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

Sep 30, 20264 weeks ago 3 min read

COLOMBO, September 30, 2026 — Sri Lanka and Australia have agreed to strengthen bilateral cooperation across trade, defence, education, agriculture and maritime affairs following high-level…

Cabinet Awards Rs.2.89 Billion Baseline Road Extension Contract to Maga Engineering

Sep 30, 20264 weeks ago 3 min read

COLOMBO, September 30, 2026 — The Government has awarded a Rs.2.89 billion contract to Maga Engineering Ltd. for the third phase of the Baseline Road…

Rs.160 Million Diesel Discrepancy at Lakvijaya Power Plant Triggers Internal Probe

Sep 30, 20264 weeks ago 4 min read

COLOMBO, September 30, 2026 — An internal investigation has been launched into a diesel discrepancy exceeding Rs.160 million at the Lakvijaya Power Plant in Norochcholai,…

CBSL Holds Policy Rate at 8.75% as Inflation and External Risks Persist

Sep 30, 20264 weeks ago 4 min read

COLOMBO, September 30, 2026 — The Central Bank of Sri Lanka (CBSL) has kept its Overnight Policy Rate (OPR) unchanged at 8.75%, opting to maintain…

US Forces Complete Iraq Withdrawal, Raising Concerns Over Iran’s Growing Influence

Sep 30, 20264 weeks ago 4 min read

BAGHDAD, September 30, 2026 — The United States is completing the withdrawal of its forces from their remaining bases in Iraq, ending more than two…

BIZ BREAKING

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

October 26, 2026

COLOMBO, October 26, 2026 — Lanka IOC and Sinopec have increased their Octane 95 petrol prices by Rs. 20 per…

MARKETS

Colombo Stocks Close Lower as Crossings Drive Turnover Above Rs. 1.5 Billion

October 22, 2026

COLOMBO, October 22, 2026 — Colombo stock market indices ended…

NATION

Rain to Continue Across Sri Lanka on October 23; Southwest Wet Weather Expected Until October 27

October 22, 2026

COLOMBO, October 22, 2026 — Rain is expected across Sri…

WORLD

Trump Says US Is Not Negotiating with Iran, Signals Developments ‘Fairly Soon’

October 22, 2026

WASHINGTON, October 22, 2026 — US President Donald Trump said…

BIZ BREAKING

BUSINESS

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

ECONOMY

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

MARKETS

Colombo Stocks End Week Lower as ASPI Loses 2.5%; Daily Turnover Averages Rs. 972 Million

NATION

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

World

Lula Wins Brazil’s Presidential Runoff to Secure Fourth Term

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Latest news

Seat Belts Now Mandatory for All Expressway Passengers

CSE Ends Higher as Dialog Axiata, Melstacorp and Hayleys Gain

IMF Commends Sri Lanka’s Fiscal Progress as Seventh Review Continues

Visa Highlights Digital Growth Opportunities for Sri Lankan SMEs at National SME Forum

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

Cabinet Awards Rs.2.89 Billion Baseline Road Extension Contract to Maga Engineering

Rs.160 Million Diesel Discrepancy at Lakvijaya Power Plant Triggers Internal Probe

CBSL Holds Policy Rate at 8.75% as Inflation and External Risks Persist

US Forces Complete Iraq Withdrawal, Raising Concerns Over Iran’s Growing Influence

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

Colombo Stocks Close Lower as Crossings Drive Turnover Above Rs. 1.5 Billion

Rain to Continue Across Sri Lanka on October 23; Southwest Wet Weather Expected Until October 27

Trump Says US Is Not Negotiating with Iran, Signals Developments ‘Fairly Soon’

BIZ BREAKING

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

Brent Crude Hits Five-Month High of US$113.17 as Houthi Attacks Raise Supply Fears

ADB Approves US$100 Million to Expand Livelihood Support and Social Protection in Sri Lanka

BUSINESS

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

Sri Lankan Firms Explore Maldives Hospitality Market at Hotel Asia 2026

Hayleys Solar Launches 24/7 Operations Centre to Monitor Renewable Energy Assets

ECONOMY

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

Sri Lanka’s NCPI Inflation Steady at 8.1% in September as Food Prices Accelerate

Vidullanka–David Pieris Solar Plant Adds 10 MW to Sri Lanka’s National Grid

MARKETS

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

Colombo Stocks Close Lower as Crossings Drive Turnover Above Rs. 1.5 Billion

NATION

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

All Three Norochcholai Units Reconnected to National Grid Following October 17 Outage

Hambantota Port Targets Two Million TEU Capacity as Suez Return Opens New Opportunities

World

Lula Wins Brazil’s Presidential Runoff to Secure Fourth Term

Trump Says US Is Not Negotiating with Iran, Signals Developments ‘Fairly Soon’

China’s Third-Quarter Growth Reaches 4.5%, Narrowly Beating Forecasts