Government to replace Information and Communication Technology Agency with โGovTechโ Institution
The government has decided to establish a โGovTechโ institution to replace the Information and Communication Technology Agency (ICTA) operating under the Ministry of Digital Economy to provide a more efficient digital technology service. The aim of this reform is to accelerate the digital transformation process in Sri Lanka and increase the technological efficiency of the…
SriLankan Airlines enhances Australia connectivity with 14 weekly flights
SriLankan Airlines is set to increase its weekly service between Colombo and Melbourne to ten flights, effective from August 2, with the addition of three more scheduled flights in response to growing demand and evolving market dynamics. The expansion reinforces the airlineโs commitment to strengthening its footprint in Australia, has been identified as one of…
Industry leaders recognised for supporting revival of industries affected by Ditwah
Ministry of Industry and Entrepreneurship Development and the Industrial Development Board (IDB) launched the first phase of the Industry Revival Facilitation Programme (IRFP), to assist industries affected by the Ditwah cyclone that struck Sri Lanka in late November 2025 on March 10, under the patronage of Deputy Minister of Industry and Entrepreneurship Development, Chathuranga Abeysinghe.…
Bottled water industry has huge potential to boost forex earnings
The convener of the Central Province Drinking Water Bottle Manufacturers Association, Sapumal Kumara, emphasizes the bottled water industry has a huge potential to boost as a foreign reserve generation industry. To reach this target it should find new foreign markets, where there is a scarcity of drinking water supply. However he empathised that some of…
Seylan Tikiri revives student savings centre at S. Thomasโ Preparatory School
Seylan Tikiri revived the Tikiri Student Savings Centre at S. Thomasโ Preparatory School during the recent Grade 1 enrolment day. On the same day, parents took an important first step towards their childrenโs future by opening Tikiri accounts, helping young minds learn the value of saving and smart money management from an early age. The…
LAUGFS Rubber shines with Gold at NCE Export Awards
LAUGFS Rubber has secured the Gold Award for the fifth consecutive year in the Extra-Large Category โ Rubber Tyres and Accessories Sector at the NCE Export Awards 2025, organised by The National Chamber of Exporters of Sri Lanka. This top-tier recognition celebrates the Companyโs exceptional performance in international trade, reflecting outstanding growth in export sales,…
Alliance Finance recognised at ACCA Sri Lanka sustainability reporting awards
Alliance Finance Company PLC (AFC) has been recognised as the Runner-up in the Other Financial Services Category at the ACCA Sri Lanka Sustainability Reporting Awards 2024/25. According to the official Judgesโ Report, AFCโs recognition was attributed to the issuance of Sri Lankaโs Green Bond and the dual listing of its Green Bond on the Luxembourg…
Global Airlines raise fares as Middle East conflict sends jet fuel prices soaring
Global airlines are beginning to raise ticket prices as the escalating Middle East conflict drives a sharp surge in oil and jet fuel costs, placing renewed pressure on the international aviation industry. Many airlines announced on Tuesday that it has increased fares across its network in response to soaring jet fuel prices, while warning that…
โLanka better prepared to deal with economic shocks nowโ
Sri Lanka is better prepared to deal with the economic shocks that may arise from the increase in oil prices in the global market today, compared to the severe financial crisis of 2022, says Central Bank Governor Dr. Nandalal Weerasinghe. โAs long as there is oil in the global market, Sri Lanka has the resources…
National Tax Day on April 2
The government has decided to celebrate the โNational Tax Dayโ on April 2 with great pride from this year onwards. Accordingly, it will be held on April 2nd, coinciding with the 94th anniversary of the Department of Inland Revenue, giving priority to all religious observances. The aim of the programme is to further develop it…