Category Archives: Economy

Omega Line Toastmasters installs new leadership

Pic Omega Line Toastmasters Installs New Leadership at Ignite the Legacy Ceremony 1

NEGOMBO, Sri Lanka, August 27, 2025 (ePRESS)  – The Omega Line Toastmasters Club began a new chapter with the installation of its 2025/26 Executive Committee at a ceremony held at Jetwing Blue, Negombo, under the theme “Ignite the Legacy.” The event brought together distinguished guests including TM Felix Fernando, Charter President of the club and…

AB Mauri Lanka shines in Target Zero Safety Awards

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COLOMBO, Aug 26 (ePRESS) – AB Mauri Lanka has been recognised at the prestigious AB Mauri Global Target Zero Safety Awards 2023/24, winning in the Safety Performance category. The award highlights the company’s strong commitment to health and safety, with a focus on achieving zero accidents. AB Mauri Lanka has introduced many safety measures and…

Sri Lanka secures US$171 million CEAT investment to boost tyre exports

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COLOMBO, Sri Lanka, August 26, 2025 (ePRESS) – Sri Lanka’s manufacturing and export sector received a major boost as CEAT OHT Lanka (Private) Limited signed an agreement with the Board of Investment (BOI) to formalise a US$171 million investment — one of the largest recent inflows from India. The investment comes after CEAT Ltd. acquired…

Emirates extends US Open airline deal into 14th year

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DUBAI, Aug 25, 2025 (ePRESS) – Emirates has returned as the Official Airline of the US Open Grand Slam® tournament for the 14th consecutive year, strengthening its long-standing ties with world tennis and global fans. The Dubai-based airline will again offer premium hospitality, live match broadcasts, exclusive menus and community programmes during the two-week event,…

Debt-hit tycoon Anil Ambani faces new fraud inquiry in India

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NEW DELHI, India, August 25, 2025 (ePRESS) – India’s national investigative agency has filed a criminal case against business tycoon Anil Ambani after a fraud complaint was made by the country’s biggest lender, the State Bank of India (SBI), officials said on Saturday. Anil Ambani, the younger brother of Asia’s richest man Mukesh Ambani, has…

Dehiaththakandiya National School wins Capital Market Masters Quiz 2025

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COLOMBO, Aug 22, 2025 (ePRESS) – AM/Dehiaththakandiya National School from the Eastern Province emerged champions of the Capital Market Masters Quiz 2025, organised by the Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE) in collaboration with the Ministry of Education. The grand finale was held on August 21 at…

Ceylon Chamber hails UK trade rule reforms for apparel industry

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COLOMBO, Sri Lanka, August 21, 2025 (ePRESS) – The Ceylon Chamber of Commerce has welcomed the UK Government’s decision to liberalise rules of origin under its Developing Countries Trading Scheme (DCTS), which will come into effect in early 2026. The move reflects the UK’s commitment to greater trade openness and will give Sri Lankan exporters…

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