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Rain to Continue Across Sri Lanka on October 23; Southwest Wet Weather Expected Until October 27

Oct 22, 20263 weeks ago 2 min read

COLOMBO, October 22, 2026 — Rain is expected across Sri Lanka throughout October 23, while wet weather in the southwestern parts of the country is…

Trump Says US Is Not Negotiating with Iran, Signals Developments ‘Fairly Soon’

Oct 22, 20263 weeks ago 2 min read

WASHINGTON, October 22, 2026 — US President Donald Trump said Washington is not negotiating with Iran and indicated that developments could come soon, as uncertainty…

Sri Lanka’s Tea Export Earnings Top US$1 Billion as Rupee Revenue Rises Despite Dollar Decline

Oct 21, 20263 weeks ago 3 min read

COLOMBO, October 21, 2026 — Sri Lanka earned approximately US$1.083 billion from tea exports during the first nine months of 2026, crossing the billion-dollar mark…

Access Engineering Expects Rs. 310 Million Company-Level Loss from Logistics Project Exit

Oct 21, 20263 weeks ago 2 min read

COLOMBO, October 21, 2026 — Access Engineering PLC expects to recognise a loss of approximately Rs. 310 million in its standalone company financial statements following…

Colombo Bourse Loses Rs. 324 Billion in October as ASPI Falls Below 20,000

Oct 21, 20263 weeks ago 2 min read

COLOMBO, October 21, 2026 — The Colombo Stock Exchange’s total market capitalisation has fallen by nearly Rs. 324 billion since the beginning of October, with…

BIZ BREAKING

Budget 2027 Targets Rs. 6.18 Trillion in Revenue and Grants, Deficit at 4.5% of GDP

November 13, 2026

COLOMBO, November 13, 2026 — Sri Lanka’s 2027 Budget estimates total government revenue and grants at Rs. 6,180 billion, with…

BUSINESS

ComBank takes Q+ digital payments drive to Jaffna ahead of Nallur Festival

September 8, 2026

Canvasses more than 350 merchants and activates cashback campaign with…

BUSINESS

Sri Lanka, Japan step up efforts to address investor concerns and develop export-oriented industrial corridor

September 8, 2026

The Board of Investment of Sri Lanka (BOI) recently hosted…

BUSINESS

Home Lands completes 60% piling work of ‘Central Park Boulevard Port City Colombo’

September 8, 2026

Home Lands yesterday announced that Central Park Boulevard Port City…

BIZ BREAKING

BUSINESS

Ceylon Chamber Says Budget 2027 Could Do More to Attract Foreign Investment

ECONOMY

SEC Welcomes Budget 2027 Measures to Broaden Capital Market Access for Students and SMEs

MARKETS

Colombo Stocks Fall After Budget Presentation; ASPI Drops 133 Points

NATION

Opposition Launches oversight.lk to Track Government Budget Performance

World

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

BIZ BREAKING

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Latest news

Fuel Prices Rise as New Rates Take Effect Across Sri Lanka

Paperless Customs Declaration Process Takes Effect Across Sri Lanka

CSE Indices Close Lower as Turnover Tops Rs. 1.6 Billion

Russia Launches Largest Attack on Ukraine Energy Infrastructure Since Spring

Rain to Continue Across Sri Lanka on October 23; Southwest Wet Weather Expected Until October 27

Trump Says US Is Not Negotiating with Iran, Signals Developments ‘Fairly Soon’

Sri Lanka’s Tea Export Earnings Top US$1 Billion as Rupee Revenue Rises Despite Dollar Decline

Access Engineering Expects Rs. 310 Million Company-Level Loss from Logistics Project Exit

Colombo Bourse Loses Rs. 324 Billion in October as ASPI Falls Below 20,000

Budget 2027 Targets Rs. 6.18 Trillion in Revenue and Grants, Deficit at 4.5% of GDP

ComBank takes Q+ digital payments drive to Jaffna ahead of Nallur Festival

Sri Lanka, Japan step up efforts to address investor concerns and develop export-oriented industrial corridor

Home Lands completes 60% piling work of ‘Central Park Boulevard Port City Colombo’

BIZ BREAKING

Budget 2027 Targets Rs. 6.18 Trillion in Revenue and Grants, Deficit at 4.5% of GDP

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

CBSL Bars EY Audit Partners from Banking Audits Following Rs. 13.6 Billion NDB Fraud

BUSINESS

Ceylon Chamber Says Budget 2027 Could Do More to Attract Foreign Investment

Hayleys Reports US$1 Billion First-Half Revenue Milestone as Pre-Tax Profit Rises 49%

ComBank Group Nine-Month Income Rises 18.9% to Rs. 318.8 Billion; Profit Reaches Rs. 52.2 Billion

ECONOMY

SEC Welcomes Budget 2027 Measures to Broaden Capital Market Access for Students and SMEs

President to Present 2027 Budget Today with Rs. 4.99 Trillion in Proposed Expenditure

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

MARKETS

Colombo Stocks Fall After Budget Presentation; ASPI Drops 133 Points

Colombo Stocks Close Higher as Turnover Tops Rs. 3 Billion

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

NATION

Opposition Launches oversight.lk to Track Government Budget Performance

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

CBSL Clarifies EY Remains Eligible to Audit Licensed Banks

World

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

Oil Plunges More Than US$7 as Trump Signals Restraint on Iran Strikes

China Extends Suspension of 24% Additional Tariff on US Goods for Two Months