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BRASÍLIA, October 26, 2026 — Brazilian President Luiz Inácio Lula da Silva has won reelection, defeating right-wing Senator Flávio Bolsonaro in a presidential runoff, according…
COLOMBO, October 24, 2026 — Sri Lankan companies showcased hospitality products and services at Hotel Asia 2026 in the Maldives, seeking new buyers, business partnerships…
COLOMBO, October 24, 2026 — Colombo stocks ended the week in negative territory, with the All Share Price Index (ASPI) declining by 2.5% and the…
COLOMBO, October 24, 2026 — All three generating units at the Norochcholai Coal Power Plant have been successfully reconnected to Sri Lanka’s national grid after…
COLOMBO, October 23, 2026 — Global oil prices rose sharply on Thursday, with Brent crude reaching a five-month closing high as Houthi attacks in Saudi…
BIZ BREAKING
COLOMBO, September 16, 2026 — The Cabinet of Ministers has approved a major investment proposal that will see Prime Melwa (Pvt) Ltd develop a landmark mixed-use waterfront project within Colombo Port City. The company has been approved for designation as…
COLOMBO, September 14, 2026 — Sri Lanka’s stock market showed signs of recovery during Monday’s trading session, with the Colombo Stock Exchange (CSE) benchmarks moving into positive territory after a softer start. The All Share Price Index (ASPI), the benchmark…
Sri Lanka must use periods of economic stability to strengthen its foreign exchange reserves and build a stronger financial buffer against future external shocks, Central Bank Governor Dr. Nandalal Weerasinghe said. Speaking at the inaugural Reserve Management Conference 2026 in…
BUSINESS
TRINCOMALEE, September 25, 2026 — Fairway Holdings is expanding its presence in Sri Lanka’s tourism industry with a long-term hotel management agreement for Trincomalee Beach…
Sri Lanka’s Agrifood Sector Has Major Export Potential Through High-Value Agriculture and Processing
COLOMBO, September 24, 2026 — Sri Lanka’s agrifood sector has significant potential to become a stronger driver of export growth, investment and higher-productivity employment if…
COLOMBO, September 23, 2026 — Sri Lanka’s total exports surpassed the US$12 billion milestone during the first eight months of 2026, reaching an estimated US$12.01…
HAMBANTOTA, September 20, 2026 — Hambantota International Port (HIP) recently hosted a National Oil Spill Contingency Plan Workshop conducted by the Marine Environment Protection Authority…
ECONOMY
Sri Lanka’s headline inflation accelerated to 8.0% in August 2026, up from 7.3% in July, with rising food prices making the biggest contribution to the…
EDOTCO Sri Lanka has signed a US$10 million investment agreement with the Board of Investment of Sri Lanka (BOI) to expand the country’s digital infrastructure,…
Sri Lanka’s debt burden measured in both debt-to-gross domestic product (GDP) and dollar terms have fallen though it has risen in local currency, Deputy Finance…
MARKETS
Sri Lanka’s rupee was quoted at 328.20/40 to the US dollar in the spot market on Monday, while bond yields were steady, dealers said. A…
Sri Lanka’s bourse opened the week in green with the main All Share Price Index moving up 0.17 percent in early trading. The ASPI was…
ECONOMYNEXT – Sri Lanka’s Colombo Stock Exchange indices were trading down on Tuesday midday, CSE data showed, with the benchmark All Share Price Index moving…
Global stocks edged lower on Monday as surging oil prices, escalating Middle East tensions and political uncertainty in Europe kept investors cautious ahead of crucial…
NATION
COLOMBO, September 24, 2026 — The Second Reading debate on the proposed 22nd Amendment to the Constitution Bill commenced in Parliament today, with Minister of…
COLOMBO, September 23, 2026 — Sri Lanka’s digital marketing industry gathered at Monarch Imperial, Colombo, on September 22 for the grand finale of SLIM DIGIS…
COLOMBO, September 20, 2026 — Authorities have issued a flood warning for several areas in Kandy District as water levels in the Mahaweli River continue…
COLOMBO, September 19, 2026 — All passengers travelling in vehicles on Sri Lanka’s expressways are now required to wear seat belts, with the regulation coming…
world
LONDON, September 18, 2026 — Global oil prices are heading for a weekly decline after three consecutive weeks of gains, as concerns over disruptions to…
Zhang Yiming, the 43-year-old founder of TikTok parent company ByteDance, has officially become Asia’s wealthiest individual with a net worth surpassing $105 billion. His personal…
WASHINGTON, September 16, 2026 — The US government is reportedly moving toward approving an arms package worth approximately US$2.8 billion for Israel, according to US…
India’s BRICS chairship has resulted in more than 50 initiatives covering a wide range of areas, including counterterrorism, artificial intelligence, digital infrastructure, health security, trade,…