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Colombo Stocks Close Lower as Crossings Drive Turnover Above Rs. 1.5 Billion

Oct 22, 20263 weeks ago 2 min read

COLOMBO, October 22, 2026 — Colombo stock market indices ended lower as price declines in Commercial Bank, Carson Cumberbatch and Hayleys weighed on the All…

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…

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…

BUSINESS

Sri Lanka’s Exports Cross US$12 Billion in First Eight Months of 2026

September 23, 2026

COLOMBO, September 23, 2026 — Sri Lanka’s total exports surpassed…

WORLD

Trump Threatens Iran With Destruction as Diplomats Push for Deal at UN

September 23, 2026

NEW YORK, September 23, 2026 — US President Donald Trump…

BIZ BREAKING

IMF Urges Sri Lanka to Accelerate Reforms Amid Rising External Risks

September 23, 2026

COLOMBO, September 23, 2026 — The International Monetary Fund (IMF)…

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

World

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

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Latest news

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Colombo Stocks Close Lower as Crossings Drive Turnover Above Rs. 1.5 Billion

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

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

Sri Lanka’s Exports Cross US$12 Billion in First Eight Months of 2026

Trump Threatens Iran With Destruction as Diplomats Push for Deal at UN

IMF Urges Sri Lanka to Accelerate Reforms Amid Rising External Risks

BIZ BREAKING

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

Sri Lanka’s Official Reserves Top US$7 Billion in October, Rising 3.2%

Port City Colombo FinTech Dialogue Calls for Two-Year Growth Roadmap

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

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

Colombo Stocks Close Higher as Banking Gains Lift Turnover Above Rs. 3.9 Billion

NATION

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

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

Port City Colombo Holds First India Investor Forum to Strengthen Bilateral Economic Ties

World

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

IMF Chief Warns AI Slowdown Could Complicate Central Banks’ Inflation Fight

Nasdaq 100 Loses US$2.5 Trillion as Democrat Election Gains Deepen AI Investment Fears