Business and Economy (Page 3)

FINEXT 2025 Career Fair of the University of Sri Jayewardenepura Connects Undergraduates with Leading Industry Partners

FINEXT 2025, the annual career fair organised by the Students’ Association of Finance of the Department of Finance, Faculty of Management Studies and Commerce, University of Sri Jayewardenepura, was successfully conducted recently, providing undergraduates with valuable exposure to leading organisations across the finance, technology, and professional services sectors. The eventContinue Reading

Siddhalepa Ayurveda Opens New Outlet at Katunayake Airport Departure Terminal, Strengthening Hettigoda Group’s Global Well-being Footprint

Siddhalepa Ayurveda, a key pillar of the Hettigoda Group of Companies, is proud to announce the opening of its newest outlet at the Departure Terminal of the Bandaranaike International Airport (BIA), Katunayake. This expansion marks a significant milestone for the Group as it continues to take the heritage of SriContinue Reading

Prime Minister Highlights Tourism as a Tool of Soft Power at Global Forum in Davos

Prime Minister Dr. Harini Amarasuriya participated in a high-level dialogue titled “Tourism as Soft Power and Diplomatic Capital” held at the Euronews Hub, Piz Buin Davos, on the sidelines of the World Economic Forum on January 20. The session explored how tourism functions as a strategic instrument of diplomacy byContinue Reading

Sunshine Holdings to Acquire 75% Stake in Leading Export-Oriented Company, Joint Agri Products Ceylon (Private) Limited

Sunshine Holdings PLC (SUN), one of Sri Lanka’s diversified conglomerates, announced its intention to acquire a 75% stake in Joint Agri Products Ceylon (Private) Limited (JAPC), a leading export-oriented company, subject to the conditions in the Share Purchase Agreement (SPA) signed on 21st January 2026. The signing of the SPA took placeContinue Reading

Fairway Holdings Launches Its 7th Luxury Apartment Project, “Fairway Latitude”

Fairway Holdings, a leading condominium developer in Sri Lanka, synonymous with luxury and quality, celebrated the launch of its 7th apartment project, Fairway Latitude, on 20 January 2026, at Cinnamon Life. Located at No. 7, High Level Road, Kirulapone, Fairway Latitude represents the latest chapter in an expansive portfolio ofContinue Reading

Nations Trust Bank becomes first bank in Sri Lanka to secure post‑crisis multilateral debt funding through IFC

Nations Trust Bank PLC (NTB) has secured up to USD 70 million debt financing package from the International Finance Corporation (IFC), marking a significant milestone in supporting the recovery of small businesses, which were disproportionately affected by Sri Lanka’s multiple crises. This is IFC’s first debt transaction in Sri Lanka’sContinue Reading

Writer Business Services Enters Sri Lanka to Partner with Institutions to Provide Information Management and Payments Solutions

Writer Corporation, one of India’s leading business groups, today announced the launch of its subsidiary, Writer Business Services Pvt. Ltd., and the commencement of its operations in Sri Lanka. The expansion reflects Sri Lanka’s strategic importance in Writer’s regional growth plans and its role in supporting a highly regulated digitalContinue Reading

Evolution Auto Reinforces Leadership in Sri Lanka’s EV Market with the Country’s Widest and Most Diverse Electric Vehicle Portfolio for 2026

Evolution Auto, Sri Lanka’s leading electric mobility solutions provider, reaffirmed its position at the forefront of the country’s electric vehicle (EV) transition, announcing that it is fully geared for 2026 with the widest and most diverse electric vehicle portfolio available in the Sri Lankan market. With a comprehensive EV offeringContinue Reading

Moose launches Sri Lanka’s Official ICC Men’s T20 World Cup 2026 Jersey and Moose Fans App

As Sri Lanka Cricket prepares for the ICC Men’s T20 World Cup 2026, Moose Clothing Company, the Official Clothing Partner of Sri Lanka Cricket, marked a major milestone with the launch of Sri Lanka’s Official ICC Men’s T20 World Cup 2026 Jersey, alongside the unveiling of the Moose Fans AppContinue Reading

HierTalent: The AI-Powered Platform, set to Redefine Recruitment

HiAcuity, in partnership with Radicle Solutions (Pvt) Ltd., recently announced the launch of HierTalent, an all-new AI-powered recruitment platform. The platform is designed to help businesses overcome the time-consuming and costly challenges faced when searching for the right talent when it is needed most. Today, many CEOs say recruitment hasContinue Reading