Sri Lanka’s Ceylon Tea Exports See Positive Growth in February 2024
Sri Lanka’s tea industry witnessed a positive development in February 2024, with exports reaching 22.31 million kilograms (M/Kgs). This represents a significant increase.
Industry Analysis
Examining specific industries such as technology, healthcare, finance, and manufacturing, including trends, challenges, and opportunities within each sector.
Industry Analysis
Manufacturing
Finance
Industry Analysis
Sri Lankan Stock Market Sees Outflow and Profit Taking, Indices Dip
The Colombo Stock Exchange experienced a day of net foreign outflow and profit booking by local investors, leading to a decline in key.
- March 20, 2024
Industry Analysis
Sri Lanka’s Tourism Industry in Hot Water: Minimum Room Rates and Outdated Vehicles Raise Concerns
The Sri Lankan tourism industry faces a wave of controversy as proposals to enforce minimum room rates (MRR) nationwide meet resistance from industry.
- March 19, 2024
Industry Analysis
Tech
Tech Industry
Technological Advancements
Global Conversions: A Sri Lankan Company Makes History with First Right-Hand Drive Hummer EV
A Sri Lankan company, Global Conversions, has achieved a world first – successfully converting a Hummer EV SUV to right-hand drive. Based in.
- March 18, 2024
Industry Analysis
Sri Lankan Gem Industry Gets Boost with New Mining Opportunities and Support
Sri Lankan President Ranil Wickremesinghe has announced a significant initiative to revitalize the country’s gem and jewellery industry. The plan includes opening new.
- March 18, 2024
Industry Analysis
Tech
Tech Industry
Technological Advancements
Sri Lanka Boosts Renewable Energy with Solar and Wind Power Projects
Sri Lanka is making significant strides towards increasing its renewable energy capacity with the announcement of two major projects. Power and Energy Minister.
- March 15, 2024
Industry Analysis
Real Estate
Signs of Recovery in Sri Lanka’s Construction Sector
Sri Lanka’s construction industry appears to be showing initial signs of recovery, according to the January 2024 Purchasing Managers’ Index (PMI) for Construction..
- March 5, 2024
Global Affairs
Industry Analysis
Sri Lankan Tea Industry Plots a Path to Regain its Luster
Sri Lanka’s famed Ceylon tea industry, currently grappling with various challenges, is charting a course towards regaining its past glory. A recent event.
- March 5, 2024
Industry Analysis
Sri Lanka Tourism Makes Strong Start in 2024 with Record February Arrivals
Sri Lanka’s tourism industry is off to a promising start in 2024, with February arrivals exceeding all post-pandemic records and pushing the cumulative.
- March 4, 2024
Industry Analysis
Hatton National Bank PLC (HNB) Showcases Strong Performance Amidst Economic Uncertainties
Hatton National Bank PLC (HNB) has reported robust and sustainable performance for the fiscal year 2023, excelling in various aspects including liquidity, asset.
- February 20, 2024