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“You can increase your fuel prices, but we won’t”: Govt tells private suppliers

Oct 11, 20261 week ago 2 min read

“You can increase your fuel prices, but we won’t”: Govt tells private suppliers

COLOMBO, October 11, 2026 — The Sri Lankan government has ruled out increasing fuel prices to accommodate the demands of private fuel suppliers, with Energy…

Rs. 12 Billion Hospital Complex Planned for Dambulla to Ease Overcrowding

Oct 11, 20261 week ago 2 min read

Rs. 12 Billion Hospital Complex Planned for Dambulla to Ease Overcrowding

DAMBULLA, October 11, 2026 — A new hospital complex estimated to cost Rs. 12 billion is planned for Dambulla to address overcrowding and space constraints…

CSE Ends Week on Positive Note as Banking Stocks Lift Daily Indices Despite Weekly Losses

Oct 11, 20261 week ago 3 min read

CSE Ends Week on Positive Note as Banking Stocks Lift Daily Indices Despite Weekly Losses

COLOMBO, October 11, 2026 — Sri Lanka’s stock market ended the week’s final trading session in positive territory, supported by price gains in Dialog Axiata,…

Trump Calls for Zelenskiy’s Replacement as US-Russia Diesel Deal Deepens Ukraine Rift

Oct 11, 20261 week ago 4 min read

Trump Calls for Zelenskiy’s Replacement as US-Russia Diesel Deal Deepens Ukraine Rift

WASHINGTON, October 11, 2026 — US President Donald Trump has called for Ukraine to replace President Volodymyr Zelenskiy, intensifying tensions between Washington and Kyiv after…

EDB Appoints 24 Export Advisory Committees to Drive Sri Lanka’s US$36 Billion Export Target

Oct 9, 20262 weeks ago 4 min read

EDB Appoints 24 Export Advisory Committees to Drive Sri Lanka’s US$36 Billion Export Target

Minister Sunil Handunnetti, EDB Chairman Mangala Wijesinghe COLOMBO, October 9, 2026 — Sri Lanka has established 24 export advisory committees for 2026–2029 to help remove regulatory…

Rs. 3 Billion HLAB Fund Launched to Back Business Growth; First Capital Commits Rs. 300 Million

Rs. 3 Billion HLAB Fund Launched to Back Business Growth; First Capital Commits Rs. 300 Million

October 20, 2026

COLOMBO, October 20, 2026 — Hatch, Lankan Angel Network and BOV Capital have launched HLAB, a Rs. 3 billion investment…

CSE Indices Close Higher as Turnover Exceeds Rs. 1.5 Billion

October 16, 2026

COLOMBO, October 16, 2026 — The Colombo Stock Exchange (CSE)…

Tesla Unveils Flying Roadster, Claims Sub-One-Second 0–60 MPH Acceleration

October 16, 2026

MCLENNAN, October 16, 2026 — Tesla has unveiled its long-awaited…

IMF Pledges Continued Support for Sri Lanka as $345 Million Tranche Awaits Board Approval

October 15, 2026

BANGKOK, October 15, 2026 — The International Monetary Fund (IMF)…

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BIZ BREAKING

Rs. 3 Billion HLAB Fund Launched to Back Business Growth; First Capital Commits Rs. 300 Million

Rs. 3 Billion HLAB Fund Launched to Back Business Growth; First Capital Commits Rs. 300 Million

October 20, 2026

Sri Lanka’s 2027 Budget Expenditure Set to Rise 12.6% to Rs. 4.99 Trillion

Sri Lanka’s 2027 Budget Expenditure Set to Rise 12.6% to Rs. 4.99 Trillion

October 19, 2026

IMF Signals Continued Support for Sri Lanka Beyond March 2027 Programme Expiry

IMF Signals Continued Support for Sri Lanka Beyond March 2027 Programme Expiry

October 17, 2026

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BUSINESS

Central Bank Governor Highlights Policy Credibility and Price Stability at RBI Conference

Central Bank Governor Highlights Policy Credibility and Price Stability at RBI Conference

October 20, 2026

SANKEN GEN Established as Independent International Group Following Five Decades of Construction Delivery Across Three Continents

SANKEN GEN Established as Independent International Group Following Five Decades of Construction Delivery Across Three Continents

October 19, 2026

Sri Lanka’s AML Reforms Put Investor Confidence and International Banking Access in Focus

Sri Lanka’s AML Reforms Put Investor Confidence and International Banking Access in Focus

October 18, 2026

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ECONOMY

Vidullanka–David Pieris Solar Plant Adds 10 MW to Sri Lanka’s National Grid

Vidullanka–David Pieris Solar Plant Adds 10 MW to Sri Lanka’s National Grid

October 20, 2026

Litro Gas Shipment Carrying 3,900 MT of LPG Scheduled to Arrive Today

Litro Gas Shipment Carrying 3,900 MT of LPG Scheduled to Arrive Today

October 18, 2026

Colombo Port Handles US$30 Billion in U.S.-Related Cargo Annually

Colombo Port Handles US$30 Billion in U.S.-Related Cargo Annually

October 17, 2026

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MARKETS

Colombo Stocks Close Lower as Key Shares Decline; Turnover Tops Rs. 680 Million

Colombo Stocks Close Lower as Key Shares Decline; Turnover Tops Rs. 680 Million

October 20, 2026

CSE Closes Higher as Dialog Axiata, Distilleries Lead Gains; Weekly Indices Remain Lower

CSE Closes Higher as Dialog Axiata, Distilleries Lead Gains; Weekly Indices Remain Lower

October 17, 2026

CSE Indices Close Higher as Turnover Exceeds Rs. 1.5 Billion

CSE Indices Close Higher as Turnover Exceeds Rs. 1.5 Billion

October 16, 2026

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NATION

PUCSL Approves Power Cuts Across Four Groups for October 21

PUCSL Approves Power Cuts Across Four Groups for October 21

October 21, 2026

China Merchants’ Exit from US$392 Million Colombo Logistics Project Raises Investment Concerns

China Merchants’ Exit from US$392 Million Colombo Logistics Project Raises Investment Concerns

October 20, 2026

Sri Lanka Records US$2.24 Billion in Tourism Earnings in First Nine Months

Sri Lanka Records US$2.24 Billion in Tourism Earnings in First Nine Months

October 19, 2026

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World

China’s Third-Quarter Growth Reaches 4.5%, Narrowly Beating Forecasts

China’s Third-Quarter Growth Reaches 4.5%, Narrowly Beating Forecasts

October 20, 2026

Trump to Take Up to 60 Days to Review Russia Sanctions, Rubio Says

Trump to Take Up to 60 Days to Review Russia Sanctions, Rubio Says

October 18, 2026

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

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

October 17, 2026

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BIZ BREAKING

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BUSINESS

All-New Mercedes-Benz GLB 2026 makes Sri Lankan debut at SLTPL 2026

Sep 7, 20261 month ago 2 min read

All-New Mercedes-Benz GLB 2026 makes Sri Lankan debut at SLTPL 2026

ECONOMY

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MARKETS

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NATION

Ven. Ampitiye Sumanarathana Thero further remanded

Sep 8, 20261 month ago 1 min read

Ven. Ampitiye Sumanarathana Thero further remanded

Venerable Ampitiye Sumanarathana Thero, who was arrested by the Batticaloa Police yesterday (07), has been further remanded. The order was issued by the Batticaloa Magistrate’s…

Emerging El Niño effect on Sri Lanka: Be ready for catastrophe

Sep 8, 20261 month ago 15 min read

Emerging El Niño effect on Sri Lanka: Be ready for catastrophe

“A prolonged El Niño drought forces a massive, unbudgeted outflow of foreign currency to fund these fuel imports. At the same time, because domestic agriculture…

Yala National Park Zones 1 and 2 to close from Sept. 14

Sep 8, 20261 month ago 1 min read

Yala National Park Zones 1 and 2 to close from Sept. 14

It has been decided to close Zones 01 and 02 of Yala National Park from September 14, taking into account the challenges faced by animals…

Deputy Minister rejects claims of shifting tax terms at Port City after investor backlash

Sep 8, 20261 month ago 3 min read

Deputy Minister rejects claims of shifting tax terms at Port City after investor backlash

Industry and Entrepreneurship Development Deputy Minister Chathuranga Abeysinghe was drawn into a public dispute on LinkedIn over the past day after a technology entrepreneur accused…

world

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