November 7, 2024
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3min
HNB PLC, Sri Lanka’s leading private sector bank, recently entered into a strategic partnership with H. T. Peiris Company to provide comprehensive tax advisory services to its SME and Business Banking customers. The MoU was signed at HNB Towers, marking a significant milestone in enhancing value-added services for the bank’s business clients and setting the […]

August 8, 2024
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16min
In the backdrop of Sri Lanka making its way back from its most devastating economic crisis, the Institute of Chartered Accountants of Sri Lanka held its 3rd Annual Economic and Tax Symposium recently, under the theme ‘Shaping Fiscal Foundations: Tax Policy as a Catalyst for Sustainable Economic Growth’. Attended by a cross section of representatives […]

March 28, 2024
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4min
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) organised an insightful session that explored the latest tax updates affecting both individuals and businesses while assisting them in navigating through the changes.     The session titled “Navigating Tax Changes: TIN Registration and Temporary Concessions Explained,” held mid-month, helped individuals, including professionals, understand […]

February 2, 2024
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5min
Industry associations, academics and writers express alarm over long-term consequences of making books more expensive for the masses Colombo, Friday 2nd February 2024: The latest salvo against the government’s imposition of value-added tax (VAT) on hitherto exempted sectors came today from Sri Lanka’s book industry, which has called for an immediate reversal of the decision […]

February 2, 2024
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5min
Teejay Lanka PLC has maintained its positive trajectory in the third quarter of 2023-24, recording noteworthy pre- and post-tax profit growth for the three months ending 31st December 2023 and reversing the losses of the corresponding quarter of the previous year.     Sri Lanka’s first multinational textile manufacturer has reported profit before tax of […]

November 8, 2022
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44min
        “JKH records EBITDA growth of 45% to Rs.9.29 billion in Q2” EBITDA* (Rs.000) Quarter ending 30 September Six months ending 30 September Q2 2022/23 Q2 2021/22 % Cumulative 2022/23 Cumulative 2021/22 % Transportation    3,034,882    1,201,158             153    7,586,331   2,224,484           241 Consumer Foods     1,008,997       600,295 […]


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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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