BPPL acquires Ravi Industries customer base
BPPL acquires Ravi Industries customer base through a Rs. 300 million business transfer agreement, strengthening its position in Sri Lanka’s industrial manufacturing sector
Manufacturing
Business
Toyota Lanka flagship showroom in Bambalapitiya begins
Toyota Lanka flagship showroom in Bambalapitiya has taken a significant step forward with the groundbreaking ceremony for the company’s newest automotive facility, reinforcing
Economics
2027 Budget primary expenditure ceiling set at Rs. 5.1tn
2027 Budget primary expenditure ceiling has been set at Rs. 5.064 trillion, with the Government outlining a fiscal roadmap aimed at reducing the
Business
Janakan Selvaratnam joins Serendib Hotels Board
Janakan Selvaratnam joins Serendib Hotels Board as an Independent Director, bringing more than three decades of banking, corporate governance and risk management experience
Energy
Sri Lanka 250 MW battery storage project tender launched
Sri Lanka 250 MW battery storage project has been launched through an international competitive tender, marking one of the country’s largest investments in
Finance
Sri Lanka Treasury phishing fraud probed by CoPF
Sri Lanka Treasury phishing fraud came under fresh scrutiny at the Parliament’s Committee on Public Finance (CoPF) after lawmakers were told that three
Investments
Swedish Ambassador optimistic about Sri Lanka
Swedish Ambassador optimistic about Sri Lanka as outgoing envoy Jan Thesleff praised the country’s resilience, improving investment climate and growing economic partnership with
Economics
Sri Lanka awards BIA departure terminal expansion tender to Maga Engineering
Sri Lanka awards BIA departure terminal expansion tender to Maga Engineering following Cabinet approval for a major infrastructure project aimed at increasing passenger
Energy
Sri Lanka Rooftop Solar Aggregation and Virtual Net Metering Project approved
Sri Lanka Rooftop Solar Aggregation and Virtual Net Metering Project has received Cabinet approval to secure approximately US$57 million in financing from the
Government Regulations
Sri Lanka anti-money laundering national policy
Sri Lanka anti-money laundering national policy has been approved by the Cabinet, paving the way for a new five-year framework aimed at strengthening