Top Deals
Latest News
-
Chat2Find Emerges as Sri Lanka’s Homegrown AI Productivity Powerhouse
Colombo, August 8, 2025 – In a tech landscape dominated by global giants, Sri Lanka’s own Chat2Find is making waves with a growing suite of artificial intelligence tools tailored for the nation’s legal, business, educational, and consumer needs. Founded in 2023, Chat2Find has rapidly expanded beyond a single chatbot into a multi-platform AI ecosystem. The company’s portfolio now includes…
-
Why the Tour de France Is a More Rewarding Spectacle Than Formula 1 for Viewers
In the world of global sports entertainment, both the Tour de France and Formula 1 (F1) hold legendary status each offering its own brand of adrenaline and athleticism. But when it comes to pure viewer experience, many argue that cycling’s grandest race provides a richer, more immersive experience than the spectacle of high-speed motorsport. Here’s why the Tour de France arguably delivers…
-
Sri Lanka’s First-ever AI News Aggregator ‘News Dive’ to be Launched by Chat2Find
Colombo, Sri Lanka – 18th July 2025 In a groundbreaking development for Sri Lanka’s digital media space, Chat2Find, a pioneering local AI startup, to launch NewsDive, the country’s first AI-powered news aggregator in August 2025. This innovative platform is set to revolutionize how Sri Lankans and global users consume news, by using intelligent algorithms to deliver the most relevant, real-time…
-
Sri Lanka Faces $403 Million Blow from U.S. Tariff Hike despite New Digital VAT
Colombo, July 12, 2025 – Sri Lanka is bracing for a significant hit to its foreign exchange earnings as the United States increases import tariffs on Sri Lankan goods from 10% to 30%, effective August 1, 2025. According to new estimates, the move will slash Sri Lanka’s net export earnings by approximately $439 million annually, assuming exporters…
-
Hotel Sector Earnings Review: Q4 FY2024 Highlights and Valuation Insights
The hotel sector performance provides a comparative snapshot of 32 listed hotel companies based on their earnings per share (EPS) for the four quarters of FY2024, alongside valuation indicators such as Net Asset Value (NAV), Price to Earnings (PE), and Price to Book Value (PBV) ratios. This data allows for a comprehensive analysis of profitability…
-
Undervalued Finance Stocks Offer Strong Upside in NBFI Sector – June 2025 Analysis
Colombo, June 29 – A fresh analysis of the Non-Banking Financial Institutions (NBFI) sector reveals significant undervaluation in several leading finance counters, with strong upside potential based on forecast earnings and fair value estimates. According to data compiled as at June 26, 2025, stocks such as CDB.X, ALLI.N, CDB.N, and CFIN.N present compelling investment opportunities for medium-term…
-
Geopolitical Tensions Threaten Sri Lankan Stock Market: ASPI Vulnerable Amid Iran–Israel Crisis
Colombo, June 17, 2025 — The Colombo Stock Exchange (CSE) faces rising uncertainty as escalating geopolitical tensions in the Middle East — particularly between Iran and Israel — cast a shadow over global markets. Analysts warn that any further deterioration, including a potential closure of the strategic Strait of Hormuz or direct U.S. military involvement, could…
-
Sri Lankan AI Firm Launches Cheap2Find: A New Platform for Discovering Best Deals
Colombo, Sri Lanka?June 4, 2025 (LankaBIZ)?? In a move set to transform the way consumers search for everyday deals, Sri Lankan based tech company?Chat2Find?has officially launched Cheap2Find an AI-driven online platform that helps users find the lowest prices on a wide range of products, services, and food options across various locations. From finding the best?biryani…
-
How to find Biriyani in Vatican City
Finding authentic buriyani in Vatican City can be a bit challenging due to its predominantly Italian cuisine. However, Rome, the capital city of Italy, offers several Indian restaurants where you can enjoy this flavorful dish. Cheap2Find?is an online platform powered by AI and designed to help users discover the most affordable prices for a wide…
-
Chat2Find and Focus College Launch ExamPazz; An AI-Powered Study Companion for O/AS/A-Level Students
Colombo, Sri Lanka — May 25, 2025 – Chat2Find, in strategic collaboration with Focus College and backed by the guidance and initiative of Frontier Capital Partners Limited, proudly announces the launch of ExamPazz, an AI‑powered study companion tailored to help students excel in O‑Levels, AS‑Levels, and A‑Levels. A Revolutionary Learning ExperienceExamPazzAI is trained on official syllabus, core textbooks,…
-
LankaBIZ Unplugged: AI-Powered Podcasts on Sri Lanka’s Top Listed Companies
LankaBIZ, Sri Lanka?s pioneering AI-powered business intelligence platform, has launched a compelling series of research podcasts that delve into the financial performance of companies listed on the Colombo Stock Exchange (CSE).These podcasts offer investors, analysts, and business enthusiasts timely insights into corporate earnings, sector trends, and macroeconomic developments. Listen to LankaBIZ Podcasts: https://lankabizz.net/research-podcasts/ 🎧 A…
-
Arpico Insurance PLC – 1Q 2025 Performance Review
Review of Arpico Insurance PLC Interim Financial Statements – Quarter 1 – 2025. 1. Executive Summary: Arpico Insurance PLC’s performance in the first quarter of 2025 shows a significant decrease in profitability compared to the same period in 2024. While total net revenue saw a reduction primarily driven by lower gross written premium, total benefits,…
-
Hatton National Bank (HNB) Q1 2025 Financial Performance
Review of Hatton National Bank PLC (HNB) Financial Performance for the Three Months Ended 31st March 2025 1. Executive Summary: Hatton National Bank (HNB) demonstrated strong financial performance in the first quarter of 2025, setting a solid foundation for future growth. The Bank and Group reported significant increases in Profit After Tax (PAT), primarily driven…
-
Harnessing Solar Energy on Railway Tracks in Sri Lanka
This study investigates the feasibility of generating solar power by installing photovoltaic (PV) panels over Sri Lanka’s 1,593 km-long railway track network, inspired by a pioneering Swiss solar rail project. The research utilizes geographic, solar irradiance, and technical efficiency data to estimate the annual power generation potential. The results reveal a potential output of approximately…
-
Sri Lanka’s Debt Restructuring: A Sustainable Shift or Statistical Sleight?
IMF says when Sri Lanka’s Debt is LKR 17.6 trillion, it is “unsustainable’. But when Sri Lanka’s Debt rises by 65% to LKR 28.7 trillion, the IMF says it is “sustainable”! Sri Lanka’s journey from the brink of economic collapse to a narrative of debt sustainability within three years has sparked both admiration and skepticism.…
-
IMF Flags Critical Reforms as Sri Lanka Reaches Staff-Level Agreement
Colombo/Washington D.C., May 1, 2025 — The International Monetary Fund (IMF) has reached a staff-level agreement with Sri Lanka under the Fourth Review of its Extended Fund Facility (EFF), clearing the path for the release of approximately USD 344 million in funding. However, the IMF emphasized that the disbursement hinges on two unresolved issues: electricity sector…
-
Who Will Be the Next Pope?
Leading Contenders After Pope Francis’ Passing Following the death of Pope Francis on April 26, 2025, the Catholic Church is preparing for a historic conclave to elect a new leader. While the Holy Spirit ultimately guides the election, observers, bookmakers, and Church insiders have their eyes on a few prominent cardinals. Here’s the updated list…
-
Should Sri Lanka Welcome Displaced Indians and Pakistanis Amid Ongoing Conflict?
As tensions between India and Pakistan simmer — fueled by political disputes, border skirmishes, and internal instability — thousands of civilians are caught in the crossfire. Displacement, fear, and uncertainty have become part of daily life for many. In this context, Sri Lanka, geographically close and historically connected to both nations, faces a compelling question: Should…
-
Trump Reciprocal Tax Strategy for Sri Lanka
What if? Sri Lanka adopts Trump Style Reciprocal Tax (Case Study) The core objective of the Trump Tariff policy was to correct unfair trade imbalances by introducing reciprocal tariffs on countries that imposed high duties on U.S. exports. The approach was rooted in the belief that if a trading partner levies, for example, a 25%…
-
U.S. Tariffs Ripple Across the Globe: Sri Lankan Industries Brace for Impact
Colombo, April 6, 2025 (LankaBIZ) — The ripple effects of the United States’ sweeping reciprocal tariffs are beginning to reach Sri Lanka, as export-reliant industries feel the pressure from global trade realignments. Although Sri Lanka was not directly targeted by the policy, analysts warn that the island nation’s key sectors — especially apparel and manufacturing —…
-
Government’s Controversial Decision to Divest Colombo Dockyard Sparks Outrage
June 27, 2025 (Updated) -The Board of state-run Mazagon Dock Shipbuilders Ltd. has approved the acquisition of a controlling stake in Colombo Dockyard PLC (CDPLC), a company listed on the Colombo Stock Exchange in Sri Lanka, for $52.96 million (approximately ₹452 crore). The stake will be acquired from Japan’s Onomichi Dockyard Co. Mazagon Dock will…
-
Asia Capital Eyes Turnaround Amid Rs 783 Mn Inflow and New Leadership
March 30, 2025 Colombo Sri Lanka (LankaBIZ) – Asia Capital PLC on of the oldest listed companies in Sri Lanka established in 1991 is set for a remarkable financial turnaround in the upcoming fiscal year, buoyed by a significant Rs 783 million capital inflow from the sale of minority shareholdings in three companies. This strategic…
-
Sri Lanka: Economic Recovery in 2025?
Sri Lanka is projecting strong economic growth exceeding 5% in 2025, driven by improved macroeconomic stability, policy reforms, and recovering investor confidence. Despite potential growth projections Sri Lanka’s economic outlook is clouded by significant structural weaknesses. If GDP growth exceeds 3%, the country may not qualify for a debt restructuring, leading to concerns that figures could…
-
Japan’s Strategic Grip on Sri Lanka’s Technology and Economy
President Anura Kumara Dissanayake recently met with Japanese Ambassador Akio Isomata and discussed issues of bilateral interest. The Japanese Ambassador stated that efforts have been made to include Sri Lanka in the recently launched security cooperation assistance program by the Government of Japan. Furthermore, the current status and progress of digital economic and airport investments…