February 24, 2019

10min1
The Commercial Bank of Ceylon PLC has reported an operating profit of Rs 31.6 billion for the year ended 31st December 2018, reflecting a growth of 12.8% before taxes on financial services, in a financial performance Sri Lanka’s benchmark private bank describes as a “perfect example of progress under duress.” Profit before income tax improved […]

February 24, 2019

3min0
Standing from the left - Nawaz Marikkar (Key Accounts Manager – DIMO), Jeewantha Wijesinghe (Product Manager – Tata SCV (DIMO), Hemal Rathnayake (Regional Manager – Tata Commercial Vehicle Sales (DIMO), Pyush Mahajan (Product Manager – Tata Motors Ltd), Anura Wijesinghe (Deputy General Manager – Tata Passenger Vehicles (DIMO), Sampath Kumarasinghe (Deputy General Manager – Tata Commercial Vehicle Sales (DIMO), Madhu Singh (Country Manager – Sri Lanka, Tata Motors Ltd), Vijitha Bandara (Director – DIMO), Chaminda Prabhath (MD/ CEO - HNB Finance Ltd), R M P Dayawansa (DGM - SME & Leasing - HNB Finance Ltd), A H M Aziz (Chief Manager - Corporate Leasing & Business Development - HNB Finance Ltd), Chamara Mallawarachchi (Chief Manager – Legal - HNB Finance Ltd), Rangana Shamil (Senior Manager, Leasing - HNB Finance Ltd), Udara Gunasinghe (Senior Manager – Marketing - HNB Finance Ltd), Lakmal Wijayagunarathna (Assistant Manager – Leasing - HNB Finance Ltd)

February 24, 2019
IIT-Campus-1280x859.jpg

6min0
Informatics Institute of Technology (IIT), the pioneer in British higher education in Sri Lanka and the country’s premier IT and Business campus, is offering over 100 fully-sponsored scholarships to students through their InfoSchol programme. InfoSchol, a brainchild of Dr. Gamini Wickramasinghe – Founder and Chairman of the Informatics Group, provides talented students from across Sri […]

February 21, 2019

4min10
‘Flower People’ by COCO presents a dreamy floral fashion experience evocative of a Surrealist Garden Cotton Collection’s flagship brand ‘COCO’ has launched its ‘Spring 2019’ line, celebrating creation with feminine florals and petal soft pastels that take patrons on a fashion journey inspired by the new beginnings symbolized by the season. Aptly titled ‘Flower People’ […]

February 19, 2019

9min7
Sri Lanka’s post war era emerging investment banker Frontier Capital Partners – that transferred some of the country’s prominent group companies to conglomeration in the post war era from 2009 to 2019, in a decade has recently released a newly developed advanced Artificial Intelligence (AI) ChatBot assistant titled ‘TukBoy’. According to the company officials the […]

February 19, 2019
amana-bank.jpg

6min0
Amãna Bank, having paid its inaugural dividend payment in 2018, continued its profit momentum to end the year on a significant note, despite the challenging market environment. Profit Before Tax recorded LKR 902 million, reflecting a YoY growth of 22%. The PAT for the same period was up by 11% recording LKR 556 million, after […]

February 19, 2019
PLC-Merchants-who-tied-up-with-the-‘Gratitude-Loyalty-Card.jpg

5min5
People’s Leasing & Finance PLC (PLC), is the benchmark company in Sri Lankan leasing and non-bank finance sector affiliated to the People’s Bank. Recently PLC introduced ‘Gratitude’ Loyalty Card to its loyal customers at a function held at the PLC head office premises. The occasion was graced by Mr. Pradeep Amirthanayagam, Deputy Chairman, Directors of […]


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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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