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CSE Indices Close Lower as Turnover Surpasses Rs. 3.2 Billion

Oct 6, 20264 weeks ago 2 min read

COLOMBO, October 6, 2026 — Sri Lanka’s stock market closed lower on Tuesday, with both benchmark indices ending in negative territory as selling pressure on…

China’s Deflationary Pressures Deepen as Domestic Demand Remains Weak

Oct 6, 20264 weeks ago 3 min read

BEIJING, October 6, 2026 — China’s economic recovery is facing mounting pressure as weak domestic demand, persistent industrial overcapacity and a prolonged property downturn continue…

Sri Lanka, ADB Map Out Development Priorities for 2026–2029

Oct 6, 20264 weeks ago 2 min read

COLOMBO, October 6, 2026 — Sri Lanka and the Asian Development Bank (ADB) have begun discussions on a multi-year development programme for 2026–2029, with the…

AkzoNobel to Sell Southeast Asia Paints Business to Nippon Paint for $1.35 Billion

Oct 5, 20264 weeks ago 3 min read

COLOMBO, October 5, 2026 — AkzoNobel has agreed to sell its Southeast Asian decorative paints business to Nippon Paint for $1.35 billion, marking a major…

Multilac Upgrades Colombo Municipal Council Day Care Centre for Children’s Day

Oct 5, 20264 weeks ago 2 min read

COLOMBO, October 5, 2026 — Multilac has completed a series of facility improvements at the Colombo Municipal Council Day Care Centre as part of a…

BIZ BREAKING

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

October 31, 2026

COLOMBO, October 31, 2026 — Fitch Ratings has upgraded the National Long-Term Ratings of Bank of Ceylon, People’s Bank and…

BIZ BREAKING

India and Sri Lanka to sign three new defence MoUs during Rajnath Singh’s visit

September 1, 2026

Rajnath Singh to meet Sri Lankan leadership Indian-funded reconstruction projects…

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Apparel Exports Rise 3.47% in September, but Nine-Month Earnings Remain 5.52% Lower

MARKETS

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

NATION

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

World

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

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Latest news

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

Sri Lanka stocks trend up on Monday

Sri Lanka stocks trend down midday Tuesday

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

CSE Indices Close Lower as Turnover Surpasses Rs. 3.2 Billion

China’s Deflationary Pressures Deepen as Domestic Demand Remains Weak

Sri Lanka, ADB Map Out Development Priorities for 2026–2029

AkzoNobel to Sell Southeast Asia Paints Business to Nippon Paint for $1.35 Billion

Multilac Upgrades Colombo Municipal Council Day Care Centre for Children’s Day

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

India and Sri Lanka to sign three new defence MoUs during Rajnath Singh’s visit

BIZ BREAKING

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

Ceylon Chamber Urges Review of Draft Laws to Protect Investor Confidence and GSP+ Access

BUSINESS

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

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

ECONOMY

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

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

MARKETS

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

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

NATION

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

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

President Orders Faster Completion of Katunayake Airport Capacity Expansion Projects

World

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

Binance Reserves US$6.34 Billion to Cover Losses as Partners Freeze US$3 Billion in Crypto

Binance Hit by Record US$6.3 Billion Crypto Theft as Analysts Point to North Korea