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

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

October 23, 2026
Hayleys Solar Launches 24/7 Operations Centre to Monitor Renewable Energy Assets

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

October 23, 2026
Hambantota Port Targets Two Million TEU Capacity as Suez Return Opens New Opportunities

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

October 23, 2026
Colombo Stocks End Lower as Crossings Account for 77.6% of Turnover

Colombo Stocks End Lower as Crossings Account for 77.6% of Turnover

October 23, 2026

Ending IMF Engagement After 2027 Could Put Sri Lanka’s Economic Recovery at Risk

Sep 27, 2026 4 weeks ago 4 min read
Ending IMF Engagement After 2027 Could Put Sri Lanka’s Economic Recovery at Risk

COLOMBO, September 27, 2026 — Sri Lanka could face renewed economic instability if it abandons its structural engagement with the International Monetary Fund (IMF) after…

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Iran Offers Deal to Reopen Strait of Hormuz Within Seven Days, Raising Hopes for Oil Market Relief

Sep 26, 2026 4 weeks ago 5 min read
Iran Offers Deal to Reopen Strait of Hormuz Within Seven Days, Raising Hopes for Oil Market Relief

NEW YORK, September 26, 2026 — Iran has offered the United States a potential agreement that could reopen the Strait of Hormuz within seven days,…

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Sri Lanka to Exit IMF Programme in 2027 — What It Means for Businesses and Investors

Sep 26, 2026 4 weeks ago 6 min read
Sri Lanka to Exit IMF Programme in 2027 — What It Means for Businesses and Investors

COLOMBO, September 26, 2026 — Sri Lanka plans to complete its current International Monetary Fund (IMF) Extended Fund Facility (EFF) programme in March 2027 without…

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Met Department Issues Amber Advisory Over High Waves Along Sri Lankan Coast

Sep 26, 2026 4 weeks ago 1 min read
Met Department Issues Amber Advisory Over High Waves Along Sri Lankan Coast

COLOMBO, September 26, 2026 — The Department of Meteorology has issued an “Amber” advisory for high waves covering sea areas from Chilaw to Pottuvil, including…

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Fairway Expands East Coast Footprint with Trincomalee Beach Resort Takeover

Sep 25, 2026 4 weeks ago 4 min read
Fairway Expands East Coast Footprint with Trincomalee Beach Resort Takeover

TRINCOMALEE, September 25, 2026 — Fairway Holdings is expanding its presence in Sri Lanka’s tourism industry with a long-term hotel management agreement for Trincomalee Beach…

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

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

October 23, 2026

COLOMBO, October 23, 2026 — Global oil prices rose sharply on Thursday, with Brent crude reaching a five-month closing high…

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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…

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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…

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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…

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BIZ BREAKING

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

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

October 23, 2026
ADB Approves US$100 Million to Expand Livelihood Support and Social Protection in Sri Lanka

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

October 22, 2026
Sri Lanka’s Tea Export Earnings Top US$1 Billion as Rupee Revenue Rises Despite Dollar Decline

Sri Lanka’s Tea Export Earnings Top US$1 Billion as Rupee Revenue Rises Despite Dollar Decline

October 21, 2026

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BUSINESS

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

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

October 23, 2026
NDB Reports Rs. 7.7 Billion Nine-Month Profit After Fraud Charges; Q3 Earnings Reach Rs. 2.9 Billion

NDB Reports Rs. 7.7 Billion Nine-Month Profit After Fraud Charges; Q3 Earnings Reach Rs. 2.9 Billion

October 22, 2026
Access Engineering Expects Rs. 310 Million Company-Level Loss from Logistics Project Exit

Access Engineering Expects Rs. 310 Million Company-Level Loss from Logistics Project Exit

October 21, 2026

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ECONOMY

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

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

October 22, 2026
Vidullanka–David Pieris Solar Plant Adds 10 MW to Sri Lanka’s National Grid

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

October 20, 2026
Litro Gas Shipment Carrying 3,900 MT of LPG Scheduled to Arrive Today

Litro Gas Shipment Carrying 3,900 MT of LPG Scheduled to Arrive Today

October 18, 2026

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MARKETS

Colombo Stocks End Lower as Crossings Account for 77.6% of Turnover

Colombo Stocks End Lower as Crossings Account for 77.6% of Turnover

October 23, 2026
Colombo Stocks Close Lower as Crossings Drive Turnover Above Rs. 1.5 Billion

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

October 22, 2026
Colombo Bourse Loses Rs. 324 Billion in October as ASPI Falls Below 20,000

Colombo Bourse Loses Rs. 324 Billion in October as ASPI Falls Below 20,000

October 21, 2026

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NATION

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

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

October 23, 2026
Rain to Continue Across Sri Lanka on October 23; Southwest Wet Weather Expected Until October 27

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

October 22, 2026
PUCSL Approves Power Cuts Across Four Groups for October 21

PUCSL Approves Power Cuts Across Four Groups for October 21

October 21, 2026

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World

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

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

October 22, 2026
China’s Third-Quarter Growth Reaches 4.5%, Narrowly Beating Forecasts

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

October 20, 2026
Trump to Take Up to 60 Days to Review Russia Sanctions, Rubio Says

Trump to Take Up to 60 Days to Review Russia Sanctions, Rubio Says

October 18, 2026

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