Sri Lanka Banks and SMEs Discuss Parate Law and Loan Issues
Sri Lanka’s banks, regulators, and small and medium enterprises (SMEs) gathered at the Presidential Secretariat to address challenges surrounding parate execution (foreclosure) laws.
Industry Analysis
Examining specific industries such as technology, healthcare, finance, and manufacturing, including trends, challenges, and opportunities within each sector.
Finance
Finance
Vallibel Finance to Raise Rs. 3 Billion via Debenture Issue
Vallibel Finance PLC has launched its inaugural listed debenture issue to raise Rs. 3 billion, marking a significant milestone in its funding strategy..
- November 12, 2024
Industry Analysis
Sri Lankan Apparel Industry: A Responsible and Innovative Global Leader
Sri Lanka’s apparel industry is making waves as a globally renowned hub for quality and innovative fashion manufacturing, embracing fully vertically integrated solutions.
- November 8, 2024
Finance
Pan Asia Bank Launches Exclusive Privilege Banking Service for Premier Customers
Pan Asia Bank has officially launched Privilege Banking, an exclusive service designed for premier customers seeking a highly personalized and elevated banking experience..
- November 8, 2024
Finance
JAT Holdings Posts 67% PAT Growth Despite Bangladesh Challenges, Expands Global Footprint
JAT Holdings PLC reported a robust 67% growth in Profit After Tax (PAT) for the first half of FY 2024/25, reaching Rs. 512.
- November 7, 2024
Finance
Market Volatility and Refinancing Risks Remain Despite Global Rate Cuts, Fitch Ratings Reports
The turn of the global monetary policy cycle this year, with rate cuts in the US, Eurozone, and other major economies, has significantly.
- November 1, 2024
Industry Analysis
Sri Lanka’s Rubber Industry Aims to Double Export Income to USD 2 Billion by 2030
Sri Lanka’s rubber industry has set a target to double export income to USD 2 billion by 2030, up from the current USD.
- October 29, 2024
Finance
Sri Lanka Investigates Rice Mill Stocks Amid Rising Prices and Food Tax
Sri Lanka’s Consumer Affairs Authority (CAA) has initiated investigations at several rice mills in the Polonnaruwa district, collecting data on rice stocks following.
- October 29, 2024
Industry Analysis
Hela Apparel Holdings Partners with Reebok to Enhance Outerwear Offerings in UK and Europe
Hela Apparel Holdings PLC, the publicly-listed fashion conglomerate headquartered in Sri Lanka, has announced an exclusive long-term partnership with Authentic Brands Group to.
- October 23, 2024
Finance
Fitch: Economic Recovery to Boost Growth in Sri Lanka’s Finance and Leasing Companies
Fitch Ratings announced that Sri Lanka’s ongoing economic recovery, combined with moderating inflation and lower interest rates, is set to drive the growth.
- October 22, 2024