PickMe Launches Colombo Connect as First Flagship Destination Under New PickMe Explore Platform

Lotus Tower becomes the first destination connected to a city-wide digital ecosystem linking Colombo’s attractions, culture, entertainment and commerce. PickMe yesterday launched Colombo Connect, the first city-wide destination to be introduced under its newly unveiled PickMe Explore platform, a national digital ecosystem designed to connect attractions, experiences, events and communities through a single technology platform. […]

Cabinet Approves Gazetting and Submission to Parliament of Key Judicial Reform Bills

Following initial Cabinet approval on July 27, 2026, approval has been granted to publish the Twenty-second Constitutional Amendment Bill and the Judiciary (Amendment) Bill in the Government Gazette and subsequently submit them to Parliament. Drafted by the Legal Draftsman and granted constitutional clearance by the Attorney General, the proposed legislation submitted by the Minister of […]

BASL Unanimously Passes Resolution Against Proposed Judges’ Retirement Age Amendment

A Special General Meeting of the Bar Association of Sri Lanka (BASL) today unanimously passed a resolution strongly opposing proposed constitutional and statutory amendments to increase the retirement age of judges. The resolution follows the Cabinet of Ministers’ conditional approval on July 27, 2026, of a proposal submitted by the Minister of Justice and National […]

Ceylon Chamber Welcomes Reduction in US Labour-Related Tariff

The Ceylon Chamber of Commerce welcomes the positive development in the reduction of the labour-related tariff imposed on Sri Lankan exports to the United States, from 12.5% to 10%, following sustained engagement between Sri Lankan authorities and their counterparts in the United States. This outcome is an encouraging step forward for Sri Lanka’s export sector […]

Sri Lanka’s Exports Cross US$ 9 Bn Milestone in First Half of 2026, Reflecting Sustained Growth Momentum

Sri Lanka’s export sector continued to demonstrate resilience and sustained growth, with the country’s total exports surpassing the US$ 9 billion milestone during the first half of 2026. Combined merchandise and services exports reached an estimated US$ 9,012.24 Mn during the January–June 2026 period, representing an 8% year-on-year increase compared to the corresponding period in […]

CBSL keeps OPR unchanged; Gross Official Reserves at USD 6.45 bn at end June

The Monetary Policy Board, at its meeting held yesterday, decided to maintain the Overnight Policy Rate (OPR) at the current level of 8.75%. The Board arrived at this decision after carefully considering the evolving conditions and outlook on the domestic and global fronts. Renewed tensions in the Middle East have resulted in a surge in […]

IFC and HSBC Back Sustainable, More Competitive Port Infrastructure in Sri Lanka

The International Finance Corporation (IFC), a member of the World Bank Group, and HSBC are investing up to $40 million through financing in South Asia Gateway Terminals (Pvt) Ltd. (SAGT) to modernize and decarbonize operations at the Port of Colombo, the cornerstone of Sri Lanka’s maritime trade. The investment will advance the port’s competitiveness, resilience […]

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