Sri Lanka’s FDI Surges 90% in Q1 Amid Renewed Investment Push
BOI reports significant growth in foreign and domestic investment as President urges strategic expansion into new sectors. Sri Lanka has seen a remarkable.
Business
Covering the latest developments in the business world, including mergers and acquisitions, new product launches, executive changes, and company earnings reports.
Business
Business
Sri Lanka Faces Economic Headwinds Amid Dollar Crunch and US Tariff Challenges
US Tariff Challenges, Export Pressures, and Political Balancing Test Dissanayake’s Economic Strategy Sri Lanka’s fragile economic recovery is facing mounting pressure as the.
- June 23, 2025
Business
Energy Costs May Rise, but Sri Lanka Invests in Childcare for Long-Term Growth
As global oil prices threaten to push energy costs higher, Sri Lanka partners with the World Bank to improve childcare—a strategic move to.
- June 20, 2025
Business
Browns Investments Strengthens Tea Dominance with LKR 4.8 Billion FLMC Plantations Acquisition
With its latest strategic buyout, Browns Investments fortifies its status as Sri Lanka’s — and the world’s — largest tea producer, while reinforcing.
- June 20, 2025
Business
Siyapatha Finance Boosts Sri Lanka Capital Market with Rs. 5 Billion Debenture Issue
Strategic Move to Strengthen Lending Portfolio and Support Sri Lanka Capital Market Growth Siyapatha Finance PLC, a leading non-bank financial institution and a.
- June 19, 2025
Business
Ceylon Chamber Hosts High-Level Business Talks with Dhaka Chamber Delegation
Strategic Forum Aims to Boost Sri Lanka–Bangladesh Trade and Investment Partnerships The Ceylon Chamber of Commerce, in collaboration with the Sri Lanka–Bangladesh Business.
- June 19, 2025
Business
Sri Lanka Eyes Steady Recovery with 4.2% GDP Growth in 2025
Boosted by monetary easing, tourism, and IMF support, Sri Lanka’s economy continues its rebound, though global risks may temper gains. Sri Lanka’s economy.
- June 18, 2025
Business
Quarterly Growth Report Reveals 4.8% Economic Expansion for Sri Lanka in Q1 2025
Quarterly Growth Report shows industrial and services sectors driving rebound despite agricultural slowdown Sri Lanka’s economy expanded by 4.8% year-on-year in the first.
- June 17, 2025
Business
Sri Lanka’s Foreign Reserves Overstated by $1.4 Billion, Says FactCheck
Inclusion of Ineligible Chinese Swap Raises Concerns Over Transparency in Reserve Reporting Foreign Reserves Data Misaligned with International Standards Sri Lanka’s official foreign.
- June 16, 2025
Business
Sri Lanka’s Electricity Prices Still 96% Higher Than 2022 Despite Tariff Cuts
Consumers See Minimal Relief, While CEB Faces Mounting Financial Losses Electricity Prices Surge Despite Revisions Sri Lanka’s electricity tariffs remain approximately 96% higher.
- June 16, 2025