News

LOLC’s globally recognised microfinance model ventures into Pakistan

Daily Ft: The LOLC Group on Friday inked a historic joint venture with Pak Oman Microfinance Bank Ltd., to introduce LOLC’s exceptional and globally accepted Microfinance model to the people of Pakistan.

Having observed LOLC’s uniquely effective microfinance business model and its success stories in Sri Lanka, Myanmar and Cambodia, Pak Oman Microfinance Bank Ltd. which is a joint vent...
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LOLC in massive Maldives push

LOLC Group marked its first overseas leisure venture in the Maldives and also broke new ground in Sri Lanka-China relations last week, announcing its North Malé Resort Development project in partnership with State-owned China Machinery Engineering Corporation (CMEC).

Presenting three brand new islands to CMEC last Thursday, LOLC announced the massive and innovative 50:50 JV project va...
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Ethical conduct critical to attract international financial industry- CFA Sri Lanka Capital Market Awards 2016

Daily Ft: The CFA Society of Sri Lanka believes engraving the value of ethical conduct among capital market participants would be critical to garner confidence of the international financial industry, which would ultimately determine the country’s position in the ever-competitive global financial landscape.

“We firmly believe that while a well-structured regulated capital market is...
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Positioned for sustainable growth: Private healthcare industry in Sri Lanka

Sri Lanka’s per capita health spend is relatively low compared to the average per capita health spend of upper-middle-income countries albeit the country maintains better health indicators in the region. In the two-tier health system, Sri Lankan public sector provides free medication while the private sector services more affordable patients.
While there is a...
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