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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

Budget 2027 Targets Rs. 6.18 Trillion in Revenue and Grants, Deficit at 4.5% of GDP

November 13, 2026

COLOMBO, November 13, 2026 — Sri Lanka’s 2027 Budget estimates total government revenue and grants at Rs. 6,180 billion, with…

BUSINESS

Sri Lanka hosts 11 Asian nations to showcase JICA-backed farming success

September 8, 2026

The Japan International Cooperation Agency (JICA) and the Agriculture Department…

BUSINESS

ComBank takes Q+ digital payments drive to Jaffna ahead of Nallur Festival

September 8, 2026

Canvasses more than 350 merchants and activates cashback campaign with…

BUSINESS

Sri Lanka, Japan step up efforts to address investor concerns and develop export-oriented industrial corridor

September 8, 2026

The Board of Investment of Sri Lanka (BOI) recently hosted…

BIZ BREAKING

BUSINESS

ComBank Group Nine-Month Income Rises 18.9% to Rs. 318.8 Billion; Profit Reaches Rs. 52.2 Billion

ECONOMY

President to Present 2027 Budget Today with Rs. 4.99 Trillion in Proposed Expenditure

MARKETS

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

NATION

Opposition Launches oversight.lk to Track Government Budget Performance

World

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

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Latest news

Sri Lanka stocks trend up Friday, Kotagala to absorb subsidiary

Sri Lanka rupee at 328.20/40 to US dollar spot, bond yields flat

Sri Lanka stocks trend up on Monday

Sri Lanka stocks trend down midday Tuesday

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

Budget 2027 Targets Rs. 6.18 Trillion in Revenue and Grants, Deficit at 4.5% of GDP

Sri Lanka hosts 11 Asian nations to showcase JICA-backed farming success

ComBank takes Q+ digital payments drive to Jaffna ahead of Nallur Festival

Sri Lanka, Japan step up efforts to address investor concerns and develop export-oriented industrial corridor

BIZ BREAKING

Budget 2027 Targets Rs. 6.18 Trillion in Revenue and Grants, Deficit at 4.5% of GDP

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

BUSINESS

ComBank Group Nine-Month Income Rises 18.9% to Rs. 318.8 Billion; Profit Reaches Rs. 52.2 Billion

Sri Lankan Fruit Experts and Chinese Entrepreneurs Explore Agricultural Cooperation

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

ECONOMY

President to Present 2027 Budget Today with Rs. 4.99 Trillion in Proposed Expenditure

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

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

Opposition Launches oversight.lk to Track Government Budget Performance

Handunnetti Participates as National Sathosa Opens First Wholesale Outlet in Matara Following Revival

CBSL Clarifies EY Remains Eligible to Audit Licensed Banks

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