CALOnline 2.0: Investing Made Easier for Sri Lankans
The Capital Alliance (CAL) group has revamped its CALOnline platform, making it simpler than ever for Sri Lankans, particularly everyday investors, to access.
Industry Analysis
Examining specific industries such as technology, healthcare, finance, and manufacturing, including trends, challenges, and opportunities within each sector.
Business
Industry Analysis
Business
Industry Analysis
Colombo Gets a New Gem: Mövenpick Rebrands as NH Collection
Sri Lanka’s hospitality scene is set for a refreshingly sophisticated upgrade as Minor Hotels, a global leader in the industry, announces the rebranding.
- June 7, 2024
Business
Industry Analysis
TRCSL Gives Green Light for Starlink to Provide Internet Services in Sri Lanka
The Telecommunications Regulatory Commission of Sri Lanka (TRCSL) has issued preliminary approval for Starlink, the satellite venture of Elon Musk’s SpaceX, to commence.
- June 6, 2024
Business
Industry Analysis
Sunshine Holdings Achieves Record Revenue Growth in FY2024
Sunshine Holdings PLC (CSE: SUN), a leading diversified Sri Lankan conglomerate, reported strong financial performance for the year ended March 31, 2024. The.
- June 3, 2024
Industry Analysis
Tourism
Colombo Gets a Revamp! Softlogic Hotel Rebrands as NH Collection Colombo
Colombo’s hospitality scene is set for a refresh as Softlogic Holdings announces the rebranding of its city hotel. Effective June 1st, the property.
- May 31, 2024
Industry Analysis
Tourism
Aitken Spence Soars in Q4, Reports Strong Profits and Increased Tourism
Sri Lankan conglomerate Aitken Spence PLC announced a stellar fourth quarter, significantly boosting their overall financial performance for the 2023/2024 financial year. Key.
- May 29, 2024
Business
Industry Analysis
Commercial Bank Announces Rs. 22.5 Billion Rights Issue to Fuel Growth
Sri Lanka’s Commercial Bank is set to raise Rs. 22.5 billion through a Rights Issue, aiming to strengthen its Tier I capital and.
- May 29, 2024
Industry Analysis
Siddhalepa Brings Ayurveda Expertise to the UAE Market
Siddhalepa, renowned for its Ayurveda-based wellness products, has officially launched its presence in the United Arab Emirates (UAE), marking a significant step towards.
- May 16, 2024
Finance
Industry Analysis
Sampath Bank’s First Quarter Report Reveals Profit After Tax Soaring to Rs3.4 Billion
Sampath Bank has announced robust financial results for the first quarter of 2024, posting a profit before tax (PBT) of Rs 6.2 billion.
- May 16, 2024
Industry Analysis
CCI Reports Resurgence in Construction Industry Despite Crisis
The construction industry in Sri Lanka is showing signs of recovery after facing multiple crises, including the Easter Sunday attacks, the COVID-19 pandemic,.
- May 14, 2024