Mattala Airport Losses Hit Rs.39bn Amid New PPP Plans
Mattala Airport losses have reached an astounding Rs.39.3 billion over six years, highlighting the airport’s severe underutilisation. The Sri Lankan government is now
Business
Business
CMTA Urges Scrapping Used Vehicle Tax Break in Sri Lanka
The CMTA urges authorities to scrap used vehicle tax break in Sri Lanka, citing economic distortions, revenue loss, and unfair advantages for near-new
Business
LRI Acquires 71% Stake in Lee Hedges for Rs.3.9bn
LRI acquires 71% stake in Lee Hedges in a landmark Rs.3.93 billion deal that reshapes Colombo’s commercial property sector. The acquisition, completed alongside
Business
Sri Lanka Expo 2026 Set to Attract 1,500 Global Buyers
Sri Lanka Expo 2026 is set to become a premier platform connecting exporters, investors, and buyers globally. The event aims to showcase Sri
Business
Velona Celebrates 85 Years of Care and Innovation
Velona 85 years marks a remarkable journey of resilience, care, and innovation in Sri Lanka. From its beginnings in textiles to becoming a
Trade Agreements
Ceylon Tea Leads Global Cold Brew and Bubble Tea Trend
Ceylon Tea cold brew is emerging as a premium trend in 2026, redefining global consumption patterns. With its delicate floral notes and orthodox
Education and Career
FitsAir Certified for A320 Pilot Training in Sri Lanka
FitsAir A320 pilot training is now officially certified in Sri Lanka, allowing the airline to conduct cadet and conversion programs in-house. This milestone
Real Estate
Sri Lanka to Restart Krrish Tower and Stalled Projects
Krrish Tower in Colombo is set to resume construction as authorities push to revive stalled high-rise projects across Sri Lanka. The initiative aims
Tourism
Kandy Breeze Night Fest Opens Night Market to Boost Tourism
Kandy Breeze Night Fest officially begins today, introducing a new night market concept aimed at strengthening tourism and evening activity in Sri Lanka’s
Government Regulations
Rebuilding Sri Lanka Programme to Drive National Recovery
Rebuilding Sri Lanka will be formally launched on January 13 as a national programme designed to guide the country’s post-disaster recovery and rehabilitation.