Category: Business and Economy

The Sri Lanka Association for Software and Services Companies (SLASSCOM) is accelerating Sri Lanka’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…

Sri Lanka’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…

JXG (Janashakthi Group) hosted ‘Listening Led Leadership’ a programme designed to reinforce the organisation’s commitment to strengthening its empathy-led workplace. The programme was hosted recently at Radisson Hotel – Colombo, bringing together leadership and management teams across JXG for an immersive learning experience aimed at strengthening its leadership’s empathetic capabilities to better respond to their…

Union Bank Horana Branch relocated to a new and spacious premises at No. 99A1/A, Somananda Mawatha, Horana, further strengthening its presence in the Horana area whilst offering an enhanced banking experience to customers. The new premises offers an all-new private banking space for Elite Circle members, meeting/conference facilities for customers and the luxury of ample…

As transparency becomes a defining requirement among European buyers, Mabroc Teas (Pvt) Ltd – a member of the Hayleys Group and one of Sri Lanka’s leading tea exporters – has launched TeaTrace, a data-driven traceability platform designed to meet evolving global standards in ethical and sustainable sourcing. Developed in collaboration with ITechro, the platform ensures…

The world of healthcare is evolving faster than ever before, with breakthroughs reshaping how we prevent, diagnose, and treat disease. Just recently, researchers made global headlines for developing “skin in a syringe,” injectable skin cells engineered to regenerate damaged tissue, offering hope for burn victims and patients with chronic wounds. Elsewhere, scientists are harnessing gene…

The Colombo Academy of Hospitality Management (Pvt) Ltd. (CAHM), Sri Lanka’s leading private hospitality and culinary training institute located at the SLIIT main Campus Malabe, has officially launched the CAHM 7-Star Junior Chef Competition – Season 01. The competition, aimed at nurturing the next generation of culinary professionals, is proudly supported by Serendib Flour Mills (Pvt) Ltd,…

Ninewells Hospital has opened Ninewells Eye, a state-of-the-art eye clinic aimed at enhancing access to advanced ophthalmic care. DIMO Healthcare has equipped Ninewells Eye, the newly established eye clinic at Ninewells Hospital, with a comprehensive range of advanced ophthalmic technologies from ZEISS, bringing globally recognised eye-care solutions to the Sri Lankan healthcare sector. As the…

Sri Lanka captured global attention at the AsiaBerlin Summit 2025, showcasing the country’s expanding innovation and startup potential. Through a dynamic delegation of tech companies and high-level networking, the country demonstrated the strength, adaptability, and entrepreneurial spirit driving its digital economy. The Summit provided a platform to position Sri Lanka’s innovation ecosystem and build meaningful…

As global consumers increasingly focus on nutrition, health and wellbeing with a back-to-basics approach of consuming minimally processed food, this Veganuary – Emirates confirms new concepts are in development to celebrate real, whole, and farm-to-fork plant foods. The current development project sees a team of chefs create dishes that feel authentic, vibrant and rooted in…