LMD | Sri Lanka Business Magazine

World Bank Supports Sri Lanka With $56 Million to Mitigate COVID-19 Impacts

COLOMBO, September 10, 2020—The World Bank has reallocated $56 million from ongoing projects in Sri Lanka

COVER STORY

LMD EXCLUSIVE It’s All About Alignment Dumith Fernando calls for an alignment of funding rules, a skills strategy and incentives to boost capital markets in the post-COVID investment landscape An…

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EDITORIALS

STATE OF THE NATION

Sanuka FernandoNo Comment2020-09-21T21:07:19+00:00

There is a tide in the affairs of men, which taken at the flood, leads on to fortune...

THE BIG PICTURE

Sanuka Fernando 2020-09-21T17:32:56+00:00

President Gotabaya Rajapaksa’s solemn promise to the nation when he addressed...

STATE OF THE NATION

Sanuka Fernando No Comment2020-08-27T06:00:15+00:00

The people’s appetite for more agency and less alienation in their own governance was tasted by the high electoral turnout...

SINO-INDIAN RIVALRY

Sanuka Fernando 2020-08-27T05:55:21+00:00

China and India – two global giants jostling for supremacy in the region and beyond – share a complicated history...

CURRENT AFFAIRS

MEXICO TODAY

Sanuka Fernando2020-09-23T05:45:03+00:00

Currently the world’s 15th largest economy, affluence and abundance reside...

US PRESIDENTIAL ELECTION

Sanuka Fernando No Comment2020-09-22T23:58:47+00:00

BID FOR THE WHITE HOUSE Saro Thiruppathy covers the issues facing Americans in the upcoming…...

BRI REPORT

Sanuka Fernando No Comment2020-08-27T06:00:39+00:00

As the world struggles to come to terms with the havoc caused to economies by the COVID-19 pandemic...

NOTE TO POTUS

Sanuka Fernando 1 Comment2020-08-27T05:55:42+00:00

Donald, you remind me very much of my grandmother. Like you, she had an imaginary fiefdom and a feudal mind...

1 Comment

BUSINESS FORUM

INSURANCE SECTOR

Sanuka Fernando2020-08-27T06:00:15+00:00

As the world fights COVID-19, the impact is being felt across economic segments with Sri Lanka’s insurance sector also...

SME SECTOR

Sanuka Fernando No Comment2020-08-27T05:55:07+00:00

Approximately 80 percent of Sri Lankan businesses are SMEs, generating employment of 50 percent and contributing...

RETAIL SECTOR

Sanuka Fernando 2020-08-27T05:50:10+00:00

Consumption levels remained low through 2019/20 with volume declines in many categories and visible value growth...

FINANCIAL SERVICES INDUSTRY

Sanuka Fernando 1 Comment2020-08-27T05:45:12+00:00

Digital marketing has made it possible to leverage the value of big data to understand customers better...

1 Comment

BUSINESS AFFAIRS

ECONOMIC AGENDA

Sanuka Fernando2020-08-27T06:00:56+00:00

The next five years will be a crucial period for Sri Lanka as it emerges from the COVID-19 crisis and puts forward an...

UK-EU TRADE IMPASSE

Sanuka Fernando 2020-08-27T05:55:59+00:00

With the UK now eight months into its Brexit transition period with the EU, the clock is ticking. Brexit represents...

ENERGY STORAGE

Sanuka Fernando 1 Comment2020-08-27T05:50:01+00:00

The claim that clean and renewable energy sources are required to create a sustainable society cannot...

1 Comment

FOOD SECURITY

Sanuka Fernando No Comment2020-08-27T05:45:03+00:00

The COVID-19 outbreak has revealed contradictions in the modern food system – and presented an opportunity...

MANAGEMENT DIGEST

INDUSTRY 4.0

Sanuka Fernando2020-08-27T06:00:29+00:00

Due to the constant expansion of advanced manufacturing technologies based on AI and machine learning...

MIND CONTROL

Sanuka Fernando No Comment2020-08-27T05:55:32+00:00

Imagine watching TV at home, hands salty with popcorn, drink precariously balanced on your legs, yet effortlessly...

CREATIVITY UNLEASHED

Sanuka Fernando No Comment2020-08-27T05:50:42+00:00

Creative thinking has never been more relevant than it is today. The mercurial market landscape and threat of becoming...

SHAPING CAREERS

Sanuka Fernando 2020-08-27T05:45:46+00:00

Empirical studies and a cursory glance at placement records of management schools reveal that most MBAs tend to migrate...

TOP SHELF

YOUTH FORUM

Sanuka FernandoNo Comment2020-08-27T06:00:02+00:00

The best quality is our selflessness when it comes to being caring and hospitable, which really came through during the coronavirus pandemic...

BOOKRACK

Sanuka Fernando 2020-08-27T05:55:36+00:00

While the derogatory Sinhala term ‘marakkalaya’ is familiar here in Sri Lanka, the origin of the word marakkala is hardly...

LIFESTYLE

Sanuka Fernando 2020-08-27T05:55:16+00:00

The evenings – I played the piano and my dad would sit down to listen, request a few songs...

THE ROVING DIPLOMAT

Sanuka Fernando 2020-08-27T05:50:39+00:00

The threat of a lightning hi-tech war strike against Iraq, which had overshadowed the international scene, appears to...

MEDIA RELEASES

UNILEVER SRI LANKA

Kasun Basuriya2020-09-22T13:17:43+00:00

Unilever Sri Lanka announces entry into Health Foods Drinks Includes Horlicks and Viva into its…...

MARINA SQUARE

Sanuka Fernando 2020-09-17T16:26:16+00:00

Marina Square - Uptown Colombo recently launched a completely revamped new website...

CSE

Sanuka Fernando 2020-09-17T15:11:08+00:00

Stock Market Digitalization Creates Convenience and Enhanced Market Accessibility for All Sri Lankans...

RAINCO

Sanuka Fernando 2020-09-17T13:04:12+00:00

Sri Lanka as a nation is being recognized for its efforts in curbing the COVID-19 outbreak...

FITCH RATINGS

Sanuka Fernando 2020-09-15T16:41:10+00:00

Fitch Ratings-Colombo-14 September 2020: Price competition among non-life insurers...

PRIME GROUP

Sanuka Fernando 2020-09-15T16:34:38+00:00

Colombo, September 15, 2020: Prime Group – the country’s leading real estate company and the only...

MSF

Sanuka Fernando 2020-09-15T14:01:32+00:00

The Marketing and Sales Forum (MSF) of the Insurance Association of Sri Lanka (IASL) is the key agent...

IASL

Sanuka Fernando 2020-09-15T00:24:35+00:00

IASL highlights benefits of insurance throughout the Insurance Month September was declared the Insurance Month…...

SAMPATH BANK-WSO2-CBL GROUP

Kasun Basuriya 2020-09-10T11:20:54+00:00

Sampath Bank, CBL Group and WSO2 donate PCR Lab to Colombo Army Hospital From left…...

UNICEF

Kasun Basuriya 2020-09-10T11:03:06+00:00

The Mayor of Batticaloa and UNICEF sign agreement to establish Sri Lanka’s first Child-Friendly Municipality…...

SLIM BRAND EXCELLENCE

Kasun Basuriya 2020-09-10T10:52:22+00:00

SLIM Brand Excellence submission deadlines close Sri Lanka’s only awards that recognize brands, the SLIM…...

IBM

Kasun Basuriya 2020-09-09T14:04:24+00:00

IBM OUTLINES CLOUD AND AI LED DIGITAL TRANSFORMATION STRATEGY FOR SRI LANKA Strengthens collaboration with…...

PARTNER NEWS

SLT

Sanuka Fernando2020-09-16T13:44:04+00:00

SLT & Mobitel partnered with Manusath Derana on a national level CSR project that aims to convert...

DIVI MAGA DINANA MAGA

Sanuka Fernando 2020-09-15T00:35:05+00:00

Change is inevitable. All what you can do is to face the change. “Who moved My Cheese...

BOC

Kasun Basuriya 2020-09-09T17:51:25+00:00

Bank of Ceylon Sponsors “Business Networking Forum” for expatriate India CEO’s in Sri Lanka Bank…...

SINGER

Kasun Basuriya 2020-09-09T17:16:06+00:00

Mitsubishi Heavy Industries recognises Singer Sri Lanka for outstanding performance Singer Sri Lanka PLC has…...

SLT

Sanuka Fernando 2020-09-07T17:06:38+00:00

Sri Lanka Telecom (SLT) together with its Mobile arm- Mobitel, opened the first regional flagship store...

SLT

Kasun Basuriya 2020-09-04T12:23:20+00:00

SLT Group to Improve Connectivity at the Lankagama-Neluwa Village Project will empower the village with…...

SINGER

Kasun Basuriya 2020-09-04T12:07:55+00:00

Singer partners with Malaysia’s Signature Group to introduce world’s leading Kitchen solutions to Sri Lanka…...

DFCC

Sanuka Fernando 2020-09-04T00:39:13+00:00

August 2020, Colombo Sri Lanka: Partnering with DFCC Bank as the Official Banking Partner, Prima Ceylon Limited recently announced “Prima Ran Piyawara”,...