Category: Business and Economy

Hayleys Agriculture Showcases Innovative Agricultural Technology at Jaffna International Trade Fair 2026

Hayleys Agriculture Holdings Limited reaffirmed its commitment to transforming the Sri Lankan agriculture industry at the Jaffna International Trade Fair 2026, which was held from 23rd to 25th January at the Muttraweli Grounds in Jaffna. The companyโ€™s presence at the exhibition underscored its focus on bringing modern agricultural technology and value-added agricultural products closer to…

By Off

Chokolaate Opens Designer Call-Out for the Iconic MDFD Fashion Competition

Chokolaate, Sri Lankaโ€™s leading youth-centric media platform, announced the official call-out for designers to participate in the much-anticipated Mother-Daughter Fashion Designer (MDFD) contest. Now in its 16th year, MDFD continues its legacy as one of the islandโ€™s most influential creative platforms for emerging fashion talent. Organised annually by Chokolaate Magazine โ€” founded in 2006 with the mission…

By Off

Pan Asia Bank felicitates longstanding employees at special appreciation event

Pan Asia Bank recently paid tribute to the loyalty and dedication of its long-serving employees at a special recognition event organised by the Bankโ€™s Human Resources Division.The event was graced by the Chairman of Pan Asia Bank Aravinda Perera, the Director/CEO Naleen Edirisinghe and the Corporate Management members.The occasion celebrated individuals who played a pivotal…

By Off

Long-term structural reforms critical to ensure sustainable, inclusive and resilient economic growth

Q :How would you assess Sri Lankaโ€™s economic recovery after the Ditwah? What has been the most pressing challenge in the aftermath? A: Sri Lankaโ€™s recovery after the Ditwah has been gradual but increasingly visible, characterized by improvements in macroeconomic stability, a noticeable easing of inflationary pressures, and the gradual restoration of essential supply chains…

By Off

Tourist arrivals in 2026 top 223,000

A total of 223,645 tourists have arrived in the country thus far in 2026, data from the Sri Lanka Tourism Development Authority (SLTDA) shows. According to data released by the SLTDA, a total of 41,603 tourists have arrived from India which accounts to 19.0%. Furthermore, 23,329 persons from the United Kingdom, 22,876 from Russia, 14,431…

By Off

SLASSCOM Propels 25 Sri Lankan Startups onto the Global Stage

The Sri Lanka Association for Software and Services Companies (SLASSCOM) is accelerating Sri Lankaโ€™s startup ecosystem by giving 25 high-potential local startups unprecedented global exposure through a fully funded, six-week international residential entrepreneurship programme at IIT Madras Pravartak, India. Supported by the High Commission of India in Sri Lanka and delivered in partnership with one…

By Off

Sri Lankaโ€™s apparel exports grow 5.4% in December 2025; full-year exports top USD 5 billion

Sri Lankaโ€™s exports of apparel and made-up textile articles (HS Chapters 61, 62 and 63) rose to US$447.21 million in December 2025, up 5.43% from US$424.18 million in December 2024, according to industry export statistics. Growth was recorded across the three main destination markets. Exports to the USA increased 6.49% year-on-year to US$178.29 million (from…

By Off