Business & Economy

Port City Colombo Turns to Maldives for Fresh Investment

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Port City Colombo Turns to Maldives for Fresh Investment

By The Morning Telegraph August 16, 2026

Port City Colombo investment campaign targets Maldivian businesses as Sri Lanka seeks fresh regional capital for its...

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Grand Hyatt Colombo’s Troubled Past Returns as Canwill Holdings Goes Up for Sale

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Grand Hyatt Colombo’s Troubled Past Returns as Canwill Holdings Goes Up for Sale

By The Morning Telegraph August 16, 2026

Canwill Holdings sale advances as Sri Lanka shortlists five bidders for the unfinished Grand Hyatt-linked Colombo development....

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Breaking Sri Lanka Tourism’s Rs. 17.5 Billion ‘Financial Beehive’

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Breaking Sri Lanka Tourism’s Rs. 17.5 Billion ‘Financial Beehive’

By The Morning Telegraph August 16, 2026

Sri Lanka tourism fund worth Rs. 17.5 billion is at the centre of claims of a political...

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Hayleys Group Profit Jumps 61% to Rs. 10.15 Billion

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Hayleys Group Profit Jumps 61% to Rs. 10.15 Billion

By The Morning Telegraph August 14, 2026

Hayleys Group profit before tax rose 61% to Rs. 10.15 billion as quarterly revenue climbed 38% to...

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Remittances, Tourism Dollars and Foreign Investment Support Rupee as Trade Deficit Worsens

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Remittances, Tourism Dollars and Foreign Investment Support Rupee as Trade Deficit Worsens

By The Morning Telegraph August 14, 2026

By Dwayne Ferreira. Sri Lanka rupee gains support from remittances, tourism dollars and investment despite a widening...

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Six Killed as Iran War Talks Hit Fresh Shipping Crisis

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Six Killed as Iran War Talks Hit Fresh Shipping Crisis

By The Morning Telegraph August 11, 2026

Iran war talks face new pressure after six people are killed in a Red Sea attack and...

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Parliament Pushes Major Overhaul of Sri Lanka’s Tax System

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Parliament Pushes Major Overhaul of Sri Lanka’s Tax System

By The Morning Telegraph August 10, 2026

Sri Lanka tax system reforms face renewed scrutiny as Parliament pushes for a wider tax base and...

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Why Global Insurers Fear the X-Press Pearl $1bn Ruling

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Why Global Insurers Fear the X-Press Pearl $1bn Ruling

By The Morning Telegraph August 7, 2026

X-Press Pearl compensation battle tests Sri Lanka’s $1 billion ruling, maritime liability rules and the future of...

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Google’s $15 Billion India Data Centre Faces Growing Backlash

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Google’s $15 Billion India Data Centre Faces Growing Backlash

By The Morning Telegraph August 6, 2026

Google India data centre plans face legal challenges over water shortages, construction noise and risks to protected...

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Sri Lanka AI Talent Gains Global Recognition

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Sri Lanka AI Talent Gains Global Recognition

By The Morning Telegraph July 29, 2026

Sri Lanka AI talent gains international exposure as 3Rive Technologies joins Anthropic’s Claude Partner Network and expands...

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