Radisson transfers Sri Lanka’s Galadari management to Belgian affiliate
EconomyNext: Raddison Hotel Asia Pacific Investments has transferred its rights in Galadari Hotels to its affiliate, Radisson Hospitality Belgium BV, the
EconomyNext: Raddison Hotel Asia Pacific Investments has transferred its rights in Galadari Hotels to its affiliate, Radisson Hospitality Belgium BV, the
Daily Mirror: Sri Lanka’s tourism sector is set for a significant boost following a USD 5.1 million investment agreement signed between
EconomyNext: Sri Lanka has awarded a $ 6.04 million contract, around Rs. 499.66 million, (excluding VAT) for construction of Lot A
EconomyNext: Sri Lanka’s cabinet has approved a proposal to fast-track urban modernisation and branding projects across select towns, including the president’s
Newswire: The Sri Lanka Tourism Promotion Bureau, in coordination with the Embassy of Sri Lanka in Warsaw, held a series of
Newswire: Sri Lanka’s Foreign Minister Vijitha Herath has invited Victorian investors to explore new opportunities being developed in Port City Colombo,
Daily FT: LG Electronics marked a historic milestone in the Sri Lankan commercial technology landscape with the grand opening of its
EconomyNext: Sri Lanka is moving to transition its loss-making national carrier, SriLankan Airlines, into a public-private partnership (PPP) venture within the
Newswire: Sri Lanka has officially launched the second phase of its initiative to offer underutilised state plantation lands and assets for
EconomyNext: The EU-Sri Lanka Business Roundtable held in Colombo had key stakeholders discuss how Sri Lanka can strengthen its position as
Daily Mirror: Sri Lanka became the first country in South Asia to unveil a solar hybrid bakery oven, designed with both
Daily FT: Lanka Ashok Leyland PLC has recorded an outstanding financial performance for the year ended 31 March 2026, with Profit
Daily FT: The Cabinet of Ministers has approved a proposal to make it mandatory for all fresh fruit and vegetable exports
Daily FT: The Board of Investment of Sri Lanka (BOI) has launched a new digital investment platform titled ‘Ready to Invest,’
Daily FT: The International Labour Organisation (ILO), in collaboration with Cargills (Ceylon) PLC and with support from the Government of Norway,
Daily FT: Pelwatte Dairy Industries Limited has announced a significant new investment through its fully owned subsidiary, Pelwatte Foods Ltd., to
EconomyNext: Sri Lanka’s merchandise exports rose 9.87 percent to 1,063.77 million dollars in April 2026 from a year ago, driven by
Daily Mirror: Market leader Home Lands revealed the name of its latest most iconic twin tower high-rise development project in the
Daily FT: Digital Economy Deputy Minister Eranga Weeraratne said Sri Lanka is moving to establish a unified national cybersecurity architecture powered
Daily Mirror: Taking a major step towards digital transformation, Sri Lanka’s traditional tea industry witnessed the inauguration of a digital tea
Daily Mirror: Sri Lanka welcomed 75,465 tourists during the first 17 days of May 2026, with India dominating the arrivals board,
Newswire: Sri Lanka is expanding air connectivity with western India as part of efforts to boost tourism, with direct Ahmedabad–Colombo services
Daily FT: Jyoti Structures Ltd., India, as lead partner, along with Hayleys Fentons Ltd., has signed a joint venture contract for
Daily FT: Plantations and Community Infrastructure Minister Samantha Vidyaratne recently reaffirmed Sri Lanka’s commitment to building a sustainable and community-focused tea
Daily FT: Sri Lanka is preparing to make history in the global tourism and events landscape as the internationally anticipated ‘ONE
Daily FT: An early architect behind the global growth of Booking.com, Jeff Hoffman last week called on smaller nations such as
Daily FT: The Agriculture, Livestock, Land and Irrigation Ministry and the Department of Agriculture, with the technical support of the Food
Daily FT: Prime Melwa Port City Ltd., has formally commenced its highly anticipated world-class marina living experience at Port City Colombo,
EconomyNext: Tourist arrivals into Sri Lanka improved in May, the official data showed, after falling in March and April due to
EconomyNext: Hellmann MAS Supply Chain, a joint venture between Hellmann Worldwide Logistics and MAS Holdings, has developed a logistics facility in
Daily FT: WEAIR, a newest competitor into Sri Lanka’s cargo aviation sector, is set to commence operations on 28 May 2026,
Daily FT: The Hamburg-based Menzell Doehle Group has announced the acquisition of a 40% stake in Colombo’s Westport Marine Ltd., marking
Daily FT: The Sri Lanka-Nepal Business Council (SLNBC) was launched at Cinnamon Lakeside Hotel recently, marking a significant milestone in strengthening
The Morning: The Sri Lanka Ports Authority (SLPA) has revealed plans to expand the capacity of the Colombo West International Terminal
Daily FT: Nepal’s only Forbes-listed billionaire and longstanding investor in Sri Lanka Dr. Binod Chaudhary last week expressed optimism about South
Daily FT: The Ceylon Chamber of Commerce, in partnership with the Confederation of Indian Industry (CII), organised the India–Sri Lanka Business
The Morning: The Board of Investment (BOI) is considering extending the duration of its long-term residence visa programme offered to investors,
The Morning: Dipped Products PLC (DPL), a subsidiary of Hayleys PLC, recently announced a Rs. 2.3 billion into its hand-glove manufacturing
Daily FT: Dynawash Ltd., a leading apparel washing and finishing specialist in Sri Lanka, continues to drive sustainable innovation with its
Daily FT: LAUGFS Power PLC said it has successfully commissioned and connected a 2 MW mini hydro power plant in Polpitiya,
Daily Mirror: Prime Melwa Port City (Pvt) Ltd signed the Sales and Purchase Agreement (SPA) with CHEC Port City Colombo (Pvt)
Daily Mirror: The Fintech Association of Sri Lanka has announced that RealX and NanoSoft Global have emerged as the joint winners
Daily FT: The United Arab Emirates (UAE) and Sri Lanka yesterday discussed expanding bilateral trade and economic cooperation, with a focus
Daily FT: Vidullanka PLC is to invest approximately Rs. 2 billion for a 49% stake in Storex Ltd., following a restructuring
EconomyNext: Sri Lanka’s Embassy in Türkiye explored trade and investment cooperation with the Istanbul Chamber of Commerce while focusing on new
The Morning: Marking a historic milestone in the progressive development of Port City Colombo which is widely regarded as the turning
Daily FT: As part of efforts to unlock the commercial value of underutilised urban land, the Cabinet of Ministers on Monday
Daily FT: In a bid to improve rural agricultural productivity and enhance water security in farming communities, the Cabinet of Ministers
EconomyNext: Sri Lanka’s cabinet has approved a proposal to call bids from international service providers for the provision of security stamps
EconomyNext: Sri Lanka has invited foreign investors to operate the Chinese-built airport in the country’s deep southern district of Hambantota, the