Tag: lbo.lk
CCPI in March 2025 signals easing of deflationary conditions
In line with the Central Bank’s near term projections, deflationary conditions commenced easing in March. Headline inflation, as measured by the year-on- year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100) 1 remained in the negative territory for the seventh consecutive month, yet recorded a slower deflation of 2.6% in March 2025 compared […]
Shyam Sathasivam succeeds veteran leader Vish Govindasamy at Sunshine Holdings PLC
Sunshine Holdings PLC (CSE: SUN) announced that Vish Govindasamy will be stepping down from his executive role within the Group to a Non- Executive role as Deputy Chairman after an illustrious 28-year journey marked by bold leadership, transformative innovation, and deep-rooted commitment to responsible entrepreneurship. Govindasamy will continue to support the Group in an advisory […]
& Zenbook 14
ASUS, a Taiwanese tech giant is set to push the boundaries of innovation with its latest lineup of AI-powered laptops offering versatile performance, stunning design, and multiple use case options for enhanced productivity and entertainment. The brand’s first lineup of 2025 not only caters to a new segment but also makes AI more accessible than […]
South Asian University, New Delhi expands academic offerings and opens admissions
South Asian University (SAU), established with the vision of “Knowledge Without Borders,” has announced the commencement of admissions for the 2025-26 academic session. The announcement was made by Prof. K K Aggarwal, President of SAU, a distinguished pioneer in computer and electronics engineering in India, who reaffirmed the university’s commitment to delivering world- class education […]
Optimism among Swedish companies working with Sri Lanka
“Growth in the last five years, growth in 2024 and optimism for 2025.” These are some of the key findings from the Sweden-Sri Lanka Business Council’s (SSLBC) 2025 Membership Survey. The results are also a reflection of the increasing interest for Sri Lanka among Swedish companies. In two years, the number of members of SSLBC […]
Fortude celebrates milestones in leadership development and community impact
Fortude, a global enterprise technology solutions provider, celebrated key milestones achieved under the Guiding Leadership & Outreach (GLO) program, a pioneering leadership development initiative by the Association of HR Professionals (AHRP) and Global Learning Labs. Through a series of transformative learning experiences, Fortude has empowered aspiring leaders while extending its impact beyond corporate boundaries to […]
She shapes the fabric: Women lead the charge in Sri Lanka’s apparel industry transformation
In the heart of Sri Lanka’s bustling apparel sector, where fabrics are woven into garments that travel the world, a quieter revolution is taking place. This revolution isn’t marked by grand speeches or flashy headlines. This transformation isn’t driven by grand speeches or flashy headlines. It unfolds quietly, one story at a time, as a […]
89% of IT leaders worry GenAI flaws could negatively impact their organization’s cybersecurity strategies
Sophos, a global leader of innovative security solutions for defeating cyberattacks today released a new report, “Beyond the Hype: The Businesses Reality of AI for Cybersecurity,” which surveyed 400 IT leaders on their use of AI in security. The survey found that, despite 65% having adopted generative artificial intelligence (GenAI capabilities), 89% of IT leaders […]
The Japan Sri Lanka Technical and Cultural Association announces JASTECA awards 2025
The Japan Sri Lanka Technical and Cultural Association (JASTECA) announced the launch of the prestigious JASTECA Awards 2025, reaffirming its commitment to recognizing Sri Lanka’s top-performing organizations in 5S, Kaizen, and Corporate Social Responsibility (CSR) practices. Since its inception, JASTECA has been a pioneer in advancing workplace excellence, operational efficiency, and sustainability. This year’s event […]
CBL Group expands global footprint with entry into Kenya
CBL Group, a food conglomerate, has entered the Kenyan market by establishing a distribution hub as part of its strategic move to strengthen exports and establish a foothold in East Africa. This expansion aligns with the company’s long-term growth strategy to extend its global reach and cater to new consumer segments. “We are in the […]
Gourmet Galle welcomes Tom Parker Bowles to Colombo and Galle
Gourmet Galle hosts Tom Parker Bowles, son of Queen Camilla, at 1864, Galle Face Hotel in Colombo for an unforgettable Royal Banquet. Gourmet Galle brings its signature culinary extravagance to Colombo, welcoming the award-winning food writer, renowned restaurant critic, and royal food historian. Known for his deep dive into the tastes and traditions of the […]
JAAF welcomes budget 2025, calls for caution on removal of SVAT
Similarly, initiatives such as the National Single Window, e-cargo tracking, scanners, revisions to Customs law, and improvements in logistics and Customs yards are crucial steps toward enhancing ease of doing business. Measures such as revisiting the Economic Transformation Act and introducing the proposed Investment Protection Bill will further strengthen investor confidence and drive export growth. […]