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BOI Accelerates Northern Province Investment Drive with Two New Export Processing Zones

Oct 7, 20264 weeks ago 4 min read

JAFFNA, October 7, 2026 — The Board of Investment of Sri Lanka (BOI) is accelerating plans to transform the Northern Province into a new investment…

CSE and Commercial Bank Join Forces to Expand Capital Market Access for Sri Lankan Businesses

Oct 7, 20264 weeks ago 3 min read

COLOMBO, October 7, 2026 — The Colombo Stock Exchange (CSE) and Commercial Bank of Ceylon PLC have entered into a Memorandum of Understanding (MoU) to…

CSE Closes Mixed as ASPI Edges Higher While S&P SL20 Declines

Oct 7, 20264 weeks ago 3 min read

COLOMBO, October 7, 2026 — Sri Lanka’s stock market closed on a mixed note today, with the All Share Price Index (ASPI) edging higher on…

2027 Appropriation Bill Presented to Parliament as Budget Process Begins

Oct 7, 20264 weeks ago 2 min read

COLOMBO, October 7, 2026 — Sri Lanka’s parliamentary process for the 2027 national budget formally commenced today with the presentation of the Appropriation Bill for…

City of Dreams Sri Lanka to Host Mercedes-Benz Fashion Week, Strengthening Colombo’s Regional Creative Position

Oct 6, 20261 month ago 4 min read

Cinnamon Hotels & Resorts Senior Vice President-Colombo Hotels and Cinnamon Life at City of Dreams Sri Lanka General Manager Kamal Munasinghe (right) with AOD Founder…

BIZ BREAKING

ASPI Surges 478 Points as CSE Turnover Tops Rs. 2 Billion in First Hour

November 5, 2026

COLOMBO, November 5, 2026 — Stocks rallied at the Colombo Stock Exchange during the first hour of trading today, with…

WORLD

Panama Canal May Slash Ship Traffic Further as Powerful El Niño Intensifies

September 8, 2026

Panama could impose further restrictions on ship traffic through the…

WORLD

Journalists missing in Indonesia after volcano mission

September 8, 2026

Indonesian teams were searching on Tuesday for seven people including…

NATION

Yala’s Drought Shows the Growing Cost of Climate Stress on Sri Lanka Tourism

September 8, 2026

YALA, Sri Lanka, Sept 8 (Reuters) – Mugger crocodiles bask…

BIZ BREAKING

BUSINESS

Hemas H1 Revenue Rises 9.5% to Rs. 66.6 Billion as Strong Q2 Restores EBITDA Growth

ECONOMY

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

MARKETS

Colombo Stocks Close Higher as Banking Gains Lift Turnover Above Rs. 3.9 Billion

NATION

Port City Colombo Holds First India Investor Forum to Strengthen Bilateral Economic Ties

World

Nasdaq 100 Loses US$2.5 Trillion as Democrat Election Gains Deepen AI Investment Fears

BIZ BREAKING

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Latest news

Pan Asia Bank’s Rs. 5 Billion Debenture Issue Oversubscribed on Strong Investor Demand

Sri Lanka’s Tax Revenue Surpasses Rs. 2 Trillion in First Nine Months of 2026

Banking Strength Fails to Reverse CSE Slide as ASPI Falls 42 Points

Sri Lanka’s Unemployment Rate Rises to 4% in Q2 2026

BOI Accelerates Northern Province Investment Drive with Two New Export Processing Zones

CSE and Commercial Bank Join Forces to Expand Capital Market Access for Sri Lankan Businesses

CSE Closes Mixed as ASPI Edges Higher While S&P SL20 Declines

2027 Appropriation Bill Presented to Parliament as Budget Process Begins

City of Dreams Sri Lanka to Host Mercedes-Benz Fashion Week, Strengthening Colombo’s Regional Creative Position

ASPI Surges 478 Points as CSE Turnover Tops Rs. 2 Billion in First Hour

Panama Canal May Slash Ship Traffic Further as Powerful El Niño Intensifies

Journalists missing in Indonesia after volcano mission

Yala’s Drought Shows the Growing Cost of Climate Stress on Sri Lanka Tourism

BIZ BREAKING

ASPI Surges 478 Points as CSE Turnover Tops Rs. 2 Billion in First Hour

Crypto Cannot Be Used for Domestic Payments, CBSL Governor Says

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

BUSINESS

Hemas H1 Revenue Rises 9.5% to Rs. 66.6 Billion as Strong Q2 Restores EBITDA Growth

JAT Holdings’ Revenue Rises 36% to Rs. 7.01 Billion as Foreign Operations More Than Double

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

ECONOMY

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

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

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

MARKETS

Colombo Stocks Close Higher as Banking Gains Lift Turnover Above Rs. 3.9 Billion

Colombo Stocks Rise as Dialog, Overseas Realty and Hayleys Lead Gains; Turnover Tops Rs. 1.5 Billion

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

NATION

Port City Colombo Holds First India Investor Forum to Strengthen Bilateral Economic Ties

Fitch Upgrades People’s Leasing, MBSL and CBC Finance; Outlooks Stable

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

World

Nasdaq 100 Loses US$2.5 Trillion as Democrat Election Gains Deepen AI Investment Fears

‘Next Barack Obama’ Emerges as Clear Frontrunner for 2028 US Presidential Race

Laurini Officine Meccaniche Unveils 150-Ton Demolition Giant with 50-Meter Reach at World Demolition Summit in Madrid