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ADB Approves $100 Million Loan to Strengthen Sri Lanka’s Skills and Youth Employment

Oct 2, 20264 weeks ago 3 min read

COLOMBO, October 2, 2026 — The Asian Development Bank (ADB) has approved a $100 million results-based loan to support Sri Lanka’s efforts to modernise its…

Sri Lanka Plans Simpler Tax System, Customs Levies to Be Phased Out From 2027

Oct 2, 20264 weeks ago 3 min read

COLOMBO, October 2, 2026 — The government plans to introduce a simplified tax framework from 2027, including the gradual removal of additional levies imposed alongside…

Rs. 22 Billion Uma Oya Development Project to Benefit 5,000 Families

Oct 2, 20264 weeks ago 2 min read

COLOMBO, October 2, 2026 — A Rs. 22.017 billion development project aimed at strengthening irrigation and water security in Monaragala is expected to benefit approximately…

CSE Snaps Six-Session Losing Streak as Buying Interest Improves

Oct 2, 20264 weeks ago 3 min read

COLOMBO, October 2, 2026 — The Colombo Stock Exchange snapped a six-session losing streak on Thursday, with both benchmark indices closing higher as buying interest…

India Approves $19 Billion Programme to Expand Renewable Energy Grid

Oct 2, 20264 weeks ago 3 min read

NEW DELHI, October 2, 2026 — India’s Cabinet has approved a Rs. 1.86 trillion (US$19.42 billion) investment programme to strengthen the country’s power transmission network…

BIZ BREAKING

Sri Lanka Begins APG Review of Anti-Money Laundering and Counter-Terrorism Financing Framework

October 28, 2026

COLOMBO, October 28, 2026 — Sri Lanka’s third mutual evaluation by the Asia/Pacific Group on Money Laundering (APG) has commenced,…

MARKETS

Stocks Slip as Rising Oil, Inflation Risks and Geopolitical Tensions Rattle Markets

September 8, 2026

Global stocks edged lower on Monday as surging oil prices,…

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…

BIZ BREAKING

BUSINESS

IMF Technology Chief Urges Strong Governance and Public Trust in AI-Driven Central Banking

ECONOMY

Cabinet Clears US$100 Million ADB Loan Agreement for Economic Recovery Programme

MARKETS

CSE Targets Record Rs. 200 Billion in Capital Raising as New Investment Products Take Shape

NATION

President Orders Faster Completion of Katunayake Airport Capacity Expansion Projects

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Latest news

Paperless Customs Declaration Process Takes Effect Across Sri Lanka

CSE Indices Close Lower as Turnover Tops Rs. 1.6 Billion

Russia Launches Largest Attack on Ukraine Energy Infrastructure Since Spring

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

ADB Approves $100 Million Loan to Strengthen Sri Lanka’s Skills and Youth Employment

Sri Lanka Plans Simpler Tax System, Customs Levies to Be Phased Out From 2027

Rs. 22 Billion Uma Oya Development Project to Benefit 5,000 Families

CSE Snaps Six-Session Losing Streak as Buying Interest Improves

India Approves $19 Billion Programme to Expand Renewable Energy Grid

Sri Lanka Begins APG Review of Anti-Money Laundering and Counter-Terrorism Financing Framework

Stocks Slip as Rising Oil, Inflation Risks and Geopolitical Tensions Rattle Markets

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

ComBank takes Q+ digital payments drive to Jaffna ahead of Nallur Festival

BIZ BREAKING

Sri Lanka Begins APG Review of Anti-Money Laundering and Counter-Terrorism Financing Framework

Asian Stocks Rally as Anthropic IPO Filing Revives AI Optimism Ahead of Major Earnings

Lanka IOC and Sinopec Raise Octane 95 Petrol Prices by Rs. 20 to Rs. 495

BUSINESS

IMF Technology Chief Urges Strong Governance and Public Trust in AI-Driven Central Banking

LAUGFS Gas Explores Investment and Potential Stake Sale in Hambantota LPG Terminal

Sri Lankan Pharmaceutical Firms Explore Export and Technology Partnerships at CPHI Milan

ECONOMY

Cabinet Clears US$100 Million ADB Loan Agreement for Economic Recovery Programme

Sri Lanka’s Exports Reach US$13.6 Billion in Nine Months as September Sets Monthly Record

Vegetable Prices Rise Amid Rainy Weather; Tomatoes Reach Rs. 650 a Kilogram Wholesale

MARKETS

CSE Targets Record Rs. 200 Billion in Capital Raising as New Investment Products Take Shape

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

NATION

President Orders Faster Completion of Katunayake Airport Capacity Expansion Projects

Sri Lanka Navy Officer Honoured for Near-Perfect GPA and Awards at US Naval Postgraduate School

Norochcholai’s Second Generating Unit Shut for Maintenance; No Power Disruptions Expected

World

Luxury World Cruise Suspended in Cambodia as Soaring Fuel Costs Strand Passengers

Bolsonaro’s Party Recognises Lula Victory as Trump Questions Brazil Election Without Evidence

Lula Wins Brazil’s Presidential Runoff to Secure Fourth Term