Welcome to Sri Lanka Business Daily
US tariffs to affect economic growth of S. Asia in 2026
(MENAFN) The World Bank has warned that new US tariffs on South Asian imports could significantly dampen the region’s economic growth in 2026, cutting its growth projection from 6.4% to 5.8%, according to a report published on Tuesday. The...
Owner: Sawsan Dababneh & Ramzi AbdelJaber
Japan Forges Stronger Defense Ties with Sri Lanka
(MENAFN) Japan and Sri Lanka took a significant step to strengthen their defense relations on Monday, with Tokyo sending unmanned aerial vehicles (UAVs) to Colombo. During a meeting in Tokyo, Japanese Prime Minister Shigeru Ishiba welcomed Sri...
Owner: Sawsan Dababneh & Ramzi AbdelJaber
Sri Lanka Taxi Charter Service launch Private Taxi Charter Service for Japanese Travelers
COLOMBO, Sri Lanka, Sept. 17, 2025 (GLOBE NEWSWIRE) -- Hong Kong-based Sri Lanka Taxi Charter Service International Limited announces the launch of a 24/7 private taxi charter tailored for Japanese travelers, effective September 1, 2025. The...
Airtel Business Partners with Swift Navigation to Launch India’s First Next-Gen Spatial Precision Solution Offering Centimeter-Level Accuracy
GURUGRAM, India and SAN FRANCISCO, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Airtel Business has entered into a strategic partnership with precise positioning technology leader, Swift Navigation, to launch India’s first AI/ML-powered, cloud-based...
Cord Blood Banking Services Market Size Expected to Reach USD 5.81 Billion by 2034 Driven by Regenerative Medicine and Chronic Disease Therapies
Ottawa, Sept. 18, 2025 (GLOBE NEWSWIRE) -- The worldwide cord blood banking services market size is expected to reach approximately USD 5.81 billion by 2034, increasing from USD 3.27 billion in 2025. The market is growing at a compound annual...
AMG Critical Materials N.V. Announces Sale of Graphit Kropfmühl GmbH to Asbury Carbons
Amsterdam, 10 October 2025 (Regulated Information) --- AMG Critical Materials N.V. (“AMG”, EURONEXT AMSTERDAM: “AMG”) and Asbury Carbons Inc. (“Asbury Carbons”) are pleased to announce the signing of a definitive agreement for AMG to sell Graphit...
Jadoo IPTV Service Drops An Offer That Is Changing How We Watch TV
SAN JOSE, Calif., Oct. 08, 2025 (GLOBE NEWSWIRE) -- Jadoo IPTV has introduced a new way for people to access television content from around the world. A new subscription model is now available that simplifies how viewers enjoy their favorite shows...
Symphony of Leaves Tea Expands to U.S. Hospitality With Single-Serve Ethical Teas and Flavored Honey Pairings
Luxury hotels, restaurants, and spas gain access to ethically sourced teas and honeys tailored for premium guest experiences. NY, UNITED STATES, October 6, 2025 /EINPresswire.com/ -- Symphony of Leaves Tea LTD Co., a premium tea brand...
Indian, Pakistani, Sri Lankan, Bangladeshi and Nepali economists call for reforms—in one voice
New Delhi: South Asian economists—from India, Nepal, Bangladesh, Pakistan, and Sri Lanka—have issued a collective statement after discussing the impact of US President Donald Trump’s tariff, urging the five countries not to get caught up in...
Owner: Shekhar Gupta
Sri Lankan banks and people can take loans in Indian Rupees
All Palestinian prisoners, to be freed under the US-backed hostage deal, have been released from Israeli prisons, The Times of Israel quoted the Israel Defence Force (IDF) spokesman as having said. The prisoners include 250 terror convicts serving...
Owner: Welgama family
Hayleys Mobility launches to redefine Sri Lanka’s transportation future
Indeterminate
Daily FT
·
Hayleys Fentons Ltd., has announced the launch of Hayleys Mobility, a new venture delivering cutting-edge new-energy vehicle solutions and infrastructure, supporting the country’s transition towards sustainable mobility. This initiative comes in...
Owner: Wijewardene Family
Bairaha marks 50 years of leadership in Sri Lanka’s poultry industry
Indeterminate
Daily FT
·
Bairaha was named among Best Companies in Asia Under a Billion by Forbes Founded by M.I.M. Najeem Hajiar, Bairaha began in 1975 with a single farm Bairaha is Sri Lanka’s first large scale quality broiler chicken producer Introduced Contract...
Owner: Wijewardene Family
Coca-Cola appoints Mario Perera as Country Head for Sri Lanka and Maldives
Indeterminate
Daily FT
·
The Coca-Cola Company yesterday announced the appointment of Mario Perera as Country Head for Sri Lanka and the Maldives. With over 14 years of experience in the food and beverage (F&B) industry, Mario brings extensive regional and global...
Owner: Wijewardene Family
Indian banks allowed to give INR loans to Sri Lanka customers
ECONOMYNEXT – The Reserve Bank of India has allowed Indian banks to given loans to customers in Sri Lanka Bhutan and Nepal denominated in Indian rupees. Branches of Indian banks in Sri Lanka would also be allowed to give Indian rupee loans to...
Owner: Sergiy Melnik
NDB Bank partners DIMO to expand customer-friendly leasing solutions
Indeterminate
Daily FT
·
NDB Bank recently entered into a Memorandum of Understanding (MoU) with DIMO to extend affordable and accessible leasing facilities to a wide spectrum of customers. This partnership reflects NDB’s continued focus on enabling mobility and...
Owner: Wijewardene Family
Chinese international trade promoter to bestow ‘Trusted Trader’ certification on eligible Lankan companies
University of Colombo Vice Chancellor Professor Indika Karunathilake says universities must become catalysts for real-world environmental change through regional partnerships that bridge education, research, and policy. Speaking to The Island...
Owner: Welgama family
Deutsche Bank in Sri Lanka: A conversation on strategy, commitment, and growth
Indeterminate
Daily FT
·
Deutsche Bank Group India and Emerging Asia CEO Kaushik Shaparia – Pic by Sameera Wijesinghe Germany’s multinational financial services giant Deutsche Bank Group’s India and Emerging Asia CEO Kaushik Shaparia was in Sri Lanka recently and met up...
Owner: Wijewardene Family
Ogilvy Sri Lanka’s ‘Cloud Coffee’ campaign for Nescafé featured on TikTok for Business
Indeterminate
Daily FT
·
Team behind Cloud Coffee campaign representing Ogilvy, Nestlé and Aleph Validates TikTok as a brand-building platform Becomes first campaign case study from Sri Lanka to be featured on TikTok for Business Geometry Global (A business subsidiary of...
Owner: Wijewardene Family
