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Prime Expands Sri Lankan Real Estate’s Global Reach, Driving FDI and Foreign Currency Inflows

Oct 8, 20264 weeks ago 3 min read

MELBOURNE, October 8, 2026 — Prime Group is strengthening Sri Lanka’s position as an international real estate investment destination, following recognition for its contribution to…

Sri Lanka’s Official Reserve Assets Fall 1.1% to US$6.85 Billion in September

Oct 8, 20264 weeks ago 2 min read

COLOMBO, October 8, 2026 — Sri Lanka’s official reserve assets declined by 1.1% in September 2026, falling to US$6.851 billion from US$6.929 billion recorded in…

CSE Ends Lower as ASPI and S&P SL20 Decline on Broad-Based Selling

Oct 8, 20264 weeks ago 2 min read

COLOMBO, October 8, 2026 — Sri Lanka’s stock market ended the session in negative territory today, with both the All Share Price Index (ASPI) and…

Trump Administration Proposes Up to $70,000 Fee for International Students Seeking Work Training

Oct 8, 20264 weeks ago 3 min read

WASHINGTON, October 8, 2026 — The Trump administration has proposed a major increase in fees for international students seeking work-based training in the United States,…

BOI Accelerates Northern Province Investment Drive with Two New Export Processing Zones

Oct 7, 20264 weeks ago 4 min read

JAFFNA, October 7, 2026 — The Board of Investment of Sri Lanka (BOI) is accelerating plans to transform the Northern Province into a new investment…

BIZ BREAKING

Sri Lanka’s Exports Hit Record US$1.38 Billion, but September Current Account Posts US$128 Million Deficit

November 2, 2026

COLOMBO, November 2, 2026 — Sri Lanka recorded its highest-ever monthly merchandise export earnings of US$1.377 billion in September 2026,…

NATION

Yala National Park Zones 1 and 2 to close from Sept. 14

September 8, 2026

It has been decided to close Zones 01 and 02…

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…

BIZ BREAKING

BUSINESS

Home Lands Showcases Sri Lankan Property Investment Opportunities in Ottawa

ECONOMY

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

MARKETS

ASPI Falls 10.97% in Ten Months as October Wipes Rs. 441 Billion Off Market Value

NATION

Fuel Import Costs Up 50%, Limiting Price Relief Despite Rs. 57 Billion Subsidy Allocation: Minister

World

Oil Prices Rise After Reported US Strike on Iran’s Qeshm Island

BIZ BREAKING

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Latest news

Foreign Reserves Rise to USD 6,905 Million

Sri Lanka Central Bank buys US$579mn in August amid rupee appreciation

Sri Lanka stocks trend up Friday, Kotagala to absorb subsidiary

Sri Lanka rupee at 328.20/40 to US dollar spot, bond yields flat

Prime Expands Sri Lankan Real Estate’s Global Reach, Driving FDI and Foreign Currency Inflows

Sri Lanka’s Official Reserve Assets Fall 1.1% to US$6.85 Billion in September

CSE Ends Lower as ASPI and S&P SL20 Decline on Broad-Based Selling

Trump Administration Proposes Up to $70,000 Fee for International Students Seeking Work Training

BOI Accelerates Northern Province Investment Drive with Two New Export Processing Zones

Sri Lanka’s Exports Hit Record US$1.38 Billion, but September Current Account Posts US$128 Million Deficit

Yala National Park Zones 1 and 2 to close from Sept. 14

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

President expects favourable SC ruling on controversial 22nd Amendment

BIZ BREAKING

Sri Lanka’s Exports Hit Record US$1.38 Billion, but September Current Account Posts US$128 Million Deficit

Fitch Upgrades BOC, People’s Bank and Commercial Bank; Downgrades Cargills Bank

Union Bank’s Nine-Month Profit After Tax More Than Doubles to Rs. 701 Million

BUSINESS

Home Lands Showcases Sri Lankan Property Investment Opportunities in Ottawa

Sri Lanka Launches AgriConnect with US$665 Million in Investment Backing to Support Farmers and Agribusinesses

Japan Grants Rs. 4.56 Billion for Kelani River Pumping Project to Protect Businesses and Communities

ECONOMY

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

World Bank Forecasts 23% Rise in Commodity Prices as Energy and Food Costs Climb

MARKETS

ASPI Falls 10.97% in Ten Months as October Wipes Rs. 441 Billion Off Market Value

CSE Recovery Enters Third Session as ASPI Jumps 297 Points Above 20,250

Colombo Stocks Rise as Banking and Telecom Gains Lift Turnover Above Rs. 2.2 Billion

NATION

Fuel Import Costs Up 50%, Limiting Price Relief Despite Rs. 57 Billion Subsidy Allocation: Minister

Centrum Air Connects Tashkent and Mattala with Twice-Weekly Direct Flights

Central Bank Names 27 Prohibited Scheme Entries, Warns Public Over Companies and Apps

World

Oil Prices Rise After Reported US Strike on Iran’s Qeshm Island

Tucker Carlson Warns of Possible Nuclear Strike on Iran Within Days — Markets and Energy Supply at Risk.

Oil Hits Six-Month High as Hormuz Tanker Attack Deepens Iran Escalation Fears