Tourist arrivals rise 5% in first 22 days of October
Sri Lanka welcomed 119,805 tourists during the first 22 days of October, registering a 5.03% year-on-year (YoY) increase, but cumulative arrivals remained 1.42% below the corresponding period last year as the industry entered its crucial winter season. The latest figures lifted year-to-date (YTD) arrivals to over 1.81 million, compared with over 1.83 million during the…
Sri Lanka central bank seeks panel for troubled bank resolutions
Sri Lanka’s central bank has called for expressions of interest from qualified parties to serve on a panel of administrators that could be appointed during the resolution of troubled licensed banks and finance companies. The Central Bank of Sri Lanka (CBSL) said the panel would be established for the purpose of resolving licensed banks and…
Sri Lanka–USA Business Council marks ten years of bilateral business engagement
The Sri Lanka–USA Business Council (SLUSABC) of The Ceylon Chamber of Commerce marked its 10th Annual General Meeting on October 14, at Hilton Colombo Residences, reflecting on a decade of business engagement between Sri Lanka and the United States and setting out its priorities for the year ahead. MAC Holdings (Pvt) Ltd, Group Director and…
IMF sees SL tapping global Bond market for $ 3 b by 2028
The International Monetary Fund (IMF) projects Sri Lanka will raise $ 3 billion through International Sovereign Bond issues by 2028, but the Government will decide whether to tap global markets, Finance and Planning Deputy Minister Dr. Anil Jayantha Fernando told Parliament yesterday. The IMF’s combined fifth and sixth review staff report under the Extended Fund…
DFCC Bank Launches Student File Combining Overseas Tuition Payments, Education Finance and Travel Benefits
DFCC Bank has launched the DFCC Student File, bringing together tuition fee payments, education financing, foreign exchange services and selected travel benefits to help students and their families manage the financial arrangements associated with overseas education. Receiving a university admission is an important milestone, but it also begins a demanding period of financial planning. Families…
TEDxColombo: Unlocking the Fractured Paradox
TEDxColombo, one of the most prominent and long-standing TEDx events in Sri Lanka, proudly announces the 14th edition of its flagship event, scheduled for Sunday, November 29th, 2026, at the iconic Temple Trees. Known for pushing boundaries and sparking dialogue, TEDxColombo 2026 promises another unforgettable day of insight, inspiration, and bold new ideas – brought…
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Colombo to world-class gem hub status by 2030 – Minister Handunnetti
Sri Lanka is positioning itself to become a dominant global force in the gem and jewelry sector, with plans to establish an international-standard gem hub complete with advanced research, laboratory, and exhibition facilities in Colombo by 2030. The announcement was made by the Minister of Industries and Enterprise Development, Sunil Handunnetti, during the 2026 Annual…
‘CNCI Achiever Awards 2026’ celebrates 25th Anniversary
The Ceylon National Chamber of Industries (CNCI), Sri Lanka’s premier industrial chamber, hosted the ‘CNCI Achiever Awards 2026’ at Cinnamon Life, City of Dreams, Colombo, on October 15, in collaboration with the Ministry of Industries and Entrepreneurship Development. The annual flagship event recognises and rewards outstanding Sri Lankan industrialists for their remarkable achievements and excellence…