Industry Analysis

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

Tech Industry

Medcube USA Launches CLAUDMD Medical Billing Software Developed in Sri Lanka

Medcube USA LLC has officially launched Version 1.0 of CLAUDMD, its cutting-edge Medical Billing Software that integrates Patient Management (PM) and Electronic Health.

  • September 9, 2024
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Finance

Central Bank Governor Briefs Parliament on Economic Stabilisation Efforts

In a special session held on Tuesday, Dr. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka (CBSL), provided a comprehensive briefing.

  • September 5, 2024
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Finance

Multi Finance Delists Following Merger with L B Finance

Multi Finance PLC has been officially delisted from the Colombo Stock Exchange (CSE) as of September 4, 2024, following its merger with L.

  • September 5, 2024
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Finance

NDB to Raise Up to Rs 10 Billion Through Debenture Issue in Sri Lanka

Sri Lanka’s National Development Bank Plc (NDB) has announced plans to raise up to 10 billion rupees through a debenture issue. The bank.

  • September 2, 2024
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Finance

Sri Lankan Rupee Recognised as Top Emerging Market Currency in 2024

The Sri Lankan rupee has been recognised as the best performing emerging market currency as of August 2024, showing an impressive spot return.

  • September 2, 2024
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Finance

HSBC Sri Lanka Named Best Consumer Digital Bank for Fourth Consecutive Year by Global Finance

HSBC Sri Lanka has been named Best Consumer Digital Bank in the country for the fourth consecutive year by Global Finance in the.

  • August 30, 2024
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Finance

Asia Asset Finance Posts Rs. 115.7 Mn Earnings in Q1 2024, Achieving 109.75% Growth

Asia Asset Finance PLC (AAF), a leading financial institution and subsidiary of global giant Muthoot, posted outstanding financial results for the first quarter.

  • August 30, 2024
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Finance

Sri Lanka Anticipates Rating Upgrade Following Debt Restructuring: Fitch Ratings

Sri Lanka’s banking sector outlook has stabilized, with the Central Bank’s decision to prevent dividend repatriation playing a key role in the sector’s.

  • August 29, 2024
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Industry Analysis

Banks’ CIO Forum Gears Up for ‘The CIO Confluence 2025’ with Successful Partner Meet Up

The Banks’ Chief Information Officers Forum (BCIOF), the premier C-level forum in Sri Lanka’s banking and financial sector, hosted a successful ‘Partner Meet.

  • August 29, 2024
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Finance

HNB Begins Discussions to Acquire Bank Al-Falah’s Bangladesh Operations

Hatton National Bank (HNB) has received approval from its Board of Directors to initiate discussions regarding the acquisition of Bank Al-Falah’s Bangladesh operations..

  • August 28, 2024
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