HNB Begins Discussions to Acquire Bank Al-Falah’s Bangladesh Operations
Hatton National Bank (HNB) has received approval from its Board of Directors to initiate discussions regarding the acquisition of Bank Al-Falah’s Bangladesh operations.
Finance
Finance
NSB Reports Rs. 15 Billion PBT for 1H 2024, Surpassing Previous Year’s PAT
The National Savings Bank (NSB) has reported an impressive profit-before-tax (PBT) of Rs. 15 billion for the first half of 2024, surpassing the
Economics
Sri Lanka’s Economic Recovery to Slow in 2H 2024; Projected Growth at 3.2%
Sri Lanka’s economic growth is anticipated to slow down in the second half of 2024, with a projected overall growth of 3.2%, according
Politics
SL Ambassador Meets Zarqa Chamber of Commerce to Strengthen Trade and Economic Ties
Sri Lankan Ambassador to Jordan, J.A.D.S. Priyangika Wijegunasekara, visited the Zarqa Chamber of Commerce on 21 August, engaging in a productive dialogue aimed
Politics
United Petroleum Meets with Sri Lankan President to Discuss $100 Million Expansion Plan
United Petroleum, an Australian energy giant, has signaled its intent to expand its operations in Sri Lanka by meeting with President Ranil Wickremesinghe.
Markets
Gold Price in Sri Lanka
As of 26th August 2024, gold prices in Sri Lanka have seen a notable fluctuation. Here are the latest rates for 22 Carat
Business
Hambantota International Port Projects 50% Growth by Year-End
The Hambantota International Port (HIP) has achieved significant milestones in 2024, with a 40 percent increase in volumes to date. The port’s Commercial
Tech
Evolving Cybersecurity Threat Landscape: Kaspersky Report Highlights New Risks and Trends
The cybersecurity threat landscape is continuously evolving, with new actors, technologies, and threats emerging, making it increasingly difficult for organizations and individuals to
Tourism
Sri Lanka’s Tourism Income Surges to US$ 328 Million in July, Matching IMF Tranche
Sri Lanka’s tourism sector generated an impressive income of US$ 328.3 million in July 2024, a figure almost matching the country’s half-yearly tranche
Economics
FAO’s Good Agricultural Practices Programme Boosts Crop Yields and Farmer Incomes in Sri Lanka
A Good Agricultural Practices (GAP) programme led by the Food and Agriculture Organization of the United Nations (FAO) is transforming Sri Lankan agriculture