Port City Colombo celebrates Christmas!

Several events were held on December 22 and 23 at the Portcity Marina Promenade to celebrate the Christmas Season including...

Gavinro Investments introduces Sri Lanka’s first 300KM range EV commercial vehicle

Gavinro Investments, a famous player in the automotive space for over four decades, has joined hands with Sokon Singapore....

Exide by Browns distributes Rs.190mn among two hundred dealers

In keeping with its position as the undisputed leader in the automotive battery industry in Sri Lanka, Exide by Browns recently....

Phoenix Industries celebrates int’l accolades at Summit Awards USA

Phoenix Industries announced its outstanding achievement at the renowned Summit Awards USA, securing victories in three...

leading menswear brand Hameedia marks 75 years of fashion heritage

Hameedia, Sri Lanka’s leading menswear brand synonymous with style and quality,marks its 75th anniversary with the unveiling.....

AIA Insurance opens doors in heart of Kadawatha

AIA Insurance, Sri Lanka’s best life insurer, recently expanded its distribution footprint by opening a new regional development office ....

DFCC Bank launches Pinnacle MasterCard to unlock exclusively privileged lifestyle

DFCC Bank, a trailblazer in exclusive bespoke banking services, recently unveiled the DFCC Pinnacle MasterCard credit card...

HNB continues to champion cause of SMEs

HNB PLC, a cornerstone in Sri Lanka’s banking industry, continues to champion the cause of small and medium enterprises....

Amidst a rating outlook elevation, Mercantile Investments expands reach

Mercantile Investments’ (MI) commitment to performance and stability in the face of a highly volatile economic environment was....

Unveiling mysteries of employee engagement: Sri Lanka’s unique path

In the ever-evolving world of business, one term has been making waves across boardrooms and cubicles alike: employee....

SriLankan Aviation College awards certificates to 450 graduates

SriLankan Aviation College, a university affiliated to the International Aviation Association, is the premier institution in Sri Lanka....

Inqbaytor achieves milestone with Ticket Gadget

Inqbaytor celebrates a remarkable achievement as Ticket Gadget, Sri Lanka’s largest online travel consolidator super app for travel....

Browns Hotels & Resorts shares spirit of travel with a blend of festive cheer

As the holiday season kicked into high gear, Browns Hotels & Resorts, with its exquisite properties across the country, illuminated....

Heritance Kandalama tops LMD’s Customer Excellence Survey 2023

In a resounding triumph for Aitken Spence Hotels, Heritance Kandalama claimed the #1 spot in the prestigious LMD Customer Excellence....

Arpico unveils new Super Cool Mattress

Arpico, the long-standing frontrunner in Sri Lanka’s mattress industry, introduced the new Super Cool Mattress at an exclusive launch...

Sun Match Chairman honoured with inaugural Champion of Diversity Award

In recognition of his commitment to inclusivity, Sun Match Company and Ashoka Group of Companies Chairman Deshamanya BDR...

Exterminators recognised at TAGS Compliance Awards

Exterminators PLC, Sri Lanka’s premier pest management and environmental technology company, has once again been recognised ....

No bonuses for employees of government bodies that haven’t generated profits: Semasinghe

Finance State Minister Shehan Semasinghe yesterday said the government institutions would not be permitted to grant bonuses to employees, unless they have generated profits for the financial year 2022 and contributed to the Consolidated Fund.

SLBA defends use of parate execution

Sri Lanka’s banking fraternity yesterday expressed serious concerns on certain segments of the business community advocating for the removal of parate execution, cautioning that any such move would weaken the value of depositors’ funds.

No Mirror Business on December 25 and 26

Mirror Business will not be published on Monday, December 25 and Tuesday, December 26, in view of the Christmas holiday and Poya.

SriLankan Airlines boosts fleet with addition of Airbus A320 4R – ABS

National carrier SriLankan Airlines has added a newly leased Airbus A320 aircraft, bearing the serial number 4R – ABS, to the fleet, bumping up its total aircraft count to 22.

Nirvana Chaudhary appointed as Union Bank Chairman

Union Bank announced the appointment of Nirvana Chaudhary as Chairman of Union Bank, with effect from December 21, 2023.

Turkish business delegation visits BOI

A Turkish delegation, led by Aydin Ozu, Advisory Board Member of Penthol Group of Companies based in Istanbul, visited the Board of Investment (BOI) and Colombo Port City for a briefing on investment opportunities.

President’s Office calls for swift action to achieve agricultural modernisation

The President’s Office this week issued clear directives to the relevant authorities to expedite the implementation of the agricultural modernisation programme, so that the island nation can witness tangible outcomes at the earliest.

Oil prices gain around 1% as Red Sea tension persists

REUTERS: Oil prices rose as much as one percent yesterday as tensions persisted in the Middle East following Houthi attacks on ships in the Red Sea, although Angola’s decision to leave OPEC raised questions over the group’s effectiveness in supporting prices.

The UK edges closer to recession as new data shows economy shrinking

CNN: The United Kingdom’s economy shrank in the third quarter of this year, according to revised official data, stoking concerns that it could be heading for a shallow recession.

Timing of VAT hike raises concerns among tax experts 

As the government is leaving no stone unturned to increase tax revenue, experts in the field asserted that while doing away with Value Added Tax (VAT) exemptions is necessary, the authorities couldn’t have picked a worse time to implement the policy.

Apparel export earnings dip 13% in November

Continuing on the declining path, Sr Lanka’s apparel export earnings in November contracted by 12.68 percent Year-on-Year (YoY), totaling US$ 371.17 million.

Vallibel Finance opens for business in Matale

Strengthening its footprint islandwide, Vallibel Finance recently inaugurated its new branch in Matale. The new location was inaugurated by the senior management of Vallibel Finance, in the presence of the staff and customers in the r

Sri Lankan Bankers Association in UAE holds inaugural Members Night

The inaugural Members Night of the Sri Lankan Bankers Association in the UAE (SLBA - UAE) was held recently, at Crown Plaza