February 19, 2020

7min4
WERK, Sri Lanka’s first online woman-centric professional network, was launched amidst much anticipation on Saturday, 15 February at Hatch in Colombo. The well-attended event brought together invitees from various stages in their respective professional lives, paving the way for a promising line-up of projects from the new online platform. Empirical -and considerable microeconomic- evidence from […]

February 19, 2020
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5min2
Over the past few years, technologies such as blockchain have gained traction in the tech industry, and discussions have travelled into several fields. Blockchain holds a revolutionary promise to reshape industries across the border. For the insurance industry, such technologies hold the promise of explosive growth upwards of US$ 375 billion. Foreseeing its revolutionary potential, […]

February 19, 2020
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6min0
Colombo Fashion Week introduces a first-of-its-kind audit system, the Responsible Meter, where every garment presented on the ramp will have a Responsible score making it accountable and transparent. Responsible Meter as it is called was developed in association with the Responsible Fashion Movement (RFM). A special panel appointed by CFW and RFM, trained and briefed […]

February 18, 2020
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15min3
Supination and pronation are parts of a stride. Supination occurs when weight is placed on the outside of the foot while walking or running. When the opposite happens, and a person shifts their weight from the heel to the forefoot, it is termed pronation. Excessive supination (underpronation) and excessive pronation (overpronation) can cause problems with […]

February 14, 2020
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4min0
Cementing its presence as the most preferred mobile service provider among youth, Airtel Lanka recently announced ‘Data Double, Awasi Double’ the telco’s latest package which provides double data benefits. The new offer aims to provide users with maximum value by delivering 100% extra data on Rs. 99 recharges via the ‘My Airtel’ App. Designed to […]

February 14, 2020
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5min0
Sunshine Healthcare, part of the diversified conglomerate Sunshine Holdings PLC, looks to foster important and timely dialogue about the causes, complications and treatments associated with Diabetes amongst all Sri Lankans. Appropriately themed ‘Seeni Maru’, a clever vernacular double entendre meaning that sugar is both sweet and great as much as it can be deadly, the […]

February 14, 2020
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3min1
The Sri Lankan multinational Haycarb PLC reported revenue of Rs. 17.6 billion and profit before tax of Rs. 1,578 million for the nine months ending 31st December 2019. The profit after tax stood at Rs. 1,275 million. Haycarb PLC Managing Director, Mr. Rajitha Kariyawasan said, “the growth in turnover and profitability is attributable to the […]

February 14, 2020
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1min0
From Greta Thunberg being Emotet’s Person of the Year to the malware inviting you to a malicious Christmas party, Emotet is routinely among the most problematic and widely distributed malware families that Sophos researchers encounter daily. Over its five-year life, Emotet has evolved from a Trojan that silently steals victims’ banking credentials into a highly […]


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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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