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CBSL Holds Policy Rate at 8.75% as Inflation and External Risks Persist

Sep 30, 20263 weeks ago 4 min read

CBSL Holds Policy Rate at 8.75% as Inflation and External Risks Persist

COLOMBO, September 30, 2026 — The Central Bank of Sri Lanka (CBSL) has kept its Overnight Policy Rate (OPR) unchanged at 8.75%, opting to maintain…

US Forces Complete Iraq Withdrawal, Raising Concerns Over Iran’s Growing Influence

Sep 30, 20263 weeks ago 4 min read

US Forces Complete Iraq Withdrawal, Raising Concerns Over Iran’s Growing Influence

BAGHDAD, September 30, 2026 — The United States is completing the withdrawal of its forces from their remaining bases in Iraq, ending more than two…

Sri Lanka Targets Saudi Capital for New Investment and Development Partnerships

Sep 29, 20263 weeks ago 5 min read

Sri Lanka Targets Saudi Capital for New Investment and Development Partnerships

COLOMBO, September 29, 2026 — Sri Lanka is stepping up efforts to attract Saudi investment into new development projects, seeking to transform its longstanding relationship…

Sri Lanka Targets Malaysian Investment as Country Positions for Next Growth Phase

Sep 29, 20263 weeks ago 5 min read

Sri Lanka Targets Malaysian Investment as Country Positions for Next Growth Phase

KUALA LUMPUR, September 29, 2026 — Sri Lanka is seeking to deepen economic and investment ties with Malaysia by inviting Malaysian companies to participate in…

Rumesh Pathirage Strikes Asian Games Gold with 88.55m Javelin Throw

Sep 29, 20263 weeks ago 3 min read

Rumesh Pathirage Strikes Asian Games Gold with 88.55m Javelin Throw

SRI LANKA, September 29, 2026 — Sri Lankan javelin star Rumesh Pathirage has secured the Asian Games gold medal with a commanding 88.55-metre throw, capping…

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

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

October 21, 2026

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

CSE Closes Higher as Dialog Axiata, Distilleries Lead Gains; Weekly Indices Remain Lower

October 17, 2026

COLOMBO, October 17, 2026 — Sri Lanka’s stock market ended…

Oil Prices Hit $110 a Barrel as Middle East Tensions Raise Supply Concerns

October 17, 2026

LONDON, October 17, 2026 — Global oil prices have climbed…

Sri Lanka Seeks EU Investment Under €300 Billion Global Gateway Initiative

October 16, 2026

COLOMBO, October 16, 2026 — Sri Lanka has sought European…

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BIZ BREAKING

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

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

October 21, 2026

Rs. 3 Billion HLAB Fund Launched to Back Business Growth; First Capital Commits Rs. 300 Million

Rs. 3 Billion HLAB Fund Launched to Back Business Growth; First Capital Commits Rs. 300 Million

October 20, 2026

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

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

October 19, 2026

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BUSINESS

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

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

October 21, 2026

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

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

October 20, 2026

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

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

October 19, 2026

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ECONOMY

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

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

October 20, 2026

Litro Gas Shipment Carrying 3,900 MT of LPG Scheduled to Arrive Today

Litro Gas Shipment Carrying 3,900 MT of LPG Scheduled to Arrive Today

October 18, 2026

Colombo Port Handles US$30 Billion in U.S.-Related Cargo Annually

Colombo Port Handles US$30 Billion in U.S.-Related Cargo Annually

October 17, 2026

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MARKETS

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

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

October 21, 2026

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

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

October 20, 2026

CSE Closes Higher as Dialog Axiata, Distilleries Lead Gains; Weekly Indices Remain Lower

CSE Closes Higher as Dialog Axiata, Distilleries Lead Gains; Weekly Indices Remain Lower

October 17, 2026

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NATION

PUCSL Approves Power Cuts Across Four Groups for October 21

PUCSL Approves Power Cuts Across Four Groups for October 21

October 21, 2026

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

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

October 20, 2026

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

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

October 19, 2026

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World

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

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

October 20, 2026

Trump to Take Up to 60 Days to Review Russia Sanctions, Rubio Says

Trump to Take Up to 60 Days to Review Russia Sanctions, Rubio Says

October 18, 2026

Oil Prices Hit $110 a Barrel as Middle East Tensions Raise Supply Concerns

Oil Prices Hit $110 a Barrel as Middle East Tensions Raise Supply Concerns

October 17, 2026

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BIZ BREAKING

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