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Government to Prioritise Export Sector, Intervene to Overcome Challenges – President President Anura Kumara Dissanayake emphasised that the Government will take all necessary measures and intervene to the fullest extent to overcome the challenges currently facing the export sector, treating it as a national priority. The President made these remarks while attending a discussion with…
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Fitness First continues to strengthen its presence in Colombo’s growing fitness community through its Jaela branch, offering a supportive and welcoming environment for individuals seeking to improve their health and wellbeing. Known for its friendly atmosphere and professional approach to training, Fitness First Jaela provides members with access to experienced and approachable coaching staff who…
Sofia Colombo, a prominent hotel in Colombo, is pleased to announce that it has achieved the esteemed GSTC (Global Sustainable Tourism Council) accreditation, being the first establishment of its kind within the country. GSTC certification helps Sofia Colombo align with sustainability standards that encompass environmental, social responsibility, and economic viability. Control Union certification, an entity…
Sampath Bank PLC has been recognised as the Runner Up in the Banking Category at the ACCA Sustainability Reporting Awards 2025, held recently at Cinnamon Life, Colombo. The recognition was awarded for the Bank’s Integrated Annual Report 2024, reflecting its continued commitment to transparent, responsible and forward-looking sustainability reporting. Sampath Bank’s recognition was driven by…
At the recently concluded Architects Exhibition at the BMICH, SLIA (Sri Lanka Institute of Architects) teamed up with Foxygen to host a special day long forum – Foxygen Café, The Architects Room – with a vision for 2030 for the architecture and construction industry, under the theme “Sri Lanka Rising 2030”. Foxygen Café serves as…
HNB PLC has once again been recognised as Sri Lanka’s Best Retail Bank for the 16th time at the TAB Global Excellence in Retail Financial Services Awards 2026, The awards ceremony was held on 12 March 2026 in Shanghai, China, recognising financial institutions for excellence in retail banking and innovation. Today, HNB serves over 2…
Andre Fernando, Group Managing Director of MAC Group, has assumed duties as the Chairman of the Sri Lanka Logistics and Freight Forwarders Association (SLFFA) with effect from March 6, 2026. Andre Fernando, who previously served as Vice Chairman of SLFFA, brings more than three decades of experience in the logistics and supply chain industry to…
Citrus Leisure PLC marked a meaningful milestone with the establishment of the Citrus School of Hotel Management, celebrating its first batch of graduates at a ceremony held on Wednesday, 25 February 2026, at the Mandarin Shore Grand Ballroom of Citrus Waskaduwa. The School was launched as a Corporate Social Responsibility initiative to commemorate the 190th…
Serendib Flour Mills, dedicated to nourishing the nation, celebrated International Women’s Day 2026 by organising a special programme for the women of the organisation, recognising the valuable contribution of both its employees and third-party female support staff. The initiative brought together 57 women for a day centred on health, wellbeing and appreciation, reflecting the company’s…
DFCC Bank PLC (DFCC Bank), through its women-focused proposition DFCC Aloka, has partnered with Chrysalis to expand financial access, business capacity, and market opportunities for women-led micro, small, and medium enterprises across Sri Lanka. The collaboration brings together DFCC Bank’s financial expertise and enterprise support with Chrysalis’ extensive grassroots engagement with women entrepreneurs and community-based enterprise…
Melsta Hospitals – a reputed healthcare provider serving the Colombo and Gampaha districts and a fully owned subsidiary of Melstacorp PLC – has officially entered into a transformative partnership with the National Insurance Trust Fund (NITF) to provide enhanced medical benefits to beneficiaries of the Agrahara insurance scheme. This collaboration is a significant stride toward…
Top News
SriLankan Airlines Limited (the “Company“) and the Government of Sri Lanka (the “Government”) are pleased to announce the expiration of the Consent Solicitation, Exchange and Tender Offer related to the Company’s U.S.$175,000,000 Guaranteed Bonds due June 2024, guaranteed by the Government (the “Existing Bonds”). On 20 February 2026, the Company launched an official invitation to…
An International Monetary Fund (IMF) staff team is scheduled to visit Sri Lanka from March 23 to April 9, 2026, to conduct discussions with local authorities on the country’s reform programme. In a statement issued from Washington, D.C., IMF Mission Chief for Sri Lanka Evan Papageorgiou said the visit will focus on the combined fifth…
The Sri Lanka Banks’ Association (SLBA) has assured the public that banks will continue to operate on all five weekdays as an essential service, despite the temporary measures introduced to conserve fuel and energy resources. Accordingly, banks will remain open from Monday to Friday, including Wednesdays, with operations on Wednesdays limited to the hours of…
Deputy Minister of Finance Dr. Anil Jayantha Fernando announced that bondholders have agreed to restructure the USD 175 million bond issued by SriLankan Airlines. Addressing Parliament today (19), he said that 98% of lenders and 99% by value have consented to the restructuring. He emphasised that debt restructuring was critical to move beyond economic stabilisation,…
BBC – Oil prices rose above $110 (£82.78) a barrel after Iranian media reported an airstrike hitting a facility on the world’s largest natural gas field. The Brent crude oil benchmark hit $112 a barrel in early Thursday trade in Asia, more than 5% higher than Tuesday’s prices. The price has since fallen slightly. The benchmark…
Ambewela, the name conjures images of misty hill tops, rolling green meadows, pedigreed cows, state of the art, sophisticated barns, and milking parlours, and the purest milk available in the South Asian region. To test the accuracy of these claims, there have been large groups of industrialists, agriculturalists, and dairy experts from various European countries…
Sri Lanka’s stock market has suffered a significant setback, with over Rs. 1 trillion wiped off its value amid escalating tensions in the Middle East. The conflict began on February 28, 2026, when the United States and Israel launched attacks on Iran, triggering a wider regional crisis. The situation has not only destabilised the Middle…
A new feature has been added to the system starting today (March 19) to address the difficulties faced by the public when trying to obtain the QR code of a previously registered vehicle, especially in cases where the mobile phone number used for the original registration is no longer in use. In many instances, when…
Analysis
Sri Lanka’s stock market has suffered a significant setback, with over Rs. 1 trillion wiped off its value amid escalating tensions in the Middle East. The conflict began on February 28, 2026, when the United States and Israel launched attacks on Iran, triggering a wider regional crisis. The situation has not only destabilised the Middle…
By Felix Fernando, Chairman, Joint Apparel Association Forum (JAAF) Sri Lanka’s apparel industry has earned its place in the global market through consistency, trust, and a strong reputation for ethical manufacturing. Over many years, we have shown that Sri Lanka can deliver quality, compliance, and reliability at a level that global brands value. That foundation…
Sri Lanka’s economy recorded a 5.0% growth in 2025, with all key sectors contributing positively, according to the Department of Census and Statistics Sri Lanka. The country’s Gross Domestic Product (GDP) at constant prices increased to Rs. 13,128,577 million in 2025, up from Rs. 12,508,954 million in 2024. At current prices, GDP rose by 8.8%…
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