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Trump Calls for Zelenskiy’s Replacement as US-Russia Diesel Deal Deepens Ukraine Rift

Oct 11, 20263 weeks ago 4 min read

WASHINGTON, October 11, 2026 — US President Donald Trump has called for Ukraine to replace President Volodymyr Zelenskiy, intensifying tensions between Washington and Kyiv after…

EDB Appoints 24 Export Advisory Committees to Drive Sri Lanka’s US$36 Billion Export Target

Oct 9, 20263 weeks ago 4 min read

Minister Sunil Handunnetti, EDB Chairman Mangala Wijesinghe COLOMBO, October 9, 2026 — Sri Lanka has established 24 export advisory committees for 2026–2029 to help remove regulatory…

Sri Lankan Exporters Secure US$50,000 in Orders at Maldives Trade Exhibition, Negotiate Further US$150,000

Oct 9, 20263 weeks ago 3 min read

COLOMBO, October 9, 2026 — Sri Lankan exporters have secured approximately US$50,000 in confirmed orders and are negotiating a further US$150,000 in potential business following…

Sri Lanka Customs Revenue Surpasses September Target by 32% as 2026 Collections Near Annual Goal

Oct 9, 20263 weeks ago 3 min read

COLOMBO, October 9, 2026 — Sri Lanka Customs collected Rs. 258.3 billion in September, exceeding its monthly revenue target by 32.1%, as stronger collections from…

Sri Lankan Scientist Themiya Nanayakkara Helps Discover Record-Breaking Radio Burst from 10 Billion Years Ago

Oct 9, 20263 weeks ago 3 min read

COLOMBO, October 9, 2026 — Sri Lankan scientist Themiya Nanayakkara has contributed to a landmark international astronomy discovery involving the oldest fast radio burst ever…

BIZ BREAKING

Fitch Upgrades BOC, People’s Bank and Commercial Bank; Downgrades Cargills Bank

October 31, 2026

COLOMBO, October 31, 2026 — Fitch Ratings has upgraded the National Long-Term Ratings of Bank of Ceylon, People’s Bank and…

MARKETS

CSE Targets Record Rs. 200 Billion in Capital Raising as New Investment Products Take Shape

October 28, 2026

COLOMBO, October 28, 2026 — Capital raised through the Colombo…

NATION

President Orders Faster Completion of Katunayake Airport Capacity Expansion Projects

October 28, 2026

COLOMBO, October 28, 2026 — President Anura Kumara Dissanayake has…

WORLD

Luxury World Cruise Suspended in Cambodia as Soaring Fuel Costs Strand Passengers

October 28, 2026

PHNOM PENH, October 28, 2026 — Passengers aboard the luxury…

BIZ BREAKING

BUSINESS

ECONOMY

Apparel Exports Rise 3.47% in September, but Nine-Month Earnings Remain 5.52% Lower

MARKETS

CSE Recovery Enters Third Session as ASPI Jumps 297 Points Above 20,250

NATION

Centrum Air Connects Tashkent and Mattala with Twice-Weekly Direct Flights

World

Oil Hits Six-Month High as Hormuz Tanker Attack Deepens Iran Escalation Fears

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Latest news

Sri Lanka Plans Simpler Tax System, Customs Levies to Be Phased Out From 2027

Rs. 22 Billion Uma Oya Development Project to Benefit 5,000 Families

CSE Snaps Six-Session Losing Streak as Buying Interest Improves

India Approves $19 Billion Programme to Expand Renewable Energy Grid

Trump Calls for Zelenskiy’s Replacement as US-Russia Diesel Deal Deepens Ukraine Rift

EDB Appoints 24 Export Advisory Committees to Drive Sri Lanka’s US$36 Billion Export Target

Sri Lankan Exporters Secure US$50,000 in Orders at Maldives Trade Exhibition, Negotiate Further US$150,000

Sri Lanka Customs Revenue Surpasses September Target by 32% as 2026 Collections Near Annual Goal

Sri Lankan Scientist Themiya Nanayakkara Helps Discover Record-Breaking Radio Burst from 10 Billion Years Ago

Fitch Upgrades BOC, People’s Bank and Commercial Bank; Downgrades Cargills Bank

CSE Targets Record Rs. 200 Billion in Capital Raising as New Investment Products Take Shape

President Orders Faster Completion of Katunayake Airport Capacity Expansion Projects

Luxury World Cruise Suspended in Cambodia as Soaring Fuel Costs Strand Passengers

BIZ BREAKING

Fitch Upgrades BOC, People’s Bank and Commercial Bank; Downgrades Cargills Bank

Union Bank’s Nine-Month Profit After Tax More Than Doubles to Rs. 701 Million

Ceylon Chamber Urges Review of Draft Laws to Protect Investor Confidence and GSP+ Access

BUSINESS

Sri Lanka Launches AgriConnect with US$665 Million in Investment Backing to Support Farmers and Agribusinesses

Japan Grants Rs. 4.56 Billion for Kelani River Pumping Project to Protect Businesses and Communities

IMF Technology Chief Urges Strong Governance and Public Trust in AI-Driven Central Banking

ECONOMY

Apparel Exports Rise 3.47% in September, but Nine-Month Earnings Remain 5.52% Lower

World Bank Forecasts 23% Rise in Commodity Prices as Energy and Food Costs Climb

Cabinet Clears US$100 Million ADB Loan Agreement for Economic Recovery Programme

MARKETS

CSE Recovery Enters Third Session as ASPI Jumps 297 Points Above 20,250

Colombo Stocks Rise as Banking and Telecom Gains Lift Turnover Above Rs. 2.2 Billion

CSE Targets Record Rs. 200 Billion in Capital Raising as New Investment Products Take Shape

NATION

Centrum Air Connects Tashkent and Mattala with Twice-Weekly Direct Flights

Central Bank Names 27 Prohibited Scheme Entries, Warns Public Over Companies and Apps

President Orders Faster Completion of Katunayake Airport Capacity Expansion Projects

World

Oil Hits Six-Month High as Hormuz Tanker Attack Deepens Iran Escalation Fears

Binance Reserves US$6.34 Billion to Cover Losses as Partners Freeze US$3 Billion in Crypto

Binance Hit by Record US$6.3 Billion Crypto Theft as Analysts Point to North Korea