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CSE Closes in Red as Hemas, LOLC Holdings and Cargills Weigh on Market Sentiment

Oct 13, 20261 month ago 3 min read

COLOMBO, October 13, 2026 — Sri Lanka’s stock market closed lower as selling pressure on heavyweight counters, including Hemas Holdings, LOLC Holdings and Cargills, dragged…

Sri Lanka to Provide Rs. 6,000 Stationery Allowance to 1.5 Million Students in 2027

Oct 13, 20261 month ago 3 min read

COLOMBO, October 13, 2026 — The Government has approved the continuation of its school stationery assistance programme for 2027, providing Rs. 6,000 each to 1.5…

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…

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…

BUSINESS

Home Lands completes 60% piling work of ‘Central Park Boulevard Port City Colombo’

September 8, 2026

Home Lands yesterday announced that Central Park Boulevard Port City…

BUSINESS

All-New Mercedes-Benz GLB 2026 makes Sri Lankan debut at SLTPL 2026

September 7, 2026

BIZ BREAKING

India and Sri Lanka to sign three new defence MoUs during Rajnath Singh’s visit

September 1, 2026

Rajnath Singh to meet Sri Lankan leadership Indian-funded reconstruction projects…

BIZ BREAKING

BUSINESS

Ceylon Chamber Says Budget 2027 Could Do More to Attract Foreign Investment

ECONOMY

LAUGFS Gas Says Rs. 1,775 Price Increase Reflects Higher Import and Financing Costs

MARKETS

Colombo Stocks Fall After Budget Presentation; ASPI Drops 133 Points

NATION

NCE to Hold Budget 2027 Forum for Exporters and Business Community on November 19

World

Binance Targets Full Withdrawal Reopening by End of Next Week After US$6.3 Billion Hack

BIZ BREAKING

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Latest news

John Keells Forum Explores Property and Equity Investment Strategies for Long-Term Wealth

Colombo Stocks End Week Higher as ASPI Gains 5.4%; Daily Turnover Averages Rs. 3 Billion

Sri Lanka’s Official Reserves Top US$7 Billion in October, Rising 3.2%

Export Manufacturers Can Access TIEP Tax Concessions Through Industry Ministry: Handunnetti

CSE Closes in Red as Hemas, LOLC Holdings and Cargills Weigh on Market Sentiment

Sri Lanka to Provide Rs. 6,000 Stationery Allowance to 1.5 Million Students in 2027

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

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

Home Lands completes 60% piling work of ‘Central Park Boulevard Port City Colombo’

All-New Mercedes-Benz GLB 2026 makes Sri Lankan debut at SLTPL 2026

India and Sri Lanka to sign three new defence MoUs during Rajnath Singh’s visit

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

Ceylon Chamber Says Budget 2027 Could Do More to Attract Foreign Investment

Hayleys Reports US$1 Billion First-Half Revenue Milestone as Pre-Tax Profit Rises 49%

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

ECONOMY

LAUGFS Gas Says Rs. 1,775 Price Increase Reflects Higher Import and Financing Costs

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

MARKETS

Colombo Stocks Fall After Budget Presentation; ASPI Drops 133 Points

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

NATION

NCE to Hold Budget 2027 Forum for Exporters and Business Community on November 19

Nearly Rs. 900 Billion Spent Annually on Public Sector Salaries, Jayatissa Says

Opposition Launches oversight.lk to Track Government Budget Performance

World

Binance Targets Full Withdrawal Reopening by End of Next Week After US$6.3 Billion Hack

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