May 30, 2022
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7min1
        The Ministry of Finance issued Import Control Regulations on Payment Terms No.07 of 2022, dated 06 May 2022, and to be effective from 20 May 2022, by restricting the use of Open Account Payment Terms or Consignment Account Terms, subject to conditions, when importing goods to Sri Lanka. This measure complements […]

May 24, 2022
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5min3
        FTI Consulting’s Resilience Barometer® data shows that more energy companies struggled to secure finance in the past 12 months JOHANNESBURG, South Africa, May 23, 2022/APO Group/ —Increased pressure to improve ESG and sustainability; demand-side pressure is driven by the rise in energy consumption; energy supply chain will become a source of […]

May 5, 2022
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7min3
      Binance is committed to equipping crypto beginners with resources for lifelong financial and career YAOUNDE, Cameroon, May 4, 2022/APO Group/ — Several Africans continue to live in poverty with minimal access to financial opportunities, quality education or good jobs. Binance (www.Binance.com), the world’s largest cryptocurrency exchange and blockchain ecosystem, has taken its […]

February 11, 2022
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2min2
        February 11, 2022: In a concerted attempt to allow Sri Lankans to enjoy the festivities of the Christmas season safely, leading integrated financial services company HNB FINANCE recently announced the winners of their exciting and festive online competition, ‘Christmas Giveaway Alert’. The lucky winners were able to collect their rewards from […]

January 14, 2022

9min32
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) presents findings from the tax research paper titled “The Impact of Corporate Governance Characteristics of the Forward-Looking Disclosures in Integrated Reports of Bank, Finance, and Insurance Sector Companies in Sri Lanka” which was published in the latest research journal of CA Sri Lanka.    […]

December 22, 2021

4min3
      DAKAR, Senegal, December 13, 2021/ — The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) will be releasing a series of four (4) short documentaries that showcase the depth of ITFC’s interventions in the Groundnut sector in Senegal. Called The ITFC Groundnut Project: Full Cycle, the documentary will air on Africanews from 16th to 31st December […]

July 21, 2020

7min0
Calls for positive reforms strengthening legal enforcement and industry cooperation The Finance Houses Association of Sri Lanka (FHA) announced that it will continue to empower the nation with ethical finance practices while acting as the mediator to the non-banking financial industry. Since its inception in 1958, the association has played a crucial role in safeguarding […]

April 25, 2020

5min1
Describing the coronavirus-induced recession as “unparalleled”, Fitch Ratings has massively slashed its global growth forecast, saying the world economy is set to contract by a hefty 3.9 per cent in 2020. The sharp downward revision is driven by a massive decline in Asian economies, led by China and India which are slated to post sub-1 […]


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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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