Industry Analysis

Examining specific industries such as technology, healthcare, finance, and manufacturing, including trends, challenges, and opportunities within each sector.

Finance

SDB Bank’s 2024 Financials Showcase Resilience and Strategic Growth

SDB Bank, the only private development bank in Sri Lanka, has demonstrated remarkable resilience and financial strength in its 2024 financial year, achieving.

  • March 12, 2025
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Industry Analysis

PMI Reports Growth in Manufacturing and Services Sectors in November

Sri Lanka’s manufacturing and services sectors showed strong growth in November, according to the latest Purchasing Managers’ Index (PMI) data. The manufacturing PMI.

  • December 17, 2024
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Finance

ACCA Sri Lanka Presents Budget Proposals for 2025 to Deputy Minister of Finance

The Association of Chartered Certified Accountants (ACCA) Sri Lanka recently submitted its comprehensive proposals for the 2025 National Budget to Deputy Minister of.

  • December 17, 2024
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the 10th year Anniversary of Nawaloka Medicare hospital at its state-of-the-art, seven-story facility in the heart of Negombo.
Healthcare

Nawaloka Medicare Celebrates 10 Years of Excellence, Honoring Deshamanya H.K. Dharmadasa, Who Has Been Featured on a Commemorative Stamp

Nawaloka Medicare (Pvt.) Ltd., Sri Lanka’s premium healthcare provider, recently celebrated its 10th anniversary at its state-of-the-art facility in Negombo, with the participation.

  • December 5, 2024
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Finance

Sri Lanka’s Central Bank Net Foreign Reserves Turn Positive in October 2024

Sri Lanka’s net foreign reserves moved into positive territory in October 2024, with reserves exceeding reserve-related liabilities by approximately 63 million US dollars,.

  • December 4, 2024
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Finance

People’s Bank Records Rs. 6.4 Billion PAT for Q3 2024, Reflecting Strong Performance

People’s Bank has reported a profit-after-tax (PAT) of Rs. 6.4 billion for the third quarter of 2024, despite the challenging macroeconomic environment in.

  • December 2, 2024
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Finance

Sri Lanka Bondholders Incentivized to Join Exchange, Says CB Governor

Holders of Sri Lanka’s defaulted sovereign bonds have been given sufficient incentives to participate in the exchange launched this week, according to Central.

  • November 28, 2024
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Finance

Vallibel Finance Raises Rs. 3 Billion Through First-Ever Listed Debenture Issue

Vallibel Finance PLC has successfully raised Rs. 3 billion through its inaugural listed debenture issue, which concluded last week. The issue attracted overwhelming.

  • November 26, 2024
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Finance

Hela Apparel Holdings Reports 36.5% Revenue Growth in Q2 FY25

Hela Apparel Holdings PLC has reported a remarkable financial turnaround for the second quarter ending 30 September 2024, marking the return to operating.

  • November 18, 2024
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Finance

NDB Reports Strong Profit Growth Amid Improving Economic Conditions in Sri Lanka

The National Development Bank PLC (NDB) has announced robust financial results for the nine months ending 30 September 2024, highlighting its resilience and.

  • November 14, 2024
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