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COLOMBO, November 11, 2026 — President Anura Kumara Dissanayake has reviewed the final proposals for the 2027 Budget, saying it will focus on extending the…
COLOMBO, November 11, 2026 — The Central Bank of Sri Lanka (CBSL) has clarified that Ernst & Young, Sri Lanka (EY) remains eligible to audit…
COLOMBO, November 11, 2026 — Minister of Industry and Entrepreneurship Development Sunil Handunnetti has called for a KPI-based incentive scheme to reward measurable gains in…
COLOMBO, November 10, 2026 — The Colombo Stock Exchange recorded a sharp rally, with the All Share Price Index (ASPI) climbing 592.02 points, or 2.75%,…
COLOMBO, November 10, 2026 — The Central Bank of Sri Lanka has barred the Ernst & Young partners responsible for auditing National Development Bank from…
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 7, 2026 — John Keells Properties and John Keells Stock Brokers brought together real estate, capital markets and wealth management professionals at ‘The…
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…
ECONOMY
COLOMBO, November 2, 2026 — The Ceylon Petroleum Corporation (CPC) has increased petrol and diesel prices, effective from midnight on November 1, while leaving kerosene…
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…
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 9, 2026 — The Sri Lanka Export Development Board (EDB) recognised local and international organisations supporting Sri Lanka Expo 2027 at a ceremony…
COLOMBO, November 8, 2026 — Passenger drones are undergoing test flights at Colombo Port City ahead of an official demonstration on November 11, as Sri…
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’…
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…