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NDB Reports Rs. 7.7 Billion Nine-Month Profit After Fraud Charges; Q3 Earnings Reach Rs. 2.9 Billion

Oct 22, 20263 weeks ago 3 min read

COLOMBO, October 22, 2026 — National Development Bank PLC (NDB) reported a post-tax profit of Rs. 7.7 billion for the nine months ended September 30,…

Sri Lanka’s NCPI Inflation Steady at 8.1% in September as Food Prices Accelerate

Oct 22, 20263 weeks ago 1 min read

COLOMBO, October 22, 2026 — Sri Lanka’s headline inflation, measured by the National Consumer Price Index (NCPI), remained unchanged at 8.1% year-on-year in September 2026,…

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…

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 Lankan Firms Explore Maldives Hospitality Market at Hotel Asia 2026

October 24, 2026

COLOMBO, October 24, 2026 — Sri Lankan companies showcased hospitality…

MARKETS

Colombo Stocks End Week Lower as ASPI Loses 2.5%; Daily Turnover Averages Rs. 972 Million

October 24, 2026

COLOMBO, October 24, 2026 — Colombo stocks ended the week…

NATION

All Three Norochcholai Units Reconnected to National Grid Following October 17 Outage

October 24, 2026

COLOMBO, October 24, 2026 — All three generating units at…

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

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

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Latest news

Sri Lanka stocks trend up Friday, Kotagala to absorb subsidiary

Sri Lanka rupee at 328.20/40 to US dollar spot, bond yields flat

Sri Lanka stocks trend up on Monday

Sri Lanka stocks trend down midday Tuesday

NDB Reports Rs. 7.7 Billion Nine-Month Profit After Fraud Charges; Q3 Earnings Reach Rs. 2.9 Billion

Sri Lanka’s NCPI Inflation Steady at 8.1% in September as Food Prices Accelerate

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’

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

Sri Lankan Firms Explore Maldives Hospitality Market at Hotel Asia 2026

Colombo Stocks End Week Lower as ASPI Loses 2.5%; Daily Turnover Averages Rs. 972 Million

All Three Norochcholai Units Reconnected to National Grid Following October 17 Outage

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

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