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.
Industry Analysis
Examining specific industries such as technology, healthcare, finance, and manufacturing, including trends, challenges, and opportunities within each sector.
Industry Analysis
Tourism
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
Industry Analysis
Tech Industry
PickMe Expands Operations into Nepal with Endorsement from IFC to Boost Startup Ecosystem
PickMe, a leading ride-hailing service, has made a significant stride by introducing its latest technology partnership, JumJum, in Nepal. With a staggering 78%.
- May 14, 2024
Finance
Industry Analysis
CSE and USAID Host Issuer Forum in Southern Region, Educating SMEs on Opportunities
The Colombo Stock Exchange (CSE) and the United States Agency for International Development (USAID) recently collaborated on an informative forum aimed at assisting.
- May 14, 2024
Industry Analysis
John Keells Teams Up with Sysco LABS and Brandix Lanka for FastTrack Summer Internship Program 2024
The ‘FastTrack’ summer internship, a collaborative initiative by the John Keells Group, Sysco LABS Sri Lanka, and Brandix Lanka (Pvt) Ltd, is set.
- May 14, 2024
Industry Analysis
Key Industries Under the Spotlight at IORA Business Conclave 2024
The Indian Ocean Rim Association (IORA) Business Conclave, organized by The Ceylon Chamber of Commerce in collaboration with the Ministry of Foreign Affairs,.
- May 13, 2024