Business

In the world of endless tech growth, Sri Lanka stands out. It’s seeing a 65% rise in tech use in businesses, as shown by recent reports. This big change is reshaping the country’s economy. It also helps Sri Lanka guide its industries into the future. McKinsey reports show that digital change in Sri Lanka is…

New whistle technology is changing sports in CP. These new whistles are known for promoting fair play and advancing athletic gear. They are creating a new standard in sports equipment innovation. These whistles come with improved sound, durability, and features. Athletes and fans are seeing better performance and fairness thanks to them. Whistle tech has…

The Post-Pandemic Recovery Strategies in Sri Lanka’s Tourism Industry aim high. They are not just about boosting the economy. They represent the country’s strength and ability to bounce back. This recovery is carefully planned by the Sri Lanka Tourism Development Authority. It focuses on sustainable tourism growth in Sri Lanka. The goal is not just…

In Sri Lanka, only 30% of people are active online. This shows both a challenge and a chance for growth. Businesses in the country are getting more innovative, with a Digital Quotient (DQ) of 35. This is higher than the global average. It means that the impact of government policies on the Sri Lankan economy…

Did you know Sri Lanka’s eco-efforts have led to a 23% yearly increase in green businesses? These initiatives have become key to their long-term goals and identity. Especially, CCS is leading by combining responsible practices with sustainable national progress. In Sri Lanka, companies know that their success and the environment are connected. Their eco-friendly actions…

Sri Lanka’s export industry tells a unique story in the global market. The last six months of 2022 were tough, with the economy shrinking by 12.4% in the final quarter. This was a crucial time for Sri Lankan exports, showing a downturn no one saw coming. The 4th Export Barometer Survey gave us a clear…

Sri Lanka thrives on its financial institutions. These banks form the nation’s economic backbone. Despite global economic shocks, Sri Lanka’s banks, mainly Licensed Commercial Banks (LCBs) and Licensed Specialised Banks (LSBs), have expanded impressively. This surge in assets highlights the banks’ critical role in driving economic activity and sustainable growth in the region. The finance…

The world’s industries are changing fast, all thanks to AI technology advancements. In 2024, we’re seeing a huge change. Almost every field, like healthcare, retail, and finance, feels it. These changes are big, changing the basic ways industries work and compete. Companies are now jumping into the AI breakthroughs impact industries era. They are getting…

On the beautiful island of Sri Lanka, over 90% of people can read and write. This high literacy rate has helped create a vibrant entrepreneurial ecosystem in Sri Lanka. It’s bursting with creative ideas, transforming the Sri Lankan business landscape. Despite economic challenges, many young entrepreneurs are pushing the country towards a bright future. They’re…

In Sri Lanka, a land famed for its elephants, it might be shocking to learn that small and medium-sized enterprises (SMEs) form the backbone of the economy. They account for 75% of all businesses. During the COVID-19 pandemic, these SMEs showed remarkable resilience and creativity, especially in IT. They face many challenges and opportunities in…

The story of Sri Lanka’s economy is rich and engaging. With its growth, the country is seeing more foreign investment. This investment is making the business world in Sri Lanka more diverse and innovative. This influx of funds from abroad shows that Sri Lanka’s economy is getting stronger. It also points to the many chances…

Sri Lanka stands out in South Asia for prioritizing infrastructure. It spends 80% of its total investments on this. This shows in the wave of Major Infrastructure Development Projects in Sri Lanka. The nation is elevating its Sri Lanka Infrastructure game with expressways and modern power plants. Projects like the Colombo-Katunayake Expressway make travel easier….