Sri Lanka to Lease Kerawalapitiya Land to MAS Unit
Sri Lanka to lease Kerawalapitiya land to MAS Consolidated subsidiary under a 30-year agreement approved by the Cabinet of Ministers. The project will.
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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Kamal Munasinghe to Head Cinnamon Life Leadership
Kamal Munasinghe to head Cinnamon Life at City of Dreams Colombo, marking a pivotal leadership appointment as the integrated resort enters its next.
- February 18, 2026
Business
Prime Lands Residencies 3Q Earnings Soar Sharply
Prime Lands Residencies 3Q earnings delivered a sharp upswing, reinforcing investor confidence and strengthening the company’s growth narrative. The latest quarterly results highlight.
- February 17, 2026
Business
Oniverse Sri Lanka Investment Signals Strategic Shift
Oniverse Sri Lanka investment underscores the country’s enduring role in premium apparel manufacturing. With a fresh EUR 30 million commitment, the global fashion.
- February 17, 2026
Business
Sri Lanka Fine Aggregate Reform Reshapes Construction
Sri Lanka fine aggregate reform formally replaces river sand in construction specifications nationwide. The Cabinet-backed shift allows standardized alternatives to address environmental restrictions,.
- February 17, 2026
Business
Kerawalapitiya Land Lease to DHT Cement Subsidiary
Kerawalapitiya land lease approval marks a new industrial investment initiative in Sri Lanka. The 30-year agreement grants DHT Cement’s subsidiary access to reclaimed.
- February 17, 2026
Business
LOLC Holdings Profit Falls 20% in Q4 2025
LOLC Holdings profit fell 20 percent in the December 2025 quarter, reflecting mounting cost pressures across its diversified operations. Higher interest expenses, rising.
- February 16, 2026
Business
Sona Shrestha Named ADB Director General
Sona Shrestha has been appointed ADB Director General of the South Asia Department, marking a significant leadership transition at the Asian Development Bank..
- February 12, 2026
Business
Hayleys Chairman’s Awards 2025 Celebrates Breakthrough Innovation
Hayleys Chairman’s Awards 2025 honoured teams across the diversified conglomerate for pioneering innovation, ESG leadership, and operational excellence. The annual event highlighted national.
- February 11, 2026
Business
First Capital Holdings Supports Rebuilding Sri Lanka Fund with Rs. 15 Million
First Capital Holdings has contributed Rs. 15 million to the Rebuilding Sri Lanka fund, reinforcing efforts to provide relief and recovery support to.
- February 11, 2026