November 24, 2020

5min1
Announces commitment to affordable trips and happy drivers Bolt, the leading European transportation platform committed to make urban travel easier, quicker and more reliable; announced its entry to the Sri Lankan market, with a pilot launch of its service in Colombo, on November 25, 2020 with over 2000 drivers ready to start accepting rides. Bolt […]

November 16, 2020

4min1
Kia’s all-new 2020 Sorento, as yet unseen on Sri Lanka’s roads, has won the illustrious German automobile prize ‘Das Goldene Lenkrad’ or the ‘Golden Steering Wheel’ awarded to new car models annually by the tabloids ‘Auto Bild’ and ‘Bild am Sonntag.’ The fourth-generation edition of the Korean nameplate’s flagship SUV defeated two premium brands, the […]

October 26, 2020

5min0
Ideal Motors Pvt Ltd and its subsidiary Ideal First Choice Pvt Ltd (part of the Ideal Group of Companies) have pioneered an insurance reward scheme free of charge, an industry first for vehicle owners who continue to avail services from both Ideal Motors and Ideal First Choice workshops. The Ideal Motors main workshop located in […]

September 20, 2020

6min1
The Sri Lanka Automotive Component Manufacturers’ Association recently announced that the Sri Lanka Government is actively seeking to promote automotive assembly with locally secured components, in order to boost the industry and create better job opportunities. The assembly of 100 vehicles will create more than 250 direct jobs and 100 indirect jobs. If 1000 vehicles […]

August 26, 2020

4min2
Seylan Bank partnered Ideal Motors, a fully owned subsidiary of the Ideal Group and the sole Authorized distributor for Mahindra Motor vehicles and motorcycles in Sri Lanka, to provide convenient leasing solutions for consumers looking to purchase Mahindra motor vehicles. Through this partnership, eligible customers who wish to purchase any Mahindra vehicles including motors cars, […]


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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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