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<title>Lanka Business – Business Insight. Bold Moves. &#45; Latest Posts</title>
<link>https://lankabusiness.lk/rss/latest-posts</link>
<description>Lanka Business – Business Insight. Bold Moves. &#45; Latest Posts</description>
<dc:language>en</dc:language>
<dc:rights>Copyright 2024 Lanka Business &#45; All Rights Reserved.</dc:rights>

<item>
<title>DIMO wins two prestigious awards at the 2025 Weichai Lovol Global Partners Conference</title>
<link>https://lankabusiness.lk/dimo-wins-two-prestigious-awards-at-the-2025-weichai-lovol-global-partners-conference</link>
<guid>https://lankabusiness.lk/dimo-wins-two-prestigious-awards-at-the-2025-weichai-lovol-global-partners-conference</guid>
<description><![CDATA[ DIMO, the authorized distributor for Lovol Harvesters in Sri Lanka, was awarded the Loyal Partner Award and the Outstanding Marketing Activity Planning Award at the 2025 Weichai Lovol Global Partners Conference in China. These accolades celebrate DIMO&#039;s enduring partnership with Lovol and its innovative marketing strategies, which have elevated the brand in Sri Lanka. Representing DIMO at the event were Deputy General Manager Amila De Silva and Assistant Marketing Manager Malith Rodrigo. ]]></description>
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<pubDate>Sun, 05 Jan 2025 20:53:43 +0530</pubDate>
<dc:creator>admin</dc:creator>
<media:keywords>&quot;DIMO Lovol Excellence&quot;</media:keywords>
</item>

<item>
<title>Deputy Minister of Tourism Prof. Euwan Ranasinghe Addresses Challenges at Sigiriya to Enhance Visitor Experience</title>
<link>https://lankabusiness.lk/deputy-minister-of-tourism-prof-euwan-ranasinghe-addresses-challenges-at-sigiriya-to-enhance-visitor-experience</link>
<guid>https://lankabusiness.lk/deputy-minister-of-tourism-prof-euwan-ranasinghe-addresses-challenges-at-sigiriya-to-enhance-visitor-experience</guid>
<description><![CDATA[ Deputy Minister of Tourism Prof. Euwan Ranasinghe convened a high-level meeting to address significant issues affecting tourists at Sigiriya, a UNESCO World Heritage site. Key challenges discussed included long queues, inadequate first aid and water facilities, poor rest areas, insufficient lighting, inadequate shelters for emergencies like wasp attacks, and unregulated tourist guides.

Infrastructure concerns such as traffic congestion, outdated museum facilities, neglected historical features like ancient water lilies, and a lack of engaging signage were also highlighted. Despite high entry fees, tourists feel the experience lacks value.

Proposed solutions include streamlining ticketing, improving safety measures, creating rest areas, upgrading the museum, restoring historical features, and enhancing visitor navigation through thematic signage. These measures aim to elevate Sigiriya&#039;s appeal and ensure sustainable management of its cultural and archaeological significance. ]]></description>
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<pubDate>Sun, 05 Jan 2025 20:15:13 +0530</pubDate>
<dc:creator>admin</dc:creator>
<media:keywords>&quot;Sigiriya Tourism Revamp&quot;</media:keywords>
</item>

<item>
<title>Sugath Pushpakumara’s Remarkable Cycling Expedition</title>
<link>https://lankabusiness.lk/sugath-pushpakumaras-remarkable-cycling-expedition</link>
<guid>https://lankabusiness.lk/sugath-pushpakumaras-remarkable-cycling-expedition</guid>
<description><![CDATA[ J.P. Sugath Pushpakumara undertook an extraordinary 7,000-kilometer cycling journey across Sri Lanka and India, demonstrating remarkable resilience and a passion for exploration. Starting in Sri Lanka and continuing through major Indian states like Tamil Nadu, Karnataka, and Himachal Pradesh, he faced extreme weather, mechanical challenges, and physical exhaustion. His journey is a powerful testament to human determination and serves as an inspiration to pursue dreams against all odds. ]]></description>
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<pubDate>Sat, 28 Dec 2024 21:45:12 +0530</pubDate>
<dc:creator>admin</dc:creator>
<media:keywords>Cycling Resilience</media:keywords>
</item>

<item>
<title>Link Natural recognised at Best Corporate Citizen Sustainability Awards 2024</title>
<link>https://lankabusiness.lk/link-natural-recognised-at-best-corporate-citizen-sustainability-awards-2024</link>
<guid>https://lankabusiness.lk/link-natural-recognised-at-best-corporate-citizen-sustainability-awards-2024</guid>
<description><![CDATA[ Link Natural’s ‘Saara Osu’ Project Earns Sustainability Award

Link Natural, a CIC Holdings subsidiary, won the Best Sustainability Projects Award 2024 for its ‘Saara Osu’ initiative, addressing Sri Lanka’s reliance on imported herbal materials while empowering rural communities. The project supports own land cultivation, out-grower programs, and sustainable wild harvesting, aligning with key Sustainable Development Goals (SDGs).

By 2024/25, the project will distribute Rs. 32 million among 360 farmers (SDG 1) and involves over 50% women in cultivation (SDG 5). Benefits include access to healthy planting materials, buy-back agreements, stable pricing, and farmer training programs.

CEO Ashan Ransilige highlighted the company’s dedication to ethical sourcing, community empowerment, and sustainability as core values driving its success. ]]></description>
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<pubDate>Thu, 19 Dec 2024 19:40:04 +0530</pubDate>
<dc:creator>admin</dc:creator>
<media:keywords>Sustainable Herbal Farming</media:keywords>
</item>

<item>
<title>Sri Lanka’s first seven&#45;star hotel to open in Kandy in May 2025</title>
<link>https://lankabusiness.lk/sri-lankas-first-seven-star-hotel-to-open-in-kandy-in-may-2025</link>
<guid>https://lankabusiness.lk/sri-lankas-first-seven-star-hotel-to-open-in-kandy-in-may-2025</guid>
<description><![CDATA[ Aviyana’s Private Chalets, Sri Lanka’s first seven-star hotel, will open its first phase in Kandy in May 2025. Spearheaded by Dr. Indika Thisara Hewawasam, the project features 50 private swimming pools and 50+ chalets, with 12 set to debut in the first stage. With an investment of Rs. 9 billion, the hotel targets luxury travelers, offering stays starting at USD 1,000 per night.

Located in the Knuckles Mountain Range, it aims to contribute USD 500 million annually to Sri Lanka’s tourism revenue. Villas are available for pre-purchase at USD 180 million, promising high ROI with hassle-free management. The project prioritizes exclusivity, avoiding stock market fundraising, and envisions positioning Sri Lanka as a global luxury destination. ]]></description>
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<pubDate>Thu, 19 Dec 2024 19:33:15 +0530</pubDate>
<dc:creator>admin</dc:creator>
<media:keywords>Ultra-Luxury Chalets</media:keywords>
</item>

<item>
<title>Sithara awarded Bronze at CNCI Achiever Awards 2024</title>
<link>https://lankabusiness.lk/sithara-awarded-bronze-at-cnci-achiever-awards-2024</link>
<guid>https://lankabusiness.lk/sithara-awarded-bronze-at-cnci-achiever-awards-2024</guid>
<description><![CDATA[ Sithara Ltd., a leading printing ink manufacturer in Sri Lanka, received a Bronze Award at the CNCI Achiever Awards 2024 for industrial excellence. Founded in 1964, the company has become an industry leader by focusing on research, development, and embracing new technologies. Known for its commitment to quality, Sithara Ltd. has earned multiple accolades, including two Merit CNCI Achiever Awards and ISO 9001 certification. The company is also advancing towards net-zero emissions. General Manager H.B. Anandaratne credited the achievement to the dedication and hard work of the staff. ]]></description>
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<pubDate>Fri, 08 Nov 2024 20:58:52 +0530</pubDate>
<dc:creator>admin</dc:creator>
<media:keywords>Industrial Excellence</media:keywords>
</item>

<item>
<title>Pan Asia Bank unveils Privilege Banking for premier customers at exclusive launch event Friday, 8 November 2024</title>
<link>https://lankabusiness.lk/pan-asia-bank-unveils-privilege-banking-for-premier-customers-at-exclusive-launch-event-friday-8-november-2024</link>
<guid>https://lankabusiness.lk/pan-asia-bank-unveils-privilege-banking-for-premier-customers-at-exclusive-launch-event-friday-8-november-2024</guid>
<description><![CDATA[ Pan Asia Bank has launched Privilege Banking, an exclusive service offering a highly personalized banking experience for premier customers. The service includes a dedicated relationship manager, priority access to banking facilities, bespoke wealth management solutions, and competitive interest rates. The bank also introduced the first-ever Privilege Banking credit card in partnership with MasterCard, offering exclusive local and international benefits, including travel perks and access to luxury brands. Pan Asia Bank&#039;s Director/CEO, Naleen Edirisinghe, highlighted the bank&#039;s commitment to providing innovative financial solutions and setting a new standard in personalized banking. ]]></description>
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<pubDate>Fri, 08 Nov 2024 20:55:57 +0530</pubDate>
<dc:creator>admin</dc:creator>
<media:keywords>Privilege Banking</media:keywords>
</item>

<item>
<title>Apple releases Apple Intelligence. Here&amp;apos;s how to get it on your iPhone.</title>
<link>https://lankabusiness.lk/apple-releases-apple-intelligence-heres-how-to-get-it-on-your-iphone</link>
<guid>https://lankabusiness.lk/apple-releases-apple-intelligence-heres-how-to-get-it-on-your-iphone</guid>
<description><![CDATA[ Apple&#039;s recent iOS 18.1 update introduces Apple Intelligence, a new AI feature available on the iPhone 16 and iPhone 15 Pro, alongside updates for iPad and Mac. Apple Intelligence includes tools for text editing, photo object removal, and notification summarization, all running mainly on-device. Siri also receives a visual upgrade and enhanced abilities for answering Apple-related questions, with in-app actions and ChatGPT integration expected in upcoming updates. Apple&#039;s on-device AI approach distinguishes it from cloud-dependent AI models, with analysts predicting it could drive strong demand for the latest iPhones. ]]></description>
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<pubDate>Fri, 08 Nov 2024 20:48:03 +0530</pubDate>
<dc:creator>admin</dc:creator>
<media:keywords>Apple Intelligence</media:keywords>
</item>

<item>
<title>Sri Lanka Secures USD 200 Million from World Bank’s IDA for Second Phase of RESET Program</title>
<link>https://lankabusiness.lk/Sri-Lanka-Secures-USD-200-Million-from-World-Bank%E2%80%99s-IDA-for-Second-Phase-of-RESET-Program</link>
<guid>https://lankabusiness.lk/Sri-Lanka-Secures-USD-200-Million-from-World-Bank%E2%80%99s-IDA-for-Second-Phase-of-RESET-Program</guid>
<description><![CDATA[ Sri Lanka Secures USD 200 Million from World Bank’s IDA for Second Phase of RESET Program ]]></description>
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<pubDate>Wed, 06 Nov 2024 12:45:15 +0530</pubDate>
<dc:creator>admin</dc:creator>
<media:keywords>Sri Lanka Secures USD 200 Million from World Bank’s IDA for Second Phase of RESET Program</media:keywords>
</item>

<item>
<title>HNB Wins’ Sri Lanka’s Best Bank’ and ‘Sri Lanka’s Best Bank for SMEs’</title>
<link>https://lankabusiness.lk/HNB-Wins%E2%80%99-Sri-Lanka%E2%80%99s-Best-Bank%E2%80%99-and-%E2%80%98Sri-Lanka%E2%80%99s-Best-Bank-for-SMEs%E2%80%99</link>
<guid>https://lankabusiness.lk/HNB-Wins%E2%80%99-Sri-Lanka%E2%80%99s-Best-Bank%E2%80%99-and-%E2%80%98Sri-Lanka%E2%80%99s-Best-Bank-for-SMEs%E2%80%99</guid>
<description><![CDATA[ HNB was honored with the titles of ‘Sri Lanka’s Best Bank’ and ‘Sri Lanka’s Best Bank for SMEs at the Euromoney Awards for Excellence 2024. ]]></description>
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<pubDate>Wed, 06 Nov 2024 12:37:04 +0530</pubDate>
<dc:creator>admin</dc:creator>
<media:keywords></media:keywords>
</item>

<item>
<title>Global Hub for Sustainable Development and Medway Hospitals Drive Health, Wellbeing, and Tourism Initiatives</title>
<link>https://lankabusiness.lk/Global-Hub-for-Sustainable-Development-and-Medway-Hospitals-Drive-Health%2C-Wellbeing%2C-and-Tourism-Initiatives</link>
<guid>https://lankabusiness.lk/Global-Hub-for-Sustainable-Development-and-Medway-Hospitals-Drive-Health%2C-Wellbeing%2C-and-Tourism-Initiatives</guid>
<description><![CDATA[ Global Hub for Sustainable Development, in collaboration with Medway Hospitals Group, recently hosted an awareness program focused on &quot;Good Health and Wellbeing for All,&quot; supporting the United Nations’ SDG 3. Key leaders, including M.S.A. Muneer, Vice President of Global Hub, and Mr. Venkata Phanidhar, CEO of Medway Hospitals, addressed the potential of medical and eco-tourism between Sri Lanka and India. The event gathered business and community leaders, highlighting partnerships for accessible healthcare, preventive wellness, and sustainable tourism practices that bridge health and economic development across both nations. ]]></description>
<enclosure url="https://lankabusiness.lk/uploads/images/202410/image_870x580_6721074d9ee07.jpg" length="98333" type="image/jpeg"/>
<pubDate>Tue, 29 Oct 2024 21:34:26 +0530</pubDate>
<dc:creator>admin</dc:creator>
<media:keywords></media:keywords>
</item>

<item>
<title>Driving Eco&#45;Innovation: How MAS Holdings is Shaping the Future of Sustainable Apparel</title>
<link>https://lankabusiness.lk/driving-eco-innovation-how-mas-holdings-is-shaping-the-future-of-sustainable-apparel</link>
<guid>https://lankabusiness.lk/driving-eco-innovation-how-mas-holdings-is-shaping-the-future-of-sustainable-apparel</guid>
<description><![CDATA[ The global apparel industry is shifting towards sustainability, and MAS Holdings is seizing this opportunity by embedding eco-conscious innovation, flexible manufacturing, and digital tools into its operations. Through strategic partnerships and brands like Femography and Lable, MAS is meeting consumer needs for inclusive, sustainable products. By strengthening supply chains and integrating traceability, automation, and responsible sourcing, MAS enhances resilience and transparency. With a commitment to sustainable growth, MAS aligns its product offerings and processes with environmental and regulatory standards, staying at the forefront of a rapidly evolving market. ]]></description>
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<pubDate>Mon, 28 Oct 2024 19:36:38 +0530</pubDate>
<dc:creator>admin</dc:creator>
<media:keywords>&quot;Eco-innovation&quot;</media:keywords>
</item>

<item>
<title>Hilton Sri Lanka triumphs with most wins at World Luxury Hotel Awards 2024</title>
<link>https://lankabusiness.lk/hilton-sri-lanka-triumphs-with-most-wins-at-world-luxury-hotel-awards-2024</link>
<guid>https://lankabusiness.lk/hilton-sri-lanka-triumphs-with-most-wins-at-world-luxury-hotel-awards-2024</guid>
<description><![CDATA[ Hilton Sri Lanka has reaffirmed its leadership in premium hospitality by winning 12 awards across four properties at the World Luxury Hotel Awards gala in Bali, Indonesia. Hilton Colombo was recognized as a Luxury Business Hotel and Luxury Conference and Event Hotel, among other accolades. Hilton Colombo Residences earned titles for Luxury Family Hotel and Luxury City Hotel. Meanwhile, DoubleTree by Hilton Weerawila Rajawarna Resort was honored as the Best Lakeside Resort, and Hilton Yala Resort received awards for Best Interior Design and Luxury Wildlife Resort. Manesh Fernando, Hilton Sri Lanka Area General Manager, expressed gratitude for the support from guests and team members, emphasizing the brand&#039;s commitment to delivering exceptional guest experiences. ]]></description>
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<pubDate>Sat, 26 Oct 2024 17:06:06 +0530</pubDate>
<dc:creator>admin</dc:creator>
<media:keywords>Hospitality Excellence</media:keywords>
</item>

<item>
<title>Apparel industry’s call for sustainability</title>
<link>https://lankabusiness.lk/apparel-industrys-call-for-sustainability</link>
<guid>https://lankabusiness.lk/apparel-industrys-call-for-sustainability</guid>
<description><![CDATA[ The Teejay Group recently held its first Sustainability Summit, highlighting the apparel industry’s urgent need for sustainable practices, especially in chemical management. Chief guest Dr. Anil Jasinghe emphasized support for smaller players and alternative financing options to make sustainability affordable. With apparel’s significant waste and emissions impact, he stressed traceability, transparency, and safe chemical handling. The EU Green Recovery Facility and &quot;Accelerating Industries Climate Response&quot; projects will aid Sri Lanka’s apparel sector by developing Eco Industrial Parks and a database of energy-intensive industries, supporting the country’s shift towards a greener future. ]]></description>
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<pubDate>Sat, 26 Oct 2024 16:55:34 +0530</pubDate>
<dc:creator>admin</dc:creator>
<media:keywords>Sustainable Apparel Transformation Sri Lanka</media:keywords>
</item>

<item>
<title>Sri Lanka’s gem legacy to shine at FACETS 2025</title>
<link>https://lankabusiness.lk/sri-lankas-gem-legacy-to-shine-at-facets-2025</link>
<guid>https://lankabusiness.lk/sri-lankas-gem-legacy-to-shine-at-facets-2025</guid>
<description><![CDATA[ FACETS Sri Lanka, the country’s leading international gem and jewelry exhibition, returns for its 31st edition from January 4–6, 2025, at Cinnamon Grand Colombo. Organized by the Sri Lanka Gem and Jewellery Association, this event attracts global traders, exporters, and collectors, spotlighting Sri Lanka’s expertise in gemstone production, especially sapphires. With highlights like ‘Sapphire Night,’ the ‘Power Breakfast’ for women leaders, and a ‘Mine Tour’ showcasing local mining practices, FACETS 2025 promises ample networking and growth opportunities. The exhibition continues to position Sri Lanka as a top destination for gemstones and fine craftsmanship. ]]></description>
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<pubDate>Sat, 26 Oct 2024 16:40:53 +0530</pubDate>
<dc:creator>admin</dc:creator>
<media:keywords>&quot;Global Gemstone Excellence Sri Lanka&quot;</media:keywords>
</item>

<item>
<title>Nawaloka Hospital bags Merit award at National Business Excellence Awards 2024</title>
<link>https://lankabusiness.lk/nawaloka-hospital-bags-merit-award-at-national-business-excellence-awards-2024</link>
<guid>https://lankabusiness.lk/nawaloka-hospital-bags-merit-award-at-national-business-excellence-awards-2024</guid>
<description><![CDATA[ &quot;Nawaloka Hospitals PLC, Sri Lanka’s premier private healthcare provider, has been honored with the Merit Award at the 2024 National Business Excellence Awards for its dedication to patient-centered, world-class healthcare. Known for pioneering kidney transplant services and its commitment to advanced treatment facilities, Nawaloka Hospitals continues to set high standards in the healthcare sector.&quot; ]]></description>
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<pubDate>Sat, 26 Oct 2024 16:32:45 +0530</pubDate>
<dc:creator>admin</dc:creator>
<media:keywords>&quot;Excellence in Patient-Centric Healthcare&quot;</media:keywords>
</item>

<item>
<title>Colombo Uni. Sustainable Tourism Unit to celebrate World Tourism Day 2024 on 28 Oct.</title>
<link>https://lankabusiness.lk/colombo-uni-sustainable-tourism-unit-to-celebrate-world-tourism-day-2024-on-28-oct</link>
<guid>https://lankabusiness.lk/colombo-uni-sustainable-tourism-unit-to-celebrate-world-tourism-day-2024-on-28-oct</guid>
<description><![CDATA[ The Sustainable Tourism Unit (STU) at the University of Colombo will celebrate World Tourism Day 2024 on October 28, focusing on &quot;Tourism and Peace for Sustainable Prosperity.&quot; The event, held at the FGS Auditorium, aligns with the UN&#039;s theme and aims to highlight Sri Lanka&#039;s commitment to sustainable tourism. Activities include a diplomatic dialogue forum, HR forum, tour itinerary competition, and a video competition centered on tourism, peace, and human resource challenges in Sri Lanka. These initiatives seek to position Sri Lanka as a leader in sustainable tourism, emphasizing cultural diversity and fostering inclusivity for economic growth. ]]></description>
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<pubDate>Fri, 25 Oct 2024 19:50:09 +0530</pubDate>
<dc:creator>admin</dc:creator>
<media:keywords>Key event to focus on “Tourism and Peace for Sustainable Prosperity”</media:keywords>
</item>

<item>
<title>Cinnamon Life at City of Dreams Sri Lanka opens in Colombo</title>
<link>https://lankabusiness.lk/cinnamon-life-at-city-of-dreams-sri-lanka-opens-in-colombo</link>
<guid>https://lankabusiness.lk/cinnamon-life-at-city-of-dreams-sri-lanka-opens-in-colombo</guid>
<description><![CDATA[ On October 15, 2024, the John Keells Group launched Cinnamon Life at City of Dreams Sri Lanka, a landmark development valued at over $1.2 billion, aimed at transforming the country&#039;s tourism sector. Featuring 687 luxury rooms designed by architect Cecil Balmond, Cinnamon Life includes extensive entertainment venues and is set to become Colombo&#039;s largest event space, accommodating over 5,000 guests. The resort offers twelve dining options and is envisioned as a premier destination for weddings and events. Chairperson Krishan Balendra highlighted its potential to generate over 20,000 employment opportunities and position Sri Lanka as a leader in the regional tourism market. ]]></description>
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<pubDate>Fri, 25 Oct 2024 19:33:43 +0530</pubDate>
<dc:creator>admin</dc:creator>
<media:keywords>Cinnamon Life</media:keywords>
</item>

<item>
<title>Apparel exports surge 19% in September with strong demand from US</title>
<link>https://lankabusiness.lk/apparel-exports-surge-19-in-september-with-strong-demand-from-us</link>
<guid>https://lankabusiness.lk/apparel-exports-surge-19-in-september-with-strong-demand-from-us</guid>
<description><![CDATA[ Sri Lanka’s apparel sector experienced significant growth in September 2024, with exports rising 19.06% year-on-year to $396.73 million, according to the Joint Apparel Association Forum (JAAF). The United States, the largest buyer, saw exports surge by 37.79% to $168.45 million, while the European Union recorded a 5.16% increase to $112.30 million. Overall, cumulative apparel exports for 2024 reached $3.55 billion, reflecting a 4.03% increase compared to 2023, with the UK contributing $521 million in exports, marking an 8.61% rise. ]]></description>
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<pubDate>Fri, 25 Oct 2024 19:13:46 +0530</pubDate>
<dc:creator>admin</dc:creator>
<media:keywords>Growth</media:keywords>
</item>

<item>
<title>AIA Insurance sponsors WCIC Prathibhabhisheka Women Entrepreneur Awards 2024</title>
<link>https://lankabusiness.lk/aia-insurance-sponsors-wcic-prathibhabhisheka-women-entrepreneur-awards-2024</link>
<guid>https://lankabusiness.lk/aia-insurance-sponsors-wcic-prathibhabhisheka-women-entrepreneur-awards-2024</guid>
<description><![CDATA[ AIA Insurance has announced its Platinum sponsorship of the WCIC Prathibhabhisheka Women Entrepreneur Awards 2024, continuing its commitment to empowering women after serving as Gold sponsor in 2022. The awards celebrate the achievements of women entrepreneurs, aiming to inspire future female leaders. AIA has engaged with past award winners, sharing stories and mentorship to inspire young women. CEO Chathuri Munaweera emphasized the company&#039;s dedication to equality, diversity, and inclusivity, highlighting its broader initiatives to support women in their careers. AIA looks forward to celebrating innovative entrepreneurial endeavors at this year&#039;s ceremony. ]]></description>
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<pubDate>Fri, 25 Oct 2024 19:06:31 +0530</pubDate>
<dc:creator>admin</dc:creator>
<media:keywords>Women Empowerment</media:keywords>
</item>

<item>
<title>Ideal Motors Website Honored with Three Prestigious Awards</title>
<link>https://lankabusiness.lk/ideal-motors-website-honored-with-three-prestigious-awards</link>
<guid>https://lankabusiness.lk/ideal-motors-website-honored-with-three-prestigious-awards</guid>
<description><![CDATA[ Ideal Motors, Sri Lanka&#039;s leading vehicle assembly and distribution company, has won three awards at the BestWeb.lk competition for its website, idealmotors.lk. The site received the Gold Award for Best Automotive Website, Most Popular Automotive Website, and Best Mobile User Experience. Developed entirely in-house by a team of new web designers, the website emphasizes user-centered design and AI-driven features, completed within two months. The project, supported by the IT and marketing teams, reflects Ideal Motors&#039; commitment to digital transformation and training for young professionals. The awards highlight the site&#039;s adherence to international standards and exceptional user experience. ]]></description>
<enclosure url="https://lankabusiness.lk/uploads/images/202410/image_870x580_671b9c74a54ed.jpg" length="97419" type="image/jpeg"/>
<pubDate>Fri, 25 Oct 2024 18:57:49 +0530</pubDate>
<dc:creator>admin</dc:creator>
<media:keywords>Ideal Motors Website Awards</media:keywords>
</item>

<item>
<title>Sri Lanka’s Road to Global Competitiveness: Insights from Trade, Energy, and Agriculture Policies</title>
<link>https://lankabusiness.lk/sri-lankas-road-to-global-competitiveness-insights-from-trade-energy-and-agriculture-policies</link>
<guid>https://lankabusiness.lk/sri-lankas-road-to-global-competitiveness-insights-from-trade-energy-and-agriculture-policies</guid>
<description><![CDATA[ smaller
ChatGPT said:
ChatGPT
In 2023, Sri Lanka&#039;s exports made up 20.4% of GDP, with a significant reliance on apparel and traditional sectors like tea. The IPS annual report launch highlighted the need for reforms in trade, energy, and agriculture to boost competitiveness.

Key discussions included the potential benefits of joining the Regional Comprehensive Economic Partnership (RCEP) to diversify exports. Rising energy costs were affecting profit margins in the apparel and tea industries, prompting calls for support for renewable energy initiatives.

The agriculture sector was encouraged to promote minor export crops, like Ceylon cinnamon, to tap into global markets. Strengthening regulations in these areas is crucial for enhancing Sri Lanka&#039;s competitiveness and achieving economic resilience. ]]></description>
<enclosure url="https://lankabusiness.lk/uploads/images/202410/image_870x580_671b99b2916e8.jpg" length="75913" type="image/jpeg"/>
<pubDate>Fri, 25 Oct 2024 18:45:12 +0530</pubDate>
<dc:creator>admin</dc:creator>
<media:keywords>&quot;Sustainable Export Transformation&quot;</media:keywords>
</item>

<item>
<title>Understanding the Core of Sustainability and Its Impact on the Corporate World</title>
<link>https://lankabusiness.lk/understanding-the-core-of-sustainability-and-its-impact-on-the-corporate-world</link>
<guid>https://lankabusiness.lk/understanding-the-core-of-sustainability-and-its-impact-on-the-corporate-world</guid>
<description><![CDATA[ Mr. Nishantha Hewavithana, Senior Vice President at the Colombo Stock Exchange (CSE), highlights the importance of sustainability, defined by the UN as meeting present needs without compromising the future. He discusses the interconnected pillars of environmental, social, and economic sustainability and emphasizes the role of corporations in integrating ESG (Environmental, Social, and Governance) principles for responsible growth.

The CSE promotes sustainability among listed companies by enhancing ESG disclosures, supporting eco-friendly capital projects, setting sustainability reporting guidelines, and developing an ESG index to recognize leaders in sustainability. ]]></description>
<enclosure url="https://lankabusiness.lk/uploads/images/202410/image_870x580_671b964aceeb4.jpg" length="42786" type="image/jpeg"/>
<pubDate>Fri, 25 Oct 2024 18:31:05 +0530</pubDate>
<dc:creator>admin</dc:creator>
<media:keywords></media:keywords>
</item>

<item>
<title>‘MeeKiri’, a new frozen Curd concept, opens in Ella ‘A Celebration of Friendship, Flavor, and Giving Back’</title>
<link>https://lankabusiness.lk/meekiri-a-new-frozen-curd-concept-opens-in-ella-a-celebration-of-friendship-flavor-and-giving-back</link>
<guid>https://lankabusiness.lk/meekiri-a-new-frozen-curd-concept-opens-in-ella-a-celebration-of-friendship-flavor-and-giving-back</guid>
<description><![CDATA[ A unique frozen curd concept in Ella, Sri Lanka, MeeKiri offers locals and tourists a taste of authentic Sri Lankan frozen curd with Kithul honey. Founded by friends Naveen, Natalia, and Mario, it combines their love for traditional desserts with a commitment to supporting local producers. Sourcing ingredients from small farms, MeeKiri empowers local entrepreneurs while donating 40% of profits to charities and offering free servings to tourism drivers. Located between Dream Café and Maya Store, MeeKiri blends tradition with social impact, showcasing Sri Lanka&#039;s culinary heritage. ]]></description>
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<pubDate>Fri, 25 Oct 2024 18:11:55 +0530</pubDate>
<dc:creator>admin</dc:creator>
<media:keywords>MeeKiri</media:keywords>
</item>

<item>
<title>Rasanji Perera has been appointed as the new Chief Executive Officer of TWC Capital.</title>
<link>https://lankabusiness.lk/rasanji-perera-has-been-appointed-as-the-new-chief-executive-officer-of-twc-capital</link>
<guid>https://lankabusiness.lk/rasanji-perera-has-been-appointed-as-the-new-chief-executive-officer-of-twc-capital</guid>
<description><![CDATA[ TWC Capital, a subsidiary of TW Corp, has announced the appointment of Rasanj Perera as its new Chief Executive Officer. The company, recognized for providing financial advisory services for mergers and acquisitions, currently holds over $200 million in value, facilitating domestic and international business transactions. With over 17 years of experience in corporate finance, Rasanj previously served as the Senior Vice President of Investments at TWC, where he significantly contributed to the company&#039;s growth and strategic direction. His extensive background includes key roles in top financial institutions, enhancing his expertise in complex financial transactions. Under his leadership, TWC Capital aims to deliver innovative financial solutions and strengthen its position as a leading advisory firm in Sri Lanka. ]]></description>
<enclosure url="https://lankabusiness.lk/uploads/images/202410/image_870x580_671b8d2d30438.jpg" length="37670" type="image/jpeg"/>
<pubDate>Fri, 25 Oct 2024 17:51:43 +0530</pubDate>
<dc:creator>admin</dc:creator>
<media:keywords>Leadership</media:keywords>
</item>

<item>
<title>Fits Holidays launches a new website to make your travel experience easier.</title>
<link>https://lankabusiness.lk/fits-holidays-launches-a-new-website-to-make-your-travel-experience-easier</link>
<guid>https://lankabusiness.lk/fits-holidays-launches-a-new-website-to-make-your-travel-experience-easier</guid>
<description><![CDATA[ Fits Holidays, an affiliate of the trusted airline FitsAir, has launched its new website (www.fitsholidays.com) to enhance the travel experience for customers. The user-friendly platform allows travelers to effortlessly book flights and accommodations while offering a diverse range of travel packages tailored to individual needs. Director Ana Kaasimh emphasizes their commitment to delivering unforgettable experiences, making every journey unique and seamless. With options for both budget and luxury, Fits Holidays aims to help customers easily plan their trips, whether from home or on the go. Visit their website today to start planning your next adventure! ]]></description>
<enclosure url="https://lankabusiness.lk/uploads/images/202410/image_870x580_671b8a808a0b7.jpg" length="54230" type="image/jpeg"/>
<pubDate>Fri, 25 Oct 2024 17:39:50 +0530</pubDate>
<dc:creator>admin</dc:creator>
<media:keywords>Travel Solutions</media:keywords>
</item>

<item>
<title>CASIO intensifies its fight against counterfeit products in Sri Lanka by launching operations to enforce its line of calculator products.</title>
<link>https://lankabusiness.lk/casio-intensifies-its-fight-against-counterfeit-products-in-sri-lanka-by-launching-operations-to-enforce-its-line-of-calculator-products</link>
<guid>https://lankabusiness.lk/casio-intensifies-its-fight-against-counterfeit-products-in-sri-lanka-by-launching-operations-to-enforce-its-line-of-calculator-products</guid>
<description><![CDATA[ Casio Computer Co. Ltd has intensified its efforts to protect Sri Lankan consumers by launching a campaign against counterfeit Casio calculators, following its earlier success against fake watches in Sri Lanka. In collaboration with local authorities, Casio recently conducted raids in Colombo, resulting in the seizure of counterfeit calculators. This initiative aims to ensure product authenticity, protect students and consumers, and maintain the brand’s trust and integrity in the market. ]]></description>
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<pubDate>Fri, 25 Oct 2024 17:25:32 +0530</pubDate>
<dc:creator>admin</dc:creator>
<media:keywords>Anti-Counterfeit Initiative.</media:keywords>
</item>

<item>
<title>Sri Lanka SOE container terminal to get tax exemptions as ‘special project’</title>
<link>https://lankabusiness.lk/Sri-Lanka-SOE-container-terminal-to-get-tax-exemptions-as-%E2%80%98special-project%E2%80%99</link>
<guid>https://lankabusiness.lk/Sri-Lanka-SOE-container-terminal-to-get-tax-exemptions-as-%E2%80%98special-project%E2%80%99</guid>
<description><![CDATA[ Sri Lanka SOE container terminal to get tax exemptions as ‘special project’ ]]></description>
<enclosure url="https://lankabusiness.lk/uploads/images/202410/image_870x580_671a9239cdc02.jpg" length="75089" type="image/jpeg"/>
<pubDate>Fri, 25 Oct 2024 00:01:07 +0530</pubDate>
<dc:creator>admin</dc:creator>
<media:keywords>Sri Lanka SOE container terminal to get tax exemptions as ‘special project’</media:keywords>
</item>

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