Category: Featured
The Japan Sri Lanka Technical and Cultural Association announces JASTECA awards 2025
The Japan Sri Lanka Technical and Cultural Association (JASTECA) announced the launch of the prestigious JASTECA Awards 2025, reaffirming its commitment to recognizing Sri Lanka’s top-performing organizations in 5S, Kaizen, and Corporate Social Responsibility (CSR) practices. Since its inception, JASTECA has been a pioneer in advancing workplace excellence, operational efficiency, and sustainability. This year’s event […]
CBL Group expands global footprint with entry into Kenya
CBL Group, a food conglomerate, has entered the Kenyan market by establishing a distribution hub as part of its strategic move to strengthen exports and establish a foothold in East Africa. This expansion aligns with the company’s long-term growth strategy to extend its global reach and cater to new consumer segments. “We are in the […]
JAAF welcomes budget 2025, calls for caution on removal of SVAT
Similarly, initiatives such as the National Single Window, e-cargo tracking, scanners, revisions to Customs law, and improvements in logistics and Customs yards are crucial steps toward enhancing ease of doing business. Measures such as revisiting the Economic Transformation Act and introducing the proposed Investment Protection Bill will further strengthen investor confidence and drive export growth. […]
HP unveils the next evolution of large format printing to Sri Lanka
HP has introduced the HP DesignJet Smart Tank T908 MFP and T858 SFP, the first large-format ink tank printers in Sri Lanka, exclusively distributed by The Technocity (Pvt) Ltd. Designed for Architecture, Engineering, and Construction (AEC) professionals and copy shops, who increasingly work in a hybrid environment. This new 36-inch HP DesignJet portfolio delivers cost-effective, high-speed printing with industry-leading security. “The AEC industry operates in a […]
Ceylon Chamber of commerce unveils outlook 2025 report
The 10th Annual Outlook Report 2025 was officially launched by the Ceylon Chamber of Commerce at the Economic Review and Outlook 2025 seminar. This year’s theme, “Consolidating Stability; Fostering Sustainable Growth”, encapsulates Sri Lanka’s progress toward economic recovery and resilience. The keynote address was delivered by Dr. P. Nandalal Weerasinghe, Governor of the Central Bank […]
” platform for the digitalization of all government payments
Three new digital initiatives will be introduced Friday, 07 at the Presidential Secretariat under the patronage President Anura Kumara Disanayake. The initiatives include the launch of the ‘GovPay’ platform for the digitalization of all government payments, expanding the services of the President’s Fund from the main office in Colombo to the Divisional Secretariat level, and the introduction of […]
HNB PLC completes full acquisition of Acuity Partners: Rebrands as HNB Investment Bank
Hatton National Bank PLC (HNB), Sri Lanka’s second largest Private Bank, announced the successful acquisition of full ownership of Acuity Partners (Pvt) Ltd today. With this acquisition, HNB has rebranded the entity as HNB Investment Bank (Pvt) Ltd, further strengthening its position as a key player in the country’s investment banking sector. Acuity Partners was […]
Joint Chambers and Associations proposed solutions for Port congestion crisis
In light of the ongoing challenges faced at the Colombo port, the below listed Joint Chambers, along with key trade, maritime and logistics associations, wish to propose solutions to mitigate the impact of port congestion on the nation’s economy. Further, exporters are facing potential delays with imported inputs, missed shipping opportunities, and increased processing costs, […]
Is the country prepared to harvest the potential dollar income through its rubber industry?
By Emeritus Professor Asoka Nugawela (Department of Plantation Management, Wayamba University of Sri Lanka & Former Director, Rubber Research Institute of Sri Lanka) Sri Lanka earned 930 million US$ from the export of both raw rubber and rubber products in 2023. Out of that the major share, around 900 million US$, came from the export […]
Sri Lanka Economic Summit kicks off today
President Anura Kumara Dissanayake will inaugurate the Sri Lanka Economic Summit organised by The Ceylon Chamber of Commerce which opens Tuesday at the Shangri La Hotel, Colombo. President Dissanayake will participate in a Fireside chat on the Government’s vision for sustainable economic progress, with the Deputy Vice Chairman of the Ceylon Chamber Bingumal Thewarathanthri. Day […]
Sri Lanka Apparel achieves 5-pct export growth in 2024, Eyes in-country verticality to enable growth
Sri Lanka’s export earnings from apparel in 2024 reached USD 4.7 billion, recording a year-on-year growth of nearly 5%, according to the Joint Apparel Association Forum (JAAF). Adding the country’s direct exports of textiles takes the overall export value to just over USD 5 billion. This underscores the resilience of the country’s textile and apparel […]
After A/L? “Meet your lecturer” at NSBM Green University this weekend
NSBM Green University, Sri Lanka’s premier degree-awarding institute, is hosting a special event this weekend for after A/L students to plan their future with the right guidance. NSBM’s “Meet Your Lecturer” Guidance Programme will take place on January 25–26, at its picturesque university premises in Homagama. This special event is designed for after A/L students […]