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US Hopes Russian Diesel Deal Will Help Bring Moscow Back to Ukraine Peace Talks

Oct 13, 20261 month ago 7 min read

WASHINGTON, October 13, 2026 — The Trump administration is seeking to use a controversial deal allowing Russian diesel exports to encourage Moscow to resume negotiations…

FCCISL and Department of Commerce Step Up Coordination to Drive Sri Lanka’s US$36 Billion Export Target

Oct 12, 20261 month ago 6 min read

Department of Commerce consultation with trade chambers and industry associations COLOMBO, October 12, 2026 — The Federation of Chambers of Commerce and Industry of Sri…

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

Oct 12, 20261 month 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, 20261 month 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, 20261 month 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…

BIZ BREAKING

Budget 2027 Targets Rs. 6.18 Trillion in Revenue and Grants, Deficit at 4.5% of GDP

November 13, 2026

COLOMBO, November 13, 2026 — Sri Lanka’s 2027 Budget estimates total government revenue and grants at Rs. 6,180 billion, with…

BIZ BREAKING

Budget 2027 Targets Rs. 6.18 Trillion in Revenue and Grants, Deficit at 4.5% of GDP

November 13, 2026

COLOMBO, November 13, 2026 — Sri Lanka’s 2027 Budget estimates…

ECONOMY

President to Present 2027 Budget Today with Rs. 4.99 Trillion in Proposed Expenditure

November 12, 2026

COLOMBO, November 12, 2026 — President Anura Kumara Dissanayake will…

BUSINESS

Sri Lankan Fruit Experts and Chinese Entrepreneurs Explore Agricultural Cooperation

November 12, 2026

COLOMBO, November 12, 2026 — Sri Lankan fruit specialists and…

BIZ BREAKING

BUSINESS

ComBank Group Nine-Month Income Rises 18.9% to Rs. 318.8 Billion; Profit Reaches Rs. 52.2 Billion

ECONOMY

SEC Welcomes Budget 2027 Measures to Broaden Capital Market Access for Students and SMEs

MARKETS

Colombo Stocks Close Higher as Turnover Tops Rs. 3 Billion

NATION

Opposition Launches oversight.lk to Track Government Budget Performance

World

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

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Latest news

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

Yala National Park Zones 1 and 2 to close from Sept. 14

Deputy Minister rejects claims of shifting tax terms at Port City after investor backlash

President expects favourable SC ruling on controversial 22nd Amendment

US Hopes Russian Diesel Deal Will Help Bring Moscow Back to Ukraine Peace Talks

FCCISL and Department of Commerce Step Up Coordination to Drive Sri Lanka’s US$36 Billion Export Target

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

Budget 2027 Targets Rs. 6.18 Trillion in Revenue and Grants, Deficit at 4.5% of GDP

Budget 2027 Targets Rs. 6.18 Trillion in Revenue and Grants, Deficit at 4.5% of GDP

President to Present 2027 Budget Today with Rs. 4.99 Trillion in Proposed Expenditure

Sri Lankan Fruit Experts and Chinese Entrepreneurs Explore Agricultural Cooperation

BIZ BREAKING

Budget 2027 Targets Rs. 6.18 Trillion in Revenue and Grants, Deficit at 4.5% of GDP

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

BUSINESS

ComBank Group Nine-Month Income Rises 18.9% to Rs. 318.8 Billion; Profit Reaches Rs. 52.2 Billion

Sri Lankan Fruit Experts and Chinese Entrepreneurs Explore Agricultural Cooperation

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

ECONOMY

SEC Welcomes Budget 2027 Measures to Broaden Capital Market Access for Students and SMEs

President to Present 2027 Budget Today with Rs. 4.99 Trillion in Proposed Expenditure

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

MARKETS

Colombo Stocks Close Higher as Turnover Tops Rs. 3 Billion

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

NATION

Opposition Launches oversight.lk to Track Government Budget Performance

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

CBSL Clarifies EY Remains Eligible to Audit Licensed Banks

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