Industry Analysis

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

Tech Industry

Microsoft Addresses Global IT Disruption from CrowdStrike Update

Microsoft has announced steps taken to mitigate the effects of a significant global IT outage linked to a CrowdStrike software update released on.

  • July 22, 2024
Read More
Industry Analysis

Commercial Bank Wins Two Golds at IDB Green Awards 2024

The Commercial Bank of Ceylon achieved remarkable success at the IDB Green Industry Awards 2024, securing two Gold awards and one Bronze. The.

  • July 22, 2024
Read More
Industry Analysis

NDB Collaborates with Sri Lanka Inventors Commission to Boost Innovation

National Development Bank PLC (NDB) has teamed up with the Sri Lanka Inventors Commission (SLIC) for the Sahasak Nimavum Project, a national competition.

  • July 19, 2024
Read More
Finance

Fitch Affirms ‘BBB(lka)’ Rating for NITF, Highlights Reinsurance Challenges

Fitch Ratings has affirmed the ‘BBB(lka)’ insurer rating for Sri Lanka’s National Insurance Trust Fund (NITF), maintaining a stable outlook but cautioning about.

  • July 18, 2024
Read More
Industry Analysis

Nations Trust Bank to Raise Rs. 10 Billion Through Debentures

Nations Trust Bank PLC has announced plans to raise Rs. 10 billion via a listed debenture issue. The Board has resolved to issue.

  • July 18, 2024
Read More
Industry Analysis

Nestlé Lanka Celebrates Long-Standing Business Partnerships at Connect@Nest’24

Nestlé Lanka recently hosted the “Connect@Nest’24” event to honour and recognize the valuable business partnerships that have contributed to the company’s success. This.

  • July 18, 2024
Read More
Finance

Sri Lanka Approves Five Firms for Airport Foreign Exchange Counters

Sri Lanka’s cabinet has approved five companies to operate foreign exchange counters at Bandaranaike International Airport, according to Minister Bandula Gunawardana. Following a.

  • July 17, 2024
Read More
Industry Analysis

SDF Achieves Record Profits in FY 23/24

Sarvodaya Development Finance (SDF) has reported its highest-ever profits for the financial year 2023/24, driven by significant growth in key financial metrics: SDF’s.

  • July 16, 2024
Read More
Industry Analysis

NDB Recognized as ‘Technology Resilient Company of the Year’ at Digital Trust Awards

The Sri Lanka Chapter of ISACA introduced the ‘Digital Trust Award’ to honor organizations excelling in Information Security, with NDB clinching the top.

  • July 15, 2024
Read More
Industry Analysis

Seylan Bank’s Rs. 10 Billion Debenture Issue Oversubscribed on Opening Day

Seylan Bank announced that its recent Rs. 10 billion debenture issue was oversubscribed on its opening day, receiving applications for over 100 million.

  • July 15, 2024
Read More