Latest news

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

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

September 8, 2026
Panama Canal May Slash Ship Traffic Further as Powerful El Niño Intensifies

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

September 8, 2026
Journalists missing in Indonesia after volcano mission

Journalists missing in Indonesia after volcano mission

September 8, 2026
Yala’s Drought Shows the Growing Cost of Climate Stress on Sri Lanka Tourism

Yala’s Drought Shows the Growing Cost of Climate Stress on Sri Lanka Tourism

September 8, 2026

Sri Lanka Plans Simpler Tax System, Customs Levies to Be Phased Out From 2027

Oct 2, 2026 1 month ago 3 min read
Sri Lanka Plans Simpler Tax System, Customs Levies to Be Phased Out From 2027

COLOMBO, October 2, 2026 — The government plans to introduce a simplified tax framework from 2027, including the gradual removal of additional levies imposed alongside…

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Rs. 22 Billion Uma Oya Development Project to Benefit 5,000 Families

Oct 2, 2026 1 month ago 2 min read
Rs. 22 Billion Uma Oya Development Project to Benefit 5,000 Families

COLOMBO, October 2, 2026 — A Rs. 22.017 billion development project aimed at strengthening irrigation and water security in Monaragala is expected to benefit approximately…

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CSE Snaps Six-Session Losing Streak as Buying Interest Improves

Oct 2, 2026 1 month ago 3 min read
CSE Snaps Six-Session Losing Streak as Buying Interest Improves

COLOMBO, October 2, 2026 — The Colombo Stock Exchange snapped a six-session losing streak on Thursday, with both benchmark indices closing higher as buying interest…

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India Approves $19 Billion Programme to Expand Renewable Energy Grid

Oct 2, 2026 1 month ago 3 min read
India Approves $19 Billion Programme to Expand Renewable Energy Grid

NEW DELHI, October 2, 2026 — India’s Cabinet has approved a Rs. 1.86 trillion (US$19.42 billion) investment programme to strengthen the country’s power transmission network…

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Fuel Subsidy, Vehicle Import Surcharge Shield Economy from Stronger Inflation Pressure – CBSL Governor

Oct 1, 2026 1 month ago 3 min read
Fuel Subsidy, Vehicle Import Surcharge Shield Economy from Stronger Inflation Pressure – CBSL Governor

COLOMBO, October 1, 2026 — Sri Lanka’s fuel subsidy and higher taxes on vehicle imports have helped contain inflationary pressure while limiting foreign exchange outflows,…

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CAL Signs Deal to Acquire 51% of Hong Kong Fund Manager Asia Frontier Capital
BIZ BREAKING

CAL Signs Deal to Acquire 51% of Hong Kong Fund Manager Asia Frontier Capital

November 3, 2026

COLOMBO, November 3, 2026 — Capital Alliance Holdings PLC (CAL) has signed an agreement to acquire a 51% stake in…

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WORLD
Oil Prices Hit $110 a Barrel as Middle East Tensions Raise Supply Concerns
October 17, 2026

LONDON, October 17, 2026 — Global oil prices have climbed…

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BIZ BREAKING
Sri Lanka Seeks EU Investment Under €300 Billion Global Gateway Initiative
October 16, 2026

COLOMBO, October 16, 2026 — Sri Lanka has sought European…

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BUSINESS
Sri Lanka–Vietnam Business Council Targets US$ 1 Billion Bilateral Trade by 2030
October 16, 2026

COLOMBO, October 16, 2026 — The Ceylon Chamber of Commerce…

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BIZ BREAKING

CAL Signs Deal to Acquire 51% of Hong Kong Fund Manager Asia Frontier Capital

CAL Signs Deal to Acquire 51% of Hong Kong Fund Manager Asia Frontier Capital

November 3, 2026
Sri Lanka’s Exports Hit Record US$1.38 Billion, but September Current Account Posts US$128 Million Deficit

Sri Lanka’s Exports Hit Record US$1.38 Billion, but September Current Account Posts US$128 Million Deficit

November 2, 2026
Fitch Upgrades BOC, People’s Bank and Commercial Bank; Downgrades Cargills Bank

Fitch Upgrades BOC, People’s Bank and Commercial Bank; Downgrades Cargills Bank

October 31, 2026

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BUSINESS

Hayleys Solar Inaugurates Two Kosgama Projects with Combined Capacity of 5 MW

Hayleys Solar Inaugurates Two Kosgama Projects with Combined Capacity of 5 MW

November 3, 2026
Home Lands Showcases Sri Lankan Property Investment Opportunities in Ottawa

Home Lands Showcases Sri Lankan Property Investment Opportunities in Ottawa

November 2, 2026
Sri Lanka Launches AgriConnect with US$665 Million in Investment Backing to Support Farmers and Agribusinesses

Sri Lanka Launches AgriConnect with US$665 Million in Investment Backing to Support Farmers and Agribusinesses

October 30, 2026

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ECONOMY

CPC Raises Petrol and Diesel Prices; Lanka IOC Matches Two Fuel Rates

CPC Raises Petrol and Diesel Prices; Lanka IOC Matches Two Fuel Rates

November 2, 2026
Apparel Exports Rise 3.47% in September, but Nine-Month Earnings Remain 5.52% Lower

Apparel Exports Rise 3.47% in September, but Nine-Month Earnings Remain 5.52% Lower

October 30, 2026
World Bank Forecasts 23% Rise in Commodity Prices as Energy and Food Costs Climb

World Bank Forecasts 23% Rise in Commodity Prices as Energy and Food Costs Climb

October 29, 2026

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MARKETS

ASPI Falls 10.97% in Ten Months as October Wipes Rs. 441 Billion Off Market Value

ASPI Falls 10.97% in Ten Months as October Wipes Rs. 441 Billion Off Market Value

November 2, 2026
CSE Recovery Enters Third Session as ASPI Jumps 297 Points Above 20,250

CSE Recovery Enters Third Session as ASPI Jumps 297 Points Above 20,250

October 30, 2026
Colombo Stocks Rise as Banking and Telecom Gains Lift Turnover Above Rs. 2.2 Billion

Colombo Stocks Rise as Banking and Telecom Gains Lift Turnover Above Rs. 2.2 Billion

October 29, 2026

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NATION

Fuel Import Costs Up 50%, Limiting Price Relief Despite Rs. 57 Billion Subsidy Allocation: Minister

Fuel Import Costs Up 50%, Limiting Price Relief Despite Rs. 57 Billion Subsidy Allocation: Minister

November 3, 2026
Centrum Air Connects Tashkent and Mattala with Twice-Weekly Direct Flights

Centrum Air Connects Tashkent and Mattala with Twice-Weekly Direct Flights

October 30, 2026
Central Bank Names 27 Prohibited Scheme Entries, Warns Public Over Companies and Apps

Central Bank Names 27 Prohibited Scheme Entries, Warns Public Over Companies and Apps

October 29, 2026

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World

Oil Prices Rise After Reported US Strike on Iran’s Qeshm Island

Oil Prices Rise After Reported US Strike on Iran’s Qeshm Island

November 3, 2026

Tucker Carlson Warns of Possible Nuclear Strike on Iran Within Days — Markets and Energy Supply at Risk.

November 2, 2026
Oil Hits Six-Month High as Hormuz Tanker Attack Deepens Iran Escalation Fears

Oil Hits Six-Month High as Hormuz Tanker Attack Deepens Iran Escalation Fears

October 31, 2026

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