On October 30th, 2024, MAS Active, in collaboration with the MAS Foundation for Change, reached a significant milestone in their ongoing environmental efforts with the installation of the 60th Ocean Strainer at the Urban Wetland Park in Nawala.

Sigiri.Ai founded by Lasitha Gunasinghe has introduced a groundbreaking development for Sri Lanka’s digital landscape: the first-ever Sinhala and native Tamil Large Language Models (LLMs).

The PIM Alumni Association (PIMA) concluded their Annual General Meeting on the 18th of September 2024 electing the President and the Executive Committee for the Year 2024/25.

Nawaloka College of Higher Studies (NCHS) celebrates its 10th anniversary as a leading higher education provider for Sri Lankan students to pursue world-class degrees.

MendisOne announced that Premium Trading and Logistics and Prudential Shipping once again emerged as standout winners at the National Logistics Awards 2024, securing three awards across key categories:

Sri Lanka officially kickstarted the Global Entrepreneurship Week (GEW) for 2024, yesterday under the theme ‘Entrepreneurship is for Everyone’ at a launch event held at the Ceylon Chamber of Commerce in Colombo.

Standard Chartered Global Research, the research arm of Standard Chartered views the National People’s Power (NPP) coalition’s sweeping victory in Sri Lanka’s parliamentary elections as a positive development, presenting a rare opportunity to u

While expressing cautious optimism, a top banker emphasised the delicate balancing challenge the new government faces on the fiscal front is managing the terms of its IMF programme to avert another debt crisis without imposing undue financial strain

Diversified conglomerate Aitken Spence PLC reported an EBITDA (excluding impacts from foreign currency exchange gains and losses) of Rs. 8.9 billion for the six months ending 30th September 2024, reflecting a growth of 10.4 percent.

The newly appointed Chairman of the Securities and Exchange Commission (SEC) of Sri Lanka, Senior Professor Hareendra Dissabandara stressed efforts would be made to strike a balance between market development and robust regulatory oversight, with the

Hatton National Bank PLC (HNB) reported lower profits for the September 2024 quarter despite receiving a massive lift from the sharply lower impairment provisions as the bank increasingly sees less risk in re-opening its lending taps as the rates eas

DFCC Bank PLC reported a Profit Before Tax (PBT) of Rs. 9,559 million and a Profit After Tax (PAT) of Rs. 6,013 million for the period ended 30 September 2024 compared with the previous period’s PBT of Rs. 8,305 million and a PAT of Rs. 5,498 milli

Sampath Bank PLC reported some robust financial performance in the three months through September 2024 as it was able to reverse the provisions made for possible loan defaults as it grew more confident about their borrower’s debt serviceability whi

A two-day High-Level Policy Forum on South Asia’s Agricultural Future: Scaling Up Climate-Smart Agriculture Practices for Sustainable Growth was held on November 14 and 15 in the Maldives, following the 2nd Project Steering Committee meeting on Nov

Sri Lanka Insurance Life has introduced its latest health insurance cover, ‘Sri Lanka Insurance Life Medi Champ’ in response to the growing financial challenges faced by individuals and families amidst rising healthcare costs.

The Ceylon Chamber of Commerce (CCC) congratulates the National People’s Power led by the President on securing an overwhelming mandate and majority in the Parliamentary election.

WindForce PLC has delivered exceptional results for the second quarter of the 2024/25 fiscal year, driven by a strategic focus on large-scale projects.

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.

SLT-Mobitel has been once again recognised as Sri Lanka’s fastest 4G mobile network by Ookla, the global leader in fixed broadband and mobile network testing applications, data, and analysis.

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 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

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.

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.