April 11, 2018
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4min1
Huawei release dits audited financial results for 2017, reporting solid business growth. The company’s total annual revenue was CNY603.6 billion (US$92.5 billion based on year-end exchange rates), an increase of 15.7% over 2016. Net profits wereCNY47.5 billion (US$7.3 billion), an increase of28.1% year-on-year. In 2017, Huawei’s annual investment in research and development reached CNY89.7billion (US$13.8 […]

April 11, 2018
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1min0
Ceylinco Life recently sent two Deputy General Managers, one from Bancassurance and the other from Business Development for training at New York Life, the life insurance company with the largest market share in the USA. Messrs Manjula Thenuwara and Wasantha Wijesinghe participated in a 10-day training programme covering human resource management models of New York […]

April 11, 2018
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3min4
The Porsche Breakfast Drive with Chopard and Mobil which was held recently in Colombo, concluded on a successful note with the participation of a large number of sports car enthusiasts. The drive began from Independence Square to Waters Edge, Battaramulla with the participation of Porsche cars owners and enthusiasts and was followed by a breakfast […]

April 10, 2018
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1min5
The total number of international tourist arrivals to Sri Lanka during March 2018 has increased to 233,382. In comparison to March last year where the arrivals were 188,076, there is a growth of 24.1 %. This month, the largest source market for tourists is India, followed by United Kingdom and Germany. Almost 94% of tourists […]

April 9, 2018

4min1
Ms. Rubina Sen – Senior Coordinator GRI South Asia, Dr. Aditi Haldar Director – GRI South Asia, Mr. Rajeeva Bandaranaike – CSE CEO Expanding its commitment to fostering effective ESG (Environmental, Social and Governance) performance and communication among Sri Lankan listed companies, the Colombo Stock Exchange (CSE) today formalized an arrangement with the Global Reporting […]

April 9, 2018
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5min0
ReeBonn Premium Hair Growing and Scalp Nourishing Oil produced by leading herbal cosmetic company operating in Sri Lanka, ReeBonn Cosmetics has earned a solid reputation among its users from the day it was unveiled. The product that stops loss of hair and stimulates hair growth while protecting the scalp was in high demand at the […]

April 9, 2018
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3min1
Multi Finance PLC, a long-established forerunner in the Sri Lankan financial services landscape kicked off their nationwide eco-sustainability campaign on the 30th of March 2018, planting 1000 saplings along the Southern Expressway as its introductory phase. This marks the commencement of the company’s flagship project under their five-year behemoth reforestation campaign ‘Each One Plant One’, […]


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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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