Dinesh Weerakkody Appointed as New Chairman of Union Bank of Colombo
Dinesh Weerakkody, a highly regarded professional with extensive experience in the banking sector, has been appointed as the new Chairman of Union Bank.
Industry Analysis
Examining specific industries such as technology, healthcare, finance, and manufacturing, including trends, challenges, and opportunities within each sector.
Finance
Industry Analysis
Tokyo Cement Appoints Two New Independent Directors
Tokyo Cement Company (Lanka) PLC has strengthened its Board by appointing two new Independent Non-Executive Directors, Mano Sekaram and Averil Anne Ludowyke. Both.
- October 2, 2024
Finance
Dhammika Perera Rejoins Hayleys as Co-Chairman
Dhammika Perera will rejoin the board of Hayleys Plc as Co-Chairman and non-executive director, effective October 1. Known as a philanthropist, strategist, and.
- October 1, 2024
Finance
Sri Lanka Central Bank Holds Rates Steady, Deflation Possible in Near Term
Sri Lanka’s central bank announced that it would maintain policy interest rates between 8.25% and 9.25%, citing the likelihood of deflation in the.
- September 27, 2024
Industry Analysis
Sri Lanka’s Apparel Sector Surpasses $3 Billion in Earnings Amid Growth
Sri Lanka’s apparel sector has surpassed the $3 billion mark in earnings, demonstrating impressive growth with a 22% year-on-year increase in August. According.
- September 24, 2024
Healthcare
AIA Insurance Partners with HelpAge Sri Lanka to Fund Cataract Surgeries
AIA Insurance has joined forces with HelpAge Sri Lanka, emphasizing its commitment to improving the lives of those in need. This partnership has.
- September 23, 2024
Industry Analysis
CBL Global Foods Partners with USAID to Transform Sri Lanka’s Coconut Industry
CBL Global Foods Limited, a subsidiary of the CBL Group, has teamed up with the United States Agency for International Development (USAID) to.
- September 23, 2024
Industry Analysis
HNB Assurance Appoints Prof. Ananda Jayawardane to Board of Directors
HNB Assurance PLC (HNBA) has announced the appointment of Prof. Ananda Jayawardane as a non-executive/non-independent Director, effective August 9. Prof. Jayawardane is a.
- September 23, 2024
Industry Analysis
Union Bank Celebrates 20 & 25 Years of Service with Long Service Awards
Union Bank recently recognised the remarkable contributions of its long-serving employees during the Long Service Awards ceremony. The event celebrated individuals who have.
- September 23, 2024
Finance
People’s Leasing & Finance Launches GoldCash Card: A Gold-Based Credit Solution
People’s Leasing & Finance PLC, a trusted name in Sri Lanka’s non-banking financial sector, has introduced the GoldCash card, an innovative financial tool.
- September 23, 2024