August 20, 2020

5min1
HeiQ Viroblock technology proven to be effective against SARS-CoV-2 (Covid-19)* Velona, a leading brand in the hygiene and clothing segment in Sri Lanka recently introduced the Velona Protect antiviral mask manufactured with HeiQ Viroblock NPJ03 technology which is among the first technologies in the world to be proven effective against SARS-CoV-2 (COVID-19)*. HeiQ Viroblock NPJ03 […]

August 20, 2020

3min0
COLOMBO, Sri Lanka — Classic Travel, the IATA accredited subsidiary of Expolanka Holdings PLC, entered into a strategic partnership with leading digital healthcare solutions provider and Dialog-backed MyDoctor in a bid to ensure the safety of its travellers as the sector shifts to a new normal. Classic Travel will be the first travel agent in […]

August 20, 2020

13min0
Pandemic concessions affect income Net interest income & Net fee and commission reduce by Rs 2.130 billion Impairment charges grow by 67.56% – up by Rs 3.735 billion Capital gains and exchange profits increase by Rs 6.744 billion The Commercial Bank of Ceylon Group has reported mixed results for the first half of 2020, with […]

August 20, 2020

3min0
Seylan Bank locations across Sri Lanka to provide Western Union Money Transfer Services Western Union, a leader in cross-border, cross-currency money movement and payments, today announced a collaboration with Seylan Bank, enabling receivers in Sri Lanka to connect to their loved ones around the world. Customers in Sri Lanka can now receive money at over […]

August 20, 2020

6min0
Atlas Axillia Co. (Private) Limited, Sri Lanka’s largest and most respected manufacturer and marketer of stationery and school supply products, plays an integral role in the learning journeys of over 4 million kids in Sri Lanka. As a result of this deeply intertwined relationship with the children of Sri Lanka, Atlas has entered into a […]

August 20, 2020

4min0
The Hayleys Group remained resilient amidst unprecedented challenges to record a pre-tax profit of Rs.1.17 billion in the first quarter of the financial year compared to a profit of Rs.285.26 million in the corresponding quarter of last year. The improvement in profitability reflects the strong performance of the Group’s export-oriented businesses and ongoing focus on […]


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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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