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.
Industry Analysis
Examining specific industries such as technology, healthcare, finance, and manufacturing, including trends, challenges, and opportunities within each sector.
Industry Analysis
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
Finance
CBSL: Today Is Not a Bank Holiday Despite Public Holiday
The Central Bank of Sri Lanka (CBSL) issued a statement today clarifying that, although September 23, 2024, is a public holiday, it is.
- September 23, 2024
Finance
Sri Lanka Reaches ISB Restructuring Deal, Finalises Agreement with China Development Bank
Sri Lanka has reached an agreement in principle to restructure approximately USD 14.2 billion in sovereign debt with International Sovereign Bond (ISB) holders.
- September 20, 2024
Industry Analysis
Sri Lanka-UAE Joint Venture Enhances Graphene Processing Capabilities, Boosts Industry Ties
Inovartic Investment Lanka Ltd., a new joint venture between Sri Lanka’s Apex Asia Holdings and UAE’s Inovartic Investment LLC, is set to advance.
- September 19, 2024
Finance
US Federal Reserve Cuts Rates by 50 Basis Points, Continues Quantitative Tightening
The US Federal Reserve has cut its interest rate by 50 basis points, bringing the target overnight rate to 4.75%-5.00%. Fed Chair Jerome.
- September 19, 2024
Finance
Ceylinco Life Invests Rs. 2 Billion as Anchor Investor in DFCC Bank’s First Green Bond
Ceylinco Life has announced its pioneering investment of Rs. 2 billion as the anchor investor in Sri Lanka’s first-ever Green Bond, issued by.
- September 12, 2024
Tech Industry
Cabinet Approves IT Strategic Plan for Inland Revenue Department to Enhance Digitization
The Cabinet has officially approved the IT Strategic Plan for the Inland Revenue Department, as announced by Cabinet Spokesman and Minister Dr. Bandula.
- September 11, 2024