Sri Lanka’s growth recovery exceeded expectations but remains fragile
The Asian Development Bank’s (ADB) flagship economic publication, the Asian Development Outlook (ADO) April 2025, forecasts Sri Lanka’s recovery to …
Companies
Sri Lanka launches the new National Anti-Corruption action plan
The Commission to Investigate Allegations of Bribery and Corruption (CIABOC) has officially launched the National Anti-Corruption Action Plan (NACAP) 2025-2029 …
CEAT’s share in Sri Lanka’s Original Equipment tyre market tops 90-pct
Six years after it entered into its first Original Equipment Manufacturer (OEM) partnership in Sri Lanka, CEAT Kelani Holdings has grown into a significant …
Ceylon Chamber Expresses Deep Concern over US Tariffs
The Ceylon Chamber of Commerce expresses deep concern over the imposition of a 44% tariff on Sri Lankan exports to the United States (US). With the US …
Celebrating progress and partnerships: EZVIZ’s new product launch in Sri Lanka
EZVIZ, a global leader in smart home security solutions, proudly hosted its event, ‘EZVIZ: LEADING SMART HOME EMPOWERMENT 2025’ at Cinnamon Life last week. …
Strengthening Sri Lanka’s reputation for responsible sourcing
Sri Lanka’s apparel industry has long been held up as a leader in ethical manufacturing, and that reputation has been further validated by a strong …
Shyam Sathasivam succeeds veteran leader Vish Govindasamy at Sunshine Holdings PLC
Sunshine Holdings PLC (CSE: SUN) announced that Vish Govindasamy will be stepping down from his executive role within the Group to a Non- Executive role as …
ASUS unveils its AI Powered: Vivobook 14 Flip, Zenbook Duo & Zenbook 14
ASUS, a Taiwanese tech giant is set to push the boundaries of innovation with its latest lineup of AI-powered laptops offering versatile performance, stunning …
Optimism among Swedish companies working with Sri Lanka
"Growth in the last five years, growth in 2024 and optimism for 2025." These are some of the key findings from the Sweden-Sri Lanka Business Council's (SSLBC) …
Seafoods, Seacucumber, and Seizing Opportunity in Jaffna
By Jekhan Aruliah Mr Ganendran is from Navaly, near Manipay Jaffna. Born in 1975 to a Christian Catholic family, Ganendran had his schooling from Grade 3 to …
CBL Foods International wins Gold for best in-house R&D unit at National awards
CBL Foods International (Pvt) Ltd. (CBLF), a subsidiary of CBL Group, was awarded Gold for Best In-House Research and Development Unit at theNational Industry …
Fortude celebrates milestones in leadership development and community impact
Fortude, a global enterprise technology solutions provider, celebrated key milestones achieved under the Guiding Leadership & Outreach (GLO) program, a …
MAS Holdings to gain greater access to growing Indian market with expansions in Odisha, India
MAS Holdings, South Asia’s largest apparel manufacturer, marked a significant milestone in its global expansion by breaking ground for its first facility in …
Capital Trust Properties (Pvt) Ltd. joins Leading Real Estate Companies of the World®
Capital Trust Properties (CTP), recognized as the largest property transaction company in Sri Lanka and a one-stop shop for all real estate services from A to …
CBL Group expands global footprint with entry into Kenya
CBL Group, a food conglomerate, has entered the Kenyan market by establishing a distribution hub as part of its strategic move to strengthen exports and …
HP unveils the next evolution of large format printing to Sri Lanka
HP has introduced the HP DesignJet Smart Tank T908 MFP and T858 SFP, the first large-format ink tank printers in Sri Lanka, exclusively distributed by The …
HNB PLC completes full acquisition of Acuity Partners: Rebrands as HNB Investment Bank
Hatton National Bank PLC (HNB), Sri Lanka’s second largest Private Bank, announced the successful acquisition of full ownership of Acuity Partners (Pvt) Ltd …
Hemas Group records earnings of Rs. 3 bn, a 36-pct growth for the quarter
The Hemas Group recorded earnings of Rs. 3.0 billion, a 36.3 percent growth in consolidated earnings for the quarter with revenue increasing by 6.4 percent to …
Sri Lanka’s DFCC’s Acuity Stake Disposal Yields Limited Capital Boost
Sri Lankan DFCC Bank PLC’s (DFCC, A(lka)/Stable) divestment of its 50% stake in Acuity Partners (Pvt) Limited (APL) is unlikely to result in a material …
Joint Chambers and Associations proposed solutions for Port congestion crisis
In light of the ongoing challenges faced at the Colombo port, the below listed Joint Chambers, along with key trade, maritime and logistics associations, wish …