology solutions and…
John Keells Hotels PLC has entered into an agreement to divest its controlling stake in the company that owns the well-known Cinnamon Citadel in Kandy. In a disclosure to the Colombo Stock Exchange, John Keells Hotels PLC said it has signed a binding agreement with Lavendish Leisure, the hospitality arm of the Dedigama Group, to divest…
Marine tourism, which includes activities such as scuba diving, snorkeling, sailing, and marine wildlife experiences, has become an increasingly important segment of the global tourism industry. It offers travellers unique opportunities to explore the ocean’s natural beauty, underwater ecosystems, and historic shipwrecks while supporting coastal economies and promoting ocean conservation. Around the world, destinations are…
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…
Video Story
