Category: Business and Economy

Minister Handunnetti urges Australian investors to join hands in SLโ€™s renaissance

The โ€˜Sri Lankan Entrepreneursโ€™ Night 2026โ€™ Entrepreneur and Investor Conference organized by the โ€˜Australia Sri Lanka Business Forumโ€™ (ASLBF) with the aim of strengthening economic, trade and investment relations between Sri Lanka and Australia in a new approach was held in Melbourne, Australia on August 15. Minister of Industry and Entrepreneurship Development Sunil Handunnetti, who…

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Peopleโ€™s Bank โ€˜YES Infinity 2026โ€™ uveils lifestyle banking benefits for youth

Peopleโ€™s Bank has marked International Youth Day 2026 by introducing a range of exclusive benefits under its โ€˜YES Infinity 2026โ€™programme, further strengthening its commitment to empowering Sri Lankaโ€™s youth with modern, convenient and rewarding  banking solutions. Designed to complement the dynamic lifestyles and aspirations of todayโ€™s young generation, YES Infinity 2026 offers a host of lifestyle and…

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ABC Trade & Investment – All-China Environment Federation Partner to Drive Sri Lankaโ€™s Green Infrastructure and Investment

Landmark agreement establishes strategic framework to channel Chinese technology, engineering expertise, and potential capital into local water and clean-energy projectsMoU to drive:โ— expanding entrepreneurship infrastructure investment and foreign technology accessโ— upgrading industrial environmental standards and technical capacityโ— long-term resource security and energy requirementsCOLOMBO, SRI LANKA 17th August 2026ABC Trade & Investments (Pvt) Ltd, a leading…

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Tourism recovery yet to reflect in NP margins

Though Sri Lankaโ€™s tourism sector has recovered its Covid-19 losses, with hotel operators seeing gross profit margins significantly improving, certain operatorsโ€™ net profitability margins are yet to recover, SenFin Securitiesโ€™ findings on the financial performance of the sample six operators, between the financial year of 2022 and 2026 shows. The advisory, commenting on the performance…

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ADB support for SL Upper Watershed Ecological Restoration Program

The Asian Development Bank (ADB) is supporting the Sri Lanka Upper Watershed Ecological Restoration Program (SUWERP) to strengthen institutions, mobilize sustainable financing and scale up ecological restoration, Shannon Cowlin, Country Director for Sri Lanka, ADB told the Serendipity Knowledge Program โ€˜Investing in Sri Lankaโ€™s Upper Watersheds: Unlocking Natural Capital for a Resilient Futureโ€™ held in…

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CA Sri Lankaโ€™s flagship National Conference returns this October with โ€œFUSION: Connecting Ideas Creating Impactโ€

As the boundaries between technology, business, leadership and governance continue to converge, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) will present its flagship 47th National Conference of Chartered Accountants from October 7 to 9, 2026 at the Monarch Imperial, Sri Jayewardenepura Kotte, under the theme โ€œFUSION: Connecting Ideas, Creating Impact.โ€ Announcing…

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SRI LANKAโ€™S PLATFORM FOR THE NEXT GENERATION OF GLOBAL BUSINESSES

By Haridhu Abeygoonaratne, Managing Director/COO โ€“ SimCentric /Vice Chair โ€“ SLASSCOM At first glance, it seems improbable that a company developing advanced military simulation technologies for organisations such as the US Marine Corps, the US Military Academy, the UK Ministry of Defence and armed forces across NATO and Commonwealth countries would have its engineering nerve…

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