June 24, 2021

5min6
  Fitch Ratings-Colombo-23 June 2021: The end of the suspension on Sri Lankan banks’ investments in international sovereign bonds (ISBs) issued by the Sri Lanka sovereign (CCC) has the potential to increase banks’ exposure to sovereign and foreign-currency funding and liquidity risks, says Fitch Ratings. Banks’ credit profiles are already significantly exposed to the sovereign, […]

June 22, 2021

1min6
Foreign Minister Dinesh Gunawardena and the UK Minister for South Asia and the Commonwealth, Lord Tariq Ahmad have agreed to explore avenues to boost bilateral ties, during a video call yesterday, Thursday, 17 June 2021. They welcomed the multifaceted nature of the bilateral engagement between Sri Lanka and the United Kingdom in a wide range […]

June 21, 2021

2min2
      China Sri Lanka Association for Trade and Economic Cooperation (CSLATE) was inaugurated on 15 June, 2021 at the Embassy of Sri Lanka. The objective of establishing CSLATE is to enhance the trade and investment cooperation between the two countries and ease the barriers faced by the Sri Lankan exporters. Two MoUs were […]

June 17, 2021

2min3
State Minister, Nimal Lanza said that 20,903 proposals have been received to the State Ministry of Rural Roads and Other Infrastructure for the road development project program launched in 14,022 Grama Niladhari Divisions with an allocation of Rs. 2 million for each Grama Niladhari Division. A sum of Rs. 2 million will be provided to […]

June 16, 2021

9min3
The Foreign Ministry regrets the adoption of a resolution on Sri Lanka in the European Parliament on 10 June 2021. The resolution entitled “The Situation in Sri Lanka, in particular the arrests under the Prevention of Terrorism Act”, contains factual inaccuracies, and does not take cognizance of the multifaceted progress made by Sri Lanka in […]

June 14, 2021
Delivery.jpg

3min6
Deputy Director General of Noncommunicable Diseases Unit, Dr. Champika Wickramasinghe stated that due to the prevailing pandemic situation and travel restrictions, people can get their medicine delivered home by post through calling the hospital they normally receive their medicine and giving the clinic number and home address. She stated this while participating in a media […]

March 15, 2021

2min1
    Colombo, Sri Lanka, March 14, 2021 – Facebook has launched Instagram Lite in Sri Lanka in order to provide access to all users, irrespective of the device, platform and network they are on. This lightweight version of the Instagram app for Android uses minimal data, similar to Facebook Lite. Built using Bloks technology, […]


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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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