Category: Business and Economy

Two leaders in travel come together to open Emirates Wolgan Valley, a Ritz-Carlton Lodge in mid-2026, signifying the global debut of ‘The Ritz-Carlton Lodge’ and a milestone project for New South Wales’ regional luxury tourism Emirates and Marriott International, Inc. (NASDAQ: MAR) have signed an agreement to open Emirates Wolgan Valley, a Ritz-Carlton Lodge – a 40-key…

Hayleys Agriculture Holdings Limited reaffirmed its commitment to transforming the Sri Lankan agriculture industry at the Jaffna International Trade Fair 2026, which was held from 23rd to 25th January at the Muttraweli Grounds in Jaffna. The company’s presence at the exhibition underscored its focus on bringing modern agricultural technology and value-added agricultural products closer to…

Chokolaate, Sri Lanka’s leading youth-centric media platform, announced the official call-out for designers to participate in the much-anticipated Mother-Daughter Fashion Designer (MDFD) contest. Now in its 16th year, MDFD continues its legacy as one of the island’s most influential creative platforms for emerging fashion talent. Organised annually by Chokolaate Magazine — founded in 2006 with the mission…

Altair Residences have, over the past six months, seen more than 100 individual title deeds being executed by apartment owners, providing owners with a clear, registered, legal title to their apartments in accordance with Sri Lankan property law. This has been a key initiative by the new owners and management of Altair to improve governance…

Pan Asia Bank recently paid tribute to the loyalty and dedication of its long-serving employees at a special recognition event organised by the Bank’s Human Resources Division.The event was graced by the Chairman of Pan Asia Bank Aravinda Perera, the Director/CEO Naleen Edirisinghe and the Corporate Management members.The occasion celebrated individuals who played a pivotal…

Q :How would you assess Sri Lanka’s economic recovery after the Ditwah? What has been the most pressing challenge in the aftermath? A: Sri Lanka’s recovery after the Ditwah has been gradual but increasingly visible, characterized by improvements in macroeconomic stability, a noticeable easing of inflationary pressures, and the gradual restoration of essential supply chains…

Sri Lanka has long been an outlier in the extent to which it grants tax concessions, former Chief Economic Adviser to the Government of India Arvind Subramanian said, warning that such policies lay at the heart of the country’s persistent fiscal and macroeconomic troubles. Speaking on the sidelines of The Examiner’s book talk, A Sixth…

Sri Lanka is set to make a remarkable presence at Gulfood 2026, one of the world’s largest and most prestigious food and beverage exhibitions, organized by the Sri Lanka Export Development Board (SLEDB). With its participation, the island nation aims to showcase its rich food ingredients, premium-quality products, and dynamic export potential on a truly…

A total of 223,645 tourists have arrived in the country thus far in 2026, data from the Sri Lanka Tourism Development Authority (SLTDA) shows. According to data released by the SLTDA, a total of 41,603 tourists have arrived from India which accounts to 19.0%. Furthermore, 23,329 persons from the United Kingdom, 22,876 from Russia, 14,431…

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…