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.

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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’..

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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