Hambantota Port Targets Two Million TEU Capacity as Suez Return Opens New Opportunities

Oct 23, 2026 2 weeks ago 4 min read
Hambantota Port Targets Two Million TEU Capacity as Suez Return Opens New Opportunities

COLOMBO, October 23, 2026 — Hambantota International Port is preparing to increase its annual container handling capacity to two million TEUs in the first quarter…

Colombo Stocks End Lower as Crossings Account for 77.6% of Turnover

Oct 23, 2026 2 weeks ago 2 min read
Colombo Stocks End Lower as Crossings Account for 77.6% of Turnover

COLOMBO, October 23, 2026 — Colombo stock market indices closed lower as price declines in Distilleries, Hatton National Bank and Dialog Axiata weighed on the…

ADB Approves US$100 Million to Expand Livelihood Support and Social Protection in Sri Lanka

Oct 22, 2026 3 weeks ago 2 min read
ADB Approves US$100 Million to Expand Livelihood Support and Social Protection in Sri Lanka

COLOMBO, October 22, 2026 — The Asian Development Bank (ADB) has approved US$100 million in financing to strengthen Sri Lanka’s social protection system, expand economic…

NDB Reports Rs. 7.7 Billion Nine-Month Profit After Fraud Charges; Q3 Earnings Reach Rs. 2.9 Billion

Oct 22, 2026 3 weeks ago 3 min read
NDB Reports Rs. 7.7 Billion Nine-Month Profit After Fraud Charges; Q3 Earnings Reach Rs. 2.9 Billion

COLOMBO, October 22, 2026 — National Development Bank PLC (NDB) reported a post-tax profit of Rs. 7.7 billion for the nine months ended September 30,…

Sri Lanka’s NCPI Inflation Steady at 8.1% in September as Food Prices Accelerate

Oct 22, 2026 3 weeks ago 1 min read
Sri Lanka’s NCPI Inflation Steady at 8.1% in September as Food Prices Accelerate

COLOMBO, October 22, 2026 — Sri Lanka’s headline inflation, measured by the National Consumer Price Index (NCPI), remained unchanged at 8.1% year-on-year in September 2026,…

Sri Lanka’s Official Reserves Top US$7 Billion in October, Rising 3.2%

COLOMBO, November 7, 2026 — Sri Lanka’s official reserve assets rose to US$7.086 billion at the end of October 2026,…

BIZ BREAKING

BUSINESS

Home Lands completes 60% piling work of ‘Central Park Boulevard Port City Colombo’

Sep 8, 2026 2 months ago 4 min read
Home Lands completes 60% piling work of ‘Central Park Boulevard Port City Colombo’

Home Lands yesterday announced that Central Park Boulevard Port City Colombo has reached a significant construction milestone, with 60% of its piling work now officially…

ECONOMY

MARKETS

NATION

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