August 9, 2024
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3min5
Supporting and digitally empowering Sri Lanka’s small and medium-sized enterprises (SMEs), SLT-MOBITEL Enterprise, has signed a Memorandum of Understanding (MoU) with LK Domain Registry. The strategic partnership aims to enhance the growth and success of Micro businesses and SMEs in the rapidly evolving digital landscape. LK Domain Registry is the sole administrator for web addresses […]

July 10, 2024
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6min5
SLT-MOBITEL Enterprise hosted a SME Solution Partners’ Demo Day 2024 recently, designed to showcase the extensive range of business solutions available for enterprise customers across Sri Lanka. The event brought together registered solution partners who presented their cutting-edge portfolios to business front liners, including enterprise account managers, solution engineers, and regional sales and operations teams. […]

June 28, 2024

6min5
Zakia Sultana, senior secretary of the Ministry of Industry, said that the Ministry of Industry has an important role to play in facing the economic challenges of the future. We need to prepare from now to face the economic challenges of transition from LDCs to the fourth industrial revolution. Productivity enhancement, patents and quality assurance […]

May 16, 2024
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4min9
Commercial Bank has announced a strategic partnership with Q&E to enhance the capabilities of small and medium enterprises (SMEs) through the Commercial Bank LEAP Global Linker platform. The Commercial Bank LEAP GlobalLinker is a pioneering initiative in Sri Lanka, spearheaded by the bank itself. It’s a cutting-edge ecosystem designed to foster networking opportunities both domestically […]

March 14, 2024
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5min6
Unilever Sri Lanka and the Industrial Development Board (IDB) signed a three-year memorandum of understanding to uplift SMEs in Sri Lanka. This is a public private partnership between Unilever and the IDB to jointly support the growth and development of 20 Micro Small & Medium Scale entrepreneurs in Sri Lanka every year through the Industrial […]

February 15, 2024
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4min1
​Youth-led businesses can be a vital catalyst for change, sparking multiple positive ripple effects. This month, the British Council Sri Lanka launched a new project, ‘Youth-Led Green and Inclusive Initiatives in Businesses’, to harness the enthusiasm and energy of young business leaders and spearhead green and inclusive transitions in small and medium enterprises (SMEs) in […]

February 5, 2024
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5min5
Challenges in talent acquisition, cost management, and ESG reporting emerge as the three top hurdles for SMEs as we enter 2024 New research from ACCA (the Association of Chartered Certified Accountants) highlights the pressing challenges and strategic innovation opportunities for small and medium-sized enterprises (SMEs). The study, SMEs: Business challenges and strategic innovation opportunities, reveals […]

October 2, 2023
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3min0
      Naturelac Paints, a local manufacturer and marketer of paints won the silver award in the medium category/construction sector at the Small and Medium Enterprise Development Awards (SLIM SMEDA) 2022 organised by the Sri Lanka Institute of Marketing. The award ceremony was held recently at the Monarch Imperial in Colombo. The Naturelac Paints […]


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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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