Industry Analysis

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

Industry Analysis

People’s Bank Relocates Galkiriyagama Branch to New Premises

People’s Bank has recently relocated its Galkiriyagama branch to a new, more spacious location. The new premises offer enhanced convenience for customers and.

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Industry Analysis

Sarvodaya Development Finance Ranked No.1 in Category by K Seeds Investments

Sarvodaya Development Finance PLC has been ranked as the top company in its category by K Seeds Investments, reflecting its exceptional financial performance.

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Industry Analysis

Sri Lanka’s Construction PMI Hits 59.5 in June, Highest in 30 Months

Sri Lanka’s Purchasing Managers’ Index for Construction (PMI – Construction) surged to 59.5 in June 2024, marking its highest value in 30 consecutive.

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Finance

Sri Lanka Keeps Fuel Prices Steady for Aug 2024

Sri Lanka’s retail fuel prices will remain unchanged for August 2024, according to the state-run Ceylon Petroleum Corporation (CPC). The CPC was expected.

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Industry Analysis

Sri Lanka to Expand Rubber Plantations by 100,000 Acres in Three Districts

The Ministry of Agriculture and Plantation Industries has unveiled a master plan to expand rubber cultivation in Sri Lanka, aiming to increase the.

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Industry Analysis

Greenlam Industries’ DesignNXT 3.0 Unites Indian, Sri Lankan Designers in Colombo

Greenlam Industries, a global leader in surfacing solutions, concluded its highly anticipated DesignNXT 3.0 event in Colombo, Sri Lanka on July 27. The.

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Industry Analysis

HNB Assurance and Cargills Bank Partner for Tailored Insurance Solutions

HNB Assurance (HNBA) has announced a strategic partnership with Cargills Bank, aimed at offering tailored insurance solutions designed to meet the specific needs.

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Industry Analysis

Hemas Holdings Posts Rs. 25.5 Billion Revenue for FY25 Q1 Amid Economic Challenges

Hemas Holdings PLC has reported a consolidated revenue of Rs. 25.5 billion for the first quarter of FY25, ending June 30, 2024. Despite.

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Finance

Seylan Bank Profits Soar 50% in June Due to Lower Loan Loss Provisions

Seylan Bank PLC reported a significant profit increase for the quarter ending June, driven primarily by a reduction in loan loss provisions. The.

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Finance

DFCC Bank Offers 0.5% Additional Interest on Fixed Deposits via Online Banking

As a pioneer in the digital banking revolution in Sri Lanka, DFCC Bank is empowering its customers with an additional 0.5% interest on.

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