Category: Business and Economy

Australia’s Market Development Facility (MDF), in collaboration with Thema Collection, is set to bring together Sri Lankan tourism stakeholders to promote sustainable and wellness tourism as key drivers of the country’s future tourism growth. The industry dialogue, titled “Positioning Sri Lanka as a Sustainable & Wellness Destination,” will be held on August 21 from 2…

Sri Lanka has recorded a number of 113,307 tourist arrivals during the first 16 days of August, bringing the country’s total tourist arrivals to 1,456,725, between 1 January to 16 August 2026, according to the latest figures released by the Sri Lanka Tourism Development Authority (SLTDA). India topped as the leading source of tourists during the…

Sri Lanka has launched an interim global digital media and public relations campaign to strengthen its presence in key international tourism markets, beginning with Australia as the first priority destination. Deputy Minister of Tourism Prof. Ruwan Ranasinghe said the initiative marks a major shift from traditional business-to-business promotion towards a broader, consumer-focused global campaign aimed…

Sri Lanka is launching a new digital and PR tourism campaign aimed at increasing arrivals, boosting revenue, extending visitor stays and spreading benefits across the country. Sri Lanka Tourism Promotion Bureau (SLTPB) Chairman Buddhika Hewawasam said the initiative under the theme “Sri Lanka in a New Light” focuses on four goals: higher arrivals, increased earnings,…

The  Government of Sri Lanka and the Asian Development Bank (ADB) have officially signed a special loan agreement of US$ 200 million to be provided by the ADB to rebuild the damage caused by Cyclone Ditva that recently hit the country and to improve the livelihoods of the affected people. The loan agreement was signed on the…

Toyota Lanka (Pvt) Ltd, the nation’s most trusted mobility and logistics solutions provider, continues to strengthen its presence across Sri Lanka by expanding its branch network and bringing Toyota’s trusted products and services closer to communities. With a strong focus on Quality, Durability, Reliability and Safety, Toyota Lanka remains committed to delivering dependable mobility solutions…

According to the latest reports released by the Central Bank of Sri Lanka, the Land Valuation Index (LVI) compiled for the Colombo District has grown at a moderate pace of 5.9 percent in the first half of 2026 compared to the first half of 2025. It is noteworthy that all three sub-indices of the Land…

The newly established Colombo representative office of the Bucharest Chamber of Commerce and Industry (CCIB) could play an important role in strengthening economic, tourism and investment ties between Sri Lanka and Romania, Deputy Minister of Tourism Prof. Ruwan Ranasinghe said. Addressing the opening ceremony in Colombo yesterday (18), Prof. Ranasinghe said Romania had emerged as…

* PAT grows by 25% in H1 to surpass LKR 1 Bn for the first time* Q2 PAT up by 33% On the Bank’s top-line performance, Net Financing Income grew YoY by 16% during H1 2026 to reach LKR 4.4 billion, supported by a steady financing margin of 4.3%. For the quarter ended 30 June,…

Sampath Bank recently entered into a strategic partnership with GV Auto by Gavinro International (Pvt) Ltd., expanding access to electric vehicle ownership through exclusive financing benefits for customers. Formalised through the signing of a Memorandum of Understanding (MoU) at Sampath Bank’s Head Office, the collaboration enables customers to enjoy a preferential interest rate with a…