Category: Industry
Xapp by NDB Wealth Simplifies Investing for Everyone
NDB Wealth introduces Xapp, a seamless digital investment platform designed to remove barriers to investing and make wealth-building more accessible than ever. Many individuals hesitate to invest due to complexity, market uncertainty, and the traditionally cumbersome process of managing investments. Xapp is set to change this by offering an intuitive, user-friendly experience that makes investing […]
CMA CGM SILVERSTONE Makes Maiden Call at Hambantota International Port
The Hambantota International Port (HIP) welcomed vessel CMA CGM Silverstone, a pure car carrier operated by CMA CGM, marking her first-ever call at a Sri Lankan port. This milestone emphasises the growing significance of HIP as a regional hub for vehicle transshipment. The 200-meter-long, LNG powered, CMA CGM Silverstone sailing under the Maltese flag, was […]
Fitch Assigns State Mortgage &” Rating; Outlook Stable
Fitch Ratings has assigned Sri Lanka-based State Mortgage & Investment Bank (SMIB) a first-time National Long-Term Rating of ‘BB(lka)’. The Outlook is Stable. Key Rating Drivers Intrinsic Profile Drives Rating: SMIB’s rating reflects its standalone financial strength and factors in its weaker-than- peers funding profile that has led to balance sheet mismatches. Risk controls are showing […]
& Zenbook 14
ASUS, a Taiwanese tech giant is set to push the boundaries of innovation with its latest lineup of AI-powered laptops offering versatile performance, stunning design, and multiple use case options for enhanced productivity and entertainment. The brand’s first lineup of 2025 not only caters to a new segment but also makes AI more accessible than […]
Optimism among Swedish companies working with Sri Lanka
“Growth in the last five years, growth in 2024 and optimism for 2025.” These are some of the key findings from the Sweden-Sri Lanka Business Council’s (SSLBC) 2025 Membership Survey. The results are also a reflection of the increasing interest for Sri Lanka among Swedish companies. In two years, the number of members of SSLBC […]
Emirates’ A350 debuts in Sri Lanka, offering airline’s unique Premium Economy experience
Emirates’ latest aircraft, the Airbus A350, has made its debut in Sri Lanka, introducing an exciting new dimension in air travel to and from the popular destination of Colombo. The roll out of Emirates’ A350 aircraft to Sri Lanka featuring the airline’s latest interiors, industry-first technologies and innovations, reinforces the airline’s commitment to a market […]
CBL Foods International wins Gold for best in-house R&D unit at National awards
CBL Foods International (Pvt) Ltd. (CBLF), a subsidiary of CBL Group, was awarded Gold for Best In-House Research and Development Unit at theNational Industry Brand Excellence Awards, organised by the Industrial Development Board (IDB), for its exemplary performance and commitment demonstrated in driving innovative solutions and technological advancements that significantly contribute to the expansion of […]
Property Market Shows Signs of Growth Despite High Taxes & Bureaucratic Hurdles
Industry experts at the Lanka Property Show 2025 expressed confidence in Sri Lanka’s real estate sector, highlighting its potential for growth despite past economic challenges. While factors such as rising interest rates, currency depreciation, and fluctuating taxes previously impacted the market, experts were optimistic that stabilizing interest rates, exchange rates, and tax policies will foster […]
Second Lot of Vehicles for Domestic Market Discharged at HIP
Continuing to strengthen its role as a key automotive shipment hub, Hambantota International Port (HIP), successfully discharged the second batch of vehicles for the domestic market last week. A total of 1,159 vehicles were handled during the ship’s call, including 462 BYD vehicles designated for the Sri Lankan market. The overall operation entailed the discharge […]
Fortude celebrates milestones in leadership development and community impact
Fortude, a global enterprise technology solutions provider, celebrated key milestones achieved under the Guiding Leadership & Outreach (GLO) program, a pioneering leadership development initiative by the Association of HR Professionals (AHRP) and Global Learning Labs. Through a series of transformative learning experiences, Fortude has empowered aspiring leaders while extending its impact beyond corporate boundaries to […]
eChannelling Unveils AI-Powered eHospital and Health Scan at Medicare 2025
eChannelling PLC, Sri Lanka’s pioneering digital healthcare platform, showcased groundbreaking AI-powered health technologies at Medicare 2025, Sri Lanka’s largest healthcare exhibition held from February 28 to March 2, 2025, at BMICH, Colombo. As the Official Digital Healthcare Partner for Medicare 2025, eChannelling unveiled multiple innovations designed to transform healthcare accessibility and monitoring in Sri Lanka, […]
Sri Lanka faced rising threats of financial phishing attacks in 2024: Kaspersky Security Bulletin
Sri Lanka is increasingly vulnerable to cyberattacks targeting businesses’ financial transactions, with 9,218 incidents of financial phishing detected in 2024 alone, according to the latest Kaspersky Security Bulletin. This figure highlights the growing sophistication of cybercriminals who are targeting businesses with deceptive online tactics designed to steal sensitive financial information. Financial phishing attacks, which involve […]