Chevron Lanka exceeds LKR 4Bn in earnings for first time

Chevron Lubricants Lanka PLC (“Chevron Lanka”) (LLUB), a listed entity in the Colombo Securities Exchange (“CSE”), notched up record earnings in 2025, the highest ever in its 32-year history of operations in Sri Lanka. Earnings surpassed the LKR 4 billion milestone for the first time, on a topline of LKR 24.39 billion based on the […]

IASL launches revamped website to better serve Sri Lanka’s insurance ecosystem

The Insurance Association of Sri Lanka (IASL) announced the launch of its newly revamped official website at www.iasl.lk, reinforcing the Association’s commitment to transparency, accessibility, and industry leadership in an increasingly digital landscape. The redesigned platform reflects IASL’s recognition that improving its digitalisation standards is centralto its mandate. As Sri Lanka’s insurance industry navigates accelerating […]

Sri Lanka’s apparel sector gains competitive edge under UK’s DCTS scheme

The United Kingdom’s revised Developing Countries Trading Scheme (DCTS), effective fromJanuary 2026, presents a clear opportunity for Sri Lanka’s apparel sector. It is particularlysignificant for small and medium-sized exporters, offering them a stronger footing in a keymarket. The real strength of the revised scheme lies in its practicality. By easing rules of origin andallowing greater […]

Min of Justice launches management information system to enhance efficiency, transparency, and accountability

The Ministry of Justice and National Integration today officially launched its new Management Information System (MIS) and revamped website, marking a significant milestone in ongoing efforts to modernize Sri Lanka’s justice sector and strengthen institutional efficiency, transparency, and accountability. The MIS was developed as an initiative of the Support to Justice Sector Project (JURE), funded […]

To reach US$8 billion, Sri Lanka apparel must grow differently

By Felix Fernando, Chairman, Joint Apparel Association Forum (JAAF)  Sri Lanka’s apparel industry has earned its place in the global market through consistency, trust,and a strong reputation for ethical manufacturing. Over many years, we have shown that Sri Lanka can deliver quality, compliance, and reliability at a level that global brands value. That foundation remains […]

World Wildlife Day 2026: From rescue to rewilding, Kalo’s journey continues

He arrived at the Elephant Transit Home in Udawalawe on March 23, 2024, barely eightmonths old. Kalo had spent an unknown number of days trapped at the bottom of anabandoned well near Galenbidunuwewa in Sri Lanka’s Anuradhapura District, separatedfrom the herd he had lost. When wildlife officers from the Department of WildlifeConservation pulled him out, […]

A road map to net zero for Sri Lanka’s plantation sector

With the heighted consensus on the need for climate change mitigation and adaption, the SriLankan plantation industry is now faced with one of the most consequential transformations inits 172 year history as a growing segment of the industry plots a course for Net Zero emissions.With global buyers, financiers and regulators push for low-carbon supply chains, […]

Sri Lanka’s Central Bank keeps the overnight policy rate (OPR) unchanged

At its meeting held yesterday, the Monetary Policy Board decided to keep the Overnight Policy Rate (OPR) unchanged at 7.75%, citing an assessment of recent domestic economic developments, the outlook ahead, and continuing global uncertainty. The Board is of the view that the current monetary policy stance will support steering inflation towards the target of […]

Sri Lanka’s apparel exports grow 5.4-pct in Dec 2025; full-year exports top USD5Bn

Sri Lanka’s exports of apparel and made-up textile articles (HS Chapters 61, 62 and 63) rose to US$447.21 million in December 2025, up 5.43% from US$424.18 million in December 2024, according to industry export statistics. Growth was recorded across the three main destination markets. Exports to the USA increased 6.49% year-on-year to US$178.29 million (from […]

Rising climate risks and poverty in focus at CEPA policy panel today, Open University

The Centre for Poverty Analysis (CEPA), in collaboration with the Centre for Environmental Studies and Sustainable Development of the Open University of Sri Lanka, will host a high-level policy panel titled “Facing the Future: Environmental Disastersand Poverty in Sri Lanka”on 26 January 2026, from 3.30 p.m. to 6.00 p.m., at the Auditorium of the Faculty […]

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