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Banking Strength Fails to Reverse CSE Slide as ASPI Falls 42 Points

Oct 3, 20261 month ago 4 min read

COLOMBO, October 3, 2026 — Strength in banking and financial counters failed to offset broader selling pressure at the Colombo Stock Exchange (CSE) yesterday, with…

Sri Lanka’s Unemployment Rate Rises to 4% in Q2 2026

Oct 3, 20261 month ago 1 min read

COLOMBO, October 3, 2026 — Sri Lanka’s unemployment rate increased to 4.0% in the second quarter of 2026, up from 3.8% during the corresponding quarter…

UAE Says Flydubai Co-Pilot Attacked Captain in Suspected Terror Plot

Oct 3, 20261 month ago 2 min read

DUBAI, October 3, 2026 — The United Arab Emirates has said a Flydubai co-pilot allegedly attempted to carry out a terrorist attack aboard a flight…

Govt Opens Rs. 95 Billion Financing Push for Businesses in Record Credit Drive

Oct 2, 20261 month ago 3 min read

COLOMBO, October 2, 2026 — Sri Lankan businesses are set to gain access to a record Rs. 95 billion in concessionary financing in 2026, with…

ADB Approves $100 Million Loan to Strengthen Sri Lanka’s Skills and Youth Employment

Oct 2, 20261 month ago 3 min read

COLOMBO, October 2, 2026 — The Asian Development Bank (ADB) has approved a $100 million results-based loan to support Sri Lanka’s efforts to modernise its…

BIZ BREAKING

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

November 7, 2026

COLOMBO, November 7, 2026 — Sri Lanka’s official reserve assets rose to US$7.086 billion at the end of October 2026,…

BUSINESS

ComBank takes Q+ digital payments drive to Jaffna ahead of Nallur Festival

September 8, 2026

Canvasses more than 350 merchants and activates cashback campaign with…

BUSINESS

Sri Lanka, Japan step up efforts to address investor concerns and develop export-oriented industrial corridor

September 8, 2026

The Board of Investment of Sri Lanka (BOI) recently hosted…

BUSINESS

Home Lands completes 60% piling work of ‘Central Park Boulevard Port City Colombo’

September 8, 2026

Home Lands yesterday announced that Central Park Boulevard Port City…

BIZ BREAKING

BUSINESS

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

ECONOMY

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

MARKETS

Colombo Stocks End Week Higher as ASPI Gains 5.4%; Daily Turnover Averages Rs. 3 Billion

NATION

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

World

IMF Chief Warns AI Slowdown Could Complicate Central Banks’ Inflation Fight

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Latest news

Japan Grants Rs. 4.56 Billion for Kelani River Pumping Project to Protect Businesses and Communities

World Bank Forecasts 23% Rise in Commodity Prices as Energy and Food Costs Climb

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

Central Bank Names 27 Prohibited Scheme Entries, Warns Public Over Companies and Apps

Banking Strength Fails to Reverse CSE Slide as ASPI Falls 42 Points

Sri Lanka’s Unemployment Rate Rises to 4% in Q2 2026

UAE Says Flydubai Co-Pilot Attacked Captain in Suspected Terror Plot

Govt Opens Rs. 95 Billion Financing Push for Businesses in Record Credit Drive

ADB Approves $100 Million Loan to Strengthen Sri Lanka’s Skills and Youth Employment

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

ComBank takes Q+ digital payments drive to Jaffna ahead of Nallur Festival

Sri Lanka, Japan step up efforts to address investor concerns and develop export-oriented industrial corridor

Home Lands completes 60% piling work of ‘Central Park Boulevard Port City Colombo’

BIZ BREAKING

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

Port City Colombo FinTech Dialogue Calls for Two-Year Growth Roadmap

Plantation Sector Calls for Longer Leases and Investment Reforms as Costs Rise and Output Falls

BUSINESS

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

Export Manufacturers Can Access TIEP Tax Concessions Through Industry Ministry: Handunnetti

ECONOMY

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

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

MARKETS

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

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

NATION

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

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

World

IMF Chief Warns AI Slowdown Could Complicate Central Banks’ Inflation Fight

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