All Three Norochcholai Units Reconnected to National Grid Following October 17 Outage

Oct 24, 2026 2 weeks ago 1 min read
All Three Norochcholai Units Reconnected to National Grid Following October 17 Outage

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…

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

Oct 23, 2026 2 weeks ago 2 min read
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 as Houthi attacks in Saudi…

Hayleys Solar Launches 24/7 Operations Centre to Monitor Renewable Energy Assets

Oct 23, 2026 2 weeks ago 3 min read
Hayleys Solar Launches 24/7 Operations Centre to Monitor Renewable Energy Assets

COLOMBO, October 23, 2026 — Hayleys Solar has introduced a dedicated 24-hour Renewable Energy Operations Centre (ROC), bringing renewable energy assets onto a centralised digital…

Hambantota Port Targets Two Million TEU Capacity as Suez Return Opens New Opportunities

Oct 23, 2026 2 weeks ago 4 min read
Hambantota Port Targets Two Million TEU Capacity as Suez Return Opens New Opportunities

COLOMBO, October 23, 2026 — Hambantota International Port is preparing to increase its annual container handling capacity to two million TEUs in the first quarter…

Colombo Stocks End Lower as Crossings Account for 77.6% of Turnover

Oct 23, 2026 2 weeks ago 2 min read
Colombo Stocks End Lower as Crossings Account for 77.6% of Turnover

COLOMBO, October 23, 2026 — Colombo stock market indices closed lower as price declines in Distilleries, Hatton National Bank and Dialog Axiata weighed on the…

ASPI Surges 478 Points as CSE Turnover Tops Rs. 2 Billion in First Hour

COLOMBO, November 5, 2026 — Stocks rallied at the Colombo Stock Exchange during the first hour of trading today, with…

BIZ BREAKING

CBSL Urges Sri Lanka to Strengthen Foreign Reserves Before the Next Economic Shock

Sep 11, 2026 2 months ago 3 min read
CBSL Urges Sri Lanka to Strengthen Foreign Reserves Before the Next Economic Shock

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…

IMF Team Arrives in Colombo for Crucial Seventh EFF Review

Sep 10, 2026 2 months ago 2 min read
IMF Team Arrives in Colombo for Crucial Seventh EFF Review

An International Monetary Fund (IMF) team is set to arrive in Colombo today for nearly two weeks of discussions with Sri Lankan authorities on the Seventh Review of the country’s US$3 billion Extended Fund Facility (EFF) programme, alongside the 2026…

Sri Lanka foreign reserves rise 4.6% to $6.9 billion in August

Sep 9, 2026 2 months ago 2 min read
Sri Lanka foreign reserves rise 4.6% to $6.9 billion in August

COLOMBO, Sept 9 – Sri Lanka’s official foreign exchange reserves rose 4.6% in August to $6.905 billion, from $6.6 billion a month earlier, the central bank said. The increase provides a further boost to Sri Lanka’s external liquidity position as…

India’s Economic Rise Creates New Opportunities for Sri Lanka as Rajnath Singh Highlights Expanding Bilateral Ties

Sep 8, 2026 2 months ago 4 min read
India’s Economic Rise Creates New Opportunities for Sri Lanka as Rajnath Singh Highlights Expanding Bilateral Ties

India’s rapidly expanding economy and growing global trade footprint could create further opportunities for Sri Lankan businesses, exporters and investors, as Indian Defence Minister Rajnath Singh highlighted the country’s economic transformation during his visit to Colombo. Speaking to the Indian…

BUSINESS

Sri Lanka Targets Middle Eastern Tourists With Wellness and Wildlife Experiences

Sep 19, 2026 2 months ago 2 min read
Sri Lanka Targets Middle Eastern Tourists With Wellness and Wildlife Experiences

COLOMBO, September 19, 2026 — Sri Lanka is strengthening its efforts to attract more travellers from the Middle East by promoting wellness, wildlife, cultural and…

Visa Highlights Digital Growth Opportunities for Sri Lankan SMEs at National SME Forum

Sep 18, 2026 2 months ago 3 min read
Visa Highlights Digital Growth Opportunities for Sri Lankan SMEs at National SME Forum

COLOMBO, September 18, 2026 — Visa has reaffirmed its commitment to supporting the growth and digital transformation of Sri Lanka’s small and medium enterprises (SMEs)…

DIMO and Union Bank Join Forces to Expand Vehicle Financing Options

Sep 16, 2026 2 months 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 2 months 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…

ECONOMY

In El Nino-hit Sri Lanka, wells run dry and farmer incomes shrink as drought deepens

Sep 8, 2026 2 months ago 3 min read
In El Nino-hit Sri Lanka, wells run dry and farmer incomes shrink as drought deepens

GALWELA YAYA, Sri Lanka Sept 3 (Reuters) – For the first time in over three ​decades, Sri Lankan farmer A.M. Pathmasena says, his well is…

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

Rumesh Tharanga returns to Sri Lanka after victory at World Athletics Ultimate Championship

Sep 15, 2026 2 months ago 1 min read
Rumesh Tharanga returns to Sri Lanka after victory at World Athletics Ultimate Championship

Sri Lankan javelin star Rumesh Tharanga has returned to the island this morning after winning the men’s javelin throw title at the World Athletics Ultimate…

Sri Lanka Launches Islandwide Dengue Control Programme Amid Rising Risk

Sep 14, 2026 2 months 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

India’s BRICS Chairship Produces More Than 50 New Initiatives

Sep 14, 2026 2 months ago 5 min read
India’s BRICS Chairship Produces More Than 50 New Initiatives

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,…

BRICS Summit 2026: New Delhi Declaration Signals Deeper Trade, Local-Currency Payments and a More Integrated Emerging-Market Economy

Sep 13, 2026 2 months ago 12 min read
BRICS Summit 2026: New Delhi Declaration Signals Deeper Trade, Local-Currency Payments and a More Integrated Emerging-Market Economy

xNEW DELHI, September 13, 2026 — BRICS leaders adopted the New Delhi Declaration on Saturday, the first day of the 18th BRICS Summit, setting out…

Modi, Putin Move to Strengthen Ties as Russia Pushes for Greater BRICS Role

Sep 12, 2026 2 months ago 3 min read
Modi, Putin Move to Strengthen Ties as Russia Pushes for Greater BRICS Role

Indian Prime Minister Narendra Modi and Russian President Vladimir Putin have agreed to further strengthen their long-standing strategic partnership, as Moscow called for the BRICS…

Sydney Airport flights disrupted due to air traffic controller shortage

Sep 11, 2026 2 months ago 3 min read
Sydney Airport flights disrupted due to air traffic controller shortage

A shortage of air traffic controllers caused flight cancellations and major delays at Sydney Airport ‌on Friday morning, the federal agency responsible for managing Australia’s…