LMD | Sri Lanka Business Magazine

Sri Lanka’s pioneering business magazine has turned 25!

HAVE YOUR SAY

THE TOURISM REVIVAL
Are the tourism authorities doing enough to revive the industry?

COVER STORY

THE SEARCH FOR INCLUSIVITY

BUSINESS SENTIMENT

INDEX REGAINS PRE-4/21 FOOTING

SHUTTER BUZZ

This week on ShutterBuzz we focus on the rise of civilian initiatives in Sri Lanka.

MOST RESPECTED

The award for Sri Lanka’s No. 3 Most Respected entity for 2019 is presented to MAS Holdings’ Chief Transformation Officer Suren Fernando (left) by LMD’s Sales Director Anil Boudewyn.

YOUTH FORUM

“With great power comes great responsibility but not everyone has the self-control to use it responsibly” – Minul Doluweera

EDITORIALS

THE BIG PICTURE

subra2019-09-01T06:05:48+00:00

“When corruption becomes a way of life, people consider robbery to be the new normal,” writes this magazine’s longstanding contributor Rajika Jayatilake...

THE PRESIDENCY

subra 3 Comments2019-09-01T05:00:13+00:00

The unpredictable manner in which President Maithripala Sirisena has been wielding power in the past year...

3 Comments

AVIATION INDUSTRY

subra 2019-09-01T04:00:22+00:00

Following the Easter Sunday terrorist attacks, the Civil Aviation Authority (CAA) of Sri Lanka announced that unmanned aerial vehicles and aircraft systems...

CAMERA DIPLOMACY

subra No Comment2019-09-01T03:08:54+00:00

When US President Donald Trump shakes hands with North Korean leader Kim Jong-un, it’s pure theatre. The...

CURRENT AFFAIRS

BREXIT IN THE BOGS

subraNo Comment2019-09-01T06:00:46+00:00

Alexander Boris de Pfeffel Johnson replaced Theresa May as Prime Minister of the UK on 23 July having garnered...

GRAFT IN GOVERNMENT

subra 2019-09-01T05:00:00+00:00

When corruption becomes a way of life, people consider robbery to be the new normal. As French economist and writer Claude-Frédéric Bastiat...

THE RULE OF LAW

subra 2019-09-01T04:00:50+00:00

Supremacy of the law is paramount to any society on which a state is founded. While the reasons for an increase in crime are complex, weaknesses ...

CHINA TODAY

subra 1 Comment2019-09-01T03:00:39+00:00

When I was first asked to write a brief about the Chinese economy for this column a couple of years ago, I referred to...

1 Comment

BUSINESS FORUM

DIVERSIFIED SECTOR

subra2019-09-01T06:00:42+00:00

A salient advantage of a diversified entity with an export business portfolio is that domestic economic conditions would have a lesser impact ...

MOTOR INDUSTRY

subra 2019-09-01T05:00:09+00:00

Over 99 percent of commercial vehicles and more than 90 percent of passenger vehicles are leased. When credit is tightened, it has a major impact...

FMCG SECTOR

subra No Comment2019-09-01T04:30:02+00:00

The changes in the sector are polarised and influenced by macroeconomic factors. Those who invested or innovated have ...

CORPORATE BANKING SECTOR

subra 2 Comments2019-09-01T04:00:02+00:00

State banks have a critical role to play in the national development agenda with clients comprising...

2 Comments

BUSINESS AFFAIRS

EXTERNAL ECONOMY

subra2019-09-01T06:00:19+00:00

Sri Lanka registered a current account surplus in the first quarter of this year. This was the first time in over a decade that the country realised ...

THE CAPITAL MARKET

subra 1 Comment2019-09-01T05:00:00+00:00

Unknown, unheralded and under-researched, because of perceptions of illiquidity and high risk, the Colombo Stock Exchange ...

1 Comment

AGRICULTURE SECTOR

subra No Comment2019-09-01T04:00:43+00:00

The global agriculture and food system is unsustainable in its current form. Farming practices cause environmental damage ...

CARBON NEUTRALITY

subra 2019-09-01T03:00:13+00:00

We live in an age of nonlinearity. Everything proceeds with speed, and there are no necessary and certain preconditions for...

MANAGEMENT PLUS

WORKPLACE WELLNESS

subra2019-09-01T06:00:07+00:00

As the line between work and life blurs, providing a robust suite of wellbeing programmes that are focussed on physical...

SALES STRATEGY

subra 3 Comments2019-09-01T05:00:49+00:00

Holding on to existing leads as well as retaining customers is vital today, not only in the case of B2C but B2B as well...

3 Comments

AUTHENTIC LEADERSHIP

subra No Comment2019-09-01T04:00:02+00:00

For decades, hundreds of business scholars have been poring over volumes of leadership and management literature...

PRODUCTIVITY HACKS

subra 2019-09-01T03:00:11+00:00

Do you often find yourself watching music videos from the 1990s, sorting through random photos or simply staring into space...

TOP SHELF

YOUTH FORUM

subra1 Comment2019-09-01T06:00:45+00:00

Despite the political situation that never fails to deliver a new twist every day, our country is underrated. Most would surmise that on a...

1 Comment

BOOKRACK

subra 2019-09-01T05:00:26+00:00

Philip Kotler is a household name among marketers and his book Marketing Management is one of the 50 best-selling guides for business...

THE ROVING DIPLOMAT

subra 2019-09-01T04:03:26+00:00

The recent G8 Summit in the Italian city of Genoa was marred by violent riots, which resulted in one death. The real cause of the agitation, which ...

DIPLOMATIC MISSION

subra 2019-09-01T03:00:19+00:00

The world’s largest democracy voted recently, resulting in a resounding win for the incumbent Narendra Modi. And his victory implies that ...

MEDIA RELEASES

THE CEYLON CHAMBER OF COMMERCE

subra2019-09-17T17:14:59+00:00

The Ceylon Chamber of Commerce launched the working draft of their 2020-25 Economic Acceleration Framework, at...

SEYLAN BANK

subra 2019-09-17T13:37:48+00:00

Strengthening its presence as one of the leading players in the payment card industry, Seylan Bank joined hands with LankaClear, the operator ...

IAM

subra 2019-09-17T13:35:03+00:00

The month of September sees the insurance industry celebrate National Insurance Day and the launch of Insurance Awareness Month. The industry comes...

THE CEYLON CHAMBER OF COMMERCE

subra 2019-09-12T13:45:44+00:00

An individual has suggested recently in the print media that there is intense, unhealthy and unethical competition resulting in low quality Cinnamon ...

SERENIA

subra 2019-09-12T10:10:35+00:00

Serenia Residences, a private collection of 47 beachfront residences focusing on unparalleled amenities and boutique hotel services, who together ...

MUNCHEE

subra 2019-09-12T10:01:48+00:00

Continuing its impeccable track record, Munchee, the flagship brand of Ceylon Biscuits Limited (CBL), showcased its supremacy once again by winning...

HUAWEI

subra 2019-09-11T11:22:36+00:00

HUAWEI, the largest telecom infrastructure maker in the world, has boasted the best battery life with all of its unique range of smartphones....

FACETS

subra 2019-09-11T11:17:03+00:00

For thousands of years, myths have been woven around the sparkling gems and the beautiful jewellery produced from the soil of Sri Lanka...

DISRUPT ASIA 2019

subra 2019-09-11T10:01:58+00:00

Disrupt Asia 2019, organized by the ICT Agency of Sri Lanka since 2016 and hailed as Sri Lanka’s premier Startup Conference and Innovation...

SEYLAN BANK

subra 2019-09-10T16:57:44+00:00

Sri Lanka is without a doubt one of the most spectacular landscapes in the world. It is home to pristine beaches, magnificent mountains, ancient cities...

CSE

subra 2019-09-10T11:23:50+00:00

The Colombo Stock Exchange (CSE) and the Securities and Exchange Commission of Sri Lanka (SEC) have continued to engage regional entrepreneurs ...

CSE

subra 2019-09-10T11:18:08+00:00

The Colombo Stock Exchange (CSE) in collaboration with the Global Reporting Initiative (GRI) will hold the first workshop of the Technical Series...

PARTNER NEWS

DIMO

subra2019-09-17T13:22:15+00:00

Diesel & Motor Engineering PLC (DIMO) has announced their partnership with world-renowned American power tools manufacturer, Stanley...

VISION CARE

subra 2019-09-12T10:39:43+00:00

Widening its footprint further afield, Sri Lanka’s leading eye care company, Vision Care, proudly unveiled its latest branch in Wattala recently...

SLT

subra 2019-09-12T10:26:42+00:00

Today, businesses have every reason to be concerned about the rising threats faced in the connected environment. Therefore, it is important for organizations ...

SINGER

subra 2019-09-11T10:36:48+00:00

The Singer Fashion Awards 2019, recognizing the efforts of fashion diploma students pursuing the course from the Singer Fashion Academy, held their...

SLT

subra 2019-09-11T10:03:49+00:00

Sri Lanka Telecom, the National ICT solutions provider in Sri Lanka, and Span Engineering (Private) Limited, leading professional in the field...

DFCC

subra 2019-09-10T10:59:46+00:00

DFCC Bank, one of Sri Lanka’s fully-fledged commercial banks in Sri Lanka, was recently recognized at the Global Sustainable Finance Awards 2019...

BOC

subra 2019-09-10T10:56:10+00:00

Water is life, a normal life cannot be sustained without clean water. It is a known fact that many parts of the North Central Province of the country face...

BOC

subra 2019-09-10T10:51:46+00:00

On part of assisting the improving forest cover up to 32% in Sri Lanka by the year 2020 on accord with the agreement made with the United Nations ...

SLT

subra 2019-09-06T10:51:01+00:00

SLT VisionCom (Pvt) Ltd, held its annual Awards Night recently at Galle Face Hotel, Colombo where the Senior Management created a notable experience ...

SLT

subra 2019-09-06T10:32:16+00:00

Sri Lanka Telecom PLC, the national information and communication technology solutions provider, has declared open eight new branches around...

SLT

subra 2019-09-05T11:54:35+00:00

Sri Lanka Telecom and Virtusa partner to raise customer experience to the…...

SINGER

subra 2019-09-05T10:50:26+00:00

Today we are living in a quick-changing advanced lifestyle. We tend to add valuable and appropriate things to our lives. As we gradually moving towards...

ONLINE EXCLUSIVES

NATIONAL FORUM

subra2019-09-17T17:10:24+00:00

The Sri Lanka Economic Summit, considered one of the most important economic events in the country and organised by the Ceylon Chamber of Commerce...

YOUTH ENGAGEMENT

Sachira De Silva 2019-09-16T14:18:47+00:00

The UN Resident Coordinator in Sri Lanka Hanaa Singer has urged Sri Lankan youth to take bold steps towards positive change in areas of climate...

BILATERAL COOPERATION

subra 2019-09-11T10:38:46+00:00

Sri Lanka has reiterated joint efforts to counter human smuggling operations from the island to Australia in the light of a recent escalation of the issue...

TOURISM INDUSTRY

Sachira De Silva 2019-09-09T15:17:22+00:00

Sri Lanka recorded a 28.3 percent year on year decline in tourist arrivals for August, according to data released by the Sri Lanka Tourism Development...

EXPORT TARGET

subra 2019-09-06T11:19:30+00:00

On the back of six percent growth in exports registered so far in 2019, Sri Lanka is expected to achieve an export income of US$ 28 billion next year...

BIZ FACILITATION

subra 2019-09-05T13:18:41+00:00

Discussions to set up a digital free trade zone may soon come into effect with the objective of helping small businesses and other exporters...

GLOBAL INDEX

subra 2019-09-04T17:00:51+00:00

The city of Colombo has experienced a downgrade in the Global Liveability Index 2019 due to the Easter Sunday terrorist attacks that occurred ...

WAR ON TERROR

subra 2019-09-03T17:25:42+00:00

The Global Community Engagement and Resilience Fund (GCERF) has stated a mission to assist Sri Lanka in combatting and preventing...

ONLINE FEATURES

FITCH RATINGS

subra2019-09-11T11:42:14+00:00

Fitch Ratings has affirmed Sri Lanka-based DFCC Bank PLC's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at...

FITCH RATINGS

subra 2019-09-11T11:39:29+00:00

Fitch Ratings has affirmed Commercial Bank of Ceylon PLC's (CB) National Long-Term Rating of 'AA(lka)'. The Outlook is Stable....

FITCH RATINGS

subra 2019-09-11T11:37:11+00:00

Fitch Ratings has affirmed Sri Lanka-based Hatton National Bank PLC's (HNB) National Long-Term Rating at 'AA-(lka)'. The Outlook is Stable...

FITCH RATINGS

subra 2019-09-11T11:11:57+00:00

Fitch Ratings has affirmed National Development Bank PLC's (NDB) National Long-Term Rating at 'A+(lka)'. The Outlook remains Negative...

FITCH RATINGS

subra 2019-09-11T11:05:38+00:00

Fitch Ratings (Lanka) Limited has affirmed the National Long-Term Rating of Sampath Bank PLC at 'A+(lka)'. The Outlook is Stable...

FITCH RATINGS

subra 2019-09-11T11:00:48+00:00

Fitch Ratings has affirmed the National Long-Term Rating on Seylan Bank PLC at 'A-(lka)'. The Outlook is Stable...

FITCH RATINGS

subra 2019-09-02T18:01:38+00:00

Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDR) of the following Sri Lanka-based banks: - National Savings Bank (NSB) at 'B'...

FITCH RATINGS

subra 2019-08-22T15:38:35+00:00

Fitch Ratings Lanka has assigned Hatton National Bank PLC's (HNB, AA-(lka)/Stable) proposed Sri Lanka rupee-denominated Basel III-compliant subordinated debentures...

September 2019
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