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.
Business
Covering the latest developments in the business world, including mergers and acquisitions, new product launches, executive changes, and company earnings reports.
Business
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.
- June 19, 2026
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.
- June 19, 2026
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.
- June 18, 2026
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.
- June 17, 2026
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.
- June 17, 2026
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.
- June 17, 2026
Business
SLID launches Public Sector Forum to advance governance excellence in State-Owned Enterprises
SLID launches Public Sector Forum to advance governance excellence in State-Owned Enterprises, marking a significant step toward strengthening accountability, transparency, and board leadership.
- June 16, 2026
Business
Deepal Sri Lanka unveils S05 REEV; announces Changan’s NEVO Brand arrival
Deepal Sri Lanka unveils S05 REEV; announces Changan’s NEVO Brand arrival, marking a significant development in Sri Lanka’s growing new energy vehicle sector.
- June 16, 2026
Business
Payable acquisition by Short Circuit to boost digital payments
Payable acquisition by regional technology firm Short Circuit is expected to accelerate the growth of Sri Lanka’s digital payments ecosystem, strengthening the country’s.
- June 15, 2026