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.

Lanka IOC ‘Brings Energy to Life’ in partnership with Rescue Animals

Lanka IOC has come on board to partner with Rescue Animals Sri Lanka (RAS), in their fundraiser, Gabriel’s Charity Auction & Fashion Show in aid of Rescue Animals Sri Lanka, which will be held on 31st October at the Cinnamon Grand.

Siyapatha Finance kicks off national school-level tree planting project

Siyapatha Finance PLC launched an islandwide school-level tree planting project and art competition in 20 schools across 13 regions.

SLIC offers Rs.1mn free life cover on World Children’s Day

In celebration of World Children’s Day 2025, Sri Lanka Insurance Life (SLIC Life) extended a Rs. 1 million free life insurance cover to the parents of every child born on October 1st across the island.

Dijital Team opens office in Kandy

Dijital Team recently marked a new milestone with the opening of its second office in Sri Lanka, located in Kandy.

Emirates expands London Heathrow schedule to 48 weekly flights ahead of winter rush

Emirates is unlocking more opportunities for travel with the addition of six weekly flights to its London Heathrow schedule, starting 26 October 2025.

SOS Children’s Villages Sri Lanka marks World Children’s Day with special event

SOS Children’s Villages Sri Lanka marked World Children’s Day with the landmark event “Together for Children – Ambassador Signing & Partnership Summit” at the Radisson Hotel, Colombo.

Arugam Bay marks World Tourism Day

Special events to mark World Tourism Day were held last Saturday at the New Tistar Beach Hotel, Arugam Bay. The program was organized by the Chamber of Tourism & Industry under the global theme “Tourism and Sustainable Transformation.”

Cinnamon Grand kicks off Christmas festivities with first cake mixing of the season

Cinnamon Grand Colombo became the first in the city to kick off the festive season with its annual Christmas cake mixing on Thursday evening.

ASPI surges past 22,000 mark with strong turnover

The Colombo Stock Exchange (CSE) reached a new milestone as the ASPI surged above the 22,000 mark, closing at 22,094.89, supported by strong turnover and active volumes.

ASPI surpasses 22,000 points for first time in history

The Colombo Stock Exchange (CSE) crossed the 22,000 mark for the first time, driven by strong investor sentiment and heavy activity in the Banking and Diversified Financials sectors. Each sector contributed over Rs. 2 Bn to market turnover, underlining their pivotal role in today’s rally.

Season of cheer is here!

Vega to develop nation’s first AI-powered autonomous car

Vega, the pioneering electric vehicle (EV) manufacturer behind Sri Lanka’s first supercar, is developing the nation’s first autonomous vehicle, leveraging advanced Artificial Intelligence and robotics.

Fitch warns debt risks loom after 2027 for SL despite fiscal gains

Sri Lanka’s revenues jumped 27 percent in the first seven months of 2025, pushing the island nation into a primary surplus and helping foreign reserves recover to US$ 6.2 billion. However, Fitch Ratings warned

Promising local AI startups stifled by ‘prototype-level’ ecosystem, warn industry experts

Sri Lanka has world-class tech talent capable of building AI-driven startups that can compete globally, but the country’s startup ecosystem remains “stuck at a prototype level,” hindered by limited venture capital,

‘Ruhunu Ring’ unveiled to boost tourist spending and drive regional investment

Sri Lanka’s tourism industry yesterday unveiled the ‘Ruhunu Ring’, a landmark private sector-led initiative designed to transform the southern tourism landscape by promoting experiential travel and