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,

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Mirror Business will not be published from Wednesday, December 24, 2025 to Saturday, December 27, 2025, due to Christmas.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.

Keells expands ‘Pre-School Meal Programme’ to reach 500 children in flood affected areas

Building on its ongoing commitment to child wellbeing, Keells is embarking on an extension of its social community outreach programme, Brighter Tomorrow for Our Little Ones, in partnership with the Sarvodaya Shramadana Movement and a group of likeminded partners.

AIESEC in USJ provides global volunteering opportunities for potential young leaders

Young people grow exceptionally when they take responsibility in environments that challenge their abilities. That is why AIESEC in University of Sri Jayewardenepura gives potential young leaders a chance to step out of their regular routine and test themselves in real situations by offering volunteering opportunities all around the world.

The offer to lend not a compulsion to borrow, says Verité chief

Dr. Nishan de Mel, Executive Director of Verité Research has urged the government to evaluate the “hidden costs” of the IMF’s Rapid Financing Instrument (RFI) before committing to the debt.

Sri Lanka Customs initiates major technological overhaul of its vehicle clearance protocols

Sri Lanka Customs has initiated a major technological overhaul of its vehicle clearance protocols to seal a loophole that previously allowed the tampering of motor vehicle data during registration.

IMF approves US$ 206mn emergency lifeline for Sri Lanka following cyclone devastation

The International Monetary Fund (IMF) Executive Board has approved an immediate disbursement of SDR 150.5 million, approximately US$ 206 million to Sri Lanka under the Rapid Financing Instrument (RFI).

SOC focuses on interest caps and stricter rules as Microfinance Bill enters final stages

The Sectoral Oversight Committee (SOC) on Economic Development and International Relations has accelerated efforts to finalise the Microfinance and Credit Regulatory Authority Bill, which aims to provide a comprehensive overhaul of the industry and protect vulnerable borrowers from predatory practices.

Arjuna Herath to step down as BOI Chairman in January

The Chairman of the Board of Investment (BOI), Arjuna Herath has announced his decision to relinquish his role on January 31, 2026, marking the end of a pivotal tenure focused on structural reform.

Planters’ Association stays on high alert as Ditwah damage assessment continues

The Planters’ Association of Ceylon (PA) has placed Regional Plantation Companies (RPCs) on high alert as the industry begins the complex process of recovery following the devastation caused by Cyclone Ditwah, according to a statement issued by PA.