COLOMBO, Sept 1, 2025 (ePRESS) – Associated Motorways (Pvt) Limited (AMW), the sole distributor for Yamaha in Sri Lanka, has stepped up action to stop the rising sale of counterfeit Yamaha motorcycle spare parts. In a joint operation with the Sri Lanka Police, AMW carried out raids in the Eastern Province, targeting outlets that sold…
Category Archives: Economy
COLOMBO, August 31, 2025 (ePRESS) – Shangri-La Colombo is inviting diners on a rare culinary journey this September, where the artistry of Chinese cuisine meets the soulful flavours of Myanmar. From September 5 to 14, the hotel’s Central Restaurant will transform into a vibrant dining stage, offering an exclusive dinner buffet from 6.30 p.m. to…
COLOMBO, Aug 31, (ePERSS) – Sri Lanka’s external sector continued to show strength in July 2025, with the current account posting consecutive monthly surpluses for the year. Exports of goods and services rose to 12.0 billion US dollars in the first seven months of 2025, up 6.7 percent from a year earlier. In July alone,…
COLOMBO, Aug 30, 2025 (ePRESS) – Sri Lanka crossed the halfway mark of its ambitious target of three million tourist arrivals for 2025, with more than 1.5 million visitors recorded by the end of August, official data showed. According to the Sri Lanka Tourism Development Authority, total arrivals stood at 1,547,257 by August 27. For…
COLOMBO, August 30, 2025 (ePRESS) – The Central Bank of Sri Lanka (CBSL) has released its annual publication, Economic and Social Statistics of Sri Lanka – 2025, making it available online for public access. The release contains long series of socio-economic data presented in an easy-to-download format, aimed at meeting the needs of researchers, policymakers,…
COLOMBO, Aug 29 (ePRESS) – The Colombo Stock Exchange closed the week on a high note, with strong buying interest driving the All Share Price Index (ASPI) close to the 21,000 mark. The ASPI briefly crossed 21,000 during late morning trading before facing some midday volatility. However, the index regained momentum and finished 197 points…
COLOMBO, Aug 29 (ePRESS) – The Central Bank of Sri Lanka (CBSL) today issued a new Rs. 2000 commemorative currency note to mark its 75th anniversary, under the theme “Stability for Prosperity.” This is the fifth commemorative note issued by the Central Bank since its establishment in 1950, and it will circulate as legal tender…
COLOMBO, Sri Lanka, August 29, 2025 (ePRESS) – Sri Lanka’s leading ride-hailing and on-demand platform PickMe has entered into a landmark research partnership with the University of Moratuwa, aiming to reshape the future of homegrown technology innovation. The collaboration marks a clear shift from depending on foreign technologies to developing solutions designed for Sri Lanka’s…
MAHAWA, Sri Lanka, August 29, 2025 (ePRESS) – Sri Lanka’s leading solar solutions provider, Abans Solar, has successfully completed a 385.27 kW solar installation at CIC Agri (Pvt) Ltd’s Mahawa Seed Factory, marking the largest solar project undertaken by CIC to date. The factory, a state-of-the-art milling complex spread across 16 acres, is a key…
COLOMBO, August 28, 2025 (ePRESS) – The Council for Business with Britain (CBB) of the Ceylon Chamber of Commerce celebrated its 25th anniversary with a special event at Westminster House, followed by an exclusive networking session for members at Cinnamon Life. The occasion brought together leading business professionals and stakeholders from the UK–Sri Lanka bilateral…