Tag: lbo.lk
Six cars, one decision: Which is the best value for your money?
Six cars, one decision: Which is the best value for your money? A no-jargon comparison of the IM6, IM5, Honda CR-V, Mercedes GLC 200, BMW 523i & Mercedes C200 Buying a car is one of the biggest decisions you’ll make, and with so many options on the market today, it can feel overwhelming. We’ve put […]
LANKATILES unveiled 60th showroom in Colombo
LANKATILES marked a significant milestone with the opening of its 60th showroom in Sri Lanka, reinforcing over five decades of trust and innovation. The new showroom brings contemporary luxury, world-class tile designs and its signature double-fired premium tiles closer to customers in Colombo’s urban hub. Located at No. 85, Dr. N. M. Perera Mawatha, Colombo […]
Sweden: A public health blueprint for a smokeless future
Dr. R.S Maujood ( Chest Physician ) The promise of progress Every nation shares the goal of reducing the enormous health burden caused by smoking. It is a complex challenge that requires an open mind to innovative solutions. Around the world, a public health strategy known as tobacco harm reduction is gaining traction, centred on […]
MIFL records PBT of LKR 818Mn in FY 2025-26, up 193-pct YoY
Mahindra Ideal Finance Ltd. (MIFL) reported its strongest ever financial performance in the year ended 31 March 2026, recording significant growth across profitability, lending volumes, and operational efficiency. The company posted a Profit Before Tax (PBT) of LKR 818 million, reflecting a 193% Year-on-Year (YoY) increase, while Profit After Tax (PAT) rose to LKR 478 […]
Sri Lanka’s real estate leaders chart a 10-yr vision at RIUNIT forum
Sri Lanka’s most influential voices in property, investment, policy and urban development convened at the Port City Sales Gallery on Monday, 5th May 2026, for Driving Growth Through Real Estate: 10 Year Plan – a high-level forum conceptualised and hosted by the Research Intelligence Unit (RIUNIT). The half-day forum, held from 2:30 PM to 7:00 […]
Smart Quest marks 20 years of transforming Sri Lanka’s leaders
As the world marks ICF International Coaching Week 2026, Smart Quest Coaching & Consulting (Pvt) Ltd is celebrating a major milestone of its own, marking 20 years of contribution to leadership development, professional coaching and organisational capability building in Sri Lanka. Founded in 2006 by Andrea Jayatilleka, Smart Quest began with a clear belief that […]
Sri Lanka’s real estate leaders to chart a 10-year vision at RIUNIT forum
What does the next decade hold for Sri Lanka’s real estate market? That’s exactly the question a room full of industry leaders will be sitting down to answer next month. The Research Intelligence Unit (RIUNIT) who initiated this effort is hosting Driving Growth Through Real Estate: 10 Year Plan — a high-level forum bringing together […]
Ceylon Tobacco Company PLC appoints Sarmad Abbasi to the helm
Ceylon Tobacco Company PLC (CTC) today announced the appointment of Sarmad Abbasi as its Managing Director and Chief Executive Officer, effective from 1st May 2026. Mr. Sarmad Abbasi takes on the role from Ms. Fariyha Subhani who served as Managing Director and Chief Executive Officer of the Company since April 2024, continuing the company’s legacy […]
CEPA:Twenty-Five years of not looking away
by Rebecca Jayatissa, Communications Professional – CEPA As the Centre for Poverty Analysis marks a quarter century of work, Sri Lanka has cause to reflect on what independent research has meant for the country’s most vulnerable communities. In May 2001, nine professionals working on poverty-related issues in Sri Lanka came together around a shared conviction: […]
Middle East military escalation could cost Asia-Pacific up to US$299 billion, UNDP
Years of human development gains across Asia and the Pacific are under pressure as the impacts of the recent military escalation in the Middle East ripple through economies and households, despite a temporary ceasefire. As the situation remains fluid, a current preliminary analysis by UNDP examines how heightened volatility, transmitted through energy, trade, and labour […]
IMF warns Middle East shock could hit Sri Lanka growth, backs targeted relief as tariffs rise
The International Monetary Fund has warned that escalating geopolitical tensions in the Middle East pose a significant risk to Sri Lanka’s economic recovery, even as authorities move ahead with price reforms and fiscal adjustments. The IMF said the evolving crisis could impact key external sectors including exports, remittances, tourism and connectivity, describing it as one […]
Middle East conflict threatens Sri Lanka recovery as inflation, tourism and reserves come under pressure
Sri Lanka’s economic recovery is facing renewed pressure as the escalating Middle East conflict begins to feed through to inflation, tourism, and external balances, the Asian Development Bank (ADB) said. The island entered 2026 from a position of relative strength, recording 5.0 percent growth in 2025, supported by broad-based expansion across services, industry, and agriculture. […]