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Russia Launches Largest Attack on Ukraine Energy Infrastructure Since Spring

Oct 1, 20261 month ago 4 min read

KYIV, October 1, 2026 — Russia has launched its largest attack on Ukraine’s energy infrastructure since the spring, targeting Kyiv and several other regions in…

Sri Lanka and Australia Agree to Deepen Cooperation in Trade, Defence and Maritime Affairs

Sep 30, 20261 month ago 3 min read

COLOMBO, September 30, 2026 — Sri Lanka and Australia have agreed to strengthen bilateral cooperation across trade, defence, education, agriculture and maritime affairs following high-level…

Cabinet Awards Rs.2.89 Billion Baseline Road Extension Contract to Maga Engineering

Sep 30, 20261 month ago 3 min read

COLOMBO, September 30, 2026 — The Government has awarded a Rs.2.89 billion contract to Maga Engineering Ltd. for the third phase of the Baseline Road…

Rs.160 Million Diesel Discrepancy at Lakvijaya Power Plant Triggers Internal Probe

Sep 30, 20261 month ago 4 min read

COLOMBO, September 30, 2026 — An internal investigation has been launched into a diesel discrepancy exceeding Rs.160 million at the Lakvijaya Power Plant in Norochcholai,…

CBSL Holds Policy Rate at 8.75% as Inflation and External Risks Persist

Sep 30, 20261 month ago 4 min read

COLOMBO, September 30, 2026 — The Central Bank of Sri Lanka (CBSL) has kept its Overnight Policy Rate (OPR) unchanged at 8.75%, opting to maintain…

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,…

ECONOMY

Sri Lanka Targets 960 MW Battery Storage Capacity by Mid-2027

September 19, 2026

COLOMBO, September 19, 2026 — Sri Lanka plans to expand…

WORLD

Singapore Airlines Named World’s Best Airline for 2026

September 19, 2026

LONDON, September 18, 2026 — Singapore Airlines (SIA) has been…

NATION

Seat Belts Now Mandatory for All Expressway Passengers

September 19, 2026

COLOMBO, September 19, 2026 — All passengers travelling in vehicles…

BIZ BREAKING

BUSINESS

John Keells Forum Explores Property and Equity Investment Strategies for Long-Term Wealth

ECONOMY

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

MARKETS

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

NATION

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

World

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

BIZ BREAKING

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Latest news

Sri Lanka’s debt down in US$, GDP terms despite up in rupee : Deputy FinMin

In El Nino-hit Sri Lanka, wells run dry and farmer incomes shrink as drought deepens

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

Foreign Reserves Rise to USD 6,905 Million

Russia Launches Largest Attack on Ukraine Energy Infrastructure Since Spring

Sri Lanka and Australia Agree to Deepen Cooperation in Trade, Defence and Maritime Affairs

Cabinet Awards Rs.2.89 Billion Baseline Road Extension Contract to Maga Engineering

Rs.160 Million Diesel Discrepancy at Lakvijaya Power Plant Triggers Internal Probe

CBSL Holds Policy Rate at 8.75% as Inflation and External Risks Persist

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

Sri Lanka Targets 960 MW Battery Storage Capacity by Mid-2027

Singapore Airlines Named World’s Best Airline for 2026

Seat Belts Now Mandatory for All Expressway Passengers

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

John Keells Forum Explores Property and Equity Investment Strategies for Long-Term Wealth

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

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

ECONOMY

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

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

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

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

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

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

World

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

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

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