China emerged as Sri Lanka’s largest trading partner in value terms, surpassing India and the United States the third largest trading partner in 2025. Together, these three countries accounted for around 41% of Sri Lanka’s total merchandise trade, a Public Lecture on the State of the Economy as Reflected in the Annual Economic Review – […]
Mark and Comm (Pvt) Ltd together with Talkwalker, the world’s leading social intelligence platform, is now offering clients and prospects in Sri Lanka professional social listening, media monitoring, reporting, and strategic advisory as a fully managed service. As the exclusive Hootsuite and Talkwalker partner for Sri Lanka and the Maldives, Mark and Comm identified a […]
Consultant Haemato-Oncologist, Dr Buddhika Somawardana said every year 15,000 to 18,000 individuals are diagnosed for cancer in Sri Lanka and within that 2,000 new patients who need bone marrow (stem cell) transplant (BMT). “We have a few specialist doctors in the country at present who have obtained advanced training in UK to treat majority of […]
People’s Leasing & Finance PLC (PLC), celebrates its 30th anniversary on 31st May 2026, marking three decades of empowering individuals, entrepreneurs and businesses across the island with innovative financial solutions. Over the past 30 years, PLC has evolved into a household name in the financial services sector, driven by a strong commitment to financial inclusivity, […]
HDFC Bank of Sri Lanka has launched its latest green financing solution, HDFC Green Leasing, alongside a nationwide tree planting initiative held in line with the auspicious timing of the Sinhala and Tamil New Year on April 23. Marking a symbolic and unified beginning, all 39 branches of the Bank conducted tree planting ceremonies simultaneously […]
E.B. Creasy Solar, the renewable energy arm of E.B. Creasy & Co., PLC, has partnered with Kotagala Plantations PLC to install a 1 MW rooftop solar power system, reaffirming its commitment to supporting Sri Lanka’s transition towards sustainable energy solutions. This milestone project reflects the shared vision of both organizations to integrate renewable energy into […]
Micro, Small and Medium Enterprises (MSMEs) continue to play a pivotal role in driving Sri Lanka’s economy through employment generation, regional development, entrepreneurship, and income distribution. Recognising the importance of this sector, People’s Bank further strengthened its commitment to MSME development in 2025 by expanding its MSME business volume to LKR 20.8 billion, reinforcing its […]
WSO2 announced that its Founder and Chief Executive Officer, Dr. Sanjiva Weerawarana, will step down from his role as CEO with effect from June, 2026. The Board of Directors has initiated a search for a permanent CEO and has appointed WSO2’s Chief Revenue Officer Devaka Randeniya as Acting Chief Executive Officer to lead the company […]
Sri Lanka Insurance Corporation General Limited (SLICGL) has achieved a historic milestone, becoming the first General Insurance (GI) company in Sri Lanka to surpass LKR 30 billion in Gross Written Premium (GWP). The landmark achievement sets a new benchmark for the industry and demonstrates SLICGL’s unmatched strength, credibility, and customer trust. In addition to this […]
A 2025–2026 World Bank enterprise survey reveals Sri Lanka’s post-crisis recovery is a “growth mirage” where firms are increasing sales and employment, but not labor productivity. While exporters are innovating, they are underperforming domestic-facing firms, indicating a structural crisis where productivity declines as firm size increases. To drive sustainable growth, policy must shift toward improving […]