Category: Business and Economy

Cap Snap Lanka Pvt. Ltd., a member of the CSL Group, has received six internationally recognised certifications, including the Food Safety System Certification (FSSC 22000), at a ceremony held recently in Colombo. The achievement is particularly noteworthy as all six certifications were secured within just six months, reflecting the company’s strong commitment to quality, safety,…

As the global automotive industry advances toward electrification, the need for specialized technical expertise and trusted aftersales support has become progressively critical. Against this evolving backdrop, DIMO, the authorized general distributor for Mercedes-Benz, continues to strengthen its commitment to delivering world-class ownership experiences in Sri Lanka through the recently held Mercedes-Benz Flying Doctor Service Clinic…

E. B. Creasy & Co., PLC – BIC & DENTA Factory, a leading manufacturer of personal care products in Sri Lanka, was recently honoured with the Platinum Award at the Responsible Care Excellence Awards 2025. Marking a significant milestone, E. B. Creasy & Co., PLC – BIC & DENTA Factory emerged as the only Platinum…

Sri Lanka’s total export earnings increased to USD 4,308.11 million in the first quarter of 2026, recording a growth of 1.59% compared to the same period in 2025, the Export Development Board said. Although export earnings in March were recorded at USD 1,467.31 million, it has decreased by 5.2 % compared to March last year.…

The Sri Lanka–Korea Business Council of the Ceylon Chamber of Commerce recently hosted an awareness session titled “Doing Business with South Korea”, bringing together key stakeholders to explore opportunities for strengthening bilateral trade and investment relations between Sri Lanka and the Republic of Korea. The event was graced by Miyon Lee, Ambassador of the Republic…

In a bid to attract high-end travellers to the country and help increase tourism receipts, the Sri Lanka Tourism Club (SLTC) has launched a major international promotional drive, bringing in global media partners to support it. The mentor behind the project, Dr. Prabath Ukkwatte, Co-founder of the SLTC, said the organisation has been in existence…

LOLC Finance PLC, one of Sri Lanka’s largest Non-Banking Financial Institution (NBFI), has reaffirmed its leadership in digital financial services, with its flagship platform iPay securing the Gold Award for Overall Excellence in Digital Payments for the seventh consecutive year at the LankaPayTechnnovation Awards 2026. The awards ceremony was held on March 24, at Cinnamon…

HNB PLC, one of Sri Lanka’s most customer centric Bank welcomed the Sinhala and Tamil New Year with HNB ‘Singithi Jumbo’ to revive the nation’s savings culture. Coal company documents The HNB ‘Singithi Jumbo’ campaign will run throughout April and May, a period when families traditionally visit relatives, exchange gifts and begin the New Year…

Lütfü Turgut, Ambassador of the Republic of Türkiye to Sri Lanka, emphasised the importance of strengthening bilateral trade relations. He highlighted opportunities for Sri Lankan exporters in several sectors while also pointing to collaboration opportunities, especially given the growing importance of governance and ethical trade standards, particularly for exporters seeking integration into global supply chains,…

Sri Lanka’s debt restructuring process is nearing completion, with significant progress recorded across negotiations and implementation, according to the latest 6th Co-Chairs Progress Report released by the Global Sovereign Debt Roundtable (GSDR) recently. The report states Sri Lanka’s debt restructuring is also nearly complete. Signature of bilateral agreements is well advanced while not yet fully…