Sri Lanka remittances surge 25% in September
Sri Lanka remittances rose sharply in September 2025, with workers’ transfers reaching USD 695.7 million — up nearly 25% from a year earlier.
Business
Covering the latest developments in the business world, including mergers and acquisitions, new product launches, executive changes, and company earnings reports.
Business
Business
US sanctions Laugfs Dubai unit over Iran LPG trade
The US Treasury has sanctioned Slogal Energy DMCC, a Dubai-based unit of Sri Lanka’s Laugfs group, for allegedly trading in Iranian LPG. The.
- October 10, 2025
Business
Sri Lanka CB Buys $177M from Banks in September
Sri Lanka CB purchased $177.3 million from commercial banks in September 2025, raising total foreign currency purchases this year to $1.4 billion. This.
- October 10, 2025
Business
Sri Lanka VASP Survey Launched by Central Bank
The Financial Intelligence Unit (FIU) of the Central Bank of Sri Lanka has launched a mandatory survey targeting Sri Lanka VASP operators, marking.
- October 8, 2025
Business
Asia-Pacific credit outlook faces trade risks
The Asia-Pacific credit outlook remains steady in 2025, but S&P Global Ratings warns that trade tensions and slowing growth could pose risks in.
- September 24, 2025
Business
SriLankan strategy: five-year plan for financial stability
The SriLankan strategy sets a clear five-year course to restore financial stability and recover from recent fleet disruptions, while expanding capacity and improving.
- September 24, 2025
Business
Blossom Well invests $2.99m in boutique hotel
Blossom Well boutique hotel project in Sri Lanka has secured BOI approval with a $2.99 million investment to boost tourism near Yala. BOI.
- September 23, 2025
Business
Indian Business Delegation Meets Sri Lanka Firms
Indian business delegation in Sri Lanka engaged in B2B meetings organized by the National Chamber to strengthen trade, investment, and partnership opportunities. National.
- September 23, 2025
Business
Proparco Sri Lanka Eyes New Investments
Proparco Sri Lanka has expressed readiness to support private sector financing following the country’s completion of its sovereign debt restructuring. The move signals.
- September 22, 2025
Business
Sri Lanka life insurance posts strong growth
The Sri Lanka life insurance sector is gaining momentum, with listed insurers reporting solid gross written premium (GWP) growth in 2024 and the.
- September 19, 2025