Sri Lanka’s Exports Hit Record US$1.38 Billion, but September Current Account Posts US$128 Million Deficit

Nov 2, 2026 3 days ago 3 min read
Sri Lanka’s Exports Hit Record US$1.38 Billion, but September Current Account Posts US$128 Million Deficit

COLOMBO, November 2, 2026 — Sri Lanka recorded its highest-ever monthly merchandise export earnings of US$1.377 billion in September 2026, but the external current account…

Tucker Carlson Warns of Possible Nuclear Strike on Iran Within Days — Markets and Energy Supply at Risk.

Nov 2, 2026 3 days ago 5 min read
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Tucker Carlson claimed early Monday that the Trump administration is under intense pressure from Israeli Prime Minister Benjamin Netanyahu to launch a nuclear strike on…

ASPI Falls 10.97% in Ten Months as October Wipes Rs. 441 Billion Off Market Value

Nov 2, 2026 3 days ago 1 min read
ASPI Falls 10.97% in Ten Months as October Wipes Rs. 441 Billion Off Market Value

COLOMBO, November 2, 2026 — Sri Lanka’s benchmark All Share Price Index (ASPI) declined by 10.97% during the first ten months of 2026, while the…

CPC Raises Petrol and Diesel Prices; Lanka IOC Matches Two Fuel Rates

Nov 2, 2026 3 days ago 1 min read
CPC Raises Petrol and Diesel Prices; Lanka IOC Matches Two Fuel Rates

COLOMBO, November 2, 2026 — The Ceylon Petroleum Corporation (CPC) has increased petrol and diesel prices, effective from midnight on November 1, while leaving kerosene…

Home Lands Showcases Sri Lankan Property Investment Opportunities in Ottawa

Nov 2, 2026 3 days ago 1 min read
Home Lands Showcases Sri Lankan Property Investment Opportunities in Ottawa

COLOMBO, November 2, 2026 — Home Lands has showcased Sri Lankan real estate investment opportunities at a property investment roadshow in Ottawa, Canada, engaging prospective…

ASPI Surges 478 Points as CSE Turnover Tops Rs. 2 Billion in First Hour

COLOMBO, November 5, 2026 — Stocks rallied at the Colombo Stock Exchange during the first hour of trading today, with…

BIZ BREAKING

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

Oct 21, 2026 2 weeks ago 3 min read
Sri Lanka’s Tea Export Earnings Top US$1 Billion as Rupee Revenue Rises Despite Dollar Decline

COLOMBO, October 21, 2026 — Sri Lanka earned approximately US$1.083 billion from tea exports during the first nine months of 2026, crossing the billion-dollar mark despite lower shipment volumes and a decline from the US$1.163 billion recorded a year earlier.…

Rs. 3 Billion HLAB Fund Launched to Back Business Growth; First Capital Commits Rs. 300 Million

Oct 20, 2026 2 weeks ago 3 min read
Rs. 3 Billion HLAB Fund Launched to Back Business Growth; First Capital Commits Rs. 300 Million

COLOMBO, October 20, 2026 — Hatch, Lankan Angel Network and BOV Capital have launched HLAB, a Rs. 3 billion investment fund aimed at supporting early and growth-stage companies incorporated in Sri Lanka, with First Capital Holdings PLC committing Rs. 300…

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

Oct 19, 2026 2 weeks ago 3 min read
Sri Lanka’s 2027 Budget Expenditure Set to Rise 12.6% to Rs. 4.99 Trillion

COLOMBO, October 19, 2026 — Sri Lanka’s total government expenditure is projected to increase by 12.6% to Rs. 4.993 trillion in 2027, from Rs. 4.434 trillion in 2026, with a sharp expansion in capital investment and an unchanged overall borrowing…

IMF Signals Continued Support for Sri Lanka Beyond March 2027 Programme Expiry

Oct 17, 2026 3 weeks ago 5 min read
IMF Signals Continued Support for Sri Lanka Beyond March 2027 Programme Expiry

COLOMBO, October 17, 2026 — The International Monetary Fund (IMF) has signalled its readiness to continue supporting Sri Lanka beyond the expiry of its current lending programme in March 2027, while emphasising that completing the remaining reviews and consolidating economic…

BUSINESS

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

Oct 21, 2026 2 weeks ago 2 min read
Access Engineering Expects Rs. 310 Million Company-Level Loss from Logistics Project Exit

COLOMBO, October 21, 2026 — Access Engineering PLC expects to recognise a loss of approximately Rs. 310 million in its standalone company financial statements following…

Central Bank Governor Highlights Policy Credibility and Price Stability at RBI Conference

Oct 20, 2026 2 weeks ago 2 min read
Central Bank Governor Highlights Policy Credibility and Price Stability at RBI Conference

COLOMBO, October 20, 2026 — Central Bank of Sri Lanka Governor Dr. P. Nandalal Weerasinghe has stressed the importance of institutional credibility, strong monetary policy…

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

Oct 19, 2026 2 weeks ago 3 min read
SANKEN GEN Established as Independent International Group Following Five Decades of Construction Delivery Across Three Continents

COLOMBO, October 19, 2026 — SANKEN GEN has been established as an independent international group, bringing together the Group’s overseas construction operations, real estate interests…

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

Oct 18, 2026 3 weeks ago 5 min read
Sri Lanka’s AML Reforms Put Investor Confidence and International Banking Access in Focus

COLOMBO, October 18, 2026 — Sri Lanka’s efforts to strengthen anti-money laundering (AML) controls and improve corporate transparency are gaining importance ahead of an upcoming…

ECONOMY

IRD Sets November 30 Deadline for 2025/2026 Income Tax Returns

Oct 15, 2026 3 weeks ago 2 min read
IRD Sets November 30 Deadline for 2025/2026 Income Tax Returns

COLOMBO, October 15, 2026 — The Inland Revenue Department (IRD) has reminded individuals registered for income tax to submit their income tax returns for the…

Sri Lanka Courts Investors With Renewable Energy, Port Expansion and Rs. 2 Trillion Capital Spending Plan

Oct 14, 2026 3 weeks ago 7 min read
Sri Lanka Courts Investors With Renewable Energy, Port Expansion and Rs. 2 Trillion Capital Spending Plan

COLOMBO, October 14, 2026 — President Anura Kumara Dissanayake has outlined an investment-led economic strategy centred on renewable energy, port infrastructure, rural enterprise development and…

MF Projects Sri Lanka’s Economic Growth to Moderate to 3.7% in 2027

Oct 13, 2026 3 weeks ago 3 min read
MF Projects Sri Lanka’s Economic Growth to Moderate to 3.7% in 2027

COLOMBO, October 13, 2026 — Sri Lanka’s economic growth is projected to ease to 3.7% in 2027 from an estimated 4% in 2026, according to…

President to Open Sri Lanka Economic and Investment Summit 2026 as Focus Shifts to Growth and Investment

Oct 12, 2026 3 weeks ago 4 min read
President to Open Sri Lanka Economic and Investment Summit 2026 as Focus Shifts to Growth and Investment

COLOMBO, October 12, 2026 — President Anura Kumara Dissanayake is scheduled to inaugurate the Sri Lanka Economic & Investment Summit 2026 today at Shangri-La Colombo,…

MARKETS

CSE Indices Close Higher as Turnover Exceeds Rs. 1.5 Billion

Oct 16, 2026 3 weeks ago 2 min read
CSE Indices Close Higher as Turnover Exceeds Rs. 1.5 Billion

COLOMBO, October 16, 2026 — The Colombo Stock Exchange (CSE) ended the session on a positive note, with both the All Share Price Index (ASPI)…

CSE Closes in Red as Dialog Axiata and Key Counters Weigh on Indices

Oct 15, 2026 3 weeks ago 2 min read
CSE Closes in Red as Dialog Axiata and Key Counters Weigh on Indices

COLOMBO, October 15, 2026 — The Colombo Stock Exchange (CSE) ended the trading session in negative territory, with declines in Dialog Axiata, Carson Cumberbatch and…

CSE Extends Losses as Dialog, Commercial Bank and HNB Weigh on Indices

Oct 14, 2026 3 weeks ago 2 min read
CSE Extends Losses as Dialog, Commercial Bank and HNB Weigh on Indices

COLOMBO, October 14, 2026 — Sri Lanka’s stock market closed lower, with losses in heavyweight counters including Dialog Axiata, Commercial Bank and Hatton National Bank…

CSE Closes in Red as Hemas, LOLC Holdings and Cargills Weigh on Market Sentiment

Oct 13, 2026 3 weeks ago 3 min read
CSE Closes in Red as Hemas, LOLC Holdings and Cargills Weigh on Market Sentiment

COLOMBO, October 13, 2026 — Sri Lanka’s stock market closed lower as selling pressure on heavyweight counters, including Hemas Holdings, LOLC Holdings and Cargills, dragged…

NATION

China Merchants’ Exit from US$392 Million Colombo Logistics Project Raises Investment Concerns

Oct 20, 2026 2 weeks ago 4 min read
China Merchants’ Exit from US$392 Million Colombo Logistics Project Raises Investment Concerns

COLOMBO, October 20, 2026 — China Merchants Port Holdings’ withdrawal from a US$392 million logistics development at the Port of Colombo has raised concerns over…

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

Oct 19, 2026 2 weeks ago 2 min read
Sri Lanka Records US$2.24 Billion in Tourism Earnings in First Nine Months

COLOMBO, October 19, 2026 — Sri Lanka generated US$2.245 billion in tourism earnings during the first nine months of 2026, although revenue from the sector…

Sri Lanka and Japan Advance Industrial Corridor Plan During Industry Minister’s Tokyo Visit

Oct 17, 2026 3 weeks ago 4 min read
Sri Lanka and Japan Advance Industrial Corridor Plan During Industry Minister’s Tokyo Visit

TOKYO / COLOMBO, 17 October 2026 — Japan has reaffirmed its commitment to a roadmap for a Sri Lanka–Japan Export-Oriented Industrial Corridor following talks with…

Rs. 3.09 Billion Surgical Ward Complex Planned for Tangalle Hospital

Oct 17, 2026 3 weeks ago 2 min read
Rs. 3.09 Billion Surgical Ward Complex Planned for Tangalle Hospital

TANGALLE, October 17, 2026 — A nine-storey surgical ward complex estimated to cost Rs. 3.09 billion is planned for Tangalle Base Hospital as part of…

world

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

Oct 20, 2026 2 weeks ago 4 min read
China’s Third-Quarter Growth Reaches 4.5%, Narrowly Beating Forecasts

BEIJING, October 20, 2026 — China’s economy expanded by 4.5% in the third quarter, slightly exceeding market expectations as strong exports helped offset weak domestic…

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

Oct 18, 2026 3 weeks ago 4 min read
Trump to Take Up to 60 Days to Review Russia Sanctions, Rubio Says

WASHINGTON, October 18, 2026 — US President Donald Trump will take up to 60 days to assess the economic implications of Russia-related sanctions and tariffs…

Oil Prices Hit $110 a Barrel as Middle East Tensions Raise Supply Concerns

Oct 17, 2026 3 weeks ago 5 min read
Oil Prices Hit $110 a Barrel as Middle East Tensions Raise Supply Concerns

LONDON, October 17, 2026 — Global oil prices have climbed to their highest levels in months, with Brent crude touching $110 a barrel for the…

Tesla Unveils Flying Roadster, Claims Sub-One-Second 0–60 MPH Acceleration

Oct 16, 2026 3 weeks ago 4 min read
Tesla Unveils Flying Roadster, Claims Sub-One-Second 0–60 MPH Acceleration

MCLENNAN, October 16, 2026 — Tesla has unveiled its long-awaited next-generation Roadster with a dramatic demonstration featuring midair flips, rocket-inspired propulsion technology and a claimed…