Industry Analysis

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

Industry Analysis

Union Assurance Teams Up with Union Chemists for Discounts and Enhanced Benefits

Union Assurance, Sri Lanka’s leading life insurer, is enhancing its customer support by partnering with Union Chemists, a renowned pharmaceutical provider with over.

  • August 9, 2024
Read More
Industry Analysis

AIA Sales Convention 2024 Honors Top Performers with Innovation

AIA Insurance recently hosted the AIA Sales Convention 2024 at Shangri-La Colombo, under the inspiring theme ‘WINGS UP – to fly beyond Everest’..

  • August 9, 2024
Read More
Finance

Sampath Bank Reports 45% Increase in PAT for 1H 2024

Sampath Bank announced a significant financial performance for the first half of 2024, with a 45% increase in profit after tax (PAT) to.

  • August 9, 2024
Read More
Finance

Amãna Bank Expands Self-Banking Services with New Centre in Kattankudy

Amãna Bank has inaugurated its latest self-banking centre at Kattankudy Beach Road, marking a significant expansion in its network. This new facility, located.

  • August 8, 2024
Read More
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.

  • August 8, 2024
Read More
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.

  • August 8, 2024
Read More
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.

  • August 8, 2024
Read More
Finance

Seylan Bank Introduces Seylan Factoring to Boost Cash Flow for Businesses

Seylan Bank has launched Seylan Factoring, a new financial service designed to help businesses unlock funds by leveraging outstanding trade receivables. This service.

  • August 7, 2024
Read More
Industry Analysis

Multi Finance PLC Completes Merger with LB Finance PLC

Multi Finance PLC has officially merged with LB Finance PLC following the approval of a special resolution at an extraordinary general meeting held.

  • August 7, 2024
Read More
Finance

ADB and Sri Lanka Secure $100 Million Loan for Power Sector Reforms

On Monday, the Asian Development Bank (ADB) and the Government of Sri Lanka signed a $100 million loan agreement for Subprogram 1 of.

  • August 7, 2024
Read More