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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 Wins Leading Wellness Destination Award at SATA 2026

Oct 15, 20263 weeks ago 2 min read

MALÉ, October 15, 2026 — Sri Lanka has been named the Leading Wellness Destination at the 10th South Asian Travel Awards (SATA) 2026, securing the…

CSE Closes in Red as Dialog Axiata and Key Counters Weigh on Indices

Oct 15, 20263 weeks ago 2 min read

COLOMBO, October 15, 2026 — The Colombo Stock Exchange (CSE) ended the trading session in negative territory, with declines in Dialog Axiata, Carson Cumberbatch and…

Petrol-Only Vehicles Fall Below 50% of Global Auto Market for First Time

Oct 15, 20263 weeks ago 5 min read

TOKYO, October 15, 2026 — Petrol-only vehicles accounted for less than half of global new-vehicle sales for the first time in the first half of…

Oil Prices Surge as Iran’s New Hormuz Tactics Raise Global Supply Fears

Oct 14, 20263 weeks ago 4 min read

COLOMBO, October 14, 2026 — Global oil prices climbed on Wednesday as attacks on commercial vessels in the Strait of Hormuz and reports of new…

Sri Lanka Takes EXPO 2027 Investment and Export Opportunities to Thai Business Community

Oct 14, 20263 weeks ago 4 min read

BANGKOK, October 14, 2026 — Sri Lanka is stepping up efforts to strengthen trade and investment ties with Thailand ahead of Sri Lanka EXPO 2027,…

BIZ BREAKING

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

November 3, 2026

COLOMBO, November 3, 2026 — Capital Alliance Holdings PLC (CAL) has signed an agreement to acquire a 51% stake in…

WORLD

Tesla Unveils Flying Roadster, Claims Sub-One-Second 0–60 MPH Acceleration

October 16, 2026

MCLENNAN, October 16, 2026 — Tesla has unveiled its long-awaited…

BIZ BREAKING

IMF Pledges Continued Support for Sri Lanka as $345 Million Tranche Awaits Board Approval

October 15, 2026

BANGKOK, October 15, 2026 — The International Monetary Fund (IMF)…

BUSINESS

Home Lands Completes Piling for Port City’s Central Park Boulevard Ahead of Schedule

October 15, 2026

COLOMBO, October 15, 2026 — Home Lands Group has completed…

BIZ BREAKING

BUSINESS

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

ECONOMY

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

MARKETS

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

NATION

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

World

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

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 Wins Leading Wellness Destination Award at SATA 2026

CSE Closes in Red as Dialog Axiata and Key Counters Weigh on Indices

Petrol-Only Vehicles Fall Below 50% of Global Auto Market for First Time

Oil Prices Surge as Iran’s New Hormuz Tactics Raise Global Supply Fears

Sri Lanka Takes EXPO 2027 Investment and Export Opportunities to Thai Business Community

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

Tesla Unveils Flying Roadster, Claims Sub-One-Second 0–60 MPH Acceleration

IMF Pledges Continued Support for Sri Lanka as $345 Million Tranche Awaits Board Approval

Home Lands Completes Piling for Port City’s Central Park Boulevard Ahead of Schedule

BIZ BREAKING

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

Sri Lanka’s Exports Hit Record US$1.38 Billion, but September Current Account Posts US$128 Million Deficit

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

BUSINESS

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

Home Lands Showcases Sri Lankan Property Investment Opportunities in Ottawa

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

ECONOMY

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

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

MARKETS

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

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

NATION

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

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

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

World

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

Tucker Carlson Warns of Possible Nuclear Strike on Iran Within Days — Markets and Energy Supply at Risk.

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