March 25, 2024
Image-LBN.jpeg

4min
March 18, 2024: Sri Lanka’s leading diversified agribusiness company, Watawala Plantations PLC, announced a Rs. 1.86 million investment towards the installation of a dedicated electricity transformer, ensuring reliable power for Nakiyadeniya’s residents and its palm oil mill. The installation of the new transformer will help to reliably cater to growing demand for electricity for both […]

October 2, 2023
Image-01-LBN-1.jpeg

4min
      Watawala Plantations PLC (CSE: WATA), Sri Lanka’s leading diversified agribusiness company, marked a significant milestone in the country’s agricultural landscape with the opening of its state-of-the-art cinnamon processing centre in Udugama, Galle. Completed with an investment of LKR 90 million, this facility is one of the largest cinnamon processing centre’s in Sri […]

September 21, 2023
tea-harvest-2132767_1280-LBN.jpg

4min
      September 21, 2023:  Sunil Wijesinha, Chairman of Watawala Plantations PLC, has been honoured with the prestigious ‘The Order of the Rising Sun’ by the Government of Japan. This esteemed decoration was conferred upon him for his remarkable and enduring contributions to enhancing the Japan-Sri Lanka relationship. Established in 1875 by Emperor Meiji, the […]

July 13, 2023
Image-02-LBN-3.jpg

6min
      Implements SAP Business One ERP solution and plantation digitization product iHarvest   Further accelerating digital transformation capabilities across the organization, Sri Lanka’s leading diversified agribusiness company Watawala Plantations (CSE:WATA) announced that the company had implemented SAP Business One HANA Enterprise Resource Planning (ERP) platform and iHarvest, a home-grown plantation digitalization product.     […]

June 30, 2022
Image-03-min-LBN-Fill.jpg

5min
          Colombo, June 29th, 2022: In celebration of World Environment Day 2022, Watawala Plantations PLC (WPL) organized a series of vibrant activities at the Thalangaha Estate in Galle to raise awareness of the vital importance of protecting and preserving the environment. Inspired by this year’s global #OnlyOneEarth campaign, WPL’s impactful activities […]

December 20, 2021
Webp.net-resizeimage-109.jpg

4min
  Watawala Plantations PLC (WPL) announces the opening of its newly built, fully-equipped Intensive Care Unit (ICU) at the Udugama Base Hospital in Galle District under the guidance of the Ministry of Health. The project, led by Watawala Plantations PLC and supported by Tata Communications Lanka Ltd, will launch to the public at an auspicious […]

September 20, 2021
Image-5.jpg

6min
      September 19, 2021: Affirming their deep-rooted commitment to sustainability, Sri Lanka’s leading diversified agribusiness company Watawala Plantations PLC (WPL), is strongly pushing for change within the industry with strong efforts to promote encourage sustainable agriculture practices. With the steep rise in pressing environmental challenges across the globe, the company doubled down on their […]

May 7, 2021
Image-01-5.jpg

5min
      Donates a dispensary and Montessori under ‘Watawala Kalana Mithru’ initiative for people in Kotelawala Village, Udugama May 2, 2021: Further committing to its social and economic development initiatives in the Southern Province, Sri Lanka’s diversified agribusiness company Watawala Plantations PLC (CSE: WATA) recently handed over a dispensary and a modern, fully equipped […]

October 5, 2020
Healthcare-and-Consumer-Goods-drive-Sunshine-Holdings’-rapid-top-line-growth-in.jpg

7min
Watawala Plantations PLC (CSE: WATA), Sri Lanka’s leading diversified agribusiness company, has reached the next milestone in its development of sustainable oil palm plantations, achieving the Roundtable on Sustainable Palm Oil (RSPO) certification for the palm oil mill and concessions in Galle District. The momentous recognition makes WATA the first plantations company in South Asia […]


About us

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.




Follow Us


Newsletter