Maritime trade and logistics: India-SL to expedite MoUs for KKS Port
A special discussion has been held to expedite the finalisation of the India-Sri Lanka Memoranda of Understanding (MoUs) planned for the development of the Kankesanthurai Port (KKS) with the assistance of the Indian Government. The discussion was held yesterday (3) at the Ministry premises under the leadership of Minister of Energy, Ports and Civil Aviation,…
Market liquidity: Crossings dominate 61.5% of August turnover
While the Colombo Stock Exchangeโs All Share Price Index (ASPI) demonstrated a broad-based recovery in August, with both key indices moving upwards, crossings made up 61.5% of the Rs 68.4 billion monthly turnover indicating thinner liquidity within the market, SenFin Securitiesโ Monthly Equity Report for August said. โActivity was concentrated, 95 crossings accounted for 61.5%…
Tourist arrivals top 190,000 in August
Sri Lanka welcomed 191,704 international tourists in August 2026, with India continuing to dominate the tourism market, according to the latest figures released by the Sri Lanka Tourism Development Authority (SLTDA). According to the SLTDA, India topped with 47,253 arrivals, representing around 25% of all tourists who visited Sri Lanka during the month, while The…
Peopleโs Bank Launches Landmark CSR Initiative to Reduce ElephantโTrain Collisions in Sri Lanka
Demonstrating its commitment to environmental sustainability and wildlife conservation, Peopleโs Bank has launched a pioneering Corporate Social Responsibility (CSR) initiative aimed at minimizing elephantโtrain collisions in Sri Lanka. The project, fully funded by Peopleโs Bank, is implemented in collaboration with Clean Sri Lanka, Sri Lanka Railways, the Department of Wildlife Conservation and the Department of…
Ratnapura to be transformed into major global gem trade hub
The Government is taking measures to increase Sri Lankaโs annual export revenue from the gem and jewellery industry to US$ 3 billion and transform Ratnapura into a major global gem trading hub, Deputy Minister of Industry Chathuranga Abeysinghe said. The Deputy Minister made these observations while participating in the Sri Lanka Gem and Jewellery Research Symposium 2026, held at…
EDB takes forward Creative Sri Lanka 2030
The Sri Lanka Export Development Board (EDB) recently announced that it is taking forward Creative Sri Lanka 2030, an ambitious national programme designed to turn the countryโs craft heritage into globally competitive, commercially viable and recognisable brands. The initiative builds on the foundations established during its earlier pilot phase and is now being expanded through…
Sri Lanka, Italy seek stronger trade and investment ties
Sri Lanka and Italy have explored new avenues to strengthen bilateral trade and investment, with particular emphasis on attracting Italian investment into emerging sectors of the Sri Lankan economy. Italian Ambassador to Sri Lanka Damiano Francovigh and Deputy Head of Mission Alberto Arcidiacono met Trade, Commerce, Food Security and Cooperative Development Minister Wasantha Samarasinghe on…
Delft Island awaits major tourism boost, seeks ADB assistance
Gets uninterrupted electricity, Rs 900 Mn new RO plant and Rs 235 Mn passenger craft The government was now taking several steps to construct infrastructure, uplift public transport, water supply, education, health and other important sectors in the Delft Island, P Prabhakaran, Divisional Secretary, Delft Island told the Asian Development Bank (ADB) and media team…
Sampath Bank participate at Wayamba Motor Show & Kedalla Trade Fair Kurunegala
Sampath Bank PLC participated at the Wayamba Motor Show & Kedalla Trade Fair Kurunegala 2026, reinforcing its commitment to enabling vehicle ownership and supporting Sri Lankaโs evolving mobility landscape. The two-day motor exhibition, organised by Elite Ventures Pvt Ltd, was held recently at Udawalpola Ground, Kurunegala and attracted over 100,000 visitors, drawing automobile enthusiasts, prospective…
Seylan Bank conducts SME Scale-Up Programme for farmers in Tissamaharama
Seylan Bank recently conducted an SME Scale-Up Programme for farmers in Tissamaharama, equipping participants with the financial management knowledge, business insights and banking solutions needed to strengthen and sustainably expand their agricultural enterprises. Held at Hotel Niwahana, the programme brought together nearly 200 farmers from across the Southern Province, providing a platform for participants to…