REUTERS: Monetary policy transmission to the real economy in Sri Lanka is still incomplete, the Governor of the country’s Central Bank, Nandalal Weerasinghe, said at a LSEG FX Community Event yesterday. Weerasinghe said he would like to see private

Sri Lanka is hopeful of starting tea exports to Iran under the barter deal from this month onwards with formalities to operationalise the arrangement...

The Board of Directors of People’s Bank has announced the appointment of Clive Fonseka as the Chief Executive Officer/General Manager...

Pan Asia Bank announced that Jayantha Rangamuwa is stepping down from the position of Chairman of Pan Asia Bank with effect....

Sri Lanka Insurance (SLIC) yet again has outshined its own record to declare the largest life insurance bonus in the industry amounting to a staggering...

A delegation from CPA (Certified Practicing Accountant ) Australia, one of the world’s largest accounting bodies, met with the Chairman of BOI...

The Ministry of Ports, Shipping, and Aviation is planning to re-construct the Talaimannar pier to facilitate passenger vessels from Rameswaram...

The Sri Lanka Tourism Promotions Bureau (SLTPB) yesterday confirmed to Mirror Business that certain irregularities have taken....

Haycarb PLC, a global leader in high-value coconut shell activated carbon and a member of the Hayleys group announced the launch of ‘ACTIVATE....

Island Tea Co. & Ceylon Coffee Club is owned and operated by Ceylanka Trading Inc., a registered company under the Securities.....

The Exporters’ Association of Sri Lanka (EASL), which is an approved association of the Ceylon Chamber of Commerce, held its 26th Annual.....

CIPM Sri Lanka, the nation’s leader in human resource management, unanimously re-elected outstanding HR professional and business....

The Industrial Association of Sri Lanka (IASL), the esteemed trade association representing industries and manufacturing companies....

Bank of Ceylon (BOC), Sri Lanka’s No. 1 Bank, was once again ranked by The Banker UK magazine, among the world’s top 1,000 banks....

People’s Bank, the trailblazer in Sri Lanka’s banking and financial services landscape, has once again clinched prestigious honours....

First Capital Treasuries PLC has announced the appointment of Sachith Perera as the company’s new CEO, with effect from July 31, 2023. A stock....

Amãna Bank announced an Employee Share Option Plan (ESOP) following a streak of commendable performances in the last few...

Ceylinco Life has opened the latest of its eco-friendly branch buildings in Ja-Ela on company-owned land, providing customers....

Pan Asia Banking Corporation PLC reported higher earnings for the quarter ended on June 30, 2023 (2Q23), backed by trading....

The Initial Public Offering (IPO) of the shares of Agarapatana Plantations Limited, one of Sri Lanka’s leading, innovation-driven plantation companies, will open next week, on August 10, at 9:00 a.m.

The Colombo Tea Auction this week saw the implications of the volatility in the currency, which continues to adversely hit the tea market with a degree of uncertainty, the tea brokers said.

The national tea sales average for the month of July 2023 recorded Rs.1,011.44 (US $ 3.18), showing a slight gain of Rs.37.08 from the previous month. However, in US dollar terms, it is a decrease of US $ 0.06.

The Sri Lanka Food Processors Association (SLFPA) and Lanka Exhibition and Conference Services (Pvt.) Ltd yesterday kicked off the 20th edition of the Profood Propack & Agbiz Exhibition, at the BMICH Exhibition Centre.

Saumitra Gupta has been appointed as the new Chief Executive Officer (Actg.) of Hutch Sri Lanka effective from 1st August 2023.

India has placed restrictions on the import of computers and laptops in a surprise move from the government of Prime Minister Narendra Modi which has been trying to encourage domestic manufacturing in the tech sector.

The implementation of the Sri Lanka Unique Digital Identity (SL-UDI) Framework will be expedited with India’s support by extending an advance of INR 450 million.

The government yesterday said 11,000 acres of abandoned paddy lands would be cultivated before the end of this year, in order to prepare for the potential food crisis.

Asia Capital PLC yesterday said Seylan Bank has adopted debt recovery action against two properties owned by Beach Resorts Kosgoda (Pvt) Ltd and Wadduwa Resorts (Pvt) Ltd, which are subsidiaries of Asia Capital.

Sri Lanka plans to increase TEU handling capacity of the Colombo Port to 35 million TEUs from the current 8.5 million TEUs with the completion of East Container Terminal, Jaya Container Terminal V (JCT-V), Western International Container Terminal (WI

Capital Alliance Securities (CAL), a full-service frontier market investment bank yesterday launched an innovative web-based platform - AnalytiCAL, which is designed to revolutionise the way investors approach equity investing.