Tag: lbo
Virtusa host CMO in Sri Lanka and discusses of transformation across HR, brand, technology and sales
Virtusa, the global provider of digital engineering solutions hosted Brian Jochum, the company’s Chief Marketing Officer and a member of the Global CXO team in Sri Lanka recently. During hismvisit, Jochum visited the Virtusa offices in Sri Lanka, met with the local leadership and addressed the media at an outreach event. Jochum’s visit to Sri […]
‘s Tourism sector: RIUNIT report
The Research Intelligence Unit (RIUNIT) has released a comprehensive report shedding light on the current state of the Sri Lankan Travel and Tourism sector. Despite the challenges posed by the global COVID-19 pandemic and subsequent economic crises, the data reveals promising trends in tourist arrivals and spending, indicating a gradual recovery in the industry, paving […]
Navigating Sri Lanka economic crossroads: MP Harsha
In a press conference held recently at the Leader of the Opposition’s office, Member of Parliament, Dr. Harsha de Silva provided crucial insights into the current state of Sri Lanka’s economy. Central to the discussion were key developments surrounding the International Monetary Fund (IMF), challenges faced by the nation, and the imperative need for global […]
Launch of CSE sustainability reporting guide and awareness session
The Colombo Stock Exchange (CSE), in collaboration with the Global Reporting Initiative (GRI), developed the 3rd version of the sustainability reporting guide, which was ceremonially launched today at the Market Opening Bell Ringing ceremony held at the trading floor of the CSE. The publication is now available at www.cse.lk. Delivering the keynote address at this […]
Relations between Sri Lanka and EU reviewed in Brussels
The Ambassador of Sri Lanka to the European Union Grace Asirwatham, who is completing her tour of duty in Brussels by the end of December 2023, had a farewell meeting with Paola Pampaloni, Deputy Managing Director of the Asia Pacific Department of the European External Action Service (EEAS), on November 28, 2023. During the meeting, […]
Sri Lanka Economic Summit 2023 kicks off
The Ceylon Chamber of Commerce will host the Sri Lanka Economic Summit 2023 on November 28th and 29th at the Shangri-La Hotel, Colombo, with President Ranil Wickremesinghe attending as the Chief Guest. The inauguration will also feature a Keynote Address and Fireside Chat with Montek Singh Ahluwalia, Deputy Chairman of the Planning Commission of India […]
Quick chat with celebrity Chef Gary Mehigan
The renowned Celebrity Chef and former judge of MasterChef Australia, Gary Mehigan, engaged in a brief online discussion ahead of his highly anticipated trip to Sri Lanka at the end of the month. The culinary maestro is set to captivate Sri Lanka during a three-day culinary extravaganza, in partnership with Cinnamon Hotels & Resorts. From […]
Steering senior public sector officials towards innovative thinking
Recognizing the indispensable role of a robust public sector in achieving Sri Lanka’s development objectives, Citra -Sri Lanka’s pioneering Social Innovation Lab established as a joint initiative between Prime Minister’s Office and UNDP Sri Lanka – held the Citra Fellowship on Public Service Excellence, a unique experiential learning programme tailored to fortify and invigorate the nation’s […]
Sri Lanka launches Nationally Determined Contributions (NDC) implementation plan
From record-breaking temperatures to increasing extreme weather events, in 2022 alone Asia recorded 81 weather, climate and water-related disasters which directly affected more than 50 million people, costing USD 36 billion in economic damages according to the World Meteorological Organisation’s State of the Climate in Asia report. The global landscape is changing dramatically with the […]
Design Code: Showcase of creativity, innovation, and collaboration
The University of Moratuwa unveiled their annual design showcase, “Design Code,” scheduled to take place from November 23rd to 26th. The Design Code, a four-day event is organized by the Department of Integrated Design, Faculty of Architecture, University of Moratuwa. During a recent press briefing, industry experts who participated, highlighted the crucial role of design […]
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Fitch Ratings has assigned National Development Bank PLC’s (NDB, A-(lka)/Stable) proposed Sri Lankan rupee-denominated Basel III-compliant subordinated debentures of up to LKR5 billion a final National Long- Term Rating of ‘BBB(lka)’. The final rating is the same as the expected rating assigned on 1 September 2023 and follows the receipt of documents conforming to information […]
John Keells Holdings PLC interim financial results for 2Q 2023/24
Summarised below are the key operational and financial highlights of our performance during the quarter under review: • During the quarter under review, the Group’s businesses, except for Transportation and Property, recorded growth in profitability. • Group EBITDA at Rs.8.06 billion in the second quarter of 2023/24 is a decrease of 13% against Group EBITDA […]