Business events have evolved far beyond simple knowledge-sharing gatherings to become powerful economic engines that shape destinations, catalyse infrastructure development, and transform local communities. During the Asia on the Global Stage: Attracting the Next Generation of Business Events panel discussion at ITB Asia, convention bureaus from Singapore, Sri Lanka, Perth, and Uganda discussed how the […]
Sri Lanka’s export earnings rose 5.04% year-on-year to US$13.61 billion in the first nine months of 2026, supported by growth in merchandise and services exports, with electrical and electronic components, spices and processed food among the strongest-performing sectors. Total exports during January–September increased from US$12.96 billion in the corresponding period last year, according to the […]
Sri Lankan Bankers Association in the UAE, Vice President Kapila Karunaratne, met with People’s Bank Chairman Chandana Guniyangoda and Chief Executive Officer/General Manager Clive Fonseka on October 23, to explore opportunities to expand the Bank’s services among the Sri Lankan community in the United Arab Emirates (UAE). Discussions focused on strengthening engagement with Sri Lankan […]
Bank of Ceylon (BOC) is set to create another milestone in the country’s capital market with the launch of Sri Lanka’s largest-ever listed debenture issue, with a maximum issue size of LKR 30 billion. The Bank proposes to initially raise LKR 10 billion, with an option to increase the issue to LKR 20 billion in […]
Following the success of the inaugural National Director Awards, the Sri Lanka Institute of Directors (SLID), in collaboration with the Association of Chartered Certified Accountants (ACCA), is pleased to announce the return of the SLID–ACCA National Director Awards for its second year. Applications will officially open on 23 October 2026 and close on 30 November 2026, culminating in the National Director Awards […]
Sri Lanka Export Development Board (EDB), in collaboration with the Sri Lanka–Maldives Business Council (SLMLBC) of The Ceylon Chamber of Commerce, facilitated the participation of Sri Lankan companies at Hotel Asia 2026 in the Maldives. The initiative created opportunities for Sri Lankan businesses to connect with buyers and potential partners, as well as engage with […]
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 […]
From a single betting shop on Maliban Street in 1956 to 11 principal businesses and more than 2,000 people Sumathi Holdings marked its 70th anniversary on Friday, 9 October, with a celebration at the Sangam Ballroom of ITC Ratnadipa, Colombo, attended by more than 500 guests from Sri Lanka’s business, government, financial and media communities. […]
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 […]
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 […]