Port City Colombo named ‘Best Knowledge Zone’ in Asia Pacific by fDi Intelligence UK
Daily FT: Port City Colombo has been named the ‘Best Knowledge Zone – Asia Pacific Region’ and received a ‘Highly Commended’
24
Oct
News
24
Oct
Gemstones market to grow at 6.3% CAGR: Credence Research
The Morning: The gemstones market is expected to expand at a compound annual growth rate (CAGR) of 6.30% to reach $
24
Oct
Sri Lanka’s Kankesanthurai Port upgrade awaits Indian grant terms
The Morning: The proposed renovation and expansion of the Kankesanthurai (KKS) Port remains in limbo as Sri Lanka continues to negotiate
24
Oct
Sinopec refinery deal in Sri Lanka set for finalisation in December
The Morning: The final agreement with Sinopec concerning the delayed $ 3.7 billion refinery project in Hambantota is expected to be
24
Oct
Virtusa expands technology centre in Sri Lanka as part of global AI-led growth strategy
Ada Derana: Virtusa Corporation, a leading global provider of digital strategy, engineering, and IT services, announced the expansion of its Sri
24
Oct
WindForce secures land lease for 100 MW solar project
Daily FT: WindForce PLC yesterday said that it has finalised a Rs. 50 million, 24-year land lease agreement for the 100-megawatt
24
Oct
eChannelling launches eMindCare as holistic digital platform for mental wellbeing
Daily FT: eChannelling has launched ‘eMindCare,’ a first-of-its-kind holistic mental wellbeing platform designed to make expert mental health and psychosocial wellbeing
24
Oct
Hayleys Mobility launched to redefine Sri Lanka’s transportation future
The Morning: Hayleys Fentons Limited announced the launch of Hayleys Mobility, a new venture delivering cutting-edge new-energy vehicle solutions and infrastructure,
24
Oct
World Elite acquires 50% Gestetner Ceylon stake for Rs. 318.7 million
Daily FT: Gestetner of Ceylon PLC has said that Hong Kong-based World Elite Ltd. has acquired a controlling 50.01% stake in
24
Oct
Sri Lanka’s WindForce announces another 10 MW wind project
Daily FT: WindForce PLC has announced the acquisition of a 51% equity stake in Safe Power International Ltd., with the remaining
24
Oct
Deutsche Bank says Sri Lanka at turning point; will step up support
Daily FT: Germany’s multinational financial services giant Deutsche Bank last week said with macroeconomic indicators improving Sri Lanka is at a
24
Oct
Sri Lanka calls for global investment partnerships
The Morning: Foreign Affairs and Foreign Employment Deputy Minister Arun Hemachandra called for international business and investment partnership to be enabled
24
Oct
Indian banks allowed to give INR loans to Sri Lanka customers
EconomyNext: The Reserve Bank of India has allowed Indian banks to give loans to customers in Sri Lanka Bhutan and Nepal
24
Oct
SriLankan, Saudia expand interline partnership, boost connectivity
Daily FT: SriLankan Airlines and Saudia Airlines have renewed and expanded their interline agreement, strengthening the long-standing partnership between the two
24
Oct
Sri Lanka’s global tourism campaign nears final approval
The Morning: Sri Lanka’s global promotion campaign is awaiting special Cabinet approval, along with recommendations from the Tourism Advisory Committee, according
24
Oct
Sri Lanka’s President assures secure environment for investments
The Morning: President Anura Kumara Dissanayake noted that a secure environment for investments has now been established in Sri Lanka, highlighting
15
Oct
Sri Lanka’s government urged to prioritize North and East development
Daily FT: Tamil National Alliance (TNA) Parliamentarian Shanakiyan Rasamanickam has urged the Government to focus on developing the Northern and Eastern
15
Oct
All Island Dairy Association commits support to boost local production
Daily FT: The fifth Annual General Meeting (AGM) of the All Island Dairy Association (AIDA) was recently held at The Ceylon
15
Oct
Sysco LABS Dialogues shows power of PPPs to position Sri Lanka as global ICT hub
Daily FT: Sysco LABS Sri Lanka hosted the inaugural ‘Sysco LABS Dialogues – Academia, Policy & Industry in Information and Communications
15
Oct
Resplendent Ceylon properties earn 2025 Michelin Keys
Daily FT: The 2025 Michelin Key distinctions, recognising the world’s leading hotels for exceptional hospitality, have been announced, with all three
15
Oct
Sri Lanka’s BIA air traffic up 14% in first eight months of 2025
Daily FT: Bandaranaike International Airport (BIA) recorded a 14.4% year-on-year increase in air traffic during the first eight months of 2025,
15
Oct
Sanken awarded Rs. 3 b contract for Ratmalana Airport complex
Daily FT: Sanken Construction Ltd., has been awarded the contract worth Rs. 3 billion for an airfield facility at Ratmalana Airport.The
15
Oct
Sri Lanka extends tax relief for Mattala Airport
The Morning: The government has decided to extend the concessionary period granted to the Mattala Rajapaksa International Airport in relation to
15
Oct
WindForce commissions 10 MW wind project in Alankuda, Puttalam
The Morning: WindForce PLC has strengthened its leadership in Sri Lanka’s renewable energy sector by acquiring a 51% equity stake in
15
Oct
5G tech to be key pathway for Sri Lanka’s growth says Deputy Minister
The Morning: Sri Lanka’s launch of the 5G spectrum will be a key pathway for economic growth, Digital Economy Deputy Minister
15
Oct
Sri Lanka seeks Indian investment in hospitality says Minister
The Morning: Sri Lanka’s government seeks to facilitate more Indian investment in the private sector-driven hospitality segment, rather than restrict such
15
Oct
New ETA system in Sri Lanka to attract more international visitors
The Morning: The Government of Sri Lanka has reinstated the Electronic Travel Authorisation (ETA) system from 15 October, with the intention
15
Oct
AIIB affirms commitment to Sri Lanka’s development
The Morning: The President of the Asian Infrastructure Investment Bank (AIIB), Jin Liqun, affirmed the bank’s commitment to supporting Sri Lanka’s
14
Oct
New era of Ceramicware unfolds
Welvaart Solutions (Pvt) Ltd, an offshore company registered under the Port City Commission of Sri Lanka, recently signed an MOU
13
Oct
Sri Lanka CEB tenders for BESS for grid augmentation with ADB funds
EconomyNext: Sri Lanka’s state-run Ceylon Electricity Board, had tendered for 100MW/100MWh battery energy systems (BESS), to upgrade its grid to accommodate
13
Oct
Sri Lanka announces 2025 5G spectrum auction
Daily FT: The Government yesterday formally issued the Notice of Assignment (NoA) for the 2025 5G spectrum auction, setting in motion
13
Oct
Rotary SME conclave positions boutique hotel SMEs as tourism revival catalysts
Daily FT: The Rotary Club of Colombo East, in collaboration with Boutiques in Sri Lanka, successfully hosted the SME Conclave Boutique
13
Oct
Sri Lanka to start work on new expressway section
The Morning: The Government has revealed plans to commence the construction of the Rambukkana-Galagedara section of the Central Expressway within this
10
Oct
SEVA project signals new trade and investment potential for Sri Lankan craft
Daily FT: Sri Lanka’s creative and craft sector has marked a landmark moment with the launch of SEVA, a transdisciplinary cultural
10
Oct
Sri Lanka strengthens trade, investment, and tourism ties at World Expo 2025 in Osaka
Daily FT: Sri Lanka showcased its export potential, investment opportunities, and tourism offerings at the Sri Lanka Business Forum and Networking
10
Oct
Sri Lanka promotes Ceylon Tea in Jordan
The Morning: Sri Lanka hosted a promotional high tea event in Jordan recently, according to a statement released by the Embassy
10
Oct
Beira Lake water aerodrome launched with Katunayake-Colombo flights
Newswire: Flight services between Katunayake and Colombo were officially launched on 3 October, with Beira Lake designated as a water aerodrome,
08
Oct
Japan backs Sri Lanka’s recovery, commits loans, investment and export push
Daily FT: Japan and Sri Lanka agreed to deepen cooperation across economic, investment, security and multilateral fronts, issuing a joint statement
08
Oct
RMIT Sri Lanka Innovation Hub to boost R&D commercialization
Daily FT: The Royal Melbourne Institute of Technology (RMIT) is in high-level talks to establish an innovation hub in Sri Lanka
08
Oct
China hails bilateral exchanges with Sri Lanka
The Morning: Chinese Ambassador to Sri Lanka Qi Zhenhong has reaffirmed their enduring friendship with Sri Lanka, highlighting strong bilateral cooperation
08
Oct
Sri Lanka’s Construction PMI expands in August
The Morning: The Sri Lanka Purchasing Managers’ Index for Construction (PMI – Construction), as reflected by the Total Activity Index, increased
08
Oct
Japan-Sri Lanka ink two bilateral deals worth nearly ¥ 1 billion
Daily FT: Sri Lanka and Japan have exchanged notes for two projects under Japan’s Official Security Assistance (OSA) Programme and the
08
Oct
President Dissanayake entices Japanese investors to Sri Lanka
Daily FT: President Anura Kumara Dissanayake has enticed Japanese companies to invest in stable and high-potential Sri Lanka in a bid
08
Oct
Gemini AI Plus for students, free-of- charge says deputy minister
The Morning: Google will provide Sri Lankan students free access to its Gemini advanced features, along with other benefits, under its
08
Oct
Sri Lanka launches spice promotion mission to China
The Morning: Sri Lanka’s spice industry completed its first-ever promotional mission to China dedicated exclusively to Sri Lankan spices. The initiative
03
Oct
Time Out ranks Sri Lanka as top travel destination for October 2025
Daily FT: Sri Lanka has been ranked the number one destination to visit in October 2025 by global travel magazine Time
03
Oct
Sri Lanka to introduce ‘Government SuperApp’
The Morning: Sri Lanka’s Cabinet of Ministers has granted approval for a proposal to create a ‘Government SuperApp’, aimed at enabling
03
Oct
Sri Lanka positioned as a hub for international business events
The Morning: Sri Lankan Prime Minister Dr. Harini Amarasuriya stated that the ‘Sri Lanka MICE Expo 2025’ is a great opportunity
03
Oct
Sri Lanka’s January-August export earnings reach $ 11.55 billion
The Morning: Sri Lanka’s export sector recorded total earnings of $ 11,554.32 million between January-August. This reflects a 6.61% increase compared
29
Sep
Sysco’s global technology leadership meets Sri Lanka’s digital leaders
Daily FT: Sysco Executive Vice President, and Chief Information and Digital Officer Tom Peck recently met with Digital Economy Deputy Minister