Category: Business and Economy

Finch Foods Showcases the Finest of Sri Lanka at Bandaranaike International Airport

Finch Foods has officially opened its premium travel retail outlet at Bandaranaike International Airport, marking a significant milestone in the company’s journey to build a globally recognized Sri Lankan food brand. Located within the Departure/Transit Duty Free area, the outlet has been designed to showcase the finest ingredients, flavours and gifting collections from Sri Lanka…

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Sri Lanka, China EXIM Bank discuss development cooperation, push to finalise Central Expressway Funding Agreement

A high-level delegation from the Export-Import Bank of China (China EXIM Bank) has reaffirmed its commitment to strengthening development cooperation with Sri Lanka during discussions with Deputy Minister of Finance and Planning Dr. Anil Jayantha Fernando, with both sides agreeing to expedite the amended financing agreement for a key section of the Central Expressway Project.…

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Next Capital Trust honoured as ‘Best Business Finance Service Provider’ at Iconic Awards Bangkok

Next Capital Trust Pvt., Ltd., was recognised as the ‘Best  Business Finance Service Provider’ at the Iconic Awards ceremony held in Bangkok, Thailand. Within a short period, Next Capital Trust expanded its operations across Sri Lanka, establishing 16 branches islandwide, including the Northern and Eastern Provinces. This award was presented in recognition of the company’s…

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SLAM Power Solutions and Ceyring (Pvt) Ltd Launch Sri Lanka’s First Industrial Battery Energy Storage System (BESS) Cabinet System Integrating with Solar Power

Marking a major milestone for sustainable energy supply for Industries, SLAM Power Solutions, in partnership with Ceyring (Pvt) Ltd, has officially commissioned Sri Lanka’s first industrial-scale Battery Energy Storage System (BESS) integrating with Solar Power at the Ceyring factory in Horana. The high-profile commissioning ceremony brought together key stakeholders from the Public Utilities Commission of…

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WB backs Sri Lanka’s reform agenda with US$ 150 Million

The World Bank’s Board of Executive Directors approved US$150 million in financing to support Sri Lanka’s reform agenda aimed at boosting investment, strengthening competitiveness, and creating jobs. The Sri Lanka Reforms for Growth, Resilience and Openness Development Policy Operation (REGROW DPO) is the first in a proposed series of three operations and builds on the…

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Sri Lanka Benelux Business Council and Ceylon Chamber of Commerce host Business Forum

The Sri Lanka Benelux Business Council, in association with the Ceylon Chamber of Commerce, hosted a Business Forum and B2B Networking Session at the Hilton Colombo Residence recently. The event brought together nineteen business delegates from Belgium and Luxembourg, creating a valuable platform for strengthening trade and investment ties between Sri Lanka and the Benelux…

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Development programme to promote women’s self-employment held in Palamunai

(Text and Picture by: I.L.M. RIZAN, Addalaichenai Central Correspondent) A livelihood development programme aimed at promoting women’s self-employment was recently implemented in the Palamunai area, under the Addalaichenai Divisional Secretariat Division, through the 2026 Decentralised Budget allocation of Digamadulla District Member of Parliament M.S. Uthumalebbe. As part of the initiative to strengthen the rural economy,…

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Zydus, Sunshine Healthcare launch $20 Mn JV to boost pharmaceutical manufacturing in SL

Global pharmaceutical company Zydus Lifesciences and Sunshine Healthcare have announced a strategic joint venture (JV) to establish a pharmaceutical manufacturing facility in Sri Lanka with an investment exceeding US$20 million. The new joint venture, named Zydus Sunshine Lifesciences Pvt Ltd., will develop the manufacturing plant at the Board of Investment (BOI) zone in Horana. The…

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Sri Lanka’s first plastic alternatives centre boosts artisan livelihoods in Sigiriya

Sri Lanka’s first Plastic Alternatives and Craft Experience Centre, established by the ZeroPlastic Movement near Sigiriya, has completed its first tourism season, demonstrating how sustainable tourism can create new income opportunities for traditional artisans while promoting environmental conservation. Located at Rotawewa on the Sigiriya Road, the centre offers visitors a hands-on experience rather than a…

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iPay participate at LankaQR Awareness Programme in Trincomalee

Reinforcing its commitment to advancing Sri Lanka’s digital economy, iPay participated in the LankaQR Awareness Programme conducted by the Central Bank of Sri Lanka on June 5-6, in Trincomalee, supporting efforts to accelerate digital payment adoption among businesses operating within the country’s growing eastern tourism belt. The programme focused on strengthening awareness and acceptance of…

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