Business

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

Business

LRI Acquires 71% Stake in Lee Hedges for Rs.3.9bn

LRI acquires 71% stake in Lee Hedges in a landmark Rs.3.93 billion deal that reshapes Colombo’s commercial property sector. The acquisition, completed alongside.

  • January 13, 2026
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Business

Sri Lanka Expo 2026 Set to Attract 1,500 Global Buyers

Sri Lanka Expo 2026 is set to become a premier platform connecting exporters, investors, and buyers globally. The event aims to showcase Sri.

  • January 13, 2026
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Business

Velona Celebrates 85 Years of Care and Innovation

Velona 85 years marks a remarkable journey of resilience, care, and innovation in Sri Lanka. From its beginnings in textiles to becoming a.

  • January 13, 2026
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Business

Sri Lanka Customs Sets 2026 Revenue Target at Rs2,207bn

Sri Lanka Customs sets 2026 revenue target at Rs2,207bn, marking a 13.5 percent reduction from last year. Officials attribute the decline to expected.

  • January 9, 2026
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Business

BOV Capital Achieves Historic Exits, Boosting Sri Lanka Startups

BOV Capital achieves historic exits in 2025/26, marking a milestone for Sri Lanka’s startup ecosystem. The venture capital firm’s portfolio successes, including Insureme.lk’s.

  • January 9, 2026
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Business

Colombo Port City Law Offers 15-Year Tax Holiday

Sri Lanka’s Port City Law introduces a 15-year tax holiday for billion-dollar investments, marking a strategic shift in attracting foreign capital. The law.

  • January 9, 2026
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Business

Turkish Airlines Upgrades Colombo Flights to A350-900

Turkish Airlines upgrades Colombo flights to the advanced A350-900, enhancing travel comfort and connectivity. The airline’s Istanbul-Colombo route now offers improved passenger experience.

  • January 9, 2026
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Business

Link Natural Sampath Bank Partnership Lifts Rural Agriculture

Link Natural Sampath Bank partnership marks a significant step in strengthening rural agriculture by combining financial access, technical expertise, and assured markets. The.

  • January 9, 2026
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Business

XpressJobs Partnership Expands Internship Access

XpressJobs partnership with ESOFT Uni marks a structured effort to improve undergraduate employability in Sri Lanka by connecting academic pathways with verified, industry-aligned.

  • January 8, 2026
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Business

Evergreen Group Tea Production Sets Powerful Industry Benchmark

Evergreen Group tea production reached a historic milestone in 2025 as the private sector giant emerged as Sri Lanka’s largest tea producing group,.

  • January 8, 2026
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