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.
Industry Analysis
Examining specific industries such as technology, healthcare, finance, and manufacturing, including trends, challenges, and opportunities within each sector.
Finance
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.
- August 1, 2024
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.
- August 1, 2024
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.
- August 1, 2024
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.
- August 1, 2024
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.
- August 1, 2024
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.
- July 31, 2024
Tech Industry
SLT-Mobitel Nebula Institute Becomes 10th IET On Campus Chapter
The SLT-Mobitel Nebula Institute of Technology has been recognized as the 10th IET On Campus Chapter through a partnership with the Institute of.
- July 31, 2024
Finance
Government to Issue New Gazette for Rs. 1,700 Wage for Plantation Workers
The government is set to implement the Rs. 1,700 daily wage for plantation workers by issuing a fresh gazette within the first two.
- July 31, 2024
Finance
JKH Reports Rs. 7.7 Billion EBITDA but Suffers Rs. 868 Million Loss in 1Q FY25
Top blue-chip company John Keells Holdings Plc (JKH) reported an EBITDA of Rs. 7.7 billion for the first quarter of FY25, marking a.
- July 31, 2024