September 26, 2024
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6min
The European Union (EU), with its vast market of over 448 million consumers, has always been a key destination for Sri Lankan apparel exports. Known for its high-quality and ethically produced garments, Sri Lanka has secured a strong foothold in this competitive space. However, new sustainability and labelling requirements introduced by the EU present both […]

May 13, 2024
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6min
Colombo, Sri Lanka, May 13, 2024—In a move to spur sustainable investments in Sri Lanka, the International Finance Corporation (IFC) and the European Union (EU) partnered with the Commercial Bank of Ceylon (CBC) to scale up green finance, supporting the country’s commitments towards a low-carbon economy.     The partnership, which is under EU’s regional […]

May 8, 2024
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6min
Building Sri Lanka’s Capacity for Standards Development : Colombo, 06th May 2024 – The EU funded Best Standardized Practices for the Agri-Food Sector (BESPA-FOOD) project, implemented by the United Nations Industrial Development Organization (UNIDO) as well as the United Nations Food and Agriculture Organisation (FAO), recently organised a seminar aimed at enhancing the standards development […]

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 7, 2024
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5min
07 March 2024, Polonnaruwa: The Food and Agriculture Organization of the United Nations (FAO) and the Department of Agriculture in collaboration with the European Union (EU), have launched a transformative initiative aimed at enhancing the knowledge and practices of Integrated Plant Nutrient Management (IPNM) among paddy farmers across Sri Lanka. This initiative is marked by […]

November 20, 2023
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4min
      Colombo, 20 November 2023 – The Food and Agriculture Organization of the United Nations (FAO) together with the Department of Agriculture and the Mahaweli Authority of Sri Lanka with funding from the European Union (EU) recently launched a Farmer Field Schools Programme to train 6,000 smallholder paddy farmers across four key rice-growing […]

July 21, 2023
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4min
      The Supporting Effective Dispute Resolution (SEDR) project, with technical leadership and coordination by The Asia Foundation (TAF), recently completed a five-day Advanced Mediation Skills and Techniques training programme for 20 Mediator Training Officers attached to the Ministry of Justice through the Mediation Boards Commission. The programme was aimed at equipping Mediator Training […]

March 30, 2023
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6min
      The Supporting Effective Dispute Resolution (SEDR) project, funded by the European Union and implemented by the British Council in partnership with The Asia Foundation, launched a Policy Brief titled ‘Strengthening A Just Alternative’ to strengthen community-based alternative dispute resolution (ADR) mechanisms in the country. The launch event, held at the British Council […]


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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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