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Sungrow Commissions Sri Lanka’s 10 MW/40 MWh Battery Storage Project in Galle

Oct 12, 20264 weeks ago 5 min read

GALLE, October 12, 2026 — Global renewable energy technology supplier Sungrow has commissioned a 10 MW/40 MWh battery energy storage system (BESS) developed by WKV…

President to Open Sri Lanka Economic and Investment Summit 2026 as Focus Shifts to Growth and Investment

Oct 12, 20264 weeks ago 4 min read

COLOMBO, October 12, 2026 — President Anura Kumara Dissanayake is scheduled to inaugurate the Sri Lanka Economic & Investment Summit 2026 today at Shangri-La Colombo,…

Sri Lanka Launches Second King Coconut Village in Badulla Under National Export Drive

Oct 12, 20264 weeks ago 4 min read

BADULLA, October 12, 2026 — Sri Lanka has launched its second king coconut village in Badulla District as the Government advances a nationwide programme to…

Trump Faces Backlash Over Planned Russian Diesel Imports Amid Global Energy Crisis

Oct 12, 20264 weeks ago 6 min read

WASHINGTON, October 12, 2026 — US President Donald Trump is facing mounting political and international criticism over plans to import large volumes of diesel from…

JETOUR Expands Sri Lankan Footprint with Second Showroom at Colombo City Centre

Oct 11, 20261 month ago 2 min read

COLOMBO, October 11, 2026 — Chinese automotive brand JETOUR is expanding its retail presence in Sri Lanka with the opening of its second showroom at…

BIZ BREAKING

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

November 10, 2026

COLOMBO, November 10, 2026 — The Central Bank of Sri Lanka has barred the Ernst & Young partners responsible for…

NATION

India’s Defence Minister Rajnath Singh arrives in Sri Lanka

September 8, 2026

Indian Defence Minister Rajnath Singh arrived in Sri Lanka today…

NATION

Ven. Ampitiye Sumanarathana Thero further remanded

September 8, 2026

Venerable Ampitiye Sumanarathana Thero, who was arrested by the Batticaloa…

NATION

Emerging El Niño effect on Sri Lanka: Be ready for catastrophe

September 8, 2026

“A prolonged El Niño drought forces a massive, unbudgeted outflow…

BIZ BREAKING

BUSINESS

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

ECONOMY

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

MARKETS

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

NATION

World

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

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Latest news

Foreign Reserves Rise to USD 6,905 Million

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

Sri Lanka stocks trend up Friday, Kotagala to absorb subsidiary

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

Sungrow Commissions Sri Lanka’s 10 MW/40 MWh Battery Storage Project in Galle

President to Open Sri Lanka Economic and Investment Summit 2026 as Focus Shifts to Growth and Investment

Sri Lanka Launches Second King Coconut Village in Badulla Under National Export Drive

Trump Faces Backlash Over Planned Russian Diesel Imports Amid Global Energy Crisis

JETOUR Expands Sri Lankan Footprint with Second Showroom at Colombo City Centre

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

India’s Defence Minister Rajnath Singh arrives in Sri Lanka

Ven. Ampitiye Sumanarathana Thero further remanded

Emerging El Niño effect on Sri Lanka: Be ready for catastrophe

BIZ BREAKING

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

Sri Lanka’s Official Reserves Top US$7 Billion in October, Rising 3.2%

BUSINESS

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

HIPG and Al-Futtaim Logistics Explore Stronger Gulf Vehicle Links and Port Investment Opportunities

John Keells Forum Explores Property and Equity Investment Strategies for Long-Term Wealth

ECONOMY

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

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

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

EDB Recognises Sri Lanka Expo 2027 Partners Ahead of Major International Trade Exhibition

Passenger Drone Test Flights Begin at Colombo Port City Ahead of November 11 Demonstration

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

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