The Union Bank of Colombo PLC (UBC) group reported 12 cents a share or Rs.136.3 million in earnings for its October-December quarter, recording an increase of 75 percent year-on-year (YoY) supported by some solid growth in its loan book in spite of t

Sri Lanka’s Finance Minister Ravi Karunanayake yesterday slammed the country’s Central Bank for mismanaging the public debt issuing process, following the revelation of a mystery gazette notification during the proceeding of the Commissio

High net worth investor Dr. T. Senthilverl last week divested his entire shareholding in Bogawantalawa Tea Estates PLC (BOPL) for Rs. 93 million.He had sold 11.1 percent of the shares or 9.3 million shares in BOPL last Thursday for a consideration of

People’s Merchant Finance PLC (PMF), a subsidiary of state-owned People’s Bank, will be holding an extraordinary general meeting next month to decide on divesting one of its major assets, and streamlining activities, in order to prevent f

The negative outlook on global lingerie giant Victoria’s Secret for this year is unlikely to have a major impact on Sri Lanka’s apparel industry, a major supplier to the high end lingerie brand, experts Mirror Business talked to opined.&n

Backhoes, excavators and other heavy machinery are seen at the site where land is being reclaimed from the sea to develop the Chinese-funded Colombo International Financial City,

Blue Mountain Achilleion, Sri Lanka’s seven star luxury real estate project, made a splash at the Maldives Living Expo 2017, which was held in Male, in the Maldives

As a prelude to the 2017 wedding season, Hameedia who dressed bridegrooms for generations will offer its customers a bespoke tailoring package that will award the third piece free of bespoke tailoring charges. 

We are pleased to take part at this years Architect 2017 Members Work and Trade Exhibition event.  

On the 16th February, D. Samson & Sons (Pvt) Ltd celebrated the opening of the recently re-located DSI showroom in Kandy. 

Jan 27 this year was a day that the staff of Link Natural Products (Pvt) Ltd, will remember for years to come, as they celebrated the Charter Installation ceremony of their Toastmasters Club, LNP Toastmasters in an impressive manner at Grand Monarch,

The Halal Accreditation Council (Guarantee) Limited (a not for profit organization duly incorporated under the Companies’ Act No. 7 of 2007 of Sri Lanka and referred to as HAC) was recently certified ISO 9001:2015 by the Sri Lanka Standards Ins

Creating much excitement once again among consumers, the Scan Products Division of C.W. Mackie PLC has announced the relaunch of ‘Scan Jumbo Peanut Cycle Wassa’.

SriLankan Airlines invites all art enthusiasts and the general public to view ‘Speculo 2017’, national painting and visual art exhibition that will be held at J.D.A. Perera Gallery on February 24, 25 and 26from 8. 30 am to 8 pm. 

The luxury SUV was created in 1970 when Land Rover launched the original Range Rover. Almost half a century later that spirit of innovation continues with the introduction

HSBC Colombo Fashion Week introduces its next edition to be held on 13-18 March next year.  In its 14th year, Colombo Fashion Week has set itself bigger goals in taking the fashion industry to the next level, while showcasing Colombo as a centre

Lanka Bell, Sri Lanka’s iconic telecom operator has achieved a significant milestone by reaching 35,000+ households and businesses with its fourth-generation LTE internet connectivity branded as Bell4G. 

In a groundbreaking move, Exire Technologies (Pvt) Ltd., a subsidiary of Shifting Lifestyles Pvt. Ltd, has launched NetSHIELD, 

AFP: Apple this week announced that workers will start boarding its futuristic new “spaceship” campus in Silicon Valley in April, fulfilling a vision set out by late founder Steve Jobs.

E W Information Systems Ltd (EWIS) together with Learning Possibilities Ltd, a Microsoft Global Alliance Partner signed an agreement to roll out the fully featured Learning Management System (LMS) LP+365, on their devices via Microsoft Office 365.&nb

Variety.com:  Samsung’s next Gear VR headset may have a wireless controller, if a recent filing with the FCC is any indication. The controller is likely going to be for one-handed use.

AFP: Indian telecom giant Bharti Airtel will buy the local operations of Norway’s Telenor, it said yesterday, as the ultra-competitive mobile market is shaken up by the country’s richest man.

A new chapter of Asia’s growth story is being written either side of the Ganges Delta. South Asia is rising. The People’s Republic of China (PRC) is striving to reach a new level. Along the Mekong, startling growth is reversing decades&nb

By Jonathan Woetzel, Richard Sellschop, Michael Chui, Sree Ramaswamy, Scott Nyquist, Harry Robinson, Occo Roelofsen, Matt Rogers and Rebecca Ross

Sri Lanka’s efforts to attract new investment by enhancing its regulatory and legislative landscape will be given an in-depth analysis in a forthcoming report by the global research and consultancy firm, Oxford Business Group (OBG). 

Delmege Forsyth & Company Limited, one of the leading diversified conglomerates in Sri Lanka, takes pride in introducing its latest product offerings to the local market. Delmege Hiru Kahata and Breeze BOPF teas, the latest products from the cons

In the wake of allegations of continuous mismanagement practices at publicly listed companies, a leading attorney in the country called on the independent directors on the boards of such companies to either speak up or quit. “You have to ensure

Colombo port has been ranked 23rd among the world’s best 25 ports in accordance with the Alphaliner rankings in 2016, a Ports and Shipping Ministry statement said.

Seylan Bank PLC, a licensed commercial bank with an asset base of Rs.356 billion, reported earnings of Rs.3.46 or Rs.1.2 billion for its October – December quarter, up little under 5 percent from a year ago, the interim results of the banking g

Consumer durables and electronics retailer Singer (Sri Lanka) PLC posted a net profit of Rs. 531.41 million for the quarter ended December 31, 2016 (4Q16), up 38.02 percent year-on-year (YoY) despite increase in indirect taxation and removal of some