Diversified conglomerate DIMO, with its recent expansion into the pharmaceutical sector, has now realigned all its healthcare operations under the new identity of ‘DIMO Healthcare’.

HSBC’s largest shareholder ramped up pressure on the bank to break up its business on Tuesday, saying it was underperforming and has failed to “address key business model challenges”.

Sri Lankan consumers have chosen Ceylinco Life, which recently celebrated its 35th anniversary, as the most popular life insurance company in the country for an unprecedented 17th consecutive year, leading to the life insurance leader receiving the p

Opening doors to a seamless and reliable banking experience accompanied with digital banking for its customers, Bank of Ceylon’s (BOC) Pinnawala branch was recently relocated to convenient and spacious locations equipped with CRM facilities.

Singer Finance PLC, a subsidiary of Singer Sri Lanka and the Hayleys group, is set to mark a significant milestone as it celebrates the opening of its 49th and 50th branches in Nelliady and Jaffna, respectively.

Sri Lanka Insurance Corporation (SLIC) entered into a strategic partnership with MegaPay (Pvt.) Ltd recently to provide greater convenience for SLIC customers to make real-time payments.

People’s Bank, one of the leading banks in Sri Lanka, has launched a Toastmasters Club to provide its employees with an opportunity to develop their leadership and communication skills.

Experienced treasury dealer Harindra Oberysekere has been promoted as Amana Bank’s Head of Treasury and Financial Institutions while being inducted to the bank’s Management Committee.

“Maintaining a sound and adequately capitalised banking system is important. Implementing a bank recapitalisation plan and strengthening financial supervision and crisis management framework are crucial to ensure financial sector stability.” Pres

Tourist arrivals for the first 16 days of April topped 56,000, bringing the total number of international visitors entering the country for the year closer to the 400,000 mark. Provisional data released by the Sri Lanka....

State Minister of Finance Ranjith Siyambalapitiya yesterday said that measures would be taken to further relax import restrictions on many other goods in the future.

The government plans to spend a record Rs.206 billion per annum in welfare expenditure starting from this July under a new programme prepared in line with Welfare Benefits Board Act to assist the poor and...

Indices closed in red as a result of price losses in counters such as Commercial Bank, LOLC Holdings and Sampath Bank with the turnover crossing Rs. 1.1 bn. High net worth and institutional investor participation

Lalith Seneviratne will relinquish his duties as Sri Lanka Telecom PLC (SLT) Group CEO with effect from April 30, 2023 upon completion of his three-year term. However, he will assume the status...

Apple Chief Executive Tim Cook has launched the company’s first retail store in India in the financial capital Mumbai. Videos showed Cook waving to customers and opening....

China’s economy grew faster than expected in the first three months of the year, as the country emerged from its tough Covid restrictions. Compared to the same period last year...

Asian markets mostly fell yesterday, even as data showed China’s economy grew far more than expected in the first quarter after activity resumed following three years of painful zero-Covid measures. The blockbuster 4.5 percent...

The Singapore Tourism Board (STB) and Singapore Airlines (SIA) joined hands to reignite travel amongst trade partner-friends and media in Sri Lanka through a myriad of engagement activities, which....

Premier hospitality company Aitken Spence Hotels iconic resort Heritance Kandalama is at the centre stage at the National Gallery of Modern Art (NGMA) Delhi at the ‘Geoffrey Bawa: It is Essential to be There’ architectural....

Emirates Skywards, the award-winning loyalty programme of Emirates and flydubai, has partnered with Dilmah Tea to offer members an exciting opportunity to experience the lush tea plantations...

Mirror Business guest columnist Chandrasena Maliyadde recently launched his book titled ‘What Went Wrong’ at the BMICH. Maliyadde is a former Ministry Secretary and is currently a Vice President of the...

CIPM Sri Lanka, the nation’s leader in human resource management, entered into a memorandum of understanding recently with the University of Kelaniya, to collectively develop the human resource....

Netherlands Ambassador to Sri Lanka Bonnie Horbach visited the National Chamber recently along with the officials of the embassy, Senior Policy Adviser Economic Affairs and Sustainability Shanila Athulathmudali and...

The Power, Energy and Construction Expo is set to take place from July 7-9, 2023, at the BMICH Exhibition Centre, Colombo. The expo will showcase....

US-based international travel influencer Juliana Broste, a 12x Heartland Emmy Award-winning travel filmmaker and host, showcasing adventures and fun things to do around the world, recommended Sri Lanka to be listed as one of the best places to visit

Sri Lanka’s largest private sector healthcare provider Asiri Hospital Holdings PLC, a unit of Softlogic Group, in a landmark announcement yesterday disclosed its plans to set up a state-of-the-art hospital within China-backed Port City Colombo (PCC

Sri Lanka ended 2022 with an official unemployment rate of 4.8 percent, a figure which masked much of the anomalies in the country’s labour market, as many people either migrated or gave up looking for work when the economy fell into its worst slum

Sri Lanka’s single largest multi-cloud solutions provider Finetech Consultancy (Private) Ltd (FCPL) recently welcomed two eminent professionals to its board.

Lanka IOC PLC (LIOC) has announced the appointment of Dipak Das as the new Managing Director from April 14, 2023.

The Purchasing Managers’ Index (PMI) turned positive in March, after a months-long contraction, particularly in the case of manufacturing, due to both the festive demand and the signs of an end to the economic contraction, which set off last year.