Category: Business and Economy

Pan Asia Bank recently paid tribute to the loyalty and dedication of its long-serving employees at a special recognition event organised by the Bank’s Human Resources Division.The event was graced by the Chairman of Pan Asia Bank Aravinda Perera, the Director/CEO Naleen Edirisinghe and the Corporate Management members.The occasion celebrated individuals who played a pivotal…

Q :How would you assess Sri Lanka’s economic recovery after the Ditwah? What has been the most pressing challenge in the aftermath? A: Sri Lanka’s recovery after the Ditwah has been gradual but increasingly visible, characterized by improvements in macroeconomic stability, a noticeable easing of inflationary pressures, and the gradual restoration of essential supply chains…

Sri Lanka has long been an outlier in the extent to which it grants tax concessions, former Chief Economic Adviser to the Government of India Arvind Subramanian said, warning that such policies lay at the heart of the country’s persistent fiscal and macroeconomic troubles. Speaking on the sidelines of The Examiner’s book talk, A Sixth…

Sri Lanka is set to make a remarkable presence at Gulfood 2026, one of the world’s largest and most prestigious food and beverage exhibitions, organized by the Sri Lanka Export Development Board (SLEDB). With its participation, the island nation aims to showcase its rich food ingredients, premium-quality products, and dynamic export potential on a truly…

A total of 223,645 tourists have arrived in the country thus far in 2026, data from the Sri Lanka Tourism Development Authority (SLTDA) shows. According to data released by the SLTDA, a total of 41,603 tourists have arrived from India which accounts to 19.0%. Furthermore, 23,329 persons from the United Kingdom, 22,876 from Russia, 14,431…

The Sri Lanka Association for Software and Services Companies (SLASSCOM) is accelerating Sri Lanka’s startup ecosystem by giving 25 high-potential local startups unprecedented global exposure through a fully funded, six-week international residential entrepreneurship programme at IIT Madras Pravartak, India. Supported by the High Commission of India in Sri Lanka and delivered in partnership with one…

Sri Lanka’s exports of apparel and made-up textile articles (HS Chapters 61, 62 and 63) rose to US$447.21 million in December 2025, up 5.43% from US$424.18 million in December 2024, according to industry export statistics. Growth was recorded across the three main destination markets. Exports to the USA increased 6.49% year-on-year to US$178.29 million (from…

JXG (Janashakthi Group) hosted ‘Listening Led Leadership’ a programme designed to reinforce the organisation’s commitment to strengthening its empathy-led workplace. The programme was hosted recently at Radisson Hotel – Colombo, bringing together leadership and management teams across JXG for an immersive learning experience aimed at strengthening its leadership’s empathetic capabilities to better respond to their…

Union Bank Horana Branch relocated to a new and spacious premises at No. 99A1/A, Somananda Mawatha, Horana, further strengthening its presence in the Horana area whilst offering an enhanced banking experience to customers. The new premises offers an all-new private banking space for Elite Circle members, meeting/conference facilities for customers and the luxury of ample…

As transparency becomes a defining requirement among European buyers, Mabroc Teas (Pvt) Ltd – a member of the Hayleys Group and one of Sri Lanka’s leading tea exporters – has launched TeaTrace, a data-driven traceability platform designed to meet evolving global standards in ethical and sustainable sourcing. Developed in collaboration with ITechro, the platform ensures…