Business

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

Business

Seafood industry calls for action against illegal Indian trawlers

Illegal Indian trawlers operating in Sri Lankan waters have once again become a major concern for the country’s seafood industry, with exporters urging.

Read More
Business

Pink Eagle Holdings accelerates global expansion strategy

Pink Eagle Holdings is strengthening its position as a diversified Sri Lankan conglomerate, expanding its footprint across multiple industries while pursuing an ambitious.

Read More
Business

Evolution Auto launches ‘Xpeng G6’ in Sri Lanka

Evolution Auto launches ‘Xpeng G6’ in Sri Lanka, introducing a new generation intelligent electric SUV aimed at raising standards in the country’s rapidly.

Read More
Business

DMASL and LIA continue collaboration to elevate Sri Lankan creativity on global stage

DMASL and LIA continue collaboration to elevate Sri Lankan creativity on global stage, reinforcing efforts to connect local talent with international opportunities, industry.

Read More
Business

Eswaran Brothers empowers women through transformative leadership journey

Eswaran Brothers empowers women through transformative leadership journey through the launch of its flagship She Transforms programme, a six-month initiative designed to strengthen.

Read More
Business

Maharaja Foods expands retail with SPAR partnership

Maharaja Foods expands retail with SPAR partnership as the company accelerates its presence in Sri Lanka’s retail sector with the launch of a.

Read More
Business

Hayleys Maldives Resort Sale Agreed for $17.25 Million

Hayleys Maldives Resort Sale has been formalized through an agreement to divest a Maldivian hospitality subsidiary for US$17.25 million, marking a significant portfolio.

Read More
Business

Sampath Bank Port City Colombo Branch Approved

Sampath Bank Port City Colombo Branch has received regulatory approval, marking a significant milestone in the bank’s expansion strategy and strengthening Sri Lanka’s.

Read More
Business

Hayleys FY 2025/26 Revenue Surpasses Rs.585 Billion

Hayleys FY 2025/26 Revenue reached a historic milestone as the diversified conglomerate recorded the highest turnover in its history, surpassing the half-trillion-rupee mark..

Read More
Business

CIC Holdings FY26 Profit Growth Exceeds 24%

CIC Holdings FY26 Profit Growth exceeded 24 percent as the diversified conglomerate delivered strong earnings despite weather-related disruptions affecting parts of its agricultural.

Read More