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India Approves $19 Billion Programme to Expand Renewable Energy Grid

Oct 2, 20261 month ago 3 min read

India Approves $19 Billion Programme to Expand Renewable Energy Grid

NEW DELHI, October 2, 2026 — India’s Cabinet has approved a Rs. 1.86 trillion (US$19.42 billion) investment programme to strengthen the country’s power transmission network…

Fuel Subsidy, Vehicle Import Surcharge Shield Economy from Stronger Inflation Pressure – CBSL Governor

Oct 1, 20261 month ago 3 min read

Fuel Subsidy, Vehicle Import Surcharge Shield Economy from Stronger Inflation Pressure – CBSL Governor

COLOMBO, October 1, 2026 — Sri Lanka’s fuel subsidy and higher taxes on vehicle imports have helped contain inflationary pressure while limiting foreign exchange outflows,…

Port City Colombo Steps Up Gulf Investment Drive Across UAE, Oman and Qatar

Oct 1, 20261 month ago 4 min read

Port City Colombo Steps Up Gulf Investment Drive Across UAE, Oman and Qatar

ABU DHABI, October 1, 2026 — Port City Colombo is intensifying efforts to attract Gulf capital into Sri Lanka, with a seven-day investment roadshow across…

Fuel Prices Rise as New Rates Take Effect Across Sri Lanka

Oct 1, 20261 month ago 2 min read

Fuel Prices Rise as New Rates Take Effect Across Sri Lanka

COLOMBO, October 1, 2026 — Revised fuel prices have come into effect across Sri Lanka from today, with the Ceylon Petroleum Corporation (CPC) increasing the…

Paperless Customs Declaration Process Takes Effect Across Sri Lanka

Oct 1, 20261 month ago 2 min read

Paperless Customs Declaration Process Takes Effect Across Sri Lanka

COLOMBO, October 1, 2026 — Sri Lanka Customs has officially introduced its new Paperless Customs Declaration Process, marking a major step towards digitalising and modernising…

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

November 6, 2026

COLOMBO, November 6, 2026 — A high-level dialogue at Port City Colombo has highlighted the need for a two-year actionable…

Panama Canal May Slash Ship Traffic Further as Powerful El Niño Intensifies

September 8, 2026

Panama could impose further restrictions on ship traffic through the…

Journalists missing in Indonesia after volcano mission

September 8, 2026

Indonesian teams were searching on Tuesday for seven people including…

Yala’s Drought Shows the Growing Cost of Climate Stress on Sri Lanka Tourism

September 8, 2026

YALA, Sri Lanka, Sept 8 (Reuters) – Mugger crocodiles bask…

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BIZ BREAKING

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

November 6, 2026

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

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

November 6, 2026

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

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

November 5, 2026

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BUSINESS

Hemas H1 Revenue Rises 9.5% to Rs. 66.6 Billion as Strong Q2 Restores EBITDA Growth

Hemas H1 Revenue Rises 9.5% to Rs. 66.6 Billion as Strong Q2 Restores EBITDA Growth

November 6, 2026

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

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

November 5, 2026

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

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

November 4, 2026

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ECONOMY

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

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

November 4, 2026

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

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

November 2, 2026

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

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

October 30, 2026

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MARKETS

EPF Equity Portfolio Valued at Rs. 204.94 Billion, More Than Double Investment Cost

EPF Equity Portfolio Valued at Rs. 204.94 Billion, More Than Double Investment Cost

November 6, 2026

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

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

November 5, 2026

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

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

November 4, 2026

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NATION

Port City Colombo Holds First India Investor Forum to Strengthen Bilateral Economic Ties

Port City Colombo Holds First India Investor Forum to Strengthen Bilateral Economic Ties

November 6, 2026

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

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

November 5, 2026

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

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

November 4, 2026

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World

Nasdaq 100 Loses US$2.5 Trillion as Democrat Election Gains Deepen AI Investment Fears

Nasdaq 100 Loses US$2.5 Trillion as Democrat Election Gains Deepen AI Investment Fears

November 6, 2026

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

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

November 5, 2026

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

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

November 4, 2026

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