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Rs. 3 Billion HLAB Fund Launched to Back Business Growth; First Capital Commits Rs. 300 Million

Oct 20, 20262 weeks ago 3 min read

COLOMBO, October 20, 2026 — Hatch, Lankan Angel Network and BOV Capital have launched HLAB, a Rs. 3 billion investment fund aimed at supporting early…

Central Bank Governor Highlights Policy Credibility and Price Stability at RBI Conference

Oct 20, 20262 weeks ago 2 min read

COLOMBO, October 20, 2026 — Central Bank of Sri Lanka Governor Dr. P. Nandalal Weerasinghe has stressed the importance of institutional credibility, strong monetary policy…

Vidullanka–David Pieris Solar Plant Adds 10 MW to Sri Lanka’s National Grid

Oct 20, 20262 weeks ago 2 min read

COLOMBO, October 20, 2026 — Vidullanka PLC and David Pieris Motor Company have inaugurated a 10 MW solar power plant in Ranna, expanding Sri Lanka’s…

Colombo Stocks Close Lower as Key Shares Decline; Turnover Tops Rs. 680 Million

Oct 20, 20262 weeks ago 2 min read

COLOMBO, October 20, 2026 — Colombo stock market indices closed lower as price declines in Dialog Axiata, Hatton National Bank and Hemas Holdings weighed on…

China Merchants’ Exit from US$392 Million Colombo Logistics Project Raises Investment Concerns

Oct 20, 20262 weeks ago 4 min read

COLOMBO, October 20, 2026 — China Merchants Port Holdings’ withdrawal from a US$392 million logistics development at the Port of Colombo has raised concerns over…

BIZ BREAKING

Port City Colombo FinTech Dialogue Calls for Two-Year Growth Roadmap

November 6, 2026

COLOMBO, November 6, 2026 — A high-level dialogue at Port City Colombo has highlighted the need for a two-year actionable…

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…

BUSINESS

Export Manufacturers Can Access TIEP Tax Concessions Through Industry Ministry: Handunnetti

ECONOMY

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

MARKETS

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

NATION

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

World

Nasdaq 100 Loses US$2.5 Trillion as Democrat Election Gains Deepen AI Investment Fears

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

Rs. 3 Billion HLAB Fund Launched to Back Business Growth; First Capital Commits Rs. 300 Million

Central Bank Governor Highlights Policy Credibility and Price Stability at RBI Conference

Vidullanka–David Pieris Solar Plant Adds 10 MW to Sri Lanka’s National Grid

Colombo Stocks Close Lower as Key Shares Decline; Turnover Tops Rs. 680 Million

China Merchants’ Exit from US$392 Million Colombo Logistics Project Raises Investment Concerns

Port City Colombo FinTech Dialogue Calls for Two-Year Growth Roadmap

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

Port City Colombo FinTech Dialogue Calls for Two-Year Growth Roadmap

Plantation Sector Calls for Longer Leases and Investment Reforms as Costs Rise and Output Falls

ASPI Surges 478 Points as CSE Turnover Tops Rs. 2 Billion in First Hour

BUSINESS

Export Manufacturers Can Access TIEP Tax Concessions Through Industry Ministry: Handunnetti

Hemas H1 Revenue Rises 9.5% to Rs. 66.6 Billion as Strong Q2 Restores EBITDA Growth

JAT Holdings’ Revenue Rises 36% to Rs. 7.01 Billion as Foreign Operations More Than Double

ECONOMY

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

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

MARKETS

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

Colombo Stocks Rise as Dialog, Overseas Realty and Hayleys Lead Gains; Turnover Tops Rs. 1.5 Billion

NATION

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

Fitch Upgrades People’s Leasing, MBSL and CBC Finance; Outlooks Stable

Cabinet Approves Rs. 3.33 Billion to Restore Cyclone-Damaged Roads

World

Nasdaq 100 Loses US$2.5 Trillion as Democrat Election Gains Deepen AI Investment Fears

‘Next Barack Obama’ Emerges as Clear Frontrunner for 2028 US Presidential Race

Laurini Officine Meccaniche Unveils 150-Ton Demolition Giant with 50-Meter Reach at World Demolition Summit in Madrid