Tag: lbo
Cinnamon Life and John Keells Foundation present La Bamba – The song of Veracruz
Cinnamon Life, in collaboration with John Keells Foundation (JKF) and in association with Nations Trust Bank (NTB), announced the stagingof the West End–licensed musical La Bamba! The Song of Veracruz at a press conference held on 5 February 2026 at Cinnamon Life, City of Dreams, Colombo. The musical theatre production will be performed at Cinnamon […]
ADB appoints Shannon Cowlin as new country director for Sri Lanka
The Asian Development Bank (ADB) has appointed Shannon Cowlin as its new Country Director for Sri Lanka. She has assumed office in Colombo today. “I am honored to be appointed Country Director of ADB’s Sri Lanka Resident Mission,” Ms. Cowlin said. “For many years, ADB has been a trusted partner of Sri Lanka, supporting the […]
LANKATILES expands Southern footprint with second showroom in Galle
Sri Lanka’s leading tile manufacturer, LANKATILES, proudly announces the grand opening of its 58th showroom and second in the Galle located at No. 145, Matara Road, Pettigala Watta, Galle. This latest addition marks a significant milestone in LANKATILES’ continued journey of design excellence, innovation, and trusted service built over more than five decades. Inspired by […]
New leadership at SLCGE pledges policy advocacy to strengthen SME apparel exports
TheSri Lanka Chamber of Garment Exporters (SLCGE)held its28th Annual General Meeting (AGM) in Colombo, marking a significant leadership transition and signalling a renewed policy-driven focus on enhancing the competitiveness of Sri Lanka’s small and medium-scale apparel exporters. A key highlight of the AGM was the conclusion of Mr. Bandula Fernando’s distinguished 13-year tenure as President […]
Sri Lanka Chamber of the Pharmaceutical Industry donates Rs. 50 million to ‘Rebuilding Sri Lanka’ Fund
The Sri Lanka Chamber of the Pharmaceutical Industry (SLCPI) today announced a Rs. 50 million donation to the Government’s ‘Rebuilding Sri Lanka’ Fund, established to support national recovery efforts following the recent disaster. The financial contribution was formally presented by the SLCPI Executive Committee to the Minister of Health and Mass Media, Dr. Nalinda Jayatissa, […]
Rising climate risks and poverty in focus at CEPA policy panel today, Open University
The Centre for Poverty Analysis (CEPA), in collaboration with the Centre for Environmental Studies and Sustainable Development of the Open University of Sri Lanka, will host a high-level policy panel titled “Facing the Future: Environmental Disastersand Poverty in Sri Lanka”on 26 January 2026, from 3.30 p.m. to 6.00 p.m., at the Auditorium of the Faculty […]
CBL Group acquires Indonesian coconut processor in USD 25m expansion push
CBL Group, one of Sri Lanka’s largest diversified food manufacturing conglomerates, announced the strategic acquisition of PT Tri Jaya Tangguh Indonesia (TJT), a large coconut processing facility, with an investment of over USD 25 million. TJT has a workforce of over 800 employees. The investment was supported by the International Finance Corporation (IFC), a member […]
Softlogic Life secures long-term growth capital from Norfund and OP Finnfund
Sri Lanka’s top notch insurer Softlogic Life Insurance PLC has secured a USD 15Mn landmark 5-year Tier 2 loan facility from Norfund and OP Finnfund Global Impact Fund I, that will be the initial part and set the next phase of growth for the immensely successful life insurer that has established itself as the industry […]
Lion Brewery reaffirms commitment to flood resilience and community support in Biyagama
Lion Brewery (Ceylon) PLC (Lion) reaffirmed its commitment to strengthening community partnerships through its flood response efforts and ongoing work to build long-term flood resilience and community support in Biyagama, home to the Company’s core operations. During the recent floods along the Kelani River, Lion supported the Biyagama community throughout the emergency response and recovery […]
Management committee of ‘Rebuilding Sri Lanka’ fund appointed with reps from public and pvt sectors
Cabinet approval has been granted to establish the ‘Rebuilding Sri Lanka’ Fund, aimed at rebuilding the country following the severe devastation caused by Cyclone ‘Ditwah’, one of the worst natural disasters in Sri Lanka’s recent history. The Fund is to be established as a statutory fund under the Presidential Secretariat and its Management Committee will […]
Sri Lanka introduces duty-free mechanism for overseas disaster relief donations
Due to the current disaster situation in the country, various inquiries have been made by foreign countries, organizations, individuals, as well as Sri Lankans living abroad, regarding donating essential goods to the people affected. Accordingly, the Government of Sri Lanka has introduced a more convenient procedure to expedite the clearance and distribution of all material […]
Ceylon Chamber affirms support for National recovery efforts following cyclone Ditwah
The Ceylon Chamber of Commerce is deeply saddened by the devastation caused by Cyclone Ditwah, and our thoughts are with all individuals, families, and communities affected by this tragedy. We mourn the loss of lives and acknowledge the immense hardship endured by thousands who have been displaced and whose livelihoods have been severely disrupted. In […]