Business

Sri Lankan Seed Industry Gets a Boost: CIC Seeds Launches Locally Developed Hybrid Vegetables

Sri Lanka’s agricultural sector is set for a significant improvement with CIC Seeds (Pvt) Ltd., a subsidiary of CIC Agribusiness, achieving a major.

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Business

Abans Receives Favorable Rating for Debenture Issuance

Fitch Ratings has assigned a positive ‘AA- (lka)’ National Long-Term Rating to the proposed debenture issuance by Sri Lanka’s Abans PLC. Abans, a.

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Business

Controversy Surrounds Central Bank Salary Hike

Sri Lanka’s Central Bank (CBSL) recently implemented a salary revision for the 2024-2026 period, sparking public debate. This decision, reached through a collective.

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Business

Colombo Dockyard Makes a Splash at Singapore’s APM 2024

Sri Lanka’s economic revival is turning heads, and Colombo Dockyard PLC (CDL) is feeling the wave. With a recently bolstered business environment, CDL.

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Business

Sri Lanka’s Wind Power Project Stalled Amid Political Wrangling and Environmental Concerns

Sri Lanka’s ambitious plan to harness clean energy through a wind power project in Mannar has hit a roadblock. Despite its potential to.

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Business

Cleantech: A Leader in Sri Lanka’s E-Waste Management

Sri Lanka’s booming IT industry faces a growing challenge: the safe disposal of electronic waste, or e-waste. This hazardous material, if not managed.

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Business

FitsAir Takes Flight: New Direct Service Connects Colombo and Dhaka

Sri Lanka’s FitsAir, a budget-friendly airline, is expanding its reach with the launch of direct flights between Colombo and Dhaka, Bangladesh. This new.

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Business

Cargills and USAID Partner to Bring Renewable Energy to Sri Lankan EVs

Sri Lanka is taking a significant leap towards a more sustainable future with the launch of a groundbreaking project called “Charge While You.

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Business

HNB and ICC Partner to Offer Exclusive Financing for “The Residencies Kotte” Project

Sri Lankan frontrunner HNB PLC, a leading private bank, has joined forces with the International Construction Consortium (Pvt) Ltd (ICC) to provide exclusive.

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Business Industry Analysis Tech Tech Industry

Zoral and LinearSix Join Forces to Expand AI-Driven Financial Solutions in Emerging Markets

Zoral, a leading global AI software company specializing in the banking and finance industry, has announced a strategic partnership with LinearSix, a Sri.

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