Category: Business and Economy

Sri Lanka’s total export earnings increased to USD 4,308.11 million in the first quarter of 2026, recording a growth of 1.59% compared to the same period in 2025, the Export Development Board said. Although export earnings in March were recorded at USD 1,467.31 million, it has decreased by 5.2 % compared to March last year.…

The Sri Lanka–Korea Business Council of the Ceylon Chamber of Commerce recently hosted an awareness session titled “Doing Business with South Korea”, bringing together key stakeholders to explore opportunities for strengthening bilateral trade and investment relations between Sri Lanka and the Republic of Korea. The event was graced by Miyon Lee, Ambassador of the Republic…

In a bid to attract high-end travellers to the country and help increase tourism receipts, the Sri Lanka Tourism Club (SLTC) has launched a major international promotional drive, bringing in global media partners to support it. The mentor behind the project, Dr. Prabath Ukkwatte, Co-founder of the SLTC, said the organisation has been in existence…

LOLC Finance PLC, one of Sri Lanka’s largest Non-Banking Financial Institution (NBFI), has reaffirmed its leadership in digital financial services, with its flagship platform iPay securing the Gold Award for Overall Excellence in Digital Payments for the seventh consecutive year at the LankaPayTechnnovation Awards 2026. The awards ceremony was held on March 24, at Cinnamon…

HNB PLC, one of Sri Lanka’s most customer centric Bank welcomed the Sinhala and Tamil New Year with HNB ‘Singithi Jumbo’ to revive the nation’s savings culture. Coal company documents The HNB ‘Singithi Jumbo’ campaign will run throughout April and May, a period when families traditionally visit relatives, exchange gifts and begin the New Year…

Lütfü Turgut, Ambassador of the Republic of Türkiye to Sri Lanka, emphasised the importance of strengthening bilateral trade relations. He highlighted opportunities for Sri Lankan exporters in several sectors while also pointing to collaboration opportunities, especially given the growing importance of governance and ethical trade standards, particularly for exporters seeking integration into global supply chains,…

Sri Lanka’s debt restructuring process is nearing completion, with significant progress recorded across negotiations and implementation, according to the latest 6th Co-Chairs Progress Report released by the Global Sovereign Debt Roundtable (GSDR) recently. The report states Sri Lanka’s debt restructuring is also nearly complete. Signature of bilateral agreements is well advanced while not yet fully…

The Insurance Regulatory Commission of Sri Lanka (IRCSL), in partnership with the Insurance Association of Sri Lanka (IASL), unveiled Sri Lanka’s Insurance Industry Development Roadmap yesterday (21) in Colombo, with the participation of Ananda Wijepala, Minister of Public Security and Parliamentary Affairs, attended the event as Chief Guest. The Roadmap is expected to serve as…

Chathuranga Abeysinghe, Deputy Minister of Industry and Entrepreneurship Development, outlined the Government’s utmost priority of maintaining stability in energy supply to ensure uninterrupted industrial activity addressing the National Chamber of Exporters of Sri Lanka (NCE)  40th Anniversary held in Colombo recently. He also focused on the need to strengthen Sri Lanka’s supply chains. “We can…

Classic Travel has been appointed as the Official Travel Partner for Royal College Colombo’s Rugby Team for 2026, reinforcing its growing commitment to supporting and uplifting sports in Sri Lanka. This partnership marks another step in Classic Travel’s efforts to actively contribute to the development of local sports, backing one of the country’s most prestigious…