Revival of Japanese Development Projects in Sri Lanka
As Sri Lanka approaches the completion of its debt restructuring process, optimism is rising for the resumption of long-stalled development initiatives. Eleven Japanese-funded.
International Economic Developments
Travel
Global Air Connection Triumphs at Asia Business Service Excellence Awards
Global Air Connection Private Limited, a premier international airline ticketing and tour operating company in Sri Lanka, has been awarded the title of.
- October 7, 2024
Economics
EnerGulf Champions Sustainable Energy Leadership in Sri Lanka
In the evolving landscape of solar energy, driven by technological advancements and growing environmental concerns, effective leadership is crucial for navigating challenges and.
- October 7, 2024
Industry Analysis
E.B. Creasy Solar Launches New Solar Solutions Outlet in Wellawaya
E.B. Creasy Solar, a leading provider of solar energy solutions in Sri Lanka, has expanded its presence with the opening of a new.
- October 7, 2024
Industry Analysis
Akram Cassim Elected as President of Sri Lanka Gem and Jewellery Association
Akram Cassim, Managing Partner of Colombo Jewellery Stores, has been elected as the new President of the Sri Lanka Gem and Jewellery Association.
- October 7, 2024
Finance
Credit Card Debt Sees Modest Increase in August Amid Rising Private Credit
Consumer spending via credit cards has shown signs of growth, with the total outstanding credit card debt in licensed commercial banks rising by.
- October 7, 2024
Finance
Fitch Affirms LB Finance’s National Rating at ‘BBB+(lka)’; Outlook Stable
Fitch Ratings has reaffirmed LB Finance PLC’s National Long-Term Rating at ‘BBB+(lka)’ with a Stable Outlook. The rating reflects LB Finance’s solid financial.
- October 7, 2024
Tourism
Sri Lanka’s Tourism Earnings Surge to US$ 2.35 Billion Amid Recovery Efforts
Sri Lanka’s tourism sector continues to show positive momentum as of September 2024, with both visitor arrivals and earnings on the rise, despite.
- October 7, 2024
Industry Analysis
SLACMA Welcomes NPP’s Industrial Policies to Boost Automobile Component Manufacturing
The Sri Lanka Automobile Component Manufacturers Association (SLACMA) has extended its congratulations to Anura Kumara Dissanayake on his election as the new President.
- October 7, 2024
Business
Maliban Secures Court Ruling Against Uswatte’s Copycat Packaging
The Commercial High Court of Colombo has issued an enjoining order against Uswatte Confectionery Works Ltd., prohibiting them from manufacturing, distributing, and selling.
- October 7, 2024