Category: Business and Economy

Sri Lanka is set to strengthen its position as a global destination for precious gemstones with plans to establish what is being described as the world’s first Gem and Jewellery Tourist Village in Passara, Badulla. The proposed tourist village will be developed at Sapuroda, located between the Badulla–Ella tourism corridor and Badulla city, creating a…

The Sri Lanka–Canada Business Council of The Ceylon Chamber of Commerce recently convened its 35th Annual General Meeting (AGM) at the Ceylon Chamber of Commerce, bringing together Council members, office bearers and distinguished stakeholders to review the Council’s activities during the past year and set its direction for the year ahead. The AGM was attended…

SDB bank has been recognised as the Banking Sector Runner-Up at the National Business Excellence Awards, reaffirming its position as a purpose-driven financial institution committed to sustainable growth, responsible banking and meaningful social impact. Organised by the National Chamber of Commerce of Sri Lanka, the National Business Excellence Awards is one of the country’s most…

Citizens Development Business Finance PLC (CDB) reiterated its commitment to strengthening Sri Lanka’s small and medium enterprise (SME) sector with an SMB Capacity-Building Programme in Kandy. Held on August 3rd at the Divisional Secretariat Hall B, the programme was driven under CDB’s SMBPlus as part of CDB’s broader strategy to support entrepreneurs beyond conventional financial…

The Ceylon Motor Traders’ Association (CMTA), established in 1919 is the most senior automotive association in Sri Lanka affiliated with the Ceylon Chamber of Commerce, is calling for greater consistency, transparency and fairness in the policies governing the country’s automotive sector, stressing that a sustainable vehicle import framework must ensure a level playing field across…

Port City Colombo participated as Platinum Sponsor at the second edition of Sri Lanka Beyond Your Dreams, a landmark diplomatic and investment engagement hosted by the Consulate General of Sri Lanka in Dubai and the Northern Emirates at the Hilton Dubai Al Habtoor City on 2nd September 2026. The evening brought together over 400 senior…

Global furniture fittings leader marks 10 years of growth and partnership in Sri Lanka and unveils Blaupunkt built-in kitchen appliances. Hettich, the globally renowned German manufacturer of furniture fittings and architectural hardware known for its state-of-the-art manufacturing plants and magical interior solutions across the world celebrated a significant milestone in Sri Lanka, marking 10 years…

Sri Lanka’s Ceylon Tea exports have remained resilient despite about 85% of shipping routes being disrupted; with freight rates rising, and shipments forced to travel around the Cape of Good Hope, Tea Exporters Association (TEA) Chairperson for 2026/2027 Huzefa Akbarally said recently, according to a press release. Addressing the TEA’s 27 Annual General Meeting (AGM)…

The prevention of money laundering should not be regarded as the responsibility of banks alone, as lawyers, notaries, independent legal professionals and other designated non-financial businesses and professions DNFBPs also have a critical role to play, Central Bank Governor Dr. P. Nandalal Weerasinghe said. Addressing a conference organised by the Bar Association of Sri Lanka…

The Sri Lanka Export Development Board (EDB) and the University of Kelaniya have launched a new industry-academia collaboration aimed at strengthening Sri Lanka’s electronic and electrical exports through research, innovation and product diversification. The initiative, titled “Innovation Bridge 2026,” brought together exporters, manufacturers, academics and industry experts at a seminar and mini innovation exhibition held…