In alignment with its strategic roadmap and unwavering commitment to advancing customer experiences while bolstering payment acceptance capabilities in the market, Sri Lanka’s....

Hapag-Lloyd Lanka, a subsidiary of Aitken Spence PLC and the local representation for Hapag-Lloyd-AG-Hamburg, won two Customer Service Awards for the Europe Trade and Mediterranean Trade....

Ras-Al-Khaimah (RAK) - Sri Lanka Trade Fair and Business Forum 2024 is set to be held from May 17 to 19, in the United Arab Emirates (UAE). The event, organised by the Chamber....

Sri Lanka’s first Metal Payment Card has been introduced by Nations Trust Bank and American Express. The launch of this payment Card – ‘The American....

The stock market is a critical pillar of any nation’s economy, providing companies with a platform to raise capital by issuing shares to investors. This process fuels business expansion, fosters investment....

Tesla, opens new tab is laying off more than 10% of its global workforce, an internal memo seen by Reuters on Monday shows, as it grapples with falling sales and an intensifying price war for electric vehicles (EVs).

Sri Lanka’s celebrity chocolatier, chef and agriculture enthusiast Gerard Mendis faces an uphill battle in his bid to take single-origin Sri Lankan chocolates global. This is primarily due to the shortage of cocoa beans and absence of active cooper

The Central Bank has purchased the most amount of dollars for a single month in March, a sign that the country is currently in a very comfortable position in its foreign currency liquidity, after two years into the worst currency crisis in the countr

Sri Lanka is currently at a critical juncture where luring foreign investors is imperative for its development agenda. However, lack of transparency and policy inconsistency has made this a rather challenging task. Mirror Business recently sat with C

Union Assurance had organised exclusive overseas tours to recognise and reward the outstanding performance of its Agency and Bancassurance divisions. These tours reflect Union Assurance’s commitment to providing best-in-class rewards and recogniti

The Sri Lanka Pakistan Business Council (SLPBC) of The Ceylon Chamber of Commerce recently paid a courtesy call on the newly appointed High Commissioner of Pakistan in Sri Lanka, Major General (R) Faheem Ul Aziz, HI (M). During the visit, both parti

Sri Lanka recently witnessed a groundbreaking moment in its agricultural sector as the first 100 agriculture drones took flight at Sooriyawewa KDU Southern Campus ground, marking a significant leap forward in modernizing the country’s farming pract

Hayleys Fabric PLC recently announced that three of its innovations were recognized at the ISPO Textrends Spring/Summer 2026 in Germany. Serving as a key global benchmark for innovation in the textile industry, the German platform showcases breakthro

The Asian Development Bank (ADB) stressed that for Sri Lanka, the near-term priority during economic recovery is to lay institutional and structural frameworks for an inclusive social protection system.

Generating employment and supporting sustainable livelihoods are crucial steps in reducing poverty in Sri Lanka, the ADB said. The Manila-based lender said this can begin by improving workforce productivity, particularly in agriculture, which employs

As indicated by the Central Bank, the credit extended by the commercial banks to the private sector showed some growth in February, after a surprise decline in January, which had been mostly caused by the appreciation in the currency. The total outst

Sri Lanka’s consumer confidence soared to unprecedented heights in March but a late-month dip has analysts on edge, according to a report from the Institute for Health Policy (IHP). “Indices have been improving since the start of this year, so th

Extending the growth momentum, the international tourist arrivals to Sri Lanka crossed the 50,000 mark during the first nine days of April.

The Hambantota International Port (HIP) has ventured into container transshipment operations, partnering with Switzerland-based Mediterranean Shipping Company (MSC). Container ship MV MSC Ingrid made her maiden call at the HIP on Tuesday, dischargi

The Cabinet nod has been granted to establish Youth Agripreneurship Villages at Divisional Secretariat level, in a bid to attract youth to the agriculture sector, with the use of the latest technologies. Agriculture and Plantation Industries Minist

Assetline Finance Limited (AFL) announced the appointment of Nanda Fernando as Independent, Non-Executive Director of the company. Fernando currently serves as a business consultant. A banker with over four decades of experience in banking, he is a

Ravi Tissera has been appointed to the board of HNB Finance PLC as an Independent Non-Executive Director, effective from April 4, 2024. Tissera is an inclusive finance, impact investing, green finance and MSME sector specialist, with over 15 years’

The reforms to the governance of Sri Lanka’s state-owned banks will soon kick off, with the Cabinet approving the implementation process, this week. On Monday, the Cabinet of Ministers affirmed the resolution furnished by President Ranil Wickremesi

The Committee on Ways and Means has instructed the Inland Revenue Department (IRD) to collect the data of individuals earning above Rs.100,000 per month, on a digital platform, instead of all persons above 18 years of age. The committee, which met un

BBC: Banking giant HSBC is selling off its business in Argentina at a US $ 1 billion (£790 million) loss after years of battling with the country’s unstable exchange rate. HSBC Argentina, which has more than 100 branches and 3,100 employees, will

Sri Lanka’s labour force participation rate hit a new low in 2023, the recently published Labour Force Survey (LFS) annual bulletin highlighted.

The world’s first Cinnamon Museum was unveiled this week in Mirissa Hills, a cinnamon estate near Weligama. The opening event was graced by Tourism Minister Harin Fernando....

Sri Lanka Insurance concludes year 2023 with a profit before tax of Rs. 10.6 billion, reflecting an improvement in combined Gross Written Premium (GWP) of Rs. 44.2 billion, a growth of 7.2.....

Sri Lanka’s middle class consumers are willing to shift from established brands to cheaper, lesser-known alternatives, or even try unbranded loose products at a time of shrinking....

Amana Bank has announced the appointment of Delvin Pereira to its director board as a Non-Executive Independent Director with effect from 28 March 2024. With experience....