Proposed takeover values the Sri Lankan listed company at approximately Rs. 1.5 billion Arcasia Investment & Trading and ATX Partners have launched a Rs. 0.40-per-share offer for Industrial Asphalts (Ceylon) PLC after securing agreements covering 50.16% of the listed company. This article explains the transaction, its valuation, regulatory process and the important details shareholders should […]
Nalaka Ratnayake Takes the Helm with a Reform-Focused Vision for Export Growth and Global Competitiveness The Exporters Association of Sri Lanka has elected a new leadership team for 2026/27, with Nalaka Ratnayake appointed Chairperson. The Association’s renewed agenda focuses on trade digitalisation, logistics efficiency, market access, export diversification and stronger participation by small and medium-sized […]
Sri Lanka Renewable Energy & Investment Sri Lanka Urged to Establish Clear Technical Frameworks for Renewable Energy, Battery Storage and Smart Grid Development to Accelerate Clean Energy Investment, Strengthen National Energy Security, Build Investor Confidence and Support Long-Term Sustainable Economic Growth Sri Lanka’s transition towards renewable energy is gaining momentum, but industry experts believe the […]
