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The Satynmag Women-Friendly Workplace Awards 2026 concluded on Friday, 21 August, bringing together organisations from a...
28/08/2026

The Satynmag Women-Friendly Workplace Awards 2026 concluded on Friday, 21 August, bringing together organisations from across Sri Lanka's corporate landscape to recognise workplace practices that support women's careers, leadership, wellbeing and long-term progression.

Held at Victorium Château - The Grand Maitland, Maitland Place, Colombo 7, the 2026 edition recognised 31 companies across the Most Outstanding Women-Friendly Workplaces and Special Awards categories, while also presenting the She Wins recognition for an outstanding woman in the Sri Lankan workplace and the She Grows award for a female-friendly workplace innovation.

Read more 👉🏻 https://lankabiznews.com/satynmag-women-friendly-workplace-awards-2026/

Sri Lanka welcomed almost as many tourists in July 2026 as a year earlier, but tourism earnings remained noticeably lowe...
27/08/2026

Sri Lanka welcomed almost as many tourists in July 2026 as a year earlier, but tourism earnings remained noticeably lower. The next stage of recovery may depend less on arrival numbers and more on who visits, how long they stay and how much value the economy captures from each trip.

What the numbers do suggest is that the industry's next challenge is becoming more commercial: attracting visitors is one part of recovery, but extracting greater economic value from each trip is becoming just as important.

Read more 👉🏻 https://lankabiznews.com/sri-lanka-tourism-earnings-2026-visitor-value/

The EU–India FTA has not yet entered into force, giving Sri Lanka a valuable preparation window. The real challenge is n...
25/08/2026

The EU–India FTA has not yet entered into force, giving Sri Lanka a valuable preparation window. The real challenge is not losing EU access, but protecting competitiveness as Indian exporters gain stronger tariff advantages.

On 24 August, the Export Development Board confirmed that it had discussed the potential impact with consultants engaged by the European Commission, with particular attention given to apparel, preferential market access, rules of origin and the use of Indian inputs in Sri Lankan production.

Here is what Sri Lankan exporters can do before the agreement takes effect. 👉🏻 https://lankabiznews.com/eu-india-fta-sri-lanka-export-position/

Sri Lanka is moving towards attracting investors for Mannar Basin gas development. The resource could improve energy sec...
20/08/2026

Sri Lanka is moving towards attracting investors for Mannar Basin gas development. The resource could improve energy security, but success depends on commercial viability, environmental safeguards and ensuring gas supports rather than delays the renewable transition.

Mannar Basin natural gas could strengthen Sri Lanka's energy security and reduce fuel exposure. But commercial viability, methane, ecology and investment terms matter.

Read more 👉🏻 https://lankabiznews.com/mannar-basin-natural-gas-sri-lanka/

The global wellness economy is forecast to approach US$9.8 trillion by 2029. Sri Lanka already has recognised natural, c...
20/08/2026

The global wellness economy is forecast to approach US$9.8 trillion by 2029. Sri Lanka already has recognised natural, cultural and traditional-health assets, but capturing the opportunity requires more than promoting retreats. 🧘🏻‍♀️

Wellness industry growth is reshaping tourism, real estate and consumer markets. Sri Lanka has the assets, but can it build the business model early enough?

Read more 👉🏻 https://lankabiznews.com/wellness-industry-growth-sri-lanka/

Sri Lanka currently shares a 10% US Section 301 tariff with several apparel competitors. But Bangladesh, Cambodia, Indon...
19/08/2026

Sri Lanka currently shares a 10% US Section 301 tariff with several apparel competitors. But Bangladesh, Cambodia, Indonesia and Malaysia have been promised a pathway to Section 301-free quotas that Sri Lanka does not currently have.

The White House directed the US Trade Representative to establish three-year tariff-rate quotas, or TRQs, for those four countries. Specified volumes of qualifying textile and apparel goods linked to purchases of US cotton and textile inputs could then enter the United States without the additional 10% Section 301 charge. Sri Lanka was not included in that mechanism.

Read more 👉🏻 https://lankabiznews.com/sri-lanka-us-tariff-2026-apparel-trq/

Hela Apparel raised billions through an IPO and rights issue, secured international development financing and repeatedly...
10/08/2026

Hela Apparel raised billions through an IPO and rights issue, secured international development financing and repeatedly restructured debt. Four years after listing, it says it can no longer pay its debts. What happened between growth and the balance sheet?

Read more 👉🏻 https://lankabiznews.com/hela-apparel-insolvency-growth-debt/

Sri Lankan banks are expanding credit while facing higher operating costs, cyber risks and rapidly changing technology. ...
07/08/2026

Sri Lankan banks are expanding credit while facing higher operating costs, cyber risks and rapidly changing technology. A recent Asian Business Review commentary offers a useful framework for transforming without weakening trust or resilience.

Banking transformation in Sri Lanka requires simpler operations, AI governance, cyber resilience and disciplined fintech partnerships. Read more 👉🏻 https://lankabiznews.com/banking-transformation-in-sri-lanka/

Sri Lankan consumers may be spending more, but that does not necessarily mean they are buying more. Inflation, essential...
07/08/2026

Sri Lankan consumers may be spending more, but that does not necessarily mean they are buying more. Inflation, essential costs, credit growth and uneven income recovery are reshaping demand, and businesses must read the signals carefully.

Sri Lanka consumer spending 2026 is rising alongside inflation and credit. See what this means for retailers, banks, FMCG brands and household demand 👉🏻 https://lankabiznews.com/sri-lanka-consumer-spending-2026/

Islamic finance has grown into a US$4.4 trillion global industry, yet many businesses still misunderstand it as simply “...
27/07/2026

Islamic finance has grown into a US$4.4 trillion global industry, yet many businesses still misunderstand it as simply “banking without interest”.

Sri Lanka already has the foundations of an Islamic financial ecosystem:

🏦 Amãna Bank operates as the country’s fully fledged non-interest-based licensed commercial bank, providing Shariah-compliant banking and business-financing solutions.

📊 LOLC Al-Falaah offers alternative financial services through structures such as leasing, trade finance and profit-sharing investments.

🌱 Vidullanka PLC marked a capital-market milestone by issuing Sri Lanka’s first listed sukuk, raising up to LKR 500 million through an asset-backed structure connected to renewable energy.

Islamic finance is not limited to Muslim customers or religious investment. It can offer businesses alternative ways to finance machinery, trade, infrastructure and expansion while potentially connecting Sri Lanka with investors across the Middle East and wider Islamic capital markets.

The opportunity is real, but attracting serious investment will require stronger awareness, consistent regulation, transparent structures and commercially viable projects.

Read our latest analysis on how Islamic finance works, Sri Lanka’s existing framework and where the country could use it next 👉🏻 https://lankabiznews.com/islamic-finance-in-sri-lanka-how-it-works/

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