Business

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

Business

CEAT Tyres Selected as Original Equipment for Hyundai Grand i10 Assembled by Abans Auto

CEAT has been selected as the original equipment tyre for the 2024 Hyundai Grand i10, which is assembled, sold, and serviced in Sri.

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Business

Intex Sri Lanka 2024 Opens in Colombo with Global Textile and Machinery Expo

The 15th edition of “Intex Sri Lanka,” South Asia’s leading international textile sourcing platform, officially began at the Sirimavo Bandaranaike Memorial Exhibition Centre.

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Business

ADB Country Director Praises SME Success in Kandy, Pledges Continued Support

Asian Development Bank (ADB) Country Director for Sri Lanka, Takafumi Kadono, recently visited ADB-aided small and medium-sized enterprises (SMEs) in Kandy. Kadono expressed.

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Business

Sunshine Holdings Reports 6.5% Revenue Growth Despite Lower Profit

Sunshine Holdings PLC (CSE: SUN) has reported a consolidated revenue of Rs. 14.2 billion for the first quarter of the 2024/25 financial year,.

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Business

Sri Lanka Launches Institute of Industry Professionals to Tackle Sector Challenges

The Industry Development Board (IDB) has inaugurated the Sri Lanka Institute of Industry Professionals (SLIIP), aimed at providing an active platform to address.

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Business

300 Businesses Eye Sri Lanka’s Dollarized Port City SEZ

Approximately 300 businesses have expressed interest in establishing operations within Sri Lanka’s Colombo Port City Special Economic Zone, with around 50 applications currently.

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Business

Melco Resorts Invests $1 Billion in Colombo’s ‘City of Dreams’ Project

Melco Resorts and Entertainment is making a significant investment in Colombo with its new $1 billion project, ‘City of Dreams Sri Lanka,’ aiming.

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Business

CPA Australia Explores New Collaborations with Sri Lankan Institutions

A delegation from CPA Australia, a leading global accounting body, has visited Sri Lanka to explore potential collaborations with local government bodies, professional.

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Business

MMA Partners with MTI Consulting for Maldives Green Finance Framework

The Maldives Monetary Authority (MMA), the central bank of the Maldives, has enlisted MTI Consulting, an international strategy consultancy, to develop a green.

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Business

Colombo Port Named World’s Best Growing Port for Q1 2024

Colombo Port has been recognized as the World’s Best Growing Port for the first quarter of 2024 by Alphaliner, a leading global shipping.

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