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

September 1, 2026

BOI Accelerates Northern Province Investment Drive with Two New Export Processing Zones

Oct 7, 20261 month ago 4 min read

JAFFNA, October 7, 2026 — The Board of Investment of Sri Lanka (BOI) is accelerating plans to transform the Northern Province into a new investment…

CSE and Commercial Bank Join Forces to Expand Capital Market Access for Sri Lankan Businesses

Oct 7, 20261 month ago 3 min read

COLOMBO, October 7, 2026 — The Colombo Stock Exchange (CSE) and Commercial Bank of Ceylon PLC have entered into a Memorandum of Understanding (MoU) to…

CSE Closes Mixed as ASPI Edges Higher While S&P SL20 Declines

Oct 7, 20261 month ago 3 min read

COLOMBO, October 7, 2026 — Sri Lanka’s stock market closed on a mixed note today, with the All Share Price Index (ASPI) edging higher on…

2027 Appropriation Bill Presented to Parliament as Budget Process Begins

Oct 7, 20261 month ago 2 min read

COLOMBO, October 7, 2026 — Sri Lanka’s parliamentary process for the 2027 national budget formally commenced today with the presentation of the Appropriation Bill for…

City of Dreams Sri Lanka to Host Mercedes-Benz Fashion Week, Strengthening Colombo’s Regional Creative Position

Oct 6, 20261 month ago 4 min read

Cinnamon Hotels & Resorts Senior Vice President-Colombo Hotels and Cinnamon Life at City of Dreams Sri Lanka General Manager Kamal Munasinghe (right) with AOD Founder…

BIZ BREAKING

CBSL Bars EY Audit Partners from Banking Audits Following Rs. 13.6 Billion NDB Fraud

November 10, 2026

COLOMBO, November 10, 2026 — The Central Bank of Sri Lanka has barred the Ernst & Young partners responsible for…

NATION

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

September 8, 2026

It has been decided to close Zones 01 and 02…

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…

NATION

President expects favourable SC ruling on controversial 22nd Amendment

September 8, 2026

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

BIZ BREAKING

BUSINESS

Fitch Upgrades Commercial Bank to ‘AA(lka)’ Following National Rating Scale Recalibration

ECONOMY

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

MARKETS

ASPI Surges 592 Points Above 22,000 as CSE Turnover Hits Rs. 7.95 Billion

NATION

World

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

BIZ BREAKING

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Latest news

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

BOI Accelerates Northern Province Investment Drive with Two New Export Processing Zones

CSE and Commercial Bank Join Forces to Expand Capital Market Access for Sri Lankan Businesses

CSE Closes Mixed as ASPI Edges Higher While S&P SL20 Declines

2027 Appropriation Bill Presented to Parliament as Budget Process Begins

City of Dreams Sri Lanka to Host Mercedes-Benz Fashion Week, Strengthening Colombo’s Regional Creative Position

CBSL Bars EY Audit Partners from Banking Audits Following Rs. 13.6 Billion NDB Fraud

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

BIZ BREAKING

CBSL Bars EY Audit Partners from Banking Audits Following Rs. 13.6 Billion NDB Fraud

JAAF Backs Fresh GSP+ Application to Protect Sri Lanka’s EU Market Access

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

BUSINESS

Fitch Upgrades Commercial Bank to ‘AA(lka)’ Following National Rating Scale Recalibration

HIPG and Al-Futtaim Logistics Explore Stronger Gulf Vehicle Links and Port Investment Opportunities

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

ECONOMY

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

Higher Wages, Lower Living Standards: Sri Lanka’s Real Take-Home Pay, 2017–2026

LAUGFS Seeks Temporary Hambantota Terminal Access as Three LPG Shipments Due in November

MARKETS

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

EPF Equity Portfolio Valued at Rs. 204.94 Billion, More Than Double Investment Cost

NATION

EDB Recognises Sri Lanka Expo 2027 Partners Ahead of Major International Trade Exhibition

Passenger Drone Test Flights Begin at Colombo Port City Ahead of November 11 Demonstration

Port City Colombo Holds First India Investor Forum to Strengthen Bilateral Economic Ties

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