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

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

October 5, 2026
Multilac Upgrades Colombo Municipal Council Day Care Centre for Children’s Day

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

October 5, 2026
STC Expands Own-Brand Portfolio with Three New Products

STC Expands Own-Brand Portfolio with Three New Products

October 4, 2026
Trump Says Iran Has ‘Virtually Given Up’ Plans for Nuclear Weapons

Trump Says Iran Has ‘Virtually Given Up’ Plans for Nuclear Weapons

October 4, 2026

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

Oct 6, 2026 4 weeks ago 2 min read
Sri Lanka, ADB Map Out Development Priorities for 2026–2029

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…

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

Oct 5, 2026 4 weeks ago 3 min read
AkzoNobel to Sell Southeast Asia Paints Business to Nippon Paint for $1.35 Billion

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…

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

Oct 5, 2026 4 weeks ago 2 min read
Multilac Upgrades Colombo Municipal Council Day Care Centre for Children’s Day

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

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STC Expands Own-Brand Portfolio with Three New Products

Oct 4, 2026 1 month ago 3 min read
STC Expands Own-Brand Portfolio with Three New Products

STC Management team with chief guest: From left: Wasantha Dissanayake, Private Secretary to the Minister; Ravindra Fernando, Chairman/Managing Director, Sri Lanka State Trading (General) Corporation…

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Trump Says Iran Has ‘Virtually Given Up’ Plans for Nuclear Weapons

Oct 4, 2026 1 month ago 3 min read
Trump Says Iran Has ‘Virtually Given Up’ Plans for Nuclear Weapons

WASHINGTON, October 4, 2026 — US President Donald Trump has said Iran has “virtually given up” plans to develop nuclear weapons, offering a potentially significant…

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Crypto Cannot Be Used for Domestic Payments, CBSL Governor Says
BIZ BREAKING

Crypto Cannot Be Used for Domestic Payments, CBSL Governor Says

November 4, 2026

COLOMBO, November 4, 2026 — Digital assets cannot be used for payments between residents under Sri Lanka’s current legal framework,…

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NATION
India’s defence minister Rajnath Singh to visit Sri Lanka today
September 8, 2026

Indian Defence Minister Rajnath Singh is scheduled to arrive in…

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ECONOMY
Sri Lanka’s debt down in US$, GDP terms despite up in rupee : Deputy FinMin
September 8, 2026

Sri Lanka’s debt burden measured in both debt-to-gross domestic product…

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ECONOMY
In El Nino-hit Sri Lanka, wells run dry and farmer incomes shrink as drought deepens
September 8, 2026

GALWELA YAYA, Sri Lanka Sept 3 (Reuters) – For the…

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BIZ BREAKING

Crypto Cannot Be Used for Domestic Payments, CBSL Governor Says

Crypto Cannot Be Used for Domestic Payments, CBSL Governor Says

November 4, 2026
CAL Signs Deal to Acquire 51% of Hong Kong Fund Manager Asia Frontier Capital

CAL Signs Deal to Acquire 51% of Hong Kong Fund Manager Asia Frontier Capital

November 3, 2026
Sri Lanka’s Exports Hit Record US$1.38 Billion, but September Current Account Posts US$128 Million Deficit

Sri Lanka’s Exports Hit Record US$1.38 Billion, but September Current Account Posts US$128 Million Deficit

November 2, 2026

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BUSINESS

JKH’s Attributable Profit Surges 213% to Rs. 5.17 Billion in Q2; PBT Reaches Rs. 7.95 Billion

JKH’s Attributable Profit Surges 213% to Rs. 5.17 Billion in Q2; PBT Reaches Rs. 7.95 Billion

November 4, 2026
Hayleys Solar Inaugurates Two Kosgama Projects with Combined Capacity of 5 MW

Hayleys Solar Inaugurates Two Kosgama Projects with Combined Capacity of 5 MW

November 3, 2026
Home Lands Showcases Sri Lankan Property Investment Opportunities in Ottawa

Home Lands Showcases Sri Lankan Property Investment Opportunities in Ottawa

November 2, 2026

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ECONOMY

LAUGFS Seeks Temporary Hambantota Terminal Access as Three LPG Shipments Due in November

LAUGFS Seeks Temporary Hambantota Terminal Access as Three LPG Shipments Due in November

November 4, 2026
CPC Raises Petrol and Diesel Prices; Lanka IOC Matches Two Fuel Rates

CPC Raises Petrol and Diesel Prices; Lanka IOC Matches Two Fuel Rates

November 2, 2026
Apparel Exports Rise 3.47% in September, but Nine-Month Earnings Remain 5.52% Lower

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

October 30, 2026

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MARKETS

ASPI Falls 10.97% in Ten Months as October Wipes Rs. 441 Billion Off Market Value

ASPI Falls 10.97% in Ten Months as October Wipes Rs. 441 Billion Off Market Value

November 2, 2026
CSE Recovery Enters Third Session as ASPI Jumps 297 Points Above 20,250

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

October 30, 2026
Colombo Stocks Rise as Banking and Telecom Gains Lift Turnover Above Rs. 2.2 Billion

Colombo Stocks Rise as Banking and Telecom Gains Lift Turnover Above Rs. 2.2 Billion

October 29, 2026

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NATION

Cabinet Approves Rs. 3.33 Billion to Restore Cyclone-Damaged Roads

Cabinet Approves Rs. 3.33 Billion to Restore Cyclone-Damaged Roads

November 4, 2026
Fuel Import Costs Up 50%, Limiting Price Relief Despite Rs. 57 Billion Subsidy Allocation: Minister

Fuel Import Costs Up 50%, Limiting Price Relief Despite Rs. 57 Billion Subsidy Allocation: Minister

November 3, 2026
Centrum Air Connects Tashkent and Mattala with Twice-Weekly Direct Flights

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

October 30, 2026

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World

Oil Prices Rise After Reported US Strike on Iran’s Qeshm Island

Oil Prices Rise After Reported US Strike on Iran’s Qeshm Island

November 3, 2026

Tucker Carlson Warns of Possible Nuclear Strike on Iran Within Days — Markets and Energy Supply at Risk.

November 2, 2026
Oil Hits Six-Month High as Hormuz Tanker Attack Deepens Iran Escalation Fears

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

October 31, 2026

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