CSE Closes in Red as Hemas, LOLC Holdings and Cargills Weigh on Market Sentiment

Oct 13, 2026 3 weeks ago 3 min read
CSE Closes in Red as Hemas, LOLC Holdings and Cargills Weigh on Market Sentiment

COLOMBO, October 13, 2026 — Sri Lanka’s stock market closed lower as selling pressure on heavyweight counters, including Hemas Holdings, LOLC Holdings and Cargills, dragged…

Sri Lanka to Provide Rs. 6,000 Stationery Allowance to 1.5 Million Students in 2027

Oct 13, 2026 3 weeks ago 3 min read
Sri Lanka to Provide Rs. 6,000 Stationery Allowance to 1.5 Million Students in 2027

COLOMBO, October 13, 2026 — The Government has approved the continuation of its school stationery assistance programme for 2027, providing Rs. 6,000 each to 1.5…

US Hopes Russian Diesel Deal Will Help Bring Moscow Back to Ukraine Peace Talks

Oct 13, 2026 3 weeks ago 7 min read
US Hopes Russian Diesel Deal Will Help Bring Moscow Back to Ukraine Peace Talks

WASHINGTON, October 13, 2026 — The Trump administration is seeking to use a controversial deal allowing Russian diesel exports to encourage Moscow to resume negotiations…

FCCISL and Department of Commerce Step Up Coordination to Drive Sri Lanka’s US$36 Billion Export Target

Oct 12, 2026 3 weeks ago 6 min read
FCCISL and Department of Commerce Step Up Coordination to Drive Sri Lanka’s US$36 Billion Export Target

Department of Commerce consultation with trade chambers and industry associations COLOMBO, October 12, 2026 — The Federation of Chambers of Commerce and Industry of Sri…

Sungrow Commissions Sri Lanka’s 10 MW/40 MWh Battery Storage Project in Galle

Oct 12, 2026 3 weeks ago 5 min read
Sungrow Commissions Sri Lanka’s 10 MW/40 MWh Battery Storage Project in Galle

GALLE, October 12, 2026 — Global renewable energy technology supplier Sungrow has commissioned a 10 MW/40 MWh battery energy storage system (BESS) developed by WKV…

Sri Lanka’s Exports Hit Record US$1.38 Billion, but September Current Account Posts US$128 Million Deficit

COLOMBO, November 2, 2026 — Sri Lanka recorded its highest-ever monthly merchandise export earnings of US$1.377 billion in September 2026,…

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