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All Three Norochcholai Units Reconnected to National Grid Following October 17 Outage

Oct 24, 20262 weeks ago 1 min read

COLOMBO, October 24, 2026 — All three generating units at the Norochcholai Coal Power Plant have been successfully reconnected to Sri Lanka’s national grid after…

Brent Crude Hits Five-Month High of US$113.17 as Houthi Attacks Raise Supply Fears

Oct 23, 20263 weeks ago 2 min read

COLOMBO, October 23, 2026 — Global oil prices rose sharply on Thursday, with Brent crude reaching a five-month closing high as Houthi attacks in Saudi…

Hayleys Solar Launches 24/7 Operations Centre to Monitor Renewable Energy Assets

Oct 23, 20263 weeks ago 3 min read

COLOMBO, October 23, 2026 — Hayleys Solar has introduced a dedicated 24-hour Renewable Energy Operations Centre (ROC), bringing renewable energy assets onto a centralised digital…

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

Oct 23, 20263 weeks ago 4 min read

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, 20263 weeks ago 2 min read

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

BIZ BREAKING

CBSL Bars EY Audit Partners from Banking Audits Following Rs. 13.6 Billion NDB Fraud

November 10, 2026

COLOMBO, November 10, 2026 — The Central Bank of Sri Lanka has barred the Ernst & Young partners responsible for…

MARKETS

Stocks Slip as Rising Oil, Inflation Risks and Geopolitical Tensions Rattle Markets

September 8, 2026

Global stocks edged lower on Monday as surging oil prices,…

BUSINESS

Sri Lanka hosts 11 Asian nations to showcase JICA-backed farming success

September 8, 2026

The Japan International Cooperation Agency (JICA) and the Agriculture Department…

BUSINESS

ComBank takes Q+ digital payments drive to Jaffna ahead of Nallur Festival

September 8, 2026

Canvasses more than 350 merchants and activates cashback campaign with…

BIZ BREAKING

BUSINESS

Fitch Upgrades Commercial Bank to ‘AA(lka)’ Following National Rating Scale Recalibration

ECONOMY

Sri Lanka’s Remittances Reach US$735.6 Million in October; Ten-Month Inflows Top US$7.6 Billion

MARKETS

Colombo Stocks End Week Higher as ASPI Gains 5.4%; Daily Turnover Averages Rs. 3 Billion

NATION

World

Nvidia Falls Nearly 7.5% at Open, Erasing US$335 Billion Before Paring Losses

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Latest news

Trump Rules Out US Attack on Iran Before November Midterm Elections

CBSL Survey Tracks Financial Sector Risks and Confidence in Sri Lanka’s Financial System

Prime Expands Sri Lankan Real Estate’s Global Reach, Driving FDI and Foreign Currency Inflows

Sri Lanka’s Official Reserve Assets Fall 1.1% to US$6.85 Billion in September

All Three Norochcholai Units Reconnected to National Grid Following October 17 Outage

Brent Crude Hits Five-Month High of US$113.17 as Houthi Attacks Raise Supply Fears

Hayleys Solar Launches 24/7 Operations Centre to Monitor Renewable Energy Assets

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

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

CBSL Bars EY Audit Partners from Banking Audits Following Rs. 13.6 Billion NDB Fraud

Stocks Slip as Rising Oil, Inflation Risks and Geopolitical Tensions Rattle Markets

Sri Lanka hosts 11 Asian nations to showcase JICA-backed farming success

ComBank takes Q+ digital payments drive to Jaffna ahead of Nallur Festival

BIZ BREAKING

CBSL Bars EY Audit Partners from Banking Audits Following Rs. 13.6 Billion NDB Fraud

JAAF Backs Fresh GSP+ Application to Protect Sri Lanka’s EU Market Access

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

BUSINESS

Fitch Upgrades Commercial Bank to ‘AA(lka)’ Following National Rating Scale Recalibration

HIPG and Al-Futtaim Logistics Explore Stronger Gulf Vehicle Links and Port Investment Opportunities

John Keells Forum Explores Property and Equity Investment Strategies for Long-Term Wealth

ECONOMY

Sri Lanka’s Remittances Reach US$735.6 Million in October; Ten-Month Inflows Top US$7.6 Billion

Higher Wages, Lower Living Standards: Sri Lanka’s Real Take-Home Pay, 2017–2026

LAUGFS Seeks Temporary Hambantota Terminal Access as Three LPG Shipments Due in November

MARKETS

Colombo Stocks End Week Higher as ASPI Gains 5.4%; Daily Turnover Averages Rs. 3 Billion

EPF Equity Portfolio Valued at Rs. 204.94 Billion, More Than Double Investment Cost

Colombo Stocks Close Higher as Banking Gains Lift Turnover Above Rs. 3.9 Billion

NATION

EDB Recognises Sri Lanka Expo 2027 Partners Ahead of Major International Trade Exhibition

Passenger Drone Test Flights Begin at Colombo Port City Ahead of November 11 Demonstration

Port City Colombo Holds First India Investor Forum to Strengthen Bilateral Economic Ties

World

Nvidia Falls Nearly 7.5% at Open, Erasing US$335 Billion Before Paring Losses

Oil Plunges More Than US$7 as Trump Signals Restraint on Iran Strikes

China Extends Suspension of 24% Additional Tariff on US Goods for Two Months