Industry Analysis

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

Industry Analysis

Foreign Buying Continues Amid Market Declines

Indices closed in the red due to price drops in stocks like Hayleys, Hatton National Bank, and Melstacorp, with the turnover surpassing Rs..

  • July 4, 2024
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Industry Analysis

Sri Lanka Launches GTEX2 with Swiss SECO to Boost Apparel Industry

The Export Development Board (EDB) has formed a strategic partnership with Switzerland’s State Secretariat for Economic Affairs (SECO) to implement the second phase.

  • July 4, 2024
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Industry Analysis

ComBank’s Largest Debenture Oversubscribed on Opening Day, Raises Record Rs. 20 bn

The Commercial Bank of Ceylon’s debenture issue, the largest ever by a private bank in Sri Lanka, closed after being oversubscribed on its.

  • July 3, 2024
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Finance

Sri Lanka Achieves Milestone in Debt Restructuring with IMF Support

The International Monetary Fund (IMF) announced that it welcomes Sri Lanka’s finalization of debt restructuring agreements with major creditor nations, marking a significant.

  • June 28, 2024
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Industry Analysis

Dialog Axiata Completes Acquisition of Airtel Lanka and Begins Amalgamation

Dialog Axiata PLC, Axiata Group Berhad, and Bharti Airtel Ltd. have finalized a share sale transaction, with Dialog acquiring 100% of the issued.

  • June 28, 2024
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Business Industry Analysis

Sri Lanka: Lack of Transparency in Budget Implementation

A report by Verité Research reveals a troubling lack of transparency in Sri Lanka’s budget implementation process. Here’s a breakdown of the key.

  • June 14, 2024
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Business Industry Analysis Tech

Sri Lankan Fintech Startup Secures £4 Million Seed Funding Led by Barclays

WealthOS, a cloud-based wealth management platform founded by Sri Lankan entrepreneurs, has secured £4 million in seed funding. The round was led by.

  • June 13, 2024
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Business Industry Analysis

Rayynor Increases Stake in Hayleys PLC, Becomes Second Largest Individual Shareholder

Electronic media mogul Rayynor Silva further expanded his holdings in Sri Lanka’s diversified blue-chip company, Hayleys PLC, by purchasing an additional 5 million.

  • June 12, 2024
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Business Industry Analysis

Solar Power Surge in Sri Lanka as CEB Clears Long-Standing Debts

Sri Lanka’s renewable energy sector is buzzing with renewed optimism after the Ceylon Electricity Board (CEB) finally settled outstanding dues of around Rs..

  • June 12, 2024
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Business Economics Industry Analysis

Unilever Sri Lanka Takes a Big Step Towards Sustainability with New Solar Power Project

Horana, Sri Lanka – Unilever Sri Lanka recently inaugurated a significant solar power project at its Horana factory, demonstrating their commitment to environmental.

  • June 12, 2024
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