NSB Faces Rs7.9bn NPLs; Maldivian Loan Under Scrutiny
Sri Lanka’s National Savings Bank (NSB) is under scrutiny after COPE revealed Rs7.972 billion in non-performing loans, including an allegedly unauthorized $9 million.
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 Lankan SMEs Target EU Markets at BIOFACH 2026
Sri Lankan SMEs explored European markets at BIOFACH 2026 in Nuremberg, gaining practical guidance on EU regulations, buyer engagement, and market strategies. The.
- February 19, 2026
Business
Sri Lanka Expo 2026 Launch Boosts Trade & Investment
Sri Lanka Expo 2026 officially launched as a premier international trade exhibition, showcasing the island’s export potential and investment opportunities. Delegates emphasized its.
- February 19, 2026
Business
Sri Lanka Franchise Expo 2026 Boosts Global Interest
Sri Lanka franchise growth captured global attention at the 2026 Franchise Expo, drawing international brands eager to tap into the island’s strategic market..
- February 19, 2026
Business
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.
- February 18, 2026
Business
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