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…
Category Archives: Economy
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…
COLOMBO, August 28, 2025 (ePRESS) – The Commercial Bank of Ceylon PLC has become the first bank in Sri Lanka to cross a market capitalisation of US$ 1 billion, marking a historic milestone for the country’s financial sector. The achievement was celebrated at the Colombo Stock Exchange (CSE), where the Bank was invited to ring…
COLOMBO, August 28, 2025 (ePRESS) – The Hemas Outreach Foundation has opened its first Piyawara preschool in the plantation sector, marking a new step in its mission to transform early childhood education in Sri Lanka. The school, located at Pedro Estate in Nuwara Eliya, was launched in partnership with the Plantation Human Development Trust (PHDT)…
COLOMBO, August 27, 2025 (ePRESS) – People’s Bank, Sri Lanka’s leading financial services provider, has announced a historic achievement with an all-time post-tax profit (PTP) of LKR 28 billion for the first half of 2025. For the period ending June 30, the Bank reported operating income of LKR 80.8 billion and a PTP of LKR…