Nations Trust Bank PLC reported a strong performance for the nine months ending 30th September 2024, achieving a Profit After Tax (PAT) of Rs. 12 billion, up 29 percent YoY.

David Pieris Automobiles (Private) Limited (DPA), a subsidiary of the David Pieris Group (DPG) has delivered the first set of BAIC X55 SUVs to its customers.

Now that the United States (US) election has concluded, what direction will the US’ trade policy be headed? This is one of the burning questions that many of its trading partners are asking in the aftermath of the presidential election.

The European Union (EU) has voiced strong support for Sri Lanka’s renewed commitment to wiping out bribery and corruption which according to the union is a crucial step to attract more Foreign Direct Investment (FDI) into the country.

Majority of Sri Lanka’s plantation companies have witnessed a significant upturn in stock prices from October onwards, driven by a combination of favourable global market trends, strong sector fundamentals and overall investor sentiment.

Amana Bank continued its strong financial performance as it closed the 9 months ending 30 September 2024 with a Profit Before Tax of Rs. 1.98 billion, reflecting a 18 percent YoY increase compared to Rs. 1.68 billion recorded for the corresponding pe

There will be no Mirror Business tomorrow (16) in view of today’s Poya Holiday. The next issue will be on Monday (18).

Continuing its resilience in robust growth, diversified conglomerate Sunshine Holdings PLC posted consolidated revenue of Rs. 30.1 billion for the six months ending 30 September 2024 (1HFY25), an increase of 6.8 percent YoY.

The Export Development Board (EDB) expressed confidence that Sri Lanka’s appeal as a destination for Foreign Direct Investment (FDI) will grow significantly after the General Election.

The Hayleys Group delivered remarkable growth and profitability during the first half of the financial year ending 31st March 2025, as it leveraged its leading market positions across diverse business verticals to deliver a Profit Before Tax of Rs.12

Indices closed in green as a result of price gains in counters such as Sampath Bank, Commercial Bank and DFCC Bank with the turnover crossing Rs. 3.7 bn.

Following a sustained period of bullish sentiment, the secondary market yield curve remained broadly stable while generating ultra-thin volumes.

Sri Lanka’s apparel sector is setting its sights on a new goal: to become South Asia’s creative industries hub, building on its longstanding reputation for quality manufacturing and sustainable practices.

The curtain fell on Mercedes-Benz Fashion Week Sri Lanka 2024 in a spectacular finale that was as much a celebration of artistry as it was homage to visionary talent. Amid a showcase of avant-garde creations and bold couture, awards were presented to

The Fashion Innovation Runway, presented by Sri Lanka’s apparel industry, took center stage at Mercedes-Benz Fashion Week Sri Lanka 2024, showcasing a stunning fusion of creativity, sustainability, and cutting-edge design. The runway featured a col

Spa Ceylon, the world’s largest Luxury Ayurveda brand, announced its commitment to conserving and restoring valuable marine ecosystems surrounding Sri Lanka, in partnership with the Life to Our Coral Reefs initiative of Biodiversity Sri Lanka (BSL)

Underscoring its commitment to transforming credit decision making through AI, Citizens Development Business Finance PLC (CDB) won Silver at the National ICT Awards NBQSA 2024, for its AI-Powered Credit Decision Making.

McLarens group (3M-MLL), the master distributor for 3M products in Sri Lanka is reaffirming its commitment to safeguarding customers by ensuring that they are thechannel for authentic 3M products.

The annual event commemorating the dedication of outstanding staff members at Abans PLC took place on 8th November at Shangri-La with the participation of back-office and sales staff, top management personnel, and other dignitaries, including Gerald

Senfin Securities Limited and Senfin Asset Management (Pvt) Limited served as the premium sponsor for the Senfin | UoK Stock Market Challenge 2024, held at the University of Kelaniya organized by the Students’ Association of Financial Management an

Amana Bank announced its partnership with Biodiversity Sri Lanka (BSL) for its”Life to Mangroves” project in Puttalam District, furthering the Bank’scommitment to sustainability and environmental preservation. This initiative focuses on restori

Sri Lanka’s rupee is projected to remain on a ‘very comfortable terrain’ in the coming years, with the gross foreign exchange reserves standing to top the US $ 12 billion mark before the capital repayments to the creditors begin in 2029, accord

Sri Lanka’s estate sector community is likely to receive significant multinational support, with the Japan International Cooperation Agency (JICA) looking to extend its assistance to improve the social and economic conditions of the estate communit

The SLT-Mobitel group has reported a profit after tax (PAT) of Rs.1,093 million for 3Q 2024, compared to a loss of Rs.1,543 million for the same period last year, demonstrating a significant 171 percent turnaround in bottom line performance.

National Development Bank PLC (NDB) reported a resilient performance for the nine months ended September 30, 2024, navigating the challenges and optimising the emerging opportunities in a reviving economy.

The Commercial Bank of Ceylon group has achieved impressive growth at the end of the third quarter of 2024 by banking on judicious portfolio management and continued improvement of its CASA ratio to counteract the impacts of reduced interest income i

Fitch Ratings has assigned Commercial Bank of Ceylon PLC’s (COMB; A(lka)/Stable) proposed Sri Lankan rupee-denominated senior unsecured listed green bonds of up to Rs.5 billion a final National Long-Term Rating of ‘A(lka)’.

In the first nine months of 2024, Bank of Ceylon (BOC) reported a 66 percent year-on-year (YoY) increase in profit before tax to Rs.37.6 billion (US $ 114 million), supported by strategic moves in a challenging economic environment.

Union Bank of Colombo PLC saw its net interest income coming down in the three months to September 2024, on the back of the declining margins, despite some modest growth in loans.