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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…

Sri Lanka–Vietnam Business Council Targets US$ 1 Billion Bilateral Trade by 2030

Oct 16, 20263 weeks ago 6 min read

COLOMBO, October 16, 2026 — The Ceylon Chamber of Commerce has launched the Sri Lanka–Vietnam Business Council to strengthen bilateral trade, investment and tourism ties,…

Hambantota Port Handles Over 167,000 Vehicle Deliveries Amid Import Demand

Oct 16, 20263 weeks ago 3 min read

HAMBANTOTA, October 16, 2026 — Hambantota International Port (HIP) handled 167,569 vehicle deliveries between March 2025 and September 2026, highlighting its role in Sri Lanka’s…

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

Oct 16, 20263 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, 20263 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)…

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

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

October 29, 2026

COLOMBO, October 29, 2026 — The Central Bank of Sri…

WORLD

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

October 29, 2026

MUMBAI, October 29, 2026 — Mukesh Ambani’s Reliance Jio Platforms…

BIZ BREAKING

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

October 28, 2026

COLOMBO, October 28, 2026 — Sri Lanka’s third mutual evaluation…

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

BOI Accelerates Northern Province Investment Drive with Two New Export Processing Zones

CSE and Commercial Bank Join Forces to Expand Capital Market Access for Sri Lankan Businesses

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2027 Appropriation Bill Presented to Parliament as Budget Process Begins

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

Sri Lanka–Vietnam Business Council Targets US$ 1 Billion Bilateral Trade by 2030

Hambantota Port Handles Over 167,000 Vehicle Deliveries Amid Import Demand

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

CSE Indices Close Higher as Turnover Exceeds Rs. 1.5 Billion

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

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

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

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

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