August 27, 2024
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4min
27 August 2024, COLOMBO – In a bid to combat the escalating challenges posed by climate change, Sri Lanka has commenced the formulation of its first Climate-Smart Agriculture (CSA) Investment Plan. This landmark initiative, funded by the Green Climate Fund (GCF) and implemented by the Food and Agriculture Organization of the United Nations (FAO) in […]

July 25, 2024
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3min
Govi.ai, an award-winning Internet of Agriculture solution aimed at empowering the farming community, was recognised as the National 2nd Runner-up in the Best Innovative Product/Project in Agri-tech category at the Sri Lanka Association for Software and Services Companies (SLASSCOM) Ingenuity Awards 2024. govi.ai combines enterprise level technologies, such as an IoT (Internet of Things) platform, […]

June 4, 2024
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4min
May 31, 2024: Agriculture-rich diversified conglomerate CIC Holdings PLC (CSE: CIC) reported robust revenue growth amidst moderately stable macroeconomic conditions, reporting notable top- line growth during the year ended 31st March 2024. Group’s Crop Solutions, Agri Produce and Health and Personal Care sectors led growth, while the Crop Solutions segment remained the major contributor to […]

May 28, 2024
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1min
Ananda College thanks CIC for its support towards driving school’s home gardening initiatives  May 20, 2024: Agriculture-rich diversified conglomerate CIC Holdings PLC (CSE: CIC) recently celebrated its collaboration with Ananda College Colombo in fostering Sri Lanka’s future green leaders. At an event hosted by CIC at ‘Swastha by Link Natural’ experiential centre, Ananda College Colombo […]

May 8, 2024
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3min
Ministry of Agriculture and Plantation Industries and Unilever Sri Lanka recently entered into a Memorandum of Understanding (MoU) to develop the country’s first national and globally accepted standard for sustainable tea production. This first-of-its-kind initiative signifies a shared commitment to propel the Sri Lankan tea industry towards a more sustainable and ethical future.     […]

April 29, 2024
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4min
The financing aims at supporting the company to keep providing financial services to the agricultural sector, especially via their agricultural machinery leasing product. Brussels, Belgium & Sri Jayawardenepura Kotte, Sri Lanka – 25 April 2024 – AgriFI, the EU funded Agriculture Financing Initiative, managed by EDFI Management Company, announced today a USD 3 million loan […]

March 20, 2024
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3min
Contributing to the enrichment of Sri Lanka’s agriculture and strengthening the commitment to Environmental, Social and Governance (ESG), SLT-MOBITEL, the National ICT Solutions Provider, powered the 2nd phase of the Agri Saviya – Marketing Asseweduma initiative recently.     Aimed at transforming farmers into Agripreneur leaders of tomorrow, Agri Saviya acts as the lifeline in […]


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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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