February 27, 2024
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14min
In today’s “digital-first” world, industries globally are continually having to transform and adapt to maintain their competitive edge and meet customer expectations, reshaping the way we live, work and interact. From finance to agriculture, education to entertainment, the digital revolution has touched every aspect of our lives, presenting both challenges and opportunities for businesses across […]

February 15, 2024
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7min
Minister of Agriculture Dr. Md. Abdus Shaheed said 3-4% foreign exchange is earned by exporting raw jute and jute products, which is worth US$ 1.20 billion. The jute sector contributes 1.4% to the country’s GDP and the jute sector contributes 26.26% to the agricultural GDP. Jute is the second most important fiber in the world after cotton. The Agriculture minister said […]

January 10, 2024
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4min
10 January 2024, Colombo – The Food and Agriculture Organization of the United Nations (FAO) and the United States through the United States Agency for International Development (USAID) have partnered with the Sri Lanka Ministry of Agriculture in a (US) $9.2-million activity to continue revitalizing agriculture in Sri Lanka by enhancing paddy productivity, diversifying crops […]

January 9, 2024
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2min
Malindu Dairy (Pvt) Ltd., a leading dairy product manufacturing company in Sri Lanka was honoured as Southern Province’s Best Entrepreneur in Agriculture, Livestock and Fisheries Category (Large Scale) by the National Enterprise Development Authority (NEDA). At a recent event organised by the NEDA in partnership with Hambatota District Chamber of Commerce (HDCC), Malindu Dairy’s Managing […]

December 22, 2023
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4min
      On October 2019, Sri Lanka in partnership with the United Nations Environment Programme embraced the Colombo Declaration under the title Nitrogen for Life, adopted by 15 member states, to create roadmaps that will halve nitrogen waste by 2030. This was further reaffirmed when Sri Lanka with the support of the International Nitrogen […]

October 31, 2023
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5min
      Colombo, Sri Lanka November 2023 – Good Life X, a catalyst dedicated to fostering innovation and regeneration, together with GIZ Sri Lanka and the EU, hosted the Road to Regen Interchange Community Event recently at the picturesque and consciously minded, Barefoot Garden Cafe. The event celebrated the culmination of the ‘Road to […]

October 26, 2023
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4min
      DIMO, a leading diversified conglomerate in Sri Lanka, once again affirms its commitment towards innovation in agriculture with the launch of the country’s first boat tractor, the Bison through its agriculture arm, DIMO Agribusinesses. The Bison Boat Tractor stands out as the only tractor suitable for any paddy field. What sets this […]

October 19, 2023
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4min
      Siyapatha Finance PLC, a fully- owned subsidiary of Sampath Bank PLC, a leading financial institution dedicated to empowering local businesses and individuals across the nation, is proud to announce a Memorandum of Understanding (MOU) with Hayleys Agriculture Holdings Limited. This landmark partnership marks Siyapatha Finance’s foray into agricultural machinery financing, enhancing its […]

October 18, 2023
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6min
      COLOMBO, 17 October 2023 – The Food and Agriculture Organization of the United Nations (FAO), together with the International Fund for Agricultural Development (IFAD) and the United Nations World Food Programme (WFP), marked World Food Day by calling for urgent action towards sustainable and climate-resilient agriculture in Sri Lanka. In a 2021 […]


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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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