Apparel Sector Eyes Growth beyond U.S. amid Tariff Concerns
Sri Lanka’s apparel industry is shifting focus to emerging and EU markets as exports to the U.S. dipped 7.59% in May 2025 due to uncertainty over potential Trump-era tariffs.
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Authorities urged to revive ornamental fish industry
Authorities have been urged to support the ornamental fish breeders by renovating the Ornamental Fish Breeding Centre in Aralaganwila which reportedly helped bring in foreign exchange to the country for several years.
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ATUM Beverages Announces Entry into Sri Lankan Market with Plans for Local Manufacturing
ATUM Beverages Pvt Ltd, a leading South Indian energy and soft drink manufacturing company, has announced its strategic entry into the Sri Lankan market, aiming to introduce its popular range of beverages and establish a local manufacturing facility. Speaking during a meeting with the Secretary General of the International Chamber of Commerce (ICC Sri Lanka), Attorney-at-Law Shanil Fernando, and senior …
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Authorities urged to revive ornamental fish industry
Authorities have been urged to support the ornamental fish breeders by renovating the Ornamental Fish Breeding Centre in Aralaganwila which reportedly helped bring in foreign exchange to the country for several years.
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Sri Lanka historic Nuwara Eliya building to be developed for tourism as post office
Sri Lanka’s cabinet of ministers has approved a proposal to promote tourism activities at a colonial-era building in Nuwara Eliya, keeping the post office in operation, minister Nalinda Jayatissa said.
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Sri Lanka government to draft new law on tourism
Sri Lanka’s cabinet of ministers have approved the drafting of a new law on tourism to reform the administrative structure of the sector, spokesman Nalinda Jayatissa said.
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Sri Lanka exports rise 1.7-pct in May 2025, amid coconut trade surge
Sri Lanka’s merchandise exports rose 1.7 percent 1,028.52 million dollars in May 2025 from a year ago helped by
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City of Dreams Sri Lanka casino and Nuwa hotel open from August 02
Melco Resorts and Entertainment will being operations of its City of Dreams casino and Nuwa branded hotel in Colombo on August 02, the group said in a joint statement with Sri Lanka’s John Keells Hotels.
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MTI Consulting to develop strategic plan for Bank of Bhutan
MTI Consulting, a strategy consultancy said it was engaged to develop a 5-year corporate plan for the Bank of Bhutan, which operates a network of 45 branches in the South Asian nation.
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Govt takes over loans of 2.435 billion US dollars borrowed from state banks by CPC
Sri Lanka’s government has taken over loans of 2.435 billion US dollars borrowed from state banks by state-run
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