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AkzoNobel to Sell Southeast Asia Paints Business to Nippon Paint for $1.35 Billion

Oct 5, 20261 month ago 3 min read

COLOMBO, October 5, 2026 — AkzoNobel has agreed to sell its Southeast Asian decorative paints business to Nippon Paint for $1.35 billion, marking a major…

Multilac Upgrades Colombo Municipal Council Day Care Centre for Children’s Day

Oct 5, 20261 month ago 2 min read

COLOMBO, October 5, 2026 — Multilac has completed a series of facility improvements at the Colombo Municipal Council Day Care Centre as part of a…

STC Expands Own-Brand Portfolio with Three New Products

Oct 4, 20261 month ago 3 min read

STC Management team with chief guest: From left: Wasantha Dissanayake, Private Secretary to the Minister; Ravindra Fernando, Chairman/Managing Director, Sri Lanka State Trading (General) Corporation…

Trump Says Iran Has ‘Virtually Given Up’ Plans for Nuclear Weapons

Oct 4, 20261 month ago 3 min read

WASHINGTON, October 4, 2026 — US President Donald Trump has said Iran has “virtually given up” plans to develop nuclear weapons, offering a potentially significant…

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

Oct 4, 20261 month ago 3 min read

COLOMBO, October 4, 2026 — The Government is working to provide digital connectivity to secondary schools across Sri Lanka by the end of this year,…

BIZ BREAKING

President Reviews Final 2027 Budget Proposals, Pledges Wider Benefits from Economic Stability

November 11, 2026

COLOMBO, November 11, 2026 — President Anura Kumara Dissanayake has reviewed the final proposals for the 2027 Budget, saying it…

ECONOMY

Sri Lanka Economy Grows 4.2% in Second Quarter of 2026

September 16, 2026

COLOMBO, September 16, 2026 — Sri Lanka’s economy expanded by…

MARKETS

Aitken Spence Hotels’ Rs. 5 Billion Debenture Issue Fully Taken Up on Opening Day

September 16, 2026

COLOMBO, September 16, 2026 — Aitken Spence Hotel Holdings PLC…

BUSINESS

DIMO and Union Bank Join Forces to Expand Vehicle Financing Options

September 16, 2026

COLOMBO, September 16, 2026 — DIMO has partnered with Union…

BIZ BREAKING

BUSINESS

ECONOMY

Sri Lanka’s Remittances Reach US$735.6 Million in October; Ten-Month Inflows Top US$7.6 Billion

MARKETS

ASPI Surges 592 Points Above 22,000 as CSE Turnover Hits Rs. 7.95 Billion

NATION

CBSL Clarifies EY Remains Eligible to Audit Licensed Banks

November 11, 2026

Industry Minister raises performance-based reward scheme with President as productivity competition returns after five-year gap

November 11, 2026

EDB Recognises Sri Lanka Expo 2027 Partners Ahead of Major International Trade Exhibition

November 9, 2026

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World

Nvidia Falls Nearly 7.5% at Open, Erasing US$335 Billion Before Paring Losses

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Latest news

India’s defence minister Rajnath Singh to visit Sri Lanka today

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Sri Lanka Economic and Investment Summit 2026 to Examine How Sri Lanka Can Build a More Resilient Economy for the Future

AkzoNobel to Sell Southeast Asia Paints Business to Nippon Paint for $1.35 Billion

Multilac Upgrades Colombo Municipal Council Day Care Centre for Children’s Day

STC Expands Own-Brand Portfolio with Three New Products

Trump Says Iran Has ‘Virtually Given Up’ Plans for Nuclear Weapons

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

President Reviews Final 2027 Budget Proposals, Pledges Wider Benefits from Economic Stability

Sri Lanka Economy Grows 4.2% in Second Quarter of 2026

Aitken Spence Hotels’ Rs. 5 Billion Debenture Issue Fully Taken Up on Opening Day

DIMO and Union Bank Join Forces to Expand Vehicle Financing Options

BIZ BREAKING

President Reviews Final 2027 Budget Proposals, Pledges Wider Benefits from Economic Stability

CBSL Bars EY Audit Partners from Banking Audits Following Rs. 13.6 Billion NDB Fraud

JAAF Backs Fresh GSP+ Application to Protect Sri Lanka’s EU Market Access

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Dialog Nine-Month Profit Jumps 92% to Rs. 28.5 Billion; Digital Investment Reaches Rs. 27.4 Billion

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

ECONOMY

Sri Lanka’s Remittances Reach US$735.6 Million in October; Ten-Month Inflows Top US$7.6 Billion

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

MARKETS

ASPI Surges 592 Points Above 22,000 as CSE Turnover Hits Rs. 7.95 Billion

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

NATION

CBSL Clarifies EY Remains Eligible to Audit Licensed Banks

Industry Minister raises performance-based reward scheme with President as productivity competition returns after five-year gap

EDB Recognises Sri Lanka Expo 2027 Partners Ahead of Major International Trade Exhibition

World

Nvidia Falls Nearly 7.5% at Open, Erasing US$335 Billion Before Paring Losses

Oil Plunges More Than US$7 as Trump Signals Restraint on Iran Strikes

China Extends Suspension of 24% Additional Tariff on US Goods for Two Months