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

Oct 17, 20263 weeks ago 2 min read

COLOMBO, October 17, 2026 — Sri Lanka’s stock market ended the week on a positive note, with gains in counters such as Dialog Axiata, Distilleries…

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

Oct 17, 20263 weeks ago 5 min read

LONDON, October 17, 2026 — Global oil prices have climbed to their highest levels in months, with Brent crude touching $110 a barrel for the…

Sri Lanka Seeks EU Investment Under €300 Billion Global Gateway Initiative

Oct 16, 20263 weeks ago 3 min read

COLOMBO, October 16, 2026 — Sri Lanka has sought European Union (EU) investment to strengthen small and medium-sized enterprises (SMEs), develop startup incubators and expand…

Sri Lanka–Vietnam Business Council Targets US$ 1 Billion Bilateral Trade by 2030

Oct 16, 20263 weeks ago 6 min read

COLOMBO, October 16, 2026 — The Ceylon Chamber of Commerce has launched the Sri Lanka–Vietnam Business Council to strengthen bilateral trade, investment and tourism ties,…

Hambantota Port Handles Over 167,000 Vehicle Deliveries Amid Import Demand

Oct 16, 20263 weeks ago 3 min read

HAMBANTOTA, October 16, 2026 — Hambantota International Port (HIP) handled 167,569 vehicle deliveries between March 2025 and September 2026, highlighting its role in Sri Lanka’s…

BIZ BREAKING

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

November 5, 2026

COLOMBO, November 5, 2026 — Stocks rallied at the Colombo Stock Exchange during the first hour of trading today, with…

ECONOMY

In El Nino-hit Sri Lanka, wells run dry and farmer incomes shrink as drought deepens

September 8, 2026

GALWELA YAYA, Sri Lanka Sept 3 (Reuters) – For the…

ECONOMY

Sri Lanka Economic and Investment Summit 2026 to Examine How Sri Lanka Can Build a More Resilient Economy for the Future

September 8, 2026

As Sri Lanka moves beyond economic stabilisation, attention is increasingly…

ECONOMY

Foreign Reserves Rise to USD 6,905 Million

September 8, 2026

The latest data from the Central Bank of Sri Lanka…

BIZ BREAKING

BUSINESS

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

ECONOMY

LAUGFS Seeks Temporary Hambantota Terminal Access as Three LPG Shipments Due in November

MARKETS

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

NATION

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

World

‘Next Barack Obama’ Emerges as Clear Frontrunner for 2028 US Presidential Race

BIZ BREAKING

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Latest news

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

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

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

Sri Lanka Seeks EU Investment Under €300 Billion Global Gateway Initiative

Sri Lanka–Vietnam Business Council Targets US$ 1 Billion Bilateral Trade by 2030

Hambantota Port Handles Over 167,000 Vehicle Deliveries Amid Import Demand

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

In El Nino-hit Sri Lanka, wells run dry and farmer incomes shrink as drought deepens

Sri Lanka Economic and Investment Summit 2026 to Examine How Sri Lanka Can Build a More Resilient Economy for the Future

Foreign Reserves Rise to USD 6,905 Million

BIZ BREAKING

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

Crypto Cannot Be Used for Domestic Payments, CBSL Governor Says

CAL Signs Deal to Acquire 51% of Hong Kong Fund Manager Asia Frontier Capital

BUSINESS

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

JKH’s Attributable Profit Surges 213% to Rs. 5.17 Billion in Q2; PBT Reaches Rs. 7.95 Billion

Hayleys Solar Inaugurates Two Kosgama Projects with Combined Capacity of 5 MW

ECONOMY

LAUGFS Seeks Temporary Hambantota Terminal Access as Three LPG Shipments Due in November

CPC Raises Petrol and Diesel Prices; Lanka IOC Matches Two Fuel Rates

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

MARKETS

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

Colombo Stocks Rise as Dialog, Overseas Realty and Hayleys Lead Gains; Turnover Tops Rs. 1.5 Billion

ASPI Falls 10.97% in Ten Months as October Wipes Rs. 441 Billion Off Market Value

NATION

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

Cabinet Approves Rs. 3.33 Billion to Restore Cyclone-Damaged Roads

Fuel Import Costs Up 50%, Limiting Price Relief Despite Rs. 57 Billion Subsidy Allocation: Minister

World

‘Next Barack Obama’ Emerges as Clear Frontrunner for 2028 US Presidential Race

Laurini Officine Meccaniche Unveils 150-Ton Demolition Giant with 50-Meter Reach at World Demolition Summit in Madrid

Oil Prices Rise After Reported US Strike on Iran’s Qeshm Island