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COLOMBO, November 10, 2026 — The Central Bank of Sri Lanka has barred the Ernst & Young partners responsible for auditing National Development Bank from…
NEW YORK, November 10, 2026 — Nvidia shares plunged nearly 7.5% in early trading on Monday, temporarily wiping approximately US$335 billion from its market value,…
NEW YORK, November 10, 2026 — Oil prices fell sharply on Monday, with Brent crude extending losses beyond US$7 a barrel after settlement, as US…
COLOMBO, November 9, 2026 — The Sri Lanka Export Development Board (EDB) recognised local and international organisations supporting Sri Lanka Expo 2027 at a ceremony…
BEIJING, November 9, 2026 — China will extend the suspension of an additional 24% tariff on imports from the United States for another two months…
BIZ BREAKING
COLOMBO, November 6, 2026 — A high-level dialogue at Port City Colombo has highlighted the need for a two-year actionable roadmap to develop its FinTech sector and attract regional and international businesses seeking a base for expansion. The discussion opened…
COLOMBO, November 6, 2026 — Sri Lanka’s plantation sector faces growing pressure to secure long-term investment as rising production costs, declining output and the approaching expiry of regional plantation company leases weaken the commercial case for replanting and modernisation. With…
COLOMBO, November 5, 2026 — Stocks rallied at the Colombo Stock Exchange during the first hour of trading today, with the All Share Price Index (ASPI) gaining 478 points, or 2.33%, as turnover exceeded Rs. 2 billion. The S&P SL20…
COLOMBO, November 4, 2026 — Digital assets cannot be used for payments between residents under Sri Lanka’s current legal framework, Central Bank Governor Dr. Nandalal Weerasinghe said, stressing the need to protect the rupee and preserve monetary sovereignty. Speaking at…
BUSINESS
COLOMBO, November 6, 2026 — Businesses engaged in export-oriented manufacturing can seek tax concessions under the Temporary Importation for Export Processing (TIEP) scheme through the…
COLOMBO, November 6, 2026 — Hemas Holdings PLC recorded revenue of Rs. 66.6 billion for the first half of FY2026/27, up 9.5% year-on-year, as a…
COLOMBO, November 5, 2026 — JAT Holdings PLC reported a 36% increase in Group revenue to Rs. 7.01 billion for the six months ended September…
COLOMBO, November 4, 2026 — John Keells Holdings PLC (JKH) recorded a 213% increase in profit attributable to equity holders of the parent to Rs.…
ECONOMY
COLOMBO, October 30, 2026 — Sri Lanka’s apparel exports increased by 3.47% year-on-year to US$416.99 million in September, supported by stronger shipments to the United…
COLOMBO, October 29, 2026 — Global commodity prices are projected to increase by 23% in 2026, with rising energy costs, disrupted trade and threats to…
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…
MARKETS
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 2, 2026 — Sri Lanka’s benchmark All Share Price Index (ASPI) declined by 10.97% during the first ten months of 2026, while the…
COLOMBO, October 30, 2026 — The Colombo Stock Exchange extended its recovery for a third consecutive session on October 29, with broad-based buying lifting the…
COLOMBO, October 29, 2026 — Colombo stock market indices closed higher, supported by price gains in Commercial Bank, Dialog Axiata and Hatton National Bank, while…
NATION
COLOMBO, November 6, 2026 — More than 200 business leaders, investors, policymakers and industry representatives gathered in Chennai for Port City Colombo’s inaugural investor forum…
COLOMBO, November 5, 2026 — Fitch Ratings has upgraded the National Long-Term Ratings of three Sri Lankan bank-owned non-bank financial institutions, reflecting their parent banks’…
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 3, 2026 — Sri Lanka’s fuel import costs have increased by approximately 50% compared with last year, limiting the government’s ability to provide…
world
NEW YORK, November 6, 2026 — A sharp selloff in technology stocks erased US$2.5 trillion from the Nasdaq 100 on Thursday as investors feared the…
WASHINGTON, November 5, 2026 — Democratic Senator Jon Ossoff has emerged as the leading prospect for the 2028 US presidency on prediction platform Polymarket following…
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, November 3, 2026 — Oil prices edged higher in early Asian trading on Tuesday after a report of US strikes on Iran’s Qeshm Island…