Category: Companies
Sri Lanka Exporters Invited to Apply for Sri Lanka Expo 2026 International Trade Exhibition
The Sri Lanka Export Development Board (EDB) has made an announcement to the Sri Lankan export community that the ‘Sri Lanka Expo 2026’, an international trade exhibition, will be organised with the primary objective of connecting local businesses with international buyers and investors. This major exhibition is scheduled to be held over four days from […]
CDS Accounts on the Increase. Crosses One Million Accounts
Central Depository Systems (Pvt) Ltd (CDS), a subsidiary of the Colombo Stock Exchange (CSE), has reached a milestone as total registered accounts surpassed the 1 million mark. This achievement coincides with the approach of the organization’s 35th anniversary in September 2026, marking three and a half decades of providing depository infrastructure for the Sri Lankan […]
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 […]
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’s Central Bank keeps the overnight policy rate (OPR) unchanged
At its meeting held yesterday, the Monetary Policy Board decided to keep the Overnight Policy Rate (OPR) unchanged at 7.75%, citing an assessment of recent domestic economic developments, the outlook ahead, and continuing global uncertainty. The Board is of the view that the current monetary policy stance will support steering inflation towards the target of […]
Sri Lanka’s apparel exports grow 5.4-pct in Dec 2025; full-year exports top USD5Bn
Sri Lanka’s exports of apparel and made-up textile articles (HS Chapters 61, 62 and 63) rose to US$447.21 million in December 2025, up 5.43% from US$424.18 million in December 2024, according to industry export statistics. Growth was recorded across the three main destination markets. Exports to the USA increased 6.49% year-on-year to US$178.29 million (from […]
Rising climate risks and poverty in focus at CEPA policy panel today, Open University
The Centre for Poverty Analysis (CEPA), in collaboration with the Centre for Environmental Studies and Sustainable Development of the Open University of Sri Lanka, will host a high-level policy panel titled “Facing the Future: Environmental Disastersand Poverty in Sri Lanka”on 26 January 2026, from 3.30 p.m. to 6.00 p.m., at the Auditorium of the Faculty […]
CBL Group acquires Indonesian coconut processor in USD 25m expansion push
CBL Group, one of Sri Lanka’s largest diversified food manufacturing conglomerates, announced the strategic acquisition of PT Tri Jaya Tangguh Indonesia (TJT), a large coconut processing facility, with an investment of over USD 25 million. TJT has a workforce of over 800 employees. The investment was supported by the International Finance Corporation (IFC), a member […]
Sunshine Holdings to acquire 75-pct stake in Joint Agri Products Ceylon
Sunshine Holdings PLC (SUN), one of Sri Lanka’s diversified conglomerates, announced its intention to acquire a 75% stake in Joint Agri Products Ceylon (Private) Limited (JAPC), a leading export-oriented company, subject to the conditions in the Share Purchase Agreement (SPA) signed on 21 st January 2026. The signing of the SPA took place at Sunshine […]
Softlogic Life secures long-term growth capital from Norfund and OP Finnfund
Sri Lanka’s top notch insurer Softlogic Life Insurance PLC has secured a USD 15Mn landmark 5-year Tier 2 loan facility from Norfund and OP Finnfund Global Impact Fund I, that will be the initial part and set the next phase of growth for the immensely successful life insurer that has established itself as the industry […]
TikTok releases Q3 2025 community guidelines enforcement report
TikTok has released its Q3 2025 Community Guidelines Enforcement Report, showcasing its ongoing commitment to creating a safe digital space for its users. The report, which covers data from July to September 2025, details the proactive steps TikTok has taken to identify and remove content that violates its Community Guidelines, ensuring a positive experiencefor its […]
The Chamber of Northern Exporters (CNE) Delivering Goods and Services From Jaffna and the Northern Province
By Jekhan Aruliah We have heard it so many times, “We must export more!”. We have heard it from politicians and economists and assorted commentators of assorted quality through miscellaneous channels. “We must export more” deserves the internet acronym SOTBO. Internet slang for a “Statement Of The Bleeding Obvious”. A statement so basic, so self-evident, […]