Lanka Business Online – Sri Lanka business and economy news as …
We pioneered Online Business Media properties in Sri lanka a decade back & are proud owners of the countries most respected Business media brands LBR, LBO available on a myriad of mediums ranging from Web, email, mobile, Online Videos, SMS & most unique LBR LBO C-level corporate forums held on-groun
President Appoints Hans Wijayasuriya as Chief Advisor on Digital ...
Nov 1, 2024 · President Anura Kumara Dissanayake has appointed Dr Hans Wijayasuriya as the Chief Advisor to the President on Digital Economy. President Dissanayake has espoused and reiterated a bold vision and personal commitment to elevate Sri Lanka’s digital economy to a level on par with the most advanced nations in the region, envisaging acceleration of economic growth, national competitiveness and ...
Sri Lanka Recognized as a Tier 2 – Advancing Country in the Global ...
Nov 20, 2024 · Sri Lanka has made significant strides in strengthening its cybersecurity landscape, positioning itself as a leader in the region. This progress is reflected in its recognition as an "Advancing" country in the Global Cybersecurity Index (GCI), which highlights its commitment to enhancing cybersecurity practices across multiple pillars.
Innovative Water Management Techniques Revolutionizing Paddy ...
Dec 10, 2024 · For centuries, rice has been the heartbeat of Sri Lankan agriculture, with over one million hectares of paddy fields cultivated annually, accounting for 37% of the country’s land use. But as climate change accelerates, the task of managing water resources, especially for paddy, has become ever more
Sampath Bank unveils its new “Vishwa” retail App
May 9, 2024 · Sampath Bank, a leading innovator in Sri Lanka's banking industry, proudly unveiled its revolutionary mobile application, Sampath Vishwa Retail. This progressive launch marks a significant milestone within the internet banking landscape, promising unparalleled convenience and accessibility to cu
CBL Global Foods and USAID join forces to transform Sri Lanka’s …
Sep 20, 2024 · CBL Global Foods Limited (CBL GFL), a key player in Sri Lanka’s agribusiness sector and a subsidiary of the CBL Group – one of the largest food conglomerates, has partnered with the United States Agency for International Development (USAID) to enhance the coconut industry through an initiative aimed at boosting productivity and market access for small and medium-scale farmers.
Sri Lanka smartphone market surges 218-pct in Q2 2024: IDC
Oct 9, 2024 · Sri Lanka’s market shipped 365 thousand units, with 218% YoY growth, showing a triple-digit growth trend for 5 consecutive quarters, market intelligence provider, the International Data Corporation (IDC) said. The quarter had been a celebration time for Sinhalese New Year, Vesak Poya, and Poson,
Evolving apparel industry models: Hela and Reebok’s partnership …
Oct 23, 2024 · Chief Executive Officer of Focus Brands, Ray Evans with Secretary General of the Joint Apparel Association Forum (JAAF), Yohan Lawrence. Hela Apparel Holdings PLC, the publicly-listed fashion conglomerate headquartered in Sri Lanka, recently announced an exclusive long-term partnership with Authentic Brands Group to design, manufacture, and sell Reebok-branded outerwear across the UK and Europe.
Sri Lanka’s Exports Surge by 18-pct in October 2024
Dec 3, 2024 · As per the provisional data released by the Sri Lanka Customs, the country's merchandise export performance in October 2024 reached an impressive US$ 1,097.1 million. This marks an 18.22% increase compared to October 2023, mainly driven by growth in the export of Apparel & Textiles, Tea, Rubber-
CEAT acquires CAMSO brand Off-Highway Tyres & Tracks …
Dec 6, 2024 · CEAT, an RPG company and Michelin, the global leader in tyres, announced today that they have entered into a definitive agreement for CEAT to acquire Camso brand’s Off-Highway construction equipment bias tyre and tracks business from Michelin in an all-cash deal valued at about $225 Mn (SLR 65 Bn).