Author: LBO
Godrej consumer products consolidates international media operations under WPP media
Godrej Consumer Products Ltd. (GCPL), a leading emerging markets FMCG company, has appointed WPP Media as its global media agency partner for its international business spanning Sri Lanka, Bangladesh, Nigeria, South Africa, Indonesia, Argentina and Chile. EssenceMediacom, part of WPP Media, has already been managing GCPL’s media mandate in India since 2025. The appointment follows […]
Vietjet’s three-day 9.9 sale offers fares from USD90 on flights to Vietnam
Vietjet is giving Sri Lankan travellers another reason to plan their next trip, with a three-day 9.9 sale featuring Eco tickets from USD90 one-way (inclusive of taxes and fees) and 22% off Deluxe base fares on its newly-launched Colombo–Ho Chi Minh City route. The sale runs from 22:30 on 7 September to 21:30 on 10 […]
Renegotiating Plantation Company Leases Mid-Tenure Could Impact FDI: Advocata Institute
Plans to prematurely renegotiate the lease agreements of Regional Plantation Companies (RPCs) set a dangerous precedent against security of tenure and risk discouraging foreign direct investment (FDI) into state-owned lands, the Advocata Institute warned. This follows a statement made by President Anura Kumara Dissanayake, who announced that the government is reviewing existing RPC lease agreements, […]
Abu Dhabi Securities Exchange and Colombo Stock Exchange Sign MoU to Strengthen Capital Market Connectivity
Members of the Sri Lankan Delegation meeting with members of ADX The Colombo Stock Exchange (CSE) and the Abu Dhabi Securities Exchange (ADX) have signed a Memorandum of Understanding (MoU) to strengthen capital market cooperation between Sri Lanka and the UAE. The agreement aims to promote knowledge exchange, enhance, support collaboration across trading technologies and […]
FCCISL, Ministry of Industry Open Talks to Drive SMEs Toward 25% Export Growth
The Federation of Chambers of Commerce and Industry of Sri Lanka (FCCISL) held a high-level bilateral policy dialogue with Chathuranga Abeysinghe, Deputy Minister of Industry & Entrepreneurship Development, on September 3, 2026. The meeting, held at the Ministry’s headquarters in Narahenpita, established a unified roadmap to accelerate regional enterprise growth and integrate the private sector […]
NYK’s new-generation RoRo vessel AZALEA LEADER makes maiden call at Hambantota International Port
Hambantota, Sri Lanka, August 2026: NYK’s Azalea Leader, a new-generation LNG dual-fuel Pure Car and Truck Carrier (PCTC), made its maiden call at Hambantota International Port (HIP) recently, marking another significant development in the port’s growing role as a regional automotive transhipment gateway. Built in 2026 and sailing under the Liberian flag, the nearly 200-metre […]
US -SL Partnership Seizes 463 KG of Crystal Methamphetamine in Joint Counternarcotics Operation
The U.S. Drug Enforcement Administration’s (DEA) New Delhi Country Office and Sri Lanka’s Police Narcotics Bureau (PNB) conducted a successful joint operation disrupting a Pakistan-based narcotrafficking network attempting to smuggle crystal methamphetamine through Sri Lanka to international markets. Acting on intelligence developed by DEA’s Foreign Counterparts Unit Pakistan Anti-Narcotics Force Special Investigations Cell between August 14–29 on suspicious maritime […]
Sri Lanka launches National Food Safety Policy with support from FAO and the European Union
Sri Lanka has reached a major milestone in strengthening its national food control system with the launch of its first National Food Safety Policy, providing a comprehensive framework to safeguard public health, strengthen food systems, and support economic growth through a coordinated, risk-based approach to food safety. Developed under the leadership of the Ministry of […]
Transparency International Sri Lanka Challenges the Anti-Corruption Act Amendment Bill 2026
Transparency International Sri Lanka (TISL) filed a petition on 31st of August 2026, in the Supreme Court challenging the proposed “Anti-Corruption (Amendment)” Bill placed on the Order Paper of Parliament on the 19th of August 2026. The Bill proposes concerning amendments to the Anti-Corruption Act No. 9 of 2023. The petition has been filed in […]
Sri Lanka’s Exports Surpass US$ 10 Bn in First Seven Months of 2026, Maintaining Positive Growth Momentum
Sri Lanka’s export sector continued its positive growth in 2026, with total exports surpassing the US$ 10 Bn milestone during the first seven months of the year. Combined merchandise and services exports are estimated to have reached US$ 10,487.80 Mn during January–July 2026, recording a 5.5 % year-on-year growth compared to the corresponding period in […]
United States and Sri Lanka Build Disaster Response Readiness Through Atlas Angel II
The United States and Sri Lanka will conduct exercise Atlas Angel II from August 31 to September 4, bringing together U.S. and Sri Lankan military personnel and subject-matter experts to exchange expertise and train together in areas critical to disaster response, including C-130 aircraft maintenance, urban search and rescue, incident command systems, construction engineering, landslide response, and chemical, biological, […]
Sri Lanka Extends US$ 1 Million Humanitarian Assistance to Nepal
In a demonstration of Sri Lanka’s solidarity with the people of Nepal following the devastating floods and landslides that have caused loss of life, displacement and widespread destruction, President Anura Kumara Disanayaka has directed the Government to provide a financial contribution of US$ 1 million to Nepal to support its ongoing humanitarian and relief efforts. […]