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Stocks Slip as Rising Oil, Inflation Risks and Geopolitical Tensions Rattle Markets

September 8, 2026

Sri Lanka hosts 11 Asian nations to showcase JICA-backed farming success

September 8, 2026

ComBank takes Q+ digital payments drive to Jaffna ahead of Nallur Festival

September 8, 2026

Sri Lanka, Japan step up efforts to address investor concerns and develop export-oriented industrial corridor

September 8, 2026

Sri Lanka’s Exports Reach US$13.6 Billion in Nine Months as September Sets Monthly Record

Oct 27, 20263 weeks ago 2 min read

COLOMBO, October 27, 2026 — Sri Lanka’s total export earnings reached US$13.612 billion during the first nine months of 2026, supported by a record monthly…

Bolsonaro’s Party Recognises Lula Victory as Trump Questions Brazil Election Without Evidence

Oct 27, 20263 weeks ago 3 min read

BRASÍLIA, October 27, 2026 — The Liberal Party of defeated Brazilian presidential candidate Flávio Bolsonaro has recognised Luiz Inácio Lula da Silva’s runoff victory, even…

Sri Lanka Navy Officer Honoured for Near-Perfect GPA and Awards at US Naval Postgraduate School

Oct 27, 20263 weeks ago 2 min read

COLOMBO, October 27, 2026 — Sri Lanka Navy Lieutenant Commander Piyumi Kathriarachchi has been recognised for graduating with honours from the US Naval Postgraduate School,…

Lanka IOC and Sinopec Raise Octane 95 Petrol Prices by Rs. 20 to Rs. 495

Oct 26, 20263 weeks ago 1 min read

COLOMBO, October 26, 2026 — Lanka IOC and Sinopec have increased their Octane 95 petrol prices by Rs. 20 per litre, bringing the revised selling…

Sri Lankan Pharmaceutical Firms Explore Export and Technology Partnerships at CPHI Milan

Oct 26, 20263 weeks ago 3 min read

COLOMBO, October 26, 2026 — Five Sri Lankan pharmaceutical manufacturers participated in an exposure visit to CPHI Worldwide 2026 in Milan, seeking export opportunities, technology…

BIZ BREAKING

Budget 2027 Targets Rs. 6.18 Trillion in Revenue and Grants, Deficit at 4.5% of GDP

November 13, 2026

COLOMBO, November 13, 2026 — Sri Lanka’s 2027 Budget estimates total government revenue and grants at Rs. 6,180 billion, with…

BUSINESS

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

October 22, 2026

COLOMBO, October 22, 2026 — National Development Bank PLC (NDB)…

ECONOMY

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

October 22, 2026

COLOMBO, October 22, 2026 — Sri Lanka’s headline inflation, measured…

MARKETS

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

October 22, 2026

COLOMBO, October 22, 2026 — Colombo stock market indices ended…

BIZ BREAKING

BUSINESS

Hayleys Reports US$1 Billion First-Half Revenue Milestone as Pre-Tax Profit Rises 49%

ECONOMY

SEC Welcomes Budget 2027 Measures to Broaden Capital Market Access for Students and SMEs

MARKETS

Colombo Stocks Fall After Budget Presentation; ASPI Drops 133 Points

NATION

Opposition Launches oversight.lk to Track Government Budget Performance

World

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

BIZ BREAKING

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Latest news

Stocks Slip as Rising Oil, Inflation Risks and Geopolitical Tensions Rattle Markets

Sri Lanka hosts 11 Asian nations to showcase JICA-backed farming success

ComBank takes Q+ digital payments drive to Jaffna ahead of Nallur Festival

Sri Lanka, Japan step up efforts to address investor concerns and develop export-oriented industrial corridor

Sri Lanka’s Exports Reach US$13.6 Billion in Nine Months as September Sets Monthly Record

Bolsonaro’s Party Recognises Lula Victory as Trump Questions Brazil Election Without Evidence

Sri Lanka Navy Officer Honoured for Near-Perfect GPA and Awards at US Naval Postgraduate School

Lanka IOC and Sinopec Raise Octane 95 Petrol Prices by Rs. 20 to Rs. 495

Sri Lankan Pharmaceutical Firms Explore Export and Technology Partnerships at CPHI Milan

Budget 2027 Targets Rs. 6.18 Trillion in Revenue and Grants, Deficit at 4.5% of GDP

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

BIZ BREAKING

Budget 2027 Targets Rs. 6.18 Trillion in Revenue and Grants, Deficit at 4.5% of GDP

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

BUSINESS

Hayleys Reports US$1 Billion First-Half Revenue Milestone as Pre-Tax Profit Rises 49%

ComBank Group Nine-Month Income Rises 18.9% to Rs. 318.8 Billion; Profit Reaches Rs. 52.2 Billion

Sri Lankan Fruit Experts and Chinese Entrepreneurs Explore Agricultural Cooperation

ECONOMY

SEC Welcomes Budget 2027 Measures to Broaden Capital Market Access for Students and SMEs

President to Present 2027 Budget Today with Rs. 4.99 Trillion in Proposed Expenditure

Sri Lanka’s Remittances Reach US$735.6 Million in October; Ten-Month Inflows Top US$7.6 Billion

MARKETS

Colombo Stocks Fall After Budget Presentation; ASPI Drops 133 Points

Colombo Stocks Close Higher as Turnover Tops Rs. 3 Billion

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

NATION

Opposition Launches oversight.lk to Track Government Budget Performance

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

CBSL Clarifies EY Remains Eligible to Audit Licensed Banks

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