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Tourist arrivals rise 5% in first 22 days of October

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 […]

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Sumathi Holdings celebrates 70 years of the Sumathi legacy

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. […]

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IMF sees SL tapping global Bond market for $ 3 b by 2028

The International Monetary Fund (IMF) projects Sri Lanka will raise $ 3 billion through International Sovereign Bond issues by 2028, but the Government will decide whether to tap global markets, Finance and Planning Deputy Minister Dr. Anil Jayantha Fernando told Parliament yesterday. The IMF’s combined fifth and sixth review staff report under the Extended Fund […]

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DFCC Bank Launches Student File Combining Overseas Tuition Payments, Education Finance and Travel Benefits

DFCC Bank has launched the DFCC Student File, bringing together tuition fee payments, education financing, foreign exchange services and selected travel benefits to help students and their families manage the financial arrangements associated with overseas education. Receiving a university admission is an important milestone, but it also begins a demanding period of financial planning. Families […]

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IIHE appoints Shehan Kumar as Chief Executive Officer

The Imperial Institute of Higher Education (IIHE), one of Sri Lanka’s established private higher education institutions with three decades of academic excellence, has announced the appointment of Shehan Kumar as its new Chief Executive Officer. A recipient of the Outstanding Young Persons of Sri Lanka (TOYP) award, Kumar brings over 25 years of global corporate […]

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TEDxColombo: Unlocking the Fractured Paradox

TEDxColombo, one of the most prominent and long-standing TEDx events in Sri Lanka, proudly announces the 14th edition of its flagship event, scheduled for Sunday, November 29th, 2026, at the iconic Temple Trees. Known for pushing boundaries and sparking dialogue, TEDxColombo 2026 promises another unforgettable day of insight, inspiration, and bold new ideas – brought […]

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Port City Colombo Builds Investment Momentum Across UAE, Oman, and Qatar

High-level engagements strengthen regional partnerships and advance Port City Colombo’s Gulf investment strategy Port City Colombo hosted an exclusive investor forum at The St. Regis Abu Dhabi on 25th September 2026, bringing together senior UAE business leaders, investors, and institutional stakeholders for a focused morning of dialogue on Sri Lanka’s investment proposition and the opportunities […]