Trump Says US Is Not Negotiating with Iran, Signals Developments ‘Fairly Soon’

Oct 22, 2026 2 weeks ago 2 min read
Trump Says US Is Not Negotiating with Iran, Signals Developments ‘Fairly Soon’

WASHINGTON, October 22, 2026 — US President Donald Trump said Washington is not negotiating with Iran and indicated that developments could come soon, as uncertainty…

Sri Lanka’s Tea Export Earnings Top US$1 Billion as Rupee Revenue Rises Despite Dollar Decline

Oct 21, 2026 2 weeks ago 3 min read
Sri Lanka’s Tea Export Earnings Top US$1 Billion as Rupee Revenue Rises Despite Dollar Decline

COLOMBO, October 21, 2026 — Sri Lanka earned approximately US$1.083 billion from tea exports during the first nine months of 2026, crossing the billion-dollar mark…

Access Engineering Expects Rs. 310 Million Company-Level Loss from Logistics Project Exit

Oct 21, 2026 2 weeks ago 2 min read
Access Engineering Expects Rs. 310 Million Company-Level Loss from Logistics Project Exit

COLOMBO, October 21, 2026 — Access Engineering PLC expects to recognise a loss of approximately Rs. 310 million in its standalone company financial statements following…

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…

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

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

Panama Canal May Slash Ship Traffic Further as Powerful El Niño Intensifies

Sep 8, 2026 2 months ago 3 min read
Panama Canal May Slash Ship Traffic Further as Powerful El Niño Intensifies

Panama could impose further restrictions on ship traffic through the Panama Canal as a strengthening El Niño raises concerns over worsening drought conditions and declining…

Journalists missing in Indonesia after volcano mission

Sep 8, 2026 2 months ago 2 min read
Journalists missing in Indonesia after volcano mission

Indonesian teams were searching on Tuesday for seven people including five journalists who had gone missing while travelling to cover the eruption of Mount Anak…