Industry Analysis

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

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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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