Rupee devaluation mixed impact to Lanka’s event management -EMA Chief
Rupee devaluation will have both a positive and challenging impact on Sri Lanka’s event management industry increasing affordability for foreign clients, boosting demand, and local revenue. However, it raises costs…
HayWind Receives First 25 MW of Turbines for Mannar Wind Farm
HayWind One Limited, the wind energy arm of Hayleys Fentons Limited, has achieved a major milestone in the development of its 50 MW Wind Farm Project in Mannar, with the…
Yasas Hewage assumes duties as Chairman of IDB
Yasas Hewage assumed duties as Chairman of the Industrial Development Board (IDB) on June 1 2026, taking leadership of one of Sri Lanka’s longest-standing enterprise development institutions with a proud…
Sri Lanka moves to strengthen regulatory framework
Sri Lanka is taking significant steps to establish a comprehensive regulatory framework for Virtual Asset Service Providers (VASPs), as authorities work to align the country’s digital asset sector with international…
EDB moves to expand islandwide testing and certification facilities
The Sri Lanka Export Development Board (EDB) has taken steps to implement a comprehensive plan to expand testing and certification facilities across the island, addressing one of the most significant…
VELLA signs USD 5.1 M agreement with BOI to transform 98 Acres Resort and Spa
Uva Greenlands Estate (Pvt) Ltd has signed a landmark agreement with the Board of Investment of Sri Lanka (BOI) on 29th May, marking a defining milestone in the evolution of…
VietJet Air Colombo office opened by ambassador of Vietnam to Sri Lanka
VietJet Air officially marked the opening of its Colombo office at a special ceremony inaugurated by Trinh Thi Tam, Ambassador of Vietnam to Sri Lanka. The airline’s operations in Sri…
Lanka must establish itself as attractive investment destination
The government’s success in stabilizing the economy has been overshadowed by the challenge of reforms essential for attracting quality investments. Such investments are vital for inclusive growth and competitive productivity…
National Cleaner Production Awards 2026 and Int’l Conference on November 6
Today, sustainability is no longer simply an option, but necessity. Around the world, industries are rapidly transforming to meet new environmental and sustainability expectations, Thilaka Jayasundara, Secretary, Ministry of Industry…
Research and innovation key to Sri Lanka’s economic growth, – Prof. Ashoka Jayaweera Bandara
Strengthening Sri Lanka’s research and innovation sector is essential for achieving long-term economic prosperity, according to Prof Ashoka Jayawira Bandara, an inventor and academic who holds eleven world patents for…