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Sri Lanka and Australia Agree to Deepen Cooperation in Trade, Defence and Maritime Affairs

Sep 30, 20263 weeks ago 3 min read

COLOMBO, September 30, 2026 — Sri Lanka and Australia have agreed to strengthen bilateral cooperation across trade, defence, education, agriculture and maritime affairs following high-level…

Cabinet Awards Rs.2.89 Billion Baseline Road Extension Contract to Maga Engineering

Sep 30, 20263 weeks ago 3 min read

COLOMBO, September 30, 2026 — The Government has awarded a Rs.2.89 billion contract to Maga Engineering Ltd. for the third phase of the Baseline Road…

Rs.160 Million Diesel Discrepancy at Lakvijaya Power Plant Triggers Internal Probe

Sep 30, 20263 weeks ago 4 min read

COLOMBO, September 30, 2026 — An internal investigation has been launched into a diesel discrepancy exceeding Rs.160 million at the Lakvijaya Power Plant in Norochcholai,…

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

Sep 30, 20263 weeks ago 4 min read

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

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

BIZ BREAKING

Brent Crude Hits Five-Month High of US$113.17 as Houthi Attacks Raise Supply Fears

October 23, 2026

COLOMBO, October 23, 2026 — Global oil prices rose sharply on Thursday, with Brent crude reaching a five-month closing high…

BUSINESS

Sri Lanka hosts 11 Asian nations to showcase JICA-backed farming success

September 8, 2026

The Japan International Cooperation Agency (JICA) and the Agriculture Department…

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…

BIZ BREAKING

BUSINESS

Sri Lankan Firms Explore Maldives Hospitality Market at Hotel Asia 2026

ECONOMY

Sri Lanka’s NCPI Inflation Steady at 8.1% in September as Food Prices Accelerate

MARKETS

Colombo Stocks End Week Lower as ASPI Loses 2.5%; Daily Turnover Averages Rs. 972 Million

NATION

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

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Latest news

NDB Reports Rs. 7.7 Billion Nine-Month Profit After Fraud Charges; Q3 Earnings Reach Rs. 2.9 Billion

Sri Lanka’s NCPI Inflation Steady at 8.1% in September as Food Prices Accelerate

Colombo Stocks Close Lower as Crossings Drive Turnover Above Rs. 1.5 Billion

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

Sri Lanka and Australia Agree to Deepen Cooperation in Trade, Defence and Maritime Affairs

Cabinet Awards Rs.2.89 Billion Baseline Road Extension Contract to Maga Engineering

Rs.160 Million Diesel Discrepancy at Lakvijaya Power Plant Triggers Internal Probe

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

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

Brent Crude Hits Five-Month High of US$113.17 as Houthi Attacks Raise Supply Fears

Sri Lanka hosts 11 Asian nations to showcase JICA-backed farming success

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

BIZ BREAKING

Brent Crude Hits Five-Month High of US$113.17 as Houthi Attacks Raise Supply Fears

ADB Approves US$100 Million to Expand Livelihood Support and Social Protection in Sri Lanka

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

BUSINESS

Sri Lankan Firms Explore Maldives Hospitality Market at Hotel Asia 2026

Hayleys Solar Launches 24/7 Operations Centre to Monitor Renewable Energy Assets

NDB Reports Rs. 7.7 Billion Nine-Month Profit After Fraud Charges; Q3 Earnings Reach Rs. 2.9 Billion

ECONOMY

Sri Lanka’s NCPI Inflation Steady at 8.1% in September as Food Prices Accelerate

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

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

MARKETS

Colombo Stocks End Week Lower as ASPI Loses 2.5%; Daily Turnover Averages Rs. 972 Million

Colombo Stocks End Lower as Crossings Account for 77.6% of Turnover

Colombo Stocks Close Lower as Crossings Drive Turnover Above Rs. 1.5 Billion

NATION

All Three Norochcholai Units Reconnected to National Grid Following October 17 Outage

Hambantota Port Targets Two Million TEU Capacity as Suez Return Opens New Opportunities

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

World

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

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

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