challenges Archives - Lanka Business News

September 26, 2024

The European Union (EU), with its vast market of over 448 million consumers, has always been a key destination for Sri Lankan apparel exports. Known for its high-quality and ethically produced garments, Sri Lanka has secured a strong foothold in this competitive space. However, new sustainability and labelling requirements introduced by the EU present both […]

January 19, 2024

WARC releases The Future of Media 2024 highlighting trends in media planning, advertising investments and the media ecosystem 17 January 2024 – After a challenging 2023, WARC Media predicts global advertising spend will double its growth in 2024 with spend expected to top $1 trillion for the first time. Just five companies – Alibaba, Alphabet, Amazon, Bytedance and Meta – are […]

December 22, 2023

By Rasith Wickremasinghe COYLE Chairman The Sri Lankan economy currently grapples with the significant challenges presented by a complex financial situation unfolding in unprecedented ways. As the country tackles the intricacies of this economic turmoil to overcome fiscal obstacles, there is a prevailing sense of concern among the populace. Against this backdrop, […]

May 24, 2023

The Group reported a resilient performance during the year, amidst the unprecedented challenges in the operating environment, recording a recurring EBITDA growth of 17% to Rs.45.74 billion. This is despite the substantial EBITDA recognition of Rs.6.30 billion from the revenue of the handover of the residential apartment units and commercial floors at […]

December 8, 2022

SLASSCOM HR Forum recently launched the theme for their flagship event People Summit 2023, that is much-awaited by the HR fraternity each year and is participated by industry professionals both locally and internationally. Themed “Survive to Thrive”, it acknowledges challenges the world has faced in the past few years and plans to […]

August 25, 2022

As Sri Lanka navigates its worst economic crisis since Independence, the John Keells Group is committed to supporting and empowering affected communities to overcome the challenges in the immediate term and be better equipped to be self-reliant for the future. “The current socio-economic crisis is by all accounts unprecedented,” said Carmeline Jayasuriya, […]

May 23, 2022

The unfolding economic crisis in the country has presented Sri Lankans with unprecedented challenges, including scarcity of essentials, escalating living expenses and deteriorating living standards. The impacts of the crisis are graver and more ominous for those in vulnerable communities, where families struggle to make ends meet amidst mounting financial difficulties. […]

Navigating new EU sustainability and labelling requirements: Challenges and opportunities for Sri Lankan apparel

Brands face challenges in planning for quality marketing in an AI-driven world

Charting Sri Lanka’s Economic Future: Current Challenges, and Strategies for Resilient Growth”

“JKH recurring EBITDA grows by 17% to Rs.45.74 billion for 2022/23”

Survive to Thrive – SLASSCOM People Summit encourages Businesses to be Brave as they recover from Challenges

John Keells Group initiates an accelerated Crisis Response Programme to address food and educational challenges

Daraz Cares introduces ‘Buy one Give One’ initiative to support families in vulnerable communities