Singapore Tourism Board and SIA partner Sri Lankan travel trade to reignite outbound travel

The Singapore Tourism Board (STB) and Singapore Airlines (SIA) joined hands to reignite travel amongst trade partner-friends and media in Sri Lanka through a myriad of engagement activities, which....

Aitken Spence’s Heritance Kandalama takes spotlight at Delhi’s first Bawa archive show in India

Premier hospitality company Aitken Spence Hotels iconic resort Heritance Kandalama is at the centre stage at the National Gallery of Modern Art (NGMA) Delhi at the ‘Geoffrey Bawa: It is Essential to be There’ architectural....

Emirates Skywards with Dilmah Tea to offer members exclusive tea-inspired experiences

Emirates Skywards, the award-winning loyalty programme of Emirates and flydubai, has partnered with Dilmah Tea to offer members an exciting opportunity to experience the lush tea plantations...

What Went Wrong …

Mirror Business guest columnist Chandrasena Maliyadde recently launched his book titled ‘What Went Wrong’ at the BMICH. Maliyadde is a former Ministry Secretary and is currently a Vice President of the...

CIPM and University of Kelaniya MoU to collectively develop HR profession

CIPM Sri Lanka, the nation’s leader in human resource management, entered into a memorandum of understanding recently with the University of Kelaniya, to collectively develop the human resource....

Netherlands Ambassador to Sri Lanka visits National Chamber

Netherlands Ambassador to Sri Lanka Bonnie Horbach visited the National Chamber recently along with the officials of the embassy, Senior Policy Adviser Economic Affairs and Sustainability Shanila Athulathmudali and...

Power, Energy and Construction Expo 2023 in July

The Power, Energy and Construction Expo is set to take place from July 7-9, 2023, at the BMICH Exhibition Centre, Colombo. The expo will showcase....

Forbes lists Sri Lanka as one of 23 best places to visit in 2023

US-based international travel influencer Juliana Broste, a 12x Heartland Emmy Award-winning travel filmmaker and host, showcasing adventures and fun things to do around the world, recommended Sri Lanka to be listed as one of the best places to visit in 2023 and as a result of her continuous effort, Sri Lanka has been listed on the Forbes list as one of the 23 best places to visit in 2023.

Asiri Group plans US $ 100mn hospital in Port City Colombo

Sri Lanka’s largest private sector healthcare provider Asiri Hospital Holdings PLC, a unit of Softlogic Group, in a landmark announcement yesterday disclosed its plans to set up a state-of-the-art hospital within China-backed Port City Colombo (PCC).

SL’s official unemployment rate masks true labour market conditions

Sri Lanka ended 2022 with an official unemployment rate of 4.8 percent, a figure which masked much of the anomalies in the country’s labour market, as many people either migrated or gave up looking for work when the economy fell into its worst slump in the country’s post-independent history.

Finetech Consultancy appoints two renowned professionals to its board

Sri Lanka’s single largest multi-cloud solutions provider Finetech Consultancy (Private) Ltd (FCPL) recently welcomed two eminent professionals to its board.

Lanka IOC gets new Managing Director

Lanka IOC PLC (LIOC) has announced the appointment of Dipak Das as the new Managing Director from April 14, 2023.

March Purchasing Managers’ Index gets festive boost and sends signals of an economic rebound

The Purchasing Managers’ Index (PMI) turned positive in March, after a months-long contraction, particularly in the case of manufacturing, due to both the festive demand and the signs of an end to the economic contraction, which set off last year.

Christine Lagarde says has ‘huge confidence’ that US won’t default on its own debt

Christine Lagarde, President of the European Central Bank, said she has “huge confidence” the US will not allow the country to default on its own debt during an interview on CBS’ “Face the Nation” Sunday.

Chinese engineer in Pakistan police protection after blasphemy accusation

A Chinese supervisor at a dam construction project in Pakistan is under police protection after workers accused him of blasphemy against Islam, officials said yesterday.

Ceylinco General Insurance crowned as ‘People’s General Insurance Brand’ for 17th consecutive year

Ceylinco General Insurance expresses its heartfelt gratitude to the people of Sri Lanka for being crowned the ‘People’s General Insurance Brand of The Year’ at the 2023 SLIM Kantar People’s Awards, for a record 17th consecutive year.

Save while you spend with 1% CashBack on DFCC Bank credit cards

Understanding customers’ needs, DFCC Bank credit cards provide a generous 1 percent guaranteed CashBack feature for all cardholders 365 days a year.

LOLC Al-Falaah honoured for regional excellence in Islamic Finance

LOLC Al-Falaah was honoured with four awards at The Islamic Finance Forum for South Asia (IFFSA) for their achievements and exceptional performance in expanding the frontiers of Alternate Finance in the domestic and global financial arena.

Sri Lanka Insurance felicitates MDRT top performers at ‘MDRT Day 2023’

Sri Lanka Insurance held its ‘MDRT Day 2023’ to honour and recognise the MDRT winners of Sri Lanka Insurance for 2022.

HNB and Browns Agriculture empower farmers with convenient access to farming equipment

Following up on recent efforts to support the agricultural sector despite the challenges they face today, HNB PLC partnered with Browns Agriculture, the pioneer of agricultural machinery in Sri Lanka.

PayMaster wins big at LankaPay Technnovation Awards

Leading home-grown one-stop payment app PayMaster has won two awards at the recent LankaPay Technnovation 2023 Awards. The app won the Gold Award for Best Mobile Application for Retails Payments in the Fintech sector and a Merit Award for Most Popular Digital Payment App of the Year.

NDB boosts remittances with Western Union

National Development Bank PLC (NDB) recently re-launched one of its iconic campaigns - “Salli Ratin – Thagi Apen” to promote and encourage the channeling of foreign remittances through the Western Union money transfer platform.

Russia’s oil exports back to pre-war levels despite Western sanctions

Russia’s oil exports have bounced back to levels last seen before it invaded Ukraine, despite a barrage of Western sanctions. Moscow’s exports of crude oil and....

How much does it cost to have a Kevili table in 2023?

How much does it cost to have a Kevili table.....

Leasing Council of the Bankers launches high-tech website

The Leasing Council of the Bankers of Sri Lanka (LCBSL) launched its state-of-the=art website with the patronage of President Kanchana Karunagama and Executive Committee members recently. Speaking...

Paris Club says aims to start Sri Lanka debt negotiations

The Paris Club of creditor governments aims to start negotiations to restructure Sri Lanka’s debt, the group said last Friday after a creditor committee was set up this week. The Paris Club....

Maliban wins SLIM Kantar People’s FMCG Brand of the Year 2023

Maliban has been awarded the SLIM Kantar People’s FMCG Brand of the Year 2023 Award – which recognises its outstanding commitment to quality and excellence, a reputation it has maintained for almost 70....

Japan approves plan to open its first casino

Japanese officials have approved controversial plans to build the country’s first gambling resort. The complex will open in the western city of Osaka in 2029. Casinos have long been illegal....

Sri Lanka’s bondholders send debt rework proposal to government, sources say

A committee of Sri Lanka’s international private creditors sent its first debt rework proposal to the country’s authorities regarding more than US$ 12 billion in bonds outstanding, according to three...

Sri Lanka targets US$ 14 bn in foreign reserves when it comes out of IMF programme 

Sri Lanka will emerge with its highest ever foreign currency reserve buffer when it comes out of the four-year economic stabilisation package with the International Monetary Fund...