LMD | Sri Lanka Business Magazine

WFP Statement

The awarding of the Nobel Peace Prize to the World Food Programme (WFP)

COVER STORY

BANKING SECTOR VIEWPOINTS THE FUNDING CLIMATE LMD takes stock of the banking sector in relation to COVID-19 and the outlook for the year ahead Sri Lanka’s banking sector – comprising…

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DIGITAL EDITIONS

Our latest publications now available for viewing in digital format

HAVE YOUR SAY

THE AIRPORT CATCH-22
What are the pros and cons of opening our airports?

BUSINESS SENTIMENT

Sri Lanka’s GDP is forecast to contract by 5.5 percent this year, according to a recent update

TRUMP MEMORABILIA

Sanuka Fernando2020-09-27T05:40:41+00:00

Every US president gets to have a library named after him. It’s a ‘library of things’...

THE BIG PICTURE

Sanuka Fernando 2020-09-24T06:00:56+00:00

President Gotabaya Rajapaksa’s solemn promise to the nation when he addressed the inauguration of the newly elected...

STATE OF THE NATION

Sanuka Fernando No Comment2020-09-24T05:55:19+00:00

There is a tide in the affairs of men, which taken at the flood, leads on to fortune. The immortal Bard of Avon penned that...

GOVERNANCE LACUNA

Sanuka Fernando 2020-09-24T05:50:00+00:00

Constitutional change was the leitmotif of the government’s campaign for a two-thirds majority. But in the history of constitutional...

US PRESIDENTIAL ELECTION

Sanuka FernandoNo Comment2020-09-24T06:00:47+00:00

The world usually takes note when Americans go to the polls to vote for a new president. This is because the outcome of domestic...

THE POLITICS OF COVID-19

Sanuka Fernando No Comment2020-09-24T05:55:50+00:00

COVID-19-like death is seen as a great leveller; but ironically, it appears to be hitting developed countries harder than...

TELECOM TECHNOLOGY

Sanuka Fernando 2020-09-24T05:50:19+00:00

A number of global telecom tech companies introduced foldable smartphones to the market last year – some offered a glimpse...

COVID MUSINGS

Sanuka Fernando 2020-09-23T20:15:30+00:00

In case you haven’t heard already, 60 is the new 80 – so slow down and do what you like rather than what you’re expected...

CORPORATE SECTOR

Sanuka Fernando2020-09-24T06:00:06+00:00

The Asian Development Bank (ADB) forecasts that the economic uncertainty caused by the COVID-19 pandemic will likely...

PACKAGING SECTOR

Sanuka Fernando No Comment2020-09-24T05:55:39+00:00

Many users of local packaging and exporters are pressed for cost optimisation, which translates into requests for price...

SUPPLY CHAIN

Sanuka Fernando No Comment2020-09-24T05:50:41+00:00

There was a major impact especially when China went into complete lockdown, causing total disruption among factories....

MARKETING PROFESSION

Sanuka Fernando 2020-09-24T05:45:43+00:00

In my experience, brand building forms the core of any organisation, be it a small business or large corporate. The brand must run in...

CLIMATE CRISIS

Sanuka Fernando2020-09-24T06:00:41+00:00

Climate change is the defining challenge of our time. The scientific data suggests its effects are occurring at an unprecedented rate...

MARINE TOURISM

Sanuka Fernando 2020-09-24T05:55:34+00:00

The Space and Underwater Tourism Universal Summit (SUTUS) will take place in Marbella, Spain, on 24 and 25 March next year...

THE WORLD ORDER

Sanuka Fernando No Comment2020-09-24T05:50:38+00:00

The polarised economies and global markets of today are burdened by the deepening consequences of COVID-19. High levels of income...

THE BUSINESS OF SPORT

Sanuka Fernando No Comment2020-09-24T05:45:41+00:00

Sport as a business or the business of sport is no longer a new concept, phenomenon or dirty little secret. But this does not...

CONSUMER TRENDS

Sanuka Fernando2020-09-24T06:00:31+00:00

Though many countries have reopened their markets, global consumers aren’t that optimistic and their expenditure is well below...

CORPORATE WELLBEING

Sanuka Fernando No Comment2020-09-24T05:55:41+00:00

Are you eating right and exercising but still not feeling great? The answer may be that you need to improve your wellbeing. So what is...

WORK-LIFE BALANCE

Sanuka Fernando 2020-09-24T05:50:45+00:00

Opening their illuminating Harvard Business Review (HBR) article titled Managing the High Intensity Workplace, Erin Reid and Lakshmi...

COLLABORATIVE MARKETING

Sanuka Fernando No Comment2020-09-24T05:45:02+00:00

Collaborative market-ing can bring benefits beyond that which money can buy; it involves partnering with other businesses or the media...

YOUTH FORUM

Sanuka FernandoNo Comment2020-09-24T06:00:13+00:00

Sri Lanka is a beautiful island with an abundance of natural resources and a prime geographical location. Its rich cultural heritage...

BOOKRACK

Sanuka Fernando 2020-09-24T05:55:15+00:00

Italian photographer and author Giovanna Silva seems to have decided in somewhat of a hurry to visit Sri Lanka, and click away while...

THE ROVING DIPLOMAT

Sanuka Fernando 2020-09-24T05:50:17+00:00

The world is suspended in breathless anxiety as it waits to see whether the US will launch an attack on Iraq – because it is a decision...

DIPLOMATIC MISSION

Sanuka Fernando 2020-09-24T05:45:20+00:00

Italy holds fast to its crown of being the heart and soul of Western civilisation, intertwining millennia old culture that shaped global politics...

UNION ASSURANCE

Sanuka Fernando2020-10-21T23:32:47+00:00

Union Assurance is honoured to announce its support to “Arakshawe Wagakeema Itukaramu” Campaign launched by Ministry of Health...

EMERGING MARKET

Sanuka Fernando 2020-10-20T22:33:29+00:00

Fitch Ratings-London-15 October 2020: Risks facing emerging markets (EM) remain heavily on the downside and further downgrades are likely over 2020 and 2021...

CENTRAL BANK OF SRI LANKA

Sanuka Fernando 2020-10-20T22:29:43+00:00

The Central Bank of Sri Lanka, as of 15th October 2020, approved 61,907 loan applications received from COVID-19 affected businesses...

BOSCH

Sanuka Fernando 2020-10-20T22:25:09+00:00

One of the largest Tier 1 automotive companies, Bosch Gmbh has acquired 26% stake in Bengaluru based battery service provider...

MiHCM

Sanuka Fernando 2020-10-20T22:14:44+00:00

COLOMBO, Sri Lanka — October 20, 2020 — MiHCM, a leading HR technology provider, today announced that it has won the 2020 Microsoft ISV Partner...

SLIC

Sanuka Fernando 2020-10-20T22:03:11+00:00

Colombo 20th October 2020: Sri Lanka Insurance has been certified by the SGS Lanka again to be compliant with the prestigious ISO 9001:2015 quality standard...

JEEP CLUB

Sanuka Fernando 2020-10-20T16:22:39+00:00

The Jeep Club of Sri Lanka (JCSL) recently concluded its 6th annual expedition, an event...

TRI-ZEN

Sanuka Fernando 2020-10-19T23:33:48+00:00

Through a milestone collaboration, Sri Lanka Telecom PLC (SLT) introduced to the country its first ever turnkey smart...

SLFPA

Sanuka Fernando 2020-10-19T23:30:10+00:00

Sri Lanka Food Processors Association (SLFPA) held its 23rd Annual General Meeting on 30th September 2020 at the ‘80 Club’ Independence Square...

LANKA SATHOSA

Sanuka Fernando 2020-10-19T23:26:13+00:00

Lanka Sathosa, the country’s largest retail network business, announced a host of senior leadership appointments to spearhead its ongoing transformation as...

CSE

Sanuka Fernando 2020-10-17T23:41:52+00:00

Following the successful completion of its second intake in 2019 the Advance Diploma in Financial Markets (ADFM)...

HIGH COMMISSION OF PAKISTAN

Sanuka Fernando 2020-10-17T23:39:49+00:00

H.E. Major General (Retd) Muhammad Saad Khattak, High Commissioner of Pakistan met with Honourable Minister of Industries of the Democratic Socialist Republic of Sri Lanka Mr. Wimal Weerawansa at his office, today 15th October, 2020....

PARTNER NEWS

HNB

Sanuka Fernando2020-10-13T23:32:14+00:00

Sri Lanka's leading private sector bank HNB PLC, announced an exclusive partnership with local real estate...

HNB

Sanuka Fernando 2020-10-13T23:24:10+00:00

Ramping up efforts to encourage a flourishing savings habits among young Sri Lankans...

NSB

Sanuka Fernando 2020-10-12T21:39:25+00:00

Mr. Ajith W Peiris assumed his duties as GM/CEO of National Savings Bank...

DFCC

Sanuka Fernando 2020-10-08T00:00:22+00:00

DFCC Bank recently announced a series of initiatives to celebrate its 65 years of service...

BOC

Sanuka Fernando 2020-10-06T11:33:21+00:00

A career banker who counts over 40 years of professional industry experience, Mr. D. P. K. Gunasekera...

SLT

Sanuka Fernando 2020-10-02T12:43:13+00:00

Sri Lanka Telecom (SLT) and Mobitel partnered with ‘Manusath Derana’ to help transform 25 decommissioned...

NSB

Sanuka Fernando 2020-09-29T00:25:31+00:00

National Savings Bank (NSB) has emerged victorious with many national and international accolades recently...

MOBITEL

Kasun Basuriya 2020-09-28T15:55:27+00:00

Mobitel Partners Fortumo to launch Direct Carrier Billing in Sri Lanka Bringing convenience to fingertips,…...

SLT

Sanuka Fernando 2020-09-16T13:44:04+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 organized a “Business Networking Forum” for expatriate India CEO’s in Sri Lanka...

SINGER

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

Singer Sri Lanka PLC has been commended for its exceptional sales performances...

OPINION POLLS

BUSINESS SENTIMENT

Sanuka Fernando2020-09-24T06:00:21+00:00

Sri Lanka’s GDP is forecast to contract by 5.5 percent this year, according to a recent update...

BURNING ISSUES

Sanuka Fernando 2020-09-24T05:55:48+00:00

The most pressing issue for business in Sri Lanka today continues to be the impact of the coronavirus with 79 percent...

THE ECONOMY

Sanuka Fernando 2020-09-24T05:50:55+00:00

“Sri Lanka’s external sector recovered further in July, supported by an increase...

CONSUMER CONFIDENCE

Sanuka Fernando 2020-09-24T05:45:57+00:00

...

ONLINE EXCLUSIVES

RUSSIAN – US CREW LAUNCH FAST TRACK TO SPACE STATION

Sanuka Fernando2020-10-23T21:28:37+00:00

(MOSCOW) — A trio of space travelers has launched successfully to the International Space Station, for the first time using a fast-track...

PROGRESS IN FIGHT AGAINST CHILD POVERTY COULD BE WIPED OUT BY COVID-19

Sanuka Fernando 2020-10-23T21:14:28+00:00

The world’s limited progress in tackling child poverty over recent years could be destroyed by the coronavirus pandemic...

GLOBAL STOCKS BIDE TIME AS USA ELECTION CAUTION TAKES WIND

Sanuka Fernando 2020-10-23T17:32:33+00:00

TOKYO (Reuters) - Global stocks barely budged on Friday as investors tightened positions with less...

ELON MUSK REVEALS MARS ‘ACID TEST’ FOR PLANET TO BE ENTIRELY SELF- SUFFICIENT

Sanuka Fernando 2020-10-22T17:10:46+00:00

...

30 MILLION FRONTLINE WORKERS TO FIRST RECEIVE COVID-19 VACCINE IN INDIA

Sanuka Fernando 2020-10-22T11:50:05+00:00

As the race for a COVID-19 vaccine continues around the world, India too is chalking out its strategies...

STUDY REVEALS MILLENNIALS GET LITTLE SATISFACTION FROM DEMOCRACY

Sanuka Fernando 2020-10-21T17:42:30+00:00

...

NEW ZEALAND TO ELECT A DIVERSE PARLIAMENT

Sanuka Fernando 2020-10-21T12:18:25+00:00

...

POMPEO TO VISIT SRI LANKA AND THE MALDIVES

Sanuka Fernando 2020-10-20T18:08:24+00:00

COLOMBO/MALE (Reuters) - U.S. Secretary of State Mike Pompeo will visit Sri Lanka...

ONLINE FEATURES

WFP Statement

Sanuka Fernando2020-10-09T23:49:32+00:00

The awarding of the Nobel Peace Prize to the World Food Programme (WFP)...

FITCH RATINGS

Sanuka Fernando 2020-10-02T12:07:41+00:00

...

WORLD BANK SUPPORTS SRI LANKA WITH $56 MILLION TO MITIGATE COVID-19 IMPACTS

Sanuka Fernando 2020-09-11T16:46:16+00:00

COLOMBO, September 10, 2020—The World Bank has reallocated...

UNICEF

Kasun Basuriya 2020-09-04T16:15:16+00:00

UNICEF to lead procurement and supply of COVID-19 vaccines in world’s largest and fastest ever…...

THE LIGHT AT THE END OF THE TUNNEL

Sanuka Fernando 2020-08-26T17:08:25+00:00

We are experiencing loss and anxiety at multiple levels, which could leave room for mental health issues including depression...

FITCH RATINGS

Sanuka Fernando 2020-08-06T17:35:24+00:00

...

WORLD BANK GROUP

Sanuka Fernando 2020-07-03T12:39:23+00:00

Chiyo Kanda is the World Bank’s new Country Manager for Sri Lanka...

FITCH RATINGS

Sanuka Fernando 2020-07-02T10:01:15+00:00

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