Business

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

Business

George Steuart Joins Commonwealth Enterprise and Investment Council as Strategic Partner

George Steuart & Co., Sri Lanka’s oldest mercantile establishment, has officially joined the Commonwealth Enterprise and Investment Council (CWEIC) as a Strategic Partner,.

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Business

Unlocking Opportunities in Japan: Sri Lankan Exporters Gain Market Insights

A workshop titled “Exporting from Sri Lanka to Japan: Guide and Good Practices” was successfully held on 24 February at Hotel NH Collection,.

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Business

Sri Lanka’s Rubber Market Sees Price Declines and Reduced Auction Supply in February

Sri Lanka’s rubber market witnessed a price decline in February, accompanied by a notable reduction in the quantity offered at the public auction,.

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Business

Ceylon Chamber of Commerce Urges Sri Lanka to Sustain Structural Reforms After IMF Review

The Ceylon Chamber of Commerce has applauded the Sri Lankan government for successfully completing the third review under the IMF Extended Fund Facility.

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Business

Sri Lanka and India Explore Expanded INR-LKR Trade Settlement

Senior central bank officials from Sri Lanka and India have engaged in discussions to enhance the use of their local currencies for cross-border.

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Business

Seylan Bank’s Net Profit Surges 90% in Q4 2024 Amid ISB Restructuring

Sri Lanka’s Seylan Bank PLC reported a 90% increase in net profits, reaching 3.51 billion rupees in Q4 2024, driven by a reversal.

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Business

Sri Lanka’s CBL Expands Munchee and Ritzbury Distribution to Kenya

Sri Lanka’s CBL Group, the makers of Munchee biscuits and Ritzbury chocolates, has established a distribution hub in Kenya to serve both the.

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Business

Sri Lanka’s Exports Surge Beyond USD 1.3 Billion in January 2025

Sri Lanka’s exports soared past USD 1.3 billion in January 2025, marking a significant year-on-year growth. Merchandise exports reached USD 1,004.82 million, reflecting.

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Business

Sri Lanka’s First Culinary Studio Opens with The Hungryislander

The Hungry Islander’s Studio, Sri Lanka’s first-ever culinary studio, has launched in Colombo, offering unique team-building activities and cooking experiences for individuals and.

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Business

HNB Becomes Platinum Sponsor for SLIM Brand Week 2025

SLIM Brand Week 2025, the flagship event by the Sri Lanka Institute of Marketing (SLIM), is set to take place from February 19–21.

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