COLOMBO, Sri Lanka, August 15, 2025 (ePRESS) – The Colombo Stock Exchange saw strong investor activity and rising confidence on Friday, with the All Share Price Index (ASPI) jumping 290 points to close at 20,218, crossing the 20,000 mark for the first time in history. This fresh all-time high came as the index maintained steady…
Category Archives: Economy
COLOMBO, Aug 12, 2025 (ePRESS) – The National Chamber of Commerce of Sri Lanka, working with the Ministry of Foreign Affairs, Foreign Employment, and Tourism, hosted an exclusive networking session for the corporate and business community on Tuesday at its Colombo headquarters. The event brought together eight newly appointed Sri Lankan Ambassadors and High Commissioners…
COLOMBO, August 15 2025 (ePRESS) – The Commercial Bank of Ceylon has made history by becoming the first private sector bank in Sri Lanka to cross Rs. 3 trillion in assets, a milestone reached in the second quarter of 2025 following strong growth in key financial indicators. In a filing to the Colombo Stock Exchange,…
COLOMBO, Aug 15 (ePRESS) – The Ceylon Chamber of Commerce on Thursday welcomed United States Ambassador to Sri Lanka Julie Chung for a courtesy visit aimed at strengthening trade and investment links between the two countries. Ambassador Chung met with Ceylon Chamber Chairman Krishan Balendra and senior officials to discuss economic opportunities, the investment climate,…
COLOMBO, August 15, 2025 (ePRESS) – Sri Lanka’s vehicle imports have jumped sharply since restrictions were eased in January 2025, but demand is expected to settle once the current surge driven by pent-up demand eases, the Central Bank said in its biannual Monetary Policy Report. With the policy change, imports of both personal and commercial…
COLOMBO, August 15, 2025 (ePRESS) – Abans Solar has launched Sri Lanka’s first-ever ‘Tiken Tika Pay’ hire purchase plan for solar photovoltaic (PV) systems, offering households and businesses the chance to switch to renewable energy with instalments starting at just Rs. 20,139 a month. The scheme allows customers to enjoy flexible payment options alongside access…
COLOMBO, August 15, 2025 (ePRESS) – The Sri Lanka Institute of Nanotechnology (SLINTEC) has achieved a major breakthrough with its Advanced Analytical Services Laboratory receiving ISO/IEC 17025:2017 accreditation from the Sri Lanka Accreditation Board (SLAB). The internationally recognised accreditation confirms the lab’s technical ability to carry out vital food safety tests demanded by both local…
COLOMBO, Aug 14 (ePRESS) – PickMe, Sri Lanka’s pioneering digital mobility platform, is stepping up investment in technology and innovation as it enters its second decade, Founder and CEO Jiffry Zulfer said at the company’s 10th anniversary celebrations. The home-grown brand is pouring resources into artificial intelligence to improve customer service, optimise routes and sharpen…
COLOMBO, Sri Lanka, August 14, 2025 (ePRESS) – The Chamber of Lankan Entrepreneurs (COYLE), together with the Japan External Trade Organization (JETRO), has launched the 2025 Sri Lankan Corporate Health & Productivity Awards (SLCHPA) at Shangri-La Colombo. The awards ceremony will take place on February 11 in Colombo, with Sampath Bank as the Principal Sponsor….
COLOMBO, Sri Lanka, Aug 14 (ePRESS) — Sri Lanka’s external sector remains stable despite a widening trade deficit, supported by strong tourism earnings, steady remittances, and healthy reserves backed by IMF assistance, the Monthly Economic Watch for August by First Capital Research said. The report noted that the economy expanded by 4.8% in the first…