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Pan Asia Bank’s Rs. 5 Billion Debenture Issue Oversubscribed on Strong Investor Demand

Oct 3, 20261 month ago 2 min read

Pan Asia Bank’s Rs. 5 Billion Debenture Issue Oversubscribed on Strong Investor Demand

B D A Perera, Chairman and Naleen Edirisinghe Director/CEO of Pan Asia Bank COLOMBO, October 3, 2026 — Pan Asia Banking Corporation PLC has secured…

Sri Lanka’s Tax Revenue Surpasses Rs. 2 Trillion in First Nine Months of 2026

Oct 3, 20261 month ago 2 min read

Sri Lanka’s Tax Revenue Surpasses Rs. 2 Trillion in First Nine Months of 2026

COLOMBO, October 3, 2026 — Sri Lanka’s Inland Revenue Department (IRD) collected more than Rs. 2.04 trillion in tax revenue during the first nine months…

Banking Strength Fails to Reverse CSE Slide as ASPI Falls 42 Points

Oct 3, 20261 month ago 4 min read

Banking Strength Fails to Reverse CSE Slide as ASPI Falls 42 Points

COLOMBO, October 3, 2026 — Strength in banking and financial counters failed to offset broader selling pressure at the Colombo Stock Exchange (CSE) yesterday, with…

Sri Lanka’s Unemployment Rate Rises to 4% in Q2 2026

Oct 3, 20261 month ago 1 min read

Sri Lanka’s Unemployment Rate Rises to 4% in Q2 2026

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

UAE Says Flydubai Co-Pilot Attacked Captain in Suspected Terror Plot

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…

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

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…

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…

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…

Home Lands completes 60% piling work of ‘Central Park Boulevard Port City Colombo’

September 8, 2026

Home Lands yesterday announced that Central Park Boulevard Port City…

BIZ BREAKING

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

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

November 13, 2026

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

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

November 11, 2026

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

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

November 10, 2026

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BUSINESS

Ceylon Chamber Says Budget 2027 Could Do More to Attract Foreign Investment

Ceylon Chamber Says Budget 2027 Could Do More to Attract Foreign Investment

November 14, 2026

Hayleys Reports US$1 Billion First-Half Revenue Milestone as Pre-Tax Profit Rises 49%

Hayleys Reports US$1 Billion First-Half Revenue Milestone as Pre-Tax Profit Rises 49%

November 14, 2026

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

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

November 13, 2026

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ECONOMY

LAUGFS Gas Says Rs. 1,775 Price Increase Reflects Higher Import and Financing Costs

LAUGFS Gas Says Rs. 1,775 Price Increase Reflects Higher Import and Financing Costs

November 15, 2026

SEC Welcomes Budget 2027 Measures to Broaden Capital Market Access for Students and SMEs

SEC Welcomes Budget 2027 Measures to Broaden Capital Market Access for Students and SMEs

November 13, 2026

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

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

November 12, 2026

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MARKETS

Colombo Stocks Fall After Budget Presentation; ASPI Drops 133 Points

Colombo Stocks Fall After Budget Presentation; ASPI Drops 133 Points

November 14, 2026

Colombo Stocks Close Higher as Turnover Tops Rs. 3 Billion

Colombo Stocks Close Higher as Turnover Tops Rs. 3 Billion

November 13, 2026

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

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

November 10, 2026

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NATION

Nearly Rs. 900 Billion Spent Annually on Public Sector Salaries, Jayatissa Says

Nearly Rs. 900 Billion Spent Annually on Public Sector Salaries, Jayatissa Says

November 15, 2026

Opposition Launches oversight.lk to Track Government Budget Performance

Opposition Launches oversight.lk to Track Government Budget Performance

November 12, 2026

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

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

November 11, 2026

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World

Binance Targets Full Withdrawal Reopening by End of Next Week After US$6.3 Billion Hack

Binance Targets Full Withdrawal Reopening by End of Next Week After US$6.3 Billion Hack

November 15, 2026

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

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

November 10, 2026

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

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

November 10, 2026

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