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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

Norochcholai’s Second Generating Unit Shut for Maintenance; No Power Disruptions Expected

Oct 26, 20262 weeks ago 1 min read

COLOMBO, October 26, 2026 — The second generating unit at the Lakvijaya Coal Power Plant in Norochcholai has been taken offline for maintenance and repairs,…

Lula Wins Brazil’s Presidential Runoff to Secure Fourth Term

Oct 26, 20262 weeks ago 1 min read

BRASÍLIA, October 26, 2026 — Brazilian President Luiz Inácio Lula da Silva has won reelection, defeating right-wing Senator Flávio Bolsonaro in a presidential runoff, according…

Sri Lankan Firms Explore Maldives Hospitality Market at Hotel Asia 2026

Oct 24, 20263 weeks ago 2 min read

COLOMBO, October 24, 2026 — Sri Lankan companies showcased hospitality products and services at Hotel Asia 2026 in the Maldives, seeking new buyers, business partnerships…

Colombo Stocks End Week Lower as ASPI Loses 2.5%; Daily Turnover Averages Rs. 972 Million

Oct 24, 20263 weeks ago 2 min read

COLOMBO, October 24, 2026 — Colombo stocks ended the week in negative territory, with the All Share Price Index (ASPI) declining by 2.5% and the…

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

Oct 24, 20263 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…

BIZ BREAKING

President Reviews Final 2027 Budget Proposals, Pledges Wider Benefits from Economic Stability

COLOMBO, November 11, 2026 — President Anura Kumara Dissanayake has reviewed the final proposals for the 2027 Budget, saying it…

BIZ BREAKING

Fuel Subsidy, Vehicle Import Surcharge Shield Economy from Stronger Inflation Pressure – CBSL Governor

October 1, 2026

COLOMBO, October 1, 2026 — Sri Lanka’s fuel subsidy and…

BUSINESS

Port City Colombo Steps Up Gulf Investment Drive Across UAE, Oman and Qatar

October 1, 2026

ABU DHABI, October 1, 2026 — Port City Colombo is…

ECONOMY

Fuel Prices Rise as New Rates Take Effect Across Sri Lanka

October 1, 2026

COLOMBO, October 1, 2026 — Revised fuel prices have come…

BIZ BREAKING

President Reviews Final 2027 Budget Proposals, Pledges Wider Benefits from Economic Stability

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

November 10, 2026

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

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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

November 8, 2026

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

November 7, 2026

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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

November 8, 2026

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

November 4, 2026

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MARKETS

ASPI Surges 592 Points Above 22,000 as CSE Turnover Hits Rs. 7.95 Billion

November 10, 2026

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

November 7, 2026

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

November 6, 2026

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NATION

CBSL Clarifies EY Remains Eligible to Audit Licensed Banks

Industry Minister raises performance-based reward scheme with President as productivity competition returns after five-year gap

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