Tribute: Dinesh Schaffter (1971-2022)

December 20, 2022 (LBO) – There is a sadness that has permeated Sri Lanka’s business community and my circles of friends in the last few days, as we try and take stock of the untimely and horrific demise of Dinesh Schaffter. There is something missing in my soul these last few days as I remember […]

Death of Legendary Tennis Coach Nick Bollettieri (1931-2022)

December 6, 2022 (LBO) – Nick Bollettieri, perhaps the most important figure in the history of Tennis coaching, has passed away at age 91. Bollettieri was the one of the pioneers of the ‘tennis academy’ concept, where the best players in the world would come together and train as well as school in the same […]

Aruna Perera, CFA takes over CFA Society Sri Lanka reins

CFA Society Sri Lanka is part of the worldwide network of CFA Institute member societies that lead the investment profession globally. The Society announced the appointment of Aruna Perera, CFA as its 10th President at the AGM held virtually on Thursday, 10th November 2022. He takes the reins from Dinesh Warusavitharana, CFA. Aruna is a […]

With people rushing for Sri Lanka’s exit, is anyone coming back?

By Jekhan Aruliah In July 2022 the Sri Lanka Sunday Times reported “Pandemonium at passport office”, reporting people sleeping for days in queues waiting to get their papers stamped. The Ceylon Today newspaper reported in September 2022 that “About 2000 doctors have left so far this year due to the current economic crisis”. With so […]

Watch: Shehan Karunatilaka wins the Booker Prize

October 18, 2022 (LBO) – Shehan Karunatilaka has won the Booker Prize, one of most prestigious awards for literature in the world today. He is only the second Sri Lankan who has won the prize in its 53 year history, after world renown author Michael Ondaatje. Both are Old Thomians. After receiving the award from […]

NDB’s Privilege Partners with Quintessentially to Provide Exclusive Concierge Services

CAPTION: Nadie Fernando – NDB Chief Manager Product Development, Gihan Punchihewa – NDB Head of Privilege and Privilege Select Banking, Zeyan Hameed – NDB Vice President Branch Network Management and Product Development, Romesh Savanghan – Quintessentially General Manager  Sri Lanka & The Maldives, Dinuk Ratnayake, Head of Operations at Quintessentially and Avanti Bandara – NDB Senior Manager, Legal NDB […]

HERCapital by Hatch: Pioneering gender smart funding in Sri Lanka

Gender disparity within the entrepreneurial world is a globally prevalent problem, often stemming from the underrepresentation of women in the labour force and leadership positions. This imbalance in diversity is mainly seen in markets with no gender-smart funding, which makes gender a key component in their program. The lack of gender diversity at the firm […]

Tribute: Senior Corporate Personality Sega Nagendra (1939-2022)

March 1, 2022 (LBO) – They don’t make them like they used to anymore. Senior corporate personality Sega Nagendra passed away suddenly on 28th of February 2022. Sega Nagendra was a fixture on the Sri Lankan corporate circuit. Everyone seemed to know him, and there was always positivity when his name was mentioned.My interactions span […]

Diaspora investment in Mullaitivu, Mullai Milk Processing Industries

By Jekhan Aruliah Mr S.Thavaseelan, known as Seelan, was born in Kayts a town at the Northern end of Jaffna’s Velanai Island. His father, who delivered letters for the Ceylon Post Office, died when Seelan was 4 years old. He left the young family with a government pension which his mother supplemented doing other jobs. […]

SIR PONNAMBALAM ARUNACHALAM (1853-1924)

On the 98th Death Anniversary which falls on January 9, 2022 Compiled by Sega Nagendra and Suresh Murugaser, great grandchildren of Sir P. Arunachalam FAMILY Ponnambalam Arunachalam was the youngest Son of Gate Mudaliyar A. Ponnambalam. He was born on September 14, 1853, to a highly respected and a well-educated professional family originally from Manipay, […]

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