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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…

Rs. 22 Billion Uma Oya Development Project to Benefit 5,000 Families

Oct 2, 20261 month ago 2 min read

COLOMBO, October 2, 2026 — A Rs. 22.017 billion development project aimed at strengthening irrigation and water security in Monaragala is expected to benefit approximately…

CSE Snaps Six-Session Losing Streak as Buying Interest Improves

Oct 2, 20261 month ago 3 min read

COLOMBO, October 2, 2026 — The Colombo Stock Exchange snapped a six-session losing streak on Thursday, with both benchmark indices closing higher as buying interest…

India Approves $19 Billion Programme to Expand Renewable Energy Grid

Oct 2, 20261 month ago 3 min read

NEW DELHI, October 2, 2026 — India’s Cabinet has approved a Rs. 1.86 trillion (US$19.42 billion) investment programme to strengthen the country’s power transmission network…

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…

BIZ BREAKING

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

October 22, 2026

COLOMBO, October 22, 2026 — The Asian Development Bank (ADB)…

BUSINESS

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

October 22, 2026

COLOMBO, October 22, 2026 — National Development Bank PLC (NDB)…

ECONOMY

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

October 22, 2026

COLOMBO, October 22, 2026 — Sri Lanka’s headline inflation, measured…

BIZ BREAKING

BUSINESS

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

ECONOMY

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

MARKETS

Colombo Stocks Close Higher as Turnover Tops Rs. 3 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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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

Rs. 22 Billion Uma Oya Development Project to Benefit 5,000 Families

CSE Snaps Six-Session Losing Streak as Buying Interest Improves

India Approves $19 Billion Programme to Expand Renewable Energy Grid

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

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

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

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

BIZ BREAKING

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

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

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ECONOMY

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

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

MARKETS

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NATION

Opposition Launches oversight.lk to Track Government Budget Performance

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World

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