Solar Power Surge in Sri Lanka as CEB Clears Long-Standing Debts
Sri Lanka’s renewable energy sector is buzzing with renewed optimism after the Ceylon Electricity Board (CEB) finally settled outstanding dues of around Rs..
Business
Covering the latest developments in the business world, including mergers and acquisitions, new product launches, executive changes, and company earnings reports.
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Industry Analysis
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Economics
Industry Analysis
Unilever Sri Lanka Takes a Big Step Towards Sustainability with New Solar Power Project
Horana, Sri Lanka – Unilever Sri Lanka recently inaugurated a significant solar power project at its Horana factory, demonstrating their commitment to environmental.
- June 12, 2024
Business
Economics
Sri Lanka Confident of Favorable IMF Review Today
Sri Lanka’s State Minister for Finance, Shehan Semasinghe, expressed optimism on Twitter (platform Twitter) ahead of the International Monetary Fund (IMF) board discussion.
- June 12, 2024
Business
Entrepreneurship
Sri Lankan Businesses Demand Action: From Lack of Support to Corruption Concerns
Sri Lanka’s business community is calling on the government to address critical issues hindering entrepreneurship and economic growth. The Sri Lanka United Business.
- June 10, 2024
Business
Industry Analysis
CALOnline 2.0: Investing Made Easier for Sri Lankans
The Capital Alliance (CAL) group has revamped its CALOnline platform, making it simpler than ever for Sri Lankans, particularly everyday investors, to access.
- June 10, 2024
Business
Industry Analysis
Colombo Gets a New Gem: Mövenpick Rebrands as NH Collection
Sri Lanka’s hospitality scene is set for a refreshingly sophisticated upgrade as Minor Hotels, a global leader in the industry, announces the rebranding.
- June 7, 2024
Business
Local Vehicle Assembly in Focus: Discussions Held on Import Restrictions
Sri Lanka’s vehicle industry is in the spotlight as the government weighs the future of import restrictions. State Minister of Finance Ranjith Siyambalapitiya.
- June 7, 2024
Business
Industry Analysis
TRCSL Gives Green Light for Starlink to Provide Internet Services in Sri Lanka
The Telecommunications Regulatory Commission of Sri Lanka (TRCSL) has issued preliminary approval for Starlink, the satellite venture of Elon Musk’s SpaceX, to commence.
- June 6, 2024
Business
Sri Lanka to Boost Exports of Toddy, Kithul, Palm and Coconut Products
Sri Lanka’s government is set to remove obstacles hindering the production and export of toddy, kithul, palm and coconut products, aiming to tap.
- June 6, 2024
Business
SriLankan Airlines Soars Back to Profit as Currency Stabilizes
Sri Lanka’s national carrier, SriLankan Airlines, has reported a turnaround in its financial performance, swinging from a massive loss in 2023 to a.
- June 5, 2024