May 28, 2020

2min0
Seylan staff contribute a days’ salary Seylan Bank, the Bank with a Heart, has extended its support towards constructing a fully equipped Intensive Care Unit (ICU) at the Colombo East Base Hospital – a major service provider in the treatment of COVID-19 patients. The new ICU serves to enhance the Hospital’s capacity to secure the […]

May 27, 2020

6min1
IT Gallery Computers Private Limited, Sri Lanka together with Hangzhou Hikvision Digital Technology Co. Ltd, China, recently donated a Hikvision Temperature Screening Thermographic camera to the Airport and Aviation Services (Sri Lanka) Ltd in an effort to help identify people with abnormal body temperatures. The donation took place at the chairman’s office of the airport […]

May 26, 2020

4min1
Despite the challenges of the Covid-19 in terms of the consumer demand management, the local dairy industry leader, Pelwatte, has taken measures to ensure that the local consumers are provided with uninterrupted access to the brand, through an established delivery framework, in the curfew instilled districts. In the Sri Lankan context, the estimated annual demand […]

May 21, 2020
Commercial-Bank.jpg

5min0
Announces across-the-board reduction of rates encompassing all categories of loans, leases, pawning and OD facilities The Commercial Bank of Ceylon has announced a reduction of lending rates across the board in response to the present needs of individual and corporate borrowers and in line with the downward trend of interest rates in Sri Lanka. Effective […]

May 20, 2020

1min0
In response to COVID-19, Cathay Pacific has implemented a number of measures to safeguard the wellbeing of its passengers and crew. The airline has introduced face coverings for additional protection onboard and in situations where passengers cannot maintain physical distance of two meters from others, or as directed by airline employees.   Effective immediately, all […]

May 16, 2020

9min0
Impairment charges for Q1 surge to Rs 6.54 bn. Deposits grew by Rs 51.33 bn. to Rs 1.10 Tn. Advances grew by Rs. 28.74 bn. to Rs. 949.2 bn. Healthy growth in business volumes and an extraordinary contribution from other income, before the slowdown attributed to the COVID-19 pandemic, have enabled the Commercial Bank of […]


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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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