Lead Story
The official press conference announcing “Sri Lanka AI Week 2026” was successfully held today (05), marking a major national initiative aimed at accelerating Sri Lanka’s digital economic transformation and positioning the country as an Artificial Intelligence (AI) hub. Jointly organized by the Ministry of Digital Economy, GovTech Sri Lanka, and SLT-MOBITEL, the flagship event is…
Featured
Sri Lanka Insurance Corporation General Limited (SLICGL), the nation’s No. 1 motor insurer and trusted leader in general insurance, supported pilgrims and visitors throughout the Katharagama Esala Festival, held from 26th to 29th July 2026. SLICGL were onsite, ready to help pilgrims should any unplanned breakdown threatened to disrupt their travels. It is the promise…
Director General Dr. Sulakshana Jayawardena emphasizes anchoring sustainability in verifiable practice, not observance alone The Board of Investment of Sri Lanka (BOI) marked Environment Day with an awareness and action programme held at the BOI auditorium, where Director General Dr. Sulakshana Jayawardena called on BOI staff to treat environmental protection as a daily discipline rather…
Networking events and meetings often result in a surplus of physical business cards which end up forgotten in the back of a drawer and lost opportunities that are unpursued after an initial meeting. Most connections stumble or falter after the first introductions. Synapseus Technologies proudly launches TapID, a Sri Lankan built digital business card and…
ALT X (Altered Experience), Sri Lanka’s fastest-growing business solutions company specialising in end-to-end eCommerce, strategic marketing, and applied AI solutions, has once again been certified as a Great Place to Work®, marking its second consecutive year of receiving the globally recognised certification. This year’s recognition is made even more significant by ALT X achieving one…
The Royal College Union (RCU) has announced a major initiative to transform The Royal College, Colombo, into a fully connected Smart School, with the support of MAS Holdings and Brandix Lanka. The 180 Million Rupee project, aims to create a more interactive, accessible and future-focused learning environment for students, while equipping teachers with the technology,…
Oceans Talent has unveiled its new dedicated headquarters in Colombo as it continues to grow its Sri Lankan team toward the 1,000 mark. While remaining a remote-first company, this space marks a significant milestone in the company’s long-term commitment to Sri Lanka and its vision of making world-class careers accessible without requiring talent to leave…
BoardPAC is proud to announce the appointment of Chrishan Fernando as Vice President – Sales and Marketing, bringing onboard one of the region’s most respected ICT and business transformation leaders. With more than 25 years of executive leadership experience across Fortune 50 companies, Chrishan has built a distinguished career leading high performing sales, marketing, and…
In a strategic move that underscores its ambitious growth plans, Dearo Venture Capital Ltd has appointed Mr. Roshan Jansen as Deputy Chief Executive Officer (Deputy CEO). The appointment comes as the company embarks on its next phase of expansion, with a strong focus on strengthening its presence across Sri Lanka’s Western Region while continuing to…
Adora Cosmetic Centre, Thalawathugoda, proudly announces a landmark achievement on the international stage by securing three prestigious accolades at the Global Health Awards Sri Lanka 2026, further strengthening Sri Lanka’s reputation for excellence in consultant-led cosmetic surgery and non-surgical aesthetic care. The Centre was honoured with the following awards at the Global Health Awards Sri…
The Sri Lanka Retailers’ Association (SLRA), in collaboration with the Postgraduate Institute of Management (PIM), officially inaugurated the second batch of the SLRA–PIM Retail Leadership Development Programme on 31 July 2026 at the Postgraduate Institute of Management, marking another significant milestone in strengthening leadership capabilities within Sri Lanka’s retail industry. Building on the success of…
Top News
Reuters – Asian stock markets jumped on Wednesday as robust earnings and renewed appetite for tech propelled Wall Street to record highs, while hopes for progress on opening the Strait of Hormuz pushed oil prices and bond yields lower. More evidence of the vast sums being spent on AI capex helped lift Japan’s Nikkei 3.5%, while South Korea continued its wild…
Minister Sunil Handunnetti Inaugurates Intex–InMac Sri Lanka 2026 at BMICH Intex–InMac Sri Lanka, South Asia’s premier international textile sourcing and garment manufacturing technology exhibition, was officially inaugurated today (05) at the Bandaranaike Memorial International Conference Hall (BMICH), Colombo, by Sunil Handunnetti, Minister of Industry & Entrepreneurship Development, Government of Sri Lanka, along with Mr. Yasas…
The Central Bank of Sri Lanka (CBSL) has organised a Digital Payments Promotional Programme in Jaffna on 07 and 08 August 2026 at Cargills Square, Jaffna, from 8.30 a.m. to 7.00 p.m., with the objective of raising awareness of digital payment methods among government officials, the business community, and members of the public. Mr. Nagalingam…
The Sri Lanka Export Development Board (EDB), in partnership with the International Finance Corporation (IFC) and with the support of the European Union (EU) under the “Accelerating Climate Smart and Inclusive Infrastructure in South Asia (ACSIIS)” programme, has launched the third cohort of ExpoScaleUp, a flagship program tp designed to help Sri Lankan SMEs compete…
BBC – Donald Trump said the Strait of Hormuz would open “very soon” or Iran would be “hit very hard” as oil prices fell to a three-week low amid hopes of a deal. The US president was speaking to Fox News after Secretary of State Marco Rubio and Treasury Secretary Scott Bessent both said talks…
The government has taken steps to amend the Employees’ Provident Fund Act No. 15 of 1958 to enhance services provided to members and address challenges arising from current social, economic and technological changes. The Cabinet of Ministers has approved a proposal submitted by the Minister of Labour to instruct the Legal Draftsman to prepare a…
Asia Asset Finance PLC (AAF) has delivered an exceptional opening quarter for FY2026/27, recording strong growth across profitability, income, assets and shareholder returns for the three months ended 30 June 2026. Profit Before Tax surged 197.8% year-on-year to Rs. 877.9 million, compared with Rs. 294.8 million in the corresponding period of the previous year. Profit…
The Government of Sri Lanka has initiated plans to develop Delft Island into the country’s first Zero Emission eco-tourism destination, with a strong focus on sustainability, environmental conservatio n, and the preservation of its unique natural and cultural heritage. A special site inspection and stakeholder discussion on the proposed development was held under the leadership…
Analysis
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…
S&P Global Ratings affirmed its ‘CCC+/C’ long- and short-term sovereign credit ratings for Sri Lanka with a stable outlook, balancing a resilient economic recovery against heightened external uncertaintie. While the economy has demonstrated robust revenue growth and real GDP performance that exceeded expectations in early 2026, the sovereign’s creditworthiness remains vulnerable due to high debt levels…
Sri Lanka has been recognized as one of the world’s fastest-improving sovereigns for investor relations and debt transparency, according to the 2026 IIF Investor Relations and Debt Transparency Report. The Institute of International Finance (IIF) ranked the country fourth among the largest global improvers, a significant milestone as the government works to rebuild international confidence…
Video Story
