EDB Recognises Sri Lanka Expo 2027 Partners Ahead of Major International Trade Exhibition

Nov 9, 2026 5 hours ago 2 min read
EDB Recognises Sri Lanka Expo 2027 Partners Ahead of Major International Trade Exhibition

COLOMBO, November 9, 2026 — The Sri Lanka Export Development Board (EDB) recognised local and international organisations supporting Sri Lanka Expo 2027 at a ceremony…

China Extends Suspension of 24% Additional Tariff on US Goods for Two Months

Nov 9, 2026 10 hours ago 1 min read
China Extends Suspension of 24% Additional Tariff on US Goods for Two Months

BEIJING, November 9, 2026 — China will extend the suspension of an additional 24% tariff on imports from the United States for another two months…

Sri Lanka’s Remittances Reach US$735.6 Million in October; Ten-Month Inflows Top US$7.6 Billion

Nov 9, 2026 11 hours ago 2 min read
Sri Lanka’s Remittances Reach US$735.6 Million in October; Ten-Month Inflows Top US$7.6 Billion

OLOMBO, November 9, 2026 — Sri Lanka’s workers’ remittances reached US$735.6 million in October, increasing 3.31% year-on-year and lifting cumulative inflows for the first ten…

Fitch Upgrades Commercial Bank to ‘AA(lka)’ Following National Rating Scale Recalibration

Nov 9, 2026 11 hours ago 3 min read
Fitch Upgrades Commercial Bank to ‘AA(lka)’ Following National Rating Scale Recalibration

COLOMBO, November 9, 2026 — Fitch Ratings has upgraded Commercial Bank of Ceylon PLC’s National Long-Term Rating to ‘AA(lka)’ from ‘AA-(lka)’, effective October 30, 2026,…

JAAF Backs Fresh GSP+ Application to Protect Sri Lanka’s EU Market Access

Nov 9, 2026 12 hours ago 2 min read
JAAF Backs Fresh GSP+ Application to Protect Sri Lanka’s EU Market Access

COLOMBO, November 9, 2026 — The Joint Apparel Association Forum (JAAF) has welcomed the Government’s commitment to submit a fresh application for the European Union’s…

JAAF Backs Fresh GSP+ Application to Protect Sri Lanka’s EU Market Access

COLOMBO, November 9, 2026 — The Joint Apparel Association Forum (JAAF) has welcomed the Government’s commitment to submit a fresh…

BIZ BREAKING

JAAF Backs Fresh GSP+ Application to Protect Sri Lanka’s EU Market Access

Nov 9, 2026 12 hours ago 2 min read
JAAF Backs Fresh GSP+ Application to Protect Sri Lanka’s EU Market Access

COLOMBO, November 9, 2026 — The Joint Apparel Association Forum (JAAF) has welcomed the Government’s commitment to submit a fresh application for the European Union’s GSP+ scheme under its new 10-year trade framework, describing continued preferential access as essential to…

Sri Lanka’s Official Reserves Top US$7 Billion in October, Rising 3.2%

Nov 7, 2026 2 days ago 1 min read
Sri Lanka’s Official Reserves Top US$7 Billion in October, Rising 3.2%

COLOMBO, November 7, 2026 — Sri Lanka’s official reserve assets rose to US$7.086 billion at the end of October 2026, crossing the US$7 billion threshold again, according to the latest Central Bank statistics. Reserves increased by US$219 million from US$6.867…

Port City Colombo FinTech Dialogue Calls for Two-Year Growth Roadmap

Nov 6, 2026 3 days ago 2 min read
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COLOMBO, November 6, 2026 — A high-level dialogue at Port City Colombo has highlighted the need for a two-year actionable roadmap to develop its FinTech sector and attract regional and international businesses seeking a base for expansion. The discussion opened…

Plantation Sector Calls for Longer Leases and Investment Reforms as Costs Rise and Output Falls

Nov 6, 2026 3 days ago 5 min read
Plantation Sector Calls for Longer Leases and Investment Reforms as Costs Rise and Output Falls

COLOMBO, November 6, 2026 — Sri Lanka’s plantation sector faces growing pressure to secure long-term investment as rising production costs, declining output and the approaching expiry of regional plantation company leases weaken the commercial case for replanting and modernisation. With…

BUSINESS

Fitch Upgrades Commercial Bank to ‘AA(lka)’ Following National Rating Scale Recalibration

Nov 9, 2026 11 hours ago 3 min read
Fitch Upgrades Commercial Bank to ‘AA(lka)’ Following National Rating Scale Recalibration

COLOMBO, November 9, 2026 — Fitch Ratings has upgraded Commercial Bank of Ceylon PLC’s National Long-Term Rating to ‘AA(lka)’ from ‘AA-(lka)’, effective October 30, 2026,…

HIPG and Al-Futtaim Logistics Explore Stronger Gulf Vehicle Links and Port Investment Opportunities

Nov 8, 2026 1 day ago 3 min read
HIPG and Al-Futtaim Logistics Explore Stronger Gulf Vehicle Links and Port Investment Opportunities

COLOMBO, November 8, 2026 — Hambantota International Port Group (HIPG) and Al-Futtaim Logistics have explored expanding their business relationship, including vehicle shipping links to Gulf…

John Keells Forum Explores Property and Equity Investment Strategies for Long-Term Wealth

Nov 7, 2026 2 days ago 3 min read
John Keells Forum Explores Property and Equity Investment Strategies for Long-Term Wealth

COLOMBO, November 7, 2026 — John Keells Properties and John Keells Stock Brokers brought together real estate, capital markets and wealth management professionals at ‘The…

Export Manufacturers Can Access TIEP Tax Concessions Through Industry Ministry: Handunnetti

Nov 6, 2026 3 days ago 1 min read
Export Manufacturers Can Access TIEP Tax Concessions Through Industry Ministry: Handunnetti

COLOMBO, November 6, 2026 — Businesses engaged in export-oriented manufacturing can seek tax concessions under the Temporary Importation for Export Processing (TIEP) scheme through the…

ECONOMY

Sri Lanka’s Remittances Reach US$735.6 Million in October; Ten-Month Inflows Top US$7.6 Billion

Nov 9, 2026 11 hours ago 2 min read
Sri Lanka’s Remittances Reach US$735.6 Million in October; Ten-Month Inflows Top US$7.6 Billion

OLOMBO, November 9, 2026 — Sri Lanka’s workers’ remittances reached US$735.6 million in October, increasing 3.31% year-on-year and lifting cumulative inflows for the first ten…

Higher Wages, Lower Living Standards: Sri Lanka’s Real Take-Home Pay, 2017–2026

Nov 8, 2026 1 day ago 4 min read
Higher Wages, Lower Living Standards: Sri Lanka’s Real Take-Home Pay, 2017–2026

COLOMBO, November 8, 2026 — Formal-sector gross wages, on the EPF-based index, rose 131.8% between January 2017 and March 2026, ahead of the 114.9% rise…

LAUGFS Seeks Temporary Hambantota Terminal Access as Three LPG Shipments Due in November

Nov 4, 2026 5 days ago 3 min read
LAUGFS Seeks Temporary Hambantota Terminal Access as Three LPG Shipments Due in November

COLOMBO, November 4, 2026 — LAUGFS Gas PLC has requested three months of temporary permission to supply the domestic LPG market through its Hambantota terminal,…

CPC Raises Petrol and Diesel Prices; Lanka IOC Matches Two Fuel Rates

Nov 2, 2026 1 week ago 1 min read
CPC Raises Petrol and Diesel Prices; Lanka IOC Matches Two Fuel Rates

COLOMBO, November 2, 2026 — The Ceylon Petroleum Corporation (CPC) has increased petrol and diesel prices, effective from midnight on November 1, while leaving kerosene…

MARKETS

Colombo Stocks End Week Higher as ASPI Gains 5.4%; Daily Turnover Averages Rs. 3 Billion

Nov 7, 2026 2 days ago 2 min read
Colombo Stocks End Week Higher as ASPI Gains 5.4%; Daily Turnover Averages Rs. 3 Billion

COLOMBO, November 7, 2026 — The Colombo Stock Exchange ended the week on a positive note, with the All Share Price Index (ASPI) gaining 5.4%…

EPF Equity Portfolio Valued at Rs. 204.94 Billion, More Than Double Investment Cost

Nov 6, 2026 3 days ago 1 min read
EPF Equity Portfolio Valued at Rs. 204.94 Billion, More Than Double Investment Cost

COLOMBO, November 6, 2026 — The Employees’ Provident Fund’s (EPF) listed equity portfolio reached a market value of Rs. 204.94 billion as of June 30,…

Colombo Stocks Close Higher as Banking Gains Lift Turnover Above Rs. 3.9 Billion

Nov 5, 2026 4 days ago 2 min read
Colombo Stocks Close Higher as Banking Gains Lift Turnover Above Rs. 3.9 Billion

COLOMBO, November 5, 2026 — The Colombo Stock Exchange’s benchmark indices closed higher, supported by gains in Commercial Bank, Dialog Axiata and Hatton National Bank,…

Colombo Stocks Rise as Dialog, Overseas Realty and Hayleys Lead Gains; Turnover Tops Rs. 1.5 Billion

Nov 4, 2026 5 days ago 2 min read
Colombo Stocks Rise as Dialog, Overseas Realty and Hayleys Lead Gains; Turnover Tops Rs. 1.5 Billion

COLOMBO, November 4, 2026 — The Colombo Stock Exchange’s benchmark indices closed higher, supported by price gains in Dialog Axiata, Overseas Realty and Hayleys, with…

NATION

EDB Recognises Sri Lanka Expo 2027 Partners Ahead of Major International Trade Exhibition

Nov 9, 2026 5 hours ago 2 min read
EDB Recognises Sri Lanka Expo 2027 Partners Ahead of Major International Trade Exhibition

COLOMBO, November 9, 2026 — The Sri Lanka Export Development Board (EDB) recognised local and international organisations supporting Sri Lanka Expo 2027 at a ceremony…

Passenger Drone Test Flights Begin at Colombo Port City Ahead of November 11 Demonstration

Nov 8, 2026 1 day ago 2 min read
Passenger Drone Test Flights Begin at Colombo Port City Ahead of November 11 Demonstration

COLOMBO, November 8, 2026 — Passenger drones are undergoing test flights at Colombo Port City ahead of an official demonstration on November 11, as Sri…

Port City Colombo Holds First India Investor Forum to Strengthen Bilateral Economic Ties

Nov 6, 2026 3 days ago 3 min read
Port City Colombo Holds First India Investor Forum to Strengthen Bilateral Economic Ties

COLOMBO, November 6, 2026 — More than 200 business leaders, investors, policymakers and industry representatives gathered in Chennai for Port City Colombo’s inaugural investor forum…

Fitch Upgrades People’s Leasing, MBSL and CBC Finance; Outlooks Stable

Nov 5, 2026 4 days ago 3 min read
Fitch Upgrades People’s Leasing, MBSL and CBC Finance; Outlooks Stable

COLOMBO, November 5, 2026 — Fitch Ratings has upgraded the National Long-Term Ratings of three Sri Lankan bank-owned non-bank financial institutions, reflecting their parent banks’…

world

China Extends Suspension of 24% Additional Tariff on US Goods for Two Months

Nov 9, 2026 10 hours ago 1 min read
China Extends Suspension of 24% Additional Tariff on US Goods for Two Months

BEIJING, November 9, 2026 — China will extend the suspension of an additional 24% tariff on imports from the United States for another two months…

IMF Chief Warns AI Slowdown Could Complicate Central Banks’ Inflation Fight

Nov 8, 2026 1 day ago 2 min read
IMF Chief Warns AI Slowdown Could Complicate Central Banks’ Inflation Fight

WASHINGTON, November 8, 2026 — Central banks must account for any slowdown in growth driven by artificial intelligence investment when assessing how to tackle persistent…

Nasdaq 100 Loses US$2.5 Trillion as Democrat Election Gains Deepen AI Investment Fears

Nov 6, 2026 3 days ago 3 min read
Nasdaq 100 Loses US$2.5 Trillion as Democrat Election Gains Deepen AI Investment Fears

NEW YORK, November 6, 2026 — A sharp selloff in technology stocks erased US$2.5 trillion from the Nasdaq 100 on Thursday as investors feared the…

‘Next Barack Obama’ Emerges as Clear Frontrunner for 2028 US Presidential Race

Nov 5, 2026 5 days ago 2 min read
‘Next Barack Obama’ Emerges as Clear Frontrunner for 2028 US Presidential Race

WASHINGTON, November 5, 2026 — Democratic Senator Jon Ossoff has emerged as the leading prospect for the 2028 US presidency on prediction platform Polymarket following…