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Electricity Tariff Cuts Remain Without Firm Timeline as Sri Lanka Expands Renewables

Sep 28, 20264 weeks ago 3 min read

COLOMBO, September 28, 2026 — Sri Lanka’s Government has yet to set a firm timeline for electricity tariff reductions, with Energy Minister Anura Karunathilaka saying…

Government Announces Rs. 41 Billion Fuel Subsidy for Three Months

Sep 28, 20264 weeks ago 2 min read

GAMPAHA, September 27, 2026 — President Anura Kumara Dissanayake has announced that the Government will introduce a Rs. 41 billion fuel subsidy covering the next…

Rupee Weakens Against Dollar as Selling Rates Move Towards Rs. 335

Sep 28, 20264 weeks ago 2 min read

COLOMBO, September 28, 2026 — The Sri Lankan Rupee weakened further against the US Dollar at several commercial banks today, with dollar selling rates moving…

Sri Lanka sets sights on 4 million tourists and US$8 billion tourism revenue by 2030

Sep 27, 20264 weeks ago 4 min read

COLOMBO, September 27, 2026 — Sri Lanka is targeting four million tourist arrivals and US$8 billion in annual tourism revenue by 2030, as the Government…

Minister Sunil Handunnetti joins Ceylon Gemlogue ’26 as Sri Lanka charts new direction for gem industry

Sep 27, 20264 weeks ago 4 min read

COLOMBO, September 27, 2026 — Minister of Industry and Entrepreneurship Development Sunil Handunnetti attended the inaugural session of Ceylon Gemlogue ’26 in Colombo today, as…

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…

ECONOMY

Sri Lanka Economic and Investment Summit 2026 to Examine How Sri Lanka Can Build a More Resilient Economy for the Future

September 8, 2026

As Sri Lanka moves beyond economic stabilisation, attention is increasingly…

ECONOMY

Foreign Reserves Rise to USD 6,905 Million

September 8, 2026

The latest data from the Central Bank of Sri Lanka…

ECONOMY

Sri Lanka Central Bank buys US$579mn in August amid rupee appreciation

September 8, 2026

Sri Lanka’s Central Bank bought a net US$579 million in…

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

Aitken Spence Hotels’ Rs. 5 Billion Debenture Issue Fully Taken Up on Opening Day

DIMO and Union Bank Join Forces to Expand Vehicle Financing Options

Cabinet Approves US$112 Million Waterfront Investment in Colombo Port City

Rumesh Tharanga returns to Sri Lanka after victory at World Athletics Ultimate Championship

Electricity Tariff Cuts Remain Without Firm Timeline as Sri Lanka Expands Renewables

Government Announces Rs. 41 Billion Fuel Subsidy for Three Months

Rupee Weakens Against Dollar as Selling Rates Move Towards Rs. 335

Sri Lanka sets sights on 4 million tourists and US$8 billion tourism revenue by 2030

Minister Sunil Handunnetti joins Ceylon Gemlogue ’26 as Sri Lanka charts new direction for gem industry

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

Sri Lanka Economic and Investment Summit 2026 to Examine How Sri Lanka Can Build a More Resilient Economy for the Future

Foreign Reserves Rise to USD 6,905 Million

Sri Lanka Central Bank buys US$579mn in August amid rupee appreciation

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