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China Merchants’ Exit from US$392 Million Colombo Logistics Project Raises Investment Concerns

China Merchants’ Exit from US$392 Million Colombo Logistics Project Raises Investment Concerns

October 20, 2026
China’s Third-Quarter Growth Reaches 4.5%, Narrowly Beating Forecasts

China’s Third-Quarter Growth Reaches 4.5%, Narrowly Beating Forecasts

October 20, 2026
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

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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US Reportedly Moves Toward $2.8 Billion Arms Package for Israel

Sep 16, 2026 1 month ago 3 min read
US Reportedly Moves Toward $2.8 Billion Arms Package for Israel

WASHINGTON, September 16, 2026 — The US government is reportedly moving toward approving an arms package worth approximately US$2.8 billion for Israel, according to US…

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Sri Lanka Economy Grows 4.2% in Second Quarter of 2026

Sep 16, 2026 1 month ago 3 min read
Sri Lanka Economy Grows 4.2% in Second Quarter of 2026

COLOMBO, September 16, 2026 — Sri Lanka’s economy expanded by 4.2% year-on-year during the second quarter of 2026, according to the latest National Accounts Estimates…

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Aitken Spence Hotels’ Rs. 5 Billion Debenture Issue Fully Taken Up on Opening Day

Sep 16, 2026 1 month ago 2 min read
Aitken Spence Hotels’ Rs. 5 Billion Debenture Issue Fully Taken Up on Opening Day

COLOMBO, September 16, 2026 — Aitken Spence Hotel Holdings PLC has successfully secured strong investor demand for its maiden listed, rated, unsecured, senior redeemable debenture…

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DIMO and Union Bank Join Forces to Expand Vehicle Financing Options

Sep 16, 2026 1 month ago 2 min read
DIMO and Union Bank Join Forces to Expand Vehicle Financing Options

COLOMBO, September 16, 2026 — DIMO has partnered with Union Bank PLC to provide exclusive financing solutions for customers purchasing selected TATA Commercial Vehicles, TATA…

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Rs. 3 Billion HLAB Fund Launched to Back Business Growth; First Capital Commits Rs. 300 Million
BIZ BREAKING

Rs. 3 Billion HLAB Fund Launched to Back Business Growth; First Capital Commits Rs. 300 Million

October 20, 2026

COLOMBO, October 20, 2026 — Hatch, Lankan Angel Network and BOV Capital have launched HLAB, a Rs. 3 billion investment…

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NATION
Deputy Minister rejects claims of shifting tax terms at Port City after investor backlash
September 8, 2026

Industry and Entrepreneurship Development Deputy Minister Chathuranga Abeysinghe was drawn…

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NATION
President expects favourable SC ruling on controversial 22nd Amendment
September 8, 2026

President Anura Kumara Dissanayake said the 22nd Amendment to the…

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NATION
India’s defence minister Rajnath Singh to visit Sri Lanka today
September 8, 2026

Indian Defence Minister Rajnath Singh is scheduled to arrive in…

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BIZ BREAKING

Rs. 3 Billion HLAB Fund Launched to Back Business Growth; First Capital Commits Rs. 300 Million

Rs. 3 Billion HLAB Fund Launched to Back Business Growth; First Capital Commits Rs. 300 Million

October 20, 2026
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

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BUSINESS

Central Bank Governor Highlights Policy Credibility and Price Stability at RBI Conference

Central Bank Governor Highlights Policy Credibility and Price Stability at RBI Conference

October 20, 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

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ECONOMY

Vidullanka–David Pieris Solar Plant Adds 10 MW to Sri Lanka’s National Grid

Vidullanka–David Pieris Solar Plant Adds 10 MW to Sri Lanka’s National Grid

October 20, 2026
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

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MARKETS

Colombo Stocks Close Lower as Key Shares Decline; Turnover Tops Rs. 680 Million

Colombo Stocks Close Lower as Key Shares Decline; Turnover Tops Rs. 680 Million

October 20, 2026
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

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NATION

China Merchants’ Exit from US$392 Million Colombo Logistics Project Raises Investment Concerns

China Merchants’ Exit from US$392 Million Colombo Logistics Project Raises Investment Concerns

October 20, 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
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

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World

China’s Third-Quarter Growth Reaches 4.5%, Narrowly Beating Forecasts

China’s Third-Quarter Growth Reaches 4.5%, Narrowly Beating Forecasts

October 20, 2026
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

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