Industry Analysis

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

Industry Analysis

Sri Lanka’s Rubber Exports to Europe Set to Increase

Sri Lanka’s rubber export sector is anticipating a rise in order volumes from Europe this October, as buyers return after the summer break.

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Industry Analysis

Mufaddal Choonia Named MD and CEO of Mahindra Ideal Finance

Mahindra Ideal Finance Limited (MIFL), a subsidiary of Mahindra Finance, has announced the appointment of Mufaddal Choonia as its new Managing Director and.

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Finance

Hareendra Dissabandara Takes Office as Chairman of Sri Lanka SEC

Senior Professor Hareendra Dissabandara has been appointed as the new Chairman of the Securities and Exchange Commission (SEC) of Sri Lanka. Dissabandara has.

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Industry Analysis

E.B. Creasy Solar Launches New Solar Solutions Outlet in Wellawaya

E.B. Creasy Solar, a leading provider of solar energy solutions in Sri Lanka, has expanded its presence with the opening of a new.

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Finance

Q+ Payment App Expands Accessibility for Multi-Bank Customers Through JustPay Integration

The Q+ Payment App, powered by Commercial Bank of Ceylon, has now expanded its accessibility to customers of other banks, thanks to its.

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Industry Analysis

Akram Cassim Elected as President of Sri Lanka Gem and Jewellery Association

Akram Cassim, Managing Partner of Colombo Jewellery Stores, has been elected as the new President of the Sri Lanka Gem and Jewellery Association.

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Tech Industry

WIS Accountancy Launches AI-Powered Mortgage Platform MortgagX and Expands Operations in Sri Lanka

WIS Accountancy, a prominent digital accountancy, bookkeeping, tax, and business advisory service provider in the UK, is broadening its reach both in the.

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Finance

Credit Card Debt Sees Modest Increase in August Amid Rising Private Credit

Consumer spending via credit cards has shown signs of growth, with the total outstanding credit card debt in licensed commercial banks rising by.

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Finance

Fitch Affirms LB Finance’s National Rating at ‘BBB+(lka)’; Outlook Stable

Fitch Ratings has reaffirmed LB Finance PLC’s National Long-Term Rating at ‘BBB+(lka)’ with a Stable Outlook. The rating reflects LB Finance’s solid financial.

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Finance

IFC Acquires 14.73% Stake in Sunshine Healthcare for Rs. 3.27 Billion

The International Finance Corporation (IFC), the private sector investment arm of the World Bank, has secured a 14.73% stake in Sunshine Healthcare Lanka.

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