May 23, 2019
The-Safe-Labour-Migration-Campaign-goes-closer-to-the-public.jpg

3min0
Initiated by the Ministry of Telecommunication, Foreign Employment and Sports, in collaboration with the Sri Lanka Bureau of Foreign Employment, and supported by the Embassy of Switzerland in Sri Lanka, the campaign aims to encourage all citizens to make informed decisions and follow correct procedures for foreign employment by seeking proper guidance through reliable sources; […]

May 23, 2019
Huawei-1.jpg

2min0
Stock markets gained on Tuesday, with chipmakers and companies exposed to Asia among the best performers, after Washington temporarily eased trade restrictions imposed last week on China’s Huawei. In Europe, the broader Euro STOXX 600 climbed 0.6%, extending gains earlier in the trading session, with Germany’s DAX rising 1.1%, while France’s CAC 40 added 0.6%. […]

May 23, 2019
Mobitel-wins-3-Golds-2-Silver-awards-at-the-ACEF-Global-Customer-Engagement-Forum-Awards-in-India.jpg

5min0
Sri Lanka’s National Mobile Service Provider, Mobitel, walked away with five highly coveted awards at the prestigious ACEF Global Customer Engagement Forum, which took place recently at the Westin Hotel in Mumbai, India. The eminent panel of judges at the ACEF awards bestowed two Gold awards on Mobitel, in the Innovative Loyalty Program Category for […]

May 23, 2019
Softlogic-Life-looks-to-plant-a-greener-Sri-Lanka-through-‘Api-Thuru-Mithuru-project.jpg

4min0
Taking on the challenge of creating a greener Sri Lanka for future generations, the country’s fastest-growing life insurance provider, Softlogic Life, announced the launch of the ‘Api Thuru Mithuru’ sustainability project that aims to plant 100,000 trees. Utilizing specially-designed seeds in a special package, Softlogic Life’s aggressive replanting campaign aims to reverse the alarming damage […]

May 23, 2019
Chairman-Mohan-Pandithage-Co-Chairman-Dhammika-Perera.jpg

4min0
The iconic Sri Lankan multinational, Hayleys PLC, recorded outstanding growth in revenue and operating profits in the financial year ended 31st March 2019 (FY18/19). The Group revenue expanded by 34% YoY to Rs. 219 bn while operating profit before interest increased by 40% YOY to Rs.15.9 bn.  The Group Earnings Before Interest, Tax, Depreciation and […]

May 23, 2019
Trendy-Hub-brings-runway-fashion-to-flagship-store-in-Colpetty.jpg

3min1
Runway-ready label Trendy Hub opened its flagship outlet on Galle Road adjoining Aloe Avenue with a private reception on Tuesday, 21 May. The opening was attended by clients, friends and well-wishers with one of cricket’s most fashionable men- Mahela Jayawardena- as guest of honour. Trendy Hub takes its name seriously. The collections here find their […]

May 22, 2019
Sri-Lankans-have-high-awareness-of-e-commerce-platforms.jpg

5min7
LACK OF AWARENESS AND TRUST ARE KEY BARRIERS TO CONVERSION OF USERS TO PLACING ORDERS AND MAKING PAYMENTS ONLINE. BASED ON THE AFTERACCESS SURVEYS RECENTLY LAUNCHED IN SRI LANKA BY REGIONAL ICT POLICY THINK-TANK, LIRNEASIA. Sri Lankans have high awareness of e-commerce platforms Sri Lankan internet users had the highest level of awareness of e-commerce […]


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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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