Building Bridges Through IVLP: A Sri Lankan Entrepreneur’s Journey Across America

When Jehan Wijesinghe boarded his flight to Washington, D.C., he wasn’t just traveling to the United States. He was stepping into a rare opportunity: the International Visitor Leadership Program (IVLP), the U.S. State Department’s flagship professional exchange. This year, he had the privilege of being the only delegate from Sri Lanka, joining peers from 18 […]

HNB felicitates employees who completed 25 years of service

Sri Lanka’s leading private sector bank, HNB PLC organized a ceremony recently to felicitate their employees who completed 25 years of service at the Bank. HNB organized a gala event to recognize 160 employees who had joined in 1999/2000. This highly anticipated event was attended by HNB Managing Director and CEO Damith Pallewatte, SVP/Chief Human […]

World GDP Forecasts Raised, but Evidence of US Slowdown Accumulates: Fitch Ratings

Fitch Ratings has raised its world growth forecasts for 2025 moderately since the June Global Economic Outlook (GEO) on better-than-expected incoming data for 2Q25. But there is now evidence of an underlying US slowdown in ‘hard’ economic data and positive surprises on eurozone growth have partly reflected US tariff front-running. Fitch still expects world GDP […]

Godawaya Shipwreck Preservation Project Marks Milestone in US–SL Maritime Partnership

U.S. Ambassador Julie Chung and Minister of Buddhasasana, Religious, and Cultural Affairs, Dr. Hiniduma Sunil Senevi, today inaugurated the Godawaya Shipwreck Exhibition at the BMICH in Colombo, together with the Central Cultural Fund’s Maritime Archaeology Unit (MAU). The event marked the culmination of the multi-year Godawaya Shipwreck Project, funded through the U.S. Ambassadors Fund for […]

Sri Lanka Launches Banana Tissue Culture Laboratory to Boost Fruit Value Chain Development

The North Central Provincial Department of Agriculture inaugurated a state-of-the-art Banana Tissue Culture Planting Material Production Laboratory at the In-Service Training Institute in Maha Illuppallama, North Central Province, with technical assistance from the Food and Agriculture Organization of the United Nations (FAO) under the South-South Cooperation (SSC) Programme with the People’s Republic of China. The […]

Hambantota Port Emerges as Marine Biodiversity Hotspot with Over 8 Unique Fish Species

A new baseline study by the Department of Fisheries and Marine Sciences, at Ocean University of Sri Lanka has revealed a thriving ecological marvel beneath the waters of Hambantota International Port (HIP). Despite being an artificial breakwater, the reef at HIP now supports the highest diversity of reef-associated fish in Southern Sri Lanka, outperforming natural […]

Sri Lanka’s property market gains spotlight with Minoli Wickramasinghe on global stage

Minoli Wickramasinghe, Managing Director of Capital Trust Properties, recently represented Sri Lanka at two major international real estate forums in Singapore, spotlighting the nation’s evolving investment landscape and resurgence as a regional property destination. At the APAC Forum 2025, hosted by Leading Real Estate Companies of the World® (LeadingRE) under the theme “Connecting Beyond Borders”, […]

Fitch Ratings: Developed Economies’ Potential Growth Revised Up to 1.6-pct

Fitch Ratings has updated its five-year projections for supply-side potential GDP growth for the 10 developed economies (‘DM10’) covered in its Global Economic Outlook. The GDP-weighted average DM10 potential growth projection has been raised to 1.6% a year from 1.4% in the previous report in August 2023. This reflects more optimistic projections for the US, revised […]

Newcomers deliver big finishes as speedstar championship 2025

The SpeedStar Championship 2025 came to a thrilling close at SpeedBay in Port City Colombo, marking the end of a dynamic three-round karting series that welcomed complete newcomers to the sport. Designed exclusively for novice drivers with no prior motorsports experience, the championship offered a unique opportunity for first-time racers to experience competition in a […]

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