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Dipped Products Opens Rs. 4.2 Billion Glove Manufacturing Plant in Katunayake EPZ

Oct 13, 20264 weeks ago 2 min read

KATUNAYAKE, October 13, 2026 — Dipped Products PLC (DPL), the Hayleys Group’s glove manufacturing business, has commenced operations at a new Rs. 4.2 billion manufacturing…

MF Projects Sri Lanka’s Economic Growth to Moderate to 3.7% in 2027

Oct 13, 20264 weeks ago 3 min read

COLOMBO, October 13, 2026 — Sri Lanka’s economic growth is projected to ease to 3.7% in 2027 from an estimated 4% in 2026, according to…

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…

BIZ BREAKING

Sri Lanka’s Official Reserves Top US$7 Billion in October, Rising 3.2%

November 7, 2026

COLOMBO, November 7, 2026 — Sri Lanka’s official reserve assets rose to US$7.086 billion at the end of October 2026,…

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…

BUSINESS

Home Lands completes 60% piling work of ‘Central Park Boulevard Port City Colombo’

September 8, 2026

Home Lands yesterday announced that Central Park Boulevard Port City…

BIZ BREAKING

BUSINESS

HIPG and Al-Futtaim Logistics Explore Stronger Gulf Vehicle Links and Port Investment Opportunities

ECONOMY

Higher Wages, Lower Living Standards: Sri Lanka’s Real Take-Home Pay, 2017–2026

MARKETS

Colombo Stocks End Week Higher as ASPI Gains 5.4%; Daily Turnover Averages Rs. 3 Billion

NATION

Passenger Drone Test Flights Begin at Colombo Port City Ahead of November 11 Demonstration

World

IMF Chief Warns AI Slowdown Could Complicate Central Banks’ Inflation Fight

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