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Russia Launches Largest Attack on Ukraine Energy Infrastructure Since Spring

Oct 1, 20261 month ago 4 min read

KYIV, October 1, 2026 — Russia has launched its largest attack on Ukraine’s energy infrastructure since the spring, targeting Kyiv and several other regions in…

Sri Lanka and Australia Agree to Deepen Cooperation in Trade, Defence and Maritime Affairs

Sep 30, 20261 month ago 3 min read

COLOMBO, September 30, 2026 — Sri Lanka and Australia have agreed to strengthen bilateral cooperation across trade, defence, education, agriculture and maritime affairs following high-level…

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…

BIZ BREAKING

ASPI Surges 478 Points as CSE Turnover Tops Rs. 2 Billion in First Hour

November 5, 2026

COLOMBO, November 5, 2026 — Stocks rallied at the Colombo Stock Exchange during the first hour of trading today, with…

NATION

Emerging El Niño effect on Sri Lanka: Be ready for catastrophe

September 8, 2026

“A prolonged El Niño drought forces a massive, unbudgeted outflow…

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…

BIZ BREAKING

BUSINESS

JAT Holdings’ Revenue Rises 36% to Rs. 7.01 Billion as Foreign Operations More Than Double

ECONOMY

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

MARKETS

Colombo Stocks Close Higher as Banking Gains Lift Turnover Above Rs. 3.9 Billion

NATION

Fitch Upgrades People’s Leasing, MBSL and CBC Finance; Outlooks Stable

World

‘Next Barack Obama’ Emerges as Clear Frontrunner for 2028 US Presidential Race

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Latest news

Luxury World Cruise Suspended in Cambodia as Soaring Fuel Costs Strand Passengers

Asian Stocks Rally as Anthropic IPO Filing Revives AI Optimism Ahead of Major Earnings

LAUGFS Gas Explores Investment and Potential Stake Sale in Hambantota LPG Terminal

Sri Lanka’s Exports Reach US$13.6 Billion in Nine Months as September Sets Monthly Record

Russia Launches Largest Attack on Ukraine Energy Infrastructure Since Spring

Sri Lanka and Australia Agree to Deepen Cooperation in Trade, Defence and Maritime Affairs

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

ASPI Surges 478 Points as CSE Turnover Tops Rs. 2 Billion in First Hour

Emerging El Niño effect on Sri Lanka: Be ready for catastrophe

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

BIZ BREAKING

ASPI Surges 478 Points as CSE Turnover Tops Rs. 2 Billion in First Hour

Crypto Cannot Be Used for Domestic Payments, CBSL Governor Says

CAL Signs Deal to Acquire 51% of Hong Kong Fund Manager Asia Frontier Capital

BUSINESS

JAT Holdings’ Revenue Rises 36% to Rs. 7.01 Billion as Foreign Operations More Than Double

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

Hayleys Solar Inaugurates Two Kosgama Projects with Combined Capacity of 5 MW

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

Colombo Stocks Close Higher as Banking Gains Lift Turnover Above Rs. 3.9 Billion

Colombo Stocks Rise as Dialog, Overseas Realty and Hayleys Lead Gains; Turnover Tops Rs. 1.5 Billion

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

NATION

Fitch Upgrades People’s Leasing, MBSL and CBC Finance; Outlooks Stable

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

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

World

‘Next Barack Obama’ Emerges as Clear Frontrunner for 2028 US Presidential Race

Laurini Officine Meccaniche Unveils 150-Ton Demolition Giant with 50-Meter Reach at World Demolition Summit in Madrid

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