International Monetary Fund (IMF) chief Kristalina Georgieva yesterday received firsthand insights on Sri Lanka’s progress in its reforms efforts with President Ranil Wickremesinghe sharing details on key economic matters.

The expansion of Sri Lanka’s digital economy will help boost the country’s Gross Domestic Product (GDP) by US$ 15 billion in the coming years, if development efforts in this regard are consistent, said the Federation of Information Technology Sri

The Central Bank yesterday released the ‘Financial Soundness Indicators’ as a key tool for communicating the performance of banks and finance companies supervised by the financial sector regulator. The publica

IndiGo yesterday announced the introduction of new direct flights between Hyderabad and Colombo from November 02, 2023. It is the first Indian carrier to pr

Sunil Wijesinha, Chairman of Watawala Plantations PLC, has been honoured with the ‘Order of the Rising Sun’ by the Government of Japan. This decoration was conferred upon him for his remarkable and enduring contributions to enhancing the Japan-S

Sri Lanka’s cinnamon industry received fresh exposure with a research on unique characteristics of Ceylon Cinnamon being published this week (20) in an international, peer-reviewed, open-access, online science publication, Plos One. Carried out by

In a significant diplomatic meeting, President Ranil Wickremesinghe held a fruitful meeting with the Prime Minister of Bangladesh Sheikh Hasina, in New York this week. The meeting focu

Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, is extending an invitation to all Sri Lankans to join the Dialog Innovation Challenge, a national endeavour to propel the country through digital transformation and create the digit

SLT-MOBITEL, the national ICT solutions provider, is partnering with Lanka Realty Investments PLC, a leading real estate developer, to bring advanced fibre solutions and cutting-edge connectivity to the Mulberry Residential Complex, redefini

Jaffna Housing and Construction Expo 2023, the first-ever housing and construction exhibition in Jaffna, was held at the Murthuwel ground, on September 15, 16 and 17, 2023. This exhibition was organi

DCS International, a subsidiary of diversified Sri Lankan company LIMRA Holdings Limited, has expanded its product portfolio by entering into a partnership with Zhejiang Uniview Technologies, one of the leading manufacturers of IP-base

Rocell, the expert of design and the market leader in premium surface coverings and bathware in Sri Lanka, proudly announces the

Abans, renowned pioneer in home appliances and electronics, has joined forces with Centrepoint Homes (Pvt.) Ltd to provide a complete furniture solution under one roof. The primary objective of

IndiGo yesterday announced the introduction of new direct flights between Hyderabad and Colombo from 2 November.

President Ranil Wickremesinghe placed the realities of the achievement of the United Nation’s Sustainable Development Goals (SDG) under the spotlight in New York, asserting that the current state of SDG advancement is globally unsatisfactory.

In a bid to further strengthen trade relations between Sri Lanka and the United States, both nations asserted the need to improve transparency and efficiency in approving foreign direct investment (FDI) in the island nation.

As Port City Colombo (PCC) is set to launch a roadshow in the UAE, showcasing investment opportunities and incentives for global investors, former UK Prime Minister David Cameron will address an exclusive, closed-door forum.

People’s Bank’s ‘People’s Remittance Vaasi Kotiyai 2023’ draw to select the millionaire winner for the months of June and July took place at the People’s Bank, Overseas Customer Services premises at Colombo 10 recently. In addition to tha

As an active business partner for entrepreneurs, Pan Asia Bank has been in the forefront of supporting the Sri Lankan business community to move forward. As a key initiative, the bank recently held the latest session in a series of workshops on ‘S

IIRM Lanka Insurance Brokers Private Limited announced its outstanding achievement in the Sri Lankan insurance market, securing an impressive market share in both the long-term and general insurance segments. IIRM Lanka Insurance Brokers Private Lim

The SEC Chairman, Faizal Salieh, along with top officials from the SEC and the CSE, recently held a productive engagement with the stockbroker community to discuss vital matters concerning the industry. The meeting which brought together owners and

The Sri Lanka Retailers’ Association (SLRA) is set to host the retail industry’s premier knowledge event, the Sri Lanka Retail Forum 2023, commencing at 9.00 a.m. on 19th October, at the Shangri-La Hotel Colombo. Conducted this year under the th

Millennium IT ESP (MIT ESP) recently entered a strategic partnership with the Institute of Lean Management (ILM), Sri Lanka. This partnership is aimed at revolutionizing the implementation of Industry 4.0 concepts globally in the manufacturing sector

Norfolk Foods (Pvt) Ltd, a manufacturer of specialised frozen foods, celebrated a significant milestone recently. The11th ‘HurryUp’ outlet was launched at Pannipitiya Road, Thalawathugoda, highlighting the company’s growth and expansion and a n

JAT Holdings is introducing Volt Charge (VC), an ambitious joint venture that signifies a remarkable collaboration between Sri Lanka and Saudi Arabia, poised to revolutionize the global Electric Vehicle (EV) charging landscape. In partnership with S

Sri Lanka’s tea production for the month of August 2023 totalled 18.25 million kilogrammes, showing a marginal decrease of 0.36 percent year-on-year (YoY). The provisional data from the Sri Lanka Tea Board showed that all elevations have shown an i

The tourist arrivals to Sri Lanka for the first 17 days of September crossed the 65,000 mark, realising 54 percent of the target set for the month. The provisional data provided by the Sri Lanka Tourism Development Authority showed that from Septembe

President Ranil Wickremesinghe, who is also the Minister of Finance, is likely to reconstitute the Monetary Board of the Central Bank, Mirror Business learns. Sri Lanka recently passed a new Central Bank Act, which was drafted with the support of the

Sri Lanka will receive fresh funding to support its development agenda with the United States committing to provide additional finances amounting to over US $ 19 million. The commitment was announced at a ceremony at the Sri Lanka Finance Ministry ye

JAT Holdings PLC, a Sri Lanka-based paint company with operations in South Asia, has joined hands with entities based in the Kingdom of Saudi Arabia, to incorporate a joint venture company under the name of Volt Industrial Company. JAT Holdings forme