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Oil Prices Surge as Iran’s New Hormuz Tactics Raise Global Supply Fears

Oct 14, 20264 weeks ago 4 min read

COLOMBO, October 14, 2026 — Global oil prices climbed on Wednesday as attacks on commercial vessels in the Strait of Hormuz and reports of new…

Sri Lanka Takes EXPO 2027 Investment and Export Opportunities to Thai Business Community

Oct 14, 20264 weeks ago 4 min read

BANGKOK, October 14, 2026 — Sri Lanka is stepping up efforts to strengthen trade and investment ties with Thailand ahead of Sri Lanka EXPO 2027,…

Sri Lanka Courts Investors With Renewable Energy, Port Expansion and Rs. 2 Trillion Capital Spending Plan

Oct 14, 20264 weeks ago 7 min read

COLOMBO, October 14, 2026 — President Anura Kumara Dissanayake has outlined an investment-led economic strategy centred on renewable energy, port infrastructure, rural enterprise development and…

CSE Extends Losses as Dialog, Commercial Bank and HNB Weigh on Indices

Oct 14, 20264 weeks ago 2 min read

COLOMBO, October 14, 2026 — Sri Lanka’s stock market closed lower, with losses in heavyweight counters including Dialog Axiata, Commercial Bank and Hatton National Bank…

Sri Lanka Plans Integrated Digital Database to Strengthen Praja Shakthi Poverty Eradication Programme

Oct 14, 20264 weeks ago 3 min read

COLOMBO, October 14, 2026 — Sri Lanka is considering the development of an integrated digital database to identify rural development needs and improve the implementation…

BIZ BREAKING

President Reviews Final 2027 Budget Proposals, Pledges Wider Benefits from Economic Stability

November 11, 2026

COLOMBO, November 11, 2026 — President Anura Kumara Dissanayake has reviewed the final proposals for the 2027 Budget, saying it…

MARKETS

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

September 8, 2026

Sri Lanka’s rupee was quoted at 328.20/40 to the US…

MARKETS

Sri Lanka stocks trend up on Monday

September 8, 2026

Sri Lanka’s bourse opened the week in green with the…

MARKETS

Sri Lanka stocks trend down midday Tuesday

September 8, 2026

ECONOMYNEXT – Sri Lanka’s Colombo Stock Exchange indices were trading…

BIZ BREAKING

BUSINESS

Sri Lankan Fruit Experts and Chinese Entrepreneurs Explore Agricultural Cooperation

ECONOMY

President to Present 2027 Budget Today with Rs. 4.99 Trillion in Proposed Expenditure

MARKETS

ASPI Surges 592 Points Above 22,000 as CSE Turnover Hits Rs. 7.95 Billion

NATION

Opposition Launches oversight.lk to Track Government Budget Performance

World

Nvidia Falls Nearly 7.5% at Open, Erasing US$335 Billion Before Paring Losses

BIZ BREAKING

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Latest news

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

Sri Lanka hosts 11 Asian nations to showcase JICA-backed farming success

Oil Prices Surge as Iran’s New Hormuz Tactics Raise Global Supply Fears

Sri Lanka Takes EXPO 2027 Investment and Export Opportunities to Thai Business Community

Sri Lanka Courts Investors With Renewable Energy, Port Expansion and Rs. 2 Trillion Capital Spending Plan

CSE Extends Losses as Dialog, Commercial Bank and HNB Weigh on Indices

Sri Lanka Plans Integrated Digital Database to Strengthen Praja Shakthi Poverty Eradication Programme

President Reviews Final 2027 Budget Proposals, Pledges Wider Benefits from Economic Stability

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

BIZ BREAKING

President Reviews Final 2027 Budget Proposals, Pledges Wider Benefits from Economic Stability

CBSL Bars EY Audit Partners from Banking Audits Following Rs. 13.6 Billion NDB Fraud

JAAF Backs Fresh GSP+ Application to Protect Sri Lanka’s EU Market Access

BUSINESS

Sri Lankan Fruit Experts and Chinese Entrepreneurs Explore Agricultural Cooperation

Dialog Nine-Month Profit Jumps 92% to Rs. 28.5 Billion; Digital Investment Reaches Rs. 27.4 Billion

Fitch Upgrades Commercial Bank to ‘AA(lka)’ Following National Rating Scale Recalibration

ECONOMY

President to Present 2027 Budget Today with Rs. 4.99 Trillion in Proposed Expenditure

Sri Lanka’s Remittances Reach US$735.6 Million in October; Ten-Month Inflows Top US$7.6 Billion

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

MARKETS

ASPI Surges 592 Points Above 22,000 as CSE Turnover Hits Rs. 7.95 Billion

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

EPF Equity Portfolio Valued at Rs. 204.94 Billion, More Than Double Investment Cost

NATION

Opposition Launches oversight.lk to Track Government Budget Performance

Handunnetti Participates as National Sathosa Opens First Wholesale Outlet in Matara Following Revival

CBSL Clarifies EY Remains Eligible to Audit Licensed Banks

World

Nvidia Falls Nearly 7.5% at Open, Erasing US$335 Billion Before Paring Losses

Oil Plunges More Than US$7 as Trump Signals Restraint on Iran Strikes

China Extends Suspension of 24% Additional Tariff on US Goods for Two Months