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Sri Lanka Locks In 5% Inflation Target for Next Three Years

Oct 3, 20262 weeks ago 3 min read

Sri Lanka Locks In 5% Inflation Target for Next Three Years

COLOMBO, October 3, 2026 — Sri Lanka has formally locked in a 5% inflation target for the next three years, reinforcing price stability as the…

Pan Asia Bank’s Rs. 5 Billion Debenture Issue Oversubscribed on Strong Investor Demand

Oct 3, 20262 weeks ago 2 min read

Pan Asia Bank’s Rs. 5 Billion Debenture Issue Oversubscribed on Strong Investor Demand

B D A Perera, Chairman and Naleen Edirisinghe Director/CEO of Pan Asia Bank COLOMBO, October 3, 2026 — Pan Asia Banking Corporation PLC has secured…

Sri Lanka’s Tax Revenue Surpasses Rs. 2 Trillion in First Nine Months of 2026

Oct 3, 20262 weeks ago 2 min read

Sri Lanka’s Tax Revenue Surpasses Rs. 2 Trillion in First Nine Months of 2026

COLOMBO, October 3, 2026 — Sri Lanka’s Inland Revenue Department (IRD) collected more than Rs. 2.04 trillion in tax revenue during the first nine months…

Banking Strength Fails to Reverse CSE Slide as ASPI Falls 42 Points

Oct 3, 20262 weeks ago 4 min read

Banking Strength Fails to Reverse CSE Slide as ASPI Falls 42 Points

COLOMBO, October 3, 2026 — Strength in banking and financial counters failed to offset broader selling pressure at the Colombo Stock Exchange (CSE) yesterday, with…

Sri Lanka’s Unemployment Rate Rises to 4% in Q2 2026

Oct 3, 20262 weeks ago 1 min read

Sri Lanka’s Unemployment Rate Rises to 4% in Q2 2026

COLOMBO, October 3, 2026 — Sri Lanka’s unemployment rate increased to 4.0% in the second quarter of 2026, up from 3.8% during the corresponding quarter…

Rs. 3 Billion HLAB Fund Launched to Back Business Growth; First Capital Commits Rs. 300 Million

Rs. 3 Billion HLAB Fund Launched to Back Business Growth; First Capital Commits Rs. 300 Million

October 20, 2026

COLOMBO, October 20, 2026 — Hatch, Lankan Angel Network and BOV Capital have launched HLAB, a Rs. 3 billion investment…

Rs. 3 Billion HLAB Fund Launched to Back Business Growth; First Capital Commits Rs. 300 Million

October 20, 2026

COLOMBO, October 20, 2026 — Hatch, Lankan Angel Network and…

Central Bank Governor Highlights Policy Credibility and Price Stability at RBI Conference

October 20, 2026

COLOMBO, October 20, 2026 — Central Bank of Sri Lanka…

Vidullanka–David Pieris Solar Plant Adds 10 MW to Sri Lanka’s National Grid

October 20, 2026

COLOMBO, October 20, 2026 — Vidullanka PLC and David Pieris…

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BIZ BREAKING

Rs. 3 Billion HLAB Fund Launched to Back Business Growth; First Capital Commits Rs. 300 Million

Rs. 3 Billion HLAB Fund Launched to Back Business Growth; First Capital Commits Rs. 300 Million

October 20, 2026

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

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BUSINESS

Central Bank Governor Highlights Policy Credibility and Price Stability at RBI Conference

Central Bank Governor Highlights Policy Credibility and Price Stability at RBI Conference

October 20, 2026

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

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ECONOMY

Vidullanka–David Pieris Solar Plant Adds 10 MW to Sri Lanka’s National Grid

Vidullanka–David Pieris Solar Plant Adds 10 MW to Sri Lanka’s National Grid

October 20, 2026

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

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MARKETS

Colombo Stocks Close Lower as Key Shares Decline; Turnover Tops Rs. 680 Million

Colombo Stocks Close Lower as Key Shares Decline; Turnover Tops Rs. 680 Million

October 20, 2026

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

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NATION

China Merchants’ Exit from US$392 Million Colombo Logistics Project Raises Investment Concerns

China Merchants’ Exit from US$392 Million Colombo Logistics Project Raises Investment Concerns

October 20, 2026

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

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World

China’s Third-Quarter Growth Reaches 4.5%, Narrowly Beating Forecasts

China’s Third-Quarter Growth Reaches 4.5%, Narrowly Beating Forecasts

October 20, 2026

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

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BIZ BREAKING

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