JAFFNA, Sri Lanka, September 2, 2025 (ePRESS) – NDB Wealth Management Limited, Sri Lanka’s largest asset management company, has opened its first-ever branch in Jaffna, marking a major step in its expansion across the country. The new branch, located in the heart of Jaffna town, will provide a full range of financial solutions including investment…
Category Archives: Economy
COLOMBO, Sri Lanka, September 2 (ePRESS) — The North Central Provincial Department of Agriculture has opened a state-of-the-art Banana Tissue Culture Planting Material Production Laboratory at the In-Service Training Institute in Maha Illuppallama. The project is supported by the Food and Agriculture Organization of the United Nations (FAO) under the South-South Cooperation (SSC) Programme with…
COLOMBO, Aug. 28, 2025 (ePRESS) – A staff delegation from the United States Congress’ House Democracy Partnership met with the Chairman and Management Team of the Sri Lanka Ports Authority (SLPA) at its Colombo headquarters to discuss the future of the Port of Colombo. Talks focused on the port’s operations, priorities, ongoing initiatives, and challenges…
COLOMBO, Sept 2, 2025 (ePRESS) – The Global Federation of Sri Lankan Business Councils (GFSLBC) held its first Annual General Meeting at the Shangri-La Hotel in Colombo under the theme “Uniting Global Sri Lankan Businesses – Moving Forward.” Andre Fernando, President of the Sri Lanka Bangladesh Business Cooperation Council of the National Chamber of Commerce…
COLOMBO, Sept 2, 2025 (ePRESS) – Mahindra has launched its latest SUV, the XUV 3XO, in Sri Lanka, offering premium features at a starting price of LKR 10.49 million (including VAT). The new model is available in three variants – MX3, AX5, and AX7L – and comes with standout design, immersive technology, world-class safety, and…
COLOMBO, Sept 1, 2025 (ePRESS) – Lack of innovation is holding back economic growth and productivity in the Asia-Pacific, warned Chris Freeland, Chief Executive Officer of CPA (Certified Practicing Accountant) Australia. Speaking at a CPA networking event at the Shangri-La Colombo, Freeland said the world is changing rapidly, and the accounting profession must adapt to…
COLOMBO, Sept 1, 2025 (ePRESS) – Sri Lanka’s Export Development Board (EDB) has launched a fresh push to support small businesses in the handicrafts, giftware, lifestyle, and toy sectors with a specialized awareness session for potential exporters. The program, organized by the Trade Facilitation and Trade Information Division of the EDB, brought together 100 Small…
COLOMBO, Sept 1, 2025 (ePRESS) – John Keells Properties has joined hands with ride-hailing platform PickMe to make it easier for potential buyers of its latest residential project, VIMAN Ja-Ela, to travel and explore the development. The partnership will allow interested customers to enjoy free rides to the VIMAN sales office in Colombo or the…
COLOMBO, Sept 1, 2025 (ePRESS) – A new scientific study has revealed that Hambantota International Port (HIP) is not only a rising economic hub but also a hidden jewel for marine biodiversity in southern Sri Lanka. Researchers from the Department of Fisheries and Marine Sciences at the Ocean University of Sri Lanka found that the…
COLOMBO, Sept. 1, 2025 (ePRESS) – The Ceylon Chamber of Commerce will host the Sri Lanka Economic & Investment Summit 2025 on December 2 at the Shangri-La Colombo, bringing together top local and international business leaders for two days of high-level talks. This year’s theme, “Gateway to Growth – Asia’s Emerging Opportunity,” will set the…