Colombo Stocks End Week Lower as ASPI Loses 2.5%; Daily Turnover Averages Rs. 972 Million

Oct 24, 2026 2 weeks ago 2 min read
Colombo Stocks End Week Lower as ASPI Loses 2.5%; Daily Turnover Averages Rs. 972 Million

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…

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…

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

Family doctor system must not threaten free healthcare

Sep 8, 2026 2 months ago 3 min read
Family doctor system must not threaten free healthcare

The proposed introduction of a family doctor system in Sri Lanka should be implemented in a manner that strengthens, rather than undermines, the country’s free healthcare system, Medical and Civil Rights Doctors’ Trade Union Alliance Chairman and Specialist Dr Chamal…

SDIG Ajith Rohana retires after 38 years of service

Sep 8, 2026 2 months ago 2 min read
SDIG Ajith Rohana retires after 38 years of service

Senior Deputy Inspector General of Police (SDIG) Attorney-at-Law Dr. Ajith Rohana retired today after completing an illustrious 38-year career in Sri Lanka Police. A ceremonial police guard of honour was held at the Welagedara Stadium in Kurunegala to mark his…

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

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…

HNB Finance strengthens Board with four Independent Non-Executive Directors

Sep 11, 2026 2 months 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…

ECONOMY

MARKETS

NATION

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

Sep 10, 2026 2 months 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…

world

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…

Trump Pitches $5,000 ‘Dividend’ as GOP Seeks Midterm Support

Sep 10, 2026 2 months ago 6 min read
Trump Pitches $5,000 ‘Dividend’ as GOP Seeks Midterm Support

US President Donald Trump said on Wednesday (Sep 9) that every American adult could receive a US$5,000 “Trump dividend” if Republicans maintain control of Congress…

German Company Launches Rocket as Europe Enters Satellite Race

Sep 8, 2026 2 months ago 2 min read
German Company Launches Rocket as Europe Enters Satellite Race

Germany’s Isar Aerospace has launched a rocket into orbit from Norway as Europe aims to boost its ability to independently send satellites into space. The…

More Than 60 Armed Conflicts Push World Into Dangerous Territory

Sep 8, 2026 2 months ago 3 min read
More Than 60 Armed Conflicts Push World Into Dangerous Territory

United Nations High Commissioner for Human Rights Volker Türk has warned that the world is witnessing its highest number of state-linked armed conflicts since the…