Countdown to Avurudu fuels firecracker production boom

A worker assembles firecrackers at a factory in Kimbulapitiya, as production ramps up for the Sinhala and Tamil New Year, one of the peak seasons for fireworks in April.

Execution bottlenecks stall Sri Lanka capital spending

Sri Lanka’s persistent shortfall in capital spending is emerging as a key constraint on growth, with structural weaknesses in financing and project execution continuing to undermine public investment, the Asian Development Bank (ADB) said in its Asia Development Outlook 2026.

Sri Lanka risks economic downturn amid market distortions and Middle East crisis, warns Jafferjee

Sri Lanka could face a significant economic downturn if the conflict in the Middle East persists and market forces are not allowed to operate freely, JB Securities Chief Executive Officer and Advocata Institute Chairperson Murtaza Jafferjee warned at a recent webinar organised by DFCC Bank.

Notice

Mirror Business will not be published from Monday, April 13, 2026 to Saturday, April 18, 2026, due to the Sinhala and Tamil New Year holidays. The next edition will be on Monday, April 20, 2026.

ASPI gains 4.8% during the week

Indices closed in green as a result of price gains in counters such as John Keells Holdings, Melstacorp and Dialog Axiata with the turnover crossing Rs. 5.0 Bn. High net worth and institutional investor participation was noted in John Keells Holdings, Commercial Bank and LB Finance.

Market activity tapers ahead of holiday season

The secondary market saw a lacklustre session, as investor activity continued to taper off ahead of the upcoming long weekend and festive period.

ComBank accelerates cashless public transport with NCG Express partnership

In a significant commitment of support to efforts to modernise Sri Lanka’s public passenger transport system, Commercial Bank of Ceylon has partnered with NCG Express to introduce fully digital bus ticketing, enabling passengers to pay fares using cards, QR-based payments and contactless technology.

People’s Bank offers gifts for Avurudu Ganu Denu

People’s Bank, which introduced the tradition of doing business with the bank, is bringing new meaning to the Sinhala and Tamil Avurudu ‘Ganu Denu’ customs, by making arrangements to offer gifts to all those who take part in traditional Avurudu Ganu Denu.

Three Sinha’s Clean Room Door receives SLIA recognition

Three Sinha Industries (Pvt) Ltd has been honoured with the Product Award of Merit at Sri Lanka Institute of Architects (SLIA) Annual Sessions 2026, recognising the company’s excellence in locally manufactured construction products.

Hayleys Solar completes 800kW LSEG project

Hayleys Solar has successfully completed an 800kW rooftop installation for London Stock Exchange Group (LSEG), marking a significant milestone in the country’s corporate renewable energy landscape.

APFASL holds 14th AGM

The Association of Public Finance Accountants of Sri Lanka (APFASL) successfully held its 14th Annual General Meeting (AGM) recently at the Auditorium of the Institute of Chartered Accountants of Sri Lanka, with the participation of over 100 APFA and CPFA members.

Alumex powers Unleashed 2026

Alumex PLC, Sri Lanka’s leading aluminium extrusion manufacturer, was proud to be the Official Material Sponsor for the event Unleashed 2026 – the launch of FALCON E1, a next-generation electric racing car designed and built entirely by students of the University of Moratuwa.

Kedella Enterprises wins dual honours at People’s Excellency Awards

Kedella Enterprises (Pvt.) Ltd, a leading construction company in Sri Lanka, secured two prestigious accolades at People’s Excellency Awards 2025, reaffirming its position as a trusted and innovative name in the country’s construction industry.

Radisson Hotels accelerates sustainability with Evolution Auto’s EVs

Evolution Auto, Sri Lanka’s largest electric vehicle portfolio provider, has successfully deployed a purpose-built electric vehicle (EV) fleet for Radisson Hotels Sri Lanka, marking a significant step forward in integrating sustainable mobility into large-scale hospitality operations.

Pan Asia Bank empowers over 1,000 women for Int’l Women’s Day

In celebration of International Women’s Day 2026, Pan Asia Bank rolled out a series of impactful initiatives focused on empowering women through financial literacy, reaching more than 1,000 women across Sri Lanka.

Liberty Lands & Developments acquires full ownership of Scope Cinemas

Liberty Lands & Developments (LLD) has acquired the remaining shares of Scope Cinemas, securing full ownership of the cinema chain as part of its broader group restructuring and long-term strategic direction.

Binance’s ChainCeylon advances blockchain education across SL universities

Binance, the world’s leading cryptocurrency exchange by trading volume, launched ChainCeylon 2026, a flagship education programme aimed at deepening blockchain literacy and promoting responsible crypto adoption across Sri Lankan universities.

CAHM – 7 Star Junior Chef Competition advances to semi-final stage

The CAHM – 7 Star Junior Chef Competition, organised by the Colombo Academy of Hospitality Management (CAHM) with title sponsor Serendib Flour Mills, has successfully progressed to its semi-final stage, with 30 participants selected following the recently concluded second round of the competition.

HotJobs launched as Sri Lanka’s first AI-driven recruitment platform

Sri Lanka’s recruitment sector marked a new milestone with the official launch of HotJobs, described as the country’s first AI driven recruitment platform, at Cinnamon Life, Cumulus Ballroom recently.

Allianz Lanka marks Int’l Women’s Day

In commemoration of the International Women’s Day 2026, the Women in Leadership Employee Resource Group of Allianz Insurance Lanka Limited organised an insightful panel discussion themed ‘Give to Gain’.

HNB FINANCE celebrates Int’l Women’s Day 2026

HNB FINANCE celebrated International Women’s Day 2026, recognising and empowering women and their immense contribution to its workforce.

People’s Bank rewards Remittance – Kalin Avurudu Vaasi draw winners

People’s Bank recently conducted the People’s Remittance – Kalin Avurudu Vaasi Draw 2026, rewarding 50 lucky winners with packs of essential goods worth Rs.25,000 each.

Haleon-SLDA uplift oral health nationwide

Haleon Lanka (Pvt.) Ltd, the makers of Sensodyne, conducted a successful series of impactful oral health initiatives islandwide in celebration of World Oral Health Day 2026.

Routes We Take marks milestone for SL’s creative economy

The Routes We Take (TRWT) concluded its EUNIC Sri Lanka partnership phase at the end of 2025, marking the close of a multi-year collaboration while the project continues under the stewardship of Good Life X.

Heritance Hotels & Resorts to keep traditions alive this Avurudu

This Avurudu, Heritance Hotels & Resorts brings the season to life through a collection of stays, experiences, and gift giving, designed for spontaneous breaks and meaningful New Year getaways. Across its distinctive destinations, guests can step away, reconnect, and celebrate the season.

Fairfax Financial Holdings empowers children

As Sri Lanka continues to recover from the recent cyclone and widespread flooding, a meaningful example of corporate purpose in action has taken shape through the ‘Back to School Project 2026’.

McLarens Maritime Academy holds Seafarers Convocation 2025

McLarens Maritime Academy (MMA) held their Convocation of 2025 at BMICH. It was a well-attended event to recognize the achievements of future seafarers who successfully completed their training programs who are preparing to enter the global maritime industry.

MendisOne launches Darshi&Rohitha Foundation

MendisOne announced the official launch of the Darshi&Rohitha Foundation, a dedicated organization under the MendisOne umbrella focused on development, social responsibility, and meaningful community impact.

Ceylon Chamber facilitates donation of refurbished laptops

The Ceylon Chamber of Commerce, in partnership with HSBC and LTL Holdings, facilitated the donation of 45 refurbished laptops to support university undergraduates whose education was disrupted by Cyclone Ditwah and the severe flooding that followed in November.

AHK Sri Lanka hosts Sundowners evening at Hettich Experience Centre

The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) held its Sundowners evening at the Hettich Experience Centre on 19 March.