November 14, 2024
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4min
SLT-MOBITEL Group has reported a Profit After Tax (PAT) of Rs. 1,093 million for Q3 2024, compared to a loss of Rs. 1,543 million for the same period last year, demonstrating a significant 171% turnaround in bottom-line performance. At company level, Sri Lanka Telecom PLC (SLT) also recorded a positive PAT of Rs. 932 million […]

November 13, 2024
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4min
Sampath Bank, in collaboration with the Department of Wildlife Conservation, Sri Lanka Air Force, Sri Lanka Navy, Police Life Saving Unit, Department of Oceanography and Marine Geology, Faculty of Fisheries and Marine Services & Technology, University of Ruhuna, successfully hosted its fourth coral restoration project at Marble Beach, Trincomalee, recently under the ‘A Breath to […]

November 13, 2024
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5min
Consolidated revenue of Rs. 30.1 billion, up by 6.8% Healthcare revenue up 16.6% YoY to Rs.16.1 billion Consumer records revenue of Rs.9.7 billion, down 0.3% YoY November 12, 2024: Continuing its resilience in robust growth, diversified conglomerate Sunshine Holdings PLC (CSE: SUN) posted consolidated revenue of Rs. 30.1 billion for the six months ending 30 […]

November 13, 2024
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4min
13, November 2024, Colombo: As families across Sri Lanka gather in celebration, Seylan Cards, the Essential Card for Heartfelt Essentials, is launching an exclusive Christmas campaign. This season, Seylan Bank is offering a range of special deals for Cardholders through partnerships with leading merchants across the country, helping customers create unforgettable memories. Running from November […]

November 13, 2024
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5min
HNB Toastmasters Club (TMC), one of the leading corporate clubs in District 82, hosted its 21st Club Officer Installation Ceremony on November 1st, 2024, at HNB Towers.   The spectacular event, themed ‘Pirates of the Caribbean’, featured a vibrant showcase of artistic talents from staff and club members, including various performances and musical acts that […]

November 13, 2024
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17min
The modern consumer demands instant, mobile-friendly banking products and is ready to switch service providers to get them. Consumer preferences like these are reshaping the financial landscape, and yet many established banks struggle to keep pace. Why? It’s often down to outdated legacy systems such as card-issuing systems that weren’t built for today’s convenience-driven environment. […]

November 13, 2024
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6min
The International Convention on Quality Control Circles (ICQCC) 2024, organized by the Sri Lanka Association for the Advancement of Quality and Productivity (SLAAQP), concluded successfully on November 11-13, 2024, at the BMICH and Mount Lavinia Hotel in Colombo. The three-day convention, held under the theme “Beyond Boundaries: A Quest for Quality,” highlighted Sri Lanka’s commitment […]


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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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