Business

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

Business

Singer Launches Sri Lanka’s First Samsung AI-Powered Smart Store

Singer Sri Lanka has unveiled the country’s first-ever Samsung AI-powered smart store, marking a significant milestone in retail innovation. The new store integrates.

  • January 2, 2025
Read More
Business

Abbotsleigh Tea Estate Achieves Record Tea Production and Sales in 2024

Abbotsleigh Tea Estate has set a remarkable milestone by producing and selling the highest quantity of tea for 2024, totaling an impressive 2,029,990.

  • January 2, 2025
Read More
Business

Audit Exposes Rs. 2.66 Billion Loss in Electric Vehicle Permit Scheme for Migrant Workers

The National Audit Office has uncovered a staggering Rs. 2.66 billion loss and significant mismanagement in the former administration’s electric vehicle import scheme.

  • December 18, 2024
Read More
Business

Colombo International Maritime and Logistics Conference Honors Top Industry Leaders

The 10th anniversary of the Colombo International Maritime and Logistics Conference (CIMC), held last month, celebrated the contributions of industry leaders and organizations.

  • December 16, 2024
Read More
Business

Medihelp Hospitals Acquires Revival

Marking a significant milestone, Medihelp Hospitals, Sri Lanka’s largest primary healthcare network, has officially acquired Revival chain of Physiotherapy and Pain Management Centers..

  • December 10, 2024
Read More
Business

PickMe Expands Delivery Services for Holiday Season

PickMe is set to launch a new feature on its platform, facilitating the delivery of spirits and soft liquor during the holiday season..

  • December 9, 2024
Read More
Business

 HNB FINANCE expands footprint with new branch in Panadura

Sri Lanka’s leading integrated financial services provider, HNB FINANCE PLC, proudly announced the launch of its new branch in Panadura, as part of.

  • December 5, 2024
Read More
Business

WindForce Achieves Strong Q2 Growth Through Strategic Realignment

WindForce PLC has announced exceptional financial results for the second quarter of the 2024/25 fiscal year, attributing its success to a strategic focus.

  • November 18, 2024
Read More
Business

Fonterra Receives Strong Buyer Interest for Sri Lanka Unit and Consumer Division

New Zealand-based Fonterra has announced that it has received significant buyer interest in its Sri Lanka unit and global consumer division as part.

  • November 12, 2024
Read More
Business

COYLE Leadership Forum 2024: Empowering Future Business Leaders in Sri Lanka

The Chamber of Young Lankan Entrepreneurs (COYLE) held its flagship 2024 Leadership Forum at the Shangri-La Colombo, gathering thought leaders, entrepreneurs, and visionaries.

  • November 4, 2024
Read More