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Central Bank Governor Highlights Policy Credibility and Price Stability at RBI Conference

Oct 20, 20263 weeks ago 2 min read

COLOMBO, October 20, 2026 — Central Bank of Sri Lanka Governor Dr. P. Nandalal Weerasinghe has stressed the importance of institutional credibility, strong monetary policy…

Vidullanka–David Pieris Solar Plant Adds 10 MW to Sri Lanka’s National Grid

Oct 20, 20263 weeks ago 2 min read

COLOMBO, October 20, 2026 — Vidullanka PLC and David Pieris Motor Company have inaugurated a 10 MW solar power plant in Ranna, expanding Sri Lanka’s…

Colombo Stocks Close Lower as Key Shares Decline; Turnover Tops Rs. 680 Million

Oct 20, 20263 weeks ago 2 min read

COLOMBO, October 20, 2026 — Colombo stock market indices closed lower as price declines in Dialog Axiata, Hatton National Bank and Hemas Holdings weighed on…

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…

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…

NATION

Yala’s Drought Shows the Growing Cost of Climate Stress on Sri Lanka Tourism

September 8, 2026

YALA, Sri Lanka, Sept 8 (Reuters) – Mugger crocodiles bask…

NATION

Reservoir levels fall near 50% amid dry spell

September 8, 2026

Water levels in reservoirs across Sri Lanka have dropped to…

NATION

Sri Lanka Tourism Faces Fresh Pressure as War Drives Up Energy Costs

September 8, 2026

Sri Lanka’s tourism sector is facing a more challenging 2026…

BIZ BREAKING

BUSINESS

Sri Lankan Fruit Experts and Chinese Entrepreneurs Explore Agricultural Cooperation

ECONOMY

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

MARKETS

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

World

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

BIZ BREAKING

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Latest news

Export Manufacturers Can Access TIEP Tax Concessions Through Industry Ministry: Handunnetti

Port City Colombo FinTech Dialogue Calls for Two-Year Growth Roadmap

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

Plantation Sector Calls for Longer Leases and Investment Reforms as Costs Rise and Output Falls

Central Bank Governor Highlights Policy Credibility and Price Stability at RBI Conference

Vidullanka–David Pieris Solar Plant Adds 10 MW to Sri Lanka’s National Grid

Colombo Stocks Close Lower as Key Shares Decline; Turnover Tops Rs. 680 Million

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

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

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

Yala’s Drought Shows the Growing Cost of Climate Stress on Sri Lanka Tourism

Reservoir levels fall near 50% amid dry spell

Sri Lanka Tourism Faces Fresh Pressure as War Drives Up Energy Costs

BIZ BREAKING

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

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

BUSINESS

Sri Lankan Fruit Experts and Chinese Entrepreneurs Explore Agricultural Cooperation

Dialog Nine-Month Profit Jumps 92% to Rs. 28.5 Billion; Digital Investment Reaches Rs. 27.4 Billion

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

ECONOMY

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

Higher Wages, Lower Living Standards: Sri Lanka’s Real Take-Home Pay, 2017–2026

MARKETS

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

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

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