COLOMBO, Aug 5, 2025 (ePRESS) – HDFC Bank has launched a new savings account called “Go Green,” encouraging customers to support environmental causes while earning special financial returns. The new account was launched in celebration of World Environment Day 2025 and is part of the bank’s growing commitment to sustainability and green finance. The Go…
Category Archives: Economy
COLOMBO, Aug 5, 2025 (ePRESS) – Sri Lanka’s tea industry saw positive growth in production and export earnings in the first half of 2025, despite mounting challenges from global oversupply and currency pressure. According to the latest data, tea production from January to June 2025 reached 135.73 million kilograms, an increase of 7.78 million kilograms…
Economy
Sri Lankan passport strengthens: Climbs five places in Henley Index, access to 42 nations without pre-visa
COLOMBO, Aug 5, 2025 (ePRESS) – Sri Lankan passport holders can now enjoy easier access to 42 countries and territories, after the island nation’s travel document climbed five places to rank 91st globally in the Henley Passport Index 2025, matching the position of Iran. The improvement reflects broader travel freedom for Sri Lankans, who are…
COLOMBO, Aug 5, 2025 (ePRESS) – The Sri Lanka Export Development Board (EDB) held a high-level meeting on August 1 with senior officials from the Singapore Food Agency (SFA), aiming to fast-track Sri Lanka’s entry into Singapore’s poultry market. The talks, held in Colombo, focused on the progress of recent audits of Sri Lankan poultry…
COLOMBO, Sri Lanka, Aug 4, 2025 (ePRESS) – The Chartered Institute of Personnel Management (CIPM) Sri Lanka has re-elected veteran human resource expert Priyantha Ranasinghe as President for the year 2025/26 at its Annual General Meeting held on July 26 at Waters Edge, Battaramulla. Ranasinghe, a respected HR leader with over 28 years of experience…
COLOMBO, Sri Lanka, 4 August 2025 (ePRESS) – US-based aerospace giant SpaceX has appointed SINGER Sri Lanka as the authorized retailer for Starlink, marking a major step toward transforming internet access in Sri Lanka. The move aims to bridge the digital divide, particularly in areas traditionally underserved by conventional connectivity solutions. Starlink, developed by SpaceX,…
COLOMBO, Sri Lanka, 4 August 2025 (ePRESS) – Commercial Bank of Ceylon’s green lending initiative has received overwhelming support from investors, leading to the oversubscription of the Bank’s Rs. 15 billion Green Bond on its opening day. The green bond issue, launched on Monday, 4 August, raised the full Rs. 10 billion from an initial…
COLOMBO, Sri Lanka, August 4, 2025 (ePRESS) – The Sri Lanka Ports Authority (SLPA) marked its 46th anniversary on Friday with religious observances at the Chaithya Premises, while unveiling major developments aimed at transforming the country’s ports into a global logistics hub. SLPA Chairman Admiral Sirimewan Ranasinghe said the organisation is undergoing a major transformation despite…
ANURADHAPURA, Sri Lanka, August 4, 2025 (ePRESS) – UN Women and Chrysalis, in partnership with the Government of Sri Lanka, have opened a one-stop Business Service Centre (BSC) in Anuradhapura, aiming to boost women-led and youth-led businesses in rural areas. The new centre was officially launched with the presence of Hon. Nimal Palihena, Member of Parliament…
KATUNAYAKA, Sri Lanka, Aug 3, 2025 (ePRESS) – Sri Lanka on Sunday launched a special 24/7 counter at Bandaranaike International Airport (BIA) to convert valid foreign driving licences into Sri Lankan licences, making life easier for tourists, foreign residents, and business travellers. The new Foreign Driving Licence Conversion Counter, set up at the airport’s arrival…