Business

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

Business

Mangala Perera appointed CEO of C.W. Mackie PLC

Mangala Perera has been appointed Chief Executive Officer and Executive Director of C.W. Mackie PLC following his promotion from the position of Group.

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Business

Sri Lanka Expo 2027 diplomatic briefing seeks global support to attract buyers and investors

Sri Lanka Expo 2027 received a major diplomatic boost as the Ministry of Foreign Affairs, Foreign Employment and Tourism briefed around 100 representatives.

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Business

UK Trade Envoy discusses exports growth, investment climate with Industry Minister

UK Trade Envoy discusses exports growth, investment climate with Industry Minister as Sri Lanka and the United Kingdom reaffirmed their commitment to strengthening.

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Business

Govt. targets $1 b gem industry as Sri Lanka pushes global hub ambitions

Govt. targets $1 b gem industry as Sri Lanka pushes global hub ambitions by introducing wide-ranging reforms aimed at increasing exports, improving value.

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Business

Ceylon Chamber AGM to spotlight UK ties, competitiveness

Ceylon Chamber AGM to spotlight UK ties, competitiveness as Sri Lanka’s premier business chamber prepares to bring together business leaders, policymakers and diplomats.

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Business

EU project prepares Sri Lanka rubber industry for deforestation regulations

EU project prepares Sri Lanka rubber industry for deforestation regulations as the country strengthens its readiness to comply with new European sustainability requirements.

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Business

Sri Lanka’s Softlogic Life to buy 60-pct of Bangladesh’s Diamond Life Insurance for $1.9mn

Sri Lanka’s Softlogic Life to buy 60-pct of Bangladesh’s Diamond Life Insurance for $1.9mn marks a significant step in the insurer’s regional growth.

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Business

HNB-Nucleus Software celebrate 5 years of partnership

HNB-Nucleus Software celebrate 5 years of partnership as Hatton National Bank PLC (HNB) and global technology provider Nucleus Software marked a major milestone.

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Business

JAECOO J5 HEV launched in Sri Lanka by Hayleys Mobility

JAECOO J5 HEV officially entered Sri Lanka’s premium hybrid SUV market as Hayleys Mobility Limited unveiled the new model with a special introductory.

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Business

Pizza Hut sale valued at $2.7bn announced by Yum! Brands

Pizza Hut sale has been confirmed by Yum! Brands in a landmark transaction worth $2.7 billion, as the restaurant giant moves to streamline.

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