SINGAPORE, October 31, 2026 — Binance has suffered a US$6.3 billion cryptocurrency theft, prompting the world’s largest crypto exchange to suspend withdrawals and pledge to…
COLOMBO, October 30, 2026 — Sri Lanka’s apparel exports increased by 3.47% year-on-year to US$416.99 million in September, supported by stronger shipments to the United…
COLOMBO, October 30, 2026 — Sri Lanka has launched the AgriConnect Joint Implementation Plan with the World Bank Group and the International Fund for Agricultural…
COLOMBO, October 30, 2026 — Union Bank reported a 104% increase in profit after tax to Rs. 701 million for the nine months ended September…
COLOMBO, October 30, 2026 — The Colombo Stock Exchange extended its recovery for a third consecutive session on October 29, with broad-based buying lifting the…
COLOMBO, November 11, 2026 — President Anura Kumara Dissanayake has reviewed the final proposals for the 2027 Budget, saying it…
COLOMBO, October 5, 2026 — Multilac has completed a series…
STC Management team with chief guest: From left: Wasantha Dissanayake,…
WASHINGTON, October 4, 2026 — US President Donald Trump has…
COLOMBO, September 20, 2026 — Sri Lanka is stepping up efforts to strengthen its position within Asia’s expanding trade and investment networks as the country seeks to attract greater foreign investment and expand its role in regional supply chains. With…
COLOMBO, September 19, 2026 — Sri Lanka has connected its first grid-scale standalone Battery Energy Storage System (BESS) to the national electricity grid, marking a significant development in the country’s renewable energy and power infrastructure sector. The 10 MW/40 MWh…
COLOMBO, September 18, 2026 — Renewable energy producer WindForce PLC has expanded its total generation capacity to approximately 268 MW following the commissioning of two new clean-energy projects, including what the company describes as Sri Lanka’s first standalone grid-scale battery…
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 28, 2026 — Sri Lanka’s Government has yet to set a firm timeline for electricity tariff reductions, with Energy Minister Anura Karunathilaka saying…
COLOMBO, September 27, 2026 — Sri Lanka is targeting four million tourist arrivals and US$8 billion in annual tourism revenue by 2030, as the Government…
NEW YORK, September 26, 2026 — Iran has offered the United States a potential agreement that could reopen the Strait of Hormuz within seven days,…
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…
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…
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…
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…
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…
COLOMBO, September 26, 2026 — The Department of Meteorology has issued an “Amber” advisory for high waves covering sea areas from Chilaw to Pottuvil, including…
COLOMBO, September 25, 2026 — Parliament is scheduled to vote today on the Twenty-Second Amendment to the Constitution Bill and the Judicature (Amendment) Bill, as…
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…
LONDON, September 18, 2026 — Singapore Airlines (SIA) has been named the World’s Best Airline for 2026 at the Skytrax World Airline Awards, reclaiming the…
NEW DELHI, September 18, 2026 — Indian Prime Minister Narendra Modi has stepped up efforts to position India as a major global destination for semiconductor…
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…