Industry Analysis

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

Industry Analysis

COYLE Unveils Global Platform to Propel Sri Lankan Industries onto the World Stage

The Chamber of Young Lankan Entrepreneurs (COYLE) has launched an ambitious initiative known as the COYLE Global Platform, aimed at empowering Sri Lankan.

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Finance

Financial Stability Fund Approved to Strengthen Sri Lanka’s Bank Resolution Framework

The Cabinet of Ministers has approved the establishment of a Financial Stability Fund aimed at strengthening Sri Lanka’s bank resolution framework as part.

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Finance

DFCC Bank to Launch Rs 2 Billion Green Bond Issue in Sri Lanka

DFCC Bank PLC in Sri Lanka is set to launch a senior, rated, 3-year green bond issue to raise Rs 2 billion, with.

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Finance

FC Forecasts Lending Rates to Stay Between 9-11% for Remainder of 2024

First Capital (FC) anticipates that bank lending rates will remain within the 9-11% range for the rest of 2024 and rise slightly to.

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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.

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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.

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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.

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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.

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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.

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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.

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