Sri Lanka Opens Canwill Divestiture for Investors
Sri Lanka’s Government has officially opened the Canwill divestiture, inviting local and international investors to acquire its 100% stake. This strategic move targets.
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 Business Landscape 2026 Shaped by Cheaper Credit
Sri Lanka business landscape 2026 is beginning to show early signs of renewal as declining borrowing costs offer cautious optimism to companies that.
- January 21, 2026
Business
Hela Apparel Mauritius Subsidiary Sale Marks Key Restructure
Hela Apparel Mauritius subsidiary sale is being considered as part of a broader financial restructuring strategy, as the Sri Lankan apparel group seeks.
- January 21, 2026
Business
Mattala Airport Losses Hit Rs.39bn Amid New PPP Plans
Mattala Airport losses have reached an astounding Rs.39.3 billion over six years, highlighting the airport’s severe underutilisation. The Sri Lankan government is now.
- January 13, 2026
Business
CMTA Urges Scrapping Used Vehicle Tax Break in Sri Lanka
The CMTA urges authorities to scrap used vehicle tax break in Sri Lanka, citing economic distortions, revenue loss, and unfair advantages for near-new.
- January 13, 2026
Business
LRI Acquires 71% Stake in Lee Hedges for Rs.3.9bn
LRI acquires 71% stake in Lee Hedges in a landmark Rs.3.93 billion deal that reshapes Colombo’s commercial property sector. The acquisition, completed alongside.
- January 13, 2026
Business
Sri Lanka Expo 2026 Set to Attract 1,500 Global Buyers
Sri Lanka Expo 2026 is set to become a premier platform connecting exporters, investors, and buyers globally. The event aims to showcase Sri.
- January 13, 2026
Business
Velona Celebrates 85 Years of Care and Innovation
Velona 85 years marks a remarkable journey of resilience, care, and innovation in Sri Lanka. From its beginnings in textiles to becoming a.
- January 13, 2026
Business
Sri Lanka Customs Sets 2026 Revenue Target at Rs2,207bn
Sri Lanka Customs sets 2026 revenue target at Rs2,207bn, marking a 13.5 percent reduction from last year. Officials attribute the decline to expected.
- January 9, 2026
Business
BOV Capital Achieves Historic Exits, Boosting Sri Lanka Startups
BOV Capital achieves historic exits in 2025/26, marking a milestone for Sri Lanka’s startup ecosystem. The venture capital firm’s portfolio successes, including Insureme.lk’s.
- January 9, 2026