Business

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

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.

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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.

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Business

Seylan Bank Joins PCAF to Strengthen Climate Reporting

Seylan Bank PCAF membership marks a significant milestone in Sri Lanka’s banking sector as the financial institution aligns with global standards for carbon.

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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.

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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.

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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.

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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.

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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.

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Business

Ceylon Tea Leads Global Cold Brew and Bubble Tea Trend

Ceylon Tea cold brew is emerging as a premium trend in 2026, redefining global consumption patterns. With its delicate floral notes and orthodox.

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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.

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