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Brent Crude Hits Five-Month High of US$113.17 as Houthi Attacks Raise Supply Fears

Oct 23, 20263 weeks ago 2 min read

COLOMBO, October 23, 2026 — Global oil prices rose sharply on Thursday, with Brent crude reaching a five-month closing high as Houthi attacks in Saudi…

Hayleys Solar Launches 24/7 Operations Centre to Monitor Renewable Energy Assets

Oct 23, 20263 weeks ago 3 min read

COLOMBO, October 23, 2026 — Hayleys Solar has introduced a dedicated 24-hour Renewable Energy Operations Centre (ROC), bringing renewable energy assets onto a centralised digital…

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…

BIZ BREAKING

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

November 11, 2026

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

WORLD

More Than 60 Armed Conflicts Push World Into Dangerous Territory

September 8, 2026

United Nations High Commissioner for Human Rights Volker Türk has…

WORLD

Handful of Men Have Almost Unlimited Power Over AI : UN Rights Chief

September 8, 2026

United Nations High Commissioner for Human Rights Volker Türk has…

WORLD

Panama Canal May Slash Ship Traffic Further as Powerful El Niño Intensifies

September 8, 2026

Panama could impose further restrictions on ship traffic through the…

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

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

NATION

CBSL Clarifies EY Remains Eligible to Audit Licensed Banks

November 11, 2026

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

November 11, 2026

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

November 9, 2026

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World

Nvidia Falls Nearly 7.5% at Open, Erasing US$335 Billion Before Paring Losses

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Latest news

Rs. 12 Billion Hospital Complex Planned for Dambulla to Ease Overcrowding

CSE Ends Week on Positive Note as Banking Stocks Lift Daily Indices Despite Weekly Losses

Trump Calls for Zelenskiy’s Replacement as US-Russia Diesel Deal Deepens Ukraine Rift

EDB Appoints 24 Export Advisory Committees to Drive Sri Lanka’s US$36 Billion Export Target

Brent Crude Hits Five-Month High of US$113.17 as Houthi Attacks Raise Supply Fears

Hayleys Solar Launches 24/7 Operations Centre to Monitor Renewable Energy Assets

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

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

More Than 60 Armed Conflicts Push World Into Dangerous Territory

Handful of Men Have Almost Unlimited Power Over AI : UN Rights Chief

Panama Canal May Slash Ship Traffic Further as Powerful El Niño Intensifies

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

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

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

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

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

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

World

Nvidia Falls Nearly 7.5% at Open, Erasing US$335 Billion Before Paring Losses

Oil Plunges More Than US$7 as Trump Signals Restraint on Iran Strikes

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