Latest news

Asia Asset Finance Raises Rs. 1.5 Billion Through Rights Issue

Asia Asset Finance Raises Rs. 1.5 Billion Through Rights Issue

September 14, 2026
MullenLowe Group Sri Lanka Becomes BBDO Sri Lanka

MullenLowe Group Sri Lanka Becomes BBDO Sri Lanka

September 14, 2026
Sri Lanka’s Foreign Reserves Rise to US$6.9 Billion on Record Dollar Purchases

Sri Lanka’s Foreign Reserves Rise to US$6.9 Billion on Record Dollar Purchases

September 14, 2026
Sri Lanka Launches Islandwide Dengue Control Programme Amid Rising Risk

Sri Lanka Launches Islandwide Dengue Control Programme Amid Rising Risk

September 14, 2026

HIP Hosts National Oil Spill Contingency Plan Workshop Led by MEPA

Sep 20, 2026 1 month ago 4 min read
HIP Hosts National Oil Spill Contingency Plan Workshop Led by MEPA

HAMBANTOTA, September 20, 2026 — Hambantota International Port (HIP) recently hosted a National Oil Spill Contingency Plan Workshop conducted by the Marine Environment Protection Authority…

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Sri Lanka’s Apparel Sector Targets the Next US$3 Billion in Export Growth

Sep 20, 2026 1 month ago 5 min read
Sri Lanka’s Apparel Sector Targets the Next US$3 Billion in Export Growth

COLOMBO, September 20, 2026 — Sri Lanka’s apparel industry is setting its sights on a major new phase of growth, with industry leaders seeking to…

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Sri Lanka Targets Bigger Role in Asia’s Trade and Investment Networks

Sep 20, 2026 1 month ago 2 min read
Sri Lanka Targets Bigger Role in Asia’s Trade and Investment Networks

COLOMBO, September 20, 2026 — Sri Lanka is stepping up efforts to strengthen its position within Asia’s expanding trade and investment networks as the country…

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Mahaweli River Water Levels Rise as Kandy Areas Face Flood Risk

Sep 20, 2026 1 month ago 1 min read
Mahaweli River Water Levels Rise as Kandy Areas Face Flood Risk

COLOMBO, September 20, 2026 — Authorities have issued a flood warning for several areas in Kandy District as water levels in the Mahaweli River continue…

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Sri Lanka Connects First Grid-Scale Battery Storage Facility to National Grid

Sep 19, 2026 2 months ago 3 min read
Sri Lanka Connects First Grid-Scale Battery Storage Facility to National Grid

COLOMBO, September 19, 2026 — Sri Lanka has connected its first grid-scale standalone Battery Energy Storage System (BESS) to the national electricity grid, marking a…

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CAL Signs Deal to Acquire 51% of Hong Kong Fund Manager Asia Frontier Capital
BIZ BREAKING

CAL Signs Deal to Acquire 51% of Hong Kong Fund Manager Asia Frontier Capital

November 3, 2026

COLOMBO, November 3, 2026 — Capital Alliance Holdings PLC (CAL) has signed an agreement to acquire a 51% stake in…

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MARKETS
Sri Lanka rupee at 328.20/40 to US dollar spot, bond yields flat
September 8, 2026

Sri Lanka’s rupee was quoted at 328.20/40 to the US…

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MARKETS
Sri Lanka stocks trend up on Monday
September 8, 2026

Sri Lanka’s bourse opened the week in green with the…

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MARKETS
Sri Lanka stocks trend down midday Tuesday
September 8, 2026

ECONOMYNEXT – Sri Lanka’s Colombo Stock Exchange indices were trading…

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BIZ BREAKING

CAL Signs Deal to Acquire 51% of Hong Kong Fund Manager Asia Frontier Capital

CAL Signs Deal to Acquire 51% of Hong Kong Fund Manager Asia Frontier Capital

November 3, 2026
Sri Lanka’s Exports Hit Record US$1.38 Billion, but September Current Account Posts US$128 Million Deficit

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

November 2, 2026
Fitch Upgrades BOC, People’s Bank and Commercial Bank; Downgrades Cargills Bank

Fitch Upgrades BOC, People’s Bank and Commercial Bank; Downgrades Cargills Bank

October 31, 2026

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BUSINESS

Hayleys Solar Inaugurates Two Kosgama Projects with Combined Capacity of 5 MW

Hayleys Solar Inaugurates Two Kosgama Projects with Combined Capacity of 5 MW

November 3, 2026
Home Lands Showcases Sri Lankan Property Investment Opportunities in Ottawa

Home Lands Showcases Sri Lankan Property Investment Opportunities in Ottawa

November 2, 2026
Sri Lanka Launches AgriConnect with US$665 Million in Investment Backing to Support Farmers and Agribusinesses

Sri Lanka Launches AgriConnect with US$665 Million in Investment Backing to Support Farmers and Agribusinesses

October 30, 2026

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ECONOMY

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

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

November 2, 2026
Apparel Exports Rise 3.47% in September, but Nine-Month Earnings Remain 5.52% Lower

Apparel Exports Rise 3.47% in September, but Nine-Month Earnings Remain 5.52% Lower

October 30, 2026
World Bank Forecasts 23% Rise in Commodity Prices as Energy and Food Costs Climb

World Bank Forecasts 23% Rise in Commodity Prices as Energy and Food Costs Climb

October 29, 2026

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MARKETS

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

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

November 2, 2026
CSE Recovery Enters Third Session as ASPI Jumps 297 Points Above 20,250

CSE Recovery Enters Third Session as ASPI Jumps 297 Points Above 20,250

October 30, 2026
Colombo Stocks Rise as Banking and Telecom Gains Lift Turnover Above Rs. 2.2 Billion

Colombo Stocks Rise as Banking and Telecom Gains Lift Turnover Above Rs. 2.2 Billion

October 29, 2026

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NATION

Fuel Import Costs Up 50%, Limiting Price Relief Despite Rs. 57 Billion Subsidy Allocation: Minister

Fuel Import Costs Up 50%, Limiting Price Relief Despite Rs. 57 Billion Subsidy Allocation: Minister

November 3, 2026
Centrum Air Connects Tashkent and Mattala with Twice-Weekly Direct Flights

Centrum Air Connects Tashkent and Mattala with Twice-Weekly Direct Flights

October 30, 2026
Central Bank Names 27 Prohibited Scheme Entries, Warns Public Over Companies and Apps

Central Bank Names 27 Prohibited Scheme Entries, Warns Public Over Companies and Apps

October 29, 2026

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World

Oil Prices Rise After Reported US Strike on Iran’s Qeshm Island

Oil Prices Rise After Reported US Strike on Iran’s Qeshm Island

November 3, 2026

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

November 2, 2026
Oil Hits Six-Month High as Hormuz Tanker Attack Deepens Iran Escalation Fears

Oil Hits Six-Month High as Hormuz Tanker Attack Deepens Iran Escalation Fears

October 31, 2026

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