Business
Pearson unveils PTE Core English exam suite and recognizes its key agents

In the wake of Sri Lanka’s economic crisis, hundreds of thousands of mostly young people are looking to migrate for employment, and seeking better opportunities abroad. By the end of 2022, over 300,000 people had left the country, many of them professionals. These individuals are looking for greener pastures and a way to support their families. Meanwhile, a key obstacle facing potential migrants is English language proficiency assessment, which is a key requirement for migration to popular destinations such as Canada, the UK, Australia, New Zealand and many other countries. Against this backdrop, Pearon’s PTE suit of English exams is helping to facilitate these young people as they seek to achieve their dreams on foreign shores. In fact, during 2023, over 3200 applications were made by Sri Lankans seeking Permant Residency status in Canada, with 84% receiving approval, highlighting the promising prospects for aspiring Sri Lankans.
Accordingly, Pearson, the global giant in educational services, recently hosted a special event to mark the launch of PTE Core to Sri Lanka, marking an important milestone for English language proficiency assessment in Sri Lanka. PTE Core is the latest addition to the Pearson Test of English (PTE) suite of exams, which opens doors for foreign study, employment and migration opportunities, particularly to Canada. Alongside the launch, a partner meet was also held for Pearson’s key agents and partners in Sri Lanka. During the event, which was held at Shangrila Colombo, officials from Pearson South Asia took the opportunity to highlight the valuable contributions of its Sri Lankan agents and celebrate their achievements.
A number of distinguished dignitaries and key stakeholders were present at the event, including the Counselor – Political and Trade – Canadian High Commission, Daneil Bood, and Ms. Premila Paulraj, Director of Employability and Qualifications at Pearson South Asia. Their participation served to highlight the potential of PTE Core in facilitating language proficiency to better harness opportunities for work and migration to Canada.
The event put the spotlight on the versatility and reliability of PTE Core, emphasizing its acceptance by the Canadian border agency. With its convenient format, fast results, and enhanced security, PTE Core is an ideal choice for individuals in Sri Lanka aspiring to work, or migrate to Canada. Pearson Test of English (PTE) scores open doors to 3,000+ universities, colleges, and professional bodies globally, and is also approved for all UK, Australian, Canadian, and New Zealand visa and immigration categories. Furthermore, PTE’s endorsement by prestigious universities and institutions, including Oxford University, Harvard Business School, and Macquarie University, underscores its credibility and global recognition.
Business
ComBank unveils new Corporate Branch at Head Office

The Commercial Bank of Ceylon has transformed its iconic ‘Foreign Branch’ into the ‘Corporate Branch,’ reaffirming its commitment to delivering dedicated, comprehensive financial solutions to corporate and trade customers.
The Bank said this transformation represents a new milestone in its illustrious journey, and resonates with the rich commercial heritage of Colombo, a city that has long served as a vital trading hub in the region.
Strategically located at the Bank’s Head Office at Commercial House, 21, Sir Razeek Fareed Mawatha (Bristol Street), Colombo 1, this rebranded Corporate Branch stands as a first of its kind in Sri Lanka —a premier financial hub tailored exclusively to the needs of corporate customers, the Bank said. The transformation aligns with the Bank’s vision of providing unparalleled service excellence, bespoke financial solutions, and fostering long-term business partnerships.
Commenting on this strategic initiative, Commercial Bank’s Managing Director/CEO Sanath Manatunge stated: “It is our aspiration that just as the historic Delft Gateway, at which our Head Office is located, once opened the path to the Dutch Fort, our Corporate Branch will chart a new era of enduring and prosperous business collaborations, that will extend beyond Sri Lanka’s shores.”
Business
Fits Retail and Abans PLC Unveil Exclusive DeLonghi Premium Coffee Experience

Fits Retail has partnered with retail giant Abans PLC to showcase the iconic DeLonghi coffee machines at two of Colombo’s most prestigious locations: Abans Elite Colombo 3 and Abans Havelock City Mall showrooms.
At these dedicated demonstration zones, visitors can discover the unparalleled precision engineering and user-friendly technology that have made DeLonghi machines the preferred choice for discerning coffee lovers in more than 46 countries worldwide. Renowned for consistently delivering café-quality espresso, cappuccino, and even specialty cold brews, DeLonghi machines exemplify Italian innovation at its finest.
Yasas Kodituwakku, CEO of Fits Retail, expressed excitement about the collaboration: “This partnership represents our unwavering commitment to bringing global coffee excellence to Sri Lankan connoisseurs. With Abans PLC, we’re creating more than just demonstration spaces; we’re curating premium destinations for an authentic coffee experience.”
“As pioneers of premium lifestyle experiences in Sri Lanka, our collaboration with Fits Retail aligns seamlessly with our vision of elevating everyday moments into exceptional experiences,” said Tanaz Pestonjee, Director Business Development at Abans PLC.
Business
Members’ Night of the Sri Lanka – Russia Business Council of The Ceylon Chamber of Commerce

The Sri Lanka-Russia Business Council (SLRBC) of The Ceylon Chamber of Commerce (CCC) hosted a Members’ Night on March 27, at the Sophia Colombo City Hotel. The event, attended by His Excellency Levan S. Dzhagaryan, Ambassador of Russia to Sri Lanka, offered a valuable platform for business leaders, embassy officials, and Members to discuss and explore opportunities for deeper Sri Lanka-Russia collaboration, a CCC news release said.
SLRBC President, Mr. Jude Fernando, kicked off the evening with a speech highlighting the importance of strengthening international ties, which was followed by H.E. Dzhagaryan’s address on the need for continued engagement between the two countries. The event featured networking opportunities, allowing Members to connect with key stakeholders and discuss future business ventures, followed by a delightful dinner.
The event was made possible with the generous support of sponsors, including OCEAN 7 Logistics (Pvt) Ltd, Bally/Walkers Tours, Fibre cement associations, Ceylon Fresh Teas, SCANWELL Logistics, Regency Teas, Shan Teas, and others, whose contributions were key to its success.
The SLRBC is committed to further facilitating trade and cultural exchange between Sri Lanka and Russia, continuing to foster stronger business relationships.
-
Business6 days ago
Colombo Coffee wins coveted management awards
-
Features2 days ago
Robbers and Wreckers
-
Features4 days ago
Sri Lanka’s Foreign Policy amid Geopolitical Transformations: 1990-2024 – Part III
-
News1 day ago
Suspect injured in police shooting hospitalised
-
Midweek Review4 days ago
Inequality is killing the Middle Class
-
Features6 days ago
Sri Lanka’s Foreign Policy amid Geopolitical Transformations: 1990-2024 – Part I
-
Features5 days ago
A brighter future …
-
Business3 days ago
National Anti-Corruption Action Plan launched with focus on economic recovery