Sri Lanka’s tourism earnings rise 10% YoY to $ 1.7 billion in 1st half
Daily FT: Sri Lanka’s tourism industry has posted a moderate rebound in the first half of 2025, with earnings rising
09
Jul
News
09
Jul
Colombo Dockyard enters strategic collaboration with India’s Mazagon Dock Shipbuilders
Daily FT: Colombo Dockyard PLC (CDPLC), a public listed company and Sri Lanka’s premier shipbuilding and ship repairing facility, recently
09
Jul
Sri Lanka, Belgium hold talks to boost port cooperation
Daily Mirror: The Sri Lanka Embassy in Belgium, in collaboration with the Port of Antwerp-Bruges International (PoABI), organised a two-day
09
Jul
Vidullanka PLC debuts Sri Lanka’s first Sukuk on Colombo Stock Exchange
The Morning: Vidullanka PLC, a Sri Lankan renewable energy company, debuted its first-ever Sukuk on the Colombo Stock Exchange (CSE),
09
Jul
Sri Lanka can attract Indian firms looking to expand abroad says ITC chief
EconomyNext: Indian companies who have expanded and become competitive under Free Trade Agreements are now looking to expand abroad and
09
Jul
Sri Lanka-Greater Mekong Business Council hosts networking evening at Port City
Daily FT: The Sri Lanka-Greater Mekong Business Council (SLGMBC) of The Ceylon Chamber of Commerce hosted an exclusive Members’ Networking
09
Jul
Sri Lanka unlocks new market opportunities with 15 conformity assessment accreditations
Daily FT: Sri Lanka Accreditation Board (SLAB), under the patronage of the Ministry of Trade, Commerce, Food Security and Cooperative
09
Jul
Sri Lanka and Japan hold Economic Cooperation Policy Dialogue
Daily FT: Sri Lanka and Japan recently held the Economic Cooperation Policy Dialogue for the first time under the new
07
Jul
Sri Lanka and Australia discuss deepening trade collaborations
Daily FT: The Sri Lanka Export Development Board (EDB), in partnership with the Australian High Commission, the Australian Trade and
07
Jul
Sri Lanka’s CSE ends June with stellar performance
Daily FT: The Colombo stock market has ended June with a stellar performance, with both indices netting 7% growth whilst
07
Jul
Shah Rukh Khan to liven grand opening of City of Dreams Sri Lanka
Daily FT: The undisputed King of Bollywood, Shah Rukh Khan, is set to make a spectacular visit to Sri Lanka,
07
Jul
Colombo Port City, BOI tax exemptions reach Rs. 120.7 billion
The Morning: Sri Lanka’s tax expenditure for exemptions given through trade-related duties amounted to Rs. 120.7 billion in the first
04
Jul
Pussalla moves to organic cinnamon production with Rs. 300 million investment
Daily FT: Pussalla Meat Producers Ltd., has invested around Rs. 200 million to move into the Value-Added Organic Cinnamon Production
04
Jul
SLIIT launches MSc in Artificial Intelligence to power and address AI talent demands
Ada Derana: In today’s fast-evolving digital world, Artificial Intelligence (AI) has emerged as one of the most essential skills of
04
Jul
Sri Lanka launches toilet upgrade project in tourist hotspots
EconomyNext: Sri Lanka’s cabinet of ministers has approved a plan for the island nation’s Urban Development Authority to build, or
04
Jul
Starlink’s high speed internet available in Sri Lanka says Elon Musk
EconomyNext: Sri Lanka has now access to Starlink’s high-speed, low-latency internet. Elon Musk, billionaire head of SpaceX and Tesla said
04
Jul
German firms express confidence in Sri Lanka despite global economic headwinds
Daily FT: German companies operating in Sri Lanka have expressed a notably optimistic outlook for the year ahead, signalling confidence
04
Jul
EDB and Türkiye Ambassador hold discussion on enhancing trade opportunities
Daily FT: Ambassador of the Republic of Türkiye Semih Lütfü Turgut, and the Export Development Board (EDB) engaged in discussions
04
Jul
CEOs Roundtable holds discussion on trade, business between Sri Lanka and India
Daily FT: A high-powered Confederation of Indian Industry (CII) delegation of Indian CEOs representing sectors such as manufacturing, healthcare, logistics,
04
Jul
Construction picks up as Sri Lanka’s PMI climbs in May
The Morning: Sri Lanka’s construction sector showed renewed strength in May, with the Purchasing Managers’ Index for Construction (PMI –
02
Jul
Iconic Nuwara Eliya Post Office building to be developed for tourism
Daily FT: The Cabinet of Ministers has approved repealing an earlier decision to transfer the iconic Nuwara Eliya Post Office
02
Jul
Star Garments opens state-of-the-art manufacturing facility in Togo
Daily FT: Star Garments Group, a powerhouse in Sri Lanka’s apparel industry and part of Charles Komar and Sons, officially
02
Jul
Maliban explores strategic investment and partnership opportunities in Thailand
Daily FT: The Embassy of Sri Lanka in Bangkok successfully facilitated a recent visit by a high-level delegation from Maliban
02
Jul
India, Sri Lanka CEOs meet in Colombo to deepen ties
Daily FT: Indian High Commissioner Santosh Jha has participated in the Confederation of Indian Industry (CII) and Ceylon Chamber of
02
Jul
Coconut milk powder market set to nearly double by 2032
The Morning: The global coconut milk powder market is poised for robust growth over the next decade, with valuations projected
02
Jul
LankaPay processes Rs. 34 trillion in transactions
The Morning: Sri Lanka’s payment network LankaPay processed Rs. 34 trillion worth in transactions in 2024, CEO Channa De Silva
02
Jul
Ceylon Tea prices rebound amid Middle East ceasefire hopes
The Morning: Ceylon Tea prices rebounded by approximately Rs. 100 at last week’s auction, amid optimism surrounding a potential resolution
02
Jul
Sri Lanka’s City of Dreams to open on 2 August
The Morning: John Keells Holdings PLC (JKH) and Melco Resorts and Entertainment (MRE) announced the grand opening of City of
26
Jun
Sri Lanka Ports Authority profits rise 75-pct amid Red Sea troubles
EconomyNext: Profits at Sri Lanka Ports Authority rose 75 percent to 34.93 billion rupees in 2024, as container transshipment volumes
26
Jun
Sri Lankan pavilion shines at Middle East Rubber and Tyre Expo 2025 in Sharjah
Daily FT: The Sri Lanka Export Development Board (EDB) in collaboration with the Sri Lanka Consulate General in United Arab
26
Jun
Sri Lanka and India confirm technical parameters for power grid interconnection
Daily FT: The joint technical team of India and Sri Lanka last week successfully concluded a high-level meeting, confirming the
26
Jun
World Bank supports clean energy transition with $ 150 million
The Morning: The World Bank Group (WB) has approved a new $ 150 million programme to support Sri Lanka’s move
25
Jun
Tokyo Cement boosts capacity with high-tech 1 million ton plant in Trincomalee
Daily FT: Industry and Entrepreneurship Development Minister Sunil Handunnetti recently inaugurated Tokyo Cement Group’s cutting-edge cement manufacturing plant in Trincomalee.
25
Jun
Sri Lanka to expand immigration counters at BIA to meet increasing demand
The Morning: A decision has been made to expand the number of immigration counters in order to cater to increased
25
Jun
Starlink set for commercial launch pending final clearance
The Morning: Starlink has been granted approval to proceed with preparations for its commercial launch by the end of the
25
Jun
Sri Lanka to buy electric gantries, prime movers for Colombo Port
EconomyNext: Sri Lanka Port Authority has been given the go ahead by the cabinet of ministers to buy 7 rubber-tyred
20
Jun
UDA seeks investment proposals for mixed-development project in Colombo
Daily FT: The Cabinet of Ministers has approved to call for investment proposals for a prime land parcel located at
20
Jun
Sri Lanka and South Korea reaffirm economic cooperation in high-level meeting
Daily FT: Finance and Planning Deputy Minister Dr. Harshana Suriyapperuma recently met with the Republic of South Korea Ambassador Miyon
20
Jun
Blackstone acquires unsold units in Sri Lanka’s Altair as it buys India’s South City Mall
EconomyNext: US private equity firm Blackstone is said to have acquired unsold apartments in Sri Lanka’s Altair project, as it
20
Jun
Sri Lanka’s Mullikulam 100MW BOO wind farm gets strong investor interest
EconomyNext: A 100 MW wind farm project in Mullikulam in Sri Lanka’s Mannar district has got initial interest from around
20
Jun
Sri Lankan delegation explores global innovations at Transport Logistic 2025 in Munich
Daily FT: The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) successfully led a high-ranking business
20
Jun
David Peiris Aviation gains approval for Colombo-Jaffna flights
Daily FT: David Peiris Aviation Ltd., a newly established domestic airline and a subsidiary of the David Peiris Group, has
20
Jun
Sri Lanka’s largest and most advanced Polysack manufacturing facility opens
Sri Lanka’s largest and most advanced Polysack manufacturing facility opens The Morning: Committed to uplifting Sri Lanka’s agricultural sector by
20
Jun
SLTDA moves to reclaim underutilised tourism lands
The Morning: Many of the lands allocated to prospective investors remain underdeveloped to date due to the selection of investors
19
Jun
CCC to host high-level business delegation from Bangladesh for trade, investment talks
Daily FT: The Ceylon Chamber of Commerce, in collaboration with the Sri Lanka-Bangladesh Business Council, will host a visiting business
19
Jun
Visa reaffirms commitment to Sri Lanka with tourism and digital transformation push
Daily FT: Visa, the global payments leader, yesterday reaffirmed its long-term commitment to Sri Lanka’s economic development and tourism growth,
19
Jun
Sri Lanka Tourism Promotions Bureau to launch global tourism campaign
The Morning: Sri Lanka Tourism Promotion Bureau (SLTPB) is to launch its long-awaited destination tourism global campaign spotlighting Sri Lanka,
18
Jun
Sigiriya declared Sri Lanka’s first sustainable destination
The Morning: Sigiriya has been officially declared Sri Lanka’s first sustainable destination, following Cabinet approval and the completion of a
17
Jun
Hayleys signs PPA for 50 MW wind power project with $ 50 million investment
Daily FT: HayWind One Ltd., said last week it signed a Power Purchase Agreement (PPA) with the Ceylon Electricity Board
17
Jun
Sri Lanka’s EDB outlines trade potential and ethical manufacturing strengths
Daily FT: The Export Development Board (EDB) Chairman Mangala Wijesinghe spotlighted Sri Lanka’s trade potential and ethical manufacturing strengths at