Category Archives: Economy

Sri Lanka textile fair claims ‘unrealistic’, says CEMS-Global USA

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NEW YORK, USA, Aug 6, 2025 (ePRESS) – Global exhibition giant CEMS-Global USA has strongly criticised recent promotional claims made by the organisers of Intex Sri Lanka 2025, warning that the misleading information could damage trust and confuse stakeholders in Sri Lanka’s respected textile and garment sector. In a statement issued from its New York…

Visa simplicity key to $5 billion tourism target – Advocata

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COLOMBO, August 7, 2025 (ePERSS) – The Advocata Institute, a leading Colombo-based policy think tank, welcomed the Sri Lankan government’s decision to waive visa fees for tourists from 40 additional countries—but warned that more liberal and consistent visa rules are needed to unlock the full economic power of tourism. Sri Lanka has set an ambitious…

Pathfinder Foundation appoints Dr. Samaratunga as distinguished fellow

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COLOMBO, Aug 7 (ePRESS) – The Pathfinder Foundation, a leading independent and non-partisan think tank in Sri Lanka, has strengthened its leadership by appointing two highly respected professionals as Distinguished Fellows, the organisation announced this week. The newest appointment is Dr. R.H.S. Samaratunga, a veteran economist and former Secretary to the Ministry of Finance and…

Geoffrey Bawa’s vision reinterpreted in immersive Colombo show

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COLOMBO, Aug 7 (ePRESS) – A unique and free-entry exhibition titled ‘Ways of Knowing’, currently drawing wide public interest at The Bawa Space, Horton Place in Colombo 07, will conclude on February 28, 2026, the Geoffrey Bawa Trust announced. The exhibition, curated by the Geoffrey Bawa Trust, brings together iconic objects from the Geoffrey Bawa…

Union Assurance unveils first Adviser Welfare Scheme in Sri Lanka

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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…

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