Sanasa Life suspension extended through January following IRCSL directive

Sanasa Life Insurance Company PLC has officially informed the Colombo Stock Exchange (CSE) that its registration suspension has been extended by the Insurance Regulatory Commission of Sri Lanka (IRCSL).

Elephant House Ice Cream marks historic launch in Australia

Ceylon Cold Stores PLC (CCS), a subsidiary of John Keells Holdings PLC, has launched its iconic Elephant House Ice Cream in Australia, marking a bold step in the brand’s global expansion.

CA SL holds 27th Annual Tax Oration

In a comprehensive assessment of Sri Lanka’s economic journey, Central Bank Director Economic Research Dr. Sujeetha Jegajeevan stated that the nation’s profound crisis was the culmination of decades-long structural weaknesses that were amplified by the combination of external shocks and domestic policy missteps.

DIMO Agribusinesses strengthens Swaraj tractor after-sales service

DIMO Agribusinesses, the sole authorized distributor for Swaraj tractors in Sri Lanka, has significantly strengthened its after-sales service through a further expanded genuine spare parts network and Swaraj Parapura service initiative focused on Swaraj tractor owners who were getting ready for the Maha season, providing an enhanced ownership experience for customers.

HNB signals strong ESG commitment with oversubscribed Rs.10bn sustainable bonds

Hatton National Bank PLC (HNB PLC) commemorated raising Rs.10 billion with its first ever issuance of sustainable bonds by way of a market opening ceremony conducted on the trading floor of the Colombo Stock Exchange (CSE) last week.

Port City Colombo lights season with hope and unity

Port City Colombo marked the start of the festive season with its annual Christmas Tree Lighting Ceremony, held under the theme ‘Lights of Hope’, in alignment with the Western province’s initiative.

ComBank’s Cyclone Ditwah recovery support crosses Rs.125mn

As part of a series of relief measures under its ‘Rebuild Together’ theme, demonstrating its commitment to standing with Sri Lanka when it matters the most, Commercial Bank of Ceylon recently announced a total commitment exceeding Rs.125 million towards recovery efforts following Cyclone Ditwah,

Market edges higher in sideways trade

The Colombo Stock Exchange (CSE) extended its modest recovery for a second consecutive session, with both key indices closing slightly higher. Despite the positive close, trading activity remained largely range-bound, with the market lacking a clear directional bias amid the absence of supportive macroeconomic cues.

Market pauses decline

The Colombo Stock Exchange (CSE) saw a modest rebound on Tuesday, as the market took a breather after a prolonged downward trend, with the All Share Price Index (ASPI) closing marginally higher. Investor sentiment remained mixed, however, as gains in the broader market contrasted with a slight decline in the S&P SL20, reflecting selective buying amid cautious participation.

Exports rise 5.6% in November

Sri Lanka’s exports rose 5.56 percent year-on-year (YoY) in November 2025 to US $ 1.36 billion, supported by a steady growth in both merchandise shipments and services earnings, as the exporters sustained momentum amid the fragile global trade conditions, the official data showed.

November national prices soften on food and non-food price cooling

The consumer prices measured nationally showed the prices have risen by 2.4 percent in the 12 months through November 2025, somewhat softening from 2.7 percent through October, as both food prices and non-food prices cooled a bit.

Western province share of GDP at 42.4% in CY24 but rest share rose

The Western province added the most to the country’s total output, with a share of 42.4 percent in 2024 but its share came down from 44.0 percent in 2023, while the combined share of the other provinces rose, in a reflection that they are gradually adding more to the total economy.

Notice

Mirror Business will not be published from Wednesday, December 24, 2025 to Saturday, December 27, 2025, due to Christmas. The next edition will be on Monday, December 29, 2025.

Vidullanka emerges lowest bidder for mini hydropower project in Fiji

Vidullanka PLC announced it has emerged as the lowest-cost bidder for an engineering, procurement and construction contract to expand and upgrade a 100-kilowatt mini hydropower facility at Buca Village in Fiji, marking a potential overseas renewable energy win for the Sri Lankan firm.

Week begins with foreign buying

The ASPI closed in red as a result of price losses in counters such as Colombo Dockyard, Hatton National Bank and Richard Pieris & Company with the turnover crossing Rs. 2.9 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Hemas Holdings, Colombo Dockyard and John Keells Holdings. Mixed interest was observed in Colombo Dockyard rights, Tokyo Cement Company and Capital Alli

BOC Rs.20bn sustainability bond oversubscribed on opening day

Bank of Ceylon (BOC) announced yesterday that its sustainability bond issue, seeking to raise up to Rs.20 billion, was oversubscribed on its opening day.

A muted mood heading into festive season

The secondary market reflected a dull trading session, with limited activity and thin volumes observed during the day.

DFCC Bank gets green light for Standard Chartered retail, wealth banking acquisition

DFCC Bank has secured the regulatory clearance to move ahead with its proposed acquisition of the wealth and retail banking business of Standard Chartered Bank’s Sri Lanka branch, the lender said in a stock exchange filing yesterday.

SriLankan launches operations at Terminal 1 of Velana Int’l Airport

SriLankan Airlines officially transitioned its operations to Terminal 1 at Velana International Airport, Malé, effective 17 December 2025.

Hayleys Solar wins at SLIM Digis 2025

Hayleys Solar, the renewable energy arm of Hayleys Fentons Limited, was recognised for the first time at SLIM Digis 2025, receiving the Best Use of Digital in a Marketing Campaign award in the Energy and Utilities category for its ‘Energy Peramuna’ Election Campaign.

George Steuart explores trade and expansion opportunities in Africa

George Steuart & Company participated in a series of high-level engagements organised by the Commonwealth Enterprise and Investment Council (CWEIC) in Africa during the latter part of 2025.

HNB partners with Gaia Green Energy to introduce affordable solar financing solutions

HNB PLC has signed a strategic MoU with Gaia Green Energy Holdings Pvt Ltd, a provider of solar energy systems, to promote sustainable energy adoption through affordable personal and SME loan facilities.

Sampath Bank partners with Toyota Lanka to make vehicle ownership more rewarding

Sampath Bank PLC announced the signing of a Memorandum of Understanding (MoU) with Toyota Lanka (Private) Limited recently at the Toyota Lanka Head Office, marking a strategic collaboration aimed at providing enhanced financial and value-added benefits to customers purchasing Toyota vehicles across Sri Lanka.

Keells and Enfection win Meta Reels Impact Award for AI-Driven Innovation

Keells Supermarkets and Enfection have clinched the top prize for ‘Best of Innovation & Generative AI in Reels’ at the Meta Reels Impact Awards for the South East Asia region. They beat submissions from Indonesia, Malaysia, Singapore, Thailand, the Philippines, Vietnam and the wider emerging markets.

S-lon recognized as a member of World Plumbing Council 

S-lon Lanka (Pvt) Ltd has been formally recognized by the World Plumbing Council (WPC) through the granting of Full Membership.

The Technocity makes Rs. 50 mn donation to cyclone relief fund

The Technocity (Pvt) Ltd has stepped forward with a Rs. 50 million relief initiative to support the cyclone affected people. Its goal is to assist impacted children, and schools in the most severely hit areas.

Cargills Food City mobilises island wide flood relief effort to support affected communities

In response to the recent floods that impacted communities across Sri Lanka, Cargills Food City swiftly launched an islandwide relief initiative to support those affected and stand by the nation during this critical time of need. As part of its immediate relief efforts, Cargills Food City distributed 10,000 ration packs to flood-affected families across all impacted areas, ensuring timely access to essential food items when they were needed most.

Scienter Technologies marks 30th anniversary

Scienter Technologies (Private) Ltd, a homegrown Sri Lankan Information Technology solutions provider, celebrates its 30th anniversary, marking three decades of innovation, resilience, and trusted partnerships across multiple industries.

First Capital Holdings appoints Lasith Nanayakkara as CTO

First Capital Holdings PLC, a subsidiary of JXG (Janashakthi Group) and a full-service investment institution announced the appointment of Lasith Nanayakkara as the Chief Transformation Officer.

Prime Group helps children of Police families affected by cyclone

Prime Group launched a national-level initiative to support cyclone-affected children of police families, providing essential educational supplies and ensuring that their education could continue uninterrupted despite the challenges they faced.