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.

(Colombo) REUTERS: The Sri Lankan rupee fell 0.9 percent yesterday to hit a record low for a seventh straight session due to dollar demand from importers and banks to facilitate foreign bond outflows, market sources said.

Sri Lanka’s economic growth this year is expected to inch up to 3.7 percent on strong performances of the agriculture and services sectors from the multi-year low of 3.3 percent growth recorded for 2017, said HSBC Global Research. 

Rapid changes in climate conditions have put Sri Lanka under direct threat and will make it a ‘hotspot’, where failing to take corrective measures and ensuring their implementation will hind

Plantation Industries Minister Navin Dissanayake yesterday expressed confidence on reaching minimum of 320 million kilos in tea output this year, meeting industry forecasts despite adverse weather and volatile external market conditions.  &ldquo

Sri Lanka is gearing towards an export-oriented economy as the exports increased by 50 percent during last three years, while the government with the private sector would continue to introduce business-friendly economic policies and strategies to enh

The Sri Lankan government will enter into a bilateral air transport agreement with the government of Luxemburg.

Sri Lanka’s main airport, Bandaranaike International Airport (BIA), will soon get an e-gate system to speed up the immigration controls and reduce congestion.

(Colombo) REUTERS: The Sri Lankan rupee hit a record low for a sixth straight session yesterday due to dollar demand from importers and banks to facilitate foreign bond outflows, market sources said.

(Colombo) REUTERS: Sri Lankan shares ended marginally higher yesterday, edging up from their 30-month closing low hit in the previous session, as investors picked up battered shares, while sentiment was weighed down by weak rupee and continued foreig

(Colombo) REUTERS: Sri Lanka may have to downgrade its full-year forecast for tea production after output tumbled 14 percent in August from a year earlier due to a prolonged drought, the state-run Tea Board said on Tuesday. 

(Colombo) REUTERS: Sri Lanka may have to downgrade its full-year forecast for tea production after output tumbled 14 percent in August from a year earlier due to a prolonged drought, the State-run Tea Board said yesterday. 

(Colombo) REUTERS: The Sri Lankan rupee hit an all-time low of 166.10 per dollar yesterday due to dollar demand from importers and banks to facilitate foreign bond outflows, but selling of the U.S. currency by a state bank limited the fall, market so

Sri Lanka’s economy grew at an estimated 3.7 percent during the second quarter of this year (2Q18) compared to  4 percent growth reported for the same quarter, last year, and the revis

MAS Holdings made history by being recognized as the ‘Exporting Conglomerate of the Year’ at the Presidential Export Awards 2018 held at the BMICH under the patronage of President Maithripala Sirisena yesterday.  At the same event

Sri Lanka plans to hold ministerial level talks with the Chinese government this November to resume negotiations on the proposed China-Sri Lanka Free Trade Agreement (FTA).

The fashion mall at Colombo City Centre will open to the public at 4.30 p.m. today amid an ambience of colourful celebrations. 

The event management industry has flourished with innovative concepts. While it has dominated the trends in organising events it has provided an opportunity for creative minds to work at ease. Adding into this industry is Colombo Affairs (Pvt.) Ltd,

The Central Bank yesterday slammed a report by Nomura Holdings Inc., which placed Sri Lanka among the countries most vulnerable to an exchange rate crisis, largely based on erroneous data and seemingly flawed research methodology. 

The government should embrace policies and regulations to promote e-commerce and digital financial services for the country to enter into the Fourth Industrial Revolution, which would be the enabler of inclusive growth, Axiata Group Berhad CEO South

(Sydney) REUTERS: An Australian unit of German insurer Allianz SE sold travel insurance that misleadingly promised unlimited emergency medical cover wherever people were even though the policies had limits on both cost and location, a misconduct inqu

(Colombo) REUTERS: Sri Lankan shares fell slightly to a near three-week closing low yesterday as investors sold manufacturing and banking stocks in dull trade and the rupee hit a fresh low in its record-setting spree.

At the District Court of Colombo, the Ceylon Electricity Board (CEB) has agreed to pay the liabilities amounting to Rs.162 million to the Public Utilities Commission of Sri Lanka (PUCSL), within a period of two months.

The Finance and Mass Media Ministry yesterday announced the reduction of aValue Added Tax (VAT) on imported fabrics to 5 percent from 15 percent. 

Lending by Sri Lanka’s banking sector to the broader construction sector has edged up during the second quarter of this year, but substantially down from the 2017 highs when the Central 

Singhe Hospitals PLC last week said it received the shareholders’ approval to raise fresh capital by way of a private placement amid continued losses, and the management saying the company is facing a serious loss of capital.

(London) REUTERS: London’s vast financial sector must never again be the ‘masters of the economy’, the finance spokesman of Britain’s opposition Labour Party said, accusing bankers of profiting from speculation at the expense

New entrants and relatively established players are seen gaining traction in Sri Lanka’s lubricant landscape and eating into the share of the market leader, the data released by the Public Utilities Commission of Sri Lanka (PUCSL), the shadow r