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Top Lanka Business News News

China's wine market uncorks consumption vitality
Marijuana · Yinchuan

China's wine market uncorks consumption vitality

Coverage: 5 sources
YINCHUAN, CHINA - Media OutReach Newswire - 13 June 2025 - In an exhibition hall at an expo in Yinchuan, the capital of northwest China's Ningxia Hui Autonomous Region, the rich aroma emanating from a copper hot pot is gaining…See the Story
Oppo Strikes First SEP Licensing Pact with Volkswagen, Unlocking 5G Tech for Global Lineup of Connected Cars
Innovation

Oppo Strikes First SEP Licensing Pact with Volkswagen, Unlocking 5G Tech for Global Lineup of Connected Cars

67% Center coverage: 3 sources
Oppo announced on June 5 that it has signed a global licensing deal with Volkswagen Group, giving the German automaker access to its standard essential patents (SEPs) for cellular technologies, including 5G. The agreement covers Volkswagen's global lineup of connected vehicles and marks Oppo's first bilateral patent licensing agreement with a carmaker, highlighting the company's strategic move from smartphones into the smart vehicle space.See the Story
WPP Media Cuts 2025 ad Spend Predictions in Response to Tariff Uncertainty
Influencers

WPP Media Cuts 2025 ad Spend Predictions in Response to Tariff Uncertainty

Coverage: 2 sources
WPP's latest spending forecasts suggest cooler ad spend growth over next five years, a consequence of tariffs uncertainty.See the Story

Global Tourism Elites Gather for 'Night of Hainan'

100% Right coverage: 1 sources
SANYA, CHINA - Media OutReach Newswire - 9 June 2025 - On June 7, more than 450 global tourism industry representatives met in Sanya, China, for the Night of Hainan Tourism Promotional Event, where they learned about the province's tourism and cultural resources.Tourism · SanyaSee the Story

Relief Measures to Assist the Affected Small and Medium Enterprises (SMEs) - Lanka Business News

The Central Bank of Sri Lanka (CBSL), with a view to facilitating sustainable revival of businesses that were adversely affected during the recent past has advised the licensed commercial banks and licensed specialised banks (hereinafter referred to as licensed banks) to provide further concessions to those SME borrowers who commenced discussions for business revival with the respective banks by 31.03.2025. These relief measures are in line with…Sri Lanka · Sri LankaSee the Story

Viren defeat World No.2 Anders in exhibition game at MBA Courts - Lanka Business News

Sri Lanka’s top ranked Men’s Singles shuttler Viren Nettasinghe recorded a straight win against World No.2 ranked Anders Antonsen of Denmark in an exhibition match played at the Mercantile Badminton Association (MBA) Courts at Malalasekara Mawatha, Colombo 7 on Friday, June 13th. Coming into the friendly game with a trivial pressure to face the three-time World Championships medallist, Viren began his run with composure, as Anders approached qui…Colombo · ColomboRead Article

Diva honours Poson Poya with ‘Diva Nil Manel Mal Dansala’ in Anuradhapura - Lanka Business News

Diva, a trusted laundry brand from Hemas Consumer Brands, hosted the ‘Diva Nil Manel Mal Dansala’ in Anuradhapura, honouring the sacred Poson Poya day. The dansela offered thousands of pilgrims and devotees an opportunity to offer ‘Nil Manel’ or Blue Lotus flower, at hallowed sites across the historic city. The ‘Nil Manel’ or Blue Lotus, Sri Lanka’s national flower, is a cherished symbol of purity, spiritual enlightenment and is a mark of devoti…Northern Province, Sri Lanka · Northern ProvinceRead Article

CRIB Hosts Annual CEOs Forum and Institutional Awards Ceremony 2025 - Lanka Business News

Event brings together Central Bank leadership, government representatives, and over 120 CEOs from across the financial ecosystem. The Credit Information Bureau of Sri Lanka (CRIB) successfully held its Annual CEOs Forum and Institutional Awards Ceremony 2025 titled ‘Data in Action – Change in Motion’. The prestigious event was graced by the Governor of the Central Bank of Sri Lanka, Dr. Nandalal Weerasinghe, who attended as the Chief Guest. The …CEOs · Sri LankaRead Article

Fashion Bug Among Sri Lanka’s Most Loved Corporate Brands Recognised by LMD - Lanka Business News

Colombo, Sri Lanka, 13 June 2025: Fashion Bug has been recognised as one of Sri Lanka’s Top 50 Most Loved Corporate Brands and has also been named among the Most Loved Clothing Store Brands in LMD’s Brands Annual 2025. The recognitions are based on a survey conducted by PepperCube Consultants on behalf of LMD. The study aimed to identify the brands that resonate most with LMD’s readers, utilising detailed research and data analysis.     The sur…Colombo · ColomboRead Article

Residents Up in Arms Over Proposed High-Rise in Environmentally Sensitive Lake Drive Area - Lanka Business News

By Lake Drive and Lake Garden Collective In the heart of Colombo 08, a storm is quietly brewing along the otherwise serene Lake Drive and Lake Gardens. Residents of this leafy neighborhood are sounding the alarm over a controversial high-rise development that threatens not only the structural and environmental integrity of their surroundings, but the very credibility of Sri Lanka’s urban planning system. At the centre of the dispute lies a 66-pe…Trondheim · TrondheimSee the Story

Sunshine Holdings invests in next-gen leaders with Residential First-Time Manager Training Programme - Lanka Business News

Colombo, June 11th 2025: Diversified conglomerate Sunshine Holdings PLC took a bold step in its leadership development journey with the successful conclusion of its First-Time Manager Training programme, an immersive, high-value initiative tailored to empower the next generation of leaders within the Group. Marking a milestone in the company’s human capital development efforts, the programme was rolled out in three phases, starting in November 2…Colombo · ColomboRead Article

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