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China Merchants’ Exit from US$392 Million Colombo Logistics Project Raises Investment Concerns

Oct 20, 20263 weeks ago 4 min read

COLOMBO, October 20, 2026 — China Merchants Port Holdings’ withdrawal from a US$392 million logistics development at the Port of Colombo has raised concerns over…

China’s Third-Quarter Growth Reaches 4.5%, Narrowly Beating Forecasts

Oct 20, 20263 weeks ago 4 min read

BEIJING, October 20, 2026 — China’s economy expanded by 4.5% in the third quarter, slightly exceeding market expectations as strong exports helped offset weak domestic…

Sri Lanka’s 2027 Budget Expenditure Set to Rise 12.6% to Rs. 4.99 Trillion

Oct 19, 20263 weeks ago 3 min read

COLOMBO, October 19, 2026 — Sri Lanka’s total government expenditure is projected to increase by 12.6% to Rs. 4.993 trillion in 2027, from Rs. 4.434…

Sri Lanka Records US$2.24 Billion in Tourism Earnings in First Nine Months

Oct 19, 20263 weeks ago 2 min read

COLOMBO, October 19, 2026 — Sri Lanka generated US$2.245 billion in tourism earnings during the first nine months of 2026, although revenue from the sector…

SANKEN GEN Established as Independent International Group Following Five Decades of Construction Delivery Across Three Continents

Oct 19, 20263 weeks ago 3 min read

COLOMBO, October 19, 2026 — SANKEN GEN has been established as an independent international group, bringing together the Group’s overseas construction operations, real estate interests…

BIZ BREAKING

President Reviews Final 2027 Budget Proposals, Pledges Wider Benefits from Economic Stability

November 11, 2026

COLOMBO, November 11, 2026 — President Anura Kumara Dissanayake has reviewed the final proposals for the 2027 Budget, saying it…

WORLD

Handful of Men Have Almost Unlimited Power Over AI : UN Rights Chief

September 8, 2026

United Nations High Commissioner for Human Rights Volker Türk has…

WORLD

Panama Canal May Slash Ship Traffic Further as Powerful El Niño Intensifies

September 8, 2026

Panama could impose further restrictions on ship traffic through the…

WORLD

Journalists missing in Indonesia after volcano mission

September 8, 2026

Indonesian teams were searching on Tuesday for seven people including…

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ECONOMY

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

MARKETS

ASPI Surges 592 Points Above 22,000 as CSE Turnover Hits Rs. 7.95 Billion

NATION

Handunnetti Participates as National Sathosa Opens First Wholesale Outlet in Matara Following Revival

November 11, 2026

CBSL Clarifies EY Remains Eligible to Audit Licensed Banks

November 11, 2026

Industry Minister raises performance-based reward scheme with President as productivity competition returns after five-year gap

November 11, 2026

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Nvidia Falls Nearly 7.5% at Open, Erasing US$335 Billion Before Paring Losses

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China Merchants’ Exit from US$392 Million Colombo Logistics Project Raises Investment Concerns

China’s Third-Quarter Growth Reaches 4.5%, Narrowly Beating Forecasts

Sri Lanka’s 2027 Budget Expenditure Set to Rise 12.6% to Rs. 4.99 Trillion

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SANKEN GEN Established as Independent International Group Following Five Decades of Construction Delivery Across Three Continents

President Reviews Final 2027 Budget Proposals, Pledges Wider Benefits from Economic Stability

Handful of Men Have Almost Unlimited Power Over AI : UN Rights Chief

Panama Canal May Slash Ship Traffic Further as Powerful El Niño Intensifies

Journalists missing in Indonesia after volcano mission

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President Reviews Final 2027 Budget Proposals, Pledges Wider Benefits from Economic Stability

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HIPG and Al-Futtaim Logistics Explore Stronger Gulf Vehicle Links and Port Investment Opportunities

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

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Handunnetti Participates as National Sathosa Opens First Wholesale Outlet in Matara Following Revival

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Nvidia Falls Nearly 7.5% at Open, Erasing US$335 Billion Before Paring Losses

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