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Sri Lanka Locks In 5% Inflation Target for Next Three Years

Oct 3, 20263 weeks ago 3 min read

Sri Lanka Locks In 5% Inflation Target for Next Three Years

COLOMBO, October 3, 2026 — Sri Lanka has formally locked in a 5% inflation target for the next three years, reinforcing price stability as the…

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…

ADB Approves US$100 Million to Expand Livelihood Support and Social Protection in Sri Lanka

ADB Approves US$100 Million to Expand Livelihood Support and Social Protection in Sri Lanka

October 22, 2026

COLOMBO, October 22, 2026 — The Asian Development Bank (ADB) has approved US$100 million in financing to strengthen Sri Lanka’s…

ADB Approves US$100 Million to Expand Livelihood Support and Social Protection in Sri Lanka

October 22, 2026

COLOMBO, October 22, 2026 — The Asian Development Bank (ADB)…

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)…

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…

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BIZ BREAKING

ADB Approves US$100 Million to Expand Livelihood Support and Social Protection in Sri Lanka

ADB Approves US$100 Million to Expand Livelihood Support and Social Protection in Sri Lanka

October 22, 2026

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

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BUSINESS

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

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

October 22, 2026

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

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ECONOMY

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

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

October 22, 2026

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

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MARKETS

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

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

October 22, 2026

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

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NATION

Rain to Continue Across Sri Lanka on October 23; Southwest Wet Weather Expected Until October 27

Rain to Continue Across Sri Lanka on October 23; Southwest Wet Weather Expected Until October 27

October 22, 2026

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

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World

Trump Says US Is Not Negotiating with Iran, Signals Developments ‘Fairly Soon’

Trump Says US Is Not Negotiating with Iran, Signals Developments ‘Fairly Soon’

October 22, 2026

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

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BIZ BREAKING

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