Further increase in interest rates would be needed to arrest the exponential rise in the country’s consumer prices, which rose to a 12-month high in July, said SC Securities, igniting the debate over the future course of the monetary policy in Sri

National carrier SriLankan Airlines yesterday announced the resumption of scheduled flights to Paris The airline will operate scheduled flights between Colombo’s Bandaranaike International Airport and France’s Paris Charles de Gaulle Airport, fro

The asset quality of the non-bank finance company sector (NBFI), which made gains in the quarter ended in March 2021, deteriorated in the following June quarter, falling in lockstep with the banking sector asset quality.

Laugfs Maritime Services, Sri Lanka’s foremost ship owning and management company is geared to pursue growth goals through becoming a debt-free company by September 2021, and continuing to excel in providing Liquefied Petroleum Gas transportation a

Wire Communication Consultancy (WCC) Group announced its accelerated growth momentum with the expansion of its strategic Public Relations, Communications and Corporate Reputation Management services to Maldives, Australia and New Zealand, setting up

Arshad Ahamed has joined GroupM as Director Strategy with over 13 years of experience in the industry both locally and internationally.

Sri Lankans who have been waiting impatiently to resume international travel are being offered an opportunity by Emirates to lock in special fares for the rest of the financial year by booking early.

In line with the government’s policy of developing regional industrialization, the Board of Investment (BOI) of Sri Lanka recently entered into a supplementary agreement with Jay Jay Mills Lanka to lay foundation to an initial investment of US $4 m

Emirates, the largest airline of the UAE, announced today it will offer special fares for Sri Lankans who are looking to resume international travel.

There is no way that anyone can say that there has been any change in the lifestyle of people in their normal day-to-day activities, said State Minister of Finance, Capital Markets and State Enterprise Reforms Ajith Nivard Cabraal recently referring

The recent passing away of Mangala Samaraweera, a former minister and senior neo-liberal politician, is expected to have an impact on possible future political scenarios in Sri Lanka. He played a pivotal role in electing three former presidents in th

Among the many tragic consequences of the COVID-19 pandemic, there have been some positive offshoots as well. One of them is the improvement of Colombo’s air quality as a result of restricted movement to prevent the spread of the disease.

VMware, Inc. a leading innovator in enterprise software, announced the appointment of Yusuf Shiraz as the new Country Manager for Sri Lanka and the Maldives.

Lenovo, the global technology leader, announced the launch of the ThinkPad X1 Fold in Sri Lanka.

Singer Sri Lanka PLC, the country’s premier consumer durables retailer, won the Best Regional Distributor of the Year and Best Distributor of the Year – Sri Lanka Awards, at Dell Technologies South Asia CSB Partner Connect event for the year 2021

Following the launch of Airtel Lanka’s revolutionary 4G services and Freedom Packs, the telco revealed its Postpaid Promise, an innovative ‘Data Rollover’ feature for its Freedom postpaid customers.

Huawei, the leading technology solutions provider, will soon be launching the newly upgraded Huawei MateBook X Pro 2021 in Sri Lanka, with a full range of advanced features.

Market lending rates have began responding to the policy rate and banks’ reserves ratio hikes announced on August 19, as prime customers witness their loans becoming pricier for the third straight week as the benchmark rate climbed above 6.0 percen

The Central Bank’s monetary easing measures have unleashed a whopping Rs.3.0 trillion worth of stimulus into the broader economy since March 2020 through June 2021, with the objectives of alleviating the full impact of the pandemic on the economy.

Lanka IOC PLC (LIOC), which has expansive petroleum downstream operations in Sri Lanka, will soon commission the country’s first grease manufacturing plant as part of the company’s strategy towards enhancing its revenues from other segments to ke

Mahindra Ideal Lanka (Pvt) Ltd in Welipenna, a subsidiary of the Ideal Group added a massive 805 Kilowatt (kW) solar power to the national grid yesterday (September 5), commemorating the birthday of the company’s Founder and Chairman, Nalin Welgama

Laugfs Gas PLC, which is repeatedly and harshly battered by soaring global prices amid price controls in its key Sri Lankan market, has begun to expand its bulk sales segment of liquefied petroleum gas (LPG) in a bid to change its financial fortunes

Sri Lanka’s largest corrugated cartons manufacturer Kassim-family owned Expack Corrugated Cartons (Pvt) Ltd. has officially commenced the process for an Initial Public Offering (IPO) on the Colombo Stock Exchange (CSE), Mirror Business learns.

Sri Lanka’s listed companies reported robust earnings for the three months to June 2021 compared to the same period in 2020, when the lockdowns weighed more heavily on a large swath of businesses, but 2021 June results marked a break from the March

The continuation of import restrictions could lead to Sri Lanka facing severe consequences, cautioned international trade experts, which would eventually result in the national economy facing tariff retaliation.

In 1993, our founder Dr. Mohan Lal Grero opened the first Lyceum International School in Nugegoda. The name ‘Lyceum’ comes from the ancient Athenian School founded by Aristotle in 335 B.C.

Mobile vendors were seen on roads in Colombo yesterday, as the government extended the quarantine curfew to September 13.

The government moving to implement harsh price controls will have detrimental effects on the economy and the people are likely to experience further difficulties as the food shortages could further worsen.

SriLankan Airlines, the national carrier of Sri Lanka and a member of the oneworld alliance, celebrated 42 years of flying across the globe.

Most Salvadorans disagree with the government’s decision to adopt bitcoin as legal tender, with many unaware of how to use the digital currency and distrustful of the project, a poll by the Central American University (UCA) showed on Thursday.