Sri Lanka President Launches $140Mn Solar Plant
Sri Lanka President Anura Dissanayake has inaugurated the construction of a 100MW solar power plant worth 140 million US dollars, marking a significant.
Business
Covering the latest developments in the business world, including mergers and acquisitions, new product launches, executive changes, and company earnings reports.
Business
Business
Sri Lanka Private Credit Surges Rs201Bn in July
Sri Lanka private credit expanded by 201.5 billion rupees in July 2025, continuing its strong growth momentum and reflecting increased lending confidence under.
- September 8, 2025
Business
Sri Lanka Foreign Reserves Reach $6.16Bn in August
Sri Lanka foreign reserves rose to 6,166 million US dollars in August 2025, reflecting only a modest increase, as concerns persist over monetary.
- September 8, 2025
Business
HNB Securities earns Fitch ‘A(lka)’ rating
HNB Securities has been awarded a first-time ‘A(lka)’ rating by Fitch Ratings, reflecting strong support from parent company Hatton National Bank and the.
- September 5, 2025
Business
Sri Lanka debt outlook improves beyond IMF forecast
Sri Lanka debt is projected to decline faster than IMF forecasts, with economists dismissing fears of a 2028 repayment cliff as overstated, citing.
- September 4, 2025
Business
Sri Lanka completes Japan-funded power project
Sri Lanka has completed its first Japan-funded project following the debt restructure, with the opening of the Habarana-Veyangoda transmission line aimed at strengthening.
- September 4, 2025
Business
Sri Lanka’s first CSR outsourcing model launched
Solutions Ground has launched Sri Lanka’s first CSR outsourcing model, offering businesses a full-service solution to manage strategic corporate social responsibility programs. Solutions.
- September 3, 2025
Business
Kandy Hotels public holding rises to 23%
Kandy Hotels public holding has climbed to 23 percent, marking a significant rise from the previous 15.98 percent in June, according to the.
- September 3, 2025
Business
Sri Lanka external debt falls to $37.1b
Sri Lanka external debt declined slightly to $37.1 billion in the second quarter of 2025, while overall government debt held steady at $102.6.
- September 2, 2025
Business
Softlogic Holdings avoids trading halt
Softlogic Holdings announced that trading of its shares will continue without interruption after the Securities and Exchange Commission of Sri Lanka deferred the.
- August 29, 2025