Business

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

Business Entrepreneurship

Sri Lanka’s Green Entrepreneurship for Mangroves Program Gains Momentum

President Ranil Wickremesinghe received an update on the progress of the Green Entrepreneurship for Mangroves Program. This ambitious initiative aims to develop over.

  • June 13, 2024
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Business

Sri Lanka’s Airports Authority Soars to New Heights with Record Revenue

Airport and Aviation Services (Sri Lanka) (Private) Limited (AASL), a state-owned company, has achieved remarkable success in 2023. Their annual report, released on.

  • June 13, 2024
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Business Industry Analysis

Rayynor Increases Stake in Hayleys PLC, Becomes Second Largest Individual Shareholder

Electronic media mogul Rayynor Silva further expanded his holdings in Sri Lanka’s diversified blue-chip company, Hayleys PLC, by purchasing an additional 5 million.

  • June 12, 2024
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Business Industry Analysis

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..

  • June 12, 2024
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Business 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
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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
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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
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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
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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
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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
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