Apple, the world’s most renowned and progressive technology brand, has appointed Abans PLC as the authorized distributor and importer of Apple productsin Sri Lanka. 

IFC, a member of the World Bank Group, is partnering with Sri Lanka’s Commercial Bank of Ceylon for a US $ 100 million financing structure to help the bank increase lending for renewable energy and energy efficiency projects in the country.&nbs

Large state banks lending to small and medium enterprises (SMEs) through government influences could be one reason for the moderately high private credit growth rate this year, the Central Bank said recently.

Kotagala Kahata customers are in for a bonanza with the ‘Kotagala Kahata – Rasa Wasana’ consumer promotion, which began on June 22nd. 

Sri Lanka’s high-density polyethylene (HDPE) and recycling industry yesterday said the looming ban on polythene is likely to affect Sri Lanka’s retail economy, exports and even garbage disposal.

Sri Lanka should celebrate the 150 years of its tea industry with a hard look at the sector in order to make it vibrant, so that it could overcome the challenges running up to 2050, when vast social and economic changes take place in the world, Prime

Island Dairies (Pvt) Ltd, Kegalle, a leading company involved in manufacturing dairy products using milk of our own country won the President’s award for the island’s best manufacturer of dairy products at the recent National Programme on

CIC Holdings PLC, one of the leading blue-chip conglomerates in the country, re-launched their website with a refreshing new outlook that includes easy navigation with user-friendly features taking user experience to a whole new level.

Several officers of the Govi Samithiya, the Department of Agrarian Development and other government bodies attended the ceremonial inauguration of the project on 20th July together with 

The National Forum for Life Insurance Advisors (NAFLIA) will take place for the 8th consecutive year with 2017’s theme being, “Towards the Day All Sri Lankans are Insured- “Are we ready?” 

Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing company that accelerates business outcomes for its clients, reported consolidated financial results for the first 

Activated carbon manufacturer Haycarb PLC said the supply shortages in the Indonesian operations and high coconut shell prices in Sri Lanka, India and Thailand are hurting its operations, and hence is looking at the possibility of passing on a fair s

The turnaround in the tea segment and the sustained profitability in the palm oil segment propelled Watawala Plantations PLC’s (WATA) profits during the April - June quarter (1Q18) when the plantations group was readying to segregate its tea bu

National Development Bank PLC Chief Financial Officer (CFO) Faizan Ozman has tendered his resignation following a controversial whistleblowing incident, Mirror Business reliably learns.

Access Engineering PLC (Access) is interested in exploring opportunities of setting up its own educational institute to impart vocational skills on to Sri Lankan youth and attract them to the labour-scarce construction industry.

Sri Lanka’s fiscal deficit for May 2017 fell 10.93 percent compared to 12 months ago to Rs.52.16 billion, with increased public investment overtaking higher income revenue, pushing the deficit for the first five months of the year down, oversha

REUTERS: The Sri Lankan rupee ended firmer yesterday, as dollar selling by banks surpassed mild importer demand for the greenback in dull trade after the long weekend, dealers said.

REUTERS:  Sri Lankan shares fell for an eighth straight session yesterday, posting their lowest close in nearly 3-1/2 months, with blue chips such as John Keells Holdings Plc leading the decline while selling by foreign investors also weighed on

Chartered Accountant Lakshman Athukorala was recently appointed to the Independent Audit Advisory Committee of the United Nations Industrial Development Organization (UNIDO), in Vienna, Austria as recommended at the 45th session of the Industrial Dev

Women in Logistics and Transport (WiLAT), the Women’s Forum of The Chartered Institute of Logistics and Transport (CILT) Sri Lanka organized a field visit to the Finlay Cold Storage (Pvt) Ltd at Welisara recently. Members of WiLAT, undergraduat

Suboroto Bagchi, India’s best selling business author and acclaimed entrepreneur who co-founded Mindtree, a US$ 500 million global IT service company with over 15,000 employees, will be the keynote speaker at the India Day celebrations to be ho

Greentel Mobile introduces their Greentel X7 smart mobile phone which is undoubtedly a highlighted product that touches trendy choices of mobile fans. 

Evoke International is a 360-degree mobile service solutions provider, offering telecom operators a business enhancing ‘Value Added Service’ (VAS) that keeps them top of mind and current. 

Bairaha Farms PLC strengthened its director board recently with the appointment of two new directors.  They are M. I. Wahid, the current Group General Manager of Bairaha Farms PLC and Prof. Harischandra Abeygunawardena. 

Fortinet, the global leader in high-performance cyber-security solutions,announced it has been recognized as a leader in the 2017 Gartner Magic Quadrant for Enterprise Network Firewalls. 

The MoU is signed between Fitis and Slasscom to achieve collaborative efforts in developing the Information and communication (ICT), knowledge services and innovation sectors of Sri Lanka on recently. 

Damro Group, South Asia’s leading furniture retailer opened its largest showroom in Sri Lanka in Katubedda recently as it is on a major expansion drive throughout the country. 

The employees in Sri Lankan firms may start to demand higher wages, after observing the higher price levels of goods and services stemming from weather-related supply-side disruptions, the Central Bank cautioned.

Sampath Bank PLC reported earnings of Rs.18.72 a share or Rs.3.49 billion profit for the quarter ended June 30, 2017 (2Q17), an increase of 39.1 percent from a year ago, mainly due to a jump in exchange and dividend incomes.

Tourist arrivals to Sri Lanka this July fell 1.8 percent to 205,482 tourists compared to July 2016, as the Chinese tourist boom, which pushed up the market growth during the last off-season, petered out, bringing to question whether even the revised