November 13, 2024
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11min
How an Effective Procurement Policy Overhaul Could Rewrite the Nation’s Future and Transform the Nation’s Public and Private Sectors   By Jithendra Antonio In a country where corruption has long infiltrated both public and private sectors, Sri Lanka approaches a critical juncture, where decisions today will echo for generations. Embedding a robust procurement system is […]

November 3, 2023
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6min
      Shippers Academy, AmCham, JAAF hold forum to highlight importance of labor law reforms to increase competitiveness Stakeholders emphasise flexible work hours, restructuring costs of vital importance to sustain apparel industry Ministry of Labour states increasing female workforce participation remains key objective 3rd November 2023: The Shippers Academy of Colombo, in partnership with […]

March 7, 2023
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3min
      Colombo, 2nd March 2023: The American Chamber of Commerce in Sri Lanka (AmCham Sri Lanka) on 1st March 2023, convened a roundtable discussion with the participation of over 60 C-suite representatives of the private sector across over 20 industries, to discuss, dissect and design solutions to the age-old problem of attrition of […]

September 12, 2022
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3min
      Colombo, Sri Lanka, 9 September 2022: Amana Bank recently partnered with the United Nations Development Programme (UNDP) in Sri Lanka, to channel support through the recently launched ‘Private Sector Giving Facility for Emergency Relief’, initiated towards overcoming the rising challenge of severe medical and food supply shortages due to the ongoing economic […]

June 6, 2022
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9min
        The Forum’s sessions included discussions on the activities, roles, and support provided to member countries SHARM EL SHEIKH, Egypt, June 6, 2022/APO Group/ –The private sector institutions affiliated with the Islamic Development Bank (IsDB) Group (www.IsDB.org) organized: “The Private Sector Forum” in its tenth edition, during the period from 2-4 June […]

February 18, 2022
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7min
        The announcements come ahead of the first physical Africa-Europe summit since the start of the COVID-19 pandemic BRUSSELS, Belgium, February 17, 2022/APO Group/ — EIB (www.EIB.org) Global confirms EUR 62 million for six high impact private sector investment initiatives; new support for African tech start-ups, rural microfinance, agriculture, and businesses in […]

June 9, 2021
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6min
      Colombo, Sri Lanka, June 9, 2021— Sri Lanka can realize its development aspirations by promoting a private sector-led growth model—one that spurs further growth and creates jobs for its people through innovation and agility. That’s the view of IFC’s Vice President for Asia and Pacific, Alfonso Garcia Mora, who today called for […]


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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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