Celebrating a decade of fruitful collaboration, Singer, the exclusive distributor for Sony Electronics in Sri Lanka, was honoured as a Strategic Alliance Partner at Sony’s recently held Annual Business....

Fitch Ratings has affirmed Sri Lankan cable manufacturer Sierra Cables PLC’s National Long-Term Rating at ‘A+(lka)’. The Outlook is Stable. The affirmation....

The secondary market saw slight buying interest during the early trading hours yesterday, largely on the 01.06.26 maturity, which recorded trades at 10.50 percent. However....

The Court of Appeal has dismissed the objections by Hatton National Bank (HNB) against a previous order preventing the bank from seizing assets belonging to New Nawaloka....

CEAT Kelani International Tyres (Pvt.) Ltd has assured the customers, stakeholders and public that the company has no dispute over customs duties with the Customs Department....

The ASPI edged down as a result of price losses in counters such as Hatton National Bank, Sampath Bank and John Keells Holdings with the turnover crossing....

Cartoon of the Day 08-05-2024

Colombo will be among the first set of destinations to be served by Emirates’ A350 aircraft entering service in September 2024, the airline announced yesterday.

While Sri Lanka’s petroleum industry awaits the establishment of a new regulator, concerns are being raised about the potential for unauthorised players to enter the market, particularly in the lubricant sector.

Politics and economics are concepts that are fundamentally intertwined. Yet the unprecedented economic crisis of 2022 highlighted the complex challenges of aligning short-term political goals with long-term economic strategies. While the sharp apprec

Concluding a two-day visit, IFC’s Vice President for Asia Pacific, Riccardo Puliti, signaled IFC’s commitment to supporting Sri Lanka’s ongoing reforms and growth agenda, while emphasizing the importance of private sector-led development for in

Janashakthi Group (JXG) has appointed Minette Perera and Vishnu Balachandran as Independent, Non-Executive Directors to the company’s director board. Minette Perera has a career as the former Group Finance Director of the MJF Group, where she play

NDB Bank announced a groundbreaking leap in the realm of banking technology with the introduction of the country’s first wearable pay band, NDB WriztPay, in collaboration with VISA. This innovative offering redefines convenience and security in fi

HNB General Insurance has recently launched their dedicated hotline ‘1303’, unleashing their latest initiative for enhanced customer experience. The new hotline ‘1303’ is set to be a game changer for both the company and for customers alike b

Vallibel Finance opened a new branch in Athurugiriya recently. The Managing Director of Vallibel Finance Jayantha Rangamuwa, graced the occasion of the inaugural ceremony and declared opened the branch to the public. During the inaugural ceremony,

HNB PLC announced the achievement of ISO 9001:2015 certification for its Inward Remittance, Outward Remittance, and Centralized Operations Departments. The certification not only highlights HNB’s commitment to service excellence but also further st

As online financial fraud incidents are on the rise, financial sector stakeholders have called on the public to be cautious and be more vigilant. In a joint statement to the public, the Central Bank of Sri Lanka (CBSL), Sri Lanka’s Bankers Associat

Indices closed in red as a result of price losses in counters such as Commercial Bank, John Keells Holdings and DFCC Bank with the turnover crossing Rs 2.1 Bn. High net worth and institutional investor participation was noted in John Keells Holdings,

The secondary market continues to observe buying interest amidst moderate volumes, pushing down the rates across the yield curve. Thus, the buying interest was enticed on 15.05.26, 01.06.26 and 15.12.26 between 10.70 percent and 10.50 percent, whils

As Sri Lanka looks to build back its exports, it is vital that the island nation remains a competitive location for the manufacture of apparel, the Joint Apparel Association Forum (JAAF) said. JAAF Secretary General Yohan Lawrence noted it is pruden

REUTERS: Huawei Technologies’s net profit leapt 564 percent to 19.65 billion yuan (US $ 2.71 billion) in the first quarter, a regulatory filing by its parent company showed on Tuesday, as it continues to recover from US sanctions. Huawei’s revenu

BBC: Brewing giant Heineken will reopen 62 pubs that were closed in recent years and invest £39 million in refurbishing hundreds of sites across the UK. The company said the cash injection into its Star Pubs & Bars chain will create more than 1,000

The Colombo Stock Exchange (CSE) said that efforts are being actively rolled out to introduce sukuk products to the Sri Lankan capital market by the end of this month. A sukuk is an Islamic financial instrument, similar to conventional debt securiti

VFS Global, which is currently facing a backlash, vows to boost Sri Lanka’s global image through a robust marketing plan with Sri Lanka Tourism. However, the details remain under wraps from the tourism authorities, Mirror Business learns.

Open source technology provider WSO2 announced on Friday that it has signed a definitive agreement to be acquired by EQT.

Sri Lanka tourism witnessed a drop in momentum in April with the number of international visitors falling below the 200,000....

The Colombo Stock Exchange (CSE) remains bullish on adding 10 new equity listings to the exchange by end ....

As the Yala season approaches, farmers are hard at work preparing their paddy fields. A farmer in Gampaha...

The International Finance Corporation (IFC) has entered into an agreement with Sunshine Healthcare Lanka (SHL), the healthcare....

Sri Lanka’s tourism industry faces a setback this summer as it is losing Russian charters to competitors. The decline comes...