December 19, 2020

5min5
      Combines advancements in low-cost spectral imaging with artificial intelligence systems Offers molecular-level quality control of produce across entire value chain Enables optimization of fertilizer, pesticide, weedicide usage, prediction of yields, quality Already filed for tech patents globally Spectrify AI, a part of VeracityAI Sri Lanka’s fastest going AI company announced the launch […]

December 19, 2020

5min0
      Legal luminary Justice K. Sripavan and top academic Prof. A. K. W. Jayawardane to head Board of Sri Lanka’s benchmark private bank The Commercial Bank of Ceylon PLC has announced the appointment of former Chief Justice Kanagasabapathy Sripavan as Chairman and senior academic Prof. A. K. W. Jayawardane as Deputy Chairman with […]

December 18, 2020

5min0
    Building blocks for empowering a Smart Sri Lanka at core of business strategy A pioneering trailblazer in the financial services industry, Citizens Development Business Finance PLC (CDB), which now stands among the Top Five Largest NBFIs in the country, added to its significant collective of accolades by being recognized within the Business Today (BT) […]

December 18, 2020

4min1
Spectra Integrated Logistics (Spectra), the country’s premier logistics company and a joint venture between Hemas Transportation and GAC Sri Lanka, emerged winner for ‘Outstanding Inland Container Depot- Import Category’ and also a nominee in the Export Category at the ICS Customer Service Awards 2020. Held by the Institute of Chartered Shipbrokers (ICS- UK) Sri Lanka […]

December 18, 2020

10min3
21 Emerge X startups from 14 countries pitched their ideas at the Emerge X Regional Pitching Competition with Sri Lankan startup Agrithmics identified as one of the four top startups in the whole region COLOMBO, SRI LANKA — Four startups from Vietnam, Philippines, Sri Lanka and Singapore are winners at Microsoft’s inaugural Emerge X Regional […]

December 18, 2020
Photo-01-Managing-Director-Renuka-Holding-PLC-Mr.-S.-V.-Rajiyah.jpg

3min1
Over subscription cements investor confidence Colombo. 17th December 2020. Renuka Holdings PLC’s rights issue concluded on the 16th of December raising 1.082 Bn, higher than the required 1.03 Bn for complete subscription of the offer signaling strong investor confidence. This Rights Issue was carried out via online channels facilitated by the Colombo Stock Exchange. The […]

December 18, 2020

10min6
Under the strategic collaboration, vivo and ZEISS will co-engineer an imaging system for vivo’s premium smartphones, starting with the upcoming vivo X60 series The companies have unveiled plans to establish a joint R&D program – vivo ZEISS Imaging Lab – and will launch a “vivo ZEISS Master Photography” campaign COLOMBO / Sri Lanka, Dec. 17, […]

December 18, 2020
CSE-SriLanka-1.jpg

8min0
      The Colombo Stock Exchange (CSE) announces the following changes in S&P Sri Lanka 20 index constituents made by S&P Dow Jones Indices at the 2020 year-end index rebalance. The exclusions and inclusions as announced by S&P Dow Jones Indices, effective from 21st December 2020 (after the market close of 18th December 2020) […]


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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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