LMD | Sri Lanka Business Magazine

STATE OF THE NATION

Humaydh SariffodeenApril 28, 20252025-04-28T11:02:41+00:00

A raft of issues in national life came under scrutiny of late as the National People’s Power (NPP) government of less than a year...

THE BIG PICTURE

Humaydh Sariffodeen March 27, 2025 No Comment2025-03-27T15:26:14+00:00

THE BLAME GAME Our report card on the newly installed government’s first six months in power, based...

FISCAL STRATEGY

Humaydh Sariffodeen March 27, 2025 No Comment2025-03-27T15:25:29+00:00

Sri Lanka’s recent budget places the digital economy at the forefront of the country’s growth strategy...

STATE OF THE NATION

Tharindu Perera March 27, 2025 2025-03-27T14:41:25+00:00

April is a time of rest – with an embarrassment of holidays – and recreation, given the coming...

USAID FREEZE

Humaydh SariffodeenMarch 27, 2025No Comment2025-03-27T15:27:13+00:00

In an effort to provide civilian foreign aid and development assistance overseas, America...

USAID SUSPENSION

Humaydh Sariffodeen March 27, 2025 No Comment2025-03-27T15:27:28+00:00

The sudden suspension of the US government’s multibillion dollar foreign aid programme...

NEW FRONTIERS

Humaydh Sariffodeen March 27, 2025 2025-03-27T14:44:19+00:00

META SHIFT Meta ended its third party fact checking programme across Facebook, Instagram...

TOMORROW’S WORLD

Humaydh Sariffodeen March 27, 2025 2025-03-27T14:42:55+00:00

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

DIVERSIFIED SECTORS

Humaydh SariffodeenMarch 27, 2025No Comment2025-03-27T15:24:52+00:00

Sri Lanka’s economy has demonstrated remarkable resilience over the past year or so...

DIGITAL SECTOR

Humaydh Sariffodeen March 27, 2025 2025-03-27T14:47:41+00:00

The integration of artificial intelligence, cloud computing and the Internet of Things is...

TRANSITIONAL JUSTICE

Humaydh Sariffodeen March 27, 2025 No Comment2025-03-27T14:47:52+00:00

The government has promised to introduce a new constitution though no specific details are known...

LOGISTICS SECTOR

Humaydh Sariffodeen March 27, 2025 2025-03-27T14:48:02+00:00

The logistics landscape in Sri Lanka has undergone a dramatic transformation in recent years...

BUDGET 2025

Humaydh SariffodeenMarch 27, 20252025-03-27T14:49:38+00:00

The government’s maiden budget was delivered by President Anura Kumara Dissanayake in his...

THE GOLD RUSH

Humaydh Sariffodeen March 27, 2025 No Comment2025-03-27T15:26:36+00:00

The demand for gold, which is traditionally a hedge against instability, has reached record...

AGRICULTURE SECTOR

Humaydh Sariffodeen March 27, 2025 2025-04-10T09:02:11+00:00

As global populations grow and the demand for food increases, the agriculture sector faces untold pressure to improve...

INFLATION MILIEU

Humaydh Sariffodeen February 27, 2025 2025-02-28T00:44:56+00:00

Sri Lanka has been in deflation territory since September last year with headline inflation – based...

COMMUNITY ENGAGEMENT

Humaydh SariffodeenMarch 27, 20252025-03-27T15:23:47+00:00

For businesses, community engagement offers a path to create meaningful societal impact...

MARKETING STRATEGY

Humaydh Sariffodeen March 27, 2025 No Comment2025-03-27T15:25:51+00:00

Persuading consumers to embrace innovation is tough; and it will become tougher with...

DIGITAL MEDIA

Humaydh Sariffodeen March 27, 2025 2025-03-27T14:51:14+00:00

We live in an age where distinguishing between what is real and what’s not remains...

PERSONAL DEVELOPMENT

Humaydh Sariffodeen March 27, 2025 No Comment2025-03-27T14:51:23+00:00

“Resilience is about how you recharge; not how you endure,” declared Shawn Achor and...

SRI LANKANS OVERSEAS

Humaydh SariffodeenMarch 27, 2025No Comment2025-03-26T17:53:07+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 27, 2025 No Comment2025-03-27T14:52:34+00:00

These three aspects can be summarised in three words – viz. caring, carefree and careless...

COMMERCIAL CAPITAL

Humaydh Sariffodeen March 27, 2025 2025-04-04T11:17:34+00:00

Best known for its extraordinary glamour, Mumbai – formerly Bombay – is known worldwide as the epicentre of the Indian film industry. Over the last few...

LIFESTYLE

Humaydh Sariffodeen March 27, 2025 2025-04-05T09:25:28+00:00

There are too many people I would like to collaborate with but it will definitely be a charity initiative...

ROAR ADX

Humaydh SariffodeenApril 28, 20252025-04-28T17:32:34+00:00

Roar AdX, the Meta Advertising powerhouse of Roar Global, amplified Sri Lanka’s beauty sector on the regional stage last week...

PEOPLE’S INSURANCE PLC

Humaydh Sariffodeen April 28, 2025 2025-04-28T14:38:18+00:00

People's Insurance PLC is pleased to announce the appointment of Mr. Dulinda Perera as a Non-Executive, Non-Independent...

DFCC BANK

Humaydh Sariffodeen April 25, 2025 2025-04-28T17:38:23+00:00

DFCC Bank PLC reaffirmed its position as a trailblazer in Sri Lanka’s digital banking landscape by securing two Gold awards and...

HSBC

Humaydh Sariffodeen April 25, 2025 2025-04-28T17:05:53+00:00

HSBC Sri Lanka, in partnership with the Ministry of Education, the Sarvodaya Institute of Higher Learning (SIHL), and the...

OVERSEAS REALTY (CEYLON) PLC

Humaydh Sariffodeen April 25, 2025 2025-04-28T16:59:43+00:00

Overseas Realty (Ceylon) PLC recorded a Group Revenue of Rs 2,438 Mn and a Group Profit Before Tax of Rs 1,060 Mn for the 1st...

AMERICAN COLLEGE OF HIGHER EDUCATION

Humaydh Sariffodeen April 25, 2025 2025-04-28T16:48:08+00:00

The American College of Higher Education (ACHE), which has been offering American-style education in Sri Lanka for nearly 30...

EMIRATES

Humaydh Sariffodeen April 25, 2025 2025-04-28T16:31:41+00:00

As part of Autism Awareness month, several milestones have been achieved on Emirates’ journey to make travel more accessible...

SRI LANKA INSURANCE CORPORATION GENERAL LIMITED

Humaydh Sariffodeen April 25, 2025 2025-04-28T14:15:51+00:00

Sri Lanka Insurance Corporation General Limited (SLICGL) delivered an outstanding performance in 2024, reinforcing its strength...

PEOPLE’S INSURANCE “CALL & GO”

Humaydh Sariffodeen April 25, 2025 2025-04-28T13:26:14+00:00

People’s Insurance PLC continues to strengthen its unique “CALL & GO” facility, enhancing convenience for all its Motor...

CELEBRATING SUCCESS AT THE INTERNATIONAL GREEN AWARDS 2025

Humaydh Sariffodeen April 24, 2025 2025-04-24T11:40:35+00:00

We are proud to share that Agroventures Plantations Private Limited has received remarkable recognition for its significant...

THE VANILLA SHOP OPENING

Humaydh Sariffodeen April 24, 2025 2025-04-24T11:38:25+00:00

“The Vanilla Shop” Sri Lanka’s first premium Vanilla outlet was opened on 21st February 2025, at No. 253, Kaduwela Road...

FIRST CAPITAL HOLDINGS

Humaydh Sariffodeen April 23, 2025 2025-04-23T14:31:18+00:00

First Capital Holdings PLC, a subsidiary of JXG (Janashakthi Group), has been honoured as the Winner in the Investment Banking...

NATIONAL SAVINGS BANK

Humaydh SariffodeenApril 28, 20252025-04-28T13:40:33+00:00

National Savings Bank (NSB) takes pride in announcing the appointment of Mr. Ajith Akmeemana as the Chief Financial Officer...

THE BANK OF CEYLON (BOC)

Humaydh Sariffodeen April 25, 2025 2025-04-28T17:35:50+00:00

The Bank of Ceylon (BOC), Sri Lanka’s No. 1 Bank, reaffirmed its leadership in banking services by facilitating over Rs. 666 billion...

NDB BANK

Humaydh Sariffodeen April 25, 2025 2025-04-28T16:42:22+00:00

NDB Bank proudly partnered with Ananda College and Jaffna Hindu College, Colombo for their annual joint sports festival...

SEYLAN BANK

Humaydh Sariffodeen April 25, 2025 2025-04-28T14:19:39+00:00

Seylan Bank recorded a Profit before Income Tax (PBT) of LKR 4,199 Mn in Q1 2025, against LKR 3,704 Mn in Q1 2024...

JAT HOLDINGS

Humaydh Sariffodeen April 25, 2025 2025-04-28T14:11:26+00:00

JAT Holdings PLC has been named the Winner in the Manufacturing – Other Category at the prestigious Best Management...

JAT HOLDINGS

Humaydh Sariffodeen April 25, 2025 2025-04-28T14:07:52+00:00

JAT Holdings has revolutionised the way loyalty programmes serve daily wage-earning painters and carpenters - JAT’s key...

FITSAIR

Humaydh Sariffodeen April 25, 2025 2025-04-28T14:00:05+00:00

FitsAir, Sri Lanka’s first privately owned international airline and a leading low-cost carrier, is proud to announce the launch of...

PAN ASIA BANK

Humaydh Sariffodeen April 25, 2025 2025-04-28T13:50:42+00:00

At Pan Asia Bank, compassion is at the heart of progress. Through the ‘Bring a Smile 2025’ initiative, the bank reaffirmed its...

PAN ASIA BANK

Humaydh Sariffodeen April 25, 2025 2025-04-28T13:48:29+00:00

Pan Asia Bank proudly announced its outstanding performance at the Best Management Practices Company Awards 2025...

DFCC BANK

Humaydh Sariffodeen April 25, 2025 2025-04-28T13:45:36+00:00

DFCC Bank PLC proudly congratulates Anton Arumugam, Senior Vice President of Offshore Banking, Remittances & Business...

AMANA BANK

Humaydh Sariffodeen April 22, 2025 2025-04-22T15:52:06+00:00

Amana Bank has teamed up with MediHelp Hospitals to provide exclusive healthcare benefits to its valued debit card holders. This...

DIMO

Humaydh Sariffodeen April 22, 2025 2025-04-22T15:42:13+00:00

DIMO, the sole authorized general distributor of Tata Motors in Sri Lanka, has successfully completed the first large-scale fleet...

BUSINESS SENTIMENT

Humaydh SariffodeenMarch 27, 20252025-03-27T14:37:05+00:00

The IMF recently approved the highly anticipated disbursement of US$ 334 million – the fourth tranche under...

BURNING ISSUES

Humaydh Sariffodeen March 27, 2025 2025-03-27T14:37:17+00:00

The tax regime remains a major business concern, adding to the burning issues facing the corporate...

THE ECONOMY

Humaydh Sariffodeen March 27, 2025 2025-03-27T14:37:30+00:00

There’s been a ground swell surrounding the economic outlook among businesspeople with the...

THE COST OF LIVING

Humaydh Sariffodeen March 27, 2025 2025-03-27T14:37:42+00:00

The PepperCube Cost of Living Index (CLI) rose in February, following a slight decline in the previous...

MICROCOSM

Humaydh SariffodeenMarch 27, 20252025-03-27T14:54:26+00:00

The IMF’s Executive Board completed its third review under Sri Lanka’s 48 month Extended Fund Facility...

KEY ECONOMIC DATA

Humaydh Sariffodeen March 27, 2025 2025-03-27T14:33:53+00:00

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GLOBAL TRENDS

Humaydh Sariffodeen March 27, 2025 2025-03-27T14:32:03+00:00

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COST OF LIVING INDEX

Humaydh Sariffodeen March 27, 2025 2025-03-26T19:11:29+00:00

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GLOBAL GROWTH IS EXPECTED TO DECLINE AND DOWNSIDE RISKS TO INTENSIFY AS MAJOR POLICY SHIFTS UNFOLD

Humaydh SariffodeenApril 23, 20252025-04-23T16:07:30+00:00

After enduring a prolonged and unprecedented series of shocks, the global economy appeared to have stabilized, with steady...

WHO WILL BE THE NEXT POPE? HERE ARE SOME OF THE CONTENDERS

Humaydh Sariffodeen April 23, 2025 2025-04-23T08:16:06+00:00

Dust off the history books and there are papal conclaves with international intrigue, royal rigging and even riots, a checkered past...

DAVOS GATHERING FOUNDER KLAUS SCHWAB QUITS AS WORLD ECONOMIC FORUM CHAIR

Kasun Basuriya April 21, 2025 2025-04-21T22:06:56+00:00

World Economic Forum (WEF) Founder and Chairman Klaus Schwab gives his welcoming remarks at the…...

POPE FRANCIS, EVERYMAN LEADER OF THE ROMAN CATHOLIC CHURCH, DIES AT 88

Kasun Basuriya April 21, 2025 2025-04-21T21:49:59+00:00

abc7 - Monday, April 21 VATICAN CITY -- Pope Francis, whose time as head of the…...

PEOPLE ‘GETTING A LITTLE BIT YIPPY’: TRUMP’S PAUSE ON TARIFFS AND WHAT HAPPENS IN 90 DAYS

Humaydh Sariffodeen April 10, 2025 2025-04-10T18:10:00+00:00

For weeks, President Donald Trump has plowed ahead with plans to impose steep new tariffs on imports despite warnings that the...

TRUMP TARIFFS ARE “NEGOTIATING STRATEGY,” TREASURY CHIEF SCOTT BESSENT SUGGESTS AS PAUSE ANNOUNCED

Kasun Basuriya April 10, 2025 2025-04-10T07:40:44+00:00

The sweeping tariffs President Trump announced last week were a "negotiating strategy," Treasury Secretary Scott Bessent suggested Wednesday as the president announced a 90-day pause on most of those tariffs....

DONALD TRUMP’S TARIFFS IN BRIEF: UNIVERSAL LEVIES AND TARGETED RETALIATION

Humaydh Sariffodeen April 5, 2025 2025-04-05T09:14:04+00:00

Donald Trump announced sweeping new tariffs on US imports on Wednesday, taking the global economy into a new era of trade competition...

STATEMENT BY IMF MANAGING DIRECTOR KRISTALINA GEORGIEVA

Humaydh Sariffodeen April 5, 2025 2025-04-05T08:31:33+00:00

Washington, DC: Today, IMF Managing Director Kristalina Georgieva issued the following statement on yesterday’s announcement…...

ONLINE FEATURES

A DRIVE TO UPLIFT GENERATIONS

Humaydh SariffodeenApril 23, 20252025-04-23T13:13:28+00:00

On the 4th of April 2025, I had the privilege to return to a place that had left a profound mark on my heart, Jana Jaya school in...

INSPIRING HOPE

Humaydh Sariffodeen September 27, 2024 2024-09-27T17:44:45+00:00

During my school holidays, I decided to volunteer with a Sri Lankan non-profit organization based in Moratuwa. I had the...

INTERNATIONAL DAY OF CARE AND SUPPORT

Humaydh Sariffodeen October 30, 2023 2023-10-30T14:07:09+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...

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