Colombo Bourse Loses Rs. 324 Billion in October as ASPI Falls Below 20,000

Oct 21, 2026 2 weeks ago 2 min read
Colombo Bourse Loses Rs. 324 Billion in October as ASPI Falls Below 20,000

COLOMBO, October 21, 2026 — The Colombo Stock Exchange’s total market capitalisation has fallen by nearly Rs. 324 billion since the beginning of October, with…

PUCSL Approves Power Cuts Across Four Groups for October 21

Oct 21, 2026 2 weeks ago 1 min read
PUCSL Approves Power Cuts Across Four Groups for October 21

COLOMBO, October 21, 2026 — Scheduled power interruptions will affect four electricity supply groups in Sri Lanka today as part of measures to manage electricity…

Rs. 3 Billion HLAB Fund Launched to Back Business Growth; First Capital Commits Rs. 300 Million

Oct 20, 2026 2 weeks ago 3 min read
Rs. 3 Billion HLAB Fund Launched to Back Business Growth; First Capital Commits Rs. 300 Million

COLOMBO, October 20, 2026 — Hatch, Lankan Angel Network and BOV Capital have launched HLAB, a Rs. 3 billion investment fund aimed at supporting early…

Central Bank Governor Highlights Policy Credibility and Price Stability at RBI Conference

Oct 20, 2026 2 weeks ago 2 min read
Central Bank Governor Highlights Policy Credibility and Price Stability at RBI Conference

COLOMBO, October 20, 2026 — Central Bank of Sri Lanka Governor Dr. P. Nandalal Weerasinghe has stressed the importance of institutional credibility, strong monetary policy…

Vidullanka–David Pieris Solar Plant Adds 10 MW to Sri Lanka’s National Grid

Oct 20, 2026 2 weeks ago 2 min read
Vidullanka–David Pieris Solar Plant Adds 10 MW to Sri Lanka’s National Grid

COLOMBO, October 20, 2026 — Vidullanka PLC and David Pieris Motor Company have inaugurated a 10 MW solar power plant in Ranna, expanding Sri Lanka’s…

Crypto Cannot Be Used for Domestic Payments, CBSL Governor Says

COLOMBO, November 4, 2026 — Digital assets cannot be used for payments between residents under Sri Lanka’s current legal framework,…

BIZ BREAKING

BUSINESS

Sri Lanka hosts 11 Asian nations to showcase JICA-backed farming success

Sep 8, 2026 2 months ago 2 min read
Sri Lanka hosts 11 Asian nations to showcase JICA-backed farming success

The Japan International Cooperation Agency (JICA) and the Agriculture Department will bring 33 participants from 11 Asian countries to learn from Sri Lanka’s experience in…

ComBank takes Q+ digital payments drive to Jaffna ahead of Nallur Festival

Sep 8, 2026 2 months ago 6 min read
ComBank takes Q+ digital payments drive to Jaffna ahead of Nallur Festival

Canvasses more than 350 merchants and activates cashback campaign with 40+ Jaffna businesses as part of CBSL’s latest digital payments promotion Reaffirming its commitment to…

Sri Lanka, Japan step up efforts to address investor concerns and develop export-oriented industrial corridor

Sep 8, 2026 2 months ago 2 min read
Sri Lanka, Japan step up efforts to address investor concerns and develop export-oriented industrial corridor

The Board of Investment of Sri Lanka (BOI) recently hosted the fifth working-level meeting of the Sri Lanka–Japan Business Environment Committee, a platform established to…

Home Lands completes 60% piling work of ‘Central Park Boulevard Port City Colombo’

Sep 8, 2026 2 months ago 4 min read
Home Lands completes 60% piling work of ‘Central Park Boulevard Port City Colombo’

Home Lands yesterday announced that Central Park Boulevard Port City Colombo has reached a significant construction milestone, with 60% of its piling work now officially…

ECONOMY

MARKETS

NATION

Sri Lanka Tourism Faces Fresh Pressure as War Drives Up Energy Costs

Sep 8, 2026 2 months ago 5 min read
Sri Lanka Tourism Faces Fresh Pressure as War Drives Up Energy Costs

Sri Lanka’s tourism sector is facing a more challenging 2026 than initially anticipated, with the Sri Lanka Tourism Development Authority (SLTDA) sharply revising down its…

India’s Defence Minister Rajnath Singh arrives in Sri Lanka

Sep 8, 2026 2 months ago 2 min read
India’s Defence Minister Rajnath Singh arrives in Sri Lanka

Indian Defence Minister Rajnath Singh arrived in Sri Lanka today (08) on a three-day official visit. Accordingly, he is scheduled to remain in Sri Lanka…

Ven. Ampitiye Sumanarathana Thero further remanded

Sep 8, 2026 2 months ago 1 min read
Ven. Ampitiye Sumanarathana Thero further remanded

Venerable Ampitiye Sumanarathana Thero, who was arrested by the Batticaloa Police yesterday (07), has been further remanded. The order was issued by the Batticaloa Magistrate’s…

Emerging El Niño effect on Sri Lanka: Be ready for catastrophe

Sep 8, 2026 2 months ago 15 min read
Emerging El Niño effect on Sri Lanka: Be ready for catastrophe

“A prolonged El Niño drought forces a massive, unbudgeted outflow of foreign currency to fund these fuel imports. At the same time, because domestic agriculture…

world