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IMF Signals Continued Support for Sri Lanka Beyond March 2027 Programme Expiry

Oct 17, 20263 weeks ago 5 min read

COLOMBO, October 17, 2026 — The International Monetary Fund (IMF) has signalled its readiness to continue supporting Sri Lanka beyond the expiry of its current…

Prime Lands and Melwa Join Hands for Mixed-Use Development in Port City Colombo

Oct 17, 20263 weeks ago 2 min read

COLOMBO, October 17, 2026 — Sri Lankan developers Prime Lands and Melwa have signed a Sales and Purchase Agreement (SPA) for a new mixed-use development…

Colombo Port Handles US$30 Billion in U.S.-Related Cargo Annually

Oct 17, 20263 weeks ago 4 min read

COLOMBO, October 17, 2026 — The Port of Colombo handles an estimated US$30 billion worth of U.S.-related cargo annually, highlighting its strategic importance to international…

Rs. 3.09 Billion Surgical Ward Complex Planned for Tangalle Hospital

Oct 17, 20263 weeks ago 2 min read

TANGALLE, October 17, 2026 — A nine-storey surgical ward complex estimated to cost Rs. 3.09 billion is planned for Tangalle Base Hospital as part of…

CSE Closes Higher as Dialog Axiata, Distilleries Lead Gains; Weekly Indices Remain Lower

Oct 17, 20263 weeks ago 2 min read

COLOMBO, October 17, 2026 — Sri Lanka’s stock market ended the week on a positive note, with gains in counters such as Dialog Axiata, Distilleries…

BIZ BREAKING

CAL Signs Deal to Acquire 51% of Hong Kong Fund Manager Asia Frontier Capital

November 3, 2026

COLOMBO, November 3, 2026 — Capital Alliance Holdings PLC (CAL) has signed an agreement to acquire a 51% stake in…

NATION

SLIM DIGIS 2.6 Brings Sri Lanka’s Digital Marketing Industry Into the Global Spotlight

September 23, 2026

COLOMBO, September 23, 2026 — Sri Lanka’s digital marketing industry…

MARKETS

Global Oil Stays Above US$100 as Sri Lanka Holds Fuel Prices Amid Rising Business Costs

September 20, 2026

COLOMBO, September 20, 2026 — Sri Lankan businesses are facing…

WORLD

Canada, India Push to Finalise Trade Deal by Year-End

September 20, 2026

MUMBAI, September 20, 2026 — Canada remains optimistic about concluding…

BIZ BREAKING

BUSINESS

Hayleys Solar Inaugurates Two Kosgama Projects with Combined Capacity of 5 MW

ECONOMY

CPC Raises Petrol and Diesel Prices; Lanka IOC Matches Two Fuel Rates

MARKETS

ASPI Falls 10.97% in Ten Months as October Wipes Rs. 441 Billion Off Market Value

NATION

Fuel Import Costs Up 50%, Limiting Price Relief Despite Rs. 57 Billion Subsidy Allocation: Minister

World

Oil Prices Rise After Reported US Strike on Iran’s Qeshm Island

BIZ BREAKING

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Latest news

Sri Lanka Customs Revenue Surpasses September Target by 32% as 2026 Collections Near Annual Goal

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Trump Rules Out US Attack on Iran Before November Midterm Elections

IMF Signals Continued Support for Sri Lanka Beyond March 2027 Programme Expiry

Prime Lands and Melwa Join Hands for Mixed-Use Development in Port City Colombo

Colombo Port Handles US$30 Billion in U.S.-Related Cargo Annually

Rs. 3.09 Billion Surgical Ward Complex Planned for Tangalle Hospital

CSE Closes Higher as Dialog Axiata, Distilleries Lead Gains; Weekly Indices Remain Lower

CAL Signs Deal to Acquire 51% of Hong Kong Fund Manager Asia Frontier Capital

SLIM DIGIS 2.6 Brings Sri Lanka’s Digital Marketing Industry Into the Global Spotlight

Global Oil Stays Above US$100 as Sri Lanka Holds Fuel Prices Amid Rising Business Costs

Canada, India Push to Finalise Trade Deal by Year-End

BIZ BREAKING

CAL Signs Deal to Acquire 51% of Hong Kong Fund Manager Asia Frontier Capital

Sri Lanka’s Exports Hit Record US$1.38 Billion, but September Current Account Posts US$128 Million Deficit

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

BUSINESS

Hayleys Solar Inaugurates Two Kosgama Projects with Combined Capacity of 5 MW

Home Lands Showcases Sri Lankan Property Investment Opportunities in Ottawa

Sri Lanka Launches AgriConnect with US$665 Million in Investment Backing to Support Farmers and Agribusinesses

ECONOMY

CPC Raises Petrol and Diesel Prices; Lanka IOC Matches Two Fuel Rates

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

MARKETS

ASPI Falls 10.97% in Ten Months as October Wipes Rs. 441 Billion Off Market Value

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

NATION

Fuel Import Costs Up 50%, Limiting Price Relief Despite Rs. 57 Billion Subsidy Allocation: Minister

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

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

World

Oil Prices Rise After Reported US Strike on Iran’s Qeshm Island

Tucker Carlson Warns of Possible Nuclear Strike on Iran Within Days — Markets and Energy Supply at Risk.

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