Category Archives: Economy

Union Assurance unveils first Adviser Welfare Scheme in Sri Lanka

Union

COLOMBO, August 6, 2025 – ePRESS – Union Assurance, Sri Lanka’s oldest private life insurer, has introduced a first-of-its-kind Adviser Welfare Scheme to provide financial and emotional support to its adviser network and their families, marking a major milestone in the local insurance industry. This pioneering initiative reflects Union Assurance’s strong commitment to the well-being…

Taste of tradition: Jaffna food festival at Shangri-La Colombo from August 7

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Colombo, August 5, 2025 (ePRESS) – Shangri-La Colombo is set to transport diners to the heart of Sri Lanka’s Northern culinary world with the launch of the Jaffna Food Festival. Running from August 7 to 17, 2025, during the dinner buffet, the event promises a vibrant celebration of Jaffna’s rich food culture. Jaffna’s cuisine, influenced…

HDFC Bank takes the lead in Green Finance with new “Go Green” savings account

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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…

Sri Lankan passport strengthens: Climbs five places in Henley Index, access to 42 nations without pre-visa

passport

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…

Veteran HR leader Ranasinghe to lead CIPM for second term

Priyantha

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…

SpaceX taps SINGER to launch Starlink in Sri Lanka

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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,…

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