NDB Investment Bank Appoints Harshana Jayaweera as CEO
Colombo, Sri Lanka – NDB Investment Bank Ltd. has announced the appointment of Harshana Jayaweera as its Chief Executive Officer, effective February 2025..
Business
Covering the latest developments in the business world, including mergers and acquisitions, new product launches, executive changes, and company earnings reports.
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Business
Sri Lanka’s Tea Exports Reach $1.43 Billion in 2024 with Increased Market Potential
Sri Lanka’s tea exports in 2024 amounted to 245.7 million kilograms, generating $1.43 billion in revenue—marginally surpassing last year’s figure of 241.9 million.
- January 24, 2025
Business
HNB Completes Acquisition of Acuity Partners’ Remaining Stake for Rs. 6.5 Billion
Hatton National Bank (HNB) has successfully acquired the remaining 50% stake in Acuity Partners Ltd. from DFCC Bank for Rs. 6.5 billion. The.
- January 23, 2025
Business
GMA de Silva Jewellers Expands with New Branch in Maharagama
GMA de Silva Jewellers, a renowned family-owned business celebrated for its exquisite 22-carat custom fine jewellery since 1920, has recently opened its newest.
- January 10, 2025
Business
Brandix Expands Apparel Technology Legacy with Fusion Apparel
Fusion Apparel Ltd. has signed an agreement with the Board of Investment (BOI) to invest $1.06 million initially, marking the start of a.
- January 9, 2025
Business
Sri Lanka – Germany Business Council Holds 25th AGM, Strengthens Bilateral Ties
The 25th Annual General Meeting (AGM) of the Sri Lanka – Germany Business Council (SLGBC) took place recently at Hilton Colombo Residences, Colombo.
- January 8, 2025
Business
Gem Sri Lanka 2025 to Shine in Beruwela from January 8-10
The second edition of Gem Sri Lanka 2025, South Asia’s premier gemstone exhibition, will take place from January 8-10, 2025, at Cinnamon Bentota.
- January 8, 2025
Business
Port City Colombo Breaks Ground for Marina Development, Aiming to Boost Business and Tourism
The Port City Colombo will officially break ground for its Marina development on Friday, marking a milestone in its efforts to enhance business.
- January 6, 2025
Business
HNB FINANCE clinches Bronze at TAGS Awards 2024
The TAGS Awards Committee of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) proudly announced HNB FINANCE PLC as the.
- January 2, 2025
Business
Singer Launches Sri Lanka’s First Samsung AI-Powered Smart Store
Singer Sri Lanka has unveiled the country’s first-ever Samsung AI-powered smart store, marking a significant milestone in retail innovation. The new store integrates.
- January 2, 2025