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…
MAC Holdings contributes Rs. 5 million to ‘Rebuilding Sri Lanka’ Fund
MAC Holdings (Pvt) Ltd. contributed Rs. 5 million to the Government’s ‘Rebuilding Sri Lanka’ Fund, established to support communities affected by Cyclone Ditwah. The cheque was officially handed over at…
LOLC Group delivers strong operating growth as diversified platform gains further scale
*Gross income reaches Rs. 430 billion *Results from operating activities increase by 49% to Rs. 72 billion * Total assets exceed Rs. 2.3 trillion * Total equity increases to Rs.…
Canadian Chamber of Commerce in Sri Lanka host press interaction with members
The Canadian Chamber of Commerce in Sri Lanka (CanCham Sri Lanka) recently hosted a strategic press interaction with members of the business media at CanCham House in Colombo recently. The…