March 27, 2023
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8min
      Colombo, Sri Lanka, March 27, 2023—To expand the reach of small and medium enterprises (SMEs), including women-owned small businesses, the International Finance Corporation (IFC) is supporting the Commercial Bank of Ceylon (CBC) launch a digital marketplace in Sri Lanka, helping business owners connect with more customers locally and abroad. Named Commercial Bank […]

March 14, 2023
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6min
      Colombo, Sri Lanka, March 14, 2023—To help meet demand for quality childcare services among employed parents in the Eastern Province of Sri Lanka, the International Finance Corporation (IFC), Commercial Bank of Ceylon (CBC) and Sarvodaya have joined forces to establish early childhood development centers in the area. It’s an innovative move with […]

March 9, 2023
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5min
    09th March 2023, Colombo: In an effort to support Sri Lanka by stabilising the nation’s economy amid an ongoing economic crisis, the International Finance Corporation (IFC), a member of the World Bank Group, has stepped forward to provide a cross-currency swap facility to Sampath Bank PLC, along with two other private banks. Accordingly, […]

March 8, 2023
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6min
      Colombo, Sri Lanka, March 8, 2023—Thirteen of the leading companies listed on the Colombo Stock Exchange (CSE) have pledged their support to increase women’s representation at both their management and board levels. The move comes as IFC partnered with the CSE for the eighth consecutive year for the ‘Ring the Bell for […]

February 27, 2023
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6min
      Colombo, Sri Lanka, February 27, 2023—To support Sri Lanka amid an ongoing economic crisis, the International Finance Corporation (IFC) is providing a cross-currency swap facility to three of the country’s leading national banks that deal with over 30 percent of Sri Lanka’s remittances and exports. It will support the private sector with […]

February 9, 2023
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7min
      Colombo, Sri Lanka, February 8, 2023 – Positioning women’s business leadership at the forefront of Sri Lanka’s economic recovery, Women in Management (WIM) in collaboration with Women in Work, a partnership between the International Finance Corporation (IFC) and the government of Australia, launched the ‘Top50’ Women Global Economic Forum and ‘Top50’ Global […]

February 1, 2023
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5min
      February 1, 2023—IFC today announced the appointment of Riccardo Puliti as its new Regional Vice President for Asia and the Pacific. Puliti will oversee IFC’s regional efforts in spurring private sector growth and identifying impactful collaborations for a green, resilient, and inclusive recovery, in response to multiple crises and a deteriorating global […]

December 1, 2022
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6min
      Colombo, Sri Lanka, December 1, 2022—IFC has appointed Alejandro Alvarez de la Campa as the new Country Manager for Sri Lanka and Maldives. Based in Colombo, Alvarez de la Campa will lead IFC’s strategy in building a diversified portfolio and increasing impact in both countries, while helping strengthen sustainable private sector development […]

November 17, 2022
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4min
        ● JAAF & IFC to empower industry with tools to address bullying and harassment in workplace ● Apparel industry committed to uplifting employee working conditions The International Finance Corporation’s (IFC) Respectful Workplaces Programme aims to enhance business value by addressing gender-based violence and harassment including customer and client aggression, workplace bullying […]


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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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