Business

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

Business

Com’ Bank of Ceylon Wins 6 Asian Business Awards

Commercial Bank of Ceylon achieved a notable success by winning six awards at the Asian Business and Finance (ABF) annual awards ceremony held.

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Business

Megakem Engineering Expands with New Showrooms and Launches Megalistic Super 540

Megakem Engineering Ltd. has marked a significant expansion by inaugurating two new showrooms under its “Megakem” brand. The newly opened showroom in Gampaha.

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Business

Sri Lanka to Cultivate Hybrid Durian Varieties for Export Expansion

Sri Lanka is set to grow 20,000 durian plants of two hybrid varieties aimed at boosting export opportunities, announced Agriculture Minister Mahinda Amaraweera..

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Business

Telco and Banking Leaders Partner to Boost SME Digital Transformation

In a landmark initiative to drive digital transformation for small and medium-sized enterprises (SMEs), Dialog Enterprise, the corporate ICT solutions arm of Dialog.

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Business

Sri Lankan Land Market Sees Increased Demand and Price Growth

The Sri Lankan land market has experienced significant interest, with bare land being the most sought-after, representing 46% of the market. Land prices.

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Business

Sri Lanka to Introduce New Insolvency Bill for MSMEs

President Ranil Wickremesinghe has announced that a new bill will be introduced to address business bankruptcies, as it is not feasible to indefinitely.

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Business

Sri Lanka Coconut Prices Hit 17-Month High

Sri Lanka’s average coconut prices climbed 2.3 percent, rising from 82,616 rupees to 84,592 rupees per 1,000 nuts at an auction on July.

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Business

Consumer Spending Rebounds with USD 42.65 Billion in 2024

Consumer expenditure in Sri Lanka has shown a robust recovery, reaching USD 42.65 billion in 2024. This notable increase over the past 18.

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Business

Sri Lanka Halts Sale Process of SriLankan Airlines

The Cabinet of Ministers has decided to terminate the current sale process of SriLankan Airlines, according to the State-Owned Enterprises Restructuring Unit. The.

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Business

CEAT Kelani Wins Eight Gold Awards for Quality Improvement at NCQP 2024

CEAT Kelani Holdings, Sri Lanka’s leading tyre manufacturer, achieved remarkable recognition at the National Convention on Quality and Productivity (NCQP) 2024, organized by.

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