Oil Prices Hit $110 a Barrel as Middle East Tensions Raise Supply Concerns

Oct 17, 2026 1 week ago 5 min read
Oil Prices Hit $110 a Barrel as Middle East Tensions Raise Supply Concerns

LONDON, October 17, 2026 — Global oil prices have climbed to their highest levels in months, with Brent crude touching $110 a barrel for the…

Sri Lanka Seeks EU Investment Under €300 Billion Global Gateway Initiative

Oct 16, 2026 2 weeks ago 3 min read
Sri Lanka Seeks EU Investment Under €300 Billion Global Gateway Initiative

COLOMBO, October 16, 2026 — Sri Lanka has sought European Union (EU) investment to strengthen small and medium-sized enterprises (SMEs), develop startup incubators and expand…

Sri Lanka–Vietnam Business Council Targets US$ 1 Billion Bilateral Trade by 2030

Oct 16, 2026 2 weeks ago 6 min read
Sri Lanka–Vietnam Business Council Targets US$ 1 Billion Bilateral Trade by 2030

COLOMBO, October 16, 2026 — The Ceylon Chamber of Commerce has launched the Sri Lanka–Vietnam Business Council to strengthen bilateral trade, investment and tourism ties,…

Hambantota Port Handles Over 167,000 Vehicle Deliveries Amid Import Demand

Oct 16, 2026 2 weeks ago 3 min read
Hambantota Port Handles Over 167,000 Vehicle Deliveries Amid Import Demand

HAMBANTOTA, October 16, 2026 — Hambantota International Port (HIP) handled 167,569 vehicle deliveries between March 2025 and September 2026, highlighting its role in Sri Lanka’s…

US Announces US$17 Million Investment to Digitise Colombo Port Operations

Oct 16, 2026 2 weeks ago 3 min read
US Announces US$17 Million Investment to Digitise Colombo Port Operations

COLOMBO, October 16, 2026 — The United States has announced a US$17 million investment to digitise operations at the Port of Colombo, aiming to accelerate…

Asian Stocks Rally as Anthropic IPO Filing Revives AI Optimism Ahead of Major Earnings

COLOMBO, October 27, 2026 — Asian equity markets rallied on Tuesday as Anthropic’s US initial public offering filing renewed enthusiasm…

BIZ BREAKING

Family doctor system must not threaten free healthcare

Sep 8, 2026 2 months ago 3 min read
Family doctor system must not threaten free healthcare

The proposed introduction of a family doctor system in Sri Lanka should be implemented in a manner that strengthens, rather than undermines, the country’s free healthcare system, Medical and Civil Rights Doctors’ Trade Union Alliance Chairman and Specialist Dr Chamal…

SDIG Ajith Rohana retires after 38 years of service

Sep 8, 2026 2 months ago 2 min read
SDIG Ajith Rohana retires after 38 years of service

Senior Deputy Inspector General of Police (SDIG) Attorney-at-Law Dr. Ajith Rohana retired today after completing an illustrious 38-year career in Sri Lanka Police. A ceremonial police guard of honour was held at the Welagedara Stadium in Kurunegala to mark his…

India and Sri Lanka to sign three new defence MoUs during Rajnath Singh’s visit

Sep 1, 2026 2 months ago 2 min read
India and Sri Lanka to sign three new defence MoUs during Rajnath Singh’s visit

Rajnath Singh to meet Sri Lankan leadership Indian-funded reconstruction projects to be reviewed Singh is also expected to review the progress of Indian-funded projects in Sri Lanka, including reconstruction programmes supported by US$450 million in Indian assistance following damage caused…

BUSINESS

DIMO and Union Bank Join Forces to Expand Vehicle Financing Options

Sep 16, 2026 1 month ago 2 min read
DIMO and Union Bank Join Forces to Expand Vehicle Financing Options

COLOMBO, September 16, 2026 — DIMO has partnered with Union Bank PLC to provide exclusive financing solutions for customers purchasing selected TATA Commercial Vehicles, TATA…

MullenLowe Group Sri Lanka Becomes BBDO Sri Lanka

Sep 14, 2026 1 month ago 3 min read
MullenLowe Group Sri Lanka Becomes BBDO Sri Lanka

MullenLowe Group Sri Lanka has transitioned to BBDO Sri Lanka following Omnicom’s global integration, marking the next chapter for an agency built on strong creative…

HNB Finance strengthens Board with four Independent Non-Executive Directors

Sep 11, 2026 2 months ago 4 min read
HNB Finance strengthens Board with four Independent Non-Executive Directors

From left: Renuke Wijayawardhane, Shanti Gnanapragasam, Nabiha Mohamed and Dr. Thisuri Wanniarachchi HNB Finance Plc has strengthened its Board with the appointment of four Independent…

ECONOMY

Sri Lanka Economic and Investment Summit 2026 to Examine How Sri Lanka Can Build a More Resilient Economy for the Future

Sep 8, 2026 2 months ago 3 min read
Sri Lanka Economic and Investment Summit 2026 to Examine How Sri Lanka Can Build a More Resilient Economy for the Future

As Sri Lanka moves beyond economic stabilisation, attention is increasingly turning to how the country can maintain its growth momentum while preparing for the challenges…

Foreign Reserves Rise to USD 6,905 Million

Sep 8, 2026 2 months ago 1 min read
Foreign Reserves Rise to USD 6,905 Million

The latest data from the Central Bank of Sri Lanka shows that the country’s official reserve assets increased by 4.6% to USD 6,905 million by…

Sri Lanka Central Bank buys US$579mn in August amid rupee appreciation

Sep 8, 2026 2 months ago 2 min read
Sri Lanka Central Bank buys US$579mn in August amid rupee appreciation

Sri Lanka’s Central Bank bought a net US$579 million in August, official data showed, amid a stabilizing local currency that touched a four-year low in…

MARKETS

NATION

Sri Lanka Launches Islandwide Dengue Control Programme Amid Rising Risk

Sep 14, 2026 1 month ago 1 min read
Sri Lanka Launches Islandwide Dengue Control Programme Amid Rising Risk

The Sri Lankan Government has launched a special islandwide dengue-control programme from today (September 14) to September 19, as authorities take preventive measures against a…

world

German Company Launches Rocket as Europe Enters Satellite Race

Sep 8, 2026 2 months ago 2 min read
German Company Launches Rocket as Europe Enters Satellite Race

Germany’s Isar Aerospace has launched a rocket into orbit from Norway as Europe aims to boost its ability to independently send satellites into space. The…

More Than 60 Armed Conflicts Push World Into Dangerous Territory

Sep 8, 2026 2 months ago 3 min read
More Than 60 Armed Conflicts Push World Into Dangerous Territory

United Nations High Commissioner for Human Rights Volker Türk has warned that the world is witnessing its highest number of state-linked armed conflicts since the…

Handful of Men Have Almost Unlimited Power Over AI : UN Rights Chief

Sep 8, 2026 2 months ago 3 min read
Handful of Men Have Almost Unlimited Power Over AI : UN Rights Chief

United Nations High Commissioner for Human Rights Volker Türk has issued a stark warning over the rapid development of artificial intelligence, cautioning that inadequate regulation…

Panama Canal May Slash Ship Traffic Further as Powerful El Niño Intensifies

Sep 8, 2026 2 months ago 3 min read
Panama Canal May Slash Ship Traffic Further as Powerful El Niño Intensifies

Panama could impose further restrictions on ship traffic through the Panama Canal as a strengthening El Niño raises concerns over worsening drought conditions and declining…