October 12, 2022
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5min
      Climate change today is affecting the financial system due to its far-reaching impact across all sectors and geographies. As risks associated with environmentally damaging products and services increase, it is expected that purchasing and investing in green alternatives will become the norm. This has led to the undertaking of initiatives to mitigate […]

September 12, 2022
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4min
      PwC Academy Sri Lanka has joined hands with the Dr. Mikel J Harry Six Sigma Management Institute Asia (SSMI® Asia), to create a unique programme focused on elevating competencies in Business Process Excellence amongst business professionals in the region. SSMI is Asia’s No. 1 Organizational Excellence and Lean Six Sigma Training and […]

August 18, 2022
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4min
      In a world with rising health awareness among consumers and the growing importance of environmental protection and social and governance ethics, business leaders find themselves facing customers who want to know that the companies they support are operating with environmental, social and governance (ESG) at the top-of-mind. Questions about ethical spending, operations […]

July 20, 2022
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9min
        With the aim of supporting the local fashion industry further progress in improving their ESG performance in their supply chains and their operations, given the growing focus of stakeholders and consumers who expect an emphasis on sustainability and social responsibility from their fashion brands, PricewaterhouseCoopers (PwC), collaborated with the Export Development Board […]

May 25, 2022
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6min
        In a radically changed post-pandemic world, characterised by geopolitics, shifting consumer preferences, accelerated digitisation and ESG mandates, the need for speed and agility is heightened, making organic change seem too slow at times. As a result, traditional options of ‘build, buy or borrow’ have tipped sharply towards ‘buy,’ fueling M&A activity; […]

May 9, 2022
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5min
        Environmental, social, and governance (ESG) and sustainability continue to rise to the fore for all businesses, with a more dominant position required from certain sectors such as the apparel Industry. This growing focus on ESG comes from a variety of stakeholders that include retail fashion stores, buyers and buying offices who […]

January 28, 2022
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6min
        PwC’s International Development Practice is geared towards assisting governments, donors and NGOs across the globe to  manage their development programs, funds and internal operations to help alleviate poverty and boost global economic growth. In Sri Lanka, PwC has successfully created opportunities for strategic change, improving performance and enhancing capacity of stakeholders […]

January 24, 2022
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6min
        Digital procurement is the application of disruptive technologies that enable Strategic Sourcing to become predictive, Transactional Procurement to become automated, and Supplier Risk Management (SRM) to become more proactive. It is the adoption of a strategic approach to procurement activities that would be digitalized, managed and strategized, to mitigate risks, reduce […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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