Tag: lbo.lk
Siddhalepa takes Ayurveda to UAE
Siddhalepa, the Ayurveda-based wellness brand, unveiled its presence in the Middle East, particularly in the United Arab Emirates. This auspicious occasion celebrated recently, at the Pullman Hotel, Diera, Dubai, signifies a new era of holistic wellness in the region. The launch event commenced with a warm welcome address by Shihan Sherif, representee of the Sri […]
Advocata hosts: Charting the course: Revitalizing economic governance for prosperity
In an effort to address the ever-evolving landscape of global governance, an esteemed gathering of thought leaders from diverse backgrounds will convene for the “Charting the Course: Revitalizing Economic Governance for Prosperity” conference organized independent economic policy think-tank, the Advocata Institute will be held on Saturday, May 18th, 2024, at the Galle Face Hotel, Colombo […]
CSE and USAID hold issuer Forum in South, educating SMEs on opportunities
The Colombo Stock Exchange (CSE) and the United States Agency for International Development (USAID) collaborated on a forum to provide small and medium sized enterprises (SMEs) in southern Sri Lanka with insights into opportunities to raise capital through the CSE. Held recently at the Weligama Bay Marriott Resort & Spa, the issuer forum titled “Redefining […]
Industry focus sectors at IORA business conclave 2024
The Indian Ocean Rim Association (IORA) Business Conclave organised by The Ceylon Chamber of Commerce in collaboration with the Ministry of Foreign Affairs on 28 and 29 May, (www.ioraconclave.lk) will focus on sectors significant to the economic development and prosperity of the Indian Ocean Rim region, including Agriculture, ICT, Logistics, and Tourism, including breakout sessions […]
CFA Society SL to upskill analysts to uphold investment research standards
The much-awaited annual CFA Society Sri Lanka Capital Market Awards will be held for the 11th year on 18 June 2024 at the Cinnamon Grand, Colombo. Today, it is among the most sought-after accolades that recognizes and rewards excellence in the local capital markets. The investment research industry is at the center stage of the […]
Sampath Bank unveils its new “Vishwa” retail App
Sampath Bank, a leading innovator in Sri Lanka’s banking industry, proudly unveiled its revolutionary mobile application, Sampath Vishwa Retail. This progressive launch marks a significant milestone within the internet banking landscape, promising unparalleled convenience and accessibility to customers. Boasting a user base of over one million, representing nearly 25% of the bank’s total clientele, Sampath […]
IFC to invest Rs.3,270Mn in Sunshine Healthcare Lanka Ltd
Sunshine Healthcare Lanka (SHL), the healthcare arm of the diversified conglomerate Sunshine Holdings PLC, has entered into an agreement for a proposed equity investment of up to 3,270 million rupees by the International Finance Corporation (IFC). Subject to satisfaction of conditions, IFC will own approximately 14.7% stake in SHL. IFC investment fortifies Sunshine’s commitment to […]
Sri Lanka exports earnings up almost 10-pct in Mar 2024
The deficit in the merchandise trade account narrowed to US dollars 369 million in March 2024 from US dollars 412 million recorded in March 2023, primarily due to a higher increase in exports than the increase in imports. However, it widened compared to February 2024 (US dollars 319 million).Meanwhile, the cumulative deficit in the trade […]
Pan Asia Bank and Janashakthi Life partner, forging era of financial empowerment
As a testament to its continuous devotion to its customers’ satisfaction, Pan Asia Bank, the Truly Sri Lankan Bank, has established a strategic partnership with Janashakthi Life. Through this agreement, a comprehensive insurance package will be offered, tailored to the ever-changing demands of the bank’s valued customers. Sharing a few words on the new partnership, […]
EDB and CHEC Port City Colombo sign MoU to boost export businesses
In a significant move towards attracting export-oriented businesses to Port City Colombo, CHEC Port City Colombo (Pvt) Ltd, the primary developer of the project, recently entered into a partnership with the Sri Lanka Export Development Board (SLEDB). A memorandum of understanding (MoU) was signed between the two parties to this effect at a special ceremony […]
UNDP and Colombo Stock Exchange sign MoU to leverage capital markets for sustainable financing
The United Nations Development Programme (UNDP) in Sri Lanka and the Colombo Stock Exchange (CSE) signed a Memorandum of Understanding (MoU) to establish a partnership aimed at leveraging Sri Lanka’s capital markets for sustainable financing. This collaboration is intended to support and encourage private sector stewardship and embed sustainability as an important element of business […]
Virtusa concludes first-ever LinkedIn community event in Sri Lanka
Virtusa Corporation, a global provider of digital engineering and IT services, proudly hosted the first-ever LinkedIn (LI) community event in Sri Lanka, dubbed “Connect Colombo.” The landmark event took place at the Courtyard by Marriott, marking a significant milestone in the country’s professional networking landscape. Bringing together over 200 industry leaders and mid to senior-level […]