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US Forces Complete Iraq Withdrawal, Raising Concerns Over Iran’s Growing Influence

Sep 30, 20261 month ago 4 min read

BAGHDAD, September 30, 2026 — The United States is completing the withdrawal of its forces from their remaining bases in Iraq, ending more than two…

Sri Lanka Targets Saudi Capital for New Investment and Development Partnerships

Sep 29, 20261 month ago 5 min read

COLOMBO, September 29, 2026 — Sri Lanka is stepping up efforts to attract Saudi investment into new development projects, seeking to transform its longstanding relationship…

Sri Lanka Targets Malaysian Investment as Country Positions for Next Growth Phase

Sep 29, 20261 month ago 5 min read

KUALA LUMPUR, September 29, 2026 — Sri Lanka is seeking to deepen economic and investment ties with Malaysia by inviting Malaysian companies to participate in…

Rumesh Pathirage Strikes Asian Games Gold with 88.55m Javelin Throw

Sep 29, 20261 month ago 3 min read

SRI LANKA, September 29, 2026 — Sri Lankan javelin star Rumesh Pathirage has secured the Asian Games gold medal with a commanding 88.55-metre throw, capping…

Cathay Pacific Extends Middle East Passenger Flight Suspensions to January 2027

Sep 29, 20261 month ago 2 min read

HONG KONG, September 28, 2026 — Cathay Pacific has extended the suspension of its passenger services to parts of the Middle East, cancelling flights to…

BIZ BREAKING

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

October 31, 2026

COLOMBO, October 31, 2026 — Fitch Ratings has upgraded the National Long-Term Ratings of Bank of Ceylon, People’s Bank and…

WORLD

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

October 13, 2026

WASHINGTON, October 13, 2026 — The Trump administration is seeking…

BIZ BREAKING

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

October 12, 2026

Department of Commerce consultation with trade chambers and industry associations…

BUSINESS

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

October 12, 2026

GALLE, October 12, 2026 — Global renewable energy technology supplier…

BIZ BREAKING

BUSINESS

ECONOMY

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

MARKETS

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

NATION

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

World

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

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Latest news

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

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

Jio Surges 27% on Market Debut, Reaches US$137 Billion Valuation

Sri Lanka Begins APG Review of Anti-Money Laundering and Counter-Terrorism Financing Framework

US Forces Complete Iraq Withdrawal, Raising Concerns Over Iran’s Growing Influence

Sri Lanka Targets Saudi Capital for New Investment and Development Partnerships

Sri Lanka Targets Malaysian Investment as Country Positions for Next Growth Phase

Rumesh Pathirage Strikes Asian Games Gold with 88.55m Javelin Throw

Cathay Pacific Extends Middle East Passenger Flight Suspensions to January 2027

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

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

BIZ BREAKING

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

Union Bank’s Nine-Month Profit After Tax More Than Doubles to Rs. 701 Million

Ceylon Chamber Urges Review of Draft Laws to Protect Investor Confidence and GSP+ Access

BUSINESS

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

Japan Grants Rs. 4.56 Billion for Kelani River Pumping Project to Protect Businesses and Communities

IMF Technology Chief Urges Strong Governance and Public Trust in AI-Driven Central Banking

ECONOMY

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

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

Cabinet Clears US$100 Million ADB Loan Agreement for Economic Recovery Programme

MARKETS

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

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

CSE Targets Record Rs. 200 Billion in Capital Raising as New Investment Products Take Shape

NATION

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

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

President Orders Faster Completion of Katunayake Airport Capacity Expansion Projects

World

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

Binance Reserves US$6.34 Billion to Cover Losses as Partners Freeze US$3 Billion in Crypto

Binance Hit by Record US$6.3 Billion Crypto Theft as Analysts Point to North Korea