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Celebrating progress and partnerships: EZVIZ’s new product launch in Sri Lanka
EZVIZ, a global leader in smart home security solutions, proudly hosted its event, ‘EZVIZ: LEADING SMART HOME EMPOWERMENT 2025’ at Cinnamon Life last week. The event brought together esteemed partners, distributors, and stakeholders to celebrate their remarkable journey in Sri Lanka, express gratitude to their valued partners, and unveil the latest innovations designed specifically for […]
Strengthening Sri Lanka’s reputation for responsible sourcing
Sri Lanka’s apparel industry has long been held up as a leader in ethical manufacturing, and that reputation has been further validated by a strong endorsement from Avedis Seferian, President and CEO of Worldwide Responsible Accredited Production (WRAP). In a recent discussion with the Joint Apparel Association Forum (JAAF), Seferian emphasized how independent certification has […]
CCPI in March 2025 signals easing of deflationary conditions
In line with the Central Bank’s near term projections, deflationary conditions commenced easing in March. Headline inflation, as measured by the year-on- year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100) 1 remained in the negative territory for the seventh consecutive month, yet recorded a slower deflation of 2.6% in March 2025 compared […]
Shyam Sathasivam succeeds veteran leader Vish Govindasamy at Sunshine Holdings PLC
Sunshine Holdings PLC (CSE: SUN) announced that Vish Govindasamy will be stepping down from his executive role within the Group to a Non- Executive role as Deputy Chairman after an illustrious 28-year journey marked by bold leadership, transformative innovation, and deep-rooted commitment to responsible entrepreneurship. Govindasamy will continue to support the Group in an advisory […]
Xapp by NDB Wealth Simplifies Investing for Everyone
NDB Wealth introduces Xapp, a seamless digital investment platform designed to remove barriers to investing and make wealth-building more accessible than ever. Many individuals hesitate to invest due to complexity, market uncertainty, and the traditionally cumbersome process of managing investments. Xapp is set to change this by offering an intuitive, user-friendly experience that makes investing […]
CMA CGM SILVERSTONE Makes Maiden Call at Hambantota International Port
The Hambantota International Port (HIP) welcomed vessel CMA CGM Silverstone, a pure car carrier operated by CMA CGM, marking her first-ever call at a Sri Lankan port. This milestone emphasises the growing significance of HIP as a regional hub for vehicle transshipment. The 200-meter-long, LNG powered, CMA CGM Silverstone sailing under the Maltese flag, was […]
TISL Welcomes IMF Structural Benchmark on Asset Declarations
Transparency International Sri Lanka (TISL) welcomes the introduction of a new Structural Benchmark in the IMF’s Third Review Agreement, addressing gaps in implementing the Asset Declarations system under the Anti-Corruption Act of 2023. This is a significant step toward ensuring public access to asset declarations—a long-standing reform for which TISL has strongly advocated. The benchmark […]
Fitch Assigns State Mortgage &” Rating; Outlook Stable
Fitch Ratings has assigned Sri Lanka-based State Mortgage & Investment Bank (SMIB) a first-time National Long-Term Rating of ‘BB(lka)’. The Outlook is Stable. Key Rating Drivers Intrinsic Profile Drives Rating: SMIB’s rating reflects its standalone financial strength and factors in its weaker-than- peers funding profile that has led to balance sheet mismatches. Risk controls are showing […]
& Zenbook 14
ASUS, a Taiwanese tech giant is set to push the boundaries of innovation with its latest lineup of AI-powered laptops offering versatile performance, stunning design, and multiple use case options for enhanced productivity and entertainment. The brand’s first lineup of 2025 not only caters to a new segment but also makes AI more accessible than […]
CFA Society Sri Lanka and Deloitte Lead the Way in Green Bond Investments
As the global financial landscape increasingly shifts towards sustainability, CFA Society Sri Lanka (CFASSL) and Deloitte have partnered to present a pioneering program on Green Bonds. This initiative, set to take place on April 2, 2025, at the Galle Face Hotel, aims to provide finance professionals, corporate leaders, and regulatory bodies with critical insights into […]