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CSE Indices Close Higher as Turnover Exceeds Rs. 1.5 Billion

Oct 16, 20262 weeks ago 2 min read

COLOMBO, October 16, 2026 — The Colombo Stock Exchange (CSE) ended the session on a positive note, with both the All Share Price Index (ASPI)…

Tesla Unveils Flying Roadster, Claims Sub-One-Second 0–60 MPH Acceleration

Oct 16, 20262 weeks ago 4 min read

MCLENNAN, October 16, 2026 — Tesla has unveiled its long-awaited next-generation Roadster with a dramatic demonstration featuring midair flips, rocket-inspired propulsion technology and a claimed…

IMF Pledges Continued Support for Sri Lanka as $345 Million Tranche Awaits Board Approval

Oct 15, 20262 weeks ago 3 min read

BANGKOK, October 15, 2026 — The International Monetary Fund (IMF) has reaffirmed its commitment to supporting Sri Lanka’s economic recovery, signalling continued engagement beyond the…

Home Lands Completes Piling for Port City’s Central Park Boulevard Ahead of Schedule

Oct 15, 20262 weeks ago 4 min read

COLOMBO, October 15, 2026 — Home Lands Group has completed 100% of piling work for its ultra-luxury residential development, Central Park Boulevard Port City Colombo,…

IRD Sets November 30 Deadline for 2025/2026 Income Tax Returns

Oct 15, 20262 weeks ago 2 min read

COLOMBO, October 15, 2026 — The Inland Revenue Department (IRD) has reminded individuals registered for income tax to submit their income tax returns for the…

BIZ BREAKING

Union Bank’s Nine-Month Profit After Tax More Than Doubles to Rs. 701 Million

COLOMBO, October 30, 2026 — Union Bank reported a 104% increase in profit after tax to Rs. 701 million for…

BIZ BREAKING

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

September 1, 2026

Rajnath Singh to meet Sri Lankan leadership Indian-funded reconstruction projects…

BIZ BREAKING

Union Bank’s Nine-Month Profit After Tax More Than Doubles to Rs. 701 Million

Ceylon Chamber Urges Review of Draft Laws to Protect Investor Confidence and GSP+ Access

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

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BUSINESS

Japan Grants Rs. 4.56 Billion for Kelani River Pumping Project to Protect Businesses and Communities

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

LAUGFS Gas Explores Investment and Potential Stake Sale in Hambantota LPG Terminal

October 27, 2026

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ECONOMY

World Bank Forecasts 23% Rise in Commodity Prices as Energy and Food Costs Climb

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

Sri Lanka’s Exports Reach US$13.6 Billion in Nine Months as September Sets Monthly Record

October 27, 2026

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MARKETS

CSE Recovery Enters Third Session as ASPI Jumps 297 Points Above 20,250

Colombo Stocks Rise as Banking and Telecom Gains Lift Turnover Above Rs. 2.2 Billion

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

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NATION

Centrum Air Connects Tashkent and Mattala with Twice-Weekly Direct Flights

Central Bank Names 27 Prohibited Scheme Entries, Warns Public Over Companies and Apps

President Orders Faster Completion of Katunayake Airport Capacity Expansion Projects

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World

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

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