Sri Lanka will focus on promoting untapped destinations across the island nation for tourism, President Anura Kumara Dissanayaka said while presenting the budget 2025.

Sri Lanka’s canned fish manufacturers are seeking the removal of the 18 percent VAT imposed on locally produced canned fish to ensure accessibility for low-income families to the cheapest source of protein in order to tackle malnutrition among lowe

The Sri Lanka Pharmaceutical Manufacturers Association (SLPMA) urged the government to create a level playing field for domestic pharmaceutical manufacturers to compete with imported pharmaceutical products.

Tourist arrivals to Sri Lanka continue to maintain momentum, with over 115,000 visitors entering the country within the first 13 days of February.

Hayleys PLC reported some robust performance for its third fiscal quarter ended in December 2024, propelled by most of its key business lines as plantations,

The festive December 2024 saw credit card holders swiping their card the most last year with the outstanding card balance shooting up, bringing almost the entire growth in the card debt for 2024 in one single month.

Renewable energy provider WindForce PLC delivered steady growth over the first nine months of the 2024/2025 financial year, with higher revenue across its segments.

Lions Brewery reported a strong top and bottom line for the quarter (3Q25) and nine months ended 31 December 2024, despite external volatilities stemming from global supply chain disruptions and geopolitical tensions.

The domestic market has experienced a surge in coconut prices due to the gap between supply and demand.

The International Construction Consortium (Pvt.) Limited (ICC), a leading contractor, developer and an engineering solutions provider in Sri Lanka, is revolutionising modern housing solutions with the introduction of Prefabricated Collapsible Homes.

HNB Assurance recently concluded its much-anticipated Partnership Life 2025 event, a gathering dedicated to recognising the exceptional contributions of its Partnership Channel in 2024, while outlining its vision for 2025.

Phoenix Industries, a leading household product brand in Sri Lanka, launched its innovative New Collection 2025 at Port City, Colombo, recently.

Taking yet another innovative step forward, Ambewela recently relaunched its cheese range, a move designed to align its premium dairy offerings with a range to cater to the evolving needs of consumers.

Wurth Lanka (Pvt.) Ltd has been awarded the top award for all global competitions within Wurth Group’s 85 craft line companies for the second consecutive year in 2024.

In a demonstration of sustainable business practices, Pelwatte Dairy Industries Limited and Solidaridad Asia Network,

Employers’ Symposium 2025, organised by the Employers’ Federation of Ceylon (EFC), which is a much looked forward to event among the EFC’s member companies and other business stakeholders, will take place on February 28, at Monarch Imperial.

Sunshine Holdings PLC celebrated an extraordinary milestone at the prestigious SLIM National Sales Awards (NSA) 2024, with 14 outstanding sales professionals earning national recognition.

DFCC Bank announced its strategic partnership with David Peiris Renewable Energy to promote the adoption of solar energy solutions among individuals and businesses.

MullenLowe Group, Sri Lanka’s largest brand communications company, retained its position as Effie Agency of the Year for 2024 for the second consecutive year at the recently concluded Effie Awards ceremony.

In a shining example of sustainable tourism, Yakaduru Yala, an innovative eco-safari lodge on the fringes of Sri Lanka’s Yala National Park, has received Booking.com’s esteemed Traveller Review Award, with a 9.6 rating for 2025.

eMarketingEye, a leading digital marketing agency specialising in the travel and hospitality industry, has been honoured with the prestigious Best SME Exporter of the Year award, at the 26th Presidential Export Awards 2023/24.

Sri Lanka’s inflation is expected to increase “sizeably” in the third quarter this year (3Q25), with the possibility of it hovering around 2 percentage points above the inflation target in mid-2026, the Central Bank of Sri Lanka (CBSL) said in

President Anura Kumara Dissanayake

As artificial intelligence (AI) evolves from being a technological buzzword to a business imperative, a recent study commissioned by Microsoft to the International Data Corporation (IDC), titled ‘The Business Opportunity of AI’, reveals a crucial

A group of Ride for Ceylon participants from the UK and Canada recently touched down in Colombo, having opted to fly SriLankan Airlines for the event, which commenced on February 12 and ends today.

The ASPI closed in green as a result of price gains in counters such as Ceylinco Holdings, Melstacorp and Hayleys with the turnover crossing Rs. 4.8 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor part

Demonstrating a strong commitment to sustainability and ecological preservation, Hutch Sri Lanka has joined forces with Rainforest Protectors Sri Lanka to launch a transformative rainforest restoration project in the Rajawaka Forest Reserve, Balangod

AB Mauri Lanka is set to commemorate International Women’s Day 2025 with its flagship event “Empower Her”, on March 2 at the Sheraton Colombo Hotel, Colombo.

The Lady Ridgeway Hospital for Children (LRH), renowned for its tireless efforts in advancing pediatric healthcare, has joined hands with Medicare 2025 as a strategic partner under the banner of the Corporate Social Responsibility (CSR) programme,

In celebration of World Education Day 2025, Empire Teas (Pvt)Ltd reaffirms its strong commitment to nurturing young minds and fostering leadership. Located at Kelanimulla, Angoda, Sri Lanka, the company remains dedicated to shaping a brighter and mor