Category: Business and Economy

The Trade Finance Association of Bankers (TFAB) hosted its annual Public Seminar on June 20, at the Hilton Colombo Residences, drawing a large gathering of banking professionals, trade experts and corporate executives. Focused on the timely theme, ‘How Supply Chain Adapts to Disruptive Trade Corridors’, the seminar provided deep insights into navigating current global supply…

A Sri Lankan business delegation will be in Australia from 17 to 21 August to participate in two business forums.  These will be held from August 17 to 21 in Sydney and from August 24 to 27 in Melbourne. The event is organised by the  Sri Lanka-Australia-New Zealand  Business Council (SLANZBC) of the Ceylon Chamber…

The India–Sri Lanka Textile Trade Forum was organised on the sidelines of the Intex Sri Lanka 2026 by Worldex India, with the support of the High Commission of India, on 6 August 2026 at BMICH, Colombo.  Intex, the region’s premier international textile sourcing exhibition, witnessed strong participation from India, with over 80 Indian exhibitors, Export…

The Commercial Bank of Ceylon has officially opened the doors to a new season of artistic expression with the launch of ‘Arunalu Siththam 2026.’ This island-wide and international competition, which has become a staple in the creative calendar for Sri Lankan youth, invites children aged 4 to 16 to translate their imagination into art. By…

SriLankan Airlines has resumed direct flights between Colombo and Kuwait, with a six-weekly service commencing from Saturday (8), restoring an important air link between Sri Lanka and the Gulf region. Flight UL229 will operate from Colombo to Kuwait every Monday, Tuesday, Thursday, Friday, Saturday and Sunday, departing at 5.10 p.m. and arriving in Kuwait at…

The Colombo Stock Exchange (CSE) recorded a landmark trading session yesterday (06), with the daily turnover record surging past the Rs. 12 billion mark. By the close of trading, the market saw a total turnover of Rs. 12.23 billion. This represents the highest daily turnover recorded since January 8, 2026, when the market reached a…

Sri Lanka has taken a major step towards strengthening business confidence with the introduction of a modern commercial mediation framework aimed at providing businesses with a faster, confidential and internationally aligned mechanism to resolve disputes while preserving valuable commercial relationships. The milestone was marked by the inaugural Corporate Mediation Pledge Ceremony organised by the International…

The Department of Management Audit has launched a series of awareness programmes aimed at strengthening the role of internal audit in enhancing public financial management and improving transparency, accountability and efficiency across the public sector. The first phase of the programme was held on Wednesday (5) at the new auditorium of the Ministry of Finance,…

The Motor vehicle imports generated a massive Rs. 896.4 billion in customs taxes, highlighting the sector’s importance to government finances, the Ceylon Chamber of Commerce Motor Vehicle Industry Report 2025/26 said. The report further states with over 15 local vehicle assembly plants and policies mandating at least 20% domestic content, the industry is steadily shifting…

The Commercial Bank of Ceylon has opened a new season of creativity with the launch of ‘Arunalu Siththam 2026,’ inviting children to translate imagination into art in one of Sri Lanka’s most inclusive and far-reaching competitions for young talent. With entries closing September 15 2026, this much-loved island-wide and international competition calls on children aged…