Category: Business and Economy

The Sri Lanka Export Development Board (EDB) has stepped up efforts to strengthen the export readiness of local jewellery manufacturers, with a team led by EDB Chairman Mangala Wijesinghe conducting an observation visit to Ashadi Jewellers (Pvt) Ltd. Established in 1988, Ashadi Jewellers has grown into a major handmade jewellery manufacturer, employing around 330 people. The company…

The Sri Lanka – China Business Council (SLCHBC) of The Ceylon Chamber of Commerce held its 25th Annual General Meeting recently, marking a quarter-century of partnership and reaffirming its commitment to strengthening bilateral economic cooperation with China. Outgoing President of the SLCHBC Haroun Cader delivered his farewell address after two years at the helm of…

Seylan Bank has launched its latest Seylan Cards Redeem & Win promotion, giving Seylan Cardholders another reason to make the most of their accumulated reward points. The promotion will be running from July 1 to August 31, 2026, the campaign offers Seylan Cards Rewards Programme members the opportunity to win two return air tickets to…

The Ceylon Chamber of Commerce and the Maldives Business Chamber have entered into a Memorandum of Understanding (MoU) that will create new opportunities for businesses in Sri Lanka and the Maldives to expand trade, investment and commercial partnerships. The signing took place in the presence of Wasantha Samarasinghe, Minister of Trade, Commerce, Food Security and…

Expo Visa Services (EVS) has been recognised with two prestigious accolades at the National Business Excellence Awards (NBEA) 2026, organised by the National Chamber of Commerce of Sri Lanka (NCCSL). The company was named Runner-Up in the Travel, Visa and Immigration Sector and First Runner-Up in the Small Category, recognising its commitment to business excellence, innovation, and service quality. The dual…

Power Solutions officially commissioned a state-of-the-art microgrid system at the Faculty of Engineering, University of Peradeniya. The initiative addresses long-standing grid instability concerns, providing uninterrupted power for the faculty’s computer laboratories and high-demand artificial intelligence (AI) servers. Conventional backup UPS systems provided only a few minutes of power during grid outages, while traditional diesel generators…

Sri Lanka is stepping up efforts to expand its gem and jewellery exports to India through a high-level business delegation aimed at strengthening bilateral trade, investment and industry partnerships. Organised by the Sri Lanka Export Development Board (EDB), with the support of the Sri Lankan High Commission in New Delhi and Consulate in Mumbai, the…

The National SME Forum organised by The Ceylon Chamber of Commerce brought Sri Lanka’s SMEs and the wider  business ecosystem together to connect businesses with markets, finance, expertise and support for growth. The Forum focused on supporting SMEs by addressing the issues that directly influence an SME’s ability to expand, including market access, procurement, standards and certification,…

The Colombo Bourse ended lower today, with the ASPI declining 15 points to close at 21,403, while the S&P SL20 edged down 2 points to 5,983. After trading positively during the session, the market reversed course amid profit-taking following the recent gains. Low participation from both HNW and retail investors also contributed to the subdued…

To strengthen Lanka’s future workforce NDB Bank recently entered into a Memorandum of Understanding (MoU) with the Faculty of Business, University of Moratuwa, further strengthening its commitment to nurturing Sri Lanka’s future workforce through meaningful industry-academia collaboration. The collaboration is designed to bridge the gap between academic learning and industry practice by providing students with…