Lead Story
World Bank Group President Ajay Banga is scheduled to visit Sri Lanka on Wednesday, May 7, marking the first presidential visit by a World Bank chief to the island nation in nearly two decades. The visit, taking place at a pivotal moment in Sri Lanka’s economic recovery, follows an invitation extended by President Anura Kumara…
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In an exciting development for beauty enthusiasts and wellness seekers across the world, Swadeshi Industries recently launched for the world today, Whispering Island, a new beauty brand inspired by the timeless wisdom of Ayurveda and the cherished beauty rituals of Old Ceylon. This homegrown brand, deeply rooted in the island’s rich traditions, blends ancient practices…
Sri Lanka Insurance Corporation General Ltd. (SLICGL) and the Royal College Union (RCU) formalised a strategic partnership by signing a Memorandum of Understanding (MoU), marking a significant step towards community support. This notable partnership, signed on 9th April 2025, is designed to provide RCU members with exclusive insurance benefits, thereby strengthening SLICGL’s role as a…
OTTO Bathware, one of Sri Lanka’s most trusted names in bathroom fittings, has received Sri Lanka Standards (SLS) certification from the Sri Lanka Standards Institution (SLSI). This certification confirms that OTTO’s sanitaryware meets the highest national standards for safety, durability, and performance. With over 30 years of experience, OTTO Bathware operates under the ADI Group…
The Global Business Excellence Awards 2025, a prestigious hallmark of corporate achievement, was magnificently held on 6 April 2025 at the iconic BMICH Main Hall, Colombo. Organized by London Business Consultancy (UK) with full event management and execution led by Codezela Technologies, the ceremony reinforced the partnership between leading UK and Sri Lankan brands. Over…
At 99x, a leading technology company with a strong international presence, empowering employees to gain global exposure is a key priority. In today’s interconnected world, where working across borders and stepping beyond the traditional office setup have become game changers for professionals, 99x is committed to creating opportunities for its talent to thrive in the…
Federation of Information Technology (Guarantee) Ltd (FITIS) held its 8th Annual General Meeting on 30th April 2025 at the Hilton Colombo Residencies. During this Meeting the Members elected Dr Dayan Rajapaksa as the new Chairman of FITIS succeeding Mr Indika de Zoysa who completed his 2- year tenure as the Chairman. Addressing the AGM, the…
New Sponsorship Unveiled with Jersey Reveal in Kandy Swisstek Ceylon PLC, a leading name in fixing, finishing, and beautification in the construction industry, has proudly stepped onto the rugby field as the official sponsor of the Vidyartha College Kandy 1st XV Rugby Team for the 2025 season. The team recently debuted their new jerseys, featuring…
NDB Bank recently partnered with Bishop’s College, Colombo to launch an exclusive awareness initiative focused on promoting financial literacy among students aged 13 to 17 through its pioneering youth banking product, NDB Pixel. The engagement underscores NDB’s commitment to nurturing the next generation with the tools and knowledge necessary to thrive in an increasingly digital…
Students from The Overseas School of Colombo roll up their sleeves to revive degraded land near Sri Lanka’s most iconic rainforest, proving that action speaks louder than awareness. While many spent Valentine’s Day exchanging cards and candy, a group of young students from The Overseas School of Colombo (OSC) chose to show their love a…
HNB General Insurance (HNBGI) has been named the Most Awarded General Insurance Company 2024 in the prestigious LMD Most Awarded Companies in Sri Lanka rankings. This latest recognition solidifies the company’s position as a leader in the industry, underscoring its commitment to excellence, innovation, and customer-first service. Complementing its achievements, HNBGI recently received a significant…
Top News
Browns Investments PLC (BIL) announced that its subsidiary, Browns Power Holdings (Pvt) Ltd (BPH), has acquired a 100% equity stake in FLMC Plantations (Pvt) Ltd (FLMC) for a total consideration of LKR 4.8 billion. The transaction was executed on May 5, 2025, through a Share Sale and Purchase Agreement with Damro Manufacturing (Pvt) Limited and…
The Central Bank of Sri Lanka (CBSL) launched the Sustainable Finance Roadmap 2.0 on 05 May 2025 at the Atrium of CBSL, marking a key milestone in its continued efforts to foster a climate-resilient and socially inclusive financial system. Recognising the growing implications of climate-related risks on price stability and financial system stability, CBSL introduced…
At the invitation of His Excellency Luong Cuong, President of the Socialist Republic of Vietnam, President Anura Kumara Disanayake, who is currently on a state visit to Vietnam, extended an open invitation to Vietnam’s leading conglomerate, Vingroup, to explore investment opportunities in Sri Lanka’s real estate and tourism sectors. While congratulating the Vingroup for their…
Launched in 2003 by Skype Technologies in Luxembourg, Skype was among the earliest mainstream applications to leverage Voice over Internet Protocol (VoIP) NDTV – Long before Zoom meetings, WhatsApp calls, and Google Hangouts, there was Skype – a free platform allowing people across the globe to hear and see each other with just a computer…
The Asian Development Bank (ADB) announced plans to expand its support to long-term food and nutrition security in Asia and the Pacific by $26 billion, bringing its total funding for food security initiatives to $40 billion over 2022–2030. The assistance will fund a comprehensive program spanning the entire food production process—from farming and processing—to distribution…
From April 9th to 11th, 2025, Cinnamon Life, City of Dreams became the stage for DWP Privé, an exclusive gathering of the world’s most celebrated luxury wedding planners and suppliers. As the first edition of DWP Privé in Colombo, the event marked a milestone for Sri Lanka, showcasing its rise as a premier destination for…
A total of 174,608 tourists have arrived in the country in April 2025, data from the Sri Lanka Tourism Development Authority (SLTDA) shows. This is an increase of 17.3% in comparison to the numbers arrived in March 2024. Accordingly, the total number of tourist arrivals in the first four months of 2025 stands at 896,884….
Business confidence takes a nosedive leaving the recent record highs in the rearview mirror In a dramatic move on 2 April, US President Donald Trump imposed a 44 percent tariff on goods from Sri Lanka and many other countries (ranging from 10% to 90%) through an executive order, citing it as a reciprocal measure to…
Analysis
Business confidence takes a nosedive leaving the recent record highs in the rearview mirror In a dramatic move on 2 April, US President Donald Trump imposed a 44 percent tariff on goods from Sri Lanka and many other countries (ranging from 10% to 90%) through an executive order, citing it as a reciprocal measure to…
By Securities and Exchange Commission of Sri Lanka The Securities and Exchange Commission of Sri Lanka (SEC) in collaboration with the technical expertise sourced from the Asian Development Bank (ADB) has facilitated the Regulatory Framework for issuing and trading a suite of Environment, Social and Governance (ESG) related Bond products at the Colombo Stock Exchange (CSE)….
By Prof. Samitha Hettige After the attacks in Kashmir, Indo-Pakistan relations are discussed in length. 8 weeks before Sri Lanka signed many agreements with the visiting Indian PM, in February 2025 at a high level meeting in Beijing, China & Pakistan renewed their all weather strategic partnership known as a choice by history & by…
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