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Sri Lanka’s Textile Industry Enhances Competitiveness Through UK’s DCTS Initiative
The United Kingdom’s updated Developing Countries Trading Scheme (DCTS), set to commence in January 2026, offers significant advantages for Sri Lanka’s garment industry, particularly benefiting small and medium-sized enterprises (SMEs) as they seek to establish a stronger presence in a crucial market. The key advantage of the revised scheme is its practicality. By simplifying the
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DFCC Bank Advocates for Women’s Empowerment with the “Ride for Life: Ride for Her” Initiative
On a March morning in Colombo, Kandy, and Galle, groups of cyclists took to the streets, not for competition or entertainment, but to make a powerful statement. This event, known as DFCC Bank’s “Ride for…
Business Updates
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NewsDive Expands Beyond Borders, Offering AI-Curated News for a Global Audience
In a media landscape crowded with noise and fragmentation, NewsDive is emerging as a platform with ambitions far beyond Sri Lanka. While initially positioned as a smart news solution for local users, the platform is now framing…
Economy
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Thailand-based corporation and YWCA contribute Rs5 million to support Sri Lanka’s recovery efforts following the Ditwah incident.
FINANCIAL CHRONICLE — The reconstruction initiatives in Sri Lanka are receiving valuable support from Thailand’s private sector and civil society. YWCA Bangkok and Thai Beverage Public Company Limited (ThaiBev) have collectively donated approximately 5 million…
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Sri Lanka’s Stock Market Sees Gains as Banking Sector Boosts Trading Volume
FINANCIAL CHRONICLE – On Thursday, the Colombo Stock Exchange in Sri Lanka experienced a positive start, primarily driven by banking stocks leading the market turnover. The All Share Price Index (ASPI) increased by 0.55 percent,…
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