April 2, 2020
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2min
Bigger travel companies have a “responsibility” to pay smaller firms on time to avoid a “catastrophic” knock-on effect to the industry. Laurence Hicks, chairman of touring and adventure aggregator TourHound, said one of the biggest challenges facing many firms in the midst of the coronavirus crisis was collecting money. He said: “A challenge many businesses […]

March 17, 2020
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1min
Germany partially closed its borders with Austria, Denmark, France, Luxembourg and Switzerland in an effort to slow the spread of the new coronavirus. Although goods and cross-border commuters can still enter and leave the country, other travellers are being turned away. The measures are an abrupt reversal by Germany’s chancellor, Angela Merkel, who had only […]

October 7, 2017
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3min
Business leader Dhammika Perera on Wednesday emphasised that without proper connectivity Sri Lanka could not achieve the four million tourist arrivals target. Vallibel Group Chairman Perera made this observation at the World Tourism Day Celebrations – Tourism Leaders’ Summit and International Research Symposium 2017 at the BMICH titled ‘Sustainable Tourism for Development’. Speaking at the […]


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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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