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

Nov 2, 2026 2 days ago 5 min read
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Tucker Carlson claimed early Monday that the Trump administration is under intense pressure from Israeli Prime Minister Benjamin Netanyahu to launch a nuclear strike on…

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

Nov 2, 2026 2 days ago 1 min read
ASPI Falls 10.97% in Ten Months as October Wipes Rs. 441 Billion Off Market Value

COLOMBO, November 2, 2026 — Sri Lanka’s benchmark All Share Price Index (ASPI) declined by 10.97% during the first ten months of 2026, while the…

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

Nov 2, 2026 2 days ago 1 min read
CPC Raises Petrol and Diesel Prices; Lanka IOC Matches Two Fuel Rates

COLOMBO, November 2, 2026 — The Ceylon Petroleum Corporation (CPC) has increased petrol and diesel prices, effective from midnight on November 1, while leaving kerosene…

Home Lands Showcases Sri Lankan Property Investment Opportunities in Ottawa

Nov 2, 2026 2 days ago 1 min read
Home Lands Showcases Sri Lankan Property Investment Opportunities in Ottawa

COLOMBO, November 2, 2026 — Home Lands has showcased Sri Lankan real estate investment opportunities at a property investment roadshow in Ottawa, Canada, engaging prospective…

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

Oct 31, 2026 4 days ago 3 min read
Fitch Upgrades BOC, People’s Bank and Commercial Bank; Downgrades Cargills Bank

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

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

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

BIZ BREAKING

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

Oct 29, 2026 6 days ago 2 min read
Ceylon Chamber Urges Review of Draft Laws to Protect Investor Confidence and GSP+ Access

COLOMBO, October 29, 2026 — The Ceylon Chamber of Commerce has called for a careful review of proposed national security and organised crime legislation, highlighting the need to safeguard investor confidence, business competitiveness and Sri Lanka’s continued access to European…

Sri Lanka Begins APG Review of Anti-Money Laundering and Counter-Terrorism Financing Framework

Oct 28, 2026 7 days ago 3 min read
Sri Lanka Begins APG Review of Anti-Money Laundering and Counter-Terrorism Financing Framework

COLOMBO, October 28, 2026 — Sri Lanka’s third mutual evaluation by the Asia/Pacific Group on Money Laundering (APG) has commenced, with assessors examining the country’s safeguards against financial crime, legal reforms and the effectiveness of institutions responsible for protecting the…

Asian Stocks Rally as Anthropic IPO Filing Revives AI Optimism Ahead of Major Earnings

Oct 27, 2026 1 week ago 2 min read
Asian Stocks Rally as Anthropic IPO Filing Revives AI Optimism Ahead of Major Earnings

COLOMBO, October 27, 2026 — Asian equity markets rallied on Tuesday as Anthropic’s US initial public offering filing renewed enthusiasm for artificial intelligence investments, ahead of major technology earnings and interest rate decisions from leading central banks. South Korea’s technology-heavy…

Lanka IOC and Sinopec Raise Octane 95 Petrol Prices by Rs. 20 to Rs. 495

Oct 26, 2026 1 week ago 1 min read
Lanka IOC and Sinopec Raise Octane 95 Petrol Prices by Rs. 20 to Rs. 495

COLOMBO, October 26, 2026 — Lanka IOC and Sinopec have increased their Octane 95 petrol prices by Rs. 20 per litre, bringing the revised selling price at both operators’ filling stations to Rs. 495. Lanka IOC’s increase took effect at…

BUSINESS

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

Oct 28, 2026 7 days ago 2 min read
IMF Technology Chief Urges Strong Governance and Public Trust in AI-Driven Central Banking

COLOMBO, October 28, 2026 — Central banks adopting artificial intelligence must prioritise public trust, strong governance and human oversight, IMF Chief Information Officer Shirin Hamid…

LAUGFS Gas Explores Investment and Potential Stake Sale in Hambantota LPG Terminal

Oct 27, 2026 1 week ago 1 min read
LAUGFS Gas Explores Investment and Potential Stake Sale in Hambantota LPG Terminal

COLOMBO, October 27, 2026 — LAUGFS Gas PLC is exploring strategic options for its wholly owned subsidiary, LAUGFS Terminals Limited, including commercial partnerships, external investment…

Sri Lankan Pharmaceutical Firms Explore Export and Technology Partnerships at CPHI Milan

Oct 26, 2026 1 week ago 3 min read
Sri Lankan Pharmaceutical Firms Explore Export and Technology Partnerships at CPHI Milan

COLOMBO, October 26, 2026 — Five Sri Lankan pharmaceutical manufacturers participated in an exposure visit to CPHI Worldwide 2026 in Milan, seeking export opportunities, technology…

Sri Lankan Firms Explore Maldives Hospitality Market at Hotel Asia 2026

Oct 24, 2026 2 weeks ago 2 min read
Sri Lankan Firms Explore Maldives Hospitality Market at Hotel Asia 2026

COLOMBO, October 24, 2026 — Sri Lankan companies showcased hospitality products and services at Hotel Asia 2026 in the Maldives, seeking new buyers, business partnerships…

ECONOMY

Sri Lanka’s Exports Reach US$13.6 Billion in Nine Months as September Sets Monthly Record

Oct 27, 2026 1 week ago 2 min read
Sri Lanka’s Exports Reach US$13.6 Billion in Nine Months as September Sets Monthly Record

COLOMBO, October 27, 2026 — Sri Lanka’s total export earnings reached US$13.612 billion during the first nine months of 2026, supported by a record monthly…

Vegetable Prices Rise Amid Rainy Weather; Tomatoes Reach Rs. 650 a Kilogram Wholesale

Oct 26, 2026 1 week ago 1 min read
Vegetable Prices Rise Amid Rainy Weather; Tomatoes Reach Rs. 650 a Kilogram Wholesale

COLOMBO, October 26, 2026 — Wholesale prices of several upcountry and low-country vegetables have risen sharply amid prevailing rainy weather, with tomatoes, capsicum and cabbage…

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

Oct 22, 2026 2 weeks ago 1 min read
Sri Lanka’s NCPI Inflation Steady at 8.1% in September as Food Prices Accelerate

COLOMBO, October 22, 2026 — Sri Lanka’s headline inflation, measured by the National Consumer Price Index (NCPI), remained unchanged at 8.1% year-on-year in September 2026,…

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

Oct 20, 2026 2 weeks ago 2 min read
Vidullanka–David Pieris Solar Plant Adds 10 MW to Sri Lanka’s National Grid

COLOMBO, October 20, 2026 — Vidullanka PLC and David Pieris Motor Company have inaugurated a 10 MW solar power plant in Ranna, expanding Sri Lanka’s…

MARKETS

Colombo Stocks End Week Lower as ASPI Loses 2.5%; Daily Turnover Averages Rs. 972 Million

Oct 24, 2026 2 weeks ago 2 min read
Colombo Stocks End Week Lower as ASPI Loses 2.5%; Daily Turnover Averages Rs. 972 Million

COLOMBO, October 24, 2026 — Colombo stocks ended the week in negative territory, with the All Share Price Index (ASPI) declining by 2.5% and the…

Colombo Stocks End Lower as Crossings Account for 77.6% of Turnover

Oct 23, 2026 2 weeks ago 2 min read
Colombo Stocks End Lower as Crossings Account for 77.6% of Turnover

COLOMBO, October 23, 2026 — Colombo stock market indices closed lower as price declines in Distilleries, Hatton National Bank and Dialog Axiata weighed on the…

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

Oct 22, 2026 2 weeks ago 2 min read
Colombo Stocks Close Lower as Crossings Drive Turnover Above Rs. 1.5 Billion

COLOMBO, October 22, 2026 — Colombo stock market indices ended lower as price declines in Commercial Bank, Carson Cumberbatch and Hayleys weighed on the All…

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

Oct 21, 2026 2 weeks ago 2 min read
Colombo Bourse Loses Rs. 324 Billion in October as ASPI Falls Below 20,000

COLOMBO, October 21, 2026 — The Colombo Stock Exchange’s total market capitalisation has fallen by nearly Rs. 324 billion since the beginning of October, with…

NATION

Sri Lanka Navy Officer Honoured for Near-Perfect GPA and Awards at US Naval Postgraduate School

Oct 27, 2026 1 week ago 2 min read
Sri Lanka Navy Officer Honoured for Near-Perfect GPA and Awards at US Naval Postgraduate School

COLOMBO, October 27, 2026 — Sri Lanka Navy Lieutenant Commander Piyumi Kathriarachchi has been recognised for graduating with honours from the US Naval Postgraduate School,…

Norochcholai’s Second Generating Unit Shut for Maintenance; No Power Disruptions Expected

Oct 26, 2026 1 week ago 1 min read
Norochcholai’s Second Generating Unit Shut for Maintenance; No Power Disruptions Expected

COLOMBO, October 26, 2026 — The second generating unit at the Lakvijaya Coal Power Plant in Norochcholai has been taken offline for maintenance and repairs,…

All Three Norochcholai Units Reconnected to National Grid Following October 17 Outage

Oct 24, 2026 2 weeks ago 1 min read
All Three Norochcholai Units Reconnected to National Grid Following October 17 Outage

COLOMBO, October 24, 2026 — All three generating units at the Norochcholai Coal Power Plant have been successfully reconnected to Sri Lanka’s national grid after…

Hambantota Port Targets Two Million TEU Capacity as Suez Return Opens New Opportunities

Oct 23, 2026 2 weeks ago 4 min read
Hambantota Port Targets Two Million TEU Capacity as Suez Return Opens New Opportunities

COLOMBO, October 23, 2026 — Hambantota International Port is preparing to increase its annual container handling capacity to two million TEUs in the first quarter…

world

Binance Hit by Record US$6.3 Billion Crypto Theft as Analysts Point to North Korea

Oct 31, 2026 4 days ago 3 min read
Binance Hit by Record US$6.3 Billion Crypto Theft as Analysts Point to North Korea

SINGAPORE, October 31, 2026 — Binance has suffered a US$6.3 billion cryptocurrency theft, prompting the world’s largest crypto exchange to suspend withdrawals and pledge to…

Jio Surges 27% on Market Debut, Reaches US$137 Billion Valuation

Oct 29, 2026 6 days ago 3 min read
Jio Surges 27% on Market Debut, Reaches US$137 Billion Valuation

MUMBAI, October 29, 2026 — Mukesh Ambani’s Reliance Jio Platforms climbed approximately 27% on its Mumbai stock market debut on Wednesday, reaching a valuation of…

Luxury World Cruise Suspended in Cambodia as Soaring Fuel Costs Strand Passengers

Oct 28, 2026 7 days ago 2 min read
Luxury World Cruise Suspended in Cambodia as Soaring Fuel Costs Strand Passengers

PHNOM PENH, October 28, 2026 — Passengers aboard the luxury residential cruise ship Villa Vie Odyssey have been left stranded in Cambodia after its US-based…

Bolsonaro’s Party Recognises Lula Victory as Trump Questions Brazil Election Without Evidence

Oct 27, 2026 1 week ago 3 min read
Bolsonaro’s Party Recognises Lula Victory as Trump Questions Brazil Election Without Evidence

BRASÍLIA, October 27, 2026 — The Liberal Party of defeated Brazilian presidential candidate Flávio Bolsonaro has recognised Luiz Inácio Lula da Silva’s runoff victory, even…