Tag: lbo
Sri Lanka Agripreneurs Forum partners with USAID to conduct Agcelerator Bootcamp
In an effort to support young entrepreneurs in agriculture, the Sri Lanka Agripreneurs’ Forum (SLAF), a prominent agricultural business association in Sri Lanka, is collaborating with the United States Agency for International Development (USAID) to organize the Agcelerator Bootcamp. The Agcelerator Bootcamp, hosted by SLAF and supported by USAID Catalyze Sri Lanka Private Sector Development […]
’24
Sri Lanka Purchasing Managers’ Index for Manufacturing (PMI – Manufacturing) recorded an index value of 62.5 in March 2024, indicating an expansion in manufacturing activities. This marks the highest PMI-Manufacturing that was recorded in three years. All the sub-indices expanded on a month-on-month basis contributing to this increase, mainly driven by the seasonal demand. The […]
’24
Sri Lankan racing sensation Eshan Pieris is on the brink of a remarkable 2024 racing season. With a string of victories and a legacy that precedes him, Eshan gears up for the upcoming GT World Challenge Asia 2024, marking a significant chapter in his illustrious career. As a key member of the Absolute Racing family, […]
Interview: Three questions to Frank Dandy about moving production to Sri Lanka
BLOG SWEDEN SRI LANKA BUSINESS (https://blogg.sslbc.se) Since 2017, Daniel Hörnqvist has been the CEO of the Swedish fashion brand Frank Dandy. When he took over, he brought with him extensive experience from e-commerce and the outdoor market. This included responsibility for the launch of the e-commerce brand Bikester in the Nordic region in 2013. In […]
Eshan Pieris: Sri Lankan racer set to take on Sepang 12 and GT World Challenge Asia 2024
Sri Lankan racing sensation Eshan Pieris is geared up for a remarkable 2024 racing season, kicking off with the highly anticipated 12 Hours of Sepang, followed by the GT World Challenge Asia 2024 in April. As a key member of the absolute racing family, Eshan Pieris, along with teammates Anderson Haryanto and Dorian Boccolacci, is […]
Shaping tomorrow, panel discussion emphasises need for strong female influence
A diverse and esteemed panel came together to delve into a crucial conversation surrounding the significance of impactful female figures in shaping the aspirations and dreams of future generations. The panel discussion served as a platform highlighting the critical need for recognising and celebrating the remarkable achievements of prominent female personalities in the public sphere […]
Dhaka Chamber discusses economic cooperation with Sri Lanka HC
High Commissioner of Sri Lanka to Bangladesh Dharmapala Weerakkody accompanied by Counsellor / Commerce of the High Commission Srimali Jayarathne held a productive meeting with the newly appointed President of the Dhaka Chamber of Commerce and Industry (DCCI) Ashraf Ahmed on 24 March 2024 at the DCCI office in Dhaka. During the meeting, DCCI President […]
Ripples of difference: Empowering communities through sustainable water practices
In the rich tapestry of Sri Lanka’s history, ancient civilizations developed hydraulic engineering systems over 2,000 years ago. Today, these reservoirs, comprising over 1,000 cascades and 15,000 small tanks, remain integral to rural communities, sustaining livelihoods and ensuring food security amidst modern challenges. However, according to the UNDP, approximately one- third of the population faces […]
ADB approves USD100 Mn Loan to support SMEs in Sri Lanka
The Asian Development Bank (ADB) has approved a $100 million loan to provide small and medium-sized enterprises (SMEs) in Sri Lanka more access to finance and build their resilience to external shocks, such as the economic crisis and climate change. “SMEs play a critical role in Sri Lanka’s economy, contributing 52% to the country’s gross […]
Tech investor Dr. Cornelius Boersch reaffirms commitment and future investments in SL
Having invested in the tech sector for thirty years across frontier markets spanning South America to Asia, Dr Cornelius Boersch maintains that all markets exhibit similar dynamics. With this perspective, he first visited Sri Lanka in October 2021, emerging as one of the earliest global tech investors to commit to post-COVID recovery through Mountain Lion […]
Sunshine Holdings PLC announces new leadership appointments
Diversified conglomerate Sunshine Holdings PLC (CSE: SUN) announced that Aruna Deepthikumara, Michelle Senanayake, Dr. T. Sayandhan and Shantha Bandara, who are Executive Committee members of the Group, have been appointed as Executive Directors. Commenting on the appointments, Sunshine Holdings Group CEO Shyam Sathasivam said, “We are excited to announce the elevation of Aruna Deepthikumara, Michelle […]
Powering the future: Innovations driving electric vehicle revolution
New Energy Vehicles (NEV) are no longer a futuristic vision; they’re rapidly transforming the automotive landscape. This shift wouldn’t be possible without ground-breaking innovations that have addressed key challenges and made NEVs more efficient, safer, and sustainable. Leading the charge in these advancements is BYD, a company proving that electric mobility is not just feasible […]