CATEGORIES

The Dynamo of Dinemore

Very few may know the story of Dinemore, one of the most popular semi-fast food restaurants in Sri Lanka, entirely home-grown with a global footprint. Very few may know that one man’s ambition to start his restaurant spurred the eating-out culture in Sri Lanka and saw the‘submarine’ finally land on our plates. When M S M Rishard started Dinemore in 1997, he had a mission to serve the entire country, every Sri Lankan, provide the space for shared company and conversations, meet friends, and enjoy cheerful night outs. His long and untiring journey of 27 years ago is inspiring. The hands-on leader and multitasker who led from the front, cooked, served, and opened the door to patrons knew the ropes of his business inside and out. Speaking with Business Today, he described his journey to success, his constant desire to learn and grow, investing in quality and giving value for money, his desire for every Sri Lankan to savor the pleasure of dining out, and how his business has become a valuable entity contributing to the country’s reserves and generating employment by prioritizing its investment decisions for maximum gains and sustainability.

Ten Countries with The Best Weed in The World 2024

As we venture into 2024, several countries have emerged as Leading contributors to the world of premium cannabis.

President Ranil Wickremesinghe and Prime Minister of Thailand Srettha Thavisin Forge Historic Ties, Sign Landmark Trade Agreement

Iam incredibly pleased to welcome Prime Minister Thavisin and the accompanying high-level delegation to Sri Lanka, including the Deputy Prime Minister, Minister of Commerce, and the Deputy Minister of Foreign Affairs.

People's Bank celebrates 76 years of Independence by offering gifts to Newborns

People’s Bank celebrated Sri Lanka’s 76th National Independence at a modest ceremony followed by a series of island wide initiatives.

People's Bank and Hayleys Agriculture Form Strategic Alliance for Agricultural Advancement

People's Bank and Hayleys Agriculture Holdings have entered into a strategic Memorandum of Understanding (MoU) aimed at fortifying Sri Lanka's agricultural landscape.

HNB enters MoU with SLAF and Agro World

HNB announced its strategic partnership with the Sri Lanka Agripreneurs' Forum (SLAF) and Agro World, which aimed to empower small and medium scale farmers participating in the Smart Village Program.

How much Money does Bernard Arnault make a Second?

The chairman and CEO of LVMH Moët Hennessy Louis Vuitton SE, Bernard Arnault is currently the wealthiest individual globally, with a staggering net worth of USD 228.3 billion.

Sri Lanka's Best Corporate Citizen continues to Record Sustainable Performance

Hatton National Bank (HNB) showcased strong and sustainable performance in 2023 in all aspects, namely liquidity, asset quality, capital, efficiency and profitability amidst global and local economic uncertainties.

DBS Debacle and Accountability

Tying remuneration policies to drive the correct behavior and corporate accountability is the lesson from a recent pay cut imposed on the CEO of a leading Singapore bank.

Shashi Kandambi as new General Manager and CEO for NSB

Shashi Kandambi, a prominent banking professional, has assumed office as the 19th General Manager and CEO of National Savings Bank (NSB) on January 10, 2024.

HNB and 3W Global Education join hands to empower students

HNB has entered into a partnership with 3W Global Education to facilitate access to affordable financial solutions for students.

DFCC Bank introduces Tailored Financial Flexibility for Freelancers

DFCC Bank has introduced DFCC Freelancer, a revolutionary financial solution exclusively tailored to meet the dynamic needs of freelancers.

Chef Dharshan Munidasa Awarded 'The Order of The Rising Sun, Gold and Silver Rays'

Chef Dharshan Munidasa, Founder of Nihonbashi and Ministry of Crab, receiving the award from Mizukoshi Hideaki, Ambassador of Japan to Sri Lanka.

Global Debt

Imagine every living person in the world, adults, children, and even infants, every ablebodied individual to the not-so-able, having to work for three and a half years to pay off a colossal global debt of $300 trillion. The debt narrative has come to grip an increasingly unstable world, even as many countries have hit the pit with unwholesome debt in recent years. Everyone’s taking stock of the dangers and consequences of unbridled borrowing as the fear of households, businesses, and countries drowning in debt looms.

President Ranil Wickremesinghe Emphasizes Immediate Reforms in Global Financial Structure

President Ranil Wickremesinghe at the Third South Summit in Kampala, Uganda. Also present were Deputy Prime Minister of Somalia Salah Jama; South Africa's Minister of Foreign Affairs Naledi Pandor and Acting Foreign Minister of the Republic of Sudan Ambassador Ali Al-Sadiq.

Labor Market Trends

Mere numbers may not be the easiest way to gauge the health of Sri Lanka's labor market. However, recent data released by the Central Bank of Sri Lanka show changes in labor force participation, falling below 50 percent of the total employable population.

President Ranil Wickremesinghe briefs Indian CEOs on Sri Lanka's Economic Outlook

President Ranil Wickremesinghe took centre stage in a roundtable discussion organized by the Consortium of Indian Industry (CII) and World Economic Forum, unveiling a comprehensive economic vision for Sri Lanka.

President Ranil Wickremesinghe shares Sri Lanka's Positive Economic Outlook and Reforms at Business Roundtable in Switzerland

Addressing the Business Roundtable organized by BOI Sri Lanka and the Swiss-Asian Chamber of Commerce, during his official tour to Switzerland to attend the 54th Annual Meeting of the World Economic Forum, President Ranil Wickremesinghe highlighted significant strides in Sri Lanka’s economic recovery and outlined future growth prospects.

Global Disparities between Developing and Developed Nations have grown due to Technology Gaps and concerns of Weapons of Mass Destruction

President Ranil Wickremesinghe with several heads of state.

The Opportune Moment for Investing in Sri Lanka's Renewable Energy Sector

President Ranil Wickremesinghe highlighted the present as an opportune moment for investing in Sri Lanka’s renewable energy sector, expressing confidence in its potential to yield substantial benefits for both stakeholders and consumers in the coming decades. I thank the Swiss Asian Chamber of Commerce and their partners in organising this event for the invitation to speak today.

Plentiful Phones - Trends in the use of Cellular Phones

Sri Lanka is evidence of the power of a small handheld device to fulfill many human needs. Mobile phones and the internet are giving people new opportunities they never had before. No wonder Sri Lanka has more mobile phones than the country’s population, showing the widespread ownership of mobile phones nationwide. If we leave aside the young population who don’t own a mobile phone, the adults, it seems, are harnessing the benefits of multiple devices for daily navigation.

President Ranil Wickremesinghe New Investments for Rebuilding Affirms Trust in Sri Lanka's Economy

L–R: Moderator Mahin Khan, President Ranil Wickremesinghe; Vera Songwe, Founder and Chair of Liquidity & Sustainability Facility; Professor Laura Alfaro of the Harvard Business School; Professor Kenneth Rogoff of Harvard University and Wale Edun, Minister of Finance of Nigeria.

Global Business Leaders praise Prime Minister Modi's Visionary Approach at the Tenth edition of Vibrant Gujarat Global Summit (VGGS) 2024

Lakshmi Mittal

It is Time for New Dreams, New Resolutions and Continuous Accomplishments: PM Modi

His Excellency Filipe Nyusi, President of Mozambique; His Excellency Ramos-Horta, President of Timor-Leste; His Excellency Petr Fiala, Prime Minister of the Czech Republic; Governor of Gujarat Acharya Devvrat Ji; the popular Chief Minister Bhupendrabhai Patel; distinguished guests from Bharat and abroad; other dignitaries; ladies and gentlemen,

Japanese Finance Minister Commends Impressive Economic Advancements in Sri Lanka

Suzuki Shunichi, Japan’s Finance Minister arrived in Sri Lanka on a two-day official visit aimed at deepening economic relations with the Sri Lankan Government.

DFCC Bank Hosts a Power Breakfast with the Global ICC Chair

DFCC Bank hosted a Power Breakfast for their trade customers. It was conducted in collaboration with the International Chamber of Commerce, Sri Lanka, and featured Maria Fernanda Garza, who serves as the Global Chair of the International Chamber of Commerce (ICC). Garza is the first female Global Chair of the ICC and is also presently the CEO of Orestia.

HNB Partners with Marina Square Uptown Colombo

HNB announced a partnership with Harbour Village to redefine homeownership at Colombo's first and largest harbourfront mixed development project, Marina Square, Uptown Colombo.

HNB's DCC Feature Unveiled at 801st ATM at Doctor's House, Matara

HNB announced the opening of its 801st ATM at the Doctor's House Restaurant in Madiha, Matara, also taking the opportunity to roll out its DCC (Dynamic Currency Conversion) feature.

Pan Asia Bank Partners with MasterCard to Launch a Special Credit Card for Government Pensioners

Pan Asia Bank, demonstrated its commitment for the nation by launching a Credit Card for government pensioners who served the nation for many years, by keeping its brand promise as 'The Truly Sri Lankan Bank'.

People's Bank Completes the Nation's Largest Finance Sector SD-WAN installation with Hayleys Fentons ICT

People's Bank partnered with Hayleys Fentons ICT for a transformative SD-WAN project. This initiative covered 375 customer contact points across Sri Lanka, becoming the largest SD-WAN installation within the financial sector in the country.