Industry Analysis

Siddhalepa Brings Ayurveda Expertise to the UAE Market

Siddhalepa, renowned for its Ayurveda-based wellness products, has officially launched its presence in the United Arab Emirates (UAE), marking a significant step towards holistic well-being in the region. The launch event, held at the Pullman Hotel in Dubai, was graced by dignitaries and representatives from prominent organizations, emphasizing the cultural significance and health advocacy behind

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Finance Industry Analysis

Sampath Bank’s First Quarter Report Reveals Profit After Tax Soaring to Rs3.4 Billion

Sampath Bank has announced robust financial results for the first quarter of 2024, posting a profit before tax (PBT) of Rs 6.2 billion and a profit after tax (PAT) of Rs 3.4 billion. Despite an exchange loss of Rs 4.3 billion due to the appreciation of the LKR against the USD, the bank achieved significant

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Finance Industry Analysis

CSE and USAID Host Issuer Forum in Southern Region, Educating SMEs on Opportunities

The Colombo Stock Exchange (CSE) and the United States Agency for International Development (USAID) recently collaborated on an informative forum aimed at assisting small and medium-sized enterprises (SMEs) in southern Sri Lanka. Held at the Weligama Bay Marriott Resort & Spa, the event titled “Redefining the Trajectory of Your Business” provided valuable insights into capital-raising

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Industry Analysis

John Keells Teams Up with Sysco LABS and Brandix Lanka for FastTrack Summer Internship Program 2024

The ‘FastTrack’ summer internship, a collaborative initiative by the John Keells Group, Sysco LABS Sri Lanka, and Brandix Lanka (Pvt) Ltd, is set to return this year, offering undergraduates a unique four-week internship experience. Launched in 2011, FastTrack stands out by providing participants with an unparalleled opportunity to explore Sri Lanka’s diverse corporate landscape, aiming

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Industry Analysis

Key Industries Under the Spotlight at IORA Business Conclave 2024

The Indian Ocean Rim Association (IORA) Business Conclave, organized by The Ceylon Chamber of Commerce in collaboration with the Ministry of Foreign Affairs, is set to take place on May 28 and 29. The Conclave, accessible via www.ioraconclave.lk, will concentrate on key sectors crucial for the economic development of the Indian Ocean Rim region. These

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Industry Analysis

CEAT Kelani Denies Being the Company Penalized by Customs Department

Fitch Ratings has upheld Sierra Cables PLC’s National Long-Term Rating at ‘A+(lka)’, with a Stable Outlook, indicating confidence in the company’s ability to maintain stable financial metrics over the next year. The affirmation reflects the anticipation of Sierra sustaining its financial health amidst an improving landscape in Sri Lanka’s external finances and lower domestic interest

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