March remittances hit four-month high on seasonal inflows

​Sri Lanka’s worker remittances rose sharply in March, supported by seasonal inflows ahead of key festival periods, with receipts climbing to their highest level in four months, Central Bank data showed.

Seasonal pop helps economy plough ahead in March despite geopolitical tensions

​Sri Lanka’s broader economic activities across manufacturing and services showed resilience during March, defying most of the impact from the ongoing Middle East conflict, which has sent the prices of fuel and other products soaring.

Sri Lanka secures continued IMF backing at 2026 Spring Meetings

​A Sri Lankan delegation led by Central Bank Governor Dr. Nandalal Weerasinghe has held productive discussions with the International Monetary Fund, World Bank, and investors during the 2026 Spring Meetings.

April arrivals slump to two-year low, exposing vulnerability to aviation shocks

Sri Lanka’s tourism sector faced a harsh reality check in the first half of April 2026, with tourist arrivals plunging to a two-year low of 68,961. This represents a 26.5 percent drop compared to the 93,915 arrivals recorded during the exact same fifteen-day period in 2025.

Free Trade Zone Manufacturers Association holds 45th AGM

Tropical Findings (Pvt.) Ltd Director Dhammika Fernando was re-elected as Chairman of the Free Trade Zone Manufacturers Association (FTZMA) for the 2026/2027 term, at the association’s Annual General Meeting (AGM) held recently at Hilton Colombo Residences.

People’s Bank receives top accolades at Best Management Practices Company Awards 2026

People’s Bank has once again reaffirmed its position as a cornerstone of Sri Lanka’s financial landscape, delivering an exceptional performance at Best Management Practices Company Awards 2026.

First Capital secures triple Gold at BMPC Awards 2026

First Capital Holdings PLC has been recognised for its strong management practices and leadership excellence at the recently concluded Best Management Practices Company (BMPC) Awards 2026, securing three Gold awards and reaffirming its position as a leading investment institution in Sri Lanka.

DFCC Bank conducts Kuliyapitiya ‘Wyapara Hamuwa’

DFCC Bank PLC conducted its first ‘Wyapara Hamuwa’ programme for 2026 in Kuliyapitiya, bringing together the suppliers connected to PROJAR Lanka (Pvt.) Ltd, a Spain-based coconut chips exporting company operating in the region.

Sysco LABS-AHRP-Global Learning Lab drive Project GLO’s growth in Sri Lanka

Project GLO (Guiding Leadership and Outreach) has emerged as one of corporate Sri Lanka’s most impactful youth leadership initiatives over the past two years, with Sysco LABS playing a central role as one of its leading corporate partners in driving scale, reach and sustained impact.

ComBank-Bancstac strengthen digital payment infrastructure

Commercial Bank of Ceylon has announced that it has entered into a long-term Technology Services Master Agreement with Bancstac, to deploy a secure, compliant, scalable and fully bank-controlled payment processing infrastructure, reinforcing the bank’s leadership in digital financial services.

Mahindra Ideal Finance celebrates debenture listing at CSE

Mahindra Ideal Finance Ltd (MIFL) recently marked the official listing of its inaugural debentures and debut listing on the Colombo Stock Exchange (CSE) with a bell ringing and market opening ceremony held at the CSE trading floor, symbolising a key milestone in the company’s capital market journey and its commitment to transparency and strong governance.

Assetline Insurance Brokers-Life Vision elevate financial security and risk management

Assetline Insurance Brokers (Private) Limited (AIBL), a subsidiary of David Pieris Group of Companies, recently announced a strategic partnership with Life Vision Credit & Investment (Pvt.) Ltd (LVC).

Sri Lanka-France Business Council hosts Members’ Day

The Sri Lanka-France Business Council of The Ceylon Chamber of Commerce hosted its Members’ Day Evening for the second consecutive year, graciously hosted by Ambassador of France Rémi Lambert at his residence.

New CSE branch brings Galle direct access to capital market

The Colombo Stock Exchange (CSE) officially opened its Galle branch to the public, further strengthening its countrywide presence.

Commercial HC issues interim injunction in trademark infringement case involving cleaning chemical brand

The Commercial High Court issued an interim injunction to a cleaning chemical company named C.K.A.Y Marketing and Distributors, in a trademark infringement case filed by a prominent cleaning chemical brand called ‘CLEANA’, alleging unauthorised use of its registered logo and trade mark.

ADB pegs conflict impact on Sri Lanka growth

Sri Lanka’s recovery outlook has come under sharper scrutiny, with the Asian Development Bank (ADB) quantifying the economic fallout from the Middle East conflict, affirming the risks flagged by the International Monetary Fund (IMF) earlier this week, as higher energy costs, softer remittances and tourism disruptions begin to filter through the economy.

Legal mismatch leaves Sri Lanka’s BO register incomplete

Sri Lanka’s newly introduced Beneficial Ownership (BO) framework risks leaving a significant portion of offshore corporate structures outside its transparency net, due to a drafting gap, a tax and regulatory expert warned.

Kaspersky detects 14mn local malware incidents in Sri Lanka in 2025

Sri Lanka experienced 14,960,244 local malware incidents on user computers during 2025, with 37.4 percent of users in the country attacked by threats spread through removable USB drives, CDs, DVDs and other offline methods, according to the latest Kaspersky Security Bulletin.

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.