Sri Lanka news, Sri Lanka economy, Sri Lanka rupee from …
WEBSri Lanka rupee closes stronger at 294.75/295.00 to US dollar, bond yields down. Bond yields down further. 1 min read. Stocks & Companies.
About - EconomyNext
WEBAbout EconomyNext. EconomyNext is an economic, financial and political news service with a primary focus on Sri Lanka. It provides independent news, analysis and comment on business, economic and policy in Sri Lanka and the world. It is published by Echelon Media (Pvt) Ltd, the publishers of Echelon magazine in Colombo.
Economy | EconomyNext
WEB4 days ago — Sri Lanka services exports rise 6.49-pct to US$318mn in August. The services exports estimated by EDB consists of ICT/BPM, construction, financial services and transport and logistics. September 30, 2024 1 min read.
Sampath Bank: the tech pioneer transforming the banking industry
WEBWednesday February 10, 2021 4:20 pm. Nanda Fernando, Managing Director at Sampath Bank, one of Sri Lanka’s largest private banks that pioneered the use of banking technology in the country, discusses how the bank is harnessing digital tech to transform the country’s banking and payments landscape. Tell us about some of the bank’s latest ...
How MAS Holdings became one of Asia’s most innovative …
WEBFeb 9, 2021 — MAS Holdings is the first company in Sri Lanka to receive Clarivate’s most influential innovator award in South and South East Asia, but also the first ever apparel manufacturer in the world to receive it. For its most recent awards Clarivate used data for 235 organizations tracking them from 2014 to 2018 and it was narrowed down to 28 ...
Thriving in the Digital Age: How Daraz is Transforming Retail for …
WEBAug 16, 2023 — Backed by Alibaba’s technology, Daraz has significantly transformed the e-commerce landscape in Sri Lanka, and despite the economic downturn in 2022, the company is now focusing on recovery and growth for major retail brands in the country by adapting to consumer trends and expanding its offerings, avers Oshan Ranatunga, Chief Commercial Officer of Daraz Sri Lanka.
Commercial leasing & finance: a legacy of stability
WEBJan 15, 2021 — Commercial Leasing & Finance Plc (CLC) is one of the largest and stable finance companies in Sri Lanka. Rating agency ICRA Lanka recently affirmed its ‘A’ stable rating, noting the finance company’s ‘impressive track record and leadership position in the Sri Lankan NBFI sector’. CLC’s experienced management team, commensurate risk ...
Sri Lanka central bank to move to a floating rate, end foreign …
WEBNov 19, 2023 — ECONOMYNEXT – Sri Lanka’s external current account recorded a 415 million US dollar surplus in the second quarter of 2024, central bank data shows, as debt repayments and reserve collections at an appropriate interest rate, allowed outflows from through the financial account.
Logistics - EconomyNext
WEB1 day ago — Sri Lanka Shippers call for Kerawalapitiya project to be revisited after container driver death. Kerawalapitiya Customs Inspection Operation Center project designed to ensure health, safety, efficiency of all parties. September 3, 2024 3 min read.
How Hayleys Solar is Energizing the Renewable Energy Shift
WEBSep 4, 2024 — Sri Lanka primarily uses hydropower as a renewable energy source, making up about 29% of the energy mix. Coal and diesel contribute around 49%. Non-conventional renewable energy sources like solar and wind power provide approximately 16%. The government targets 70% renewable energy by 2030, supported by a Ceylon Electricity Board (CEB) roadmap ...