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

Oct 17, 20262 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, 20262 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, 20262 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…

Oil Prices Hit $110 a Barrel as Middle East Tensions Raise Supply Concerns

Oct 17, 20262 weeks ago 5 min read

LONDON, October 17, 2026 — Global oil prices have climbed to their highest levels in months, with Brent crude touching $110 a barrel for the…

Sri Lanka Seeks EU Investment Under €300 Billion Global Gateway Initiative

Oct 16, 20263 weeks ago 3 min read

COLOMBO, October 16, 2026 — Sri Lanka has sought European Union (EU) investment to strengthen small and medium-sized enterprises (SMEs), develop startup incubators and expand…

BIZ BREAKING

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

November 2, 2026

COLOMBO, November 2, 2026 — Sri Lanka recorded its highest-ever monthly merchandise export earnings of US$1.377 billion in September 2026,…

NATION

Sri Lanka Plans Integrated Digital Database to Strengthen Praja Shakthi Poverty Eradication Programme

October 14, 2026

COLOMBO, October 14, 2026 — Sri Lanka is considering the…

WORLD

Apple Unveils HomeView Smart Home Hub With Upgraded Siri AI, Intensifying Tech Competition

October 14, 2026

CUPERTINO, October 14, 2026 — Apple has unveiled a new…

BIZ BREAKING

Cabinet Approves US$100 Million ADB Financing for Sri Lanka’s Water Sector Reforms

October 13, 2026

COLOMBO, October 13, 2026 — Sri Lanka’s Cabinet has approved…

BIZ BREAKING

BUSINESS

Home Lands Showcases Sri Lankan Property Investment Opportunities in Ottawa

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

Foreign Reserves Rise to USD 6,905 Million

Sri Lanka Central Bank buys US$579mn in August amid rupee appreciation

Sri Lanka stocks trend up Friday, Kotagala to absorb subsidiary

Sri Lanka rupee at 328.20/40 to US dollar spot, bond yields flat

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

Oil Prices Hit $110 a Barrel as Middle East Tensions Raise Supply Concerns

Sri Lanka Seeks EU Investment Under €300 Billion Global Gateway Initiative

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

Sri Lanka Plans Integrated Digital Database to Strengthen Praja Shakthi Poverty Eradication Programme

Apple Unveils HomeView Smart Home Hub With Upgraded Siri AI, Intensifying Tech Competition

Cabinet Approves US$100 Million ADB Financing for Sri Lanka’s Water Sector Reforms

BIZ BREAKING

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

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

BUSINESS

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

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

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