LMD | Sri Lanka Business Magazine

COVER STORY

Aruni Wijewardane represents Sri Lanka at global fora, shaping diplomatic discourse with grace and expertise

Introducing LMD International

We are going #global🌍

BUSINESS SENTIMENT

Sri Lanka initiated the second review under the IMF’s Extended Fund Facility (EFF) framework, signifying a crucial step forward

HAVE YOUR SAY

THE TAX BURDEN
Is the prevailing tax regime equitable?

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DIGITAL EDITIONS

Our latest publications now available for viewing in digital format

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EDITORIALS

THE BIG PICTURE

Humaydh SariffodeenMarch 28, 2024No Comment2024-03-29T00:26:27+00:00

ELECTION FEVER! It is true that we should take solace from the fact that Sri Lanka’s economy bounced...

STATE OF THE NATION

Humaydh Sariffodeen March 28, 2024 2024-03-28T23:39:19+00:00

Last month, ‘March madness’ brought a brief relief from the hurly burly of corporate and political...

GEN Z PERSPECTIVES

Humaydh Sariffodeen March 28, 2024 2024-03-29T00:26:08+00:00

AI in the global healthcare sector experienced an unprecedented surge, reaching a value of some...

ONLINE PRIVACY

Humaydh Sariffodeen March 28, 2024 No Comment2024-03-29T00:26:47+00:00

Have you ever had a conversation or even thought about something… and a few hours later...

CURRENT AFFAIRS

US ELECTION

Humaydh SariffodeenMarch 28, 2024No Comment2024-03-29T00:27:08+00:00

It’s been only three years since former US president Donald Trump instigated a riot on 6 January...

SLOVAK UPRISING

Humaydh Sariffodeen March 28, 2024 No Comment2024-03-29T00:27:29+00:00

Slovaks recently rallied in over 30 towns and cities across Slovakia in their thousands in countrywide...

NEW FRONTIERS

Humaydh Sariffodeen March 28, 2024 2024-03-28T23:43:23+00:00

ECO FURNITURE As concerns about the environmental impact of traditional furniture material such...

TOMORROW’S WORLD

Humaydh Sariffodeen March 28, 2024 2024-03-28T23:41:08+00:00

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

BUSINESS FORUM

TEA INDUSTRY

Humaydh SariffodeenMarch 28, 2024No Comment2024-03-29T00:27:48+00:00

Sri Lanka’s tea industry continued to function throughout the COVID-19 pandemic and...

HUMAN RESOURCES

Humaydh Sariffodeen March 28, 2024 2024-03-28T23:47:53+00:00

Total rewards are driven by business needs and aimed at creating a high-performance culture, and...

STOCK MARKET

Humaydh Sariffodeen March 28, 2024 No Comment2024-03-28T23:46:47+00:00

If economic and political reforms are successful, and debt restructuring is fruitful, we may see foreign funds...

E-COMMERCE SECTOR

Humaydh Sariffodeen March 28, 2024 2024-03-28T23:48:04+00:00

E-commerce is impacting the global retail sector in several ways. Traditional bricks and mortar...

BUSINESS AFFAIRS

MONETARY POLICY

Humaydh SariffodeenMarch 28, 2024No Comment2024-03-29T00:28:20+00:00

The new Central Bank of Sri Lanka Act No. 16 of 2023 has introduced more insights into the...

SPECIAL ECONOMIC ZONES

Humaydh Sariffodeen March 28, 2024 2024-03-28T23:51:52+00:00

Special Economic Zones (SEZs) gained prominence in the early 1960s at a time when protectionism was the...

ETHICAL TOURISM

Humaydh Sariffodeen March 28, 2024 2024-03-28T23:52:01+00:00

AI is no longer a mere technological innovation; it has become a fundamental component of diverse...

WELLNESS TOURISM

Humaydh Sariffodeen March 28, 2024 No Comment2024-03-29T00:28:33+00:00

Holistic healthcare is gaining increasing importance in consumer decision making. Tourists expect...

MANAGEMENT DIGEST

DIGITAL MARKETING

Humaydh SariffodeenMarch 28, 2024No Comment2024-03-29T00:28:53+00:00

With the digital marketing sector predicted to reach US$ 807 billion by 2026, it has become a crucial...

BRAND BUILDING

Humaydh Sariffodeen March 28, 2024 2024-03-29T00:29:16+00:00

The disconnect between marketing and finance, which are the two primary verticals of an...

BUSINESS DEVELOPMENT

Humaydh Sariffodeen March 28, 2024 No Comment2024-03-29T00:00:53+00:00

Marketing poses numerous problems for many enterprises. Most brand and marketing managers focus too...

EMPLOYEE ENGAGEMENT

Humaydh Sariffodeen March 28, 2024 2024-03-29T00:01:02+00:00

Picture this scene: you are collaborating on a project with your team, and there’s excitement in...

TOP SHELF

THE WAY FORWARD

Humaydh SariffodeenMarch 28, 20242024-03-29T00:02:26+00:00

The economic situation in Sri Lanka has sparked intense debate with conflicting narratives surrounding...

SRI LANKANS OVERSEAS

Humaydh Sariffodeen March 28, 2024 No Comment2024-03-28T13:43:04+00:00

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

YOUTH FORUM

Humaydh Sariffodeen March 28, 2024 No Comment2024-03-29T00:02:42+00:00

The good in Sri Lanka is that its youth have proven to be passionate and driven. Following decades...

BOOKRACK

Humaydh Sariffodeen March 28, 2024 2024-04-04T13:04:47+00:00

It’s a time when Sri Lanka’s economy hangs in the balance, and corrupt politicians and top government officials are living...

MEDIA RELEASES

UNION ASSURANCE

Humaydh SariffodeenApril 25, 20242024-04-25T19:26:06+00:00

Union Assurance, Sri Lanka’s leading Bancassurance service provider, hosted Diamond Awards 2023 for the Union Bank...

OVERSEAS REALTY

Humaydh Sariffodeen April 25, 2024 2024-04-25T19:18:17+00:00

Overseas Realty (Ceylon) PLC recorded a Group Revenue of Rs 1,681 Mn and a Group Profit Before Tax of Rs 1,825 Mn for the...

ITC RATNADIPA

Humaydh Sariffodeen April 25, 2024 2024-04-25T18:43:19+00:00

ITC Limited’s wholly owned subsidiary WelcomHotels Lanka (Private) Limited has launched ITC Ratnadipa, a jewel in Colombo’s...

eVISA

Humaydh Sariffodeen April 24, 2024 2024-04-24T16:51:02+00:00

The newly launched www.srilankaevisa.lk platform significantly enhances Sri Lanka’s visa processing system by replacing the...

NINEWELLS HOSPITAL

Humaydh Sariffodeen April 24, 2024 2024-04-24T14:54:55+00:00

Ninewells Hospital, the premier women's and children's healthcare facility in Sri Lanka, is delighted to announce its...

CINNAMON LAKESIDE COLOMBO

Humaydh Sariffodeen April 24, 2024 2024-04-24T14:45:00+00:00

Cinnamon Lakeside Colombo proudly welcomes a new era of leadership with the appointment of Mr. Nazoomi Azhar as its new...

CLOÉ CAFÉ

Humaydh Sariffodeen April 22, 2024 2024-04-22T17:49:25+00:00

Cloé Café, an Australian-inspired haven for coffee enthusiasts and culinary connoisseurs, recently opened its flagship location at...

JOHN KEELLS PROPERTIES

Humaydh Sariffodeen April 22, 2024 2024-04-22T17:44:13+00:00

John Keells Properties partnered with Union Bank to offer flexible mortgage solutions for its ‘Viman’ Ja-Ela project. John Keells...

LANKA FIGHT LEAGUE LAUNCHED

Humaydh Sariffodeen April 22, 2024 2024-04-22T16:31:22+00:00

The sport of boxing received a major boost with the launch of the Lanka Fight League (LFL) in partnership with the Boxing...

ADITYA RESORTS

Humaydh Sariffodeen April 22, 2024 2024-04-22T16:29:24+00:00

Sitting on the pristine beaches of Rathgama in Southern Sri Lanka, minutes away from the historic port city of Galle and the...

AMANA BANK

Humaydh Sariffodeen April 22, 2024 2024-04-22T16:12:37+00:00

To mark World Water Day, Amana Bank partnered with the Environment Committee of the Faculty of Arts at the University of...

HUNAS HOLDINGS PLC AND BCC CORPORATION JAPAN

Humaydh Sariffodeen April 19, 2024 2024-04-19T20:43:30+00:00

Hunas Holdings PLC, a leading player in the investment and hospitality sector...

PARTNER NEWS

SEYLAN KEDELLA CONSTRUCTION

Humaydh SariffodeenApril 25, 20242024-04-25T19:10:15+00:00

The recently held Seylan Kedella Construction Expo 2024 came to a resounding conclusion, with several of the latest trends and...

DFCC JUNIOR

Humaydh Sariffodeen April 19, 2024 2024-04-19T20:46:54+00:00

DFCC Junior – the exciting children’s savings account from DFCC Bank – recently launched e-gift Vouchers as part of its benefits...

SEYLAN BANK

Humaydh Sariffodeen April 18, 2024 2024-04-18T13:13:27+00:00

Seylan Cards reaffirms its dedication to empowering customers through education by announcing its partnership with the...

DSI LAUNCHES

Tharindu Perera April 17, 2024 2024-04-17T19:22:14+00:00

Sri Lanka's leading footwear brand, DSI, has once again captivated the local market with the unveiling of its latest premium flip-flop range, 'Islander'...

DFCC BANK

Humaydh Sariffodeen April 16, 2024 2024-04-16T19:05:17+00:00

DFCC Bank successfully launches online acceptance of the leading card scheme, UnionPay International (UPI). The partnership...

DFCC BANK

Humaydh Sariffodeen April 16, 2024 2024-04-16T19:03:39+00:00

DFCC Bank, a pioneering financial institution that empowers women through financial inclusion, proudly supported the...

BANK OF CEYLON

Tharindu Perera April 10, 2024 2024-04-10T14:14:39+00:00

Sri Lanka recently witnessed a groundbreaking moment in its agricultural sector as the first 100 agriculture drones took flight at Sooriyawewa...

SRILANKAN AIRLINES

Tharindu Perera April 10, 2024 2024-04-10T13:43:57+00:00

SriLankan Airlines, the exclusive ground operator at Bandaranaike International Airport (BIA), has initiated a phased upgrade of airport ground...

DFCC

Humaydh Sariffodeen April 9, 2024 2024-04-09T13:54:20+00:00

Enjoy a flexible yet structured savings plan from DFCC Bank that helps you easily reach your financial goals. Designed to...

SEYLAN BANK

Humaydh Sariffodeen April 8, 2024 2024-04-08T21:17:59+00:00

Seylan Bank honoured its Mega Rewards customers at the Wedding Show 2024, marking a significant moment in its partnership...

CERTIS LANKA

Humaydh Sariffodeen April 5, 2024 2024-04-08T21:14:44+00:00

Certis Lanka, a pioneer in integrated security services, unveils its new brand identity as SITREK Group, marking a significant...

SAMPATHCARDS

Humaydh Sariffodeen April 5, 2024 2024-04-08T21:11:52+00:00

Avurudu is traditionally the most looked forward to holiday for most Sri Lankans and is celebrated across the country with...

OPINION POLLS

BUSINESS SENTIMENT

Humaydh SariffodeenMarch 28, 20242024-03-29T00:09:05+00:00

Sri Lanka initiated the second review under the IMF’s Extended Fund Facility (EFF) framework, signifying a crucial step forward...

BURNING ISSUES

Humaydh Sariffodeen March 28, 2024 2024-03-29T00:08:05+00:00

The latest LMD-PEPPERCUBE Business Confidence Index (BCI) survey reveals that inflation is the main concern for business – in...

THE ECONOMY

Humaydh Sariffodeen March 28, 2024 2024-03-29T00:08:37+00:00

Businesses continue to wrestle with a sense of uncertainty as in the past few months; and this time around too, there’s a sense...

THE COST OF LIVING

Humaydh Sariffodeen March 28, 2024 2024-03-29T00:08:59+00:00

The PepperCube Cost of Living Index (CLI) registered a fall in February in comparison to the preceding month – the first decline...

FINANCIAL PROFILES

MICROCOSM

Humaydh SariffodeenMarch 28, 20242024-03-28T08:44:07+00:00

The Ministry of Finance recently unveiled a government action plan crafted in response to the IMF’s Governance Diagnostic ...

KEY ECONOMIC DATA

Humaydh Sariffodeen March 28, 2024 2024-03-28T21:35:17+00:00

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SOCIAL PROGRESS INDEX

Humaydh Sariffodeen March 28, 2024 2024-03-28T21:39:52+00:00

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MOST VALUABLE BRANDS (2024)

Humaydh Sariffodeen March 28, 2024 2024-03-28T21:40:58+00:00

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ONLINE EXCLUSIVES

WORLD BANK UNVEILS NEW SCORECARD TO MEASURE ACCOUNTABILITY

Humaydh SariffodeenApril 18, 20242024-04-18T14:34:12+00:00

The World Bank Group unveiled a framework on Tuesday for measuring the results of its development work with 22 indicators...

OUTLOOK FOR THE GLOBAL ECONOMY AND POLICY PRIORITIES

Humaydh Sariffodeen April 15, 2024 2024-04-15T12:15:57+00:00

The 2020s: Turbulent, Tepid or Transformational? Policy Choices for a Weak Global Economy Speech by…...

HOPE AND ANGER IN GAZA AS TALKS TO STOP ISRAEL’S WAR RECONVENE

Kasun Basuriya April 10, 2024 2024-04-10T10:11:28+00:00

A Palestinian man carries his child on his shoulders past destroyed buildings in Khan Younis…...

INNOVATING FOR BETTER HEALTH, SAVING LIVES: SRI LANKA’S AMBULANCE STORY

Kasun Basuriya March 19, 2024 2024-03-19T10:23:10+00:00

Ambulance driving down a quiet road in Sri Lanka. Photo: 1990 Suwa Seriya World Bank…...

WETLAND CENTERS AND THE FIGHT AGAINST CLIMATE CHANGE

Humaydh Sariffodeen February 19, 2024 2024-02-19T08:02:33+00:00

Renowned naturalist Sir David Attenborough...

DAVOS 2024: A PRIMER ON THE GLOBAL ELITE GATHERING

Kasun Basuriya January 13, 2024 2024-01-13T23:00:17+00:00

The 54th World Economic Forum occurs next week against a complicated geopolitical and economic backdrop.…...

THESE 4 INNOVATORS ARE HELPING THE WORLD BREATHE FRESHER AIR

Humaydh Sariffodeen December 28, 2023 2023-12-28T17:51:02+00:00

Air quality is rapidly declining worldwide, exacerbated by the effects of global warming and causing serious health and environmental concerns...

RED SEA ATTACKS FORCE REROUTING OF VESSELS, DISRUPTING SUPPLY CHAINS

Humaydh Sariffodeen December 19, 2023 2023-12-19T09:27:39+00:00

DUBAI: Mounting attacks by the Iran-aligned Yemeni Houthi militant group on ships in the Red Sea are disrupting maritime trade as leading global freight...

ONLINE FEATURES

INTERNATIONAL DAY OF CARE AND SUPPORT

Humaydh SariffodeenOctober 30, 20232023-10-30T14:07:09+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...

GLOBALDATA

Tharindu Perera November 10, 2022 2022-11-10T19:49:32+00:00

“China’s reiteration of commitment towards the zero-tolerance of COVID-19 will continue to affect the supply chain and business activities...

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