Inequitable access to finance is a major barrier for women-led micro, small and medium enterprises (MSMEs) in Sri Lanka.

SLT-Mobitel Enterprise, delivering best-in-class technology for the enterprise segment, has signed a bilateral agreement with Merchant Bank of Sri Lanka & Finance PLC, Sri Lanka’s trailblazing financial institution, to revolutionise the lan

Ambeon Capital PLC and Ambeon Holdings PLC together announced the appointment of Jacky Tsoi as an Independent Non-Executive Director of both entities. Tsoi is Managing Partner of Syndicate Capital, an international investment conglomerate that focus

National tea sales average for the month of May 2024 recorded Rs. 1,266.80 (US$ 4.25), showing an increase of Rs. 49.95 (US$ 0.16) in comparison with the April 2024 average of Rs. 1,216.85 (US$ 4.09). In comparison to the May 2023 average of Rs. 1,05

In redefining electric mobility in Sri Lanka, a top global automaker operating in the two and three-wheeler segments, TVS Motor Company (TVSM), recently launched its premium electric scooter TVS iQube in Sri Lanka. This also marks th

Spa Ceylon, the world’s largest Luxury Ayurveda chain, added another accolade to its trailblazer legacy by clinching a double-win at the prestigious Pure Beauty Global Awards 2024, held recently in London, following a winning streak of 17 i

Triad (Private) Limited, Sri Lanka’s leading homegrown, independent, ‘global local’ integrated communications powerhouse, has appointed Shane Wilson as Chief Executive Officer (CEO) and Shehan Samarasinha as Chief Operating Office

Surge Global, a best-in-class design, technology and marketing firm, announced that it has secured its second landmark technology transformation project in Qatar, with an engagement in excess of a billion rupees. This event underscores Surge’s c

The ASPI closed in green as a result of price gains in counters such as Sampath Bank, Commercial Bank and Ceylon Tobacco Company with the turnover crossing Rs. 1.5 bn. Similar b

The secondary market witnessed selling pressure across the board during the day backed by moderate volumes owing to the surrounding uncertainty influenced by the IMF board meeting which is to be held on June 12. Limited trades were registered during

With reference to the article published in Mirror Business yesterday titled ‘SL Unit Trust Industry Crosses Key Milestones, Gains Tr

Fitch Ratings yesterday affirmed Bank of Ceylon’s (BOC) Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘CC’.

Fitch Ratings yesterday announced it has affirmed the National Long-Term Rating on People’s Bank (Sri Lanka) (PB) at ‘A(lka)’. The Outlook is Stable. In the announcement, Fitch

Sri Lanka and a group of creditors are in advanced talks over a deal aimed at restructuring the nation’s debt with bilateral lenders, according to people familiar with the matter, Bloomberg reported. As per sources, asking

Kelani Valley Plantations pioneers intellectual tourism concept and establishment of on-estate biodiversity conservation centre Kelani Valley Plantations (KVPL), a Hayleys Plantations company, announced a historic achievement with its Triple Crown o

Radisson Hotel Colombo recently welcomed a group of leading influencers for Air Arabia on a familiarisation tour (FAM tour) of Sri Lanka.

Colombo-based Capital Alliance (CAL), a full-service frontier capital markets solutions provider, plans to expand into other frontier markets, aiming to operate in regions with a combined GDP of US$1-1.5 trillion within the next 3-5 years.

Japan, Sri Lanka’s biggest bilateral lender after China, yesterday stressed the island nation must speed up in its debt restructuring efforts for its own betterment.

Amidst the declining interest rates and entrance of new funds, Sri Lanka’s unit trust industry has continued to gain traction this year. The number of unit trust holders surpassed 100,000 and the total net asset value (NAV) crossed Rs.500 billion a

National carrier SriLankan Airlines has managed to move towards the positive territory, as it recorded a profit for the nine months ended December 31, 2023.

The anticipated strong rebound of the economy and upcoming elections could put pressure on the interest in reversing the current declining trend in the interest rates, in the second half of the year, according to First Capital Research (FCR). However

As Sri Lanka’s tourism sector is often the victim of ad hoc policies rolled out by the authorities, industry veteran Hiran Cooray called on the government to create a working relationship between all tourism-related ministries. Reason being, many

The ASPI closed in green as a result of price gains in counters such as Ceylon Beverage Holdings, Hatton National Bank and LOLC Holdings with the turnover crossing Rs 1.2 Bn. Similar behavior was witnessed in the S&P SL20. High net worth and institut

At the weekly T-bill auction held yesterday, the Central Bank fully accepted the total offered amount of Rs.235.0 billion, with the three-month and six-month bills oversubscribed amidst higher reception whilst the one-year bill was undersubscribed.

The annual CFA Society Sri Lanka Capital Market Awards is scheduled to be held on June 18 at the Cinnamon Grand, Colombo. A signature event in the CFA Society Sri Lanka calendar since its inception in 2012, CFA Society Sri Lanka Capital Market Award

Air India has selected Hayleys as its General Sales Agent (GSA) for passenger sales in Sri Lanka. Leveraging the expertise, scale, and reliability of the Hayleys Group, the partnership will further enhance Air India’s presence in Sri Lanka to supp

The Great Place to Work For All Global Summit 2024 themed ‘Change Happens Here’, held in May in New Orleans, successfully convened over 1,600 attendees, including leaders from more than 500 companies, all dedicated to fostering Great Workplace cu

SLT-Mobitel together with the Department of Pensions announced the celebration of the 15th anniversary of Upahara, recognising state pensioners for their untiring dedication serving the nation, with special and attractive value-added device offers de

People’s Bank, announced a groundbreaking partnership with the Credit Information Bureau (CRIB) to introduce a hassle-free and efficient method for customers to register and request their individual Credit Reports (MyReport) and Credit Score (CRIB

Heritance Kandalama has been named as one of the Best Hotels in Sri Lanka by Condé Nast Traveller India. Designed by the visionary architect Deshamanya Geoffrey Bawa, this 5-star eco-retreat embodies timeless elegance, seamlessly blending the man-ma