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Sri Lanka’s 2027 Budget Expenditure Set to Rise 12.6% to Rs. 4.99 Trillion

Sri Lanka’s 2027 Budget Expenditure Set to Rise 12.6% to Rs. 4.99 Trillion

October 19, 2026
Sri Lanka Records US$2.24 Billion in Tourism Earnings in First Nine Months

Sri Lanka Records US$2.24 Billion in Tourism Earnings in First Nine Months

October 19, 2026
SANKEN GEN Established as Independent International Group Following Five Decades of Construction Delivery Across Three Continents

SANKEN GEN Established as Independent International Group Following Five Decades of Construction Delivery Across Three Continents

October 19, 2026
Sri Lanka’s AML Reforms Put Investor Confidence and International Banking Access in Focus

Sri Lanka’s AML Reforms Put Investor Confidence and International Banking Access in Focus

October 18, 2026

Oil Prices Set for Weekly Decline as Saudi Supply Concerns Ease

Sep 18, 2026 1 month ago 3 min read
Oil Prices Set for Weekly Decline as Saudi Supply Concerns Ease

LONDON, September 18, 2026 — Global oil prices are heading for a weekly decline after three consecutive weeks of gains, as concerns over disruptions to…

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WindForce Boosts Renewable Portfolio to 268 MW with Battery Storage and Floating Solar

Sep 18, 2026 1 month ago 2 min read
WindForce Boosts Renewable Portfolio to 268 MW with Battery Storage and Floating Solar

COLOMBO, September 18, 2026 — Renewable energy producer WindForce PLC has expanded its total generation capacity to approximately 268 MW following the commissioning of two…

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CSE Indices End Lower as Key Stocks Decline

Sep 18, 2026 1 month ago 2 min read
CSE Indices End Lower as Key Stocks Decline

COLOMBO, September 18, 2026 — The Colombo Stock Exchange (CSE) ended the session in negative territory, with both major indices coming under pressure as several…

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CBSL Exchange Rates: US Dollar Selling Rate Rises to Rs. 336.92

Sep 17, 2026 1 month ago 1 min read
CBSL Exchange Rates: US Dollar Selling Rate Rises to Rs. 336.92

The Sri Lankan Rupee weakened slightly against the US Dollar on Thursday (17), with the Central Bank of Sri Lanka (CBSL) reporting an increase in…

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Zhang Yiming Becomes Asia’s Richest Person Driven by ByteDance’s AI Surge

Sep 17, 2026 1 month ago 2 min read
Zhang Yiming Becomes Asia’s Richest Person Driven by ByteDance’s AI Surge

Zhang Yiming, the 43-year-old founder of TikTok parent company ByteDance, has officially become Asia’s wealthiest individual with a net worth surpassing $105 billion. His personal…

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Sri Lanka’s 2027 Budget Expenditure Set to Rise 12.6% to Rs. 4.99 Trillion
BIZ BREAKING

Sri Lanka’s 2027 Budget Expenditure Set to Rise 12.6% to Rs. 4.99 Trillion

October 19, 2026

COLOMBO, October 19, 2026 — Sri Lanka’s total government expenditure is projected to increase by 12.6% to Rs. 4.993 trillion…

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NATION
Sri Lanka and Japan Advance Industrial Corridor Plan During Industry Minister’s Tokyo Visit
October 17, 2026

TOKYO / COLOMBO, 17 October 2026 — Japan has reaffirmed…

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BIZ BREAKING
IMF Signals Continued Support for Sri Lanka Beyond March 2027 Programme Expiry
October 17, 2026

COLOMBO, October 17, 2026 — The International Monetary Fund (IMF)…

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BUSINESS
Prime Lands and Melwa Join Hands for Mixed-Use Development in Port City Colombo
October 17, 2026

COLOMBO, October 17, 2026 — Sri Lankan developers Prime Lands…

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BIZ BREAKING

Sri Lanka’s 2027 Budget Expenditure Set to Rise 12.6% to Rs. 4.99 Trillion

Sri Lanka’s 2027 Budget Expenditure Set to Rise 12.6% to Rs. 4.99 Trillion

October 19, 2026
IMF Signals Continued Support for Sri Lanka Beyond March 2027 Programme Expiry

IMF Signals Continued Support for Sri Lanka Beyond March 2027 Programme Expiry

October 17, 2026
Sri Lanka Seeks EU Investment Under €300 Billion Global Gateway Initiative

Sri Lanka Seeks EU Investment Under €300 Billion Global Gateway Initiative

October 16, 2026

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BUSINESS

SANKEN GEN Established as Independent International Group Following Five Decades of Construction Delivery Across Three Continents

SANKEN GEN Established as Independent International Group Following Five Decades of Construction Delivery Across Three Continents

October 19, 2026
Sri Lanka’s AML Reforms Put Investor Confidence and International Banking Access in Focus

Sri Lanka’s AML Reforms Put Investor Confidence and International Banking Access in Focus

October 18, 2026
Prime Lands and Melwa Join Hands for Mixed-Use Development in Port City Colombo

Prime Lands and Melwa Join Hands for Mixed-Use Development in Port City Colombo

October 17, 2026

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ECONOMY

Litro Gas Shipment Carrying 3,900 MT of LPG Scheduled to Arrive Today

Litro Gas Shipment Carrying 3,900 MT of LPG Scheduled to Arrive Today

October 18, 2026
Colombo Port Handles US$30 Billion in U.S.-Related Cargo Annually

Colombo Port Handles US$30 Billion in U.S.-Related Cargo Annually

October 17, 2026
Hambantota Port Handles Over 167,000 Vehicle Deliveries Amid Import Demand

Hambantota Port Handles Over 167,000 Vehicle Deliveries Amid Import Demand

October 16, 2026

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MARKETS

CSE Closes Higher as Dialog Axiata, Distilleries Lead Gains; Weekly Indices Remain Lower

CSE Closes Higher as Dialog Axiata, Distilleries Lead Gains; Weekly Indices Remain Lower

October 17, 2026
CSE Indices Close Higher as Turnover Exceeds Rs. 1.5 Billion

CSE Indices Close Higher as Turnover Exceeds Rs. 1.5 Billion

October 16, 2026
CSE Closes in Red as Dialog Axiata and Key Counters Weigh on Indices

CSE Closes in Red as Dialog Axiata and Key Counters Weigh on Indices

October 15, 2026

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NATION

Sri Lanka Records US$2.24 Billion in Tourism Earnings in First Nine Months

Sri Lanka Records US$2.24 Billion in Tourism Earnings in First Nine Months

October 19, 2026
Sri Lanka and Japan Advance Industrial Corridor Plan During Industry Minister’s Tokyo Visit

Sri Lanka and Japan Advance Industrial Corridor Plan During Industry Minister’s Tokyo Visit

October 17, 2026
Rs. 3.09 Billion Surgical Ward Complex Planned for Tangalle Hospital

Rs. 3.09 Billion Surgical Ward Complex Planned for Tangalle Hospital

October 17, 2026

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World

Trump to Take Up to 60 Days to Review Russia Sanctions, Rubio Says

Trump to Take Up to 60 Days to Review Russia Sanctions, Rubio Says

October 18, 2026
Oil Prices Hit $110 a Barrel as Middle East Tensions Raise Supply Concerns

Oil Prices Hit $110 a Barrel as Middle East Tensions Raise Supply Concerns

October 17, 2026
Tesla Unveils Flying Roadster, Claims Sub-One-Second 0–60 MPH Acceleration

Tesla Unveils Flying Roadster, Claims Sub-One-Second 0–60 MPH Acceleration

October 16, 2026

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