Tag: lbo.lk
NOLIMIT partners with Warner Bros. discovery consumer products
NOLIMIT is proud to announce its official partnership with Warner Bros. Discovery Global Consumer Products (WBDGCP), bringing exclusive, licensed merchandise featuring iconic cinematic characters to Sri Lanka. This exciting launch event took place at the NOLIMIT Image store in Colombo 06, where fans can now purchase branded clothing adorned with some of the world’s best […]
Strengthening sustainability: JAAF and Solidaridad chart path for EU market alignment
The Joint Apparel Association Forum (JAAF) and Solidaridad, a civil society organization, recently co-hosted a one-day workshop in Colombo to address the European Union’s Corporate Sustainability Due Diligence Directive (CSDDD). Introduced in 2023, the CSDDD requires companies in EU-bound supply chains to meet stringent environmental and human rights standards. While Sri Lankan suppliers are not […]
A sip of History: The enduring legacy of Dambatenne estate
Nestled in the misty hills of Sri Lanka’s Uva Province is a living piece of Pure Ceylon Tea history in the form of Dambatenne Estate. Sprawling across the verdant slopes of Haputale, this iconic estate holds the legacy of one of the most famous names in tea—Sir Thomas Lipton. Dambatenne estate is a place where […]
‘s coconut industry
In a move to bolster Sri Lanka’s coconut industry, CBL Global Foods Limited (CBL GFL) a key player in Sri Lanka’s agribusiness sector and a subsidiary of the CBL Group—one of the leading food conglomerates in the country and the United States Agency for International Development (USAID) have launched a comprehensive handbook on best practices […]
EnerG Sustainables to host training on solar integration and AI-driven energy management
EnerG Sustainables, the renewable energy and energy management consultation across the GCC and beyond, is announcing an intensive two-day training program on ‘Innovative Energy Strategies for Commercial & Industrial Businesses: Integrating Solar and AI-Driven Energy Management Solutions.’ This exclusive event will take place at the iconic Galle Face Hotel in Colombo on December 10th-11th, 2024. […]
Delmege Insurance Brokers secures number one position in the business
Delmege Insurance Brokers Ltd, a trailblazer in the insurance brokerage sector, has proudly achieved the coveted position of being the highest ranked company in the Overall Insurance Brokering Business according to the Global and local Insurance Outlook 2023 published by the Insurance Regulatory Commission of Sri Lanka. This remarkable milestone underscores the company’s commitment to […]
Ministers must exercise their unlimited power with responsibility: President
President Anura Kumara Dissanayake emphasized that the immense power granted to the ministers must be wielded with responsibility. He acknowledged that while the victory is monumental, the weight of the responsibility that comes with it is equally important, and that collective effort is needed to carry it forward. These remarks were made by President Dissanayake […]
Sri Lanka swears in new cabinet of Ministers today
Sri Lanka’s new Cabinet of Ministers, under the National People’s Power (NPP) government, was sworn in before President Anura Kumara Dissanayake in Colombo, Monday. The Deputy Ministers will be named later. The NPP’s win is seen as a mandate for anti-corruption efforts and economic reforms, following Dissanayake’s presidential election success. President Anura Kumara Dissanayake has […]
Hayleys records 78-pct growth in PBT to Rs.12.7Bn
The Hayleys Group delivered remarkable growth and profitability during the first half of the financial year ending 31 st March 2025, as it leveraged its leading market positions across diverse business verticals to deliver a Profit Before Tax of Rs.12.73 bn, an increase of 78% over the corresponding period of the previous year. Meanwhile, the […]
JAAF congratulates NPP on securing clear majority in Parliament
The Joint Apparel Association Forum (JAAF), representing Sri Lanka’s largest export industry, extends its warm congratulations to the National People’s Power on securing a resounding majority in the General Election. As Sri Lanka begins a new chapter, JAAF reaffirms its commitment to working closely with the new leadership to drive economic growth, foster sustainable employment, […]
The onslaught of the beedi industry and its impact on Sri Lanka’s economy
Lack of tax collectability results in dampening of government revenue ambitions While Sri Lanka has made notable progress in tobacco control, with policies reducing cigarette consumption, the unchecked growth of the beedi industry presents a mounting threat to the economy. The informal nature of the beedi trade makes it difficult to regulate, allowing it to […]
Opinion: CB defends liquidity injections amid “Money Printing” controversy
by Dhananath Fernando A fresh controversy has erupted following reports that Sri Lanka’s Central Bank (CBSL) injected nearly 100 billion rupees into the banking system by October 25. Given that money printing was the major cause of the country’s financial crisis, this news has sparked considerable attention. CBSL has defended its actions, arguing that these […]