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The easing inflation and lower finance costs supported a recovery in consumer spending, particularly in the latter part of last year, helping the listed companies post higher annual earnings, Capital Trust Research said.
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Finagle Lanka Pvt. Ltd. has been recognized for its outstanding contributions to the baking industry, winning two awards at the National Industry Brand Excellence Awards 2024, organized by the Industrial Development Board (IDB).
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The Sri Lanka Export Development Board (EDB), in collaboration with the Sri Lankan Embassy in China, has organized a study and exposure tour to China for local manufacturers and exporters in the automobile and foundry industries.
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The International Institute of Health Sciences (IIHS), a pioneer in healthcare training for over 23 years, has partnered with the University of Surrey, UK, to revolutionise healthcare education in Sri Lanka and the broader South Asian region.
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Coinciding with the International Women’s Day, Union Bank announced the launch of Union Bank Power H.E.R, a women banking solution designed to encourage and empower women entrepreneurs to uplift their businesses to new heights.
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This year, Sri Lanka Insurance Life (SLIC Life) will be awarding ‘Suba Pathum’ scholarships to 225 students of its Life policyholders, who excelled in the Grade 5 Scholarship, GCE Ordinary Level and GCE Advanced Level examinations.
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Raala Kithul, a leading brand owned by A R Natural Exports Lanka (Pvt) Ltd, has been honoured with the Best National Industry Brand – Small-Scale award in the Coconut, Kithul, Fibre & Palmyrah-based Products and Fibre-related Industry Sector.
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Money sent home by Sri Lankans working abroad extended its growth through February, indicating that those who left their home country in droves in the last couple years are now sending the dollars back home and via official banking channels as opposed to the informal money changers which many of them used to use.
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Marking a decade of collaboration, the International Finance Corporation (IFC) – a member of the World Bank Group – partnered with the Colombo Stock Exchange (CSE) and global partners to ring the opening bell, reaffirming their commitment to advancing women’s economic empowerment and leadership in Sri Lanka.
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The Women’s Chamber of Industry and Commerce (WCIC), in collaboration with the Colombo Stock Exchange (CSE), recently rang the bell in celebration of the WCIC’s 40th anniversary, marking a significant milestone in its journey of empowering women in business.
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First Capital Holdings PLC has reported a total comprehensive income of Rs.4.53 billion for the nine months ended December 31, 2024, demonstrating its ability to capitalise on market opportunities and drive sustained growth.