Category: Industry
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 […]
OPINION – Northern Investment Summit, Jaffna January 2026
By Jekhan Aruliah When the topic of the Northern economy comes up, Jaffna is often criticized for living on remittances. Small transfers, perhaps a hundred US dollars a month, sent by hard working people overseas to their families in Jaffna and the Northern Province. These gifts are said to be ruining Jaffna youth and the […]
Pine Labs expands its footprint by deploying an API-first Card Issuing & Processing Platform for PABC
One of Sri Lanka’s largest listed entities, the Pan Asia Banking Corporation (PABC) and global fintech platform Pine Labs have today announced a partnership that will see the fintech major implementing an end-to-end card management platform for the bank. Under this partnership, Pine Labs will deploy a full-stack Credit Card Management System for Pan Asia […]
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 […]
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 […]
Sri Lanka Chamber of the Pharmaceutical Industry donates Rs. 50 million to ‘Rebuilding Sri Lanka’ Fund
The Sri Lanka Chamber of the Pharmaceutical Industry (SLCPI) today announced a Rs. 50 million donation to the Government’s ‘Rebuilding Sri Lanka’ Fund, established to support national recovery efforts following the recent disaster. The financial contribution was formally presented by the SLCPI Executive Committee to the Minister of Health and Mass Media, Dr. Nalinda Jayatissa, […]
Southern Cross University brings Bachelor of Business to Sri Lankan students at NSBM Green University
Southern Cross University (SCU), one of Australia’s leading public universities, in partnership with NSBM Green University, is opening doors for Sri Lankan students to earn a globally recognised Australian Bachelor of Business – right here at home. The landmark launch, taking place from 19 to 21 February 2026 at NSBM Green University, brings together the […]
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 […]
Land Prices in Outskirts Soar as City Growth Stabilises – LPI 2025
The Sri Lankan land market maintained solid growth in 2025, with Colombo suburbs and Western Province districts emerging as key drivers, according to the latest Land Price Index (LPI) 2025 (updated), published by LankaPropertyWeb (LPW). The 2025 index shows that Colombo 1–15 recorded a 4% year-on-year increase in average land prices per perch, reaching LKR […]
Port City Colombo Moves Into Active Development as Its First Residential Project Breaks Ground
Sri Lanka’s most ambitious urban development project reached a critical execution milestone, as construction officially commenced on the first residential development within Port City Colombo. The milestone marks the transition of the country’s flagship Special Economic Zone (SEZ) from regulatory readiness to active private-sector delivery. The project, Bay One Residences Colombo, is being developed by […]