COLOMBO, Sept 7 (ePRESS) – Sri Lanka’s tourism industry reached a major milestone in 2025, with earnings surpassing USD 2 billion for the first time this year by the end of August. Official data showed revenue of USD 2,031.1 million, up 7.8 percent from USD 1,884.9 million recorded during the same period in 2024. However,…
Category Archives: Economy
COLOMBO, Sept 4 (ePRESS) – The Colombo Stock Exchange closed on a cautious note on Thursday as heavy intraday volatility left investors uncertain, despite the All-Share Price Index (ASPI) ending marginally higher at 20,992, up 16 points. The market saw early gains with the index peaking by mid-afternoon before sliding sharply, reflecting a mix of…
COLOMBO, Sept 4 (ePRESS) – One of Japan’s most innovative and health-focused technologies, Water Optimizing Waves (WOW), has been introduced to Sri Lanka for the first time. WOW is a 100-year-old Japanese tradition of paper-bag vacuum technology that delivers health benefits for people of all ages without complications, said Tanaka Hisao, founder, CEO and inventor…
COLOMBO, Sept 4, 2025 (ePRESS) – The National Enterprise Development Authority (NEDA), working under the Ministry of Industries and Enterprise Development, together with NSBM Green University, has launched a new program titled “Colombo Robotics Meetup 2025.” The initiative, announced today at a media briefing in Colombo, is aimed at transforming traditional farmers into “Smart Farmers”…
COLOMBO, Sept 4, 2025 (ePRESS) – The Voyage Sri Lanka 2025 International Marine Summit, organized by the Sri Lanka Export Development Board (EDB), will take place on October 16 at the Kingsbury Hotel, Colombo, drawing global attention to the island’s marine economy. Organisers announced that the early bird registration deadline has been extended, with a…
COLOMBO, Sept 4 (ePRESS) – The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) held a special felicitation ceremony on September 1 to honour R. P. H. Fernando, Commissioner General of the Department of Inland Revenue, continuing its longstanding tradition of recognising national leaders in finance. CA Sri Lanka President Heshana Kuruppu reaffirmed…
COLOMBO, September 4 (ePRESS) – A new study by the Institute of Policy Studies of Sri Lanka (IPS) has revealed that cigarette smuggling takes place in different forms across the country and urgent measures are needed to stop it. The study stressed that better understanding of smuggling channels is vital to protect public health, increase…
COLOMBO, September 4 (ePRESS) – Prime Lands Residencies PLC has once again been honoured for its digital strength, winning the Gold Award at the prestigious 15th BestWeb.lk Awards for the second year in a row. The company secured the top prize in the Best Corporate Website category for its flagship site, The Grand Ward Place…
COLOMBO, Sept 4, 2025 (ePRESS) – The 26th edition of South Asia’s premier packaging, processing, printing, plastics and paper exhibition, Lankapak 2025, will be held from October 23 to 25 at the BMICH, organizers announced. The event is organized by the Sri Lanka Institute of Packaging in collaboration with CDC Events, with support from both…
COLOMBO, September 3, 2025 (ePRESS) – Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has launched the Sri Lankan chapter of its Bybit Rising Fund initiative in partnership with Ceylon Cash, the force behind Web3Ceylon — the country’s largest community-led blockchain education program. The collaboration aims to boost Web3 literacy and empower the next…