Industry Analysis

PMI Reports Growth in Manufacturing and Services Sectors in November

Sri Lanka’s manufacturing and services sectors showed strong growth in November, according to the latest Purchasing Managers’ Index (PMI) data. The manufacturing PMI.

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Business

 HNB FINANCE expands footprint with new branch in Panadura

Sri Lanka’s leading integrated financial services provider, HNB FINANCE PLC, proudly announced the launch of its new branch in Panadura, as part of.

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Finance

Pan Asia Bank Launches Exclusive Privilege Banking Service for Premier Customers

Pan Asia Bank has officially launched Privilege Banking, an exclusive service designed for premier customers seeking a highly personalized and elevated banking experience..

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Finance

Sri Lanka’s Financial System Set for Recovery Amid Asset Quality Gains and Stronger Capital Buffers

Sri Lanka’s financial system is on the path to recovery, with expectations of improved asset quality and strengthened capital buffers, according to the.

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Economics

Sri Lanka-Canada Business Council Prepares for Mission to Strengthen Trade Ties

The Sri Lanka-Canada Business Council (SLCBC) held a crucial briefing with Prime Minister Dr. Harini Amarasuriya on October 10, 2024, in Colombo, as.

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Industry Analysis

NDB Bank and AIA Win Bank Partner of the Year at 2024 Awards

NDB Bank, in collaboration with AIA Sri Lanka, has been honored with the prestigious title of Bank Partner of the Year at the.

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Industry Analysis

Mufaddal Choonia Named MD and CEO of Mahindra Ideal Finance

Mahindra Ideal Finance Limited (MIFL), a subsidiary of Mahindra Finance, has announced the appointment of Mufaddal Choonia as its new Managing Director and.

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Economics

Parliament Approves Offshore Banking Regulations at Port City Colombo

Port City Colombo announced that Parliament officially passed two key offshore banking regulations, Offshore Banking and Offshore Banking – Prudent Management and Confidence,.

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Finance

Seylan Bank Introduces New Factoring Services to Boost Business Cash Flow

Seylan Bank has unveiled a new addition to its financial services suite with the launch of Seylan Factoring, designed to help businesses access.

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