The new rules set out on export proceed conversion, which enables the exporters to meet all imports, which are required to make or facilitate their respective exports, have given rise to an extremely important set of data for the officials to gauge t

The liquor sales dropped quite drastically during the three months ended in September, as Distilleries Company of Sri Lanka PLC (DCSL) reported some sharp drop in its top line in its fiscal second quarter ended in September while the government conti

The Cabinet nod has been granted to enter into an agreement with the Korean International Corporation Agency (KOICA) to secure a US $ 4 million grant to implement a project aimed at enhancing the construction training courses offered by several selec

Sri Lankan shares dropped over 2 percent yesterday to extend losses for the third straight session, as sentiment was soured by the discovery of the first Omicron variant patient in the country.

Chinese ride-hailing giant Didi Global has announced plans to take its shares off the New York Stock Exchange (NYSE) and move its listing to Hong Kong.

With the exporters grappling with the skyrocketing freight charges and container shortages, the International Chamber of Commerce Sri Lanka (ICCSL) seeks urgent state intervention to charter a subsidised feeder vessel between the shipping hubs and br

Operating at maximum production capacity with optimized distribution channels for a number of weeks, INSEE Cement has helped to mitigate the cement shortage that was prevailing in the local market.

Daraz Group CEO of Daraz, Bjarke Mikkelsen was in Sri Lanka on November 25 and 26. During his visit he met with key government leaders and officials including,

The Lanka Premier League (LPL) Kandy-based franchise has new owners as Vernost Marketing Technology Solutions CEO Pankaj Tripathi and Safexpay Founder and CEO Ravi Gupta have stepped forward to co-own the franchise in the upcoming second season of th

Access Engineering PLC (AEL), Sri Lanka’s leading construction enterprise in JV with its technical partner China Harbour Engineering, a world-renowned marine contractor, has been awarded the contract to construct the East Container Terminal (ECT) o

The entire director board of Sri Lanka’s apex investment promotions agency, Board of Investment, and its Director General are reported to have stepped down from their positions with immediate effect, Mirror Business learns.

The new start-up airline and Sri Lanka’s third scheduled international operator ‘Fly Lankan’ will be commencing operations with flights to the Maldives by end of this month.

The transshipment container volumes at the Port of Colombo rose for the first time in October ending a 3-month declining streak due to disruptions in global vessel movement, the Sri Lanka Ports Authority (SLPA) data showed.

The initial public offering (IPO) of software provider hSenid opens at 9.00 a.m. today.

The cause for increasing incidents of gas cylinder leakages and explosions reported across the country in the recent weeks is not due to the change in the composition of LP gas in the cylinders, but due to the incorrect usage, said Laugfs Gas PLC, th

The Ministry of Tourism and the Sri Lanka Tourism Development Authority (SLTDA) were called out by the Committee on Public Enterprises (COPE) for failing to develop the islands in Kalpitiya despite having received Cabinet approval, a delay that is ta

The Tourism Ministry together with the External Affairs Ministry is gearing up to launch a fresh initiative to promote destination Sri Lanka to global travellers for which Sri Lankan embassies across the world have been called upon to put forward an

The upcoming Sri Lanka Economic Summit 2021 (SLES 2021), the foremost and most anticipated economic event of Sri Lanka, will be inaugurated by the chief guest, Finance Minister Basil Rajapakse, on December 6, under the theme ‘Springboard for reviva

The International Chamber of Commerce Sri Lanka (ICCSL) was recognised at the Business World International Organisation Award Ceremony for a Most Outstanding Service Excellence award 2020, which was held at Taj Samudra Hotel on Sunday.

The Invest in Bangladesh webinar organised by PwC Sri Lanka in collaboration with PwC Bangladesh, scheduled for December 7, is part of a broader series of webinars under the theme cross-border expansion.

Illustrating the power of storytelling, clear communication and design elegance, ‘Cuisine Gastronome’, the heat and eat gastronomic product of SriLankan Catering, won three Gold Awards for its product packaging at the Sri Lanka Packaging Awards 2

The Vocational Training Authority of Sri Lanka (VTA), under the State Ministry of Skills Development, Vocational Education,

The Legends Hotel Supplies Pvt. Ltd, the supplier of all kinds of hotel, catering equipment and utensil to HORECA industry, recently celebrated its 13th anniversary.

Raja Jewellers is proudly marking a legacy of 93 glorious years tomorrow (December 4th) having organized spectacular celebrations.

Finch Trading in partnership with Pokka Pte Ltd unveiled an exciting range of drinks from Asia Pacific’s best-loved beverage brand ‘Pokka’ on November 25th.

A custom destination brand survey of international travel consumers facilitated by Australia’s Market Development Facility (MDF) revealed that Sri Lanka ranks low in the list of destinations considered for future travel by the leading 10 source mar

The local unit of British American Tobacco (BAT), Ceylon Tobacco Company PLC, yesterday announced the appointment of Monisha Abraham as Managing Director/Chief Executive Officer, effective from December 1, 2021.

Sarvodaya Development Finance’s (SDF) initial public offering (IPO) was oversubscribed by 1.1 times on the opening day, according to a disclosure filed with the Colombo Stock Exchange, yesterday.

Windforce PLC, Sri Lanka’s largest independent renewable energy producer with an expansive portfolio, reported higher profits for the three months to September,

Sri Lanka’s fifth largest general insurance player LOLC General Insurance Limited (LGEN) is planning to raise Rs.948 million via an initial public offering (IPO) on the Colombo Stock Exchange (CSE), offering 120 million ordinary voting shares, at R