Tag: lbo
Sri Lanka’s new poverty line shows why recovery must be measured at household level
Sri Lanka’s official poverty line has been revised to Rs. 17,117 per person per month for April 2026, according to the latest update published by the Department of Census and Statistics. The figure represents the minimum monthly expenditure required by an individual to meet basic needs, and provides an important benchmark for understanding how far […]
SLCGE presents groundbreaking design hub proposal to Ministry of Industry and Entrepreneurship Development
On 28th May 2026, a high-level delegation from the Sri Lanka Chamber of Garment Exporters (SLCGE) met with the Deputy Minister of Industry and Entrepreneurship Development, Hon. Chathuranga Abeysinghe, at his office to formally present a strategic proposal for the establishment of the SLCGE Design Hub. The SLCGE delegation was led by President Nishantha Bakmeege, […]
Evolution Auto launched the Xpeng G6 in Sri Lanka marking a new era in premium electric mobility
Evolution Auto Private Limited the authorised distributor for Xpeng in Sri Lanka, officially launched the New Generation Xpeng G6 at its multi brand showroom in Colombo 05 on 22 May 2026, marking a significant milestone in the country’s rapidly evolving electric vehicle landscape. The launch event brought together media representatives, industry stakeholders, and invited guests […]
Why Sri Lanka’s SME apparel sector needs a national sustainable industries policy framework
By Nishantha Bakmeege President Sri Lanka chamber garment exporters (SLCGE) A clear national sustainable industries framework is becoming essential if Sri Lanka’s SME apparel manufacturers are to cut carbon, adopt renewable energy and remain competitive in global export supply chains. Sri Lanka’s apparel industry is entering a new phase where export competitiveness will increasingly be […]
Six cars, one decision: Which is the best value for your money?
Six cars, one decision: Which is the best value for your money? A no-jargon comparison of the IM6, IM5, Honda CR-V, Mercedes GLC 200, BMW 523i & Mercedes C200 Buying a car is one of the biggest decisions you’ll make, and with so many options on the market today, it can feel overwhelming. We’ve put […]
LANKATILES unveiled 60th showroom in Colombo
LANKATILES marked a significant milestone with the opening of its 60th showroom in Sri Lanka, reinforcing over five decades of trust and innovation. The new showroom brings contemporary luxury, world-class tile designs and its signature double-fired premium tiles closer to customers in Colombo’s urban hub. Located at No. 85, Dr. N. M. Perera Mawatha, Colombo […]
Sweden: A public health blueprint for a smokeless future
Dr. R.S Maujood ( Chest Physician ) The promise of progress Every nation shares the goal of reducing the enormous health burden caused by smoking. It is a complex challenge that requires an open mind to innovative solutions. Around the world, a public health strategy known as tobacco harm reduction is gaining traction, centred on […]
MIFL records PBT of LKR 818Mn in FY 2025-26, up 193-pct YoY
Mahindra Ideal Finance Ltd. (MIFL) reported its strongest ever financial performance in the year ended 31 March 2026, recording significant growth across profitability, lending volumes, and operational efficiency. The company posted a Profit Before Tax (PBT) of LKR 818 million, reflecting a 193% Year-on-Year (YoY) increase, while Profit After Tax (PAT) rose to LKR 478 […]
Sri Lanka’s real estate leaders chart a 10-yr vision at RIUNIT forum
Sri Lanka’s most influential voices in property, investment, policy and urban development convened at the Port City Sales Gallery on Monday, 5th May 2026, for Driving Growth Through Real Estate: 10 Year Plan – a high-level forum conceptualised and hosted by the Research Intelligence Unit (RIUNIT). The half-day forum, held from 2:30 PM to 7:00 […]
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 […]