May 8, 2025
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3min65
Channel 17 (CH17), Sri Lanka’s pioneering loyalty and rewards management company, proudly announces its strategic tie-up with Singapore-based One World Duty Free (ODF)—a premier retail destination at The Mall, Port City Colombo. This partnership brings an array of exclusive privileges to both CH17 Loyalty and Port City Colombo Privilege cardholders, redefining the downtown duty-free shopping […]

February 25, 2025
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5min30
Colombo, Sri Lanka, 25th February, 2025 – Port City Colombo, Sri Lanka’s first multi-service Special Economic Zone, recently hosted Lord Swire, Deputy Chairman of the Commonwealth Enterprise and Investment Council (CWEIC) to an exclusive session on the project’s attractive investment opportunities and economic potential within the South Asian regional sphere. He was accompanied by CWEIC […]

February 3, 2025
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3min33
Phoenix Industries, a leading household product brand in Sri Lanka, launched its innovative New Collection 2025 at Port City, Colombo, on 23 January, 2025. This latest collection continues Phoenix’s tradition of setting benchmarks in quality, style, and functional design. The Collection 2025 features six products designed for contemporary living, covering seating, storage, and household essentials. […]

October 3, 2024
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3min13
MillenniumIT ESP, leading Enterprise Solutions Provider in Sri Lanka, recently marked a significant milestone in its growth journey with the establishment of its Global Service Delivery Centre at Port City Colombo. This new centre, registered under the company’s subsidiary, Millennium IT ESP Singapore, will serve as the primary hub for delivering solutions to its growing […]

August 28, 2024
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4min12
Colombo, Sri Lanka, 29th August 2024 — Port City Colombo has achieved a significant milestone, on-boarding 100+ companies as Authorised Persons (AP’s), as of August 24th, 2024. These companies represent a diverse range of sectors identified to the Colombo Port City Special Economic Zone, including IT, Finance, Professional Services, Shipping, Logistics, Tourism, Healthcare, Real Estate […]

August 13, 2024
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3min25
Colombo, Sri Lanka, 13th August, 2024 – Port City Colombo has taken a further step towards establishing itself as a pivotal technology hub in the region by entering into a formal partnership with TRACE Sri Lanka – a leading organization that promotes collaboration, creativity, and entrepreneurship through technology and innovation across disciplines in Sri Lanka. […]

April 30, 2024

3min10
Colombo, Sri Lanka, 29th April, 2024 – In a significant move towards attracting export-oriented businesses to Port City Colombo, CHEC Port City Colombo (Pvt) Ltd, the primary developer of the project, recently entered into a partnership with the Sri Lanka Export Development Board (SLEDB). A memorandum of understanding (MoU) was signed between the two parties […]

March 28, 2024

2min9
Sysco LABS recently concluded its inaugural Tribal Karting Tournament held at the SpeedBay Circuit – Colombo Port City. The event showcased 8 tribes battling it out on the track for 3 exhilarating rounds of racing, culminating in a thrilling finale where the Florida Falcons emerged as undisputed champions, with the Texas Tigers and Ohio Orcas […]

December 13, 2023
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4min11
    Sri Lanka’s largest private sector bank, the Commercial Bank of Ceylon PLC was recently issued an Authorised Person (AP) license to offer offshore banking services within the Colombo Port City, the 269-hectare special economic zone (SEZ), tasked with establishing a premier multi-currency international business and financial services hub that will transform the country’s […]


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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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