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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…
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…
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…
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…
BIZ BREAKING
JAFFNA, October 7, 2026 — The Board of Investment of Sri Lanka (BOI) is accelerating plans to transform the Northern Province into a new investment and export hub, with the proposed Export Processing Zones (EPZs) at Paranthan and Kankesanthurai (KKS)…
COLOMBO, October 6, 2026 — Sri Lanka and the Asian Development Bank (ADB) have begun discussions on a multi-year development programme for 2026–2029, with the government seeking to prioritise projects that can accelerate economic development while supporting fiscal targets and…
COLOMBO, October 3, 2026 — Sri Lanka has formally locked in a 5% inflation target for the next three years, reinforcing price stability as the central anchor for monetary policy and providing businesses and investors with a clearer medium-term economic…
COLOMBO, October 2, 2026 — Sri Lankan businesses are set to gain access to a record Rs. 95 billion in concessionary financing in 2026, with Rs. 25 billion specifically allocated to small and medium-sized enterprises (SMEs) as the government moves…
BUSINESS
COLOMBO, October 9, 2026 — Sri Lankan exporters have secured approximately US$50,000 in confirmed orders and are negotiating a further US$150,000 in potential business following…
MELBOURNE, October 8, 2026 — Prime Group is strengthening Sri Lanka’s position as an international real estate investment destination, following recognition for its contribution to…
COLOMBO, October 7, 2026 — The Colombo Stock Exchange (CSE) and Commercial Bank of Ceylon PLC have entered into a Memorandum of Understanding (MoU) to…
Cinnamon Hotels & Resorts Senior Vice President-Colombo Hotels and Cinnamon Life at City of Dreams Sri Lanka General Manager Kamal Munasinghe (right) with AOD Founder…
ECONOMY
COLOMBO, October 7, 2026 — Sri Lanka’s parliamentary process for the 2027 national budget formally commenced today with the presentation of the Appropriation Bill for…
COLOMBO, October 6, 2026 — Sri Lanka’s economy has returned to pre-crisis levels, marking a major milestone in the country’s recovery, but the benefits of…
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…
COLOMBO, October 2, 2026 — The government plans to introduce a simplified tax framework from 2027, including the gradual removal of additional levies imposed alongside…
MARKETS
COLOMBO, October 6, 2026 — Sri Lanka’s stock market closed lower on Tuesday, with both benchmark indices ending in negative territory as selling pressure on…
COLOMBO, October 3, 2026 — Strength in banking and financial counters failed to offset broader selling pressure at the Colombo Stock Exchange (CSE) yesterday, with…
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…
COLOMBO, October 1, 2026 — Sri Lanka’s stock market closed lower, with both benchmark indices ending in negative territory as price declines in key counters…
NATION
COLOMBO, October 9, 2026 — Sri Lankan scientist Themiya Nanayakkara has contributed to a landmark international astronomy discovery involving the oldest fast radio burst ever…
COLOMBO, October 6, 2026 — The Cabinet of Ministers has approved a proposal to sign a visa exemption agreement between Sri Lanka and Thailand, allowing…
COLOMBO, October 6, 2026 — Sri Lanka’s Energy Ministry has instructed relevant companies to maintain minimum fuel stock levels to ensure uninterrupted availability of petroleum…
COLOMBO, October 5, 2026 — Multilac has completed a series of facility improvements at the Colombo Municipal Council Day Care Centre as part of a…
world
BEIJING, October 6, 2026 — China’s economic recovery is facing mounting pressure as weak domestic demand, persistent industrial overcapacity and a prolonged property downturn continue…
WASHINGTON, October 4, 2026 — US President Donald Trump has said Iran has “virtually given up” plans to develop nuclear weapons, offering a potentially significant…
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…
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…