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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…

ADB Approves US$100 Million to Expand Livelihood Support and Social Protection in Sri Lanka

Oct 22, 20263 weeks ago 2 min read

COLOMBO, October 22, 2026 — The Asian Development Bank (ADB) has approved US$100 million in financing to strengthen Sri Lanka’s social protection system, expand economic…

NDB Reports Rs. 7.7 Billion Nine-Month Profit After Fraud Charges; Q3 Earnings Reach Rs. 2.9 Billion

Oct 22, 20263 weeks ago 3 min read

COLOMBO, October 22, 2026 — National Development Bank PLC (NDB) reported a post-tax profit of Rs. 7.7 billion for the nine months ended September 30,…

Sri Lanka’s NCPI Inflation Steady at 8.1% in September as Food Prices Accelerate

Oct 22, 20263 weeks ago 1 min read

COLOMBO, October 22, 2026 — Sri Lanka’s headline inflation, measured by the National Consumer Price Index (NCPI), remained unchanged at 8.1% year-on-year in September 2026,…

BIZ BREAKING

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

November 9, 2026

COLOMBO, November 9, 2026 — The Joint Apparel Association Forum (JAAF) has welcomed the Government’s commitment to submit a fresh…

BUSINESS

Iran Offers Deal to Reopen Strait of Hormuz Within Seven Days, Raising Hopes for Oil Market Relief

September 26, 2026

NEW YORK, September 26, 2026 — Iran has offered the…

BIZ BREAKING

Sri Lanka to Exit IMF Programme in 2027 — What It Means for Businesses and Investors

September 26, 2026

COLOMBO, September 26, 2026 — Sri Lanka plans to complete…

NATION

Met Department Issues Amber Advisory Over High Waves Along Sri Lankan Coast

September 26, 2026

COLOMBO, September 26, 2026 — The Department of Meteorology has…

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

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

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Latest news

Sri Lanka stocks trend up on Monday

Sri Lanka stocks trend down midday Tuesday

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

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

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

ADB Approves US$100 Million to Expand Livelihood Support and Social Protection in Sri Lanka

NDB Reports Rs. 7.7 Billion Nine-Month Profit After Fraud Charges; Q3 Earnings Reach Rs. 2.9 Billion

Sri Lanka’s NCPI Inflation Steady at 8.1% in September as Food Prices Accelerate

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

Iran Offers Deal to Reopen Strait of Hormuz Within Seven Days, Raising Hopes for Oil Market Relief

Sri Lanka to Exit IMF Programme in 2027 — What It Means for Businesses and Investors

Met Department Issues Amber Advisory Over High Waves Along Sri Lankan Coast

BIZ BREAKING

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%

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

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

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

IMF Chief Warns AI Slowdown Could Complicate Central Banks’ Inflation Fight

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