Ministry of Industry and Entrepreneurship Development and the Industrial Development Board (IDB) launched the first phase of the Industry Revival Facilitation Programme (IRFP), to assist industries affected by the Ditwah cyclone that struck Sri Lanka in late November 2025 on March 10, under the patronage of Deputy Minister of IndustryContinue Reading
The convener of the Central Province Drinking Water Bottle Manufacturers Association, Sapumal Kumara, emphasizes the bottled water industry has a huge potential to boost as a foreign reserve generation industry. To reach this target it should find new foreign markets, where there is a scarcity of drinking water supply. HoweverContinue Reading
Continuing to strengthen its islandwide after-sales network, David Pieris Motor Company (Private) Limited (DPMC) ceremonially opened the DPMC Workshop Express in Ambalangoda. Strategically located at No. 24, Galle Road, Urawatta, Ambalangoda, the new Workshop Express is positioned in a highly convenient and easily accessible location, ensuring seamless access for BajajContinue Reading
Seylan Tikiri revived the Tikiri Student Savings Centre at S. Thomasโ Preparatory School during the recent Grade 1 enrolment day. On the same day, parents took an important first step towards their childrenโs future by opening Tikiri accounts, helping young minds learn the value of saving and smart money managementContinue Reading
LAUGFS Rubber has secured the Gold Award for the fifth consecutive year in the Extra-Large Category โ Rubber Tyres and Accessories Sector at the NCE Export Awards 2025, organised by The National Chamber of Exporters of Sri Lanka. This top-tier recognition celebrates the Companyโs exceptional performance in international trade, reflectingContinue Reading
Alliance Finance Company PLC (AFC) has been recognised as the Runner-up in the Other Financial Services Category at the ACCA Sri Lanka Sustainability Reporting Awards 2024/25. According to the official Judgesโ Report, AFCโs recognition was attributed to the issuance of Sri Lankaโs Green Bond and the dual listing of itsContinue Reading
Global airlines are beginning to raise ticket prices as the escalating Middle East conflict drives a sharp surge in oil and jet fuel costs, placing renewed pressure on the international aviation industry. Many airlines announced on Tuesday that it has increased fares across its network in response to soaring jetContinue Reading
Dongfeng, a leading automotive brand represented locally by Euro Motors (Private) Limited, recently opened the doors to an all-new state-of-the-art showroom located at 214, High Level Road, Nugegoda. Reputed as one of Sri Lankaโs most premium commercial vehicle showrooms in the country, the new facility sets a benchmark for industryContinue Reading
Sri Lankaโs luxury landscape marks a defining milestone with the rise of Elvoir, a local fragrance powerhouse positioning the nation on the global perfumery map. In a historic first for the country, Elvoir stands as Sri Lankaโs first and only certified perfumer led fragrance brand, signalling a new era forContinue Reading
Sri Lanka is better prepared to deal with the economic shocks that may arise from the increase in oil prices in the global market today, compared to the severe financial crisis of 2022, says Central Bank Governor Dr. Nandalal Weerasinghe. โAs long as there is oil in the global market,Continue Reading