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Electricity Tariff Cuts Remain Without Firm Timeline as Sri Lanka Expands Renewables

Sep 28, 20261 month ago 3 min read

COLOMBO, September 28, 2026 — Sri Lanka’s Government has yet to set a firm timeline for electricity tariff reductions, with Energy Minister Anura Karunathilaka saying…

Government Announces Rs. 41 Billion Fuel Subsidy for Three Months

Sep 28, 20261 month ago 2 min read

GAMPAHA, September 27, 2026 — President Anura Kumara Dissanayake has announced that the Government will introduce a Rs. 41 billion fuel subsidy covering the next…

Rupee Weakens Against Dollar as Selling Rates Move Towards Rs. 335

Sep 28, 20261 month ago 2 min read

COLOMBO, September 28, 2026 — The Sri Lankan Rupee weakened further against the US Dollar at several commercial banks today, with dollar selling rates moving…

Sri Lanka sets sights on 4 million tourists and US$8 billion tourism revenue by 2030

Sep 27, 20261 month ago 4 min read

COLOMBO, September 27, 2026 — Sri Lanka is targeting four million tourist arrivals and US$8 billion in annual tourism revenue by 2030, as the Government…

Minister Sunil Handunnetti joins Ceylon Gemlogue ’26 as Sri Lanka charts new direction for gem industry

Sep 27, 20261 month ago 4 min read

COLOMBO, September 27, 2026 — Minister of Industry and Entrepreneurship Development Sunil Handunnetti attended the inaugural session of Ceylon Gemlogue ’26 in Colombo today, as…

BIZ BREAKING

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

November 3, 2026

COLOMBO, November 3, 2026 — Capital Alliance Holdings PLC (CAL) has signed an agreement to acquire a 51% stake in…

MARKETS

Stocks Slip as Rising Oil, Inflation Risks and Geopolitical Tensions Rattle Markets

September 8, 2026

Global stocks edged lower on Monday as surging oil prices,…

BUSINESS

Sri Lanka hosts 11 Asian nations to showcase JICA-backed farming success

September 8, 2026

The Japan International Cooperation Agency (JICA) and the Agriculture Department…

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…

BIZ BREAKING

BUSINESS

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

ECONOMY

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

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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Latest news

Govt. Targets Digital Connectivity for All Secondary Schools by Year-End: PM

Sri Lanka Locks In 5% Inflation Target for Next Three Years

Pan Asia Bank’s Rs. 5 Billion Debenture Issue Oversubscribed on Strong Investor Demand

Sri Lanka’s Tax Revenue Surpasses Rs. 2 Trillion in First Nine Months of 2026

Electricity Tariff Cuts Remain Without Firm Timeline as Sri Lanka Expands Renewables

Government Announces Rs. 41 Billion Fuel Subsidy for Three Months

Rupee Weakens Against Dollar as Selling Rates Move Towards Rs. 335

Sri Lanka sets sights on 4 million tourists and US$8 billion tourism revenue by 2030

Minister Sunil Handunnetti joins Ceylon Gemlogue ’26 as Sri Lanka charts new direction for gem industry

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

Stocks Slip as Rising Oil, Inflation Risks and Geopolitical Tensions Rattle Markets

Sri Lanka hosts 11 Asian nations to showcase JICA-backed farming success

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

BIZ BREAKING

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

Sri Lanka’s Exports Hit Record US$1.38 Billion, but September Current Account Posts US$128 Million Deficit

Fitch Upgrades BOC, People’s Bank and Commercial Bank; Downgrades Cargills Bank

BUSINESS

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

Home Lands Showcases Sri Lankan Property Investment Opportunities in Ottawa

Sri Lanka Launches AgriConnect with US$665 Million in Investment Backing to Support Farmers and Agribusinesses

ECONOMY

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

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

MARKETS

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

CSE Recovery Enters Third Session as ASPI Jumps 297 Points Above 20,250

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

NATION

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

Centrum Air Connects Tashkent and Mattala with Twice-Weekly Direct Flights

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

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