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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
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

Asia Asset Finance Raises Rs. 1.5 Billion Through Rights Issue

Sep 14, 2026 1 month ago 1 min read
Asia Asset Finance Raises Rs. 1.5 Billion Through Rights Issue

Sri Lanka’s Asia Asset Finance PLC has raised approximately Rs. 1.5 billion through a rights issue, strengthening its capital base as the company moves forward…

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MullenLowe Group Sri Lanka Becomes BBDO Sri Lanka

Sep 14, 2026 1 month ago 3 min read
MullenLowe Group Sri Lanka Becomes BBDO Sri Lanka

MullenLowe Group Sri Lanka has transitioned to BBDO Sri Lanka following Omnicom’s global integration, marking the next chapter for an agency built on strong creative…

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Sri Lanka’s Foreign Reserves Rise to US$6.9 Billion on Record Dollar Purchases

Sep 14, 2026 1 month ago 4 min read
Sri Lanka’s Foreign Reserves Rise to US$6.9 Billion on Record Dollar Purchases

Sri Lanka’s gross official foreign reserves increased to a provisional US$6.9 billion by the end of August 2026, reaching their highest level in five months…

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Sri Lanka Launches Islandwide Dengue Control Programme Amid Rising Risk

Sep 14, 2026 1 month ago 1 min read
Sri Lanka Launches Islandwide Dengue Control Programme Amid Rising Risk

The Sri Lankan Government has launched a special islandwide dengue-control programme from today (September 14) to September 19, as authorities take preventive measures against a…

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India’s BRICS Chairship Produces More Than 50 New Initiatives

Sep 14, 2026 1 month ago 5 min read
India’s BRICS Chairship Produces More Than 50 New Initiatives

India’s BRICS chairship has resulted in more than 50 initiatives covering a wide range of areas, including counterterrorism, artificial intelligence, digital infrastructure, health security, trade,…

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Sri Lanka’s 2027 Budget Expenditure Set to Rise 12.6% to Rs. 4.99 Trillion
BIZ BREAKING

Sri Lanka’s 2027 Budget Expenditure Set to Rise 12.6% to Rs. 4.99 Trillion

October 19, 2026

COLOMBO, October 19, 2026 — Sri Lanka’s total government expenditure is projected to increase by 12.6% to Rs. 4.993 trillion…

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WORLD
Petrol-Only Vehicles Fall Below 50% of Global Auto Market for First Time
October 15, 2026

TOKYO, October 15, 2026 — Petrol-only vehicles accounted for less…

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BIZ BREAKING
Oil Prices Surge as Iran’s New Hormuz Tactics Raise Global Supply Fears
October 14, 2026

COLOMBO, October 14, 2026 — Global oil prices climbed on…

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BUSINESS
Sri Lanka Takes EXPO 2027 Investment and Export Opportunities to Thai Business Community
October 14, 2026

BANGKOK, October 14, 2026 — Sri Lanka is stepping up…

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BIZ BREAKING

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
Sri Lanka Seeks EU Investment Under €300 Billion Global Gateway Initiative

Sri Lanka Seeks EU Investment Under €300 Billion Global Gateway Initiative

October 16, 2026

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BUSINESS

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
Prime Lands and Melwa Join Hands for Mixed-Use Development in Port City Colombo

Prime Lands and Melwa Join Hands for Mixed-Use Development in Port City Colombo

October 17, 2026

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ECONOMY

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
Hambantota Port Handles Over 167,000 Vehicle Deliveries Amid Import Demand

Hambantota Port Handles Over 167,000 Vehicle Deliveries Amid Import Demand

October 16, 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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