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Colombo Port Handles US$30 Billion in U.S.-Related Cargo Annually

Oct 17, 20263 weeks ago 4 min read

COLOMBO, October 17, 2026 — The Port of Colombo handles an estimated US$30 billion worth of U.S.-related cargo annually, highlighting its strategic importance to international…

Rs. 3.09 Billion Surgical Ward Complex Planned for Tangalle Hospital

Oct 17, 20263 weeks ago 2 min read

TANGALLE, October 17, 2026 — A nine-storey surgical ward complex estimated to cost Rs. 3.09 billion is planned for Tangalle Base Hospital as part of…

CSE Closes Higher as Dialog Axiata, Distilleries Lead Gains; Weekly Indices Remain Lower

Oct 17, 20263 weeks ago 2 min read

COLOMBO, October 17, 2026 — Sri Lanka’s stock market ended the week on a positive note, with gains in counters such as Dialog Axiata, Distilleries…

Oil Prices Hit $110 a Barrel as Middle East Tensions Raise Supply Concerns

Oct 17, 20263 weeks ago 5 min read

LONDON, October 17, 2026 — Global oil prices have climbed to their highest levels in months, with Brent crude touching $110 a barrel for the…

Sri Lanka Seeks EU Investment Under €300 Billion Global Gateway Initiative

Oct 16, 20263 weeks ago 3 min read

COLOMBO, October 16, 2026 — Sri Lanka has sought European Union (EU) investment to strengthen small and medium-sized enterprises (SMEs), develop startup incubators and expand…

BIZ BREAKING

JAAF Backs Fresh GSP+ Application to Protect Sri Lanka’s EU Market Access

November 9, 2026

COLOMBO, November 9, 2026 — The Joint Apparel Association Forum (JAAF) has welcomed the Government’s commitment to submit a fresh…

BUSINESS

Hemas H1 Revenue Rises 9.5% to Rs. 66.6 Billion as Strong Q2 Restores EBITDA Growth

November 6, 2026

COLOMBO, November 6, 2026 — Hemas Holdings PLC recorded revenue…

WORLD

Nasdaq 100 Loses US$2.5 Trillion as Democrat Election Gains Deepen AI Investment Fears

November 6, 2026

NEW YORK, November 6, 2026 — A sharp selloff in…

BUSINESS

JAT Holdings’ Revenue Rises 36% to Rs. 7.01 Billion as Foreign Operations More Than Double

November 5, 2026

COLOMBO, November 5, 2026 — JAT Holdings PLC reported a…

BIZ BREAKING

BUSINESS

Fitch Upgrades Commercial Bank to ‘AA(lka)’ Following National Rating Scale Recalibration

ECONOMY

Sri Lanka’s Remittances Reach US$735.6 Million in October; Ten-Month Inflows Top US$7.6 Billion

MARKETS

Colombo Stocks End Week Higher as ASPI Gains 5.4%; Daily Turnover Averages Rs. 3 Billion

NATION

Passenger Drone Test Flights Begin at Colombo Port City Ahead of November 11 Demonstration

World

IMF Chief Warns AI Slowdown Could Complicate Central Banks’ Inflation Fight

BIZ BREAKING

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Latest news

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Colombo Port Handles US$30 Billion in U.S.-Related Cargo Annually

Rs. 3.09 Billion Surgical Ward Complex Planned for Tangalle Hospital

CSE Closes Higher as Dialog Axiata, Distilleries Lead Gains; Weekly Indices Remain Lower

Oil Prices Hit $110 a Barrel as Middle East Tensions Raise Supply Concerns

Sri Lanka Seeks EU Investment Under €300 Billion Global Gateway Initiative

JAAF Backs Fresh GSP+ Application to Protect Sri Lanka’s EU Market Access

Hemas H1 Revenue Rises 9.5% to Rs. 66.6 Billion as Strong Q2 Restores EBITDA Growth

Nasdaq 100 Loses US$2.5 Trillion as Democrat Election Gains Deepen AI Investment Fears

JAT Holdings’ Revenue Rises 36% to Rs. 7.01 Billion as Foreign Operations More Than Double

BIZ BREAKING

JAAF Backs Fresh GSP+ Application to Protect Sri Lanka’s EU Market Access

Sri Lanka’s Official Reserves Top US$7 Billion in October, Rising 3.2%

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Fitch Upgrades Commercial Bank to ‘AA(lka)’ Following National Rating Scale Recalibration

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ECONOMY

Sri Lanka’s Remittances Reach US$735.6 Million in October; Ten-Month Inflows Top US$7.6 Billion

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LAUGFS Seeks Temporary Hambantota Terminal Access as Three LPG Shipments Due in November

MARKETS

Colombo Stocks End Week Higher as ASPI Gains 5.4%; Daily Turnover Averages Rs. 3 Billion

EPF Equity Portfolio Valued at Rs. 204.94 Billion, More Than Double Investment Cost

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NATION

Passenger Drone Test Flights Begin at Colombo Port City Ahead of November 11 Demonstration

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IMF Chief Warns AI Slowdown Could Complicate Central Banks’ Inflation Fight

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