Tag: lbo.lk
Hayleys Plantations pioneers sustainable tea tourism, signs MOU with Pekoe trail
Hayleys Plantations, a member of Sri Lanka’s largest and most diversified conglomerate the Hayleys Group, has embarked on an exciting partnership with “The Pekoe Trail,” a visionary sustainable initiative aimed at revitalising the country’s tourism sector. Comprising three major Regional Plantation Companies (RPCs), namely Kelani Valley Plantations PLC (KVPL), Talawakelle Tea Estates PLC (TTEL), and […]
CSE and stockbroker firms take lead in attracting Indian firms
“Invest Sri Lanka” is a series of forums organized by the Colombo Stock Exchange (CSE) in partnership with Stock Broker Firms, to promote foreign portfolio investment into the Sri Lankan Stock Market by showcasing investment opportunities in leading Sri Lankan listed companies. The investor forums have previously conducted in key foreign markets, including the UK, […]
SJB will invest more in soft infrastructure such as health and education: Eran
SJB MP Eran Wickramaratne said that the health sector has become a death trap for patients. Importation of inferior medicine in the guise of emergency purchasing and non-functioning medical, surgical and other test equipment in hospitals (the government has no money to invest in the health sector) has pushed the health services in to abyss. […]
Driving customer-centric innovation in challenging times
By Sabry Ansar, Director, Head of CE Business – Samsung Electronics, Sri Lanka and Maldives In times of unprecedented challenges, the significance of innovation and adaptability in meeting customer demands becomes paramount. As the Director of Samsung Sri Lanka and Maldives, I worked alongside a dedicated team to recognize the crucial role of understanding customer […]
Sri Lanka – India business networking event forges new collaborations
Enhancing bilateral relations and leveraging opportunities for investment were among the focus points of a Business Networking event with a multi-sectoral business delegation from India recently hosted by the Ceylon Chamber of Commerce at the Shangri-La Hotel Colombo. The networking event provided an exclusive opportunity for Members of the Ceylon Chamber to meet with the […]
Statement by Ali Sabry, on visit to Sri Lanka by Hayashi Yoshimasa, Minister of Foreign Affairs of Japan
My friend Minister HAYASHI, Konnichiwa, Ayubowan and Welcome to Sri Lanka, Friends from the media, It is an honour and a great pleasure for us to welcome Minister HAYASHI Yoshimasa, who arrived on an official visit to Sri Lanka yesterday. Hon. HAYASHI leads a high-level delegation which consists of a number of senior officials of […]
Sri Lanka apartment selling prices show consistent increase in last four months: RIUNIT
Sri Lanka’s real estate expert Research Intelligence Unit says that since the beginning of 2023, the apartment selling price LKR per SqFt has remained steady and in the four months ending June 2023, the suburban apartment selling prices US$ per SqFt have shown a consistent increase. During the eight years ending 2023, RIUNIT says the […]
‘s path to sustainable growth: Embracing a social market economy
● Sri Lanka’s Economic Challenge: A stark contrast between Tamil Nadu’s expected growth of 14% and Sri Lanka’s negative 3.5% this year. ● Ambitious Goal of High-Income Country: President’s vision to achieve high-income status by 2048, requiring 6.5% annual growth from now onwards. ● Bridging the Skill Gap: Concerns over the volume of skilled labor produced in India, […]
JKH records EBITDA of Rs.9.23Bn in Q1 2023/24
Summarised below are the key operational and financial highlights of our performance during the quarter under review: Group PBT at Rs.1.40 billion in the first quarter of the financial year 2023/24 is a decrease over the Rs.14.80 billion recorded in the previous financial year. The first quarter of the previous year included Rs.10.12 billion […]
New UN Resident Coordinator in SL commits to work towards 2030 agenda for sustainable development
Newly appointed United Nations Resident Coordinator in Sri Lanka, Marc-André Franche, presented his letter of credence to President Ranil Wickremesinghe, Monday and expressed his appreciation for the longstanding partnership between the UN and Sri Lanka. He also reaffirmed the commitment of the UN Country Team to continue working together with the Government and people of […]
Nimi launches NimiKash, revolutionizing payroll management for IT workers
Nimi, a leading information technology firm specializing in Staff Augmentation and Development, Product Advisory, and Payments Advisory, is proud to announce the launch of its groundbreaking product, NimiKash. Designed specifically for IT workers, NimiKash is set to revolutionize payroll management by empowering employees to effectively manage their cash flow and achieve financial growth. NimiKash is […]
Ceylon Chamber calls for political and public support for debt restructuring process
The Ceylon Chamber of Commerce stresses the importance of patience and trust in the domestic debt restructuring process. As emphasized by the Central Bank of Sri Lanka, priority focus will be on maintaining financial system stability and ensuring that depositors will not be adversely impacted. It is vital that we collectively allow for comprehensive and […]