July 29, 2024

7min8
Maharaja Foods Limited, marked a significant milestone on 26th July 2024, becoming the first woman-owned enterprise in the agribusiness sector with roots in the northern province, to list its shares on the Empower Board of the Colombo Stock Exchange (CSE). The Board is dedicated to facilitating efficient global capital raising for small and medium-sized companies […]

June 12, 2024
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6min17
June 5, 2024: Lankem Agro, the agribusiness company of the diversified conglomerate Lankem Ceylon PLC, announced a transformative initiative to celebrate World Environment Day on June 5th, followed by a tree-planting program. This ambitious effort underscores Lankem Agro’s dedication to environmental stewardship and food security, aligning with its core values and long-term sustainability goals.   […]

May 31, 2023
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5min0
      COLOMBO, Sri Lanka – Sri Lankan floral company Lassana.com (Pvt.) Ltd. will pilot an innovative agribusiness model with a three-pronged approach to reduce the cost of climate adaptation technologies and post-harvest losses in vegetable farming using a grant from the United States Agency for International Development (USAID). Lassana.com will use the $162,000 […]

July 21, 2022
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5min1
        The nation’s leading dairy producer, Pelwatte who is also an active member of the Smallholder Agribusiness Partnership Program (SAPP) which is a small scale agribusiness partnership program implemented with the Ministry of Agriculture, Democratic Socialist Republic of Sri Lanka.  The goal of this program is to help uplift the lives of […]

March 22, 2022

6min5
          COLOMBO, Sri Lanka, March 2022: Pelwatte, the nation’s leading dairy producer is an active participant of the Smallholder Agribusiness Partnership Program (SAPP) which is a small scale agribusiness partnership program implemented with the Ministry of Agriculture, Democratic Socialist Republic of Sri Lanka. Through this project, the company hopes to improve the livelihoods of dairy […]

March 1, 2022
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5min0
        Colombo, Sri Lanka/Malé, Maldives, March 1, 2022—IFC has appointed Lisa Kaestner as the new Country Manager for Sri Lanka and Maldives. Based in Colombo, Kaestner will focus on diversifying and growing IFC’s portfolio while helping strengthen private sector in both countries and promoting inclusive growth. The appointment was announced by IFC’s […]

February 8, 2022
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3min2
        February 8th, 2022: Sunshine Holdings (CSE: SUN) announced the appointment of Sudarshan Jain to the Company’s Board as Independent Non-Executive Directors with effect from 03rd February, 2022. With the new appointment, the Board of Sunshine Holdings will be comprised of nine Directors, six of which are non-executive, independent directors. Sudarshan Jain, […]


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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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