Oil Prices Surge as Iran’s New Hormuz Tactics Raise Global Supply Fears

Oct 14, 2026 1 week ago 4 min read
Oil Prices Surge as Iran’s New Hormuz Tactics Raise Global Supply Fears

COLOMBO, October 14, 2026 — Global oil prices climbed on Wednesday as attacks on commercial vessels in the Strait of Hormuz and reports of new…

Sri Lanka Takes EXPO 2027 Investment and Export Opportunities to Thai Business Community

Oct 14, 2026 1 week ago 4 min read
Sri Lanka Takes EXPO 2027 Investment and Export Opportunities to Thai Business Community

BANGKOK, October 14, 2026 — Sri Lanka is stepping up efforts to strengthen trade and investment ties with Thailand ahead of Sri Lanka EXPO 2027,…

Sri Lanka Courts Investors With Renewable Energy, Port Expansion and Rs. 2 Trillion Capital Spending Plan

Oct 14, 2026 1 week ago 7 min read
Sri Lanka Courts Investors With Renewable Energy, Port Expansion and Rs. 2 Trillion Capital Spending Plan

COLOMBO, October 14, 2026 — President Anura Kumara Dissanayake has outlined an investment-led economic strategy centred on renewable energy, port infrastructure, rural enterprise development and…

CSE Extends Losses as Dialog, Commercial Bank and HNB Weigh on Indices

Oct 14, 2026 1 week ago 2 min read
CSE Extends Losses as Dialog, Commercial Bank and HNB Weigh on Indices

COLOMBO, October 14, 2026 — Sri Lanka’s stock market closed lower, with losses in heavyweight counters including Dialog Axiata, Commercial Bank and Hatton National Bank…

Sri Lanka Plans Integrated Digital Database to Strengthen Praja Shakthi Poverty Eradication Programme

Oct 14, 2026 1 week ago 3 min read
Sri Lanka Plans Integrated Digital Database to Strengthen Praja Shakthi Poverty Eradication Programme

COLOMBO, October 14, 2026 — Sri Lanka is considering the development of an integrated digital database to identify rural development needs and improve the implementation…

Brent Crude Hits Five-Month High of US$113.17 as Houthi Attacks Raise Supply Fears

COLOMBO, October 23, 2026 — Global oil prices rose sharply on Thursday, with Brent crude reaching a five-month closing high…

BIZ BREAKING

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

HNB Finance strengthens Board with four Independent Non-Executive Directors

Sep 11, 2026 1 month 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…

DFCC Bank Partners with John Keells IT to Enhance Employee Banking Benefits

Sep 10, 2026 1 month ago 3 min read
DFCC Bank Partners with John Keells IT to Enhance Employee Banking Benefits

DFCC Bank has partnered with John Keells IT to introduce its Employee Banking Proposition to the company’s employees, providing access to a broader selection of…

GEM SRI LANKA 2027 Takes Its Global Ambition to Bangkok

Sep 9, 2026 1 month ago 4 min read
GEM SRI LANKA 2027 Takes Its Global Ambition to Bangkok

Sri Lanka’s premier gem and jewellery exhibition, GEM SRI LANKA 2027, has taken a significant step onto the international stage with its first official overseas…

Sri Lanka hosts 11 Asian nations to showcase JICA-backed farming success

Sep 8, 2026 2 months ago 2 min read
Sri Lanka hosts 11 Asian nations to showcase JICA-backed farming success

The Japan International Cooperation Agency (JICA) and the Agriculture Department will bring 33 participants from 11 Asian countries to learn from Sri Lanka’s experience in…

ECONOMY

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

Galle Fort Leads Sri Lanka’s Tourist Hotspots as Visitor Preferences Evolve

Sep 10, 2026 1 month ago 7 min read
Galle Fort Leads Sri Lanka’s Tourist Hotspots as Visitor Preferences Evolve

Galle Fort has emerged as Sri Lanka’s most visited tourist attraction among foreign travellers, surpassing several long-established cultural and urban landmarks and appearing in more…

Yala’s Drought Shows the Growing Cost of Climate Stress on Sri Lanka Tourism

Sep 8, 2026 2 months ago 3 min read
Yala’s Drought Shows the Growing Cost of Climate Stress on Sri Lanka Tourism

YALA, Sri Lanka, Sept 8 (Reuters) – Mugger crocodiles bask along the edge of the shrinking reservoir, waiting like everything else ‌in Sri Lanka’s drought-hit…

Reservoir levels fall near 50% amid dry spell

Sep 8, 2026 2 months ago 1 min read
Reservoir levels fall near 50% amid dry spell

Water levels in reservoirs across Sri Lanka have dropped to around 47.3% of total capacity amid prevailing dry weather, the Irrigation Department said. Major reservoirs…

world

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…

Journalists missing in Indonesia after volcano mission

Sep 8, 2026 2 months ago 2 min read
Journalists missing in Indonesia after volcano mission

Indonesian teams were searching on Tuesday for seven people including five journalists who had gone missing while travelling to cover the eruption of Mount Anak…