The Maldives currently runs a trade deficit with Sri Lanka of over $166 million. While this reflects the strong presence of Sri Lankan goods in the Maldivian market, it also signals an opportunity to deepen and rebalance the partnership through greater two-way trade, targeted investments and high-impact joint ventures, Mohamed Saeed, Minister of Economic Development […]
Marking a significant milestone in Sri Lanka’s digital transformation journey, the National QR Payment Adoption Programme was recently launched with the objective of accelerating the country’s transition towards a cash-lite economy. The initiative aims to reduce reliance on physical currency by promoting the widespread use of QR-based digital payments, enabling individuals and businesses to conduct […]
Food & Hospitality Asia Maldives (FHAM) 2026 will take place from 7th to 9th September 2026 at the Manhattan Grand Hotel, bringing together global brands, regional suppliers, and key decision-makers from across the hospitality and tourism sectors. Recognized as the Maldives’ largest and most influential international hospitality exhibition, FHAM continues to serve as a key platform […]
Executive Director of the Centre for Poverty Analysis (CEPA) Prof. Sirimal Abeyratne said that poverty is not just a lack of money, it is a lack of opportunity, a lack of agency and a lack of dignity. He made these remarks while addressing the International Conference on “Poverty and Development in Times of Crisis” in […]
The Embassy of Nepal in Colombo hosted the Sri Lanka–Nepal Business Council (SLNBC) recently at the Cinnamon Lakeside Hotel, Colombo. The formal installation ceremony was marked by the presence of Dr. Purna Bahadur Nepali, the Ambassador of Nepal to Sri Lanka, foreign diplomats and dignitaries, representatives from the Embassy of Nepal in Colombo, leading Sri […]
DFCC Bank PLC has been certified as a Full Member of the Federation of Information Technology Industry Sri Lanka (FITIS) for 2026, marking a step in the Bank’s ongoing effort to strengthen its digital capability and align more closely with the country’s evolving technology ecosystem. As Sri Lanka’s ICT industry body, FITIS brings together technology […]
The Government of Sri Lanka (GoSL) and the Government of the Republic of Korea (ROK) successfully held the Economic Development Cooperation Fund (EDCF) Policy Dialogue 2026 on 28 April 2026 at the Randora Auditorium, Ministry of Finance, Planning and Economic Development. The Meeting was co-chaired by the Government of Sri Lanka and the Republic of […]
Sri Lanka remained resilient through fiscal discipline, structural reforms, strengthened governance and strong international support, despite facing several challenges during recent times, including global uncertainties and tensions, shifting trade conditions and the impact of severe weather, Prime Minister Dr Harini Amarasuriya told the Sri Lanka Maldives Business Forum held in Colombo on May 5. “We […]
In early nineties Sri Lankan manufactures very convince with European raw materials which was always quality consistence and long regarded as a global leader in innovation, is now entering a transformative period. Faced with rising energy costs, stricter environmental regulations, and increasing global competition, the sector must evolve rapidly to remain competitive in the decades […]
Sri Lanka’s tourism sector is embracing digital innovation with “Discover Ceylon,” an immersive virtual experience designed to attract a new generation of global travellers through gaming. Developed by Sea Pony Studios (Pvt) Ltd in collaboration with the Sri Lanka Tourism Promotion Bureau (SLTPB) and endorsed by the Sri Lanka Tourism Development Authority (SLTDA), the initiative […]