(Unawatuna/Galle) REUTERS: Pearl Divers, a diving school on one of Sri Lanka’s most popular southern beaches, shut shop for two months after suicide bombers attacked churches and hotels on the island on Easter Sunday, killing about 250 people. It h

A team of 18 Australian travel and tour operators arrived in Sri Lanka on a 10-day familiarisation tour hosted by the Sri Lanka Tourism Promotion Bureau (SLTPB). Tourist arrivals from Australia have shown a steady increase in recent months and it is

(Manchester) REUTERS: Mathematician Alan Turing, whose cracking of a Nazi code helped the Allies to win World War Two but who committed suicide after being convicted for homosexuality, will appear on the

(Beijing) REUTERS: China’s economic growth slowed to 6.2 percent in the second quarter, its weakest pace in at least 27 years, as demand at home and abroad faltered in the face of mounting US trade pressure. While more upbeat June factory

The Japan International Cooperation Agency (JICA), in cooperation with the Tourism, Wildlife and Christian Religious Affairs Ministry, successfully completed a joint seminar themed ‘Recovery of tourism sector in Sri Lanka after the Easter bombings

Transportation and Civil Aviation Ministry last week said it had started the process of upgrading Google Maps to show public transportation services as a part of Google Transit, and it would be available for use in Google Maps covering the Western Pr

Industrial production recovered in the month of May after hitting a 3-year low in April due to traditional New Year holidays and Easter Sunday bombings that kept workers away from factories. The Index of Industrial Production (IIP) increased by 0.4 p

The Enterprise Sri Lanka exhibition organized by the Ministry of Finance will be held in Anuradhapura Walisinghe Harischandra playground from 24th to 27th this month from 10.a.m. to 10 p.m. daily.

ISLAMABAD (AFP) - Pakistan will have to pay almost US$ 6 billion in damages to a foreign gold mining firm whose dig was shut down by the government in 2011, the World Bank said yesterday.

Parliament is scheduled to take up a resolution on July 24 to grant authority to the President to declare the reclaimed Colombo International Financial City (CIFC) land as part of Colombo district. The Secretary to

SINGAPORE (AFP) - Growth in export-reliant Singapore suffered a surprise sharp contraction in the second quarter, official data showed yesterday, sending a stark warning that US-China trade tensions are hurting the global economy. The city-state’s

The Sri Lanka – Greater Mekong Business Council (SLGMBC) of the Ceylon Chamber of Commerce organized a successful business promotion mission to Myanmar recently. The delegates met with the Ambassador of Sri Lanka in Myanmar and attended the Yango

Tharaka Amarasena, the Manager of the Colombo Stock Exchange (CSE) Anuradhapura branch was recently recognized by Toastmasters International as its District 82 Toastmaster of the year for 2017/18.

HAVANA (AFP) - Cuba has revised down by about 15 percent its forecast for the number of tourists visiting this year, after a US ban on cruise ship stopovers in the Communist island, the government said on Thursday.

In the article titled ‘Adamjee Lukmanjee sets up Sri Lanka’s first pepper cleaning facility’, which was published in Mirror Business on July 11, 2019 (Page 1), it was mentioned that Adamjee Lukmanjee was the first to set up a pepper cleaning fa

HONG KONG (AFP) - Asian equities rose yesterday, building on optimism fuelled by expectations of a Federal Reserve interest rate cut, with debate now focusing on how far the central bank will go.

HAMBURG (REUTERS) - Carmaker Volkswagen will inject US$2.6 billion into Ford’s self-driving unit Argo AI at an overall valuation of US$7 billion in the deal, a source close to the matter said yesterday. Volkswagen will contribute

TOKYO (AFP) - A Tokyo-based cryptocurrency exchange said yesterday it had halted all services after losing cryptocurrency worth more than US$32 million in the latest apparent hack involving virtual money.

Tourism is the only way to overcome extreme poverty in Sri Lanka where 40 percent of the population is unable to afford three decent meals a day, Sri Lanka Tourism Promotion Bureau (SLTPB) Chairman Kishu Gomes said.

The Central Bank (CB) yesterday cut the economic growth to 3 percent for the year from the earlier projected 4 percent, as the Easter Sunday attacks adversely impacted the economic activities.

Sri Lanka is exploring the possibility of issuing 10-year Samurai bonds under the provisions of the Active Liability Management Act (ALMA) before election cycle begins. “We are going to Tokyo later this month to explore the possibility of issuing S

Banks are making progress in processing moratoriums on loans granted to the tourism sector, as the sector seeks moratorium on loans worth of Rs. 101 billion. Central Bank Governor Dr. Indrajit Coom

The Sri Lanka Tourism Promotion Bureau (SLTPB) is planning to finally ink agreements with J. Walter Thompson (JWT) this week to award almost Rs.1 billion worth PR and advertising campaigns after facing delays due to bureaucratic red tape.

(Colombo) REUTERS: Sri Lankan shares rose for the third straight session yesterday to a 12-week closing high, as investors bought diversified and telecom stocks ahead of a key policy rates announcement later in the day.

HSBC Global Research this week flagged the possibility of inflation creeping up, derailing the plans of Sri Lanka’s Monetary Board to ease monetary policy, should there be increased fiscal spending ahead of crucial national

The very first article of the 1978 constitution says Sri Lanka shall be known as the Democratic Socialist Republic of Sri Lanka. One can argue that Sri Lanka at present is neither democratic nor socialist. As for the ‘democratic’ part in the cons

Facebook has significantly increased its investments to ramp up Sinhala and Tamil language expertise targeting to curb hate speech and other harmful contents originating from Sri Lanka on the social media platform.

Adamjee Lukmanjee (Pvt.) Ltd, a subsidiary of Adamjee Lukmanjee Group of Companies established in 1865, recently launched the company’s pepper cleaning facility, at its premises on Grandpass Road, Colombo 14.

Tourism Development, Wildlife and Christian Religious Affairs Minister John Amaratunga wants the authorities to revoke the licences of financial institutions which fail to implement the financial relief package introduced to help the tourism sector r

(Hong Kong) AFP: Asian markets mostly rose yesterday after two days of losses with investors focusing on congressional testimony by Federal Reserve boss Jerome Powell.