Category: Business and Economy

The Export Development Board (EDB) has stepped up efforts to expand Sri Lanka’s export base by strengthening the export readiness of small and medium-sized enterprises (SMEs) in the North Western Province through a series of export-oriented business clinics. The programmes, organised by the EDB’s North Western Provincial Office in collaboration with District and Divisional Secretariat…

The Government will step up efforts to channel domestic savings into productive investment through Sri Lanka’s capital market as the country moves from macroeconomic stabilisation towards a broader economic transformation, Deputy Minister of Finance and Planning Dr. Anil Jayantha Fernando said. Addressing a Colombo forum held under the theme “From Resilience to Sustainable Growth –…

DFCC  Bank further strengthened its regional development-finance relationships recently hosting representatives of Bhutan Development Bank Limited and the Asian Development Bank’s Bhutan Resident Mission for a five-day knowledge-sharing programme. The programme focused on inclusive finance, SME and MSME development, women-focused banking and sustainable funding. It enabled the participating institutions to exchange experiences, examine approaches that…

The MAXXIS Annual Awards Night, themed “MAXXIS Champions of Champions 2025”, was held on 23rd of October 2026 at 7:00 PM at the Shangri-La Ballroom, Shangri-La Hotel, Colombo, under the distinguished patronage of Mr. Kenny, Section Manager, MAXXIS International Taiwan. The Guest of Honour was Mr.Jimmy, Sales Representative, MAXXIS International Taiwan. The awards ceremony commenced…

Sri Lanka’s Central Bank is building foreign currency reserves without exerting any pressure on the rupee, Governor Nandalal Weerasinghe said. Sri Lanka’s Reserves have been growing at a slow pace and it has to build around US$8 billion by end of this year, as committed to the International Monetary Fund. The latest number shows reserves…

The Central Bank of Sri Lanka (CBSL) marked its 76th anniversary with a high-level oration on how artificial intelligence is reshaping central banking, held at the Central Bank Atrium on 23 October 2026. The oration was delivered by Shirin Hamid, Chief Information Officer and Director of the Information Technology Department at the International Monetary Fund…

The National Chamber of Exporters of Sri Lanka (NCE) reviewed sectoral issues, export-market requirements and overseas trade plans at its Council meeting on 20 October 2026. Held in partnership with Prime Group and Melwa at the Prime Marina Sales Suite in Port City, the meeting considered matters the Chamber is taking up with authorities. The…

The Ceylon Chamber of Commerce conducted a Business Promotion Mission to Jakarta, Indonesia, from 13 to 17 October 2026, to strengthen Sri Lanka–Indonesia business relations and explore opportunities for trade, investment and private sector collaboration. Led by  Sheamalee Wickramasingha, Chairman and Group Managing Director, CBL Group, the delegation comprised representatives from CBL Global Foods Limited,…

Business events have evolved far beyond simple knowledge-sharing gatherings to become powerful economic engines that shape destinations, catalyse infrastructure development, and transform local communities. During the Asia on the Global Stage: Attracting the Next Generation of Business Events panel discussion at ITB Asia, convention bureaus from Singapore, Sri Lanka, Perth, and Uganda discussed how the…

Sri Lanka’s export earnings rose 5.04% year-on-year to US$13.61 billion in the first nine months of 2026, supported by growth in merchandise and services exports, with electrical and electronic components, spices and processed food among the strongest-performing sectors. Total exports during January–September increased from US$12.96 billion in the corresponding period last year, according to the…