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COLOMBO, November 9, 2026 — Fitch Ratings has upgraded Commercial Bank of Ceylon PLC’s National Long-Term Rating to ‘AA(lka)’ from ‘AA-(lka)’, effective October 30, 2026,…
COLOMBO, November 9, 2026 — The Joint Apparel Association Forum (JAAF) has welcomed the Government’s commitment to submit a fresh application for the European Union’s…
COLOMBO, November 8, 2026 — Formal-sector gross wages, on the EPF-based index, rose 131.8% between January 2017 and March 2026, ahead of the 114.9% rise…
WASHINGTON, November 8, 2026 — Central banks must account for any slowdown in growth driven by artificial intelligence investment when assessing how to tackle persistent…
COLOMBO, November 8, 2026 — Hambantota International Port Group (HIPG) and Al-Futtaim Logistics have explored expanding their business relationship, including vehicle shipping links to Gulf…
BIZ BREAKING
COLOMBO, October 29, 2026 — The Ceylon Chamber of Commerce has called for a careful review of proposed national security and organised crime legislation, highlighting the need to safeguard investor confidence, business competitiveness and Sri Lanka’s continued access to European…
COLOMBO, October 28, 2026 — Sri Lanka’s third mutual evaluation by the Asia/Pacific Group on Money Laundering (APG) has commenced, with assessors examining the country’s safeguards against financial crime, legal reforms and the effectiveness of institutions responsible for protecting the…
COLOMBO, October 27, 2026 — Asian equity markets rallied on Tuesday as Anthropic’s US initial public offering filing renewed enthusiasm for artificial intelligence investments, ahead of major technology earnings and interest rate decisions from leading central banks. South Korea’s technology-heavy…
COLOMBO, October 26, 2026 — Lanka IOC and Sinopec have increased their Octane 95 petrol prices by Rs. 20 per litre, bringing the revised selling price at both operators’ filling stations to Rs. 495. Lanka IOC’s increase took effect at…
BUSINESS
Japan Grants Rs. 4.56 Billion for Kelani River Pumping Project to Protect Businesses and Communities
COLOMBO, October 29, 2026 — Japan has agreed to provide JPY 2.179 billion, approximately Rs. 4.56 billion, in grant assistance for a Kelani River pumping…
COLOMBO, October 28, 2026 — Central banks adopting artificial intelligence must prioritise public trust, strong governance and human oversight, IMF Chief Information Officer Shirin Hamid…
COLOMBO, October 27, 2026 — LAUGFS Gas PLC is exploring strategic options for its wholly owned subsidiary, LAUGFS Terminals Limited, including commercial partnerships, external investment…
COLOMBO, October 26, 2026 — Five Sri Lankan pharmaceutical manufacturers participated in an exposure visit to CPHI Worldwide 2026 in Milan, seeking export opportunities, technology…
ECONOMY
COLOMBO, October 18, 2026 — Litro Gas Lanka Limited is expecting a shipment carrying 3,900 metric tonnes of liquefied petroleum gas (LPG) to arrive in…
COLOMBO, October 17, 2026 — The Port of Colombo handles an estimated US$30 billion worth of U.S.-related cargo annually, highlighting its strategic importance to international…
HAMBANTOTA, October 16, 2026 — Hambantota International Port (HIP) handled 167,569 vehicle deliveries between March 2025 and September 2026, highlighting its role in Sri Lanka’s…
COLOMBO, October 15, 2026 — The Inland Revenue Department (IRD) has reminded individuals registered for income tax to submit their income tax returns for the…
MARKETS
COLOMBO, October 21, 2026 — The Colombo Stock Exchange’s total market capitalisation has fallen by nearly Rs. 324 billion since the beginning of October, with…
COLOMBO, October 20, 2026 — Colombo stock market indices closed lower as price declines in Dialog Axiata, Hatton National Bank and Hemas Holdings weighed on…
COLOMBO, October 17, 2026 — Sri Lanka’s stock market ended the week on a positive note, with gains in counters such as Dialog Axiata, Distilleries…
COLOMBO, October 16, 2026 — The Colombo Stock Exchange (CSE) ended the session on a positive note, with both the All Share Price Index (ASPI)…
NATION
COLOMBO, October 28, 2026 — President Anura Kumara Dissanayake has directed officials to accelerate projects aimed at increasing passenger capacity and improving facilities at Katunayake…
COLOMBO, October 27, 2026 — Sri Lanka Navy Lieutenant Commander Piyumi Kathriarachchi has been recognised for graduating with honours from the US Naval Postgraduate School,…
COLOMBO, October 26, 2026 — The second generating unit at the Lakvijaya Coal Power Plant in Norochcholai has been taken offline for maintenance and repairs,…
COLOMBO, October 24, 2026 — All three generating units at the Norochcholai Coal Power Plant have been successfully reconnected to Sri Lanka’s national grid after…
world
MUMBAI, October 29, 2026 — Mukesh Ambani’s Reliance Jio Platforms climbed approximately 27% on its Mumbai stock market debut on Wednesday, reaching a valuation of…
PHNOM PENH, October 28, 2026 — Passengers aboard the luxury residential cruise ship Villa Vie Odyssey have been left stranded in Cambodia after its US-based…
BRASÍLIA, October 27, 2026 — The Liberal Party of defeated Brazilian presidential candidate Flávio Bolsonaro has recognised Luiz Inácio Lula da Silva’s runoff victory, even…
BRASÍLIA, October 26, 2026 — Brazilian President Luiz Inácio Lula da Silva has won reelection, defeating right-wing Senator Flávio Bolsonaro in a presidential runoff, according…