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Pan Asia Bank’s Rs. 5 Billion Debenture Issue Oversubscribed on Strong Investor Demand

Oct 3, 20263 weeks ago 2 min read

Pan Asia Bank’s Rs. 5 Billion Debenture Issue Oversubscribed on Strong Investor Demand

B D A Perera, Chairman and Naleen Edirisinghe Director/CEO of Pan Asia Bank COLOMBO, October 3, 2026 — Pan Asia Banking Corporation PLC has secured…

Sri Lanka’s Tax Revenue Surpasses Rs. 2 Trillion in First Nine Months of 2026

Oct 3, 20263 weeks ago 2 min read

Sri Lanka’s Tax Revenue Surpasses Rs. 2 Trillion in First Nine Months of 2026

COLOMBO, October 3, 2026 — Sri Lanka’s Inland Revenue Department (IRD) collected more than Rs. 2.04 trillion in tax revenue during the first nine months…

Banking Strength Fails to Reverse CSE Slide as ASPI Falls 42 Points

Oct 3, 20263 weeks ago 4 min read

Banking Strength Fails to Reverse CSE Slide as ASPI Falls 42 Points

COLOMBO, October 3, 2026 — Strength in banking and financial counters failed to offset broader selling pressure at the Colombo Stock Exchange (CSE) yesterday, with…

Sri Lanka’s Unemployment Rate Rises to 4% in Q2 2026

Oct 3, 20263 weeks ago 1 min read

Sri Lanka’s Unemployment Rate Rises to 4% in Q2 2026

COLOMBO, October 3, 2026 — Sri Lanka’s unemployment rate increased to 4.0% in the second quarter of 2026, up from 3.8% during the corresponding quarter…

UAE Says Flydubai Co-Pilot Attacked Captain in Suspected Terror Plot

Oct 3, 20263 weeks ago 2 min read

UAE Says Flydubai Co-Pilot Attacked Captain in Suspected Terror Plot

DUBAI, October 3, 2026 — The United Arab Emirates has said a Flydubai co-pilot allegedly attempted to carry out a terrorist attack aboard a flight…

Sri Lanka’s Tea Export Earnings Top US$1 Billion as Rupee Revenue Rises Despite Dollar Decline

Sri Lanka’s Tea Export Earnings Top US$1 Billion as Rupee Revenue Rises Despite Dollar Decline

October 21, 2026

COLOMBO, October 21, 2026 — Sri Lanka earned approximately US$1.083 billion from tea exports during the first nine months of…

Yala National Park Zones 1 and 2 to close from Sept. 14

September 8, 2026

It has been decided to close Zones 01 and 02…

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…

President expects favourable SC ruling on controversial 22nd Amendment

September 8, 2026

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

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BIZ BREAKING

Sri Lanka’s Tea Export Earnings Top US$1 Billion as Rupee Revenue Rises Despite Dollar Decline

Sri Lanka’s Tea Export Earnings Top US$1 Billion as Rupee Revenue Rises Despite Dollar Decline

October 21, 2026

Rs. 3 Billion HLAB Fund Launched to Back Business Growth; First Capital Commits Rs. 300 Million

Rs. 3 Billion HLAB Fund Launched to Back Business Growth; First Capital Commits Rs. 300 Million

October 20, 2026

Sri Lanka’s 2027 Budget Expenditure Set to Rise 12.6% to Rs. 4.99 Trillion

Sri Lanka’s 2027 Budget Expenditure Set to Rise 12.6% to Rs. 4.99 Trillion

October 19, 2026

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BUSINESS

Access Engineering Expects Rs. 310 Million Company-Level Loss from Logistics Project Exit

Access Engineering Expects Rs. 310 Million Company-Level Loss from Logistics Project Exit

October 21, 2026

Central Bank Governor Highlights Policy Credibility and Price Stability at RBI Conference

Central Bank Governor Highlights Policy Credibility and Price Stability at RBI Conference

October 20, 2026

SANKEN GEN Established as Independent International Group Following Five Decades of Construction Delivery Across Three Continents

SANKEN GEN Established as Independent International Group Following Five Decades of Construction Delivery Across Three Continents

October 19, 2026

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ECONOMY

Vidullanka–David Pieris Solar Plant Adds 10 MW to Sri Lanka’s National Grid

Vidullanka–David Pieris Solar Plant Adds 10 MW to Sri Lanka’s National Grid

October 20, 2026

Litro Gas Shipment Carrying 3,900 MT of LPG Scheduled to Arrive Today

Litro Gas Shipment Carrying 3,900 MT of LPG Scheduled to Arrive Today

October 18, 2026

Colombo Port Handles US$30 Billion in U.S.-Related Cargo Annually

Colombo Port Handles US$30 Billion in U.S.-Related Cargo Annually

October 17, 2026

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MARKETS

Colombo Bourse Loses Rs. 324 Billion in October as ASPI Falls Below 20,000

Colombo Bourse Loses Rs. 324 Billion in October as ASPI Falls Below 20,000

October 21, 2026

Colombo Stocks Close Lower as Key Shares Decline; Turnover Tops Rs. 680 Million

Colombo Stocks Close Lower as Key Shares Decline; Turnover Tops Rs. 680 Million

October 20, 2026

CSE Closes Higher as Dialog Axiata, Distilleries Lead Gains; Weekly Indices Remain Lower

CSE Closes Higher as Dialog Axiata, Distilleries Lead Gains; Weekly Indices Remain Lower

October 17, 2026

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NATION

PUCSL Approves Power Cuts Across Four Groups for October 21

PUCSL Approves Power Cuts Across Four Groups for October 21

October 21, 2026

China Merchants’ Exit from US$392 Million Colombo Logistics Project Raises Investment Concerns

China Merchants’ Exit from US$392 Million Colombo Logistics Project Raises Investment Concerns

October 20, 2026

Sri Lanka Records US$2.24 Billion in Tourism Earnings in First Nine Months

Sri Lanka Records US$2.24 Billion in Tourism Earnings in First Nine Months

October 19, 2026

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World

China’s Third-Quarter Growth Reaches 4.5%, Narrowly Beating Forecasts

China’s Third-Quarter Growth Reaches 4.5%, Narrowly Beating Forecasts

October 20, 2026

Trump to Take Up to 60 Days to Review Russia Sanctions, Rubio Says

Trump to Take Up to 60 Days to Review Russia Sanctions, Rubio Says

October 18, 2026

Oil Prices Hit $110 a Barrel as Middle East Tensions Raise Supply Concerns

Oil Prices Hit $110 a Barrel as Middle East Tensions Raise Supply Concerns

October 17, 2026

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