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CMTA Warns of Rs. 40 Billion Revenue Loss, Calls for Fairer Vehicle Tax Rules

Sep 12, 20261 month ago 6 min read

Oil Tops $100 as Middle East Tensions Raise Fresh Risks for Sri Lanka’s Economy

Sep 12, 20261 month ago 2 min read

Modi, Putin Move to Strengthen Ties as Russia Pushes for Greater BRICS Role

Sep 12, 20261 month ago 3 min read

Indian Prime Minister Narendra Modi and Russian President Vladimir Putin have agreed to further strengthen their long-standing strategic partnership, as Moscow called for the BRICS…

Historic Galle Lighthouse Restored to Protect Sri Lanka’s Heritage

Sep 12, 20261 month ago 2 min read

Colombo Stock Market Ends Week on a Mixed Note

Sep 12, 20261 month ago 2 min read

BIZ BREAKING

Brent Crude Hits Five-Month High of US$113.17 as Houthi Attacks Raise Supply Fears

October 23, 2026

COLOMBO, October 23, 2026 — Global oil prices rose sharply on Thursday, with Brent crude reaching a five-month closing high…

WORLD

Russia Launches Largest Attack on Ukraine Energy Infrastructure Since Spring

October 1, 2026

KYIV, October 1, 2026 — Russia has launched its largest…

NATION

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

September 30, 2026

COLOMBO, September 30, 2026 — Sri Lanka and Australia have…

BUSINESS

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

September 30, 2026

COLOMBO, September 30, 2026 — The Government has awarded a…

BIZ BREAKING

Brent Crude Hits Five-Month High of US$113.17 as Houthi Attacks Raise Supply Fears

October 23, 2026

ADB Approves US$100 Million to Expand Livelihood Support and Social Protection in Sri Lanka

October 22, 2026

Sri Lanka’s Tea Export Earnings Top US$1 Billion as Rupee Revenue Rises Despite Dollar Decline

October 21, 2026

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BUSINESS

Hayleys Solar Launches 24/7 Operations Centre to Monitor Renewable Energy Assets

October 23, 2026

NDB Reports Rs. 7.7 Billion Nine-Month Profit After Fraud Charges; Q3 Earnings Reach Rs. 2.9 Billion

October 22, 2026

Access Engineering Expects Rs. 310 Million Company-Level Loss from Logistics Project Exit

October 21, 2026

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ECONOMY

Sri Lanka’s NCPI Inflation Steady at 8.1% in September as Food Prices Accelerate

October 22, 2026

Vidullanka–David Pieris Solar Plant Adds 10 MW to Sri Lanka’s National Grid

October 20, 2026

Litro Gas Shipment Carrying 3,900 MT of LPG Scheduled to Arrive Today

October 18, 2026

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MARKETS

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NATION

Hambantota Port Targets Two Million TEU Capacity as Suez Return Opens New Opportunities

October 23, 2026

Rain to Continue Across Sri Lanka on October 23; Southwest Wet Weather Expected Until October 27

October 22, 2026

PUCSL Approves Power Cuts Across Four Groups for October 21

October 21, 2026

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World

Trump Says US Is Not Negotiating with Iran, Signals Developments ‘Fairly Soon’

October 22, 2026

China’s Third-Quarter Growth Reaches 4.5%, Narrowly Beating Forecasts

October 20, 2026

Trump to Take Up to 60 Days to Review Russia Sanctions, Rubio Says

October 18, 2026

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BIZ BREAKING

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Latest news

Sri Lanka’s 2027 Budget Expenditure Set to Rise 12.6% to Rs. 4.99 Trillion

Sri Lanka Records US$2.24 Billion in Tourism Earnings in First Nine Months

SANKEN GEN Established as Independent International Group Following Five Decades of Construction Delivery Across Three Continents

Sri Lanka’s AML Reforms Put Investor Confidence and International Banking Access in Focus

CMTA Warns of Rs. 40 Billion Revenue Loss, Calls for Fairer Vehicle Tax Rules

Oil Tops $100 as Middle East Tensions Raise Fresh Risks for Sri Lanka’s Economy

Modi, Putin Move to Strengthen Ties as Russia Pushes for Greater BRICS Role

Historic Galle Lighthouse Restored to Protect Sri Lanka’s Heritage

Colombo Stock Market Ends Week on a Mixed Note

Brent Crude Hits Five-Month High of US$113.17 as Houthi Attacks Raise Supply Fears

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

BIZ BREAKING

Brent Crude Hits Five-Month High of US$113.17 as Houthi Attacks Raise Supply Fears

ADB Approves US$100 Million to Expand Livelihood Support and Social Protection in Sri Lanka

Sri Lanka’s Tea Export Earnings Top US$1 Billion as Rupee Revenue Rises Despite Dollar Decline

BUSINESS

Hayleys Solar Launches 24/7 Operations Centre to Monitor Renewable Energy Assets

NDB Reports Rs. 7.7 Billion Nine-Month Profit After Fraud Charges; Q3 Earnings Reach Rs. 2.9 Billion

Access Engineering Expects Rs. 310 Million Company-Level Loss from Logistics Project Exit

ECONOMY

Sri Lanka’s NCPI Inflation Steady at 8.1% in September as Food Prices Accelerate

Vidullanka–David Pieris Solar Plant Adds 10 MW to Sri Lanka’s National Grid

Litro Gas Shipment Carrying 3,900 MT of LPG Scheduled to Arrive Today

MARKETS

Colombo Stocks End Lower as Crossings Account for 77.6% of Turnover

Colombo Stocks Close Lower as Crossings Drive Turnover Above Rs. 1.5 Billion

Colombo Bourse Loses Rs. 324 Billion in October as ASPI Falls Below 20,000

NATION

Hambantota Port Targets Two Million TEU Capacity as Suez Return Opens New Opportunities

Rain to Continue Across Sri Lanka on October 23; Southwest Wet Weather Expected Until October 27

PUCSL Approves Power Cuts Across Four Groups for October 21

World

Trump Says US Is Not Negotiating with Iran, Signals Developments ‘Fairly Soon’

China’s Third-Quarter Growth Reaches 4.5%, Narrowly Beating Forecasts

Trump to Take Up to 60 Days to Review Russia Sanctions, Rubio Says