Examining specific industries such as technology, healthcare, finance, and manufacturing, including trends, challenges, and opportunities within each sector.
Siddhalepa, renowned for its Ayurveda-based wellness products, has officially launched its presence in the United Arab Emirates (UAE), marking a significant step towards holistic well-being in the region. The launch event, held at the Pullman Hotel in Dubai, was graced by dignitaries and representatives from prominent organizations, emphasizing the cultural significance and health advocacy behind
Sampath Bank has announced robust financial results for the first quarter of 2024, posting a profit before tax (PBT) of Rs 6.2 billion and a profit after tax (PAT) of Rs 3.4 billion. Despite an exchange loss of Rs 4.3 billion due to the appreciation of the LKR against the USD, the bank achieved significant
The construction industry in Sri Lanka is showing signs of recovery after facing multiple crises, including the Easter Sunday attacks, the COVID-19 pandemic, and economic challenges, according to Eng. Col. Nissanka N. Wijeratne (Retd), Secretary General/CEO of the Chamber of Construction Industry of Sri Lanka (CCI). At the recent Build Sri Lanka Housing & Construction
PickMe, a leading ride-hailing service, has made a significant stride by introducing its latest technology partnership, JumJum, in Nepal. With a staggering 78% of registered vehicles in Nepal being motorcycles, the launch of JumJum aims to cater specifically to this market segment, particularly in the bustling Kathmandu Valley, home to approximately 40% of the country’s
The Colombo Stock Exchange (CSE) and the United States Agency for International Development (USAID) recently collaborated on an informative forum aimed at assisting small and medium-sized enterprises (SMEs) in southern Sri Lanka. Held at the Weligama Bay Marriott Resort & Spa, the event titled “Redefining the Trajectory of Your Business” provided valuable insights into capital-raising
The ‘FastTrack’ summer internship, a collaborative initiative by the John Keells Group, Sysco LABS Sri Lanka, and Brandix Lanka (Pvt) Ltd, is set to return this year, offering undergraduates a unique four-week internship experience. Launched in 2011, FastTrack stands out by providing participants with an unparalleled opportunity to explore Sri Lanka’s diverse corporate landscape, aiming
The Indian Ocean Rim Association (IORA) Business Conclave, organized by The Ceylon Chamber of Commerce in collaboration with the Ministry of Foreign Affairs, is set to take place on May 28 and 29. The Conclave, accessible via www.ioraconclave.lk, will concentrate on key sectors crucial for the economic development of the Indian Ocean Rim region. These
HNB FINANCE PLC, a prominent financial services provider, has announced a strategic collaboration with the Co-operative Thrift and Credit Union (Sanasa) aimed at extending innovative financial solutions to underserved rural communities nationwide. This Memorandum of Understanding (MoU) marks a significant step towards financial inclusion, enabling residents in remote villages, previously devoid of advanced financial services,
Sampath Bank has made waves in Sri Lanka’s banking industry with the launch of its cutting-edge mobile application, Sampath Vishwa Retail. This innovative step represents a significant advancement in internet banking, offering customers unprecedented convenience and accessibility. With a user base exceeding one million, which accounts for approximately 25% of the bank’s clientele, Sampath Vishwa
Seylan Bank has reaffirmed its commitment to supporting Sri Lanka’s industrial sector by announcing its participation as a facilitator in the upcoming International Industry Expo 2024 for the second consecutive year. Organized by the Industrial Development Board under the Ministry of Industries, the expo is scheduled to take place from June 19 to 24 at