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CSE Closes in Red as Hemas, LOLC Holdings and Cargills Weigh on Market Sentiment

Oct 13, 20263 weeks ago 3 min read

COLOMBO, October 13, 2026 — Sri Lanka’s stock market closed lower as selling pressure on heavyweight counters, including Hemas Holdings, LOLC Holdings and Cargills, dragged…

Sri Lanka to Provide Rs. 6,000 Stationery Allowance to 1.5 Million Students in 2027

Oct 13, 20263 weeks ago 3 min read

COLOMBO, October 13, 2026 — The Government has approved the continuation of its school stationery assistance programme for 2027, providing Rs. 6,000 each to 1.5…

US Hopes Russian Diesel Deal Will Help Bring Moscow Back to Ukraine Peace Talks

Oct 13, 20263 weeks ago 7 min read

WASHINGTON, October 13, 2026 — The Trump administration is seeking to use a controversial deal allowing Russian diesel exports to encourage Moscow to resume negotiations…

FCCISL and Department of Commerce Step Up Coordination to Drive Sri Lanka’s US$36 Billion Export Target

Oct 12, 20264 weeks ago 6 min read

Department of Commerce consultation with trade chambers and industry associations COLOMBO, October 12, 2026 — The Federation of Chambers of Commerce and Industry of Sri…

Sungrow Commissions Sri Lanka’s 10 MW/40 MWh Battery Storage Project in Galle

Oct 12, 20264 weeks ago 5 min read

GALLE, October 12, 2026 — Global renewable energy technology supplier Sungrow has commissioned a 10 MW/40 MWh battery energy storage system (BESS) developed by WKV…

BIZ BREAKING

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…

BUSINESS

DIMO and Union Bank Join Forces to Expand Vehicle Financing Options

September 16, 2026

COLOMBO, September 16, 2026 — DIMO has partnered with Union…

BIZ BREAKING

Cabinet Approves US$112 Million Waterfront Investment in Colombo Port City

September 16, 2026

COLOMBO, September 16, 2026 — The Cabinet of Ministers has…

NATION

Rumesh Tharanga returns to Sri Lanka after victory at World Athletics Ultimate Championship

September 15, 2026

Sri Lankan javelin star Rumesh Tharanga has returned to the…

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

BIZ BREAKING

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Latest news

BRICS Summit 2026: New Delhi Declaration Signals Deeper Trade, Local-Currency Payments and a More Integrated Emerging-Market Economy

Motor Show 2026 Opens in Colombo, Putting Sri Lanka’s Automotive Business Market in the Spotlight

Colombo Stock Exchange Breaks Three-Day Losing Streak, Ends Week Higher

CMTA Warns of Rs. 40 Billion Revenue Loss, Calls for Fairer Vehicle Tax Rules

CSE Closes in Red as Hemas, LOLC Holdings and Cargills Weigh on Market Sentiment

Sri Lanka to Provide Rs. 6,000 Stationery Allowance to 1.5 Million Students in 2027

US Hopes Russian Diesel Deal Will Help Bring Moscow Back to Ukraine Peace Talks

FCCISL and Department of Commerce Step Up Coordination to Drive Sri Lanka’s US$36 Billion Export Target

Sungrow Commissions Sri Lanka’s 10 MW/40 MWh Battery Storage Project in Galle

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

DIMO and Union Bank Join Forces to Expand Vehicle Financing Options

Cabinet Approves US$112 Million Waterfront Investment in Colombo Port City

Rumesh Tharanga returns to Sri Lanka after victory at World Athletics Ultimate Championship

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