COLOMBO, Sept 2, 2025 (ePRESS) – The Global Federation of Sri Lankan Business Councils (GFSLBC) held its first Annual General Meeting at the Shangri-La Hotel in Colombo under the theme “Uniting Global Sri Lankan Businesses – Moving Forward.” Andre Fernando, President of the Sri Lanka Bangladesh Business Cooperation Council of the National Chamber of Commerce…
Category Archives: Economy
COLOMBO, Sept 2, 2025 (ePRESS) – Mahindra has launched its latest SUV, the XUV 3XO, in Sri Lanka, offering premium features at a starting price of LKR 10.49 million (including VAT). The new model is available in three variants – MX3, AX5, and AX7L – and comes with standout design, immersive technology, world-class safety, and…
COLOMBO, Sept 1, 2025 (ePRESS) – Lack of innovation is holding back economic growth and productivity in the Asia-Pacific, warned Chris Freeland, Chief Executive Officer of CPA (Certified Practicing Accountant) Australia. Speaking at a CPA networking event at the Shangri-La Colombo, Freeland said the world is changing rapidly, and the accounting profession must adapt to…
COLOMBO, Sept 1, 2025 (ePRESS) – Sri Lanka’s Export Development Board (EDB) has launched a fresh push to support small businesses in the handicrafts, giftware, lifestyle, and toy sectors with a specialized awareness session for potential exporters. The program, organized by the Trade Facilitation and Trade Information Division of the EDB, brought together 100 Small…
COLOMBO, Sept 1, 2025 (ePRESS) – John Keells Properties has joined hands with ride-hailing platform PickMe to make it easier for potential buyers of its latest residential project, VIMAN Ja-Ela, to travel and explore the development. The partnership will allow interested customers to enjoy free rides to the VIMAN sales office in Colombo or the…
COLOMBO, Sept 1, 2025 (ePRESS) – A new scientific study has revealed that Hambantota International Port (HIP) is not only a rising economic hub but also a hidden jewel for marine biodiversity in southern Sri Lanka. Researchers from the Department of Fisheries and Marine Sciences at the Ocean University of Sri Lanka found that the…
COLOMBO, Sept. 1, 2025 (ePRESS) – The Ceylon Chamber of Commerce will host the Sri Lanka Economic & Investment Summit 2025 on December 2 at the Shangri-La Colombo, bringing together top local and international business leaders for two days of high-level talks. This year’s theme, “Gateway to Growth – Asia’s Emerging Opportunity,” will set the…
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…
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,…