June 4, 2025
Alastair-Corera-Chairman_Non-Executive-Independent-Director_CDB-1.jpg

6min13
Citizens Development Business Finance PLC (CDB) has announced a historic performance for FY 2024/25, delivering record-breaking results and reinforcing its strategic ascendancy as a key contributor to Sri Lanka’s economic revival and inclusive development. As the nation emerges from crisis into resurgence, CDB has demonstrated not only resilience, but leadership, translating macro-recovery into transformative, real-economy […]

June 2, 2025
Alastair-Corera-Chairman_Non-Executive-Independent-Director_CDB.jpg

6min24
Citizens Development Business Finance PLC (CDB) has announced a historic performance for FY 2024/25, delivering record-breaking results and reinforcing its strategic ascendancy as a key contributor to Sri Lanka’s economic revival and inclusive development. As the nation emerges from crisis into resurgence, CDB has demonstrated not only resilience, but leadership, translating macro-recovery into transformative, real-economy […]

May 30, 2025
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4min22
SDB bank reported a resilient performance in the first quarter of 2025, underscoring the Bank’s commitment to steady progress, stakeholder value, and long-term sustainability. Despite industry-wide challenges and an ongoing recalibration of funding structures, the Bank remained firmly focused on financial stability, operational efficiency, and inclusive banking solutions. The Bank recorded a Profit After Tax […]

May 16, 2025
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5min30
Teejay Group, Sri Lanka’s first multinational textile manufacturer delivered a remarkable financial performance by posting a Profit After Tax of LKR 2.8 billion marking a substantial 152% year-on-year growth during the year ended 31st March 2025. The strong bottom-line performance was driven by the rapid execution of strategic initiatives, effective cost optimisation and Teejay’s ability […]

April 11, 2025
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8min43
Kaspersky today announces its financial results for 2024, throughout which the company showed robust performance, marked by an 11-percent increase in sales, which hit an all-time record and amounted to USD 822 million. In 2024, Kaspersky increased its business prosperity by further enhancing its solution portfolio and growing its business in markets with favorable environments. […]

April 7, 2025
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5min34
A Landmark Achievement in India–Sri Lanka Maritime Partnership Editor’s Synopsis The first fully automated terminal in Colombo Port is now operational, setting new standards in reliability and performance. The Colombo West International Terminal (CWIT) will significantly enhance Colombo Port’s capacity and ease congestion, boosting overall efficiency. The CWIT project is expected to generate employment and […]


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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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