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 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,.

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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.

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Business

LOLC Holdings Profit Falls 20% in Q4 2025

LOLC Holdings profit fell 20 percent in the December 2025 quarter, reflecting mounting cost pressures across its diversified operations. Higher interest expenses, rising.

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Business

Sona Shrestha Named ADB Director General

Sona Shrestha has been appointed ADB Director General of the South Asia Department, marking a significant leadership transition at the Asian Development Bank..

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Business

Hayleys Chairman’s Awards 2025 Celebrates Breakthrough Innovation

Hayleys Chairman’s Awards 2025 honoured teams across the diversified conglomerate for pioneering innovation, ESG leadership, and operational excellence. The annual event highlighted national.

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Business

First Capital Holdings Supports Rebuilding Sri Lanka Fund with Rs. 15 Million

First Capital Holdings has contributed Rs. 15 million to the Rebuilding Sri Lanka fund, reinforcing efforts to provide relief and recovery support to.

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Business

Sri Lanka Tea and Coconut Exports: EDB Hosts Networking Session

The Sri Lanka tea and coconut exports sector received a boost as the Export Development Board (EDB) hosted a networking session for new.

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Business

Sri Lanka, Japan to Sign Economic Policy Dialogue MoU

Sri Lanka and Japan are set to formalize an economic policy dialogue through a memorandum of understanding (MoU), aiming to boost trade, investment,.

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Business

Investor Shows Interest in Sri Lanka’s Hyatt Project Casino

A prospective investor for Sri Lanka’s half-built Hyatt building in Colombo has expressed interest in operating a casino, according to discussions during a.

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Business

Sri Lanka Franchise Expo 2026 Signals Strategic Shift

Sri Lanka Franchise Expo 2026 marks a decisive moment for the island’s franchise sector, signalling growing institutional confidence and investor appetite. Scheduled for.

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