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Ceylon Chamber to Host High-Level Business Delegation from Bangladesh for Trade & Investment Talks
The Ceylon Chamber of Commerce, in collaboration with the Sri Lanka – Bangladesh Business Council, will host a visiting business delegation from the Dhaka Chamber of Commerce & Industry (DCCI), Bangladesh, on 17 June 2025 at the Hilton Colombo Residence. The delegation comprises 24 representatives from 22 Bangladeshi companies, spanning a wide range of sectors […]
‘s impeachment
An intense public feud erupted between President Donald Trump and his one-time ally, billionaire Elon Musk, with an argument about Trump’s massive tax and domestic policy bill raging across social media and in the Oval Office.
Amana Takaful General PLC and Seylan Bank PLC Forge Game-Changing Bancassurance Alliance
In a significant move to reshape the landscape of insurance accessibility in Sri Lanka, Amana Takaful General PLC, one of the nation’s fastest-growing insurance providers, has entered into a strategic bancassurance agreement with Seylan Bank PLC, a trusted name among Sri Lankan banks. The partnership marks a milestone in customer-centric innovation, allowing Seylan Bank customers […]
Port City Colombo & University Of Moratuwa Host First-ever ‘smart City Ideathon’ To Advance Urban Innovation
Port City Colombo, in collaboration with the Department of Town and Country Planning of the University of Moratuwa, has launched the inaugural “Smart City Ideathon: Innovate, Plan, and Transform Urban Futures of Port City Colombo” workshop. Hosted at the Sales Gallery, the pioneering initiative aims to explore innovative and practical approaches to urban planning, design, […]
Navigating Global Trade Shifts: Sri Lanka Exports for Global Success
By Shiran Fernando Chief Economic Policy Advisor at The Ceylon Chamber of Commerce Sri Lanka has weathered a relentless succession of economic shocks in recent years. The turmoil began with the constitutional crisis in 2018, followed by the tragic Easter Sunday attacks in 2019. As the country began charting a path to recovery, the COVID-19 […]
CIC Holdings delivers resilient FY25 results with 9-pct topline growth
Agriculture-rich diversified conglomerate CIC Holdings PLC (CSE: CIC) recorded steady revenue growth during the year ended 31 March 2025 (FY25), navigating macroeconomic headwinds and intense competition. The Group posted consolidated revenue of Rs. 83.3 billion, reflecting a 9.0% year-on-year (YoY) growth, driven by broad-based momentum across its core businesses. Group gross profit rose to Rs. […]
Samsung Sri Lanka unveils One UI 8 beta program: Pioneering AI for new Galaxy foldables
Samsung Electronics has officially announced the launch of its One UI 8 Beta Program, marking the dawn of a new generation in mobile software intelligence. Sri Lankan users can look forward to a revolutionary AI experience with the upcoming One UI 8, designed to redefine how Galaxy devices interact with their users. This first-generation upgrade […]
Transforming Sri Lanka: Paving the path from traditional to digital economy
The Old Boys’ Association (OBA) of Maris Stella College, Negombo, proudly announces the upcoming edition of its flagship annual College Day oration and panel discussion, Maris Panorama 2025, scheduled to take place on 6th June 2025, from 5:30 PM to 7:30 PM at Hotel Grandeeza, Negombo. Recognized as a nationally relevant platform for discourse on […]
CDS and Sampath Bank sign MOU to Streamline Foreign Investor Onboarding through Digital Integration
The Central Depository Systems (Pvt) Limited (CDS), a wholly owned subsidiary of the Colombo Stock Exchange (CSE), signed a Memorandum of Understanding (MoU) with Sampath Bank PLC to enhance the facilitation of Inward Investment Accounts (IIAs) for non-resident foreign individuals (FIs) in Sri Lanka. The CDS serves as the depository and custodian for securities traded […]
Range of Global Geopolitical Risk Scenarios is Widening: Fitch Ratings
Rapid shifts in foreign policy positions and a more bilateral and transactional US foreign policy may contribute to global geopolitical volatility in the next few years, amplifying uncertainty in geostrategic hotspots, says Fitch Ratings. Geopolitics has become an increasingly relevant risk for global credit, with rising geostrategic competition between the US and China, the Russian […]