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Rs.160 Million Diesel Discrepancy at Lakvijaya Power Plant Triggers Internal Probe

Sep 30, 20261 month ago 4 min read

COLOMBO, September 30, 2026 — An internal investigation has been launched into a diesel discrepancy exceeding Rs.160 million at the Lakvijaya Power Plant in Norochcholai,…

CBSL Holds Policy Rate at 8.75% as Inflation and External Risks Persist

Sep 30, 20261 month ago 4 min read

COLOMBO, September 30, 2026 — The Central Bank of Sri Lanka (CBSL) has kept its Overnight Policy Rate (OPR) unchanged at 8.75%, opting to maintain…

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…

BIZ BREAKING

Crypto Cannot Be Used for Domestic Payments, CBSL Governor Says

November 4, 2026

COLOMBO, November 4, 2026 — Digital assets cannot be used for payments between residents under Sri Lanka’s current legal framework,…

NATION

Galle Fort Leads Sri Lanka’s Tourist Hotspots as Visitor Preferences Evolve

September 10, 2026

Galle Fort has emerged as Sri Lanka’s most visited tourist…

BIZ BREAKING

IMF Team Arrives in Colombo for Crucial Seventh EFF Review

September 10, 2026

An International Monetary Fund (IMF) team is set to arrive…

BUSINESS

DFCC Bank Partners with John Keells IT to Enhance Employee Banking Benefits

September 10, 2026

DFCC Bank has partnered with John Keells IT to introduce…

BIZ BREAKING

BUSINESS

JKH’s Attributable Profit Surges 213% to Rs. 5.17 Billion in Q2; PBT Reaches Rs. 7.95 Billion

ECONOMY

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

MARKETS

ASPI Falls 10.97% in Ten Months as October Wipes Rs. 441 Billion Off Market Value

NATION

Fuel Import Costs Up 50%, Limiting Price Relief Despite Rs. 57 Billion Subsidy Allocation: Minister

World

Oil Prices Rise After Reported US Strike on Iran’s Qeshm Island

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Rs.160 Million Diesel Discrepancy at Lakvijaya Power Plant Triggers Internal Probe

CBSL Holds Policy Rate at 8.75% as Inflation and External Risks Persist

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

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Fuel Import Costs Up 50%, Limiting Price Relief Despite Rs. 57 Billion Subsidy Allocation: Minister

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