Business

Covering the latest developments in the business world, including mergers and acquisitions, new product launches, executive changes, and company earnings reports.

Business

Economists Warn of Production Shifts as US Tariffs Threaten Sri Lankan Exports

Urgent Reforms Needed to Safeguard $3 Billion Trade Ties Sri Lanka’s $3 billion export trade with the United States — accounting for 25%.

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Business

Moose Clothing: Redefining Everyday Fashion with Purpose and Precision

In an era where fast fashion dominates the retail landscape, Moose Clothing Company is carving a different path—one built on the principles of.

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Business

SLT-Mobitel Powers Sri Lanka’s Robotics Future at IESL Robo Games 2024

Grand finale celebrates innovation, AI, and youth-driven tech excellence In a groundbreaking display of innovation and collaboration, SLT-Mobitel elevated the IESL Robo Games.

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Business

Sri Lankan ICT Innovators to Take Center Stage at Japan IT Week 2025

Ten cutting-edge tech companies set to elevate Sri Lanka’s digital footprint in Japan Sri Lanka is stepping onto the global tech stage in.

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Business

Japan Calls on Sri Lanka to Accelerate Economic Reforms and Deepen Bilateral Relations

As Sri Lanka charts a path toward economic recovery, Japan has stepped forward to encourage bold and timely economic reforms. During a recent.

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Business Uncategorized

Dr. Mahesha Ranasoma Appointed MD of Hemas Pharmaceuticals: A New Era in Healthcare Leadership

Dr. Mahesha Ranasoma has been appointed as the new Managing Director of Hemas Pharmaceuticals and Hemas Surgicals & Diagnostics, marking a significant milestone.

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Business

US Tariff Affects 86% of Sri Lanka’s Export Products

US Tariff Hits 86% of Sri Lanka’s Export Products, Threatening Key Sectors Sri Lanka is facing a significant trade challenge as the U.S..

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Business

Sri Lanka’s Apparel Industry Faces Devastating Impact from Trump’s 44% Tariff on Exports

Sri Lanka’s apparel sector is bracing for significant economic fallout as U.S. President Donald Trump’s newly imposed 44% tariff on Sri Lankan exports.

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Business

Sri Lanka Introduces Insurance Scheme for Kithul, Coconut, and Palm Tappers

Sri Lanka is set to launch an insurance scheme aimed at providing financial protection to workers involved in the risky practice of tapping.

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Business

LOLC Finance Exits Commercial Insurance Brokers for Rs. 333 Million

LOLC Finance Ltd. has exited its 40% stake in Commercial Insurance Brokers Ltd. (CIBL) for Rs. 333 million. CIBL, a joint venture originally.

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