Category: Business and Economy

Sri Lanka and Japan have reaffirmed their commitment to strengthening bilateral economic relations through structured engagement aimed at improving the investment climate and addressing investor concerns. The Board of Investment (BOI) of Sri Lanka convened the Fourth Working-Level Meeting of the Japan–Sri Lanka Committee on Business Environment on June 2 in Colombo in collaboration with…

Citizens Development Business Finance PLC (CDB) signed a Memorandum of Understanding (MoU) with Micro Cars Ltd to introduce exclusive financial solutions customized specifically for Micro vehicles. This partnership is designed to enhance accessibility and convenience via customised financial solutions, flexible repayment tenors and exclusive insurance benefits through a simplified financing process for both personal and…

Dialog Axiata PLC, one of Sri Lanka’s leading telecommunications service provider, has signed an agreement with Realty Management Services (Pvt) Ltd (RMS) to manage soft services at its head office and other key locations across the Colombo Metropolitan area. This marks the first time Dialog has outsourced its facility management services to a third-party service…

Siyapatha Finance PLC has appointed Deshal de Mel and Nishani De Zoysa as Independent Non-Executive Directors to its Board with effective from May 18. Deshal de Mel is a distinguished Sri Lankan economist and corporate professional with extensive experience in economic policy, financial markets and corporate governance. He has served as an Independent Non-Executive Director…

Allianz Insurance Lanka Ltd., one of Sri Lanka’s leading insurers and a member of the global Allianz SE Group, has entered the next phase of its strategic partnership with Dedigama Group (Private) Limited, reaffirming its commitment to customer convenience, accessibility and choice. Following the signing of a Memorandum of Understanding (MoU) on March 12, dedicated…

Celeste, one of Sri Lanka’s fastest growing lifestyle and quick commerce brands, has announced a landmark step in its evolution with the appointment of veteran corporate leader Roshanie J. Moraes and a strategic transition toward a strengthened corporate governance structure. Since its inception six years ago, Celeste has built a strong reputation through its commitment…

The Sri Lanka Export Development Board (EDB), in collaboration with the Asian Development Bank (ADB), has successfully formulated the National Export Development Plan (NEDP) for the period 2026-2030, aimed at accelerating the country’s export-led economic growth. The plan, developed in line with the Government’s national vision, “Rich Country – Beautiful Life,” is expected to provide…

* The second phase of the acrylic binder plant expansion was completed, increasing capacity by 76%* Local sales increased by 12%, supported by the EV charger business and decorative paints segment* Gross profit increased by 21% year-on-year JAT Holdings PLC recorded its highest-ever annual revenue in FY25/26, with performance reflecting the continued strength of its…

Sri Lanka today is emerging from several crises which have challenged its modern history. The economic crisis, Ditwah and international challenges in the Strait of Hormuz. On all these issues, France has been alongside the Government of Sri Lanka, and stay, remain committed to the Government of Sri Lanka, Rémi Lambert,  Ambassador of France to…

The 31st National Bartenders Competition (NBC) 2026 has concluded all six regional rounds, reaffirming its position as Sri Lanka’s premier platform for bartending excellence, professional development and hospitality industry advancement. Organised by the Sri Lanka Hospitality Graduates Association (SLHGA) in collaboration with the Sri Lanka Institute of Tourism & Hotel Management (SLITHM), and supported by…