Sri Lanka Introduces Landmark Food & Beverage Regulations

The Sri Lankan government has announced new restrictions on marketing food and beverages to children, effective January 1, 2025, under the Food (Labelling & Advertising) Regulations 2022.  The Ceylon Chamber of Commerce, through its Food & Beverage Steering Committee, was a key partner in shaping these regulations by providing inputs on food science, nutrition, international […]

CSE Announces the appointment of Vindhya Jayasekera as CEO Designate

The Colombo Stock Exchange (CSE) is pleased to announce the appointment of Ms. Vindhya Jayasekera as the Chief Executive Officer (CEO) Designate, effective 1st January 2025. Ms. Jayasekera will succeed the incumbent CEO, Mr. Rajeeva Bandaranaike, who is due to retire during the course of 2025 after serving for 11 years in that capacity. Ms. […]

CCPI-Based Headline Inflation Remains Negative in December 2024

According to the Central Bank’s near-term projections, headline inflation, as indicated by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100), remained in negative territory for the fourth consecutive month, registering a deflation of 1.7% in December 2024, compared to a deflation of 2.1% in November 2024. Non-Food deflation (Y-o-Y) moderated to […]

Opinion: From Tea to Tech – Can Sri Lanka Break Free from the Consumption Trap?

By Jithendra Antonio Sri Lanka’s economy feels like it’s stuck in a time loop. For decades, the same cycle has repeated—export raw materials, import finished goods, rely on tourism, and hope domestic spending plugs the gaps. But here’s the hard truth: this model is running on fumes. With $8 billion trade deficits, soaring inflation, and […]

SLIM Appoints Chamil Wickremasinghe as CEO

The Sri Lanka Institute of Marketing (SLIM) is pleased to announce the appointment of Mr. Chamil Wickremasinghe as its new Chief Executive Officer, effective 01st January 2025. With over 15 years of dedicated service to SLIM and a remarkable 22-year career in the education industry, Mr. Wickremasinghe brings a wealth of experience and insight to […]

Sri Lanka CERT Appoints New Chairman: Thilak Pathirage

A new  board of directors have been appointed by Secretary to Treasury on the recommendation of his excellency the President Anura Kumara Dissanayake, in his capacity as Minister of Digital Economy. The newly appointed Board, comprising ten members, convened recently, and Mr. Thilak Pathirage, a senior cybersecurity professional was elected as the Chairman. Thilak Pathirage […]

Sri Lanka’s Green Bonds must demonstrate climate impact measurement: MTI

Sri Lanka is witnessing a significant shift towards sustainable finance with Colombo Stock Exchange (CSE) introducing the listing and trading of Green Bonds in 2023. DFCC Bank led the way among financial institutions to issue the first green bond in the country, aimed at funding renewable energy projects particularly in the solar energy sector. This […]

CDS Launches 011 2356 444 as a Dedicated Hotline

The Central Depository Systems (CDS), a subsidiary of the Colombo Stock Exchange (CSE), is pleased to announce the launch of its dedicated hotline, effective from the first week of January 2025. This new initiative is designed to provide stakeholders, including investors and corporate clients, with direct access to CDS for improved query resolution and support. […]

Emirates to introduce additional flights to/from Colombo

Emirates, the world’s largest international airline, will operate an additional scheduled service between Colombo and Dubai, starting from 2 January 2025. The newly-introduced flight, to operate as EK654/655, increases the seat capacity on the route by 30 percent and supports Sri Lanka’s plans to considerably increase tourist arrivals in 2025.  The additional service will operate […]

CCC Clarifies Non-Involvement in Media Statements on Finance Ministry & CBSL Directives

The Ceylon Chamber of Commerce has categorically clarified that it is in no way connected to or involved with the statements recently attributed to “The Sri Lanka Chamber of Commerce” regarding directives issued by the Deputy Minister of Finance and the Central Bank of Sri Lanka. The Chamber confirmed that no employee or representative of […]

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