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COLOMBO, November 3, 2026 — Sri Lanka’s fuel import costs have increased by approximately 50% compared with last year, limiting the government’s ability to provide…
COLOMBO, November 3, 2026 — Oil prices edged higher in early Asian trading on Tuesday after a report of US strikes on Iran’s Qeshm Island…
COLOMBO, November 2, 2026 — Sri Lanka recorded its highest-ever monthly merchandise export earnings of US$1.377 billion in September 2026, but the external current account…
Tucker Carlson claimed early Monday that the Trump administration is under intense pressure from Israeli Prime Minister Benjamin Netanyahu to launch a nuclear strike on…
COLOMBO, November 2, 2026 — Sri Lanka’s benchmark All Share Price Index (ASPI) declined by 10.97% during the first ten months of 2026, while the…
BIZ BREAKING
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 14, 2026 — Sri Lanka’s stock market showed signs of recovery during Monday’s trading session, with the Colombo Stock Exchange (CSE) benchmarks moving into positive territory after a softer start. The All Share Price Index (ASPI), the benchmark…
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…
BUSINESS
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…
ECONOMY
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…
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…
MARKETS
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…
NATION
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…
world
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…
WASHINGTON, September 16, 2026 — The US government is reportedly moving toward approving an arms package worth approximately US$2.8 billion for Israel, according to US…
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,…
xNEW DELHI, September 13, 2026 — BRICS leaders adopted the New Delhi Declaration on Saturday, the first day of the 18th BRICS Summit, setting out…