Tag: lbo
Smart Quest marks 20 years of transforming Sri Lanka’s leaders
As the world marks ICF International Coaching Week 2026, Smart Quest Coaching & Consulting (Pvt) Ltd is celebrating a major milestone of its own, marking 20 years of contribution to leadership development, professional coaching and organisational capability building in Sri Lanka. Founded in 2006 by Andrea Jayatilleka, Smart Quest began with a clear belief that […]
Planters seek coordinated response to stabilise tea production and key export markets
The Planters’ Association of Ceylon (PA), the apex body of Sri Lanka’s Plantation industry, has called for an urgent review and streamlining of the industry’s cost structures in light of the unprecedented crisis in West Asia and the Strait of Hormuz. Currently, approximately 45% of Sri Lanka’s total annual Tea exports – equivalent to approximately US$ […]
Sri Lanka’s real estate leaders to chart a 10-year vision at RIUNIT forum
What does the next decade hold for Sri Lanka’s real estate market? That’s exactly the question a room full of industry leaders will be sitting down to answer next month. The Research Intelligence Unit (RIUNIT) who initiated this effort is hosting Driving Growth Through Real Estate: 10 Year Plan — a high-level forum bringing together […]
Ceylon Tobacco Company PLC appoints Sarmad Abbasi to the helm
Ceylon Tobacco Company PLC (CTC) today announced the appointment of Sarmad Abbasi as its Managing Director and Chief Executive Officer, effective from 1st May 2026. Mr. Sarmad Abbasi takes on the role from Ms. Fariyha Subhani who served as Managing Director and Chief Executive Officer of the Company since April 2024, continuing the company’s legacy […]
CEPA:Twenty-Five years of not looking away
by Rebecca Jayatissa, Communications Professional – CEPA As the Centre for Poverty Analysis marks a quarter century of work, Sri Lanka has cause to reflect on what independent research has meant for the country’s most vulnerable communities. In May 2001, nine professionals working on poverty-related issues in Sri Lanka came together around a shared conviction: […]
Middle East military escalation could cost Asia-Pacific up to US$299 billion, UNDP
Years of human development gains across Asia and the Pacific are under pressure as the impacts of the recent military escalation in the Middle East ripple through economies and households, despite a temporary ceasefire. As the situation remains fluid, a current preliminary analysis by UNDP examines how heightened volatility, transmitted through energy, trade, and labour […]
IMF warns Middle East shock could hit Sri Lanka growth, backs targeted relief as tariffs rise
The International Monetary Fund has warned that escalating geopolitical tensions in the Middle East pose a significant risk to Sri Lanka’s economic recovery, even as authorities move ahead with price reforms and fiscal adjustments. The IMF said the evolving crisis could impact key external sectors including exports, remittances, tourism and connectivity, describing it as one […]
Middle East conflict threatens Sri Lanka recovery as inflation, tourism and reserves come under pressure
Sri Lanka’s economic recovery is facing renewed pressure as the escalating Middle East conflict begins to feed through to inflation, tourism, and external balances, the Asian Development Bank (ADB) said. The island entered 2026 from a position of relative strength, recording 5.0 percent growth in 2025, supported by broad-based expansion across services, industry, and agriculture. […]
Sri Lanka faces renewed economic risks despite recovery momentum, ADB says
Sri Lanka’s economic recovery is expected to continue into 2026, but fresh global and domestic risks are beginning to test its stability, according to the latest Asian Development Outlook (April 2026) by the Asian Development Bank (ADB). The report notes that while the country has moved past its worst crisis phase, growth is likely to […]
Sri Lanka’s first 100-pct enewable energy recycling center in plantation sector unveiled by the Coca-Cola Foundation
The first zero-emission Material Collection and Processing Facility in Sri Lanka was officially inaugurated under the SWYFT Project. This initiative is funded by The Coca-Cola Foundation (TCCF), implemented by Janathakshan, with Neptune Recyclers serving as the recycling partner, in collaboration with Talawakelle Plantation. The Somerset ECO Material Collection & Processing Center was officially opened on […]
Kenilworth Estate: Crafting premium Ceylon tea through innovation and heritage
Since 1947, when its current factory rose from the site of an earlier 1942 structure, Kenilworth Tea Estate has crafted teas renowned for their long, wiry, well-twisted leaves; blacker, cleaner, and meticulously rolled through an extended 2.5-hour Orthodox process that yields a coppery-bright infusion with creamy, full-bodied strength, woody frankness, and subtle citrus notes. Perched […]
TONIK launches “Island Daughters” A storytelling series honouring women who carried Sri Lanka to the world
This International Women’s Month, TONIK invites Sri Lanka to see itself differently. Not just as an island shaped by land and history — but by its women. Through Island Daughters, a new storytelling series, TONIK shines a light on the women whose voices, creativity, and courage have carried Sri Lanka’s story far beyond its shores. […]