Business and Economy (Page 7)

Verteil Technologies, a leading global NDC-first technology provider transforming airline distribution and modern retailing, proudly announces the appointment of Mack Air as its General Sales Agent (GSA) and the official launch in Sri Lanka with an exclusive industry breakfast event held at JAIC Hilton Colombo. This strategic collaboration marks Verteil’sContinue Reading

i Grid Holdings, a Sri Lankan company founded in 2016 and recognised with numerous awards in the solar industry over the past decade, has entered the electric mobility sector with the launch of the i BIKE SLI 100 a modern electric scooter designed specifically for Sri Lankan roads and lifestyles.Continue Reading

Two leaders in travel come together to open Emirates Wolgan Valley, a Ritz-Carlton Lodge in mid-2026, signifying the global debut of ‘The Ritz-Carlton Lodge’ and a milestone project for New South Wales’ regional luxury tourism Emirates and Marriott International, Inc. (NASDAQ: MAR) have signed an agreement to open Emirates Wolgan Valley,Continue Reading

Hayleys Agriculture Holdings Limited reaffirmed its commitment to transforming the Sri Lankan agriculture industry at the Jaffna International Trade Fair 2026, which was held from 23rd to 25th January at the Muttraweli Grounds in Jaffna. The company’s presence at the exhibition underscored its focus on bringing modern agricultural technology andContinue Reading

Chokolaate, Sri Lanka’s leading youth-centric media platform, announced the official call-out for designers to participate in the much-anticipated Mother-Daughter Fashion Designer (MDFD) contest. Now in its 16th year, MDFD continues its legacy as one of the island’s most influential creative platforms for emerging fashion talent. Organised annually by Chokolaate Magazine — foundedContinue Reading

David Pieris Logistics (Private) Limited (formerly D P Logistics (Pvt.) Limited), the logistics arm of the David Pieris Group of Companies, officially inaugurated Jaffna’s first-ever purpose-built, multi-user logistics facility, marking a significant milestone in the development of modern logistics infrastructure in Sri Lanka’s Northern Province. Mr. David Pieris, Founder &Continue Reading

Altair Residences have, over the past six months, seen more than 100 individual title deeds being executed by apartment owners, providing owners with a clear, registered, legal title to their apartments in accordance with Sri Lankan property law. This has been a key initiative by the new owners and managementContinue Reading

Sri Lanka has long been an outlier in the extent to which it grants tax concessions, former Chief Economic Adviser to the Government of India Arvind Subramanian said, warning that such policies lay at the heart of the country’s persistent fiscal and macroeconomic troubles. Speaking on the sidelines of TheContinue Reading

Q :How would you assess Sri Lanka’s economic recovery after the Ditwah? What has been the most pressing challenge in the aftermath? A: Sri Lanka’s recovery after the Ditwah has been gradual but increasingly visible, characterized by improvements in macroeconomic stability, a noticeable easing of inflationary pressures, and the gradualContinue Reading