August 2, 2019
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3min0
A fully-owned subsidiary of Redline Capital, Tergo Auto Care opened its state-of-the-art auto care and vehicle detailing center in Pamankada, Colombo 6 today. The opening ceremony was graced by Director of Nawaloka Holdings Harshith Dharmadasa. The event was also attended by Managing Director of Redline Capital Chandula Perera, Directress Givanthi Dharmadasa and many other vehicle […]

July 15, 2019
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3min1
Sri Lanka’s leading multi-brand workshop, Ultimate Motorworks Ltd (UMW) announced a drastic expansion to its ability to provide specialized auto servicing solutions for the entire spectrum of BMW vehicles flowing from its landmark acquisition of BMW servicing specialist Bavarian Auto Services (BAS). Backed by a collective seven years of intensive domestic market expertise, UMW will […]

July 10, 2019
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4min0
Carmart (Pvt) Ltd, the sole manufacturer authorized importer/distributer in Sri Lanka for the world-renowned European vehicle brand Peugeot, ceremonially handed over the keys to the latest Peugeot 5008 SUV to the Ambassador of France to Sri Lanka and the Maldives, His Excellency Eric Lavertu. The ceremony was held at the Peugeot Blue Box showroom in […]

July 10, 2019
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3min0
Plans to build similar showrooms across the island Ideal Group of Companies, an automotive after-market service provider focusing on premium segment of automotive brands in OEM markets,opened the first-ever eco-friendly Mahindra showroom in Sri Lanka in the city of Trincomalee. The showroom was ceremoniously declared open by Nalin Welgama – Chairman of the Ideal Group, […]


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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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