Author: Mic

Sri Lanka Manufacturing and services activities expand in December 2025

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. Sri Lanka Purchasing Managers’ Index for…

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Stocks skid in Asia, dollar dips on trade war risk

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 about what an all-out trade war…

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Marlbo Trading introduces FLIR Thermal Cameras to enhance safety and fault detection

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 cameras detect infrared radiation emitted by…

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Sri Lanka launches first-ever smart bus ticketing system

Sri Lanka has taken a historic step forward with the launch of its first Smart Bus Ticketing System, enabling passengers to pay fares using contactless cards, digital wallets, and QR payments. This advancement places the country among global leaders in smart mobility. The initiative was made possible through collaboration with the Government of Sri Lanka,…

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GovPay now on Union Bank BizDirect Platform

Union Bank continues to simplify business banking with the introduction of GovPay on its payments & cash management platform BizDirect enabling businesses to make government payments fast, secure and conveniently. Through BizDirect GovPay, customers can settle payments to key government institutions including the Inland Revenue Department, Sri Lanka Customs, Employees’ Provident Fund (EPF), Sri Lanka…

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Thermal imaging emerges as game-changer in safety and fault detection

Global technology continues to reshape the electrical and safety landscape. Sophisticated inspection instruments now enable the early detection of loose electrical connections before they spark, 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 an essential technology in modern…

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