May 14, 2020

3min0
People’s Bank has launched the Aswenna loan scheme, a unique product that is in line with the Government’s development programme to create a self-sufficient nation. The first Aswenna loans were ceremoniously handed over to the loan recipients by People’s Bank Chairman Sujeewa Rajapakse and Acting Chief Executive Officer / General Manager M.A. Boniface Silva at […]

May 14, 2020

4min0
Mastercard has announced the appointment of Rajesh Mani as the new Country Manager for Sri Lanka & Maldives. Rajesh took office earlier in March this year, succeeding Santosh Kumar, who has transitioned to another position within Mastercard. In his new role, Rajesh will bring over two decades of extensive background in the payments and fintech […]

May 14, 2020

2min0
Singer Finance (Lanka) PLC received a strong vote of confidence from investors with its recent Listed, Rated, Unsecured, Senior, Redeemable three year and five year, Rs. 1 billion debenture issue being oversubscribed. The subscription closed on Wednesday the 13th of May 2020. This Debenture issue is rated BBB (lka) by Fitch Ratings Lanka Limited.). Singer […]

May 14, 2020

13min0
Sampath Bank continued to demonstrate its commitment to offer the best possible service to its customers across the Country by maintaining all essential banking services without interruption amidst curfew restrictions imposed during the COVID-19 lockdown. Sampath Bank’s 429 ATMs, 448 Deposit Kiosk Machines (DKMs) and all 229 Branches when permitted remained fully operational during the […]

May 14, 2020

3min0
Further supporting the national efforts to combat COVID-19, Sunshine Healthcare Lanka Ltd—a fully-owned subsidiary of the diversified conglomerate Sunshine Holdings PLC—recently donated 100,000 hydroxychloroquine (HCQ) sulfate tablets (200mg), manufactured by Zydus Cadila—one of the leading pharmaceutical companies present in Sri Lanka— to the Ministry of Health by the staff of Sunshine Healthcare. The tablets, which […]

May 14, 2020

7min7
Today Facebook is publishing the fifth edition of their Community Standards Enforcement Report, providing metrics on how well they enforced their policies from October 2019 through March 2020. The last few years were spent building tools, teams and technologies to help protect elections from interference, prevent misinformation from spreading on their apps and keep people […]

May 14, 2020
ICASL-CA-SRI-LANKA.jpg

3min4
True to its calling as a responsible professional organization, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) has taken the lead to help professional accountants including Chartered Accountants navigate through the ongoing turbulent times as a result of the COVID-19 global pandemic. In fulfilling its duty as the National Body of Professional […]


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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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