LKNOG Conference 2024 to Elevate Sri Lanka’s Network Infrastructure
The LKNOG (Lanka Network Operators Group) Conference 2024, set to take place from August 12th to 16th at Galle Face Hotel and Hotel
Tech
Finance
Pan Asia Bank Unveils ‘SME Re-Energizer’ Loan to Support Business Growth
Pan Asia Bank has launched its new ‘SME Re-Energizer’ loan, a collaborative initiative with the Sri Lankan Government aimed at providing crucial financial
Industry Analysis
Sanjeewa Bandaranayake Appointed CEO/GM of People’s Leasing & Finance
People’s Leasing & Finance PLC (PLC), a leading non-bank financial services institution and a subsidiary of People’s Bank, has announced the appointment of
Economics
July 2024 National Tea Sales Average Declines by 1.5%
In July 2024, the national tea sales average in Sri Lanka decreased by 1.5%, reaching Rs.1,223.88 (US $4.05) compared to Rs.1,243.69 (US $4.12)
Economics
Sri Lanka’s Government Revenue Soars by 41% in First Half of 2024
Sri Lanka has seen a substantial increase in government revenue, with a 41% rise year-on-year (y-o-y) in the first six months of 2024,
Tourism
Sri Lanka Welcomes 1.2 Million Tourists in 2024
Sri Lanka has achieved a significant milestone in its tourism sector, reaching a target of 1.2 million tourists by August 2024. According to
Entrepreneurship
BOC Launches Support Initiative for Young Entrepreneurs to Address Brain Drain
The Bank of Ceylon (BOC) has unveiled a groundbreaking initiative aimed at supporting young entrepreneurs in Sri Lanka. The new program, designed to
Personal Finance
INQ Holdings, SBI Funds, Citigroup Lead Adani Energy’s $1 Billion QIP
INQ Holdings, a unit of the Qatar Investment Authority, along with SBI Mutual Fund and foreign investment firms Nomura and Citigroup, emerged as
Industry Analysis
Sri Lanka International Insurance Summit 2024: Aug 12-14 at Shangri-La Colombo
The Insurance Association of Sri Lanka (IASL) is set to host the ‘Sri Lanka International Insurance Summit 2024’ from August 12-14 at the
Business
Intex Sri Lanka 2024 Opens in Colombo with Global Textile and Machinery Expo
The 15th edition of “Intex Sri Lanka,” South Asia’s leading international textile sourcing platform, officially began at the Sirimavo Bandaranaike Memorial Exhibition Centre