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Cabinet Awards Rs.2.89 Billion Baseline Road Extension Contract to Maga Engineering

Sep 30, 20261 month ago 3 min read

COLOMBO, September 30, 2026 — The Government has awarded a Rs.2.89 billion contract to Maga Engineering Ltd. for the third phase of the Baseline Road…

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…

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,…

BUSINESS

Dipped Products Opens Rs. 4.2 Billion Glove Manufacturing Plant in Katunayake EPZ

October 13, 2026

KATUNAYAKE, October 13, 2026 — Dipped Products PLC (DPL), the…

ECONOMY

MF Projects Sri Lanka’s Economic Growth to Moderate to 3.7% in 2027

October 13, 2026

COLOMBO, October 13, 2026 — Sri Lanka’s economic growth is…

MARKETS

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

October 13, 2026

COLOMBO, October 13, 2026 — Sri Lanka’s stock market closed…

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

Cabinet Approves Rs. 3.33 Billion to Restore Cyclone-Damaged Roads

World

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

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Latest news

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Cabinet Awards Rs.2.89 Billion Baseline Road Extension Contract to Maga Engineering

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

Sri Lanka Targets Saudi Capital for New Investment and Development Partnerships

Crypto Cannot Be Used for Domestic Payments, CBSL Governor Says

Dipped Products Opens Rs. 4.2 Billion Glove Manufacturing Plant in Katunayake EPZ

MF Projects Sri Lanka’s Economic Growth to Moderate to 3.7% in 2027

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

BIZ BREAKING

Crypto Cannot Be Used for Domestic Payments, CBSL Governor Says

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BUSINESS

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

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ECONOMY

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

CPC Raises Petrol and Diesel Prices; Lanka IOC Matches Two Fuel Rates

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

MARKETS

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

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

NATION

Cabinet Approves Rs. 3.33 Billion to Restore Cyclone-Damaged Roads

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World

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

Tucker Carlson Warns of Possible Nuclear Strike on Iran Within Days — Markets and Energy Supply at Risk.

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