Oil prices jump as Strait of Hormuz standoff escalates
Crude oil prices rose in early trading Sunday. The price of U.S. crude oil jumped 6.4% to $87.88 per barrel after trading resumed on the Chicago Mercantile Exchange. The price...
Rs. 13.2 billion fraud at NDB : CBSL issues statement
The Central Bank of Sri Lanka says it has been informed by the National Development Bank PLC (NDB) of an...
Lankem Ceylon invests Rs. 3 billion in Sri Lanka’s first state of the art Single Super Phosphate Fertilizer (SSP) factory
Colombo, Sri Lanka, 30th March 2026: Lankem Ceylon PLC has unveiled ‘මඩ රජා’ (Mada Raja), Sri Lanka’s first locally manufactured...
5% GDP growth in 2025
The Department of Census and Statistics (DCS) reported that Sri Lanka’s Gross Domestic Product (GDP) is projected to grow by...
Oil tops $100 again despite historic release of reserves
Oil prices surged past $100 per barrel again overnight, three days after it hit a four-year high, as the US...
Nestlé Celebrates 120 Years of Working Together for Good in Sri Lanka
Nestlé Lanka Limited, the ‘Good Food Good Life’ company marks 120 years of operations in Sri Lanka this year. From...
More In Business
IMF Projects Sri Lanka's Economy to Grow by 3.1% in 2026
(Coolombo) The International Monetary Fund (IMF) has projected that Sri Lanka's economy is expected to grow by 3.1% in 2026. This forecast follows a period of strong recovery noted by...
Oct 29, 2025
LB Finance Al-Salamah Marks 15 Years of Excellence in Alternate Financial Service
Colombo, 8th October 2025 – LB Finance PLC proudly celebrated the 15th anniversary of LB Al-Salamah Alternate Financial Services Unit at a grand ceremony held at Shangri-La Colombo, marking a...
Oct 21, 2025
Sri Lanka’s export earnings hit USD 11.6B in first 8 months of 2025
Sri Lanka’s export sector has continued to demonstrate resilience and steady growth during the first eight months of 2025, recording total earnings of US$ 11,554.32 million. This reflects a strong...
Sep 23, 2025
Xiaomi Launches Redmi 15C in Sri Lanka – Affordable Smartphones for Everyone
Colombo, Sri Lanka – [2nd September 2025] – Xiaomi, a global leader in consumer technology, has officially launched the Redmi 15C in Sri Lanka, reinforcing its commitment to delivering high-quality...
Sep 9, 2025
NAF Joins MasterChef Sri Lanka as Official Poultry Partner
New Anthoney’s Farms (NAF), Sri Lanka’s leading and most trusted poultry producer, has partnered with MasterChef Sri Lanka Season 1 as the exclusive poultry supplier, bringing its renowned HarithaHari antibiotic-free...
Sep 4, 2025
Gamma Interpharm Chairman Kalana Hewamallika Wins Platinum Award at SLEOTY 2025
Mr. Kalana Gamani Kodithuwakku Hewamallika, Chairman of Gamma Interpharm (Pvt) Ltd, was honored with two of the highest accolades at the 25th Sri Lankan Entrepreneur of the Year Awards 2025,...
Sep 3, 2025