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Govt Opens Rs. 95 Billion Financing Push for Businesses in Record Credit Drive

Oct 2, 20263 weeks ago 3 min read

Govt Opens Rs. 95 Billion Financing Push for Businesses in Record Credit Drive

COLOMBO, October 2, 2026 — Sri Lankan businesses are set to gain access to a record Rs. 95 billion in concessionary financing in 2026, with…

ADB Approves $100 Million Loan to Strengthen Sri Lanka’s Skills and Youth Employment

Oct 2, 20263 weeks ago 3 min read

ADB Approves $100 Million Loan to Strengthen Sri Lanka’s Skills and Youth Employment

COLOMBO, October 2, 2026 — The Asian Development Bank (ADB) has approved a $100 million results-based loan to support Sri Lanka’s efforts to modernise its…

Sri Lanka Plans Simpler Tax System, Customs Levies to Be Phased Out From 2027

Oct 2, 20263 weeks ago 3 min read

Sri Lanka Plans Simpler Tax System, Customs Levies to Be Phased Out From 2027

COLOMBO, October 2, 2026 — The government plans to introduce a simplified tax framework from 2027, including the gradual removal of additional levies imposed alongside…

Rs. 22 Billion Uma Oya Development Project to Benefit 5,000 Families

Oct 2, 20263 weeks ago 2 min read

Rs. 22 Billion Uma Oya Development Project to Benefit 5,000 Families

COLOMBO, October 2, 2026 — A Rs. 22.017 billion development project aimed at strengthening irrigation and water security in Monaragala is expected to benefit approximately…

CSE Snaps Six-Session Losing Streak as Buying Interest Improves

Oct 2, 20263 weeks ago 3 min read

CSE Snaps Six-Session Losing Streak as Buying Interest Improves

COLOMBO, October 2, 2026 — The Colombo Stock Exchange snapped a six-session losing streak on Thursday, with both benchmark indices closing higher as buying interest…

Sri Lanka’s 2027 Budget Expenditure Set to Rise 12.6% to Rs. 4.99 Trillion

Sri Lanka’s 2027 Budget Expenditure Set to Rise 12.6% to Rs. 4.99 Trillion

October 19, 2026

COLOMBO, October 19, 2026 — Sri Lanka’s total government expenditure is projected to increase by 12.6% to Rs. 4.993 trillion…

Sri Lanka’s AML Reforms Put Investor Confidence and International Banking Access in Focus

October 18, 2026

COLOMBO, October 18, 2026 — Sri Lanka’s efforts to strengthen…

Litro Gas Shipment Carrying 3,900 MT of LPG Scheduled to Arrive Today

October 18, 2026

COLOMBO, October 18, 2026 — Litro Gas Lanka Limited is…

Trump to Take Up to 60 Days to Review Russia Sanctions, Rubio Says

October 18, 2026

WASHINGTON, October 18, 2026 — US President Donald Trump will…

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BIZ BREAKING

Sri Lanka’s 2027 Budget Expenditure Set to Rise 12.6% to Rs. 4.99 Trillion

Sri Lanka’s 2027 Budget Expenditure Set to Rise 12.6% to Rs. 4.99 Trillion

October 19, 2026

IMF Signals Continued Support for Sri Lanka Beyond March 2027 Programme Expiry

IMF Signals Continued Support for Sri Lanka Beyond March 2027 Programme Expiry

October 17, 2026

Sri Lanka Seeks EU Investment Under €300 Billion Global Gateway Initiative

Sri Lanka Seeks EU Investment Under €300 Billion Global Gateway Initiative

October 16, 2026

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BUSINESS

SANKEN GEN Established as Independent International Group Following Five Decades of Construction Delivery Across Three Continents

SANKEN GEN Established as Independent International Group Following Five Decades of Construction Delivery Across Three Continents

October 19, 2026

Sri Lanka’s AML Reforms Put Investor Confidence and International Banking Access in Focus

Sri Lanka’s AML Reforms Put Investor Confidence and International Banking Access in Focus

October 18, 2026

Prime Lands and Melwa Join Hands for Mixed-Use Development in Port City Colombo

Prime Lands and Melwa Join Hands for Mixed-Use Development in Port City Colombo

October 17, 2026

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ECONOMY

Litro Gas Shipment Carrying 3,900 MT of LPG Scheduled to Arrive Today

Litro Gas Shipment Carrying 3,900 MT of LPG Scheduled to Arrive Today

October 18, 2026

Colombo Port Handles US$30 Billion in U.S.-Related Cargo Annually

Colombo Port Handles US$30 Billion in U.S.-Related Cargo Annually

October 17, 2026

Hambantota Port Handles Over 167,000 Vehicle Deliveries Amid Import Demand

Hambantota Port Handles Over 167,000 Vehicle Deliveries Amid Import Demand

October 16, 2026

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MARKETS

CSE Closes Higher as Dialog Axiata, Distilleries Lead Gains; Weekly Indices Remain Lower

CSE Closes Higher as Dialog Axiata, Distilleries Lead Gains; Weekly Indices Remain Lower

October 17, 2026

CSE Indices Close Higher as Turnover Exceeds Rs. 1.5 Billion

CSE Indices Close Higher as Turnover Exceeds Rs. 1.5 Billion

October 16, 2026

CSE Closes in Red as Dialog Axiata and Key Counters Weigh on Indices

CSE Closes in Red as Dialog Axiata and Key Counters Weigh on Indices

October 15, 2026

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NATION

Sri Lanka Records US$2.24 Billion in Tourism Earnings in First Nine Months

Sri Lanka Records US$2.24 Billion in Tourism Earnings in First Nine Months

October 19, 2026

Sri Lanka and Japan Advance Industrial Corridor Plan During Industry Minister’s Tokyo Visit

Sri Lanka and Japan Advance Industrial Corridor Plan During Industry Minister’s Tokyo Visit

October 17, 2026

Rs. 3.09 Billion Surgical Ward Complex Planned for Tangalle Hospital

Rs. 3.09 Billion Surgical Ward Complex Planned for Tangalle Hospital

October 17, 2026

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World

Trump to Take Up to 60 Days to Review Russia Sanctions, Rubio Says

Trump to Take Up to 60 Days to Review Russia Sanctions, Rubio Says

October 18, 2026

Oil Prices Hit $110 a Barrel as Middle East Tensions Raise Supply Concerns

Oil Prices Hit $110 a Barrel as Middle East Tensions Raise Supply Concerns

October 17, 2026

Tesla Unveils Flying Roadster, Claims Sub-One-Second 0–60 MPH Acceleration

Tesla Unveils Flying Roadster, Claims Sub-One-Second 0–60 MPH Acceleration

October 16, 2026

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BIZ BREAKING

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