LMD | Sri Lanka Business Magazine

HAVE YOUR SAY

THE PRESIDENTIAL ELECTION

COVER STORY

WHY HUMAN CAPITAL AND AI LED TECHNOLOGY ARE THE NEEDS OF THE HOUR

NATIONAL RENEWAL

THE CALL FOR A UNITED SRI LANKA

BUSINESS SENTIMENT

THE INDEX CONTINUES TO TUMBLE

SHUTTER BUZZ

2019 CRICKET WORLD CUP

LIONS OF SRILANKA

www.lionsofsl.lk

FITCH RATINGS

Sri Lankan Small and Mid-Sized Banks

EDITORIALS

THE BIG PICTURE

subraNo Comment2019-06-01T06:00:37+00:00

A highly respected businessman who has made a habit of calling a spade a spade over the decades wrote in a Guest Column in...

COUNTERTERRORISM STRATEGY

subra 2019-06-01T03:00:04+00:00

The sudden deterioration of Sri Lanka’s security situation has come as a shock to citizens as well as the international community...

TOURISM REVIVAL

subra 2019-06-01T02:05:45+00:00

Sri Lanka’s tourism industry is reeling from the effects of the Easter Sunday attacks, which targeted several places of worship as well as prominent hotels...

FAKING IT ON FACEBOOK

subra 4 Comments2019-06-01T01:09:06+00:00

I’ve had it with Facebook! In March, I decided to quit the first social network I joined in July 2007, and my main reasons revolved ...

4 Comments

CURRENT AFFAIRS

INDIA GENERAL ELECTION

subra2019-06-01T06:15:33+00:00

Of the 600 million Indians in 29 states and seven union territories who cast their ballot at the recently concluded general election, 43.9 percent returned...

EASTER SUNDAY AFTERMATH

subra 2 Comments2019-06-01T05:00:24+00:00

Sri Lanka hardly rings a bell unless you’re travelling in the region. People will nod their heads...

2 Comments

ANTICORRUPTION VICTOR

subra 2019-06-01T04:27:26+00:00

People tolerate corrupt politicians until they resort to unacceptably outrageous actions like killing journalists who uncover corruption...

THE EU TODAY

subra 1 Comment2019-06-01T01:30:52+00:00

Formed in 1957 as the European Economic Community (EEC) and including six countries (i.e. Belgium, France, Italy...

1 Comment

BUSINESS FORUM

FINANCIAL SERVICES INDUSTRY

subra2019-06-01T06:50:55+00:00

Having enjoyed consistent year on year growth for almost a decade, the financial services industry slowed down considerably in 2018...

CORPORATE SOCIAL RESPONSIBILITY

subra 2019-06-01T04:43:11+00:00

Historically, it was developed for organisations to do social good and improve societal conditions, while fulfilling the primary ...

LEGAL PROFESSION

subra 1 Comment2019-06-01T03:45:13+00:00

The most evident change is the increased number of legal professionals. This is mainly due to greater access to legal education...

1 Comment

PUBLIC RELATIONS

subra 1 Comment2019-06-01T03:15:47+00:00

Integration and engagement with all stakeholders through the use of multiple platforms – i.e. social media, forums, partnerships...

1 Comment

BUSINESS AFFAIRS

MACRO OUTLOOK

subra2019-06-01T05:42:35+00:00

The Easter Sunday terrorist attacks in Sri Lanka marked a sad and shocking event in the history of our country, which was only weeks away from celebrating...

REAL ESTATE SECTOR

subra No Comment2019-06-01T04:30:50+00:00

For those who gaze in awe at Colombo’s rapidly changing skyline, stroll past the glittering shopping malls and step into plush ...

THE ENVIRONMENT

subra 1 Comment2019-06-01T02:19:22+00:00

Over half the planet’s species are found in tropical forests including those of Sri Lanka. The humid tropical forest environment is ...

1 Comment

NETWORK EFFECTS

subra 2019-06-01T01:01:44+00:00

Network effects became apparent as both a concept and business strategy in the 20th century. Defined as the value that users derive from increased ...

MANAGEMENT PLUS

CORPORATE TRAINING

subra2019-06-01T06:32:42+00:00

Throughout their evolution, humans have attempted to upgrade their knowledge, skills, competencies and attitudes, for their survival and growth...

WORKPLACE PRODUCTIVITY

subra 1 Comment2019-06-01T05:40:11+00:00

How many hours a day do you spend at work – seven, nine or more? With the ...

1 Comment

COMPETITIVE ADVANTAGES

subra 4 Comments2019-06-01T02:04:50+00:00

Businesses achieve success when a differentiated value proposition is offered to selected customer segments using unique value ...

4 Comments

EDUCATING SRI LANKA

subra 2019-06-01T01:55:10+00:00

Principals in the 1940s and ’50s needed something that is useful to occupy scores of restless pupils once they had reached that difficult age of 13...

TOP SHELF

YOUTH FORUM

subra46 Comments2019-06-01T08:00:58+00:00

Being recognised as the long-lost Garden of Eden and becoming one of the world’s top biodiversity hotspots is good. However, Sri Lanka’s ...

46 Comments

THE ROVING DIPLOMAT

subra 2019-06-01T03:00:10+00:00

The confrontation between China and the US regarding Taiwan is bringing relations between the two countries to the brink of a precipice...

BOOKRACK

subra 2019-06-01T02:04:52+00:00

“Our lawyers are like Arabs; they live on dates.” This is a popular joke in the legal fraternity and upon reading The Secret Barrister, one realises it’s a universal phenomenon...

DIPLOMATIC MISSION

subra 2019-06-01T02:00:50+00:00

It is home to the Niagara Falls, historic city of Vieux-Québec, most photographed Moraine Lake, polar bears and the world’s best maple syrup...

MEDIA RELEASES

AIA NEW CEO

Sachira De Silva2019-06-24T10:48:30+00:00

AIA Insurance Lanka today announced the appointment of Nikhil Advani as its new Chief Executive Officer. The appointment will be effective 01 July 2019...

AIA

Sachira De Silva 2019-06-24T10:42:13+00:00

AIA Insurance Lanka, the leader in pensions, life and health insurance, has partnered, Sri Lanka’s leading telemedicine provider, oDoc, to...

LAUGFS

Sachira De Silva 2019-06-24T10:29:25+00:00

LAUGFS Eco Sri, a pioneer in air quality management in Sri Lanka supported the reforestation efforts of the Wilpattu Nature Reserve in the North East...

HIGH COMMISSION OF INDIA

Sachira De Silva 2019-06-24T10:18:44+00:00

The Emergency Ambulance Service was launched in the Eastern Province in a special ceremony held on 23June 2019 in Ampara. Hon. Daya Gamage...

WIJAYA PRODUCTS

subra 2019-06-21T09:56:19+00:00

Wijaya Products is a household name in Sri Lanka for its range of spices and condiments along with a variety of other food products...

THAIFEX 2019

subra 2019-06-21T09:46:24+00:00

Governor of the Tourism Authority of Thailand accompanied by a group of outbound travel agents and journalists is to visit Sri Lanka shortly...

TEEJAY

subra 2019-06-20T09:49:26+00:00

Twenty apparel collections created by final year fashion design students of the University of Moratuwa (UoM) illuminated the catwalk with fascinating styles...

SAMSUNG

subra 2019-06-20T09:41:31+00:00

Driven by the simple but profound goal of creating meaningful innovation, Samsung has pushed the limits of mobile technology and set the ...

MT LAVINIA HOTEL

subra 2019-06-19T09:40:19+00:00

The role a father plays in his children’s life is immeasurable. Look back on the number of times those caring and loving arms has been a source ...

HUTCH

subra 2019-06-19T09:37:42+00:00

HUTCH, Sri Lanka’s fastest growing mobile telecommunications provider announced free live streaming and an exciting free data promotion...

HUAWEI

subra 2019-06-18T11:20:15+00:00

The Huawei Y series saw exciting new additions to their array of smartphones earlier this year. One of their innovations is the Latest Huawei Y5 2019...

ECHANNELLING

subra 2019-06-18T11:12:02+00:00

eChannelling, the largest Doctor Channeling Network in Sri Lanka, has launched the Chatbot for the first time in Sri Lanka’s healthcare industry....

PARTNER NEWS

BOC

Sachira De Silva2019-06-24T10:38:14+00:00

In response to the urgent need of building a Cardiac and Critical Care Complex at the Lady Ridgeway hospital centre for children, the Bank of Ceylon together...

IFS

subra 2019-06-19T09:30:56+00:00

The inaugural IFS TechTalk was recently held at the Galle Face Hotel Colombo under the theme “Rethink, Redefine, Recreate...

SLT

subra 2019-06-18T10:00:47+00:00

Marking another significant milestone in the journey of the nation's ICT solutions provider Sri Lanka Telecom PLC, the National Digital Roadmap...

SLT

webadmin-lmd 2019-06-14T10:28:19+00:00

National telecommunication provider Sri Lanka Telecom marks a special milestone in the country’s digital journey towards SMART Sri Lanka with the formal launch...

SLT

webadmin-lmd 2019-06-13T10:02:20+00:00

Sri Lanka Telecom (SLT), the leading ICT and digital solutions provider in the country was proud to announce the company’s recent tie up with work.lk...

MOBITEL

webadmin-lmd 2019-06-12T11:00:05+00:00

Mobitel (Pvt) Ltd, the National Mobile Service Provider in Sri Lanka successfully reached the highest mobile 5G speeds for the first ...

MOBITEL

webadmin-lmd 2019-06-12T10:21:51+00:00

Mobitel, Sri Lanka’s National Mobile Service Provider, has joined hands with M3Force to launch the largest Monitoring and Response (MnR) Center in Sri Lanka,...

HAFELE

webadmin-lmd 2019-06-11T12:02:10+00:00

Häfele houses a comprehensive range of Sliding Systems under its SLIDO range for every imaginable indoor and outdoor application...

DFCC

subra 2019-06-10T11:53:55+00:00

DFCC Bank is in tune with its responsibility to the environment, taking the lead in environmental initiatives and continues to embrace sustainable practices...

SLBPA

subra 2019-06-07T10:28:14+00:00

A delegation of the Sri Lanka Book Publishers’ Association (SLBPA) met Malcolm Cardinal Ranjith, Archbishop of Colombo last week...

MOUNT LAVINIA HOTEL

subra 2019-06-06T11:00:45+00:00

A mother is a woman of wisdom, a great strength and a safe haven to her children. Celebrating Mother’s day is a time when the world comes...

MOUNT LAVINIA HOTEL

subra 2019-06-06T10:00:24+00:00

Mount Lavinia Hotel received the TripAdvisor Certificate of Excellence for 2019. The achievement celebrates and acknowledges businesses ...

ONLINE EXCLUSIVES

CONSTITUTIONAL REFORM

Sachira De Silva2019-06-24T14:45:19+00:00

President Maithripala Sirisena has said the 19th Amendment to the Constitution should be abolished to establish good governance and ensure democracy in the future...

BIODIVERSITY MANAGEMENT

Sachira De Silva 2019-06-21T11:52:30+00:00

The findings of the ‘Road Map for Sustainable Finance in Sri Lanka’ report indicate that the nation must invest Rs. 30 million over the next five years...

SPACE EXPLORATION

subra 2019-06-18T12:03:58+00:00

Sri Lanka’s first satellite, Raavana 1, was launched into orbit recently from the International Space Station (ISS) along with two other Bispectral...

REGIONAL COOPERATION

subra 2019-06-17T11:29:32+00:00

President Maithripala Sirisena attended the 5th Conference on Interaction and Confidence Building Measures in Asia (CICA) where he...

INVESTMENT AGREEMENT

subra 2019-06-14T12:31:09+00:00

Putus Brother’s Sustainable Developments signed an agreement with the Board of Investment (BOI) of Sri Lanka to construct and operate...

TOURISM TRADE

subra 2019-06-13T15:01:58+00:00

Tourist arrivals to Sri Lanka have gradually started to pick up following the Easter Sunday attacks that took place in April....

GLOBAL FORUM

webadmin-lmd 2019-06-11T11:04:33+00:00

The inaugural session of the UN-Habitat Assembly (UNHA) took place in Nairobi, Kenya, last month where Sri Lanka was ...

NATIONAL DEVELOPMENT

subra 2019-06-10T11:14:08+00:00

The IBRD will provide credit facilities to Sri Lanka in the first phase of a project aimed at mitigating the risks caused by adverse weather patterns...

ONLINE FEATURES

FITCH RATINGS

Sachira De Silva2019-06-24T14:55:27+00:00

Fitch Ratings-Hong Kong-24 June 2019: Fitch Ratings has assigned Sri Lanka's forthcoming US dollar bonds an expected rating of 'B(EXP)'....

FITCH RATINGS

Sachira De Silva 2019-06-24T14:34:37+00:00

Sri Lankan Small and Mid-Sized Banks...

FITCH RATINGS

subra 2019-06-18T18:05:49+00:00

Fitch Ratings has affirmed Sri Lanka-based Sunshine Holdings PLC's National Long-Term Rating at 'A-(lka)'. The Outlook is Stable.The affirmation reflects the company's...

FITCH RATINGS

Sachira De Silva 2019-06-18T17:34:57+00:00

Fitch Ratings has assigned Siyapatha Finance PLC's (A-(lka)/Stable) proposed subordinated unsecured debentures an expected National...

POSITIVE SRI LANKA

Sachira De Silva 2019-06-18T11:29:24+00:00

SRI LANKAN’S ARE FEELING VERY INSECURE TODAY, INSECURITY BREEDS FEAR AND FEAR PARALYSES PROGRESS....

FITCH RATINGS

subra 2019-06-04T19:20:14+00:00

Fitch Ratings has upgraded Sri Lanka InsuranceCorporation Limited's (SLIC) Insurer Financial Strength (IFS) Rating to 'B+' from 'B'. The Outlook is Stable...

FITCH RATINGS

Sachira De Silva 2019-05-24T13:29:37+00:00

Fitch Ratings Lanka has upgraded the National Long-Term Ratings of Union Bank of Colombo PLC (UB) to 'BBB-(lka)' from 'BB+(lka)'...

FITCH RATINGS

Sachira De Silva 2019-05-22T12:49:16+00:00

Fitch Ratings has affirmed Sri Lanka-based conglomerate Richard Pieris & Company PLC's (RICH) National Long-Term Rating at 'A(lka)' with...

June 2019
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