Tag: lbo.lk
Rising climate risks and poverty in focus at CEPA policy panel today, Open University
The Centre for Poverty Analysis (CEPA), in collaboration with the Centre for Environmental Studies and Sustainable Development of the Open University of Sri Lanka, will host a high-level policy panel titled “Facing the Future: Environmental Disastersand Poverty in Sri Lanka”on 26 January 2026, from 3.30 p.m. to 6.00 p.m., at the Auditorium of the Faculty […]
Sunshine Holdings to acquire 75-pct stake in Joint Agri Products Ceylon
Sunshine Holdings PLC (SUN), one of Sri Lanka’s diversified conglomerates, announced its intention to acquire a 75% stake in Joint Agri Products Ceylon (Private) Limited (JAPC), a leading export-oriented company, subject to the conditions in the Share Purchase Agreement (SPA) signed on 21 st January 2026. The signing of the SPA took place at Sunshine […]
TikTok releases Q3 2025 community guidelines enforcement report
TikTok has released its Q3 2025 Community Guidelines Enforcement Report, showcasing its ongoing commitment to creating a safe digital space for its users. The report, which covers data from July to September 2025, details the proactive steps TikTok has taken to identify and remove content that violates its Community Guidelines, ensuring a positive experiencefor its […]
Lion Brewery reaffirms commitment to flood resilience and community support in Biyagama
Lion Brewery (Ceylon) PLC (Lion) reaffirmed its commitment to strengthening community partnerships through its flood response efforts and ongoing work to build long-term flood resilience and community support in Biyagama, home to the Company’s core operations. During the recent floods along the Kelani River, Lion supported the Biyagama community throughout the emergency response and recovery […]
City of Dreams Sri Lanka marks first christmas in Colombo
City of Dreams Sri Lanka is marking an important milestone this December as it celebrates its first Christmas in Colombo, closing out the year with a thoughtful and community-centred festive program. In a season where many Sri Lankans are seeking moments of connection, hope, and togetherness, City of Dreams Sri Lanka has curated experiences across […]
Management committee of ‘Rebuilding Sri Lanka’ fund appointed with reps from public and pvt sectors
Cabinet approval has been granted to establish the ‘Rebuilding Sri Lanka’ Fund, aimed at rebuilding the country following the severe devastation caused by Cyclone ‘Ditwah’, one of the worst natural disasters in Sri Lanka’s recent history. The Fund is to be established as a statutory fund under the Presidential Secretariat and its Management Committee will […]
Telecom operators and partners accelerate restoration of connectivity after cyclone Ditwah
Sri Lanka’s national telecommunication operators, in close coordination with government authorities, are intensifying round-the-clock recovery efforts to reconnect communities battered by severe flooding and landslidestriggered by Cyclone Ditwah since 27 November. The disaster has claimed 334 lives, left nearly 400 people missing or unaccounted for, and affected more than 1.3 million individuals nationwide, with rising […]
Evolution Auto brings multi-brand electric vehicle showroom to Kurunegala
Evolution Auto, a pioneer in Sri Lanka’s electric mobility sector, has officially opened its multi-brand electric vehicle (EV) showroom in Kurunegala, in collaboration with New Jayasekara Auto Motors (Pvt) Ltd. The new showroom offers customers a chance to explore, test drive, and purchase a wide range of electric vehicles, making eco-friendly transportation more accessible than […]
Hayleys sustains growth momentum, reports PBT of Rs.13.33Bn in first half of 2025/26
Achieves Revenue and PBT growth of 13% and 7% during the 2nd quarter of the year supported by both domestic and export-oriented businesses Ranked as Sri Lanka’s leading listed corporate in the 32nd edition of the LMD 100 Accelerates growth through strategic expansion in new verticals The Hayleys Group sustained its strong growth trajectory during […]
NVQ Level 4 accreditation for Barista, Setting new benchmark in coffee education
Barista Coffee Lanka (Pvt) Ltd proudly announced that it has been awarded National Vocational Qualification (NVQ) Level 04 accreditation under the Tertiary and Vocational Education Commission (TVEC). The NVQ Level 04Barista Training Program, the first of its kind in Sri Lanka, was conceptualized, co-created, and fully funded by Barista. This achievement underscores the company’s long-term […]
KiddieCove Academy: Two sisters, one vision, transforming early childhood education
KiddieCove Preschool and Daycare is rapidly establishing itself as a leading provider of early childhood education across Sri Lanka, with flourishing branches in Thalawathugoda, Malabe, and Mount Lavinia. Founded by sisters Naduni and Esha Samarakoon, KiddieCove offers a safe, nurturing, and innovative learning environment where children embark on their educational journey through exploration and creativity. […]
Mahindra Ideal Finance records 204-pct growth in PBT to Rs. 477Mn for H1 FY26
Mahindra Ideal Finance Limited (MIFL) has delivered strong growth in income and profits during the six months ended 30th September 2025 (H1 FY26), fueled by a rapid expansion in its multi-brand vehicle financing portfolio. Total Income for the period rose by 47% Year-on-Year (YoY) up to Rs. 1.85 billion, while Profit Before Tax (PBT) increased […]