October 26, 2021

4min13
    The agreement establishes a framework for both institutions to collaborate with the aim of financing eligible transactions in targeted countries sponsored by the private sector or non-sovereign backed projects NAIROBI, Kenya, October 26, 2021/ — The Eastern and Southern African Trade and Development Bank (TDB) and the Islamic Corporation for the Development of the […]

October 26, 2021

7min4
      COLOMBO, Sri Lanka, October 2021: Sadaharitha Plantations Ltd, the pioneer in the green investment sector and the leader in commercial forestry in Sri Lanka launched a Facebook campaign titled ‘Grantakalpana’ to highlight the significance of September – the literary month.   The campaign took place throughout the month of September, fostering reading practices […]

October 26, 2021
CSE_Logo-_2018_-English-1.jpg

2min1
Initial Public Offering (IPO) of Lanka Credit and Business Finance Limited, through an Offer for Subscription of up to 75,000,000 Ordinary Voting Shares in the first instance, and a further 50,000,000 Ordinary Voting Shares at the option of the Board of Directors at Rs. 4.00 per share, which opened today (26th October 2021) was oversubscribed […]

October 26, 2021

7min5
      October 26th, 2021: Sri Lanka’s leading private healthcare provider Hemas Hospitals continues to champion standards for patient safety in Sri Lanka, with their comprehensive, end-to-end safety protocols. This World Patient Safety Day, both Hemas Hospitals Wattala and Thalawathugoda marked the day with a series of impactful activities, including an engaging webinar lead […]

October 26, 2021

5min3
      Having attracted US $ 20 million investment from a Scandinavian private equity company and acquired Norway-based Seeds Consulting AS to increase its presence in Europe, technology company 99x is now gearing to power this global growth with an expansion in talent in Sri Lanka. Despite the challenges of 2020, it was a […]

October 26, 2021

3min20
    Colombo, Monday 25th October 2021: SyTrans Global (Pvt) Ltd, the latest logistics company to enter the transportation industry in Sri Lanka, opened its first branch office in Trincomalee on 1st September 2021. The opening of this new office coincides with SyTrans’ latest project to transport Prima Ceylon’s wheat by-product range from Trincomalee to […]

October 26, 2021

5min51
      APO Group produces and distributes broadcast-quality content for some of the most prominent sporting organizations active in Africa JOHANNESBURG, South Africa, October 26, 2021/ — APO Group (www.APO-opa.com), the leading Pan-African communications consultancy and press release distribution service, is delighted to announce a multi-year strategic partnership with the South African Broadcasting Corporation (SABC) […]

October 26, 2021

6min10
    Promising public-private partnership to power agricultural revolution in the country Sri Lanka Foundation Institute, Colombo (October 26, 2021): Colombo Commercial Fertilizers Ltd. entered into a Memorandum of Understanding (MoU) with Polish venture capital firm Regina Purpurea Fundus today, to establish preliminary parameters to form a joint venture for an organic fertilizer manufacturing operation […]


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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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