August 24, 2024
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6min0
In 2004, WNS, a pioneering global Business Process Management (BPM) company, strategically expanded its footprint by establishing its first offshore delivery center outside India in Colombo. Fast forward twenty years, WNS has evolved into an NYSE-listed powerhouse, with over $1.3 billion in annual revenue, 60,000+ employees worldwide, 65 offices across 13 countries, and solid client […]

August 16, 2024
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4min0
SLT-MOBITEL, the National ICT Solutions Provider, has reported moderate revenue growth for the first half of 2024, while demonstrating savings through cost management initiatives. The 1H 2024 performance establishes SLT-MOBITEL’s resilience and adaptability in a challenging market environment. The moderate revenue growth, coupled with successful cost-saving initiatives, has led to notable improvements. The Group’s revenue […]

August 12, 2024
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4min3
The recently concluded Skills for Inclusive Growth (S4IG) Stakeholder Sustainability Conference brought together key stakeholders from both the public and private sectors. The event marked a significant milestone for S4IG and its partners during this year of completion. S4IG, an Australian Government initiative, in collaboration with the Sri Lankan Ministry of Education, aims to foster […]

July 4, 2024
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2min2
Serendib Flour Mills (SFML) has launched a robust employee development programme, demonstrating commitment to nurturing employee growth across all departments and promoting a culture of continuous learning. The three-month initiative aims to enhance skills of sales staff, executives, and middle management across various other departments through a series of workshops, training sessions, mentoring, and online […]

June 25, 2024

4min5
99x, a global product engineering company, hosted a high-profile roundtable discussion titled ‘Poised for Growth in Europe and Americas’ at their office premises in Colombo 03. The event brought together 99x’s industry leaders from Norway, Portugal, Brazil, and Sri Lanka to discuss 99x’s growth as a forward-thinking global technology leader.     Local media representatives […]

June 17, 2024
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4min0
17th June 2024, Colombo: Janashakthi Life, one of Sri Lanka’s leading life insurers, reported stellar financial results for the first quarter of 2024, solidifying the company’s position for continued growth and stability. Janashakthi Life’s Gross Written Premium (GWP) growth surged by an impressive 44% in Q1 2024 compared to Q1 2023. This significant increase reflects […]

June 14, 2024
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5min3
Global call issued for innovative AI solutions at inaugural accelerate conference Colombo, Sri Lanka, 14th June 2024: – Today, the Mastercard Center for Inclusive Growth and data.org launched the Artificial Intelligence to Accelerate Inclusion Challenge (AI2AI Challenge), a global call for AI solutions to accelerate inclusion and economic empowerment.     The AI2AI Challenge will […]


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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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