Pan Asia Bank selected the scenic locales of Ella to host a specially developed SME workshop to uplift the local tourism industry stakeholders in the region. The SME workshop w

Leading stationery manufacturer ProMate Sri Lanka participated in an impactful book collection drive recently to help visually im

Empowering youth with essential coding skills for the digital future, SLT-Mobitel, in collaboration with the STEMUP Educational Foundatio

People’s Bank has once again launched a series of educational seminars to enhance the knowledge and educational skills of children preparing for the Grade 5 Scholarship examination in partnership with the ‘Chooti Baba’ newspa

Indices closed in green as a result of price gains in counters such as Teejay Lanka, Hatton National Bank and Sampath Bank with the turnover crossing Rs. 2.0 bn. Crossings were witnesse

The secondary bond market saw mixed activities across mid to long tenors during yesterday although the overall market witnessed limited activities with thin volumes. Among the trade

UB Finance PLC announced this week that its rights issue was oversubscribed. UB Finance issued 423, 798, 049 ordinary voting shares, at two ordinary voting shares for every 13 ordinary voting shares held.

There will be no Mirror Business tomorrow (22) in view of today’s Mercantile Holiday. The next issue will be on Monday (24).

Asian telecom giant EDOTCO Group, represented by its Director for Governance, Risk and Compliance Azzahraa Annuar recently visited the Board of Investment (BOI) of Sri Lanka.

The World Bank has appointed David Sislen as the new Country Director for the Maldives, Nepal and Sri Lanka, effective July 1, 2024.

Sri Lanka is currently exploring the establishment of a development bank, a move that would facilitate the required funding to help improve the competitive capabilities of industries, President Ranil Wickremesinghe said.

The manufacturing sector resumed expansion while the services activities continued their growth in May, as the Purchasing Managers’ Index (PMI) signalled that the economic activities continue to do well, supported by the lower prices and interest r

The ASPI closed in red as a result of price losses in counters such as Sampath Bank, Melstacorp and Richard Pieris & Company with the turnover crossing Rs. 2.7 Bn. A similar behaviour was witnessed in the S&P SL20. Crossings were witnessed in Ambeon

The Central Bank conducted the weekly T-bill auction yesterday, raising Rs.230.0 billion and accepted the total offered while the weighted average yield rates saw a rise across the board for the third straight week. Accordingly, the three-month and

LOLC Finance marked World Environment Day and Ocean Day with a series of impactful initiatives aimed at fostering ecological conservation and awareness. World Environment Day holds profound significance for LOLC Finance, underscoring the increasing i

Union Assurance celebrated the outstanding achievements of its Agency Distribution Channel at the Annual Awards 2023 held at Shangri-La Hotel, Colombo. The Annual Awards event aimed to celebrate the top performers in the Agency Distribution Channel

The ‘DigiEcon 2024’ Investment Summit, Sri Lanka’s premier technology and investment event organized by the Ministry of Technology and powered by Mastercard, is gearing up to host a remarkable lineup of speakers this year. The highly anticipat

In a collaborated effort to combat the distribution of counterfeit spare parts, the Colombo Crime Division (CCD) and the Honda Motor Company initiated multiple criminal raids in different areas of the country. Accordingly, several dealers who were

The electricity bills of 300 customers will be wiped out, and three customers will each win a tour package for two to Singapore under an exciting new campaign launched by the Commercial Bank of Ceylon to promote use of ‘ComBank Digital’. The bank

NDB Bank announced the ‘NDB Araliya Promotion 2024’, running from June 3rd to July 31st, under the theme “Save and Be Gifted.” This special campaign continues the bank’s tradition of empowering women by encouraging them to save and invest

HNB PLC was recently honoured with the Best Automobile Financing in Asia-Pacific award at the Asian Banker Global Excellence in Retail Financial Services Awards 2024. HNB received this accolade for its commitment to seamless facilitation of vehicle o

DFCC Aloka, the women-centric banking proposition from DFCC Bank, recently conducted a unique programme to honour women in healthcare at the Kandy General Hospital to celebrate International Women’s Day. The event witnessed several exciting activi

Cable manufacturer Sierra Cables PLC has sustained a solid rating of A+ (lka) with a stable outlook for three consecutive years from Fitch Ratings. Despite the challenging economic conditions both locally and internationally, Sierra Cables’ impress

Dettol introduced its latest skincare soap to the Sri Lankan market recently. The launch event, named ‘Dettol Beauty Pink Night’ featured Sri Lanka’s first influencer ramp walk. This event drew some of the country’s most beloved and influenti

Many Sri Lankans want to leave the country, and most of them are from the “educatd youth” category. There is a growing discussion in Sri Lankaabout people’s desire to leave the country, especially within its currentpolitical and economic contex

Port City Colombo is set to become the engine of Sri Lanka’s future economic development by opening up opportunities for local and international university level students to pursue academics in diversified fields of study.

According to Maharaja Foods Limited (MFL) Chairman/Non-Independent Executive Director Vijayananth Guganathan, the main aim of the IPO is to finance business expansion and growth, in particular focusing on the export segment where the ‘Maharaja Food

Maharaja Foods Limited (MFL), a leading manufacturer, exporter and a distributor of authentic Sri Lankan foods and groceries, is on the route to become the first women-owned enterprise with Northern origins to be listed on Colombo Stock Exchange (CSE

The Financial Intelligence Unit of Sri Lanka (FIU-Sri Lanka) entered into a memorandum of understanding (MoU) with the Financial Intelligence National Centre of the Kingdom of Bahrain (FINC-Bahrain), to exchange financial intelligence related to mone