As climate-linked regulations, investor expectations, and financing requirements increasingly influence global trade and market access, the Sri Lanka Climate Summit 2026 will place business readiness at the centre of national conversation, with a high-level line-up of policymakers, international agencies, corporate leaders, and technical experts set to examine what climate preparedness means for Sri Lanka’s economy…
Pelwatte Dairy Industries Limited has successfully commissioned its state-of-the-art Effluent Treatment Plant (ETP) at its Buttala manufacturing facility, marking a significant milestone in the company’s journey toward environmental stewardship, ESG compliance, and responsible dairy processing. [ETP Opening | Word] This facility is the largest Effluent Treatment Plant within a dairy processing operation in Sri Lanka,…
The Colombo Stock Exchange (CSE) will be hosting a free online workshop on the implementation of the International Financial Reporting Standards (IFRS) Sustainability Disclosure Standards on Tuesday 23rd June 2026 from 1.00 pm to 4.30 pm. The workshop will be conducted in collaboration with the United Nations Sustainable Stock Exchange Initiative (UN SSE), International Finance…
Aitken Spence PLC, a leading conglomerate with a diverse regional presence, recorded a strong Profit Before Tax (PBT) of Rs. 12.8 billion for the year ended March 31, 2026. The strength of the Group’s diversified portfolio was clearly demonstrated during the financial year, with overseas operations contributing 61% of total profits. This growing international presence…
JAT acquired Mirotone, a 90-year-old globally recognised Australian/New Zealand brand strengthening its international coatings presence. The second phase of the acrylic binder plant expansion was completed, increasing capacity by 76%. Gross profit increased by 21% year-on-year. Local sales increased by 12%, supported by the EV charger business and decorative paints segment. Bangladesh showed a strong…
BBC – The US has announced new tariffs on dozens of countries of 10-12.5% over concerns they are not doing enough to tackle forced labour. It is the second time President Donald Trump’s administration has announced new import taxes since the US Supreme Court struck down many of his previous duties in February. The 60…
Masayoshi Son has overtaken Indian mogul Mukesh Ambani as the richest person in Asia, as surging SoftBank shares led him to amass a fortune of $97 billion. Forbes – SoftBank Group’s Masayoshi Son has become the richest person in Asia amid the AI boom. Market euphoria has propelled shares of the Tokyo-listed investment giant to a record…
Mr. Ivo Krznar, International Monetary Fund (IMF) Mission Chief for Bangladesh issued the following statement: “The Bangladeshi authorities have requested a new IMF financial arrangement to support their economic reform program. IMF staff are engaging with the authorities on their reform agenda and policy priorities as part of the Fund’s consideration of possible next steps….
Sri Lanka’s central government recorded a notable reduction in its total debt stock during the first quarter of 2026, according to the latest figures released by the Public Debt Management Office. The total debt of the central government fell from USD 100,356 million at the end of December 2025 to USD 98,965 million as of…
HayWind One Limited, the wind energy arm of Hayleys Fentons Limited, has achieved a major milestone in the development of its 50 MW Wind Farm Project in Mannar, with the first 25 MW out of the total 50 MW wind turbines successfully arriving at the Trincomalee Port. Once operational, the project is expected to generate…
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