LB Finance secures USD 35 Mn in long-term funding from Norfund and Swedfund
LB Finance PLC has secured long-term funding of USD 20 million and USD 15 million from Norfund and Swedfund, respectively. This marks the first time LB Finance is entering into…
SL showcases regional AI hub ambitions at MWC Shanghai
Sri Lanka has outlined an ambitious vision to transform itself from a consumer of artificial intelligence (AI) technologies into a trusted regional producer and partner in the global digital economy,…
Garment export earnings fall 4.8% in first five months despite May rebound
Sri Lanka’s garment and textile export earnings declined by 4.84 percent during the first five months of 2026 compared to the corresponding period last year, although the sector recorded a…
AA representative at FIA Extra Ordinary General Assembly in Macau
Federation Internationale de L’ Automobile (FIA) which is the World Largest Mobility and Sports Organisation in Geneva Switzerland, who has membership of 245 Clubs from 149 Countries held its Extra…
‘Kotagala Kahata Rasa Wasana 2025’ awards winners with TVS Scooty motorcycles
Kotagala Kahata concluded its much-anticipated ‘Rasa Wasana 2025’ consumer promotion with a prize-giving ceremony held recently at the Grand Oriental Hotel, Colombo. The event celebrated five winners, each of whom…
Tokyo Cement hosts ‘Build Beyond 2026 Summit’
Tokyo Cement hosted ‘Build Beyond 2026 Summit’, a premier knowledge-sharing conference that brought together leading academics, civil and structural engineering experts and professionals of the Sri Lankan construction industry. The…
Asia Asset Finance announces Rs. 1.5 Bn Rights Issue
Asia Asset Finance PLC has announced a Rs. 1.5 billion Rights Issue, marking a step towards strengthening its capital position and accelerating the company’s next phase of growth. In a…
Vietjet opens bookings for first-ever direct flights between Sri Lanka and Vietnam
Vietjet has opened bookings with special launch fares for its new Colombo–Ho Chi Minh City route, scheduled to commence on August 18. The service will be the first scheduled direct…
Sri Lanka Apparel exports rise nearly 8% in May as US demand rebounds
Sri Lanka’s apparel and textile exports recorded their strongest monthly performance of the year in May 2026, rising 7.96 percent year-on-year to US$394.14 million, driven largely by a sharp recovery…
Senok delivers Foton double cab fleet to NEM Constructions
Senok Trade Combine (Pvt) Ltd, recently handed over a fleet of Foton Tunland G7 Double Cab vehicles to NEM Construction, further strengthening its partnership with Sri Lanka’s growing construction and…