Neither confirming nor denying speculations that UK-based Lyca Group is nearing a deal to purchase ETI Group’s assets, the Central Bank Governor Dr.Indrajit Coomraswamy told Mirror Business that the Central Bank is still processing an investmen

The Sri Lankan government is ready to implement a short-term reform process which will generate short-term gains and help the government increase its acceptance among the voters in the run up to the 2020 elections, according to a senior government ec

The National Economic Council (NEC), chaired by President Maithripla Sirisena, will present a new economic plan next week to address the key economic issues of the country, the President’s Media Division said in a brief statement yesterday. It

Computer Society of Sri Lanka (CSSL) has announced that they are offering support and resources for Tech Startups as a new initiative. The Resource Center which is within their existing office in Colombo 7 will help to uplift Sri Lanka’s IT Tec

The digital transformation underway in Sri Lanka’s economy was the theme of discussion at an event hosted by the Australian High Commission and Australia Sri Lanka Alumni (ASLA) on February 15th at The Kingsbury, Colombo.

As a means of strengthening its services and broadening the organisation’s reach across the island, Sri Lanka Telecom (SLT) has recently announced the opening of a new ‘Contact Centre’ in Bandarawela.

In a meeting with the American Chamber of Commerce in Sri Lanka recently, Sysco Labs Founder Mani Kulasooriya and Sysco eSolutions Vice President Ron May addressed the audience with a presentation on the way that ‘Technology is eating the World

Global business consulting and IT outsourcing firm Virtusa, which has Sri Lankan roots, said it will continue to work with Sri Lankan universities to equip the country’s future IT engineers with the right skills.

The Sri Lanka Institute of Architects (SLIA) holds ‘A18 (Architect 2018)’, the pre-eminent and most popular trade exhibition in the country for the 36th consecutive time, at the Bandaranaike Memorial International Conference Hall (BMICH),

3M DI-NOC is a designer’s and architect’s dream, enabling them to create and renovate with the minimum disruption to workflow together with cost and time efficiencies. Creative minds now have access to a wide range of surface finishes tha

Elements, the fourth vertical luxury high rise apartment building by Fairway Properties, presents a chic new direction for living and lifestyle in Sri Lanka, following the pioneering concepts of its soaring residential tower siblings within the Fairw

Sri Lanka’s pioneer and leader in solar PV (photovoltaic) systems and next generation energy technologies – JLanka Technologies is committed to lighting up the country’s trail towards a greener future with its technological expertis

Alumex PLC, Sri Lanka’s premier integrated manufacturer of aluminium extrusions, is gearing up to showcase its vast catalogue of products, including the very latest Alumex proprietary doors, windows and facades, at the upcoming Architect 2018 M

Fifteen local and foreign property and financial consultancy firms and investment bankers have forwarded proposals for the role of transaction advisor to the government on the sale of Hilton Colombo and the Grand Hyatt Colombo hotels.

The Punjab National Bank branch in south Mumbai sits just down the road from both the Bombay Stock Exchange and the Reserve Bank of India, at a physical centre of one of the world’s fastest growing major economies.

Sophos Technologies was established in 1985 in the UK. For the last 32 years, the company has been built on pure technical sol

Diversified conglomerate Cargills (Ceylon) PLC (CARG) posted a Rs.827 million net profit for the quarter ended December 31, 2017 (3Q18), recording a growth of 30 percent from the corresponding quarter last year, due to the gains from its associate, C

REUTERS: Sri Lankan shares ended steady yesterday in thin trade amid political uncertainty after both parties in the ruling coalition suffered defeats in a local election earlier this month.

Slower vehicle sales saw the profits of Diesel & Motor Engineering PLC (DIMO) sliding over 35 percent during the December quarter (3Q18) compared to the corresponding quarter of the previous year (3Q17), the interim financial accounts released to

REUTERS: The Sri Lankan rupee edged down yesterday on importer dollar demand, while political uncertainty continued to weigh on investor sentiment, dealers said. The rupee ended at 155.40/50 per dollar, compared with Friday’s close of 155.10/20

The Central Bank is yet to see whether the measures taken through its six-month programme to increase the liquidity in the troubled ETI Group  are successful.

Seylan Bank PLC reported group earnings of Rs.4.10 per share or Rs.1.45 billion for the December quarter (4Q17), compared to Rs.3.37 a share or Rs.1.2 billion in the same quarter of the previous year, the interim financial accounts released by the ba

Everything is inter-connected in this globalized world, as nothing can prevail in isolation, be it economic or political. What the public expects from a democratically-elected government is to create a conducive business environment, more employment

The impact of the local government elections on the political system has been unbelievable and decisive. According to newspapers, President Maithripala Sirisena has asked Prime Minister Ranil Wickremesinghe to step down after the local elections deba

In a bid to strengthen economic relations, Sri Lanka and Singapore signed a bilateral free trade agreement (FTA) on January 23, 2018. In spite of the two islands’ decades of warm diplomatic relations, Singapore comprised only 1.1 percent of Sri

Fashion Bug, one of Sri Lanka’s leading retail clothing stores bagged the Gold award for ‘Best Key Account Partner’ at the recent Annual Sales Conference of Triumph International held on February 15th at the Grand Ballroom of Hilton

Cargills Bank has partnered with TransferTo, a leading cross-border mobile payments network for emerging markets, enhance and strengthen its remittance services offered by the bank. 

Recognised in Sri Lanka for its continued excellent workmanship and maintaining high standards in the construction industry, Chandana Builders was the proud recipient of the Shramabhimanai award recently.

Seemingly the largest ex-hotel chain get together – The reunion party of Confifi Group Hotels will be held on March 17th 2018 from 7:00p.m. onwards at Raffles Residence, Pita Kotte.

NDB Leasing recently entered into an agreement with United Motors Lanka PLC to jointly promote a special leasing package exclusively for Fuso lorry cab and chassis, tippers, and Rosa buses.