Category: Business and Economy

Ashraff Associates Appoints New Creative Director Ashraff Associates, one of Sri Lanka’s leading boutique creative agencies has appointed Yasaanth Krishnamoorthy as its Creative Director effective 1st January 2026. A qualified architect with a Master’s Degree from the City School of Architecture at the University of West England, Krishnamoorthy’s foray into advertising began as an Art…

This year, Emirates moved 55.6 million customers, circled Earth 29,290 times on nearly 180,580 flights, and placed orders for 73 new aircraft. The airline celebrated its 40th year of operations in October, but the real story of 2025 goes beyond that anniversary milestone, as Emirates plots what the future of flying better really means. Whether you’ve…

The Sri Lankan rupee depreciated by 5.6% against the US dollar during 2025, according to data released by the Central Bank of Sri Lanka (CBSL). This marks a reversal from the previous two years, during which the rupee recorded notable gains. The currency had appreciated by 12.1% in 2023 and a further 10.7% in 2024…

The Sri Lanka Purchasing Managers’ Index for Construction (PMI – Construction), as reflected by the Total Activity Index, increased to 66.2 in November 2025. Most firms reported improved construction activity during the month, despite the weather-related disruptions towards the end of the period. The New Orders Index remained expanded in November. Many respondents highlighted the…

Guided by a clear vision to extend value beyond business, Prime Group made a landmark contribution of LKR 200 million to the Rebuilding Sri Lanka Fund, pledging support toward the national recovery from Cyclone Ditwah. This is believed to be one of the highest contributions made by a corporate body thus far. As a company,…

Dilmah invited to be Patron of the UN Global Compact Network Sri Lanka Supply Chain Working Group For over three decades, Dilmah has been more than a tea company. It has been the custodian of a philosophy that its Founder, Merrill J. Fernando, described simply: “Business is a matter of human service.” That conviction has guided every…

flydubai has announced a series of significant developments that will support its long-term growth strategy and enhance the travel experience for its customers. The airline has signed a landmark agreement for 150 Airbus A321neo aircraft, marking its first order with Airbus, alongside a Memorandum of Understanding for 75 Boeing 737 MAX aircraft, reinforcing its strong…

Sri Lanka Customs is commended for its outstanding contribution to strengthening the nation’s economic and social stability by successfully generating the required revenue for the country. Let us lead the country to economic success with new plans in the New Year – President The year 2025 has been recorded as the highest revenue-earning year in…

Farzana Baduel, President-elect of the Chartered Institute of Public Relations (CIPR, UK), highlighted Sri Lanka’s resilience and growing regional relevance in regional communication when she addressed “Reputation Under Fire: How Leaders Can Navigate Online Crises,” an exclusive learning and networking event hosted recently by the Public Relations Association of Sri Lanka (PRASL) in collaboration with The Sun (Daily Mirror)…

Participates in the Commonwealth Enterprise and Investment Council delegation to Nigeria & Kenya George Steuart & Company participated in a series of high-level engagements organised by the Commonwealth Enterprise and Investment Council (CWEIC) in Africa during the latter part of 2025. The engagements in Kenya was held in Nairobi in December, led by CWEIC Deputy…