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US Announces US$17 Million Investment to Digitise Colombo Port Operations

Oct 16, 20262 weeks ago 3 min read

COLOMBO, October 16, 2026 — The United States has announced a US$17 million investment to digitise operations at the Port of Colombo, aiming to accelerate…

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,…

BIZ BREAKING

Fitch Upgrades BOC, People’s Bank and Commercial Bank; Downgrades Cargills Bank

October 31, 2026

COLOMBO, October 31, 2026 — Fitch Ratings has upgraded the National Long-Term Ratings of Bank of Ceylon, People’s Bank and…

NATION

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

September 8, 2026

Industry and Entrepreneurship Development Deputy Minister Chathuranga Abeysinghe was drawn…

NATION

President expects favourable SC ruling on controversial 22nd Amendment

September 8, 2026

President Anura Kumara Dissanayake said the 22nd Amendment to the…

NATION

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

September 8, 2026

Indian Defence Minister Rajnath Singh is scheduled to arrive in…

BIZ BREAKING

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Apparel Exports Rise 3.47% in September, but Nine-Month Earnings Remain 5.52% Lower

MARKETS

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

NATION

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

World

Oil Hits Six-Month High as Hormuz Tanker Attack Deepens Iran Escalation Fears

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Latest news

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

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US Announces US$17 Million Investment to Digitise Colombo Port Operations

CSE Indices Close Higher as Turnover Exceeds Rs. 1.5 Billion

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

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

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

Fitch Upgrades BOC, People’s Bank and Commercial Bank; Downgrades Cargills Bank

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

President expects favourable SC ruling on controversial 22nd Amendment

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

BIZ BREAKING

Fitch Upgrades BOC, People’s Bank and Commercial Bank; Downgrades Cargills Bank

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

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Apparel Exports Rise 3.47% in September, but Nine-Month Earnings Remain 5.52% Lower

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

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

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

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