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Cabinet Approves US$100 Million ADB Financing for Sri Lanka’s Water Sector Reforms

Oct 13, 20263 weeks ago 3 min read

COLOMBO, October 13, 2026 — Sri Lanka’s Cabinet has approved a US$100 million policy-based financing facility from the Asian Development Bank (ADB) to advance the…

Dipped Products Opens Rs. 4.2 Billion Glove Manufacturing Plant in Katunayake EPZ

Oct 13, 20263 weeks ago 2 min read

KATUNAYAKE, October 13, 2026 — Dipped Products PLC (DPL), the Hayleys Group’s glove manufacturing business, has commenced operations at a new Rs. 4.2 billion manufacturing…

MF Projects Sri Lanka’s Economic Growth to Moderate to 3.7% in 2027

Oct 13, 20263 weeks ago 3 min read

COLOMBO, October 13, 2026 — Sri Lanka’s economic growth is projected to ease to 3.7% in 2027 from an estimated 4% in 2026, according to…

CSE Closes in Red as Hemas, LOLC Holdings and Cargills Weigh on Market Sentiment

Oct 13, 20263 weeks ago 3 min read

COLOMBO, October 13, 2026 — Sri Lanka’s stock market closed lower as selling pressure on heavyweight counters, including Hemas Holdings, LOLC Holdings and Cargills, dragged…

Sri Lanka to Provide Rs. 6,000 Stationery Allowance to 1.5 Million Students in 2027

Oct 13, 20263 weeks ago 3 min read

COLOMBO, October 13, 2026 — The Government has approved the continuation of its school stationery assistance programme for 2027, providing Rs. 6,000 each to 1.5…

BIZ BREAKING

Fitch Upgrades BOC, People’s Bank and Commercial Bank; Downgrades Cargills Bank

October 31, 2026

COLOMBO, October 31, 2026 — Fitch Ratings has upgraded the National Long-Term Ratings of Bank of Ceylon, People’s Bank and…

NATION

Deputy Minister rejects claims of shifting tax terms at Port City after investor backlash

September 8, 2026

Industry and Entrepreneurship Development Deputy Minister Chathuranga Abeysinghe was drawn…

NATION

President expects favourable SC ruling on controversial 22nd Amendment

September 8, 2026

President Anura Kumara Dissanayake said the 22nd Amendment to the…

NATION

India’s defence minister Rajnath Singh to visit Sri Lanka today

September 8, 2026

Indian Defence Minister Rajnath Singh is scheduled to arrive in…

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Apparel Exports Rise 3.47% in September, but Nine-Month Earnings Remain 5.52% Lower

MARKETS

CSE Recovery Enters Third Session as ASPI Jumps 297 Points Above 20,250

NATION

Centrum Air Connects Tashkent and Mattala with Twice-Weekly Direct Flights

World

Oil Hits Six-Month High as Hormuz Tanker Attack Deepens Iran Escalation Fears

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Latest news

IMF Technology Chief Urges Strong Governance and Public Trust in AI-Driven Central Banking

Cabinet Clears US$100 Million ADB Loan Agreement for Economic Recovery Programme

CSE Targets Record Rs. 200 Billion in Capital Raising as New Investment Products Take Shape

President Orders Faster Completion of Katunayake Airport Capacity Expansion Projects

Cabinet Approves US$100 Million ADB Financing for Sri Lanka’s Water Sector Reforms

Dipped Products Opens Rs. 4.2 Billion Glove Manufacturing Plant in Katunayake EPZ

MF Projects Sri Lanka’s Economic Growth to Moderate to 3.7% in 2027

CSE Closes in Red as Hemas, LOLC Holdings and Cargills Weigh on Market Sentiment

Sri Lanka to Provide Rs. 6,000 Stationery Allowance to 1.5 Million Students in 2027

Fitch Upgrades BOC, People’s Bank and Commercial Bank; Downgrades Cargills Bank

Deputy Minister rejects claims of shifting tax terms at Port City after investor backlash

President expects favourable SC ruling on controversial 22nd Amendment

India’s defence minister Rajnath Singh to visit Sri Lanka today

BIZ BREAKING

Fitch Upgrades BOC, People’s Bank and Commercial Bank; Downgrades Cargills Bank

Union Bank’s Nine-Month Profit After Tax More Than Doubles to Rs. 701 Million

Ceylon Chamber Urges Review of Draft Laws to Protect Investor Confidence and GSP+ Access

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Sri Lanka Launches AgriConnect with US$665 Million in Investment Backing to Support Farmers and Agribusinesses

Japan Grants Rs. 4.56 Billion for Kelani River Pumping Project to Protect Businesses and Communities

IMF Technology Chief Urges Strong Governance and Public Trust in AI-Driven Central Banking

ECONOMY

Apparel Exports Rise 3.47% in September, but Nine-Month Earnings Remain 5.52% Lower

World Bank Forecasts 23% Rise in Commodity Prices as Energy and Food Costs Climb

Cabinet Clears US$100 Million ADB Loan Agreement for Economic Recovery Programme

MARKETS

CSE Recovery Enters Third Session as ASPI Jumps 297 Points Above 20,250

Colombo Stocks Rise as Banking and Telecom Gains Lift Turnover Above Rs. 2.2 Billion

CSE Targets Record Rs. 200 Billion in Capital Raising as New Investment Products Take Shape

NATION

Centrum Air Connects Tashkent and Mattala with Twice-Weekly Direct Flights

Central Bank Names 27 Prohibited Scheme Entries, Warns Public Over Companies and Apps

President Orders Faster Completion of Katunayake Airport Capacity Expansion Projects

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