Sri Lankan banks’ offshore lending surges 52% amid Middle East conflict risks

Sri Lanka’s banks increased lending to overseas borrowers by more than 50 percent in the year to June 2026, with offshore loans accounting for over a third of their outstanding…

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Public–Private partnership: Cabinet approves bill to establish PPP agency

Sri Lanka’s Cabinet of Ministers have approved the publication of a new bill to establish a National Agency for Public-Private Partnerships (PPPs) and provide the legal framework to promote and…

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SL–Thailand Business Council seeks FTA roadmap, 10,000 job opportunities

The Sri Lanka–Thailand Business Council (SLTBC) has sought a clear roadmap for implementing the Sri Lanka–Thailand Free Trade Agreement (FTA) and details on proposed employment opportunities for 10,000 Sri Lankan…

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China pulls out of port project in Sri Lanka

COLOMBO: A Chinese state-owned firm has withdrawn from a $392 million joint venture to develop a major logistics hub at Sri Lanka’s main seaport, the key local partner said on…

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Hemas Hospitals Brings a New Global Standard of MRI Technology to Sri Lanka

Sri Lanka’s first MRI with Siemens Healthineers’ Deep Resolve AI technology sets a new national benchmark in diagnostic imaging, bringing…

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CMTA and Sudath Perera Associates address legal action to combat fake spare parts.

The Ceylon Motor Traders Association (CMTA), the most senior automotive association in South Asia, and Sudath Perera Associates, one of…

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Global Stock Markets Plunge Amid Fears of U.S. Economic Slowdown

Global stock markets experienced a significant sell-off on Monday, August 5, 2024, as fears mounted that the U.S. economy is…

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Homegrown Leadership, Reflecting Belluna’s Future-Focused Vision

Granbell Hotel Colombo, a flagship property of Belluna Lanka, the…

MullenLowe Sri Lanka’s consistency earns ‘Effie Agency of the Year’

MullenLowe Group, Sri Lanka’s largest Brand Communications Company, once again…

Teejay Group Strengthens Resilience as Market Conditions Soften in Q1 FY2026/27

The Teejay Group recorded revenue of LKR 15.64 billion in…

Hatch Fund Singapore Makes First Investment in Cultive8, a Globally Scaling Agri-Tech Startup

Hatch Fund Singapore has announced the completion of its first…

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