Industry Analysis

Sri Lanka-UAE Joint Venture Enhances Graphene Processing Capabilities, Boosts Industry Ties

Inovartic Investment Lanka Ltd., a new joint venture between Sri Lanka’s Apex Asia Holdings and UAE’s Inovartic Investment LLC, is set to advance.

Read More
Industry Analysis

COYLE Unveils Global Platform to Propel Sri Lankan Industries onto the World Stage

The Chamber of Young Lankan Entrepreneurs (COYLE) has launched an ambitious initiative known as the COYLE Global Platform, aimed at empowering Sri Lankan.

Read More
Tourism

Sri Lanka’s Tourism Income Surges to US$ 328 Million in July, Matching IMF Tranche

Sri Lanka’s tourism sector generated an impressive income of US$ 328.3 million in July 2024, a figure almost matching the country’s half-yearly tranche.

Read More
Economics

Sri Lanka’s Goods and Services Exports Surge in July 2024: A 6.58% Increase in Merchandise and 16.44% in Services

Sri Lanka’s export sector witnessed a notable boost in July 2024, with merchandise exports rising by 6.58% year-on-year to reach 1,087.6 million US.

Read More
Investing

Sri Lanka Secures US$ 71.53 Million in Tourism Investments for 2024

Sri Lanka’s tourism sector has attracted US$ 71.53 million in investment proposals up to August 16th this year, according to the latest data.

Read More
Entrepreneurship

COYLE Launches Young Lankan’s Program to Empower Future Entrepreneurs

The Chamber of Young Lankan Entrepreneurs (COYLE) has unveiled its latest initiative, the Young Lankan’s program, aimed at nurturing the next generation of.

Read More
Business

WEConnect International Hosts Key Events to Empower Sri Lankan Women Entrepreneurs

On August 4 and 5, 2024, WEConnect International, supported by the US Embassy, hosted two pivotal events in Colombo aimed at empowering women.

Read More
Economics

Tokyo Cement Group Begins FY24/25 with Mixed Results but Positive Outlook

Quarterly Financial Review Tokyo Cement Group reported a turnover of Rs. 11,665 million for the first quarter ended 30 June 2024, marking a.

Read More
Economics

Sri Lanka’s Government Revenue Soars by 41% in First Half of 2024

Sri Lanka has seen a substantial increase in government revenue, with a 41% rise year-on-year (y-o-y) in the first six months of 2024,.

Read More
Entrepreneurship

BOC Launches Support Initiative for Young Entrepreneurs to Address Brain Drain

The Bank of Ceylon (BOC) has unveiled a groundbreaking initiative aimed at supporting young entrepreneurs in Sri Lanka. The new program, designed to.

Read More