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The newly elected Sri Lanka Insurance Brokers Association (SLIBA) President Ainsley Alles urged all stakeholders to recognise and support the insurance industry’s vital role in Sri Lanka’s economic restructuring efforts following the devastation of Cyclone Ditwah.
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Sri Lanka’s tourism authorities have set an ambitious revenue target of US $ 4.5 billion for 2026, aiming to attract 2.7 million visitors by shifting focus toward high-spending demographics and untapped geographical markets to overcome the recent revenue stagnation.
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Sri Lanka’s apparel industry posted a 5.42 percent growth in exports in the first 11 months of 2025, defying the uneven global demand and margin pressures, even as the shipments contracted slightly in November, the data released by the Joint Apparel Association Forum (JAAF) showed.
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Sri Lanka’s 2,333,797th tourist for 2025, Prof. Felix Pereira (second from right) from India, arrived at Bandaranaike International Airport yesterday (December 29, 2025) on UL 162. They were welcomed by Tourism Development Deputy Minister Ruwan Ranasinghe and Sri Lankan Tourism Promotion Bureau Chairman Buddhika Hewawasam.
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The ASPI closed in green as a result of price gains in counters such as Colombo Dockyard, Hatton National Bank and Richard Pieris & Company with the turnover crossing Rs. 3.7 Bn. Meanwhile, the S&P SL20 edged down. High net worth and institutional investor participation was noted in Colombo Dockyard PLC rights, DFCC Bank and John Keells Holdings. Mixed interest was observed in Colombo Dockyard, Commercial Bank and Richard Pieris & Company whilst
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Johnson Anthony Fernando, popularly known as Johnny Fernando, has been elected as the Chairman of the International Chamber of Commerce (ICC) Sri Lanka. A businessman with a reputation both locally and internationally, Fernando has served as a director of ICC Sri Lanka for nearly two decades and brings extensive senior leadership experience from the ICC’s regional network to his new role. An alumnus of St. Joseph’s College, Colombo, Fernando is a
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People’s Bank, one of Sri Lanka’s leading state-owned commercial banks, has taken steps to provide concessions and financial support to strengthen and uplift small and medium-sized businesses (SMBs) affected by the recent Cyclone Ditwah.
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As the holiday and year end travel season has approached, the Bank of Ceylon (BOC) highlights the convenience and security of its Multi-Currency Travel Card (MCTC), designed to make international travel seamless for Sri Lankans.
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Kristall Spaces Lanka (Pvt) Ltd, an associate of the award-winning Austrian developer Kristall Group, has officially unveiled All-Suite Resort Talpe Heights. Situated along Sri Lanka’s “Golden Mile” adjacent to Dalawella Beach, between Unawatuna and Talpe, this BOI-approved development comprises 56 luxury oceanfront condominiums. The project, launched in Sri Lanka, offers investors premium residences with prices starting from Rs. 50 million for
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Picture shows the recipients of the Certified Competency Mapper and Certified Corporate Trainer programmes of the Global Academy of Finance and Management (GAFM), an international professional certification body, conducted under the GAFM Sri Lanka Chapter—an official supporting organization—at the Asian Digital Finance Forum and Awards 2025, held at Port City Colombo.
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As 2025 draws to a close, Sri Lanka is set to record its highest revenue intake and lowest fiscal deficit in many decades, with data for the first 11 months showing only a fraction of the deficit recorded in 2024.
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The Colombo Stock Exchange (CSE) concluded Monday’s session on a mixed note following an eventful day of trading. The market opened with strong positive momentum, with the All Share Price Index (ASPI) rallying to the 22,200 level, gaining as much as 135 points intraday, before easing into a sideways trajectory and closing modestly higher.
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Sri Lanka’s tourism industry is on the verge of a historic milestone as year-end arrivals move within striking distance of the all-time high recorded in 2018, according to the latest data from the Sri Lanka Tourism Development Authority (SLTDA).
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Digital Mobility Solutions Lanka PLC (PickMe) has formally written to the Inspector General of Police (IGP) expressing grave concern over escalating incidents of intimidation, violence, and unlawful interference directed at independent transport providers in key tourist locations.
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Sri Lanka’s market for laptops and computer equipment is being increasingly distorted by illegal imports, counterfeit products, and used devices entering the country outside formal controls, the Federation of Information Technology Industry Sri Lanka (FITIS) warned.