Category: Other
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 in Sri Lanka who has pushed boundaries and found balance to rise to the top of her industry. Sonali has taken one of the oldest Sri Lankan Artisan Crafts and put her own […]
Baurs share short term solutions for Sri Lanka’s organic agriculture conversion
A. Baur & Co. (Pvt.) Ltd., widely known as Baurs, a diversified business group and one of the pioneering innovators in agriculture in Sri Lanka, recently shared preliminary key insights and solutions for the country’s farming industry to successfully master the conversion from conventional to organic, backed by scientific evidence and sound knowledge drawing from […]
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 especially pertinent against the backdrop of climate change, increased urbanization and widening inequalities, coupled with the ramifications of the COVID-19 outbreak. However, this has also amplified the need for countries to re-align their economic recovery […]
First Capital’s ‘Performance First’ culture now certified by great place to work
The ‘Performance First’ work ethic embraced by First Capital Holdings PLC, a Janashakthi Group Company, received industry validation recently as it was certified as a great workplace by the independent analysts at Great Place to Work® in Sri Lanka. First Capital employees engaged in a multi-faceted anonymous survey conducted by Great Place to Work® on […]
Daraz celebrates five successful years in Sri Lanka
Five years ago, a small and young team of around 100, were operating under the name of Kaymu.lk, building the foundation for a stable e-commerce platform in Sri Lanka. Recognizing the potential of the operations, Daraz stepped forward to invest on this business, contributing with international level financial and technological prowess. Since its launch in […]
Opinion: Navigating through high maritime freight rates
By Imesha Dissanayake Maritime Freight rates have been on an upward trend since the second half of 2020. The Drewry’s composite World Container Index (WCI) as at 30th September 2021 increased to USD 10,361 per 40ft container, which is 292% higher than the same period in 2020. The average composite index of the WCI (Drewry), […]
“Immediate investigation into Sri Lankans revealed in Pandora papers” President
President Gotabaya Rajapaksa has ordered the Commission to Investigate Allegations of Bribery or Corruption to launch an immediate investigation into the Sri Lankans and the related transactions revealed in the Pandora Papers and submit a report in a month. It was published in the media that according to the papers, information has come to light […]
Women in Management, IFC launch 11th Professional and Career Women Awards
Marking its 11th year of honoring inspiring Sri Lankan women, Women in Management (WIM), in collaboration with Women in Work, a partnership between IFC and the government of Australia, today opened nominations for the ‘Top 50’ Professional and Career Women Awards 2021. This will be IFC’s seventh consecutive year – fourth under the IFC-DFAT Women […]
INSEE cement commits to Environment with new mangrove restoration project
Continuing with its efforts to protect and restore our environment, INSEE Cement, Sri Lanka’s only fully-integrated cement manufacturer, recently kicked of its latest Mangrove Restoration Project. This new initiative will work to restore 1 hectare of natural mangrove forest in the vicinity of the Searakkuliya Lagoon, Aruvakkaru, in the Puttalam District. Adding to INSEEs ongoing […]
MoU between Kaduwela Municipal and UNDP to expand waste to energy plant signed
Sri Lanka is in the process of transforming its current development trajectory into a green and low carbon pathway, with a concerted push towards a green economy and green development. Particularly, the recognition of progress made towards the targets of the Sustainable Development Goals (SDGs) and the necessity of increasing the contribution of renewable energy […]
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 agricultural supply chains through the Inclusive Connectivity and Development Project. This project is expected to benefit around 16 million people living in rural communities in selected districts of Sri Lanka. In Sri Lanka, […]
SL must increase its efforts to protect and promote human capital of elderly :World Bank
In Sri Lanka, 12.3% of the population is aged 60 or older, making it the country with the highest proportion of older adults in South Asia. The Western province has the highest percentage of the country’s elderly at 31.7%, while the Northern Province has the least at 4.8%. In just 15 years, more than one in […]