(Kochi) ECONOMIC TIMES: Pepper exporters have expressed concern at the rising import of Vietnamese pepper routed through Sri Lanka into the country despite the imposition of minimum import price of Rs.500 per kg by India. 

(Washington) AFP: With the US economy still strong, the Federal Reserve raised the benchmark interest rate on Wednesday for the third time this year but showed no indication it would be more aggressive in efforts to head off inflation.

Tourism Development and Christian Affairs Minister John Amaratunga said yesterday the government has strongly considered the possibility of resuming the ferry service between Rameshwaram

Sri Lanka will soon raise US $ 500 million by selling ‘Panda’ and ‘Samurai’ bonds in China and Japan for the first time, in an effort to expand the country’s investor base.

The credit rating of construction major MTD Walkers PLC has been further slashed to ‘B-‘ with a Negative Outlook, from ‘BB-‘ with a Negative Outlook, on the group’s falling profitability and increasing debt.  

The Sri Lanka Chamber of Pharmaceutical Industry (SLCPI) yesterday called on the health minister and National Medicines Regulatory Authority (NMRA) for a viable pricing mechanism for the country’s pharma industry, amid the depreciation of the r

Hatton National Bank PLC (HNB) yesterday announced it would be raising Rs.7 billion in a corporate bond issue in a clear indication that the lender is getting ready to meet the higher capital ratios with the BASEL III final deadline approaching in Ja

(Colombo) REUTERS: The Sri Lankan rupee hit a fresh low of 169.05 yesterday on importer dollar demand, while intervention by the Central Bank limited the fall, market sources said.

(Colombo) REUTERS: Sri Lankan shares recovered from their lowest close in nearly five years hit in the previous session and ended about one percent higher yesterdayas investors picked up battered stocks.

Motorcar registrations remained steady in August despite the higher duties kicking in at the beginning of the month as buyers appeared to have remained unfazed at the higher vehicle prices in return for some added comfort and the glamour of owning a

(Colombo) REUTERS: Sri Lankan shares fell over 1 percent yesterday to their lowest close in nearly five years, as foreign investor selling, a weaker rupee and government plans to curb imports hurt investor sentiment.

The Rs.1.5 billion debenture issue of the consumer durables retail giant Singer Sri Lanka PLC yesterday became the latest victim of the exchange and interest rate volatilities afflicting the island nation’s economy and causing investors to pani

(Colombo) REUTERS: The Sri Lankan rupee declined yesterday and closed above its record low hit last week, while intervention by the Central Bank limited the fall, market sources said.

Sri Lanka Telecom PLC has appointed Kanishka Senanayake to its board as a Non-Executive Independent Director.

Development Strategies and International Trade Minister Malik Samarawickrama is likely to present the ‘Innovation and Entrepreneurship Strategy (IES) of Sri Lanka 2018-2022’ to the Ca

Sri Lanka’s consumer durables market, which is currently undergoing a cycle of tepid consumer demand, is expected to pick up in the medium term as consumers adjust to higher costs, according to Fitch Ratings. 

Sri Lanka plans to implement the standardised National Quick Response (QR) code-based transactions named LANKAQR shortly, aiming to speed up electronic transactions and to make electronic payments affordable to masses, while several other initiatives

MTD Walkers PLC was queried by the Colombo Stock Exchange (CSE) last week over the firm’s ability and measures taken to retire a substantial part of its debenture maturing by the end of this month, after the company failed to disclose its

Sri Lanka’s national prices, measured by the National Consumer Price Index (NCPI), eased in August but the so-called core prices, which exclude the often volatile items like food and energy, rose. 

A high-powered investment delegation led by Development Strategies and International Trade Minister Malik Samarawickrama will make a strong pitch this week for German investments to Sri Lanka.

MONTREAL (AFP) - Coca-Cola, Walmart and other big multinationals pledged this week to help reduce plastic pollution in the world’s oceans in support of a campaign by five of the G7 industrialized nations.

HONG KONG (AFP) - Asian markets enjoyed another day of strong buying yesterday, helping them to end the week with a flourish as investors looked past the China-US trade row to focus on the booming American economy.

MAKUHARI, Japan (AFP) -  At the Tokyo Game Show, the world’s top firms compete to show off their very latest in high-tech gaming gadgetry: from head-spinning virtual reality to cutting-edge multiplayer eSports.

WASHINGTON (Reuters) - Canada and the United States showed scant sign on Thursday of closing a deal to revamp NAFTA, and Canadian officials made clear Washington neede

The fast-growing boutique technology solutions firm Auxenta, has been named as one of ‘30 Most Innovative Companies to Watch for 2018’, rubbing shoulders with some of the leading tech firms around 

COLOMBO (Reuters) - Sri Lankan shares dropped to their lowest close in more than 30 months yesterday as foreign investors sold banking stocks, while a weaker rupee dented investor sentiment as well. 

SINGAPORE (AFP) - Singapore Airlines said yesterday it has stopped accepting lion bones for cargo after the carrier was singled out in a report for transporting the animal parts from South Africa.

There will be no Mirror Business on Monday (24) in view of the Poya Day. The next issue will be on 25th.  

The Enterprise Sri Lanka subsidized loan scheme has already loaned over Rs.49.1 billion to individuals and institutions, Finance and Mass Media Ministry said yesterday.

(Colombo) EUTERS:  Sri Lankan shares dropped to their lowest close in 30 months yesterday as foreign investors sold market heavyweight John Keells Holdings, while a weak rupee dented sentiment.