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

Oct 13, 20264 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, 20264 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, 20264 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…

MARKETS

CSE Indices End Lower as Key Stocks Decline

September 18, 2026

COLOMBO, September 18, 2026 — The Colombo Stock Exchange (CSE)…

ECONOMY

CBSL Exchange Rates: US Dollar Selling Rate Rises to Rs. 336.92

September 17, 2026

The Sri Lankan Rupee weakened slightly against the US Dollar…

WORLD

Zhang Yiming Becomes Asia’s Richest Person Driven by ByteDance’s AI Surge

September 17, 2026

Zhang Yiming, the 43-year-old founder of TikTok parent company ByteDance,…

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

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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

CSE Indices End Lower as Key Stocks Decline

CBSL Exchange Rates: US Dollar Selling Rate Rises to Rs. 336.92

Zhang Yiming Becomes Asia’s Richest Person Driven by ByteDance’s AI Surge

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

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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

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NATION

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

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World

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