Industry Analysis

Examining specific industries such as technology, healthcare, finance, and manufacturing, including trends, challenges, and opportunities within each sector.

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
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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
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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
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Industry Analysis

SLT-MOBITEL Wins Gold at 38th Annual International ARC Awards

SLT-MOBITEL achieved global recognition by securing a Gold Award and a Certificate of Honour at the prestigious 38th Annual International ARC Awards, the.

  • October 18, 2024
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Finance

Hela Apparel Holdings Raises Rs. 1.6 Billion Through Successful Rights Issue

Hela Apparel Holdings PLC has successfully raised Rs. 1,596,826,135 through its recent rights issue, marking a significant step in the company’s financial strategy..

  • October 16, 2024
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Finance

Sri Lanka Banking System Repays Debt and Builds FX Reserves of US$7.4 Billion Since Default

Since Sri Lanka’s selective default in April 2022, the country’s banking system, including the central bank and commercial banks, has repaid or built.

  • October 15, 2024
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Finance

Sri Lanka’s Financial System Set for Recovery Amid Asset Quality Gains and Stronger Capital Buffers

Sri Lanka’s financial system is on the path to recovery, with expectations of improved asset quality and strengthened capital buffers, according to the.

  • October 14, 2024
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Finance

Chamber and SLBA Strengthen Partnership for Sustainable Finance

The Ceylon Chamber of Commerce and the Sri Lanka Banks’ Association (SLBA) have formalized and strengthened their partnership by signing a Memorandum of.

  • October 10, 2024
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Healthcare

Nawaloka Hospitals Wins Merit Award at 2024 NBEA

In recognition of its unwavering dedication to healthcare, Nawaloka Hospitals PLC has been honored with the Merit Award in the Hospital Sector at.

  • October 10, 2024
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Industry Analysis

Hayleys Fabrics Wins ZDHC Torchbearer Award for Sustainability

Hayleys Fabrics PLC, Sri Lanka’s largest textile manufacturer, has been awarded the prestigious ZDHC Torchbearer Award in recognition of its outstanding leadership in.

  • October 9, 2024
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