JAAF statement on June 2025 Apparel export performance
Sri Lanka’s apparel exports grew by 5.2% in June 2025 compared to the same month last year, with notable gains in the EU (+23.1%) and UK (+20.4%) markets, offsetting declines in the USA (-5.7%) and other regions (-9.3%). For the first half of 2025 (Jan–Jun), cumulative exports rose by 8.95% year-on-year, driven by strong performance […]
Introducing Samsung Exclusive Easy Pay: Affordable Galaxy Smartphones Now Within Everyone’s Reach
Samsung Sri Lanka has officially launched Samsung Exclusive Easy Pay, monthly installment program that makes it easier than ever for Sri Lankans to own the latest Samsung Galaxy smartphones and tablets. Powered by strategic partnerships with John Keells Office Automation (JKOA), Helios, and Alliance Finance (AFC), this initiative delivers affordability, accessibility, and simplicity for consumers […]
The future of electric driving has arrived
Electric cars are no longer just about saving fuel or reducing emissions. They’re quickly becoming the new standard for luxury, technology, and smart mobility. And two new models are making waves for all the right reasons. Quietly referred to as the IM5 and IM6, these next-generation sedans are changing how we think about driving. A […]
SampathCards & Hilton Colombo Collaborate to Offer Premium Lifestyle Privileges
SampathCards has announced an exclusive partnership with Hilton Colombo, offering its premium cardholders the opportunity to indulge in a world of wellness, elegance, and convenience through a specially curated Hilton Sports Centre Membership plan. Available only to Sampath Visa Infinite, Visa Signature, Mastercard World, and American Express Platinum Ultramiles Credit Cardmembers, this premium lifestyle collaboration […]
Samsung Sri Lanka Hosts B2B Summit 2025, Bridging Innovation and Industry with Mobile and Consumer Electronics Solutions
Samsung Sri Lanka recently hosted the highly anticipated B2B Summit 2025, bringing together over 180 influential stakeholders from across government, manufacturing, education, healthcare, logistics, bank, finance, insurance and hospitality sectors. The summit served as a powerful platform to showcase how Samsung’s latest innovations in enterprise mobility and consumer electronics are driving Sri Lanka’s digital transformation. […]
Sunshine Holdings celebrates employee excellence at SUN Awards 2025, themed ‘Roar of Glory’
July 07th 2025, Colombo: Diversified conglomerate Sunshine Holdings PLC (CSE: SUN) honoured the outstanding achievements of its employees at the annual SUN Awards 2025, held under the theme ‘Roar of Glory’. Recognising excellence across its key business sectors—healthcare, consumer goods, and agribusiness—the respective award ceremonies by each business celebrated the individuals and teams that led […]
Monin Creative Cup Debuts at National Barista Championship 2025 A Celebration of Coffee skill and creativity at the Hotel Show Colombo
16th July 2025: The National Barista Championship, held in partnership with the Hotel Show and Sri Lanka Hospitality Graduates Association, is set to spotlight a new wave of barista creativity with the launch of the Monin Creative Cup. Designed to challenge and inspire, the Monin Creative Cup invites participants to push the boundaries of coffee […]
Sri Lanka’s coconut industry faces major setback as US slaps 30% tariff
The Ceylon Chamber of Coconut Industry (CCCI) has issued an urgent appeal to the Government of Sri Lanka in response to the United States’ decision to impose a 30% import tariff on coconut-based products from Sri Lanka, effective August 1, 2025. The move threatens to upend one of the country’s most valuable export sectors, which […]
JAAF statement on new US tariff announcement letter – July 2025
The announcement of a 30% reciprocal tariff by the U.S., scheduled to take effect from 1st August 2025, has raised significant concern within Sri Lanka’s apparel industry. As one of the country’s largest export earners, the sector relies heavily on access to the U.S. market, and such a steep increase threatens to erode competitiveness, particularly […]
Softlogic Life completes 100% acquisition of Allianz Life Insurance Lanka Limited
Softlogic Life Insurance PLC has successfully completed the acquisition of 100% of the shares of Allianz Life Insurance Lanka Limited (Life Business), following the receipt of regulatory approval from the Insurance Regulatory Commission of Sri Lanka (IRCSL). The transaction marks a significant milestone, following the initial announcement on 26th March 2025. Softlogic Life recorded Gross […]
