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WASHINGTON, November 8, 2026 — Central banks must account for any slowdown in growth driven by artificial intelligence investment when assessing how to tackle persistent…
COLOMBO, November 8, 2026 — Hambantota International Port Group (HIPG) and Al-Futtaim Logistics have explored expanding their business relationship, including vehicle shipping links to Gulf…
COLOMBO, November 8, 2026 — Passenger drones are undergoing test flights at Colombo Port City ahead of an official demonstration on November 11, as Sri…
COLOMBO, November 7, 2026 — John Keells Properties and John Keells Stock Brokers brought together real estate, capital markets and wealth management professionals at ‘The…
COLOMBO, November 7, 2026 — The Colombo Stock Exchange ended the week on a positive note, with the All Share Price Index (ASPI) gaining 5.4%…
BIZ BREAKING
COLOMBO, November 2, 2026 — Sri Lanka recorded its highest-ever monthly merchandise export earnings of US$1.377 billion in September 2026, but the external current account returned to a deficit of US$128 million following August’s surplus. Merchandise exports increased by 21.0%…
COLOMBO, October 31, 2026 — Fitch Ratings has upgraded the National Long-Term Ratings of Bank of Ceylon, People’s Bank and Commercial Bank, while downgrading Cargills Bank, following a recalibration of Sri Lanka’s national rating scale after the sovereign’s recent upgrade.…
COLOMBO, October 30, 2026 — Union Bank reported a 104% increase in profit after tax to Rs. 701 million for the nine months ended September 30, 2026, while profit before all taxes rose by 48% to Rs. 1.744 billion, supported…
COLOMBO, October 29, 2026 — The Ceylon Chamber of Commerce has called for a careful review of proposed national security and organised crime legislation, highlighting the need to safeguard investor confidence, business competitiveness and Sri Lanka’s continued access to European…
BUSINESS
COLOMBO, November 2, 2026 — Home Lands has showcased Sri Lankan real estate investment opportunities at a property investment roadshow in Ottawa, Canada, engaging prospective…
COLOMBO, October 30, 2026 — Sri Lanka has launched the AgriConnect Joint Implementation Plan with the World Bank Group and the International Fund for Agricultural…
Japan Grants Rs. 4.56 Billion for Kelani River Pumping Project to Protect Businesses and Communities
COLOMBO, October 29, 2026 — Japan has agreed to provide JPY 2.179 billion, approximately Rs. 4.56 billion, in grant assistance for a Kelani River pumping…
COLOMBO, October 28, 2026 — Central banks adopting artificial intelligence must prioritise public trust, strong governance and human oversight, IMF Chief Information Officer Shirin Hamid…
ECONOMY
COLOMBO, October 26, 2026 — Wholesale prices of several upcountry and low-country vegetables have risen sharply amid prevailing rainy weather, with tomatoes, capsicum and cabbage…
COLOMBO, October 22, 2026 — Sri Lanka’s headline inflation, measured by the National Consumer Price Index (NCPI), remained unchanged at 8.1% year-on-year in September 2026,…
COLOMBO, October 20, 2026 — Vidullanka PLC and David Pieris Motor Company have inaugurated a 10 MW solar power plant in Ranna, expanding Sri Lanka’s…
COLOMBO, October 18, 2026 — Litro Gas Lanka Limited is expecting a shipment carrying 3,900 metric tonnes of liquefied petroleum gas (LPG) to arrive in…
MARKETS
COLOMBO, October 28, 2026 — Capital raised through the Colombo Stock Exchange (CSE) could reach a record Rs. 200 billion this year, Chief Executive Officer…
COLOMBO, October 24, 2026 — Colombo stocks ended the week in negative territory, with the All Share Price Index (ASPI) declining by 2.5% and the…
COLOMBO, October 23, 2026 — Colombo stock market indices closed lower as price declines in Distilleries, Hatton National Bank and Dialog Axiata weighed on the…
COLOMBO, October 22, 2026 — Colombo stock market indices ended lower as price declines in Commercial Bank, Carson Cumberbatch and Hayleys weighed on the All…
NATION
COLOMBO, October 28, 2026 — President Anura Kumara Dissanayake has directed officials to accelerate projects aimed at increasing passenger capacity and improving facilities at Katunayake…
COLOMBO, October 27, 2026 — Sri Lanka Navy Lieutenant Commander Piyumi Kathriarachchi has been recognised for graduating with honours from the US Naval Postgraduate School,…
COLOMBO, October 26, 2026 — The second generating unit at the Lakvijaya Coal Power Plant in Norochcholai has been taken offline for maintenance and repairs,…
COLOMBO, October 24, 2026 — All three generating units at the Norochcholai Coal Power Plant have been successfully reconnected to Sri Lanka’s national grid after…
world
Tucker Carlson claimed early Monday that the Trump administration is under intense pressure from Israeli Prime Minister Benjamin Netanyahu to launch a nuclear strike on…
COLOMBO, October 31, 2026 — Oil prices rose more than 2% on Friday to their highest closing levels since late April, as a tanker attack…
SINGAPORE, October 31, 2026 — Binance says it has reserved more than US$6.34 billion in company funds to cover user losses following its recent security…
SINGAPORE, October 31, 2026 — Binance has suffered a US$6.3 billion cryptocurrency theft, prompting the world’s largest crypto exchange to suspend withdrawals and pledge to…