Cabinet Clears US$100 Million ADB Loan Agreement for Economic Recovery Programme

Oct 28, 2026 2 weeks ago 2 min read
Cabinet Clears US$100 Million ADB Loan Agreement for Economic Recovery Programme

COLOMBO, October 28, 2026 — The Cabinet of Ministers has approved entering into a US$100 million loan agreement with the Asian Development Bank (ADB) to…

CSE Targets Record Rs. 200 Billion in Capital Raising as New Investment Products Take Shape

Oct 28, 2026 2 weeks ago 4 min read
CSE Targets Record Rs. 200 Billion in Capital Raising as New Investment Products Take Shape

COLOMBO, October 28, 2026 — Capital raised through the Colombo Stock Exchange (CSE) could reach a record Rs. 200 billion this year, Chief Executive Officer…

President Orders Faster Completion of Katunayake Airport Capacity Expansion Projects

Oct 28, 2026 2 weeks ago 2 min read
President Orders Faster Completion of Katunayake Airport Capacity Expansion Projects

COLOMBO, October 28, 2026 — President Anura Kumara Dissanayake has directed officials to accelerate projects aimed at increasing passenger capacity and improving facilities at Katunayake…

Luxury World Cruise Suspended in Cambodia as Soaring Fuel Costs Strand Passengers

Oct 28, 2026 2 weeks ago 2 min read
Luxury World Cruise Suspended in Cambodia as Soaring Fuel Costs Strand Passengers

PHNOM PENH, October 28, 2026 — Passengers aboard the luxury residential cruise ship Villa Vie Odyssey have been left stranded in Cambodia after its US-based…

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…

BIZ BREAKING

India and Sri Lanka to sign three new defence MoUs during Rajnath Singh’s visit

Sep 1, 2026 2 months ago 2 min read
India and Sri Lanka to sign three new defence MoUs during Rajnath Singh’s visit

Rajnath Singh to meet Sri Lankan leadership Indian-funded reconstruction projects to be reviewed Singh is also expected to review the progress of Indian-funded projects in Sri Lanka, including reconstruction programmes supported by US$450 million in Indian assistance following damage caused…

BUSINESS

HNB Finance strengthens Board with four Independent Non-Executive Directors

Sep 11, 2026 2 months ago 4 min read
HNB Finance strengthens Board with four Independent Non-Executive Directors

From left: Renuke Wijayawardhane, Shanti Gnanapragasam, Nabiha Mohamed and Dr. Thisuri Wanniarachchi HNB Finance Plc has strengthened its Board with the appointment of four Independent…

DFCC Bank Partners with John Keells IT to Enhance Employee Banking Benefits

Sep 10, 2026 2 months ago 3 min read
DFCC Bank Partners with John Keells IT to Enhance Employee Banking Benefits

DFCC Bank has partnered with John Keells IT to introduce its Employee Banking Proposition to the company’s employees, providing access to a broader selection of…

GEM SRI LANKA 2027 Takes Its Global Ambition to Bangkok

Sep 9, 2026 2 months ago 4 min read
GEM SRI LANKA 2027 Takes Its Global Ambition to Bangkok

Sri Lanka’s premier gem and jewellery exhibition, GEM SRI LANKA 2027, has taken a significant step onto the international stage with its first official overseas…

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…

ECONOMY

MARKETS

NATION

Galle Fort Leads Sri Lanka’s Tourist Hotspots as Visitor Preferences Evolve

Sep 10, 2026 2 months ago 7 min read
Galle Fort Leads Sri Lanka’s Tourist Hotspots as Visitor Preferences Evolve

Galle Fort has emerged as Sri Lanka’s most visited tourist attraction among foreign travellers, surpassing several long-established cultural and urban landmarks and appearing in more…

Yala’s Drought Shows the Growing Cost of Climate Stress on Sri Lanka Tourism

Sep 8, 2026 2 months ago 3 min read
Yala’s Drought Shows the Growing Cost of Climate Stress on Sri Lanka Tourism

YALA, Sri Lanka, Sept 8 (Reuters) – Mugger crocodiles bask along the edge of the shrinking reservoir, waiting like everything else ‌in Sri Lanka’s drought-hit…

Reservoir levels fall near 50% amid dry spell

Sep 8, 2026 2 months ago 1 min read
Reservoir levels fall near 50% amid dry spell

Water levels in reservoirs across Sri Lanka have dropped to around 47.3% of total capacity amid prevailing dry weather, the Irrigation Department said. Major reservoirs…

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…

world

Handful of Men Have Almost Unlimited Power Over AI : UN Rights Chief

Sep 8, 2026 2 months ago 3 min read
Handful of Men Have Almost Unlimited Power Over AI : UN Rights Chief

United Nations High Commissioner for Human Rights Volker Türk has issued a stark warning over the rapid development of artificial intelligence, cautioning that inadequate regulation…

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…