Business

190 Articles
Business

Sri Lanka unlocks new market opportunities with 15 conformity assessment accreditations by SLAB

Sri Lanka Accreditation Board (SLAB), under the patronage of the Ministry of Trade, Commerce, Food Security and Cooperative Development, marked a significant milestone...

Business

City of Dreams Sri Lanka to open in August, marking record $1.2bn private tourism investment

Developed by John Keells Holdings and Melco Resorts, the project will introduce South Asia’s first luxury integrated resort with licensed casino operations under...

Business

A test of leadership in Sri Lanka’s economic recovery

Krishan Balendra’s appointment as Chairman of the Ceylon Chamber of Commerce comes at a time when Sri Lanka’s economic trajectory hangs in delicate...

Business

Indian Defence Ministry’s Mazagaon Dock Shipbuilders acquires majority stake in Colombo Dockyard

In a major strategic move, India’s public sector company, Mazagaon Dock Shipbuilders (MDL), has announced that it will be acquiring a majority stake...

Business

Renewable energy sector on the brink of collapse due to Govt policy

The local renewable energy sector is facing a severe crisis following a government decision to slash electricity purchase tariffs by up to 30%,...

Business

Sri Lanka’s exports rise 7.1% in first 5 months of 2025

Sri Lanka’s export sector is showing strong momentum in 2025, with total earnings reaching US$ 6.93 billion in the first five months of...

Business

Ceylon Chamber of Commerce appoints Krishan Balendra as chairperson

Krishan Balendra, Chairperson of John Keells Holdings PLC, has been elected as the new Chairperson of the Ceylon Chamber of Commerce at its...

Business

LankaPay processes Rs. 34 Trillion in transactions for 2024

Sri Lanka’s national payment network ‘LankaPay’ processed a total of Rs. 34 trillion in transactions in 2024, its CEO Channa De Silva said,...