Author: LBO

CA Sri Lanka Hails Historic Appointment of First Ever Female Auditor General

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), as the national body of accountants has hailed the historic appointment of Chartered Accountant, Ms. Samudika Jayaratna, as the country’s first female Auditor General. In a statement, CA Sri Lanka also expressed its gratitude to His Excellency President Anura Kumara Dissanayake for nominating Ms. […]

Advocata calls on govt to commit to permanently ending vehicle permit schemes

Advocata warns revival of vehicle permits threatens governance credibility, public trust and economic reform and strongly cautions against government consideration to allow vehicle imports for high-ranking government officials who received permits upon retirement.  According to statements in Parliament, 1,900 permits have already been issued under this concessional scheme for senior officials, with 563 permits issued in 2025 alone. […]

ComBank partners GAIA Greenenergy to accelerate adoption of Green Loans & Leases

Reinforcing its long-term commitment to sustainability, The Commercial Bank of Ceylon has entered into a strategic partnership with GAIA Greenenergy Holdings to expand access to the Bank’s Green Loans and Green Leases, offering employed and self-employed customers more affordable pathways to adopt solar power.  The partnership was formalised with the signing of a Memorandum of […]

LANKATILES expands Southern footprint with second showroom in Galle

Sri Lanka’s leading tile manufacturer, LANKATILES, proudly announces the grand opening of its 58th showroom and second in the Galle  located at No. 145, Matara Road, Pettigala Watta, Galle. This latest addition marks a significant milestone in LANKATILES’ continued journey of design excellence, innovation, and trusted service built over more than five decades. Inspired by […]

apparel

New leadership at SLCGE pledges policy advocacy to strengthen SME apparel exports

TheSri Lanka Chamber of Garment Exporters (SLCGE)held its28th Annual General Meeting (AGM) in Colombo, marking a significant leadership transition and signalling a renewed policy-driven focus on enhancing the competitiveness of Sri Lanka’s small and medium-scale apparel exporters. A key highlight of the AGM was the conclusion of Mr. Bandula Fernando’s distinguished 13-year tenure as President […]

Sri Lanka Opens First Country Pavilion at Source Fashion Apparel Exhibition – London

Sri Lanka’s apparel industry marked a milestone with its first country pavilion at Source Fashion 2026. The exhibition was held from 13 to 15 January 2026 at Olympia London, one of Europe’s leading apparel sourcing events. The pavilion was officially inaugurated on 13 January with a ribbon-cutting ceremony. High Commissioner of Sri Lanka in the […]

CFA Society Sri Lanka to Host Learning Programme on Credit Research Fundamentals

CFA Society Sri Lanka announced that it will conduct a half-day learning programme on “Understanding the Fundamentals of Credit Research”, in collaboration with Acuity Analytics, on Monday, 16 February 2026, from 8:30 a.m. to 12:30 p.m. at the Courtyard by Marriott, Colombo City Centre. Commenting on the objective of the programme, Aruna Alwis, CEO, CFA […]

Opinion: Sri Lanka’s FDI dilemma as profit repatriations surge

By Indika Hettiarachchi indika.h@jupitercapitalpartners.com Recently the head of the Board of Investment (BOI), the apex body in charge of promoting FDI in the country reportedly resigned. It was also reported the outgoing head of BOI saying “Without concessions, Sri Lanka needs hard reforms to attract FDI”. These developments suggest emerging challenges in attracting FDI as […]

Strengthening Sri Lanka’s SSB Regulations: Addressing the Rise of Non-Sugar Sweeteners

By Priyanka Jayawardena, Research Economist, Institute of Policy Studies of Sri Lanka (IPS) Non-communicable diseases (NCDs) accounting for nearly 75% of all deaths, have emerged as a major health challenge in Sri Lanka over the past few decades. Unhealthy dietary patterns – including excessive intake of sugar, salt, and fats – continue to play a […]

ComBank to boost WSME, Agri SME financing with IFC’s USD 60 Mn Risk Sharing Facility

Reinforcing its position as Sri Lanka’s largest lender to small and medium enterprises (SMEs), the Commercial Bank of Ceylon has partnered with the International Finance Corporation (IFC), a member of the World Bank Group, to significantly expand the Bank’s capacity to lend SMEs nationwide.  Under this partnership, IFC will provide risk cover for a US$60 […]

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