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

Oct 24, 20263 weeks ago 2 min read

COLOMBO, October 24, 2026 — Colombo stocks ended the week in negative territory, with the All Share Price Index (ASPI) declining by 2.5% and the…

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

Oct 24, 20263 weeks ago 1 min read

COLOMBO, October 24, 2026 — All three generating units at the Norochcholai Coal Power Plant have been successfully reconnected to Sri Lanka’s national grid after…

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…

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…

MARKETS

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

October 11, 2026

COLOMBO, October 11, 2026 — Sri Lanka’s stock market ended…

WORLD

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

October 11, 2026

WASHINGTON, October 11, 2026 — US President Donald Trump has…

BIZ BREAKING

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

October 9, 2026

Minister Sunil Handunnetti, EDB Chairman Mangala Wijesinghe COLOMBO, October 9, 2026…

BIZ BREAKING

BUSINESS

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

Handunnetti Participates as National Sathosa Opens First Wholesale Outlet in Matara Following Revival

November 11, 2026

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

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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

JAT Holdings’ Revenue Rises 36% to Rs. 7.01 Billion as Foreign Operations More Than Double

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

Fitch Upgrades People’s Leasing, MBSL and CBC Finance; Outlooks Stable

ASPI Surges 478 Points as CSE Turnover Tops Rs. 2 Billion in First Hour

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

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

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

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

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

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Dialog Nine-Month Profit Jumps 92% to Rs. 28.5 Billion; Digital Investment Reaches Rs. 27.4 Billion

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HIPG and Al-Futtaim Logistics Explore Stronger Gulf Vehicle Links and Port Investment Opportunities

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

Handunnetti Participates as National Sathosa Opens First Wholesale Outlet in Matara Following Revival

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

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