Jio Surges 27% on Market Debut, Reaches US$137 Billion Valuation

Oct 29, 2026 2 weeks ago 3 min read
Jio Surges 27% on Market Debut, Reaches US$137 Billion Valuation

MUMBAI, October 29, 2026 — Mukesh Ambani’s Reliance Jio Platforms climbed approximately 27% on its Mumbai stock market debut on Wednesday, reaching a valuation of…

Sri Lanka Begins APG Review of Anti-Money Laundering and Counter-Terrorism Financing Framework

Oct 28, 2026 2 weeks ago 3 min read
Sri Lanka Begins APG Review of Anti-Money Laundering and Counter-Terrorism Financing Framework

COLOMBO, October 28, 2026 — Sri Lanka’s third mutual evaluation by the Asia/Pacific Group on Money Laundering (APG) has commenced, with assessors examining the country’s…

IMF Technology Chief Urges Strong Governance and Public Trust in AI-Driven Central Banking

Oct 28, 2026 2 weeks ago 2 min read
IMF Technology Chief Urges Strong Governance and Public Trust in AI-Driven Central Banking

COLOMBO, October 28, 2026 — Central banks adopting artificial intelligence must prioritise public trust, strong governance and human oversight, IMF Chief Information Officer Shirin Hamid…

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…

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…

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…

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…