LMD | Sri Lanka Business Magazine

GOOD NEWS COLLECTION JAN 2025 DIGITAL EDITION

Explore the digital edition of this inaugural issue, featuring inspiring stories and remarkable achievements that make Sri Lanka proud – from sustainable innovations to international accolades.

COVER STORY | SRI LANKAN OF THE YEAR 2024

Year 2024 was a pivotal period for Sri Lanka as the call for change resonated throughout the nation. While public

LMD AWARDS NIGHT 2024

Watch the full event here

Introducing LMD International

We are going #global🌍

BUSINESS SENTIMENT

The election of a new government has ignited a surge of optimism and speculation about the country’s economic future

HAVE YOUR SAY

BUDGET WISH LIST
What’s on your wish list for Budget 2025?

WHATSAPP AD

DIGITAL EDITIONS

Our latest publications now available for viewing in digital format

STAFF AD

STOP CORRUPTION

EDITORIALS

THE BIG PICTURE

Humaydh SariffodeenDecember 26, 20242024-12-31T17:30:58+00:00

THE PULSE OF BUSINESS The recently released annual special edition of listed company rankings...

STATE OF THE NATION

Humaydh Sariffodeen December 26, 2024 2024-12-26T17:05:34+00:00

Much editorial and analytical ink was spilled over the results of the presidential and parliamentary...

THE GIG ECONOMY

Humaydh Sariffodeen December 26, 2024 No Comment2024-12-26T17:07:34+00:00

A freelance designer completes a high impact branding project for a startup without setting foot in...

DATA PRIVACY

Humaydh Sariffodeen December 26, 2024 No Comment2024-12-26T17:07:28+00:00

The UN commemorates International Day for the Abolition of Slavery on 2 December every...

CURRENT AFFAIRS

NEW WORLD ORDER

Humaydh SariffodeenDecember 26, 2024No Comment2024-12-26T17:08:53+00:00

Chief Economist at Goldman Sachs Dr. Jim O’Neill coined the acronym BRIC in his 2001 study...

POLITICS OF CORRUPTION

Humaydh Sariffodeen December 26, 2024 No Comment2024-12-26T17:09:23+00:00

The EC has expressed concern about the rule of law in Slovakia and was recently considering...

NEW FRONTIERS

Humaydh Sariffodeen December 26, 2024 2024-12-26T17:09:34+00:00

TECH WARS US National Security Advisor Jake Sullivan is leading a carefully crafted initiative to...

TOMORROW’S WORLD

Humaydh Sariffodeen December 26, 2024 2024-12-26T15:20:06+00:00

The January issue of Tomorrow’s World features a list of important events across the globe...

BUSINESS FORUM

FINANCIAL SERVICES

Humaydh SariffodeenDecember 26, 2024No Comment2024-12-26T17:10:56+00:00

The non-banking financial institutions (NBFIs) sector plays a vital role in providing essential...

IT INDUSTRY

Humaydh Sariffodeen December 26, 2024 2024-12-26T17:11:08+00:00

To thrive in today’s fast-paced and evolving business environment, organisations must foster a culture...

MARITIME SECTOR

Humaydh Sariffodeen December 26, 2024 No Comment2024-12-26T17:11:18+00:00

The sector has experienced upheaval in recent years due to the twin impacts of the COVID-19...

HUMAN RESOURCES

Humaydh Sariffodeen December 26, 2024 2024-12-26T17:11:26+00:00

To understand the role of the CPO, we must first look at the evolution of human resources. In the early...

BUSINESS AFFAIRS

ECONOMIC REVIEW

Humaydh SariffodeenDecember 26, 2024No Comment2024-12-26T17:12:53+00:00

The presidential and parliamentary elections are behind us; and by end November...

THE GREEN ECONOMY

Humaydh Sariffodeen December 26, 2024 No Comment2024-12-26T17:14:45+00:00

The economy and livelihoods depend on natural capital (nature, biodiversity and ecosystem...

AGRICULTURE SECTOR

Humaydh Sariffodeen December 26, 2024 2024-12-26T17:13:14+00:00

The need for sustainable urban food production has gained urgency as cities grow and space for...

ECONOMIC REVIEW

Humaydh Sariffodeen November 29, 2024 No Comment2024-11-29T10:59:01+00:00

On the back of five percent GDP growth in the first half of this year, in its Sri Lanka Development...

MANAGEMENT DIGEST

WORLD VIEW

Humaydh SariffodeenDecember 26, 2024No Comment2024-12-26T17:16:24+00:00

Today’s world is becoming more interconnected with economic activities in one corner of the...

WORKPLACE PILFERAGE

Humaydh Sariffodeen December 26, 2024 2024-12-26T17:16:51+00:00

Employee pilferage or theft from within is a troubling challenge for businesses worldwide. This...

SEARCH ENGINES

Humaydh Sariffodeen December 26, 2024 2024-12-26T17:17:01+00:00

In the past, if you wanted to look up restaurant or product review, or discover what’s trending in...

MIND POWER

Humaydh Sariffodeen December 26, 2024 No Comment2024-12-26T17:17:10+00:00

Setting a goal is one thing but achieving a transformative result is something else – entirely...

TOP SHELF

SRI LANKANS OVERSEAS

Humaydh SariffodeenDecember 26, 2024No Comment2024-12-26T16:23:47+00:00

Sri Lanka’s pioneering international magazine is going places – having gone global in April! LMD International’s mission...

YOUTH FORUM

Humaydh Sariffodeen December 26, 2024 No Comment2024-12-26T17:18:09+00:00

Like any nation, Sri Lanka has its positives, flaws and untapped potential. When I think of the...

CINNAMON LIFE FEATURE

Humaydh Sariffodeen December 26, 2024 No Comment2024-12-26T17:18:19+00:00

“The F&B industry has shifted towards prioritising quality over quantity with a strong emphasis...

ETHNIC DISTRICT

Humaydh Sariffodeen December 26, 2024 2025-01-07T08:39:11+00:00

Singapore is one of the world’s most visited destinations. This high-energy city offers numerous attractions and experiences, and...

MEDIA RELEASES

MALIBAN KIRI

Tharindu PereraJanuary 17, 20252025-01-17T20:04:23+00:00

Maliban Kiri, a trusted name in Sri Lanka’s dairy industry since its launch in 1992, recently unveiled a refreshed packaging design, marking a significant...

THE PUBLIC RELATIONS ASSOCIATION OF SRI LANKA

Tharindu Perera January 17, 2025 2025-01-17T19:54:26+00:00

The Public Relations Association of Sri Lanka (PRASL) successfully held its 1st Annual General Meeting, announcing the appointment of its new...

SITC CAMPUS

Tharindu Perera January 17, 2025 2025-01-17T19:45:55+00:00

SITC Campus (sitc.lk), a leading higher education institute in Sri Lanka, registered and approved by Skills Development Fund Limited (SDFL) under...

PRESTIGIOUS CHARTERED GLOBAL MANAGEMENT ACCOUNTANT

Tharindu Perera January 17, 2025 2025-01-17T19:34:18+00:00

AICPA & CIMA, together as the Association of International Certified Professional Accountants, announced Kaushala Amarasekara, (ACMA...

MICROSOFT COPILOT

Tharindu Perera January 17, 2025 2025-01-17T19:27:08+00:00

Navigating today's fast-paced and competitive business landscape presents organizations with a myriad of challenges, including inefficiency...

SRI LANKA ECONOMIC SUMMIT

Tharindu Perera January 17, 2025 2025-01-17T19:08:34+00:00

The Sri Lanka Economic Summit organized by The Ceylon Chamber of Commerce will host a session focused on "Maximising Tourism Potential...

THE COMMERCIAL BANK OF CEYLON

Tharindu Perera January 17, 2025 2025-01-17T18:31:25+00:00

The Commercial Bank of Ceylon has been ranked the best for service excellence among Sri Lanka’s banks in the 2024 edition of the annual Customer...

GOURMET GALLE MASTERCLASSES

Tharindu Perera January 17, 2025 2025-01-17T18:20:36+00:00

Nestled in the heart of the historic Galle Fort, the Gourmet Galle Masterclasses offer a chance to delve into unique culinary exposures with some...

ROAR ADX KICKS OFF 2025 WITH A TRAILBLAZING WORKSHOP FOR OGILVY DIGITAL

Kasun Basuriya January 17, 2025 2025-01-17T14:36:42+00:00

RoarAdx, a leading authority in platform marketing, launched its first training initiative of the year with an advanced workshop for brand building on Meta for Ogilvy Digital...

DISCOVER TRANQUIL ACRE, GROUNDWORTH PARTNERS’ 7TH MILESTONE IN REAL ESTATE EXCELLENCE

Kasun Basuriya January 17, 2025 2025-01-17T13:26:09+00:00

Groundworth Partners, a trusted name in real estate, proudly announces the launch of its seventh successful project, Tranquil Acre, in the heart of Pannipitiya - Palanwaththa...

INIVOS COO AND CO-FOUNDER AYOMI GUNAWARDANA WINS DIGITAL WOMEN ENTREPRENEUR OF THE YEAR AT WCIC PRATHIBAABISHEKA AWARDS 2024

Kasun Basuriya January 17, 2025 2025-01-17T09:05:05+00:00

Ayomi Gunawardana, the Chief Operating Officer and Co-Founder of Inivos Consulting Pvt Ltd, was awarded the coveted Digital Women Entrepreneur of the Year...

CINNAMON GRAND COLOMBO

Humaydh Sariffodeen January 16, 2025 2025-01-16T17:44:47+00:00

Cinnamon Grand Colombo bid farewell to 2024 and welcomed the New Year in grand style with a series of magical events that...

PARTNER NEWS

FUTURE CONNECT

Tharindu PereraJanuary 17, 20252025-01-17T19:58:01+00:00

Hutch collaborated with the Faculty of Computing at the University of Sri Jayewardenepura to conduct an exclusive knowledge-sharing session...

ARTISTRY OF EXCLUSIVITY: DISCOVER MONTBLANC’S LATEST ARRIVALS

Kasun Basuriya January 17, 2025 2025-01-17T13:15:53+00:00

Turret is delighted to announce that the latest Montblanc arrivals are now gracing our prestigious stores...

SLT-MOBITEL

Humaydh Sariffodeen January 16, 2025 2025-01-16T17:30:54+00:00

SLT-MOBITEL Nebula Institute of Technology, the educational arm of SLT-MOBITEL, has been honoured with international...

DFCC BANK

Humaydh Sariffodeen January 16, 2025 2025-01-16T15:25:28+00:00

DFCC Bank, a pioneer in digital enablement and digital banking innovation, has launched a new service through DFCC Online...

DFCC BANK

Humaydh Sariffodeen January 16, 2025 2025-01-16T13:31:02+00:00

As the pioneering bank in Sri Lanka to offer a tailored financial proposition to the growing community of freelancers, DFCC...

SEYLAN BANK

Humaydh Sariffodeen January 16, 2025 2025-01-16T12:47:43+00:00

Seylan Bank proudly partnered with the Colombo Motor Show 2024 as the Official Banking & Leasing Partner for the seventh...

AMÃNA BANK

Humaydh Sariffodeen January 16, 2025 2025-01-16T12:01:57+00:00

Amãna Bank has partnered with the Bristol Institute of Business Management (BIBM) to offer people-friendly education...

SLT-MOBITEL

Humaydh Sariffodeen January 9, 2025 2025-01-09T00:05:14+00:00

SLT-MOBITEL has successfully landed the SEA-ME-WE 6 (Southeast Asia-Middle East-Western Europe 6) submarine cable in Matara, Sri Lanka on December 29...

MASTERCARD

Humaydh Sariffodeen January 9, 2025 2025-01-09T00:02:23+00:00

Reiterating its commitment to fostering entrepreneurship and furthering inclusive growth through digital innovation in Sri Lanka, Mastercard collaborated...

HAYLEYS FENTONS

Tharindu Perera January 8, 2025 2025-01-08T14:00:11+00:00

Hayleys Fentons Limited secured the prestigious Gold award in the Construction Sector at the CA Sri Lanka TAGS Awards 2024, earning immense...

THE BANK OF CEYLON

Tharindu Perera January 8, 2025 2025-01-08T13:55:31+00:00

The Bank of Ceylon (BOC) has been recognised as a leader in Sri Lanka’s financial sector, receiving multiple awards at the People’s Excellency Awards...

HUTCH SRI LANKA

Tharindu Perera January 8, 2025 2025-01-08T13:29:21+00:00

Snowflake, the AI Data Cloud company, announced that HUTCH Sri Lanka, a leading telecommunications provider, has collaborated with Snowflake...

OPINION POLLS

BUSINESS SENTIMENT

Humaydh SariffodeenDecember 26, 20242024-12-26T14:44:24+00:00

The election of a new government has ignited a surge of optimism and speculation about the country’s economic future...

BURNING ISSUES

Humaydh Sariffodeen December 26, 2024 2024-12-26T14:57:08+00:00

High taxes remain an unrelenting challenge for business as the corporate community continues to grapple with the prevailing tax...

THE ECONOMY

Humaydh Sariffodeen December 26, 2024 2024-12-26T15:02:26+00:00

Confidence about the economy in corporate circles remains subdued, despite the rise of the LMD-PEPPERCUBE Business...

THE COST OF LIVING

Humaydh Sariffodeen December 26, 2024 2024-12-26T15:03:17+00:00

The PepperCube Cost of Living Index (CLI) has dropped for the seventh consecutive month, hitting its lowest point since the fourth...

FINANCIAL PROFILES

MICROCOSM

Humaydh SariffodeenDecember 26, 20242024-12-26T16:48:04+00:00

IMF staff and Sri Lankan authorities reached a staff level agreement on economic policies to conclude the third review of Sri...

KEY ECONOMIC DATA

Humaydh Sariffodeen December 26, 2024 2024-12-26T16:49:54+00:00

...

THE GLOBAL AI INDEX

Humaydh Sariffodeen December 26, 2024 2024-12-26T16:55:43+00:00

...

TOP OIL PRODUCING COUNTRIES

Humaydh Sariffodeen December 26, 2024 2024-12-26T16:56:49+00:00

...

ONLINE EXCLUSIVES

THE 25 BEST PLACES TO TRAVEL IN 2025

Kasun BasuriyaJanuary 17, 20252025-01-17T15:17:20+00:00

From bubblegum-coloured lakes in Australia to a solar-powered safari camp in Botswana, these are BBC journalists' top destinations this year...

ISRAEL AND HAMAS AGREE TO GAZA CEASEFIRE AND HOSTAGE DEAL

Kasun Basuriya January 16, 2025 2025-01-16T09:53:47+00:00

Three female Israeli civilian hostages are expected to be released on the first day of the ceasefire agreed by Israel and Hamas...

UN PREDICTS WORLD ECONOMIC GROWTH TO REMAIN AT 2.8% IN 2025

Humaydh Sariffodeen January 11, 2025 2025-01-11T07:43:11+00:00

Global economic growth is projected to remain at 2.8% in 2025, unchanged from...

TRUMP IS NAMED TIME’S PERSON OF THE YEAR AND RINGS THE NEW YORK STOCK EXCHANGE’S OPENING BELL

Kasun Basuriya December 12, 2024 2024-12-12T22:10:31+00:00

President-elect Donald Trump rang the opening bell Thursday at the New York Stock Exchange after being recognized for the second time by Time magazine as its person of the year...

SRI LANKA TOURISM TO LAUNCH UNIFIED NATIONAL BRAND FROM JANUARY

Humaydh Sariffodeen November 20, 2024 2024-11-20T11:19:57+00:00

Sri Lanka Tourism is set to unveil a unified national brand in January instead of going ahead with campaign taglines, aiming to...

SRI LANKA PRESIDENT KEEPS FINANCE MINISTER ROLE, REAPPOINTS AMARASURIYA AS PRIME MINISTER

Humaydh Sariffodeen November 18, 2024 2024-11-18T16:08:53+00:00

Sri Lanka's Prime Minister Harini Amarasuriya waves to her party National People's Power (NPP) supporters…...

PARTY OF SRI LANKA’S NEW MARXIST-LEANING PRESIDENT WINS TWO-THIRDS MAJORITY IN PARLIAMENT

Kasun Basuriya November 15, 2024 2024-11-15T16:14:19+00:00

The party of Sri Lanka’s new Marxist-leaning President Anura Kumara Dissanayake won a two-thirds majority in parliament, according to official election results Friday...

WANDERLUST READER TRAVEL AWARDS

Humaydh Sariffodeen November 7, 2024 2024-11-07T12:37:09+00:00

After more than 3 million votes were cast by 168,000 passionate, globetrotting readers, the results…...

ONLINE FEATURES

INSPIRING HOPE

Humaydh SariffodeenSeptember 27, 20242024-09-27T17:44:45+00:00

During my school holidays, I decided to volunteer with a Sri Lankan non-profit organization based in Moratuwa. I had the...

INTERNATIONAL DAY OF CARE AND SUPPORT

Humaydh Sariffodeen October 30, 2023 2023-10-30T14:07:09+00:00

Care work and housework sustains families and communities. It enables people to enter the workforce, contributes to economies as well as...

SOVEREIGN DEBT RESTRUCTURING

Humaydh Sariffodeen September 19, 2023 2023-09-20T15:25:48+00:00

The Government of Sri Lanka has outlined its expectations to conclude its sovereign debt restructuring expeditiously to regain debt sustainability...

MINDFUL SOLUTIONS WITH MO GAWDAT

Humaydh Sariffodeen September 5, 2023 2023-09-05T16:02:49+00:00

Cinnamon Hotels and Resorts hosted Mo Gawdat, the former Chief Business Officer of Google X and Best-selling author...

COMMUNITY-LED RECYCLABLE WASTE COLLECTION

Humaydh Sariffodeen September 4, 2023 2023-09-04T09:58:46+00:00

Solid waste management is identified as a critical social, environmental, and health issue with a multitude of economic...

THE FOOD AND AGRICULTURE ORGANIZATION

Tharindu Perera May 16, 2023 2023-05-16T12:39:38+00:00

The Food and Agriculture Organization of the United Nations (FAO) initiated a 1.5 million USD project via funding from China as part of the South-South Cooperation...

6TH INTERNATIONAL INVESTMENT FORUM

Tharindu Perera February 21, 2023 2023-02-21T20:03:44+00:00

the 6th International Investment Forum (IIF) took place online. A total of 20 speakers presented their companies and offered interested viewers exciting insights...

ELECTRICITY CRISIS

Tharindu Perera November 10, 2022 2022-11-10T20:08:38+00:00

The COVID-19 pandemic and the subsequent economic crisis revealed vulnerabilities in the Sri Lankan economy and weakened its economic state...

January 2025
M	T	W	T	F	S	S
« Dec
		1	2	3	4	5
6	7	8	9	10	11	12
13	14	15	16	17	18	19
20	21	22	23	24	25	26
27	28	29	30	31