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COLOMBO, October 31, 2026 — Fitch Ratings has upgraded the National Long-Term Ratings of Bank of Ceylon, People’s Bank and Commercial Bank, while downgrading Cargills…
COLOMBO, October 31, 2026 — Oil prices rose more than 2% on Friday to their highest closing levels since late April, as a tanker attack…
SINGAPORE, October 31, 2026 — Binance says it has reserved more than US$6.34 billion in company funds to cover user losses following its recent security…
SINGAPORE, October 31, 2026 — Binance has suffered a US$6.3 billion cryptocurrency theft, prompting the world’s largest crypto exchange to suspend withdrawals and pledge to…
COLOMBO, October 30, 2026 — Sri Lanka’s apparel exports increased by 3.47% year-on-year to US$416.99 million in September, supported by stronger shipments to the United…
BIZ BREAKING
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…
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…
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…
COLOMBO, October 16, 2026 — Sri Lanka has sought European Union (EU) investment to strengthen small and medium-sized enterprises (SMEs), develop startup incubators and expand export-oriented industries under the EU’s €300 billion Global Gateway initiative, as the country looks to…
BUSINESS
COLOMBO, October 20, 2026 — Central Bank of Sri Lanka Governor Dr. P. Nandalal Weerasinghe has stressed the importance of institutional credibility, strong monetary policy…
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…
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…
COLOMBO, October 17, 2026 — Sri Lankan developers Prime Lands and Melwa have signed a Sales and Purchase Agreement (SPA) for a new mixed-use development…
ECONOMY
COLOMBO, October 15, 2026 — The Inland Revenue Department (IRD) has reminded individuals registered for income tax to submit their income tax returns for the…
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…
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…
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
COLOMBO, October 15, 2026 — The Colombo Stock Exchange (CSE) ended the trading session in negative territory, with declines in Dialog Axiata, Carson Cumberbatch and…
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…
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…
COLOMBO, October 11, 2026 — Sri Lanka’s stock market ended the week’s final trading session in positive territory, supported by price gains in Dialog Axiata,…
NATION
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…
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…
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…
COLOMBO, October 16, 2026 — The United States has announced a US$17 million investment to digitise operations at the Port of Colombo, aiming to accelerate…
world
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…
LONDON, October 17, 2026 — Global oil prices have climbed to their highest levels in months, with Brent crude touching $110 a barrel for the…
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…
TOKYO, October 15, 2026 — Petrol-only vehicles accounted for less than half of global new-vehicle sales for the first time in the first half of…