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Loops, Truecaller partners to enable safety and efficiency to daily life business communications

Loops, Truecaller partners to enable safety and efficiency to daily life business communications

Loops Integrated enters into a landmark partnership with Truecaller. Loops Integrated – a creative-led integrated marketing agency acclaimed for their …

November 15, 2021 | Companies, Industry, Technology | Read More
eChannelling Q3 financial performance sets foundation for growth: Records 116-pct growth YOY

eChannelling Q3 financial performance sets foundation for growth: Records 116-pct growth YOY

eChannelling PLC, the largest Channelling Network in Sri Lanka and a subsidiary of SLT-MOBITEL, is gearing towards a quantum leap with acquisitions, expansion …

November 12, 2021 | Companies, Featured, Industry, Technology | Read More
Teejay Lanka consolidates in Q2 to post 6-month revenue of Rs 23.1Bn

Teejay Lanka consolidates in Q2 to post 6-month revenue of Rs 23.1Bn

Topline grows 71% on higher demand for fabricNet profit improves by 59% to Rs 954.1 million for 1H Teejay Lanka PLC has built on its robust first quarter …

November 11, 2021 | Apparel, Companies, Companies, Economy & Markets, Featured, Industry | Read More
Hemas Group revenue up  19.8-pct over last year

Hemas Group revenue up 19.8-pct over last year

Hemas Holdings PLC (HHL) delivered a strong first half amidst a challenging operating environment with half of the second quarter being under island wide …

November 11, 2021 | Companies, Featured, Industry | Read More
World Bank VP reaffirms support for investments in people and resilient recovery

World Bank VP reaffirms support for investments in people and resilient recovery

World Bank Vice President for South Asia, Hartwig Schafer, today concluded a six-day visit to Sri Lanka, reiterating the World Bank’s commitment to support …

November 9, 2021 | Banking and Finance, Companies, Featured, General Services, Industry | Read More
Road crash fatalities, injuries could cost Sri Lanka between 3-5-pct of GDP annually: WB

Road crash fatalities, injuries could cost Sri Lanka between 3-5-pct of GDP annually: WB

Data shows every year 38,000 crashes cause 3,000 deaths and 8,000 injuriesRoad crash fatalities and injuries could cost countries like Sri Lanka between 3-5% …

November 5, 2021 | Featured | Read More
Virtusa introduces new senior leaders

Virtusa introduces new senior leaders

Virtusa Corporation, a global provider of digital strategy, digital engineering and IT services and solutions that help clients change and disrupt markets …

October 28, 2021 | Companies, Industry, Technology | Read More
Trillium Hotels and VIP Residencies unveils luxury retirement complex

Trillium Hotels and VIP Residencies unveils luxury retirement complex

Trillium, one of Sri Lanka’s most sought after real estate developers which aims to deliver comfort and elegance while merging the value of an exclusive …

October 27, 2021 | Companies, In Pictures, Industry, Other, Real Estate & Construction | Read More
For 1USD pledged to tackle climate crisis for world’s poor, 4USD spent on fossil fuel subsidies: Report

For 1USD pledged to tackle climate crisis for world’s poor, 4USD spent on fossil fuel subsidies: Report

The world spends an astounding US$423 billion annually to subsidize fossil fuels for consumers – oil, electricity that is generated by the burning of other …

October 27, 2021 | Industry, Power | Read More
Interview: Darshi Keerthisena on Sri Lanka’s Batik craft and its future

Interview: Darshi Keerthisena on Sri Lanka’s Batik craft and its future

Batik is one of Sri Lanka’s most loved and versatile heritage crafts and Darshi Keerthisena has used her artistic tool kit and shaped it into a must-have in …

October 26, 2021 | Apparel, Featured, Industry | Read More
Experts discuss framing a green development pathway for Sri Lanka

Experts discuss framing a green development pathway for Sri Lanka

Experts from the government, private sector, UN agencies, think tanks, and other development partners, came together at this week’s kickstarter sessions of …

October 15, 2021 | Agriculture, Companies, Featured, General Services, Industry, Other | Read More
Video Interview: Women in leadership – Sonali Dharmawardene

Video Interview: Women in leadership – Sonali Dharmawardene

Continuing with our women in leadership interview series, this month LBO is featuring Sonali Dharmawardene, a very sucessful fashion designer and entrepreuner …

October 11, 2021 | Apparel, Banking and Finance, Featured, Industry, People | Read More
UNDP introduces Colombo development dialogues on green development

UNDP introduces Colombo development dialogues on green development

Rapid socio-economic, technological, environmental, and other changes around the world have posed unprecedented challenges to us all. These challenges are …

October 8, 2021 | Companies, Environment, Featured, General Services, Industry, Other | Read More
Legal validity of digital signatures highlighted

Legal validity of digital signatures highlighted

Digital Signatures have been in use in Sri Lanka since 2009, however, due to the outbreak of the pandemic and travel restrictions, signing documents physically …

October 8, 2021 | Banking and Finance, Companies, Featured, General Services, Industry | Read More
Interview: Futureproofing banking sector through digital-first mindset

Interview: Futureproofing banking sector through digital-first mindset

There is a good reason why digitalisation is a top priority for banking. When done correctly, it enables paradigm shifting improvements in customer experience …

October 8, 2021 | Banking and Finance, Companies, Companies, Economy, Economy & Markets, Featured, Money | Read More
Sri Lanka gets USD 110Mn for health systems enhancement project from ADB

Sri Lanka gets USD 110Mn for health systems enhancement project from ADB

The Government of Sri Lanka decided to borrow a loan amounting to USD 110 million from ADB and a grant of USD 03 million, provided by ADB-managed Japanese Fund …

October 7, 2021 | Banking and Finance, Featured, Industry | Read More
Sri Lanka projected to grow by 3.3-pct : Shifting gears to services-led growth can help build back better

Sri Lanka projected to grow by 3.3-pct : Shifting gears to services-led growth can help build back better

Sri Lanka’s economy is projected to grow by 3.3 percent in 2021, but the medium-term outlook is clouded by pre-existing macroeconomic weaknesses and the …

October 7, 2021 | Banking and Finance, Companies, Companies, Economy, Economy & Markets, Featured, Industry, Policy, Real Estate & Construction, Shipping and Transport, Technology, Trade | Read More
EU GSP+ monitoring mission concludes visit to Sri Lanka

EU GSP+ monitoring mission concludes visit to Sri Lanka

A team of senior European Union (EU) officials began an official visit to Sri Lanka on 27th September 2021 to review Sri Lanka's progress in implementing the …

October 6, 2021 | Banking and Finance | Read More
“Our Goal is one million Chinese tourists to Sri Lanka” Dr. Palitha Kohona

“Our Goal is one million Chinese tourists to Sri Lanka” Dr. Palitha Kohona

Ambassador of Sri Lanka to China Dr. Palitha Kohona speaking at the Innovation and Development of Cities Summit, attended by many Chinese tour operators and …

October 5, 2021 | Featured, Industry, Tourism | Read More
WB supports safe, climate-resilient transport connectivity to strengthen agricultural supply chains

WB supports safe, climate-resilient transport connectivity to strengthen agricultural supply chains

The World Bank’s Board of Executive Directors today approved $500 million in financing for Sri Lanka to provide safe, climate-resilient roads to connect …

October 1, 2021 | Agriculture, Banking and Finance, Featured, Other | Read More
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