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MADRID, November 4, 2026 —One year after receiving the World Demolition Award for Innovation in Nashville, Tennessee Laurini Officine Meccaniche has again taken the spotlight…
Colombo Stocks Rise as Dialog, Overseas Realty and Hayleys Lead Gains; Turnover Tops Rs. 1.5 Billion
COLOMBO, November 4, 2026 — The Colombo Stock Exchange’s benchmark indices closed higher, supported by price gains in Dialog Axiata, Overseas Realty and Hayleys, with…
COLOMBO, November 4, 2026 — The Cabinet of Ministers has approved three contracts totalling Rs. 3,334.28 million, excluding VAT and other applicable taxes, to rehabilitate…
COLOMBO, November 4, 2026 — LAUGFS Gas PLC has requested three months of temporary permission to supply the domestic LPG market through its Hambantota terminal,…
COLOMBO, November 4, 2026 — John Keells Holdings PLC (JKH) recorded a 213% increase in profit attributable to equity holders of the parent to Rs.…
BIZ BREAKING
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 Bank, following a recalibration of Sri Lanka’s national rating scale after the sovereign’s recent upgrade.…
COLOMBO, October 30, 2026 — Union Bank reported a 104% increase in profit after tax to Rs. 701 million for the nine months ended September 30, 2026, while profit before all taxes rose by 48% to Rs. 1.744 billion, supported…
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…
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…
BUSINESS
COLOMBO, October 30, 2026 — Sri Lanka has launched the AgriConnect Joint Implementation Plan with the World Bank Group and the International Fund for Agricultural…
Japan Grants Rs. 4.56 Billion for Kelani River Pumping Project to Protect Businesses and Communities
COLOMBO, October 29, 2026 — Japan has agreed to provide JPY 2.179 billion, approximately Rs. 4.56 billion, in grant assistance for a Kelani River pumping…
COLOMBO, October 28, 2026 — Central banks adopting artificial intelligence must prioritise public trust, strong governance and human oversight, IMF Chief Information Officer Shirin Hamid…
COLOMBO, October 27, 2026 — LAUGFS Gas PLC is exploring strategic options for its wholly owned subsidiary, LAUGFS Terminals Limited, including commercial partnerships, external investment…
ECONOMY
COLOMBO, October 28, 2026 — The Cabinet of Ministers has approved entering into a US$100 million loan agreement with the Asian Development Bank (ADB) to…
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…
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…
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,…
MARKETS
COLOMBO, October 29, 2026 — Colombo stock market indices closed higher, supported by price gains in Commercial Bank, Dialog Axiata and Hatton National Bank, while…
COLOMBO, October 28, 2026 — Capital raised through the Colombo Stock Exchange (CSE) could reach a record Rs. 200 billion this year, Chief Executive Officer…
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, October 23, 2026 — Colombo stock market indices closed lower as price declines in Distilleries, Hatton National Bank and Dialog Axiata weighed on the…
NATION
COLOMBO, October 29, 2026 — The Central Bank of Sri Lanka (CBSL) has listed 27 entries covering companies, mobile applications and related entities determined to…
COLOMBO, October 28, 2026 — President Anura Kumara Dissanayake has directed officials to accelerate projects aimed at increasing passenger capacity and improving facilities at Katunayake…
COLOMBO, October 27, 2026 — Sri Lanka Navy Lieutenant Commander Piyumi Kathriarachchi has been recognised for graduating with honours from the US Naval Postgraduate School,…
COLOMBO, October 26, 2026 — The second generating unit at the Lakvijaya Coal Power Plant in Norochcholai has been taken offline for maintenance and repairs,…
world
COLOMBO, October 31, 2026 — Oil prices rose more than 2% on Friday to their highest closing levels since late April, as a tanker attack…
SINGAPORE, October 31, 2026 — Binance says it has reserved more than US$6.34 billion in company funds to cover user losses following its recent security…
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…
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…