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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…

Sri Lanka Plans Simpler Tax System, Customs Levies to Be Phased Out From 2027

Oct 2, 20261 month ago 3 min read

COLOMBO, October 2, 2026 — The government plans to introduce a simplified tax framework from 2027, including the gradual removal of additional levies imposed alongside…

BIZ BREAKING

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

November 10, 2026

COLOMBO, November 10, 2026 — The Central Bank of Sri Lanka has barred the Ernst & Young partners responsible for…

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…

NATION

President expects favourable SC ruling on controversial 22nd Amendment

September 8, 2026

President Anura Kumara Dissanayake said the 22nd Amendment to the…

BIZ BREAKING

BUSINESS

Fitch Upgrades Commercial Bank to ‘AA(lka)’ Following National Rating Scale Recalibration

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

World

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

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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 Plans Simpler Tax System, Customs Levies to Be Phased Out From 2027

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

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

President expects favourable SC ruling on controversial 22nd Amendment

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

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Fitch Upgrades Commercial Bank to ‘AA(lka)’ Following National Rating Scale Recalibration

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

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