Asian Stocks Rally as Anthropic IPO Filing Revives AI Optimism Ahead of Major Earnings

Oct 27, 2026 2 weeks ago 2 min read
Asian Stocks Rally as Anthropic IPO Filing Revives AI Optimism Ahead of Major Earnings

COLOMBO, October 27, 2026 — Asian equity markets rallied on Tuesday as Anthropic’s US initial public offering filing renewed enthusiasm for artificial intelligence investments, ahead…

LAUGFS Gas Explores Investment and Potential Stake Sale in Hambantota LPG Terminal

Oct 27, 2026 2 weeks ago 1 min read
LAUGFS Gas Explores Investment and Potential Stake Sale in Hambantota LPG Terminal

COLOMBO, October 27, 2026 — LAUGFS Gas PLC is exploring strategic options for its wholly owned subsidiary, LAUGFS Terminals Limited, including commercial partnerships, external investment…

Sri Lanka’s Exports Reach US$13.6 Billion in Nine Months as September Sets Monthly Record

Oct 27, 2026 2 weeks ago 2 min read
Sri Lanka’s Exports Reach US$13.6 Billion in Nine Months as September Sets Monthly Record

COLOMBO, October 27, 2026 — Sri Lanka’s total export earnings reached US$13.612 billion during the first nine months of 2026, supported by a record monthly…

Bolsonaro’s Party Recognises Lula Victory as Trump Questions Brazil Election Without Evidence

Oct 27, 2026 2 weeks ago 3 min read
Bolsonaro’s Party Recognises Lula Victory as Trump Questions Brazil Election Without Evidence

BRASÍLIA, October 27, 2026 — The Liberal Party of defeated Brazilian presidential candidate Flávio Bolsonaro has recognised Luiz Inácio Lula da Silva’s runoff victory, even…

Sri Lanka Navy Officer Honoured for Near-Perfect GPA and Awards at US Naval Postgraduate School

Oct 27, 2026 2 weeks ago 2 min read
Sri Lanka Navy Officer Honoured for Near-Perfect GPA and Awards at US Naval Postgraduate School

COLOMBO, October 27, 2026 — Sri Lanka Navy Lieutenant Commander Piyumi Kathriarachchi has been recognised for graduating with honours from the US Naval Postgraduate School,…

Sri Lanka’s Official Reserves Top US$7 Billion in October, Rising 3.2%

COLOMBO, November 7, 2026 — Sri Lanka’s official reserve assets rose to US$7.086 billion at the end of October 2026,…

BIZ BREAKING

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…

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…

BUSINESS

HIP Hosts National Oil Spill Contingency Plan Workshop Led by MEPA

Sep 20, 2026 2 months ago 4 min read
HIP Hosts National Oil Spill Contingency Plan Workshop Led by MEPA

HAMBANTOTA, September 20, 2026 — Hambantota International Port (HIP) recently hosted a National Oil Spill Contingency Plan Workshop conducted by the Marine Environment Protection Authority…

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…

ECONOMY

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

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

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…

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…