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Rain to Continue Across Sri Lanka on October 23; Southwest Wet Weather Expected Until October 27

Oct 22, 20263 weeks ago 2 min read

COLOMBO, October 22, 2026 — Rain is expected across Sri Lanka throughout October 23, while wet weather in the southwestern parts of the country is…

Trump Says US Is Not Negotiating with Iran, Signals Developments ‘Fairly Soon’

Oct 22, 20263 weeks ago 2 min read

WASHINGTON, October 22, 2026 — US President Donald Trump said Washington is not negotiating with Iran and indicated that developments could come soon, as uncertainty…

Sri Lanka’s Tea Export Earnings Top US$1 Billion as Rupee Revenue Rises Despite Dollar Decline

Oct 21, 20263 weeks ago 3 min read

COLOMBO, October 21, 2026 — Sri Lanka earned approximately US$1.083 billion from tea exports during the first nine months of 2026, crossing the billion-dollar mark…

Access Engineering Expects Rs. 310 Million Company-Level Loss from Logistics Project Exit

Oct 21, 20263 weeks ago 2 min read

COLOMBO, October 21, 2026 — Access Engineering PLC expects to recognise a loss of approximately Rs. 310 million in its standalone company financial statements following…

Colombo Bourse Loses Rs. 324 Billion in October as ASPI Falls Below 20,000

Oct 21, 20263 weeks ago 2 min read

COLOMBO, October 21, 2026 — The Colombo Stock Exchange’s total market capitalisation has fallen by nearly Rs. 324 billion since the beginning of October, with…

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…

WORLD

Cathay Pacific Extends Middle East Passenger Flight Suspensions to January 2027

September 29, 2026

HONG KONG, September 28, 2026 — Cathay Pacific has extended…

MARKETS

CSE Slips Below 21,000 as Turnover Hits Year-to-Date Low

September 29, 2026

COLOMBO, September 28, 2026 — The Colombo Stock Exchange started…

BUSINESS

Electricity Tariff Cuts Remain Without Firm Timeline as Sri Lanka Expands Renewables

September 28, 2026

COLOMBO, September 28, 2026 — Sri Lanka’s Government has yet…

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

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

World

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

BIZ BREAKING

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Rain to Continue Across Sri Lanka on October 23; Southwest Wet Weather Expected Until October 27

Trump Says US Is Not Negotiating with Iran, Signals Developments ‘Fairly Soon’

Sri Lanka’s Tea Export Earnings Top US$1 Billion as Rupee Revenue Rises Despite Dollar Decline

Access Engineering Expects Rs. 310 Million Company-Level Loss from Logistics Project Exit

Colombo Bourse Loses Rs. 324 Billion in October as ASPI Falls Below 20,000

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Cathay Pacific Extends Middle East Passenger Flight Suspensions to January 2027

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

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

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

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MARKETS

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

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

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