November 21, 2024
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4min
The bustling Nittambuwa town is to be the latest location to receive a purpose-built eco-friendly branch building of Ceylinco Life, as Sri Lanka’s life insurance leader continues the greening of its operations across Sri Lanka. Ceylinco Life Chairman Mr R. Renganathan, Managing Director/CEO Mr Thushara Ranasinghe, directors and senior management were in Nittambuwa recently for […]

November 21, 2024
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4min
Prominent early-stage venture capital firm, nVentures, has announced the successful exit of its portfolio company, Kaiju Labs, which was acquired by KAST Finance. The transaction delivered a 2X multiple on invested capital (MOIC) for nVentures, coupled with a 48.6% internal rate of return (IRR). nVentures was the first investor in Kaiju Labs, which has emerged […]

November 21, 2024
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5min
In Sri Lanka’s dynamic food industry, a blend of tradition and innovation is fueling the success of food businesses both old and new. Businesses leaning over their long-standing heritage rely on loyal customers while new emerging businesses rely on innovation to attract first-time customers. With consumer demands evolving and the variety of available choices ever-expanding, […]

November 21, 2024
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2min
Nippon Paint has once again stepped up to encourage Sri Lanka Cricket as the Associate Sponsor of the Sri Lanka – New Zealand 2024-25 ODI Series. “It is our consistent policy at Nippon Paint Lanka to encourage sports in Sri Lanka,” said Nemantha Abeysinghe, General Manager. “Cricket being the national passion in Sri Lanka, we […]

November 21, 2024
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5min
The year 2024 marked a monumental chapter in the history of Royal College Water Polo. Commanding dominance in the Sri Lankan schools’ water polo arena, the Tuskers swept all five major titles at the U19 level, capped by their crowning achievement—the Dr. R.L. Hayman Trophy—at the 31st encounter with S. Thomas’ College. This historic season […]

November 21, 2024
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5min
Janashakthi Life is excited to announce exceptional success of ‘Nidahas Adahas,’ a groundbreaking initiative that captured the imagination of young artists across the island. With an impressive 12,000 art submissions received, this programme highlights the extraordinary creativity and enthusiasm of youth while providing a powerful platform for emerging talent to shine. By celebrating the diverse […]

November 21, 2024
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3min
Sampath Bank proudly announces that its Managing Director, Ayodhya Iddawela Perera, has been awarded the Gold Award at the 14th Top50 Professional & Career Women Global Awards 2024, recognising her outstanding contributions to Sri Lanka’s finance and banking sector. Presented recently during the awards ceremony at the Sheraton Imperial Hotel in Kuala Lumpur, Malaysia, this […]


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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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