MTD Walkers PLC was queried by the Colombo Stock Exchange (CSE) last week over the firm’s ability and measures taken to retire a substantial part of its debenture maturing by the end of this month, after the company failed to disclose its

Sri Lanka’s national prices, measured by the National Consumer Price Index (NCPI), eased in August but the so-called core prices, which exclude the often volatile items like food and energy, rose. 

A high-powered investment delegation led by Development Strategies and International Trade Minister Malik Samarawickrama will make a strong pitch this week for German investments to Sri Lanka.

Sri Lanka has seen a historical increase in both the number and intensity of droughts, floods and geographic changes to vector borne diseases, coastal erosion, tropical storms, lightening, crop failures, and landslides.

Ceylex Engineering (Pvt.) Ltd, an associate company of LTL Holdings, has secured a Rs.3 billion loan from National Development Bank PLC (NDB)  to develop two 10 MW wind power plants in Chavakachcheri. 

Sri Lanka ranked in the fourth place among countries most affected by extreme weather events in 2016, according to the Global Climate Risk Index (CRI).  The average CRI for Sri Lanka for the last 20 years (1997-2017) was recorded as 48. 

MONTREAL (AFP) - Coca-Cola, Walmart and other big multinationals pledged this week to help reduce plastic pollution in the world’s oceans in support of a campaign by five of the G7 industrialized nations.

The Central Bank of Sri Lanka (CBSL) stands ready to prevent excessive volatility in exchange rate while managing it, CBSL Governor, Dr. Indrajit Coomaraswamy asserted. 

HONG KONG (AFP) - Asian markets enjoyed another day of strong buying yesterday, helping them to end the week with a flourish as investors looked past the China-US trade row to focus on the booming American economy.

MAKUHARI, Japan (AFP) -  At the Tokyo Game Show, the world’s top firms compete to show off their very latest in high-tech gaming gadgetry: from head-spinning virtual reality to cutting-edge multiplayer eSports.

WASHINGTON (Reuters) - Canada and the United States showed scant sign on Thursday of closing a deal to revamp NAFTA, and Canadian officials made clear Washington neede

The fast-growing boutique technology solutions firm Auxenta, has been named as one of ‘30 Most Innovative Companies to Watch for 2018’, rubbing shoulders with some of the leading tech firms around 

COLOMBO (Reuters) - Sri Lankan shares dropped to their lowest close in more than 30 months yesterday as foreign investors sold banking stocks, while a weaker rupee dented investor sentiment as well. 

SINGAPORE (AFP) - Singapore Airlines said yesterday it has stopped accepting lion bones for cargo after the carrier was singled out in a report for transporting the animal parts from South Africa.

There will be no Mirror Business on Monday (24) in view of the Poya Day. The next issue will be on 25th.  

The Enterprise Sri Lanka subsidized loan scheme has already loaned over Rs.49.1 billion to individuals and institutions, Finance and Mass Media Ministry said yesterday.

(Colombo) EUTERS:  Sri Lankan shares dropped to their lowest close in 30 months yesterday as foreign investors sold market heavyweight John Keells Holdings, while a weak rupee dented sentiment.

(Colombo) REUTERS: The Sri Lankan rupee fell 0.9 percent yesterday to hit a record low for a seventh straight session due to dollar demand from importers and banks to facilitate foreign bond outflows, market sources said.

Sri Lanka’s economic growth this year is expected to inch up to 3.7 percent on strong performances of the agriculture and services sectors from the multi-year low of 3.3 percent growth recorded for 2017, said HSBC Global Research. 

Rapid changes in climate conditions have put Sri Lanka under direct threat and will make it a ‘hotspot’, where failing to take corrective measures and ensuring their implementation will hind

Plantation Industries Minister Navin Dissanayake yesterday expressed confidence on reaching minimum of 320 million kilos in tea output this year, meeting industry forecasts despite adverse weather and volatile external market conditions.  &ldquo

The majority of German businesses operating in Sri Lanka are either planning or considering making further investments in Sri Lanka over the next two years, a survey conducted by the German Industry and Commerce in Sri Lanka (AHK Sri Lanka) has revea

Sri Lanka is gearing towards an export-oriented economy as the exports increased by 50 percent during last three years, while the government with the private sector would continue to introduce business-friendly economic policies and strategies to enh

MAS Holdings made history by being recognized as the ‘Exporting Conglomerate of the Year’ at Presidential Export Awards 2018, held at the BMICH, under the patronage of President Maithripala Sirisena on Tuesday. 

The Sri Lankan government will enter into a bilateral air transport agreement with the government of Luxemburg.

Sri Lanka’s main airport, Bandaranaike International Airport (BIA), will soon get an e-gate system to speed up the immigration controls and reduce congestion.

(Colombo) REUTERS: The Sri Lankan rupee hit a record low for a sixth straight session yesterday due to dollar demand from importers and banks to facilitate foreign bond outflows, market sources said.

(Colombo) REUTERS: Sri Lankan shares ended marginally higher yesterday, edging up from their 30-month closing low hit in the previous session, as investors picked up battered shares, while sentiment was weighed down by weak rupee and continued foreig

(Colombo) REUTERS: Sri Lanka may have to downgrade its full-year forecast for tea production after output tumbled 14 percent in August from a year earlier due to a prolonged drought, the state-run Tea Board said on Tuesday. 

Sri Lanka, as a country and the business organisations in it should embed sustainability when drafting innovative strategies in order to become part of the solution to global warming, France’s INSEAD Business School Executive in Residence Dr. R