While strongly condemning the Easter Sunday terror attacks on hotels and places of worship, The Hotels Association of Sri Lanka (THASL) yesterday said the attacks will have an adverse impact on the country’s tourism industry.

Sri Lanka’s trade deficit significantly narrowed in February, largely owing to the slowdown in imports due to the measures taken by the Central Bank and government and increase in exports, the data released by the Central Bank showed, yesterday.

Daily Mail: Billionaire ASOS owner Anders Holch Povlsen has lost three of his four children in the Sri Lanka terror attacks on Easter Sunday.

Sri Lanka is to introduce several wartime security measures, including setting up baggage scanners at popular hotels and formulating an emergency plan to ensure the safety of tourists visiting the island, in the aftermath of the Easter bomb attacks t

The board of directors of the Sri Lanka Association of Software and Services Companies (SLASSCOM) said they were shocked and deeply saddened by the multiple explosions that occurred Sunday morning.

(Colombo) REUTERS: With its capital under curfew following devastating Easter Sunday bomb attacks on churches and upmarket hotels, Sri Lanka is filled with fear, horror and grief and tourists who have been flocking to the Indian Ocean island could ca

(Colombo) REUTERS: The Sri Lankan rupee fell 0.4 percent on importers’ dollar demand in thin yesterday trading, after deadly explosions rocked the Indian Ocean island on Easter Sunday that killed at least 290 people.

The Colombo Stock Exchange (CSE) in consultation with the Securities and Exchange Commission of Sri Lanka yesterday announced that trading and related market operations will resume today.

This marks the fourth in a series of articles that analyse the economic aspects of the Presidential Election 2020.

The Autonomous Database, the newest offering in Oracle’s product portfolio, is said to be showing tremendous growth in ASEAN and SAGE regions, according to the cloud company’s top management.

Sri Lanka emerged as a potential hot-spot for investments after the end of civil conflict in 2009.

(Shanghai) REUTERS: World leaders meeting in Beijing this week for a summit on China’s Belt and Road initiative will agree to project financing that respects global debt goals and promotes green growth, according to a draft communique seen by Reute

Gulf Air yesterday said its flight to and from the Sri Lankan capital are operating as normal. “Gulf Air sympathises with the people of Sri Lanka amidst the bombings that occurred yesterday in a number of locations, and would like to confirm that i

The joint chambers of commerce strongly condemned the multiple explosions that occurred yesterday at religious places and several hotels in Colombo and suburbs. “We strongly condemn these attacks. Our thoughts and prayers are with the victims, the

The country’s tourism authorities are hopeful of hosting the International Trade in Endangered Species of Wild Fauna and Flora’s (CITES) World Wildlife Conference next month where over 3,000 foreign delegates and media are expected to attend desp

(Colombo) AFP: A series of eight devastating bomb blasts ripped through high-end hotels and churches holding Easter services in Sri Lanka yesterday, killing at least 207 people, including dozens of foreigners. Prime Minister Ranil Wickremesinghe co

Sri Lanka’s trade deficit slumped to US $ 617 million in January, from US $ 701 million recorded in the same month in 2018, as the country’s import bill declined significantly while recording a modest growth in exports.

Finance Minister Mangala Samaraweera shared Sri Lanka’s experience in inclusive growth, at the Ministerial Financial Dialogue at the UN Economic and Social Council (ECOSOC) Financing for Development (FfD) Forum, in New York.

Sri Lanka’s Export Development Board (EDB) warns that the looming Sri Lanka Ports Authority’s (SLPA) arbitrary tariff hike is likely to hamper the country’s export targets and the current export growth momentum, while potentially jeopardising t

The member exporters of the National Chamber of Exporters (NCE), which is the only private sector chamber that exclusively serves Sri Lankan exporters, have expressed their concerns regarding the university undergraduates’ regular street protests.

(Sydney/Tokyo) REUTERS: Japan’s Nippon Paint Holdings Co Ltd has proposed buying Australia’s biggest paint maker DuluxGroup Ltd for A$ 3.8 billion (US $ 2.7 billion), expanding its global footprint though entering Australia just as a housing boom

Sri Lanka has the potential to achieve US $ 6 billion in apparel exports in 2020 by capitalising on automation to get premium prices for the country’s apparel exports with high-quality apparels.

Mangala Yapa has been appointed as the new Chairman of the Board of Investment by President Maithripala Sirisena. Yapa assumed duties as the 22nd Chairman of the country’s apex investment promotion authority, following an earlier stint as a member

The Ministry of Science, Technology and Research is to kick off a four-year National Entrepreneurship and Innovation Strategy in Kuliyapitiya this June, with the objective of increasing high tech ex

Ports, Shipping and Southern Development Minister Sagala Ratnayaka announced that Sri Lanka Ports Authority (SLPA) was in the process of purchasing three Ship to Shore (STS) cranes in view of the Jaya Container Terminal (JCT) 5 expansion. “I am gl

The Central Bank of Sri Lanka, with support from International Finance Corporation (IFC) and the United Nations Development Program (UNDP) recently launched the Sustainable Finance Roadmap for the financial sector t

Full loan exposure to the beleaguered construction group, MTD Walkers PLC by all lenders, will be classified as non-performing, and provisions will also be made against the outstanding value of those loans, with immediate effect. In a rather unusua

Mirror Business will not be published on April 13, 14, 15 and 16 due to Avurudu holidays. The next issue will be on April 17.

The World Bank (WB) says that the performance of Sri Lanka’s State-owned firms can be improved by replacing various subsidy schemes with a guaranteed minimum income for poor people in the country, which would also empow

REUTERS: The Sri Lankan rupee closed slightly firmer yesterday, supported by dollar inflows from remittances ahead of the traditional New Year, while stocks ended lower due to foreign outflows in moderate trade.