January 20, 2025
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5min16
Employees of Lumala City Cycle Industries Manufacturing Pvt Ltd are calling for urgent government intervention as their company faces an unprecedented crisis that threatens to shut down one of South Asia’s leading bicycle manufacturers. Located at Panadura, Lumala has played a pivotal role in Sri Lanka’s industrial sector for over five decades, yet escalating costs […]

February 19, 2024
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3min7
In a sustained commitment spanning over three decades, City Cycle Industries Manufacturing (Pvt.) Ltd., better known as Lumala, has consistently led the eco-friendly innovation charge in Sri Lanka’s bicycle industry. Lumala’s dedication to sustainability is evident across its wide range of products, which includes everything from robust mountain bikes for adventure seekers to efficient city […]


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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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