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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
Sri Lanka’s GDP Growth at 5.5-pct in Q3 2024
Dec 17, 2024 · Sri Lanka has experienced a economic upturn, with the Gross Domestic Product (GDP) expanding by 5.5% in the third quarter of 2024 compared to the same period last year. The GDP for the third quarter of 2024 at constant price (2015) has increased up to Rs. 3,151,941 million from Rs. 2,987,544 mil
Sri Lanka Tourist Arrivals YoY Increased by 22-pct in November
Dec 17, 2024 · Sri Lanka's tourism sector continues to show strong recovery and growth, as evidenced by a 21.6% year-on-year increase in foreign tourist arrivals for November 2024. According to the Sri Lanka Tourism Development Authority, the number of tourists reached 184,158, compared to 151,496 in the same mont
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
Tender Announcement for Bandaranaike International Airport …
Sep 24, 2024 · Airport & Aviation Services (Sri Lanka) (Private) Limited (AASL) announced the tender for Bandaranaike International Airport Development Project Phase 2 (the BIA Project), which aims to accomplish the full scope of the Project funded by the JICA’s ODA loan by the end of 2027 to meet the growing passenger demand in Sri Lanka.
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
Sri Lanka Revises VAT Exemptions Starting 2024 (Complete List)
Dec 22, 2023 · The Inland Revenue Department of Sri Lanka has announced an update to the list of goods and services exempted from Value Added Tax (VAT) beginning January 1, 2024.
Sunshine Healthcare Lanka attracts USD 10Mn FDI from IFC
Oct 8, 2024 · IFC Senior Country Officer Victor Antonypillai, IFC Regional Director for South Asia Imad Fakhoury, Sunshine Holdings Group CEO Shyam Sathasivam, IFC Vice President for Asia Pacific Riccardo Puliti, Sunshine Holdings Deputy Vice Chairman Vish Govindasamy, IFC Sri Lanka and Maldives Country Manager A
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).
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,