Tag: lbo
Opinion: A safer digital space for Sri Lankan young minds to learn, explore and create
By Ferdous Mottakin, Head of Public Policy & Government Relations for SouthAsia at TikTok When I think about the potential of digital platforms, I don’t see them as just platforms for trends or entertainment. I see them as potential bridges for connecting young minds with each other to share ideas, knowledge, and opportunities. In Sri […]
HNB felicitates employees who completed 25 years of service
Sri Lanka’s leading private sector bank, HNB PLC organized a ceremony recently to felicitate their employees who completed 25 years of service at the Bank. HNB organized a gala event to recognize 160 employees who had joined in 1999/2000. This highly anticipated event was attended by HNB Managing Director and CEO Damith Pallewatte, SVP/Chief Human […]
TikTok launches dedicated STEM Feed in Sri Lanka with Govt support
TikTok, with the support of the Government of Sri Lanka, today announced the launch of a dedicated STEM Feed in the country, creating a new in-app destination for credible science, technology, engineering and mathematics content. This initiative signals a new era where TikTok, together with the Government and its vibrant Sri Lankan community, will come […]
MAS bags major honours at Mercantile Badminton Tournament
In a show of ultimate brilliance, Team MAS led by their captain Randika Fernando let the shuttle do the talking as they displayed amazing sporting spirit and stamped their authority at the recently concluded Mercantile Badminton Tournament clinching a Grand Slam Championship title and a Bowl Championship 2 nd Runners-up spot during the multi-day tourney […]
Sri Lanka’s property market gains spotlight with Minoli Wickramasinghe on global stage
Minoli Wickramasinghe, Managing Director of Capital Trust Properties, recently represented Sri Lanka at two major international real estate forums in Singapore, spotlighting the nation’s evolving investment landscape and resurgence as a regional property destination. At the APAC Forum 2025, hosted by Leading Real Estate Companies of the World® (LeadingRE) under the theme “Connecting Beyond Borders”, […]
Mahindra Ideal Finance rolls out revolving credit solution for multi brand vehicle importers and SMEs
Mahindra Ideal Finance Ltd. (MIFL), one of Sri Lanka’s fastest growing finance company, today announced the launch of the MIFL Revolving Business Loan – a customized loan facility designed to address the short-term working capital needs of multi brand vehicle importers and other SME business owners across the country. The MIFL Revolving Loan product has […]
Sunshine Holdings marks successful completion of ‘Smart Life Challenge’
Diversified conglomerate Sunshine Holdings (CSE: SUN) successfully concluded Phase 01 of the ‘Smart Life Challenge’, a three-month employee wellness programme designed to encourage sustainable lifestyle improvements among its workforce. Initiated and led by the Group’s HR team, this programme focused on fostering healthier habits, enhancing physical and mental well-being, and strengthening team spirit across all […]
Newcomers deliver big finishes as speedstar championship 2025
The SpeedStar Championship 2025 came to a thrilling close at SpeedBay in Port City Colombo, marking the end of a dynamic three-round karting series that welcomed complete newcomers to the sport. Designed exclusively for novice drivers with no prior motorsports experience, the championship offered a unique opportunity for first-time racers to experience competition in a […]
Yara Technologies partners with Clover Infotec to revolutionize EdTech in Botswana
Empowering schools with predictive analytics and seamless communication solutions with Talkative Parents and Quanta Platforms Yara Technologies (Pvt) Ltd (“Yara”), a fast-scaling EdFinTech startup in Sri Lanka, has announced a strategic resale partnership with Clover Infotec to launch its flagship platforms – Talkative Parents and Quanta – in Botswana. This partnership represents a pivotal step […]
Nations Trust Bank delivers 26% loan growth in 1H 2025 supporting economic revival
Nations Trust Bank PLC reported strong results for the six months ending 30th June 2025, achieving a Profit After Tax (PAT) of LKR 9Bn, reflecting a healthy 10% year-on-year growth. Nations Trust Bank, Director & Chief Executive Officer, Hemantha D Gunetilleke, stated, “The Bank’s performance in 1H 2025 highlights our commitment to economic growth and […]
Is an increase in the tobacco tax incidence a practical policy option in Sri Lanka?
By Sri Lal Somaweera The recent COPF discussions sparked debate on a push to raise Sri Lanka’s tax on cigarettes to be 75% of the price of the cigarette. This has resurfaced policy discussions, echoing a longstanding recommendation from the World Health Organization’s (WHO). Their aim is clear: discourage smoking, improve public health, and boost […]
CCC applauds Government for securing 20-pct tariff rate on US exports
The Ceylon Chamber of Coconut Industries extends its sincere appreciation to President Anura Kumara Dissanayake and the negotiating team for securing a reduced 20% reciprocal tariff from the United States. As our largest export market for coconut products, this achievement marks a critical win for the industry, helping Sri Lankan exporters compete more fairly with […]