Sri Lanka’s industry titans profess a pragmatic Artificial Intelligence path

A high-powered panel at the National AI Expo and Conference 2025 revealed that for Sri Lanka’s leading conglomerates and tech firms, the era of theoretical AI is over. The focus is now squarely on practical implementation, measurable ROI, and overcoming foundational challenges in data, infrastructure, and skills to unlock the next wave of economic growth.

ITX360 achieves ISO/IEC 27001:2022 Certification for ISMS

ITX360 (Pvt) Ltd has successfully achieved certification to ISO/IEC 27001:2022, the latest international standard for Information Security Management Systems (ISMS).

Sri Lanka strengthens ties with ICAO to boost aviation sector

At the invitation of ICAO Secretary General Juan Carlos Salazar, Deputy Minister of Transport, Highways, Ports & Civil Aviation Eng. Janith Ruwan Kodituwakku, along with Capt. Daminda Rambukwella, DGCA and CEO of the Civil Aviation Authority of Sri Lanka (CAASL), met with the Secretary General at ICAO Headquarters in Montreal, Canada, during the 42nd ICAO Assembly.

DFCC Bank recognised among Sri Lanka’s Great Places to Work

DFCC Bank PLC has been officially certified as a Great Place to Work (GPTW), a global recognition awarded to organisations that foster high-trust, high-performance workplace cultures.

FitsAir celebrates three years of passenger operations

FitsAir, Sri Lanka’s first privately-owned international airline, celebrates three years of international scheduled passenger operations, marking another defining moment in its journey to transform air travel for Sri Lankans. The past year has been one of exceptional growth and achievements for the airline. FitsAir successfully launched Kuala Lumpur as a new destination on its network, expanded frequencies to Malé and Dhaka in response to strong

Hayleys Travels wins Gold at South Asian Travel Awards

Hayleys Travels was honoured with the Gold Award for “Leading Travel Agency - Outbound” at the 9th South Asian Travel Awards (SATA) 2025, held recently at the Cinnamon Grand Colombo.

United Motors debuts all-new 2025 Mitsubishi lineup in Sri Lanka

United Motors, the exclusive distributor for Mitsubishi Motors in Sri Lanka announced the arrival of the versatile ‘2025 Mitsubishi’ range.

PLC appoints Dr. Manawadu to Board

People’s Leasing & Finance PLC (PLC) announced the appointment of Dr. Isuru Manawadu as a Director to its Board, following the requisite regulatory approval from the Central Bank of Sri Lanka.

Mahindra Ideal Finance strengthens Central Province reach with new branch

Mahindra Ideal Finance Ltd. (MIFL) has further expanded its island-wide presence with the opening of a new branch in Gampola.

Xeptagon plants flag in Colombo Port City, cementing SL’s spot on global climate-tech map

In a move signalling a new era for Sri Lanka’s technology sector, climate finance firm Xeptagon officially opened its new engineering hub at the Colombo Port City Business Centre recently.

ComBank to finance luxury apartment purchases at first mixed dev. project

Enters into MoU with developer Baili Investments Lanka to support sales at 1000-unit high rise Commercial Bank of Ceylon has entered into a Memorandum of Understanding (MoU) with Baili Investments Lanka Private Ltd. to provide prospective buyers of condominium apartments at a mixed development project in Rajagiriya with access to flexible home loan facilities.

Telbedde Estate ‘Overall Gold Winner’ at Ceylon Specialty Estate Tea Awards

Telbedde Estate, managed by Balangoda Plantations PLC, has emerged as the Overall Gold Award Winner at the Ceylon Specialty Estate Tea of the Year 2025.

Dipped Products honours latex entrepreneurs in Monaragala

Dipped Products PLC (DPL) marked its 50th anniversary by recognising rubber latex smallholders whose partnership has been central to the company’s journey and to Sri Lanka’s export economy.

Sun Siyam Pasikudah wins Global Hotel Design award

Sun Siyam Pasikudah, part of Sun Siyam Resorts’ Privé Collection, has won the coveted Best Global Hotel Design award at the Homes & Gardens Design Awards 2025.

John Keells CG Auto unveils DENZA line-up to Sri Lanka

John Keells CG Auto, the authorized distributor for DENZA in Sri Lanka, announced the upcoming launch of the luxury electric vehicle brand with over a decade of innovation excellence.

ZeroPlastic Movement demands Rs.10 minimum price for plastic bags, cites flaw in new regulation

The ZeroPlastic Movement is calling on the government to impose a minimum price of at least Rs.10 on all plastic shopping bags, warning that a new gazette set to take effect on November 1, 2025 may fail to reduce plastic pollution, due to a significant loophole.

Domestic flights with 70-seater aircraft could take off in six months- Peter Hill

Sri Lanka could see the launch of a scheduled domestic airline service using 50-70-seater aircraft within the next six months, a move that could solve a long-standing barrier to tourism growth, according to aviation veteran and former SriLankan Airlines CEO Peter Hill.

World Bank team engages in high-level consultations with key finance oversight committees of Parliament of Sri Lanka

A World Bank team, led by Country Manager Gevorg Sargsyan, held a consultation meeting on September 25, 2025 with Committee on Public Finance Chair Dr. Harsha de Silva and its members.

Sri Lanka announces notice of assignment for 2025 5G frequency auction

The notice of assignment required for the 2025 frequency auction of 5G was officially announced yesterday, at a special media briefing held at the Information and Communication Technology Agency.

National Savings Bank hands over Rs.6bn dividend to Treasury

The board of directors of National Savings Bank (NSB), the premier state-owned savings banks in the country, has approved a dividend of Rs.6 billion to the General Treasury, its sole shareholder.

The depositors of the On Max DT pyramid investment scheme held a peaceful protest in front of the Police headquarters

The depositors of the On Max DT pyramid investment scheme held a peaceful protest in front of the Police headquarters yesterday, demanding the immediate release of the refund programme for the depositors who have been aggrieved by their investments.

Tea auctions see lowest offerings in 17 months

The auction offerings declined and totalled 4.8 million kilogrammes (M/Kgs), the lowest on offer since Sale No. 16 of April 22 and 24, 2024 (4.7 M/Kgs).

Notice

Mirror Business will not be printed on Monday, October 6, due to the Poya holiday. The next edition will be on Tuesday, October 7, 2025.

Week ends with ASPI surpassing the 22,000 mark

Indices closed in green as a result of price gains in counters such as Melstacorp, Sampath Bank and Dipped Products with the turnover crossing Rs. 9.7 Bn.

Secondary market closes week on ultra-thin volumes

The secondary market ended the week following a similar trend throughout, with activity remaining low which resulted in ultra-thin volumes.

Prof. Samarajiva urges youth to embrace opportunities in tech-driven world

During the Youth Tech Skills Development Program graduation ceremony by People’s Bank and Sarvodaya Fusion, the focus was mainly on what the graduates can achieve going forward.

99x powers SLIIT ‘DevQuest 2025’

99x has reaffirmed its commitment to nurturing young talent by partnering with SLIIT as the technical and financial sponsor of DevQuest 2025.

Ceylinco Life grants Rs. 18 mn worth ‘Pranama Scholarships’

A new group of 128 high-achieving young Sri Lankans received a significant boost to their academic journeys when Ceylinco Life presented them with Pranama scholarships recently, at the 24th edition of this annual event that has become a hallmark of the company’s commitment to nurturing future leaders.

Signature joins hands with CH17 Loyalty

CH17 Loyalty announced its partnership with menswear brand - Signature recently.

Swedish Chef Carola Magnusson at London Grill

This October, Cinnamon Grand Colombo brings the spirit of Scandinavia to the city as part of the grand 50th anniversary celebration of its signature London Grill.