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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, 20261 month 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, 20261 month 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

Asian Stocks Rally as Anthropic IPO Filing Revives AI Optimism Ahead of Major Earnings

October 27, 2026

COLOMBO, October 27, 2026 — Asian equity markets rallied on Tuesday as Anthropic’s US initial public offering filing renewed enthusiasm…

WORLD

Handful of Men Have Almost Unlimited Power Over AI : UN Rights Chief

September 8, 2026

United Nations High Commissioner for Human Rights Volker Türk has…

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…

BIZ BREAKING

BUSINESS

LAUGFS Gas Explores Investment and Potential Stake Sale in Hambantota LPG Terminal

ECONOMY

Sri Lanka’s Exports Reach US$13.6 Billion in Nine Months as September Sets Monthly Record

MARKETS

Colombo Stocks End Week Lower as ASPI Loses 2.5%; Daily Turnover Averages Rs. 972 Million

NATION

Sri Lanka Navy Officer Honoured for Near-Perfect GPA and Awards at US Naval Postgraduate School

World

Bolsonaro’s Party Recognises Lula Victory as Trump Questions Brazil Election Without Evidence

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Latest news

HNB Finance strengthens Board with four Independent Non-Executive Directors

Sri Lanka Inflation Rises to 8% as Food Prices Drive August Increase

India to Support Sri Lanka Army in Establishing Artificial Intelligence Lab

CSE Ends Lower as Investors Focus on Banking and Capital Goods Stocks

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

Asian Stocks Rally as Anthropic IPO Filing Revives AI Optimism Ahead of Major Earnings

Handful of Men Have Almost Unlimited Power Over AI : UN Rights Chief

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

Journalists missing in Indonesia after volcano mission

BIZ BREAKING

Asian Stocks Rally as Anthropic IPO Filing Revives AI Optimism Ahead of Major Earnings

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

BUSINESS

LAUGFS Gas Explores Investment and Potential Stake Sale in Hambantota LPG Terminal

Sri Lankan Pharmaceutical Firms Explore Export and Technology Partnerships at CPHI Milan

Sri Lankan Firms Explore Maldives Hospitality Market at Hotel Asia 2026

ECONOMY

Sri Lanka’s Exports Reach US$13.6 Billion in Nine Months as September Sets Monthly Record

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

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

Sri Lanka Navy Officer Honoured for Near-Perfect GPA and Awards at US Naval Postgraduate School

Norochcholai’s Second Generating Unit Shut for Maintenance; No Power Disruptions Expected

All Three Norochcholai Units Reconnected to National Grid Following October 17 Outage

World

Bolsonaro’s Party Recognises Lula Victory as Trump Questions Brazil Election Without Evidence

Lula Wins Brazil’s Presidential Runoff to Secure Fourth Term

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