April 1, 2024
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4min
April 2024; Colombo, Sri Lanka: Global technology services provider NCINGA has appointed Fakhruddin Ahmed as the Managing Director of Bangladesh in its latest strategic move. Fakhruddin’s impressive career spans 20 years in the ICT industry. As the former country head of Cisco, he was instrumental in establishing Cisco’s presence in Bangladesh. In addition to spearheading […]

March 1, 2024
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4min
The World Bank Managing Director for Operations Ms. Anna Bjerde concluded her first visit to Bangladesh on 25 February 2024 Sunday. She reiterating the World Bank’s strong support to help Bangladesh achieve its vision of upper-middle income status by 2031. She underscored that deep macroeconomic and financial sector reforms are needed urgently to sustain inclusive growth. […]

February 26, 2024
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3min
Associated Motorways (Private) Limited (AMW), a key player in Sri Lanka’s automotive industry, is pleased to announce Mr. Andre Bonthuys as its new Group Managing Director. Established in 1949, AMW initially focused on tire manufacturing, re-treading, and exports. Over 75 years, it has expanded into automotive sales and services, lubricants, batteries, tires, and financial services. […]

November 15, 2023
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5min
      2nd runner-up for the Best Entrepreneur of the Year (WP) Gold award for the best service sector enterprise in the large sector category Marlon Ferreira, the founder and managing director of Exterminators PLC and Sentario UK Limited, has been recognised for his outstanding entrepreneurship at the Sri Lankan Entrepreneur of the Year […]

May 31, 2023
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5min
      31st May 2023, Colombo: Serendipity came to the fore in the case of Herman Somasundaram – CEO, Future.i, and Trishan Satyadheva – Managing Director – Nabco UK, whose decades-old friendship as classmates transformed into a strategic business partnership after the two entrepreneurs discussed a business proposition between Nabco UK and Future.i. This […]

May 31, 2023
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4min
      A new Managing Director was appointed to the Sri Lanka Ports Authority (SLPA) by Hon.Mnister of Ports, Shipping and Aviation – Nimal Siripala de Silva today (29.05.2023). Accordingly, in a remarkable career progression, Mr. Prabath J. Malavige, a distinguished Senior Port Management and Logistics Professional, has been promoted to the esteemed position […]


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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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