Category: Business and Economy

Toyota Lanka continues to shape the future of automotive ownership in Sri Lanka through a commitment to excellence, innovation, and customer care. Yet, our story has never been defined solely by vehicles. It has been shaped by the people who drive them, the families who rely on them, and the trust that has connected generations…

The Sri Lanka Institute of Tourism and Hotel Management (SLITHM), the apex government institution for tourism and hospitality education operating under the Ministry of Foreign Affairs, Foreign Employment and Tourism, marked a significant milestone on June 8, with the signing of a Memorandum of Understanding (MoU) with the Central Academy of Culture and Tourism Administration…

Sri Lanka has reaffirmed its commitment to promoting decent work, strengthening labour rights, and enhancing social protection during the 114th Session of the International Labour Conference currently underway in Geneva, Switzerland. Minister of Labour and Deputy Minister of Finance and Planning Dr. Anil Jayantha Fernando, who is attending the conference from June 1 to 12,…

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…