Sri Lanka is continuing to attract global support for the quick revival of its tourism industry which took a heavy blow following the terrorist attacks last month.

Indian Oil Corporation (IOC) owned Lanka IOC (LIOC) announced changes at the top management with the appointment of Manoj Gupta as a new managing director who assumed duties on May 20, 2019, and succeeds Shyam Bohra who has completed his tenure and h

Sri Lanka’s foremost producer of cement, Siam City Cement (Lanka) Limited (SCCCL), known as INSEE Cement, announced changes to the composition of the company’s board of directors on May 15.

Fitch Ratings has affirmed Sri Lanka-based conglomerate Richard Pieris and Company PLC’s (RICH) National Long-Term Rating at ‘A(lka)’ with a Stable Outlook. The affirmation of RICH’s ratings reflect the group’s substantial defensive cash fl

REUTERS: Sri Lankan shares closed higher for a third straight session yesterday, moving further away from a near seven-year closing low hit last week, as local investors bought beaten-down stocks.

The United Nations Development Programme (UNDP) and Citi Foundation, with the collaboration and support from the Science and Technology Ministry and the Viet Nam Volunteer Centre, opened the second Asia Pacific Youth Co:Lab Summit, in Hanoi yesterday

In an effort to drive support for gender equality in the workplace, iconic Sri Lankan multinational, Hayleys PLC, hosted an employee workshop along the theme: #BalanceForBetter with a view to sharing knowledge and ideas around the establishment of a

Young musicians Nipuna Siripathi and Tharushi Athukorala, who represented Sri Lanka at the recently held Silk Road & Young Dreams competition, were placed third for their outstanding performance under the ‘Silk Road Young Voice Musician’ category

Uber, the world’s largest personal mobility company, today announced a key partnership with The International Cricket Council, as the official sponsor of the ICC Men’s World Cup 2019.

Huawei yesterday assured the Sri Lankan customers of continued support for the existing Huawei smartphones in the market, amid the US Internet giant Google, whose Android mobile operating system powers the Huawei smartphones, announced plans to sever

The fallout from the recent spate of suicide bombings in Sri Lanka highlights the tension between religious freedom as a fundamental human right and national-security concerns. The country’s ban on face coverings — which admittedly impinges on re

The Easter day bombings in Sri Lanka created a sense of deep fear among the citizens; it still prevails even one month after the incidents. Even in the business sector, these acts of terror have served to create uncertainty within the marketplace. Mo

The state-run private sector pension fund, the Employees’ Provident Fund (EPF), marked its re-entry into the Colombo Stock Exchange (CSE) last week, with the purchase of 55 million shares of Dialog Axiata PLC for a consideration of Rs.495 million,

Lanka IOC PLC (LIOC) Managing Director Shyam Bohra has completed his tenure in Sri Lanka and would be moving back to the parent company Indian Oil Corporation on May 20, 2019, LIOC said in a statement.

(Mumbai/Bengaluru) REUTERS: Indian stocks saw their biggest single-day gain since September 2013 yesterday while the rupee and bonds rallied after exit polls showed Prime Minister Narendra Modi was set to win a second term with an even bigger mandate

(Colombo) REUTERS: Sri Lanka’s budget and current account deficits could widen because of the Easter Sunday bombings but the island’s economy will recover in the medium-term and then have about 5 percent annual growth, the executive director for

Singer Sri Lanka PLC plunged into loss during the quarter ended March 31, 2019 (4Q19), as the sales continued to languish amid mounting borrowing costs as the consumer durables retailer appears to be mired in a prolonged web of troubles from both ins

The evolving global trade environment poses numerous opportunities and challenges to countries like Sri Lanka. In an uncertain economic environment, the impact of Brexit is a development that the private sector needs to monitor.

The Annual long - standing service Award ceremony of the MMBL - Pathfinder Group 2019 was held at the River point of the Group Headquarters in Peliyagoda recently.

The National Human Resources Development Council of Sri Lanka (NHRDC) together with The Institute of Chartered Accountants of Sri Lanka (ICASL), Chartered Institute of Personnel Management (CIPM), The International Chamber of Commerce of Sri Lanka (I

Hemas Hospitals, one of Sri Lanka’s leading hospital chains for the past decade, has again been victimized as a result of fake news being circulated among the public.

Strong gains from performance enhancing initiatives in local operations in the face of stiff market conditions and robust contributions from overseas marketing operations have generated noteworthy profit growth in 2018-19 for the Dipped Products grou

Haycarb PLC’s new pricing strategy appears to have boded well for the company since it changed tact to raise the prices of its products as it enabled them to tamp down the pressure from the rising raw material costs amid heightened competition from

After coming under fire for not acting on warnings about Easter bombings that killed more than 250 people, Sri Lankan President Maithripala Sirisena is now facing criticism over his leadership in the aftermath of the Islamist attacks.

Risk-sensitive economic planning and coherence between climate and disaster risk reduction (DRR) policies are vital in building resilient societies and economies as envisioned by the Sustainable Development Goals (SDG), Sri Lanka’s Permanent Repres

NEW YORK (AFP) - Chinese coffee chain Luckin, battling to dethrone Starbucks in the Asian giant, has raised US$561 million ahead of its Wall Street listing, an IPO consulting firm said Thursday.

At Techtextil and Texprocess, the industry learns what the future will bring. These two fairs showcase the current trends in technical textile as well as planning for future production and materials.

(Colombo) REUTERS: The International Monetary Fund said on Thursday it was holding its forecast for Sri Lanka’s 2019 economic growth at 3.5 percent in spite of devastating Easter bombings, saying it was too early to assess financial damage. The Apr

There will be no Mirror Business on Monday (20th) in view of Vesak Poya holidays. The next issue will be on Tuesday.

HONG KONG (AFP) - Asian markets were mixed yesterday as another rally on Wall Street and data indicating a strong US economy were offset by the increasingly tense trade and technology stand-off between China and the United States. The Brexit saga als