Lanka Business Online

26/08/2025

Ex-President Ranil Wickremesinghe granted bail https://www.lankabusinessonline.com/ex-president-ranil-wickremesinghe-granted-bail/

Former President Ranil Wickremesinghe, who was arrested and remanded on Friday (22), has been granted bail, local media reported. The order was issued by Colombo Fort Magistrate Nilupuli Lankapura. The former President Ranil Wickremesinghe has been released on three surety bails amounting to Rs.

26/08/2025

Sri Lanka’s property market gains spotlight with Minoli Wickramasinghe on global stage https://www.lankabusinessonline.com/sri-lankas-property-market-gains-spotlight-with-minoli-wickramasinghe-on-global-stage/

Minoli Wickramasinghe, Managing Director of Capital Trust Properties, recently represented Sri Lanka at two major international real estate forums in Singapore, spotlighting the nation’s evolving investment landscape and resurgence as a regional property destination. At the APAC Forum 2025, hoste

26/08/2025

Galle Lit Fest expands global reach with new memberships, patronage, and advisory committee https://www.lankabusinessonline.com/galle-lit-fest-expands-global-reach-with-new-memberships-patronage-and-advisory-committee/

Galle Literary Festival (GLF) is entering a bold new chapter as it prepares for its 13th edition in JanuaryWith an expanded membership programme, the addition of influential patrons, and a newly formed Advisory Committee, GLF is strengthening its position as one of South Asia’s most significant cu...

26/08/2025

Mahindra Ideal Finance rolls out revolving credit solution for multi brand vehicle importers and SMEs https://www.lankabusinessonline.com/mahindra-ideal-finance-rolls-out-revolving-credit-solution-for-multi-brand-vehicle-importers-and-smes/

Mahindra Ideal Finance Ltd. (MIFL), one of Sri Lanka’s fastest growing finance company, today announced the launch of the MIFL Revolving Business Loan – a customized loan facility designed to address the short-term working capital needs of multi brand vehicle importers and other SME business own...

26/08/2025

Trial by Media: Bar Association of Sri Lanka Condemns YouTuber Predictions on Case Outcomes https://www.lankabusinessonline.com/trial-by-media-bar-association-of-sri-lanka-condemns-youtuber-predictions-on-case-outcomes/

The Bar Association of Sri Lanka (BASL) has issued a statement on August 25, 2025, regarding comments made on social media and other platforms about matters within the purview of the Judicial Service Commission and the Judiciary, which are both Independent Institutions. The Judicial Service Commi

26/08/2025

Maersk Line Strengthens Ties with SLPA Terminals; Signs Three-Year Terminal Service Agreement https://www.lankabusinessonline.com/maersk-line-strengthens-ties-with-slpa-terminals-signs-three-year-terminal-service-agreement/

25/08/2025

Sri Lanka’s Exports Surge to Nearly USD 10 Bn in First Seven Months of 2025 https://www.lankabusinessonline.com/sri-lankas-exports-surge-to-nearly-usd-10-bn-in-first-seven-months-of-2025/

Sri Lanka's export sector has demonstrated remarkable resilience and steady momentum during the first seven months of 2025, with total exports reaching US$ 9,992.53 Mn, marking a robust 7.79 % growth compared to the corresponding period in 2024. In July 2025 alone, total exports, comprising both

25/08/2025

Interview: Sri Lanka’s real estate sector continues to attract top-tier FDI https://www.lankabusinessonline.com/interview-sri-lankas-real-estate-sector-continues-to-attract-top-tier-fdi/

According to the real estate research division of the Research Intelligence Unit, the island’s real estate sector is currently experiencing a revival in foreign investor interest. Herein, we take great pleasure in conducting an exclusive interview with Tristan Wu, Country Head / Director of Baili ...

25/08/2025

BOI seals landmark USD 171 Mn investment with CEAT OHT Lanka https://www.lankabusinessonline.com/boi-seals-landmark-usd-171-mn-investment-with-ceat-oht-lanka/

Agreement formalises one of the largest Indian investments in Sri Lanka’s manufacturing sector Investment will expand Off-Highway Tyre (OHT) and Tracks manufacturing capacity in Sri Lanka Facilities at Midigama and Kotugoda to focus on export-led production of tyres and tracks for compact cons

24/08/2025

Opinion: The dangerous myth of unpaid public service https://www.lankabusinessonline.com/opinion-the-dangerous-myth-of-unpaid-public-service/

By Tharaka Balasuriya My mother carries a diary of my grandmother, a poignant reminder of the sacrifices made in the name of public service. It details how my grandmother, a reasonably wealthy woman, was left with so little after her husband, my grandfather, had devoted his life to his community

22/08/2025

UK and Sri Lanka sign bilateral debt restructuring agreement reached in June 2024 https://www.lankabusinessonline.com/uk-and-sri-lanka-sign-bilateral-debt-restructuring-agreement-reached-in-june-2024/

• Bilateral debt agreement between the UK and Sri Lanka establishes terms reached between Sri Lanka and Official Creditor Committee in June 2024. • Agreement allows Sri Lanka to resume interest payments, with a grace period to repay the main debt amount until 2028 British High Commissioner A

22/08/2025

Former President Ranil Wickremesinghe arrested; to be produced before Fort Magistrate’s Court https://www.lankabusinessonline.com/former-president-ranil-wickremesinghe-arrested-to-be-produced-before-fort-magistrates-court/

Former Sri Lankan President Ranil Wickremesinghe has been arrested on charges of misusing public funds, according to police. The arrest is in connection with a private overseas trip he made abroad during his tenure as president. The Criminal Investigations Department (CID) took Wickremesinghe int