Category: Business and Economy

Trade, Commerce, Food Security and Co-operative Development Minister Wasantha Samarasinghe last Tuesday urged Sri Lanka and the Maldives to strengthen their economic partnership by expanding cooperation beyond traditional trade, highlighting significant untapped potential for closer collaboration between the two Indian Ocean neighbours. Addressing the 18th Annual General Meeting of the Sri Lanka–Maldives Business Council in…

SriLankan Airlines has strengthened its regional connectivity through a new interline agreement with Island Aviation Services, operating as Maldivian (Q2). This agreement enables SriLankan Airlines passengers to seamlessly access 17 popular domestic destinations across the Maldives. The arrangement is designed to enhance travel convenience by allowing passengers to book journeys involving both carriers under a…

The Ministry of Finance, Planning and Economic Development has introduced two new digital initiatives aimed at improving efficiency, transparency and productivity within the public service as part of the Government’s ongoing digital transformation agenda. An awareness programme on a new online document management system was held on 28 July at the Ministry’s Auditorium to familiarize…

The Consulate General of Sri Lanka in Nicosia organised a Community Outreach programme for the Sri Lankan migrant community on Sunday (26), marking the first anniversary of the Mission’s establishment and providing an opportunity to raise awareness among the community on a range of Consular, Employment, and Welfare-related matters. The Consulate General was established in…

The Government’s proposed 500 Tea Villages project will play a key role in strengthening Sri Lanka’s tourism industry while increasing tea export earnings, Deputy Minister of Tourism Prof. Ruwan Ranasinghe said at the inauguration of Hotel Show Colombo 2026 at the BMICH. Addressing the opening ceremony of the country’s premier hospitality exhibition yesterday, Prof. Ranasinghe…

The National Chamber of Commerce of Sri Lanka (NCCSL) will host the National Business Excellence Awards (NBEA) 2026 today (28) at the Shangri-La Colombo, commencing at 5 p.m. Celebrating its 21st consecutive year, the NBEA recognises and rewards outstanding business achievements. Over the years, the awards have honored companies that demonstrate excellence in business and…

The Sri Lanka Association of Manufacturers and Exporters of Rubber Products (SLAMERP) has welcomed the decision by the Office of the United States Trade Representative (USTR) to subject Sri Lanka to a 10% tariff under the recently concluded Section 301 investigations, describing it as a major boost for the country’s rubber products export sector. SLAMERP…

Recognising the importance of maintaining quality healthcare facilities for children, the Sampath Bank Employees’ Union, together with the Bank’s Sustainability Unit, marked the Union’s 35th anniversary by supporting a series of essential upgrades at the Lady Ridgeway Hospital for Children, Colombo. As Sri Lanka’s national referral centre and largest free paediatric hospital, Lady Ridgeway Hospital…

CSE Clear (Private) Limited, Sri Lanka’s first Central Counterparty (CCP), yesterday marked its first anniversary, completing a landmark year in strengthening the country’s capital market infrastructure through enhanced clearing, settlement efficiency and risk management. A wholly owned subsidiary of the Colombo Stock Exchange (CSE), CSE Clear was established to mitigate counterparty risk by acting as…

A total of 138,730 tourists have arrived in the country thus far in the month of July, data from the Sri Lanka Tourism Development Authority (SLTDA) shows. According to data released by the SLTDA, a total of 31,734 tourists have arrived from India which accounts to 23.0%. Furthermore, 14,949 persons from the United Kingdom, 8,484…