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Sri Lanka Courts Investors With Renewable Energy, Port Expansion and Rs. 2 Trillion Capital Spending Plan

Oct 14, 20262 weeks ago 7 min read

COLOMBO, October 14, 2026 — President Anura Kumara Dissanayake has outlined an investment-led economic strategy centred on renewable energy, port infrastructure, rural enterprise development and…

CSE Extends Losses as Dialog, Commercial Bank and HNB Weigh on Indices

Oct 14, 20262 weeks ago 2 min read

COLOMBO, October 14, 2026 — Sri Lanka’s stock market closed lower, with losses in heavyweight counters including Dialog Axiata, Commercial Bank and Hatton National Bank…

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

Oct 14, 20262 weeks ago 3 min read

COLOMBO, October 14, 2026 — Sri Lanka is considering the development of an integrated digital database to identify rural development needs and improve the implementation…

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

Oct 14, 20262 weeks ago 4 min read

CUPERTINO, October 14, 2026 — Apple has unveiled a new range of smart home devices led by HomeView, a $299 touchscreen hub powered by an…

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

Oct 13, 20262 weeks ago 3 min read

COLOMBO, October 13, 2026 — Sri Lanka’s Cabinet has approved a US$100 million policy-based financing facility from the Asian Development Bank (ADB) to advance the…

BIZ BREAKING

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

October 30, 2026

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

WORLD

Petrol-Only Vehicles Fall Below 50% of Global Auto Market for First Time

October 15, 2026

TOKYO, October 15, 2026 — Petrol-only vehicles accounted for less…

BIZ BREAKING

Oil Prices Surge as Iran’s New Hormuz Tactics Raise Global Supply Fears

October 14, 2026

COLOMBO, October 14, 2026 — Global oil prices climbed on…

BUSINESS

Sri Lanka Takes EXPO 2027 Investment and Export Opportunities to Thai Business Community

October 14, 2026

BANGKOK, October 14, 2026 — Sri Lanka is stepping up…

BIZ BREAKING

BUSINESS

ECONOMY

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

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

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

BIZ BREAKING

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Latest news

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

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

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

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

Sri Lanka Courts Investors With Renewable Energy, Port Expansion and Rs. 2 Trillion Capital Spending Plan

CSE Extends Losses as Dialog, Commercial Bank and HNB Weigh on Indices

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

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

Petrol-Only Vehicles Fall Below 50% of Global Auto Market for First Time

Oil Prices Surge as Iran’s New Hormuz Tactics Raise Global Supply Fears

Sri Lanka Takes EXPO 2027 Investment and Export Opportunities to Thai Business Community

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

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

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

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

President Orders Faster Completion of Katunayake Airport Capacity Expansion Projects

World

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

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

Bolsonaro’s Party Recognises Lula Victory as Trump Questions Brazil Election Without Evidence