Industry Analysis

Tokyo Cement Appoints Two New Independent Directors

Tokyo Cement Company (Lanka) PLC has strengthened its Board by appointing two new Independent Non-Executive Directors, Mano Sekaram and Averil Anne Ludowyke. Both directors bring a wealth of experience from their respective industries, further bolstering the company’s leadership. Mano Sekaram, a tech entrepreneur and investor, has over 30 years of experience in the Sri Lankan

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Business

Sri Lanka Cement Consumption Rises 8.5% Amid Currency Stability

Sri Lanka’s cement consumption rose by 8.5% for the year ending March 2024, following a period of contraction over the past two calendar years, according to Tokyo Cement. The increase is attributed to a more stable rupee, which has helped reduce costs and spur recovery in the sector. Tokyo Cement outpaced the industry with a

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