Business and Economy (Page 7)

UST Acquires Leading Fintech Innovator Tailwind Acquisition of key Texas and Brazil-based firm increases UST’s standing in the rapidly growing market for digital banking solutions and support services  UST, a leading AI and technology transformation solutions company, has acquired Texas based fintech company Tailwind Business Ventures, strengthening its position in a dynamic sectorContinue Reading

Casons Taxi has officially rebranded as The Taxi Company, effective 10 January 2026, marking a new phase in the company’s evolution with a refreshed brand identity, new logo, and an enhanced digital presence. Under the rebrand, the company confirmed that rates, billing processes, and service delivery will remain unchanged throughoutContinue Reading

Sri Lanka Purchasing Managers’ Index for Manufacturing (PMI – Manufacturing) recorded an index value of 60.9 in December 2025, indicating a continued expansion in manufacturing activities. All sub-indices contributed positively to this increase, mainly supported by seasonal demand, despite adverse weather-related disruptions experienced at the beginning of the month. SriContinue Reading

Reuters – U.S. stock futures slid on Monday after President Donald Trump threatened to slap extra tariffs on eight European nations until ​the U.S. is allowed to buy Greenland, pushing the dollar down on the safe-haven yen and Swiss franc. Gold and silver both jumped ‌to all-time highs, while oil slipped on concerns aboutContinue Reading

Sophisticated inspection instruments now enable the early detection of loose electrical connections, identify heat loss from buildings, and locate individuals obscured by smoke during emergencies. These capabilities are made possible through thermal imaging cameras, which have become essential in modern safety and inspection practices. Unlike conventional cameras, thermal imaging camerasContinue Reading

Sri Lanka’s commercial capital Colombo has been featured in Agoda’s month-by-month travel guide for 2026, with the global digital travel platform recommending the city as a top destination for May, coinciding with the Vesak festival. Agoda said visitors travelling to Colombo during this period can experience vibrant lantern displays, templeContinue Reading