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“You can increase your fuel prices, but we won’t”: Govt tells private suppliers

Oct 11, 20261 month ago 2 min read

COLOMBO, October 11, 2026 — The Sri Lankan government has ruled out increasing fuel prices to accommodate the demands of private fuel suppliers, with Energy…

Rs. 12 Billion Hospital Complex Planned for Dambulla to Ease Overcrowding

Oct 11, 20261 month ago 2 min read

DAMBULLA, October 11, 2026 — A new hospital complex estimated to cost Rs. 12 billion is planned for Dambulla to address overcrowding and space constraints…

CSE Ends Week on Positive Note as Banking Stocks Lift Daily Indices Despite Weekly Losses

Oct 11, 20261 month ago 3 min read

COLOMBO, October 11, 2026 — Sri Lanka’s stock market ended the week’s final trading session in positive territory, supported by price gains in Dialog Axiata,…

Trump Calls for Zelenskiy’s Replacement as US-Russia Diesel Deal Deepens Ukraine Rift

Oct 11, 20261 month ago 4 min read

WASHINGTON, October 11, 2026 — US President Donald Trump has called for Ukraine to replace President Volodymyr Zelenskiy, intensifying tensions between Washington and Kyiv after…

EDB Appoints 24 Export Advisory Committees to Drive Sri Lanka’s US$36 Billion Export Target

Oct 9, 20261 month ago 4 min read

Minister Sunil Handunnetti, EDB Chairman Mangala Wijesinghe COLOMBO, October 9, 2026 — Sri Lanka has established 24 export advisory committees for 2026–2029 to help remove regulatory…

BIZ BREAKING

President Reviews Final 2027 Budget Proposals, Pledges Wider Benefits from Economic Stability

November 11, 2026

COLOMBO, November 11, 2026 — President Anura Kumara Dissanayake has reviewed the final proposals for the 2027 Budget, saying it…

MARKETS

Stocks Slip as Rising Oil, Inflation Risks and Geopolitical Tensions Rattle Markets

September 8, 2026

Global stocks edged lower on Monday as surging oil prices,…

BUSINESS

Sri Lanka hosts 11 Asian nations to showcase JICA-backed farming success

September 8, 2026

The Japan International Cooperation Agency (JICA) and the Agriculture Department…

BUSINESS

ComBank takes Q+ digital payments drive to Jaffna ahead of Nallur Festival

September 8, 2026

Canvasses more than 350 merchants and activates cashback campaign with…

BIZ BREAKING

BUSINESS

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

Handunnetti Participates as National Sathosa Opens First Wholesale Outlet in Matara Following Revival

November 11, 2026

CBSL Clarifies EY Remains Eligible to Audit Licensed Banks

November 11, 2026

Industry Minister raises performance-based reward scheme with President as productivity competition returns after five-year gap

November 11, 2026

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

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Latest news

Oil Plunges More Than US$7 as Trump Signals Restraint on Iran Strikes

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

China Extends Suspension of 24% Additional Tariff on US Goods for Two Months

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

“You can increase your fuel prices, but we won’t”: Govt tells private suppliers

Rs. 12 Billion Hospital Complex Planned for Dambulla to Ease Overcrowding

CSE Ends Week on Positive Note as Banking Stocks Lift Daily Indices Despite Weekly Losses

Trump Calls for Zelenskiy’s Replacement as US-Russia Diesel Deal Deepens Ukraine Rift

EDB Appoints 24 Export Advisory Committees to Drive Sri Lanka’s US$36 Billion Export Target

President Reviews Final 2027 Budget Proposals, Pledges Wider Benefits from Economic Stability

Stocks Slip as Rising Oil, Inflation Risks and Geopolitical Tensions Rattle Markets

Sri Lanka hosts 11 Asian nations to showcase JICA-backed farming success

ComBank takes Q+ digital payments drive to Jaffna ahead of Nallur Festival

BIZ BREAKING

President Reviews Final 2027 Budget Proposals, Pledges Wider Benefits from Economic Stability

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

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Dialog Nine-Month Profit Jumps 92% to Rs. 28.5 Billion; Digital Investment Reaches Rs. 27.4 Billion

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

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

Handunnetti Participates as National Sathosa Opens First Wholesale Outlet in Matara Following Revival

CBSL Clarifies EY Remains Eligible to Audit Licensed Banks

Industry Minister raises performance-based reward scheme with President as productivity competition returns after five-year gap

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