Pan Asia Bank Achieves 32% Increase in PBT for 1H 2024
Pan Asia Banking Corporation PLC reported a solid performance for the first half of 2024, with a Pre-tax Profit (PBT) of Rs. 1,996.
Industry Analysis
Examining specific industries such as technology, healthcare, finance, and manufacturing, including trends, challenges, and opportunities within each sector.
Finance
Industry Analysis
Union Assurance Expands Premium Payment Options
Union Assurance, a leading life insurer in Sri Lanka, has introduced a range of flexible premium payment options to better serve its customers..
- July 26, 2024
Finance
Overseas Realty Reports Rs. 3.5 Billion Profit for H1 2024
Overseas Realty (Ceylon) PLC has announced impressive financial results for the six months ending June 30, 2024. The company recorded a Group Revenue.
- July 26, 2024
Finance
NDB Bank Empowers Tech Professionals with Financial Mastery Workshop
NDB Bank recently hosted a transformative financial mastery workshop aimed at empowering tech professionals with crucial financial skills. Held on July 12th at.
- July 25, 2024
Industry Analysis
Fitch Affirms ‘A-(lka)’ Rating for National Development Bank with Stable Outlook
Fitch Ratings has reaffirmed the ‘A-(lka)’ National Long-Term Rating for Sri Lanka’s National Development Bank Plc (NDB), maintaining a Stable outlook. This decision.
- July 25, 2024
Industry Analysis
Ceylon Tea Traders’ Charity Auction Raises Over Rs.46 Million
The Ceylon Tea Traders Association (CTTA) held a successful charity auction last evening, raising more than Rs.46 million. This event, coinciding with the.
- July 25, 2024
Finance
Japan Restarts Yen Loan Projects to Boost Sri Lankan Economy
The Government of Japan has officially decided to resume disbursement for Yen Loan Projects in Sri Lanka, which were suspended following the country’s.
- July 25, 2024
Finance
Cabinet Approves Amendments to Streamline Tax Appeal Process
The Cabinet of Ministers has approved a set of amendments aimed at expediting the tax appeal process to address delays that have impeded.
- July 24, 2024
Industry Analysis
Sri Lanka’s Handloom Sector to Empower Women and Youth
The local handloom sector in Sri Lanka is set for significant development, with the government implementing various programmes aimed at empowering women and.
- July 24, 2024
Industry Analysis
HSBC Named ‘Best International Bank in Sri Lanka’ by Euromoney
HSBC Sri Lanka has been awarded the title of ‘Best International Bank in Sri Lanka’ by Euromoney in their Awards for Excellence 2024..
- July 23, 2024