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Business
Sri Lanka business and economy news: markets, companies, trade, prices and the rupee, plus the regional and global business stories behind them.
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Fitch Upgrades Sri Lanka to ‘B-’: Recognition of Progress in Economic Stabilisation
The Ceylon Chamber of Commerce is pleased to see the tangible results of the commitment and sustained efforts towards restoring Sri Lanka’s macroeconomic…
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Anuradhapura and Jaffna SMEs Explore Alternative Capital Raising Avenues
The Colombo Stock Exchange (CSE), in collaboration with the Securities and Exchange Commission of Sri Lanka (SEC) and the Institute of Chartered Accountants of…
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Mobil to Power Excitement as Official Lubricant Partner of Gunner Supercross 2026
Mobil, represented in Sri Lanka by McLarens Lubricants Limited, will join the 16th Gunner Supercross 2026 as the Official Lubricant Partner, strengthening its…
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NMS makes its mark at SLIM DIGIS 2.6 with multi category wins
New Media Solutions (NMS) secured 11 awards four Silver, five Bronze and two Merit Awards at SLIM DIGIS 2.6 for campaigns developed for Softlogic Life…
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World CIO 200 Summit 2026 Grand Opening Ceremony Successfully Held in Colombo
The inaugural day of the global “World CIO 200 Summit 2026,” bringing together Chief Information Officers (CIOs) and technology leaders spearheading digital…
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CIF, the world’s favorite multi-surface cleaning brand, arrives in Sri Lanka
Global multi-surface cleaning brand CIF has officially entered the Sri Lankan market, with products now available at Cargills, Keells, Glomark, Celeste, Daraz…
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Renault Returns to Sri Lanka Through AMW
Renault has returned to the Sri Lankan market in partnership with Associated Motorways (AMW), introducing the Kwid, Kiger, Triber and Duster. The partnership…
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Rush City Sets a New Benchmark for Affordable Premium Living in the Heart of Colombo
Rush Lanka Group has launched Rush City – Phase 01 in Dematagoda, Colombo 09, featuring over 400 modern apartments and lifestyle amenities. Located just 300…
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CBSL Freezes Assets of Six Companies Including Kasagala Green Plantation
The Central Bank of Sri Lanka has issued prohibition orders against six companies and their directors, preventing them from disposing of, transferring or…
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Citypak joins forces with PickMe to launch an island-wide Courier feature
PickMe has launched its new Courier feature in collaboration with Citypak, offering scheduled parcel deliveries across Sri Lanka. Citypak will manage the…
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CEAT Kelani retains Fitch AA+ rating for sixth consecutive year
CEAT Kelani Holdings has retained its National Long-Term Rating of ‘AA+(lka)’ with a Stable Outlook from Fitch Ratings for the sixth consecutive year,…
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Banks warn AI shopping bots raise scam, fraud and data-privacy risks
Technology companies including OpenAI, Anthropic, Google and Meta are increasingly promoting AI chatbots as shopping tools, envisioning a future in which…
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India may clear PLI applications with China investment
The Indian government is likely to consider production-linked incentive applications from auto companies with Chinese investments. This decision comes after…
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CBSL freezes assets of six companies under Finance Business Act
The Central Bank of Sri Lanka has imposed asset-freezing orders on six commercial entities and their directors under Section 44 of the Finance Business Act.…
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Fitch Upgrades Sri Lanka to ‘B-’ With Stable Outlook
Fitch Ratings has upgraded Sri Lanka’s Long-Term Issuer Default Ratings to ‘B-’ from ‘CCC+’ with a Stable Outlook, citing improved fiscal and external…
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Sheikh Mohammed highlights Dubai tourism growth at Arabian Travel Market
Sheikh Mohammed highlights Dubai's tourism surge at ATM 2026 as the city welcomes 7 million visitors and logs 21 million hotel room bookings in the first eight…
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Emirates signs 11 new partnerships on day two of ATM
Emirates signs 11 new partnerships at Arabian Travel Market Dubai, renewing tourism deals with Sri Lanka, Japan and Maldives, supporting OFWs, expanding…
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Emirates hiring continues as airline targets further growth
Emirates Airline continues hiring as strong winter bookings, fleet expansion and new A350 deliveries drive growth plans, with high demand across key markets…
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British Airways to resume daily London-Dubai flights on November 3
British Airways will resume London-Dubai flights on November 3 with daily winter service, rising to twice daily in summer, as the airline rebuilds UK-UAE…
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Etihad Rail, AD Ports launch direct rail freight link to ICAD
Etihad Rail Freight and AD Ports launch direct rail link from Fujairah ports to Abu Dhabi Industrial City (ICAD), enabling on-site customs clearance, faster…
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Dubai South welcomes Dior regional distribution centre
Dubai South inaugurates Dior's 7,200 sqm regional distribution centre at EZDubai Logistics Hub, boosting Middle East logistics, faster boutique replenishment,…
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Sri Lanka–Nordic Business Council Hosts Members’ Day and Panel Discussion on Skills, Start-ups and Innovation
The Sri Lanka–Nordic Business Council (SLNORBC) of The Ceylon Chamber of Commerce hosted its Members’ Day and Panel Discussion under the theme “Skills,…