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MATARA, November 11, 2026 — Minister of Industries Sunil Handunnetti participated in the opening of National Sathosa’s first wholesale outlet in Matara today, marking a…
COLOMBO, November 11, 2026 — Dialog Axiata PLC reported a 92% increase in Group net profit after tax to Rs. 28.5 billion for the nine…
COLOMBO, November 11, 2026 — President Anura Kumara Dissanayake has reviewed the final proposals for the 2027 Budget, saying it will focus on extending the…
COLOMBO, November 11, 2026 — The Central Bank of Sri Lanka (CBSL) has clarified that Ernst & Young, Sri Lanka (EY) remains eligible to audit…
COLOMBO, November 11, 2026 — Minister of Industry and Entrepreneurship Development Sunil Handunnetti has called for a KPI-based incentive scheme to reward measurable gains in…
BIZ BREAKING
COLOMBO, November 4, 2026 — Digital assets cannot be used for payments between residents under Sri Lanka’s current legal framework, Central Bank Governor Dr. Nandalal Weerasinghe said, stressing the need to protect the rupee and preserve monetary sovereignty. Speaking at…
COLOMBO, November 3, 2026 — Capital Alliance Holdings PLC (CAL) has signed an agreement to acquire a 51% stake in Hong Kong-based fund manager Asia Frontier Capital Ltd. (AFC), advancing its international expansion and broadening its frontier-market investment platform. The…
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.…
BUSINESS
COLOMBO, November 6, 2026 — Businesses engaged in export-oriented manufacturing can seek tax concessions under the Temporary Importation for Export Processing (TIEP) scheme through the…
COLOMBO, November 6, 2026 — Hemas Holdings PLC recorded revenue of Rs. 66.6 billion for the first half of FY2026/27, up 9.5% year-on-year, as a…
COLOMBO, November 5, 2026 — JAT Holdings PLC reported a 36% increase in Group revenue to Rs. 7.01 billion for the six months ended September…
COLOMBO, November 4, 2026 — John Keells Holdings PLC (JKH) recorded a 213% increase in profit attributable to equity holders of the parent to Rs.…
ECONOMY
COLOMBO, October 28, 2026 — The Cabinet of Ministers has approved entering into a US$100 million loan agreement with the Asian Development Bank (ADB) to…
COLOMBO, October 27, 2026 — Sri Lanka’s total export earnings reached US$13.612 billion during the first nine months of 2026, supported by a record monthly…
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,…
MARKETS
COLOMBO, October 30, 2026 — The Colombo Stock Exchange extended its recovery for a third consecutive session on October 29, with broad-based buying lifting the…
COLOMBO, October 29, 2026 — Colombo stock market indices closed higher, supported by price gains in Commercial Bank, Dialog Axiata and Hatton National Bank, while…
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…
NATION
COLOMBO, November 4, 2026 — The Cabinet of Ministers has approved three contracts totalling Rs. 3,334.28 million, excluding VAT and other applicable taxes, to rehabilitate…
COLOMBO, November 3, 2026 — Sri Lanka’s fuel import costs have increased by approximately 50% compared with last year, limiting the government’s ability to provide…
COLOMBO, October 30, 2026 — Uzbekistan’s Centrum Air has introduced direct scheduled flights between Tashkent and Mattala Rajapaksa International Airport, expanding Sri Lanka’s connections with…
COLOMBO, October 29, 2026 — The Central Bank of Sri Lanka (CBSL) has listed 27 entries covering companies, mobile applications and related entities determined to…
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…