Colombo Stocks Close Lower as Key Shares Decline; Turnover Tops Rs. 680 Million

Oct 20, 2026 2 weeks ago 2 min read
Colombo Stocks Close Lower as Key Shares Decline; Turnover Tops Rs. 680 Million

COLOMBO, October 20, 2026 — Colombo stock market indices closed lower as price declines in Dialog Axiata, Hatton National Bank and Hemas Holdings weighed on…

China Merchants’ Exit from US$392 Million Colombo Logistics Project Raises Investment Concerns

Oct 20, 2026 2 weeks ago 4 min read
China Merchants’ Exit from US$392 Million Colombo Logistics Project Raises Investment Concerns

COLOMBO, October 20, 2026 — China Merchants Port Holdings’ withdrawal from a US$392 million logistics development at the Port of Colombo has raised concerns over…

China’s Third-Quarter Growth Reaches 4.5%, Narrowly Beating Forecasts

Oct 20, 2026 2 weeks ago 4 min read
China’s Third-Quarter Growth Reaches 4.5%, Narrowly Beating Forecasts

BEIJING, October 20, 2026 — China’s economy expanded by 4.5% in the third quarter, slightly exceeding market expectations as strong exports helped offset weak domestic…

Sri Lanka’s 2027 Budget Expenditure Set to Rise 12.6% to Rs. 4.99 Trillion

Oct 19, 2026 2 weeks ago 3 min read
Sri Lanka’s 2027 Budget Expenditure Set to Rise 12.6% to Rs. 4.99 Trillion

COLOMBO, October 19, 2026 — Sri Lanka’s total government expenditure is projected to increase by 12.6% to Rs. 4.993 trillion in 2027, from Rs. 4.434…

Sri Lanka Records US$2.24 Billion in Tourism Earnings in First Nine Months

Oct 19, 2026 2 weeks ago 2 min read
Sri Lanka Records US$2.24 Billion in Tourism Earnings in First Nine Months

COLOMBO, October 19, 2026 — Sri Lanka generated US$2.245 billion in tourism earnings during the first nine months of 2026, although revenue from the sector…

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

ECONOMY

MARKETS

NATION

Yala National Park Zones 1 and 2 to close from Sept. 14

Sep 8, 2026 2 months ago 1 min read
Yala National Park Zones 1 and 2 to close from Sept. 14

It has been decided to close Zones 01 and 02 of Yala National Park from September 14, taking into account the challenges faced by animals…

Deputy Minister rejects claims of shifting tax terms at Port City after investor backlash

Sep 8, 2026 2 months ago 3 min read
Deputy Minister rejects claims of shifting tax terms at Port City after investor backlash

Industry and Entrepreneurship Development Deputy Minister Chathuranga Abeysinghe was drawn into a public dispute on LinkedIn over the past day after a technology entrepreneur accused…

President expects favourable SC ruling on controversial 22nd Amendment

Sep 8, 2026 2 months ago 4 min read
President expects favourable SC ruling on controversial 22nd Amendment

President Anura Kumara Dissanayake said the 22nd Amendment to the Constitution would be approved by Parliament soon after the Supreme Court communicates its determination to…

India’s defence minister Rajnath Singh to visit Sri Lanka today

Sep 8, 2026 2 months ago 2 min read
India’s defence minister Rajnath Singh to visit Sri Lanka today

Indian Defence Minister Rajnath Singh is scheduled to arrive in Sri Lanka today (08) on an official visit. Accordingly, he is scheduled to undertake his…

world