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Sri Lanka Business Update: Growth, Reforms, and Global Partnerships in 2025

Business Correspondent at theCapitalist.lk As Sri Lanka continues its journey of economic recovery in 2025, several key developments have shaped the nation’s business landscape. IMF Agreement and Economic Projections In April 2025, Sri Lanka reached a staff-level agreement with the International Monetary Fund (IMF) on

Business·Latest

Mithila Wegapitiya Appointed Vice Chairman of LAUGFS Holdings Following Co-Founder’s Exit

COLOMBO, Sept. 2025 – Mithila Wegapitiya has been appointed the new Vice Chairman of LAUGFS Holdings Ltd., following the resignation of Thilak de Silva, Co-Founder and former Vice Chairman, last week. This significant leadership change comes in the wake of Vallibel Three Ltd., led by business tycoon Dhammika Perera, acquiring

Nations Trust Bank to Acquire HSBC Sri Lanka’s Retail Banking Business for LKR 18 Billion

Colombo, 24 September 2025 — Sri Lanka’s banking sector is set for one of its most significant

Government Targets $6.5 Billion in Export Earnings from Tea, Coconut, Rubber, and Cinnamon by 2030

COLOMBO, Sept. 2025 – Plantation and Community Infrastructure Minister Samantha Vidyaratna announced that the Government has set an ambitious

U.S. Economy: What to Expect in the Coming Months

Quick Summary Current Situation: Strengths and Strains The U.S. economy in mid-2025 presents a mixed picture.

Business·Latest

Laugfs Gas Explores Strategic Options for Hambantota LPG Terminal Subsidiary

by Staff Writer

3 weeks ago

Business·Latest

Vallibel One Buys 34.7 Mn Fortress Resorts Shares at Rs. 21.00; Directors Disclose Relevant Interests

Note: the Rs. 729.7 million figure is calculated from the disclosed share count and price, and the filing does not state the

by Staff Writer

3 weeks ago

Business·Latest

Sunshine Healthcare Acquires 22% Stake in Doc990 Operator, Expanding into Digital Health

The Investment About Doc990 Strategic Rationale A Partnership-Led Growth Story Leadership Comments The Bigger Picture

by Staff Writer

3 weeks ago

Business·Latest

LAUGFS Supermarkets Marks a New Milestone with the Grand Opening of Its 45th Outlet in Ekala

Executive Summary

by Staff Writer

2 months ago

Business·Latest

B P P L Holdings Declares First Interim Dividend for FY2026/27

B P P L Holdings PLC has announced its first interim dividend for the financial year ending 31 March 2027. The Board

by Staff Writer

3 months ago

Business·Latest·Uncategorized

Resilience, Reinvention and Risk-Taking: Key Take-aways from the I AM COYLE Leadership Forum 2025

By Staff Writer, The Capitalist The Chamber of Lankan Entrepreneurs (COYLE) hosted the I AM COYLE Leadership Forum 2025 on 10 November 2025 at

by Staff Writer

1 year ago

Business·Latest

Lanka Sugar launches first brown sugar retail network in Nugegoda, strengthening domestic value chain

By TheCapitalist.lk Business Desk November 13, 2025 Lanka Sugar Company, operating under the Ministry of Industries and Enterprise Development, has officially launched

by Staff Writer

1 year ago

Business·Latest

Sri Lanka Poised for Major Shift in Fuel Refining: Sinopec to Kickstart $3.7B Refinery; State Plant to Undergo Massive Expansion

Colombo, September 16, 2025 Sri Lanka is preparing for a transformational leap in its fuel infrastructure as the government confirms that China’s

by Staff Writer

1 year ago

Business·Latest

Sri Lanka Climbs Global Democracy Rankings, Advances in Representation, Rights, and Rule of Law

COLOMBO, Sept. 2025 – Sri Lanka has made notable progress in the 2025 Global State of Democracy Indicesreleased by the International Institute for Democracy and

by Staff Writer

1 year ago

Business·Latest

Dhammika Perera Acquires Significant Stake in LAUGFS Holdings

Colombo, September 9, 2025 | By TheCapitalist.lk Research Division – Equity & Capital Markets Dhammika Perera, Sri Lankan business magnate, has expanded

by Staff Writer

1 year ago

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