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Petrol-Only Vehicles Fall Below 50% of Global Auto Market for First Time

Oct 15, 20263 weeks ago 5 min read

TOKYO, October 15, 2026 — Petrol-only vehicles accounted for less than half of global new-vehicle sales for the first time in the first half of…

Oil Prices Surge as Iran’s New Hormuz Tactics Raise Global Supply Fears

Oct 14, 20263 weeks ago 4 min read

COLOMBO, October 14, 2026 — Global oil prices climbed on Wednesday as attacks on commercial vessels in the Strait of Hormuz and reports of new…

Sri Lanka Takes EXPO 2027 Investment and Export Opportunities to Thai Business Community

Oct 14, 20263 weeks ago 4 min read

BANGKOK, October 14, 2026 — Sri Lanka is stepping up efforts to strengthen trade and investment ties with Thailand ahead of Sri Lanka EXPO 2027,…

Sri Lanka Courts Investors With Renewable Energy, Port Expansion and Rs. 2 Trillion Capital Spending Plan

Oct 14, 20263 weeks ago 7 min read

COLOMBO, October 14, 2026 — President Anura Kumara Dissanayake has outlined an investment-led economic strategy centred on renewable energy, port infrastructure, rural enterprise development and…

CSE Extends Losses as Dialog, Commercial Bank and HNB Weigh on Indices

Oct 14, 20263 weeks ago 2 min read

COLOMBO, October 14, 2026 — Sri Lanka’s stock market closed lower, with losses in heavyweight counters including Dialog Axiata, Commercial Bank and Hatton National Bank…

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

November 6, 2026

COLOMBO, November 6, 2026 — A high-level dialogue at Port City Colombo has highlighted the need for a two-year actionable…

NATION

Deputy Minister rejects claims of shifting tax terms at Port City after investor backlash

September 8, 2026

Industry and Entrepreneurship Development Deputy Minister Chathuranga Abeysinghe was drawn…

NATION

President expects favourable SC ruling on controversial 22nd Amendment

September 8, 2026

President Anura Kumara Dissanayake said the 22nd Amendment to the…

NATION

India’s defence minister Rajnath Singh to visit Sri Lanka today

September 8, 2026

Indian Defence Minister Rajnath Singh is scheduled to arrive in…

BUSINESS

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

ECONOMY

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

MARKETS

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

NATION

Port City Colombo Holds First India Investor Forum to Strengthen Bilateral Economic Ties

World

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

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Latest news

Colombo Stocks Close Higher as Banking Gains Lift Turnover Above Rs. 3.9 Billion

Fitch Upgrades People’s Leasing, MBSL and CBC Finance; Outlooks Stable

ASPI Surges 478 Points as CSE Turnover Tops Rs. 2 Billion in First Hour

‘Next Barack Obama’ Emerges as Clear Frontrunner for 2028 US Presidential Race

Petrol-Only Vehicles Fall Below 50% of Global Auto Market for First Time

Oil Prices Surge as Iran’s New Hormuz Tactics Raise Global Supply Fears

Sri Lanka Takes EXPO 2027 Investment and Export Opportunities to Thai Business Community

Sri Lanka Courts Investors With Renewable Energy, Port Expansion and Rs. 2 Trillion Capital Spending Plan

CSE Extends Losses as Dialog, Commercial Bank and HNB Weigh on Indices

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

Deputy Minister rejects claims of shifting tax terms at Port City after investor backlash

President expects favourable SC ruling on controversial 22nd Amendment

India’s defence minister Rajnath Singh to visit Sri Lanka today

BIZ BREAKING

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

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

ASPI Surges 478 Points as CSE Turnover Tops Rs. 2 Billion in First Hour

BUSINESS

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

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

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

ECONOMY

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

CPC Raises Petrol and Diesel Prices; Lanka IOC Matches Two Fuel Rates

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

MARKETS

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

Colombo Stocks Close Higher as Banking Gains Lift Turnover Above Rs. 3.9 Billion

Colombo Stocks Rise as Dialog, Overseas Realty and Hayleys Lead Gains; Turnover Tops Rs. 1.5 Billion

NATION

Port City Colombo Holds First India Investor Forum to Strengthen Bilateral Economic Ties

Fitch Upgrades People’s Leasing, MBSL and CBC Finance; Outlooks Stable

Cabinet Approves Rs. 3.33 Billion to Restore Cyclone-Damaged Roads

World

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

‘Next Barack Obama’ Emerges as Clear Frontrunner for 2028 US Presidential Race

Laurini Officine Meccaniche Unveils 150-Ton Demolition Giant with 50-Meter Reach at World Demolition Summit in Madrid