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Yara Technologies partners with Clover Infotec to revolutionize EdTech in Botswana
Empowering schools with predictive analytics and seamless communication solutions with Talkative Parents and Quanta Platforms Yara Technologies (Pvt) Ltd (“Yara”), a fast-scaling EdFinTech startup in Sri Lanka, has announced a strategic resale partnership with Clover Infotec to launch its flagship platforms – Talkative Parents and Quanta – in Botswana. This partnership represents a pivotal step […]
Nations Trust Bank delivers 26% loan growth in 1H 2025 supporting economic revival
Nations Trust Bank PLC reported strong results for the six months ending 30th June 2025, achieving a Profit After Tax (PAT) of LKR 9Bn, reflecting a healthy 10% year-on-year growth. Nations Trust Bank, Director & Chief Executive Officer, Hemantha D Gunetilleke, stated, “The Bank’s performance in 1H 2025 highlights our commitment to economic growth and […]
Ambeon Group Reports Strong Q1 2025/26 Performance with Profit Growth
Ambeon Capital PLC, the investment holding company of the Ambeon Group reported a Profit After Tax (PAT) of LKR 731 Mn making a significant profit growth compared to the PAT of LKR 83 Mn in the same period last year. Ambeon Holdings PLC the group’s principal operating subsidiary which is a leading diversified conglomerate with […]
Priyantha Weerasuriya Appointed as New IGP
President Anura Kumara Dissanayake has appointed Senior Deputy Inspector General of Police, Attorney-at-Law Priyantha Weerasuriya, as the new Inspector General of Police (IGP). The letter of appointment was handed over to the new Inspector General of Police, Attorney-at-Law Priyantha Weerasuriya today afternoon (13) by the Secretary to the President, Dr. Nandika Sanath Kumanayake at the […]
President Leads Second EDCM, Accelerating Progress Toward USD 36 Bn Export Target
Sri Lanka Achieves 6.88% Export Growth in H1 2025, Records Significant Progress on Key Trade Facilitation Initiatives His Excellency President Anura Kumara Dissanayake yesterday (August 12, 2025) chaired the Second Export Development Council of Ministers Meeting (EDCM) at the Presidential Secretariat, marking significant milestones in Sri Lanka’s ambitious journey toward achieving USD 36 billion in […]
Opinion: Are Residential apartments the best asset class in town?
By The Research Intelligence Unit, Colombo It was said many years ago that Sri Lankans would never take to apartments because indigenous values demanded dwellings to have gardens, be accommodating to continuous refurbishments and for properties to be transferable from one generation to the next. Over the past two decades, we have witnessed the complete […]
New Livestock Insurance Scheme to Be Launched to Protect Sri Lankan Leopards
The United Nations Development Programme (UNDP) in Sri Lanka under its Biodiversity Finance Initiative (BIOFIN) together with the Wildlife and Nature Protection Society (WNPS) and LOLC, under the guidance of the Department of Wildlife Conservation is launching a groundbreaking “Livestock Insurance Scheme in Sri Lanka. This initiative aims to reduce retaliatory killings of the endangered Sri […]
National Program for Developing 1000 Entrepreneurs
The “National Program for Developing 1000 Entrepreneurs” is an innovative initiative aimed at empowering the SME sector in Sri Lanka by enhancing the knowledge, skills, productivity, and export capacity of entrepreneurs, thereby contributing to the strengthening of the national economy. This program is being implemented by the Ministry of Industry and Entrepreneur Development in collaboration […]
Synamon Global’s Seacucumber Symposium 2025 in Jaffna
By Jekhan Aruliah The Seacucumber Symposium in Jaffna, sponsored by the US based investment organisation Synamon Global, brought together many diverse opinions to share and enhance knowledge and understanding. Academics and entrepreneurs gave their opinions and advice, occasionally in heated fashion. Thus achieving Synamon Global’s objective, to make the seacucumber industry a powerful sustainable and […]
‘Invest Sri Lanka’ forum to be held in Singapore to boost foreign investment
The Colombo Stock Exchange (CSE), in collaboration with the Securities and Exchange Commission of Sri Lanka (SEC) and the stock broking industry, are conducting an ‘Invest Sri Lanka’ Investor Forum in Singapore on 12 th August 2025. Building on the momentum of the successful foreign investor forum held in Colombo during March this year, the […]