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Ceylon Chamber Says Budget 2027 Could Do More to Attract Foreign Investment

Ceylon Chamber Says Budget 2027 Could Do More to Attract Foreign Investment

November 14, 2026
Colombo Stocks Fall After Budget Presentation; ASPI Drops 133 Points

Colombo Stocks Fall After Budget Presentation; ASPI Drops 133 Points

November 14, 2026
Hayleys Reports US$1 Billion First-Half Revenue Milestone as Pre-Tax Profit Rises 49%

Hayleys Reports US$1 Billion First-Half Revenue Milestone as Pre-Tax Profit Rises 49%

November 14, 2026
Colombo Stocks Close Higher as Turnover Tops Rs. 3 Billion

Colombo Stocks Close Higher as Turnover Tops Rs. 3 Billion

November 13, 2026

Cabinet Awards Rs.2.89 Billion Baseline Road Extension Contract to Maga Engineering

Sep 30, 2026 2 months ago 3 min read
Cabinet Awards Rs.2.89 Billion Baseline Road Extension Contract to Maga Engineering

COLOMBO, September 30, 2026 — The Government has awarded a Rs.2.89 billion contract to Maga Engineering Ltd. for the third phase of the Baseline Road…

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Rs.160 Million Diesel Discrepancy at Lakvijaya Power Plant Triggers Internal Probe

Sep 30, 2026 2 months ago 4 min read
Rs.160 Million Diesel Discrepancy at Lakvijaya Power Plant Triggers Internal Probe

COLOMBO, September 30, 2026 — An internal investigation has been launched into a diesel discrepancy exceeding Rs.160 million at the Lakvijaya Power Plant in Norochcholai,…

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CBSL Holds Policy Rate at 8.75% as Inflation and External Risks Persist

Sep 30, 2026 2 months ago 4 min read
CBSL Holds Policy Rate at 8.75% as Inflation and External Risks Persist

COLOMBO, September 30, 2026 — The Central Bank of Sri Lanka (CBSL) has kept its Overnight Policy Rate (OPR) unchanged at 8.75%, opting to maintain…

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US Forces Complete Iraq Withdrawal, Raising Concerns Over Iran’s Growing Influence

Sep 30, 2026 2 months ago 4 min read
US Forces Complete Iraq Withdrawal, Raising Concerns Over Iran’s Growing Influence

BAGHDAD, September 30, 2026 — The United States is completing the withdrawal of its forces from their remaining bases in Iraq, ending more than two…

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Sri Lanka Targets Saudi Capital for New Investment and Development Partnerships

Sep 29, 2026 2 months ago 5 min read
Sri Lanka Targets Saudi Capital for New Investment and Development Partnerships

COLOMBO, September 29, 2026 — Sri Lanka is stepping up efforts to attract Saudi investment into new development projects, seeking to transform its longstanding relationship…

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Budget 2027 Targets Rs. 6.18 Trillion in Revenue and Grants, Deficit at 4.5% of GDP
BIZ BREAKING

Budget 2027 Targets Rs. 6.18 Trillion in Revenue and Grants, Deficit at 4.5% of GDP

November 13, 2026

COLOMBO, November 13, 2026 — Sri Lanka’s 2027 Budget estimates total government revenue and grants at Rs. 6,180 billion, with…

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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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MARKETS
Stocks Slip as Rising Oil, Inflation Risks and Geopolitical Tensions Rattle Markets
September 8, 2026

Global stocks edged lower on Monday as surging oil prices,…

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BUSINESS
Sri Lanka hosts 11 Asian nations to showcase JICA-backed farming success
September 8, 2026

The Japan International Cooperation Agency (JICA) and the Agriculture Department…

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BIZ BREAKING

Budget 2027 Targets Rs. 6.18 Trillion in Revenue and Grants, Deficit at 4.5% of GDP

Budget 2027 Targets Rs. 6.18 Trillion in Revenue and Grants, Deficit at 4.5% of GDP

November 13, 2026
President Reviews Final 2027 Budget Proposals, Pledges Wider Benefits from Economic Stability

President Reviews Final 2027 Budget Proposals, Pledges Wider Benefits from Economic Stability

November 11, 2026
CBSL Bars EY Audit Partners from Banking Audits Following Rs. 13.6 Billion NDB Fraud

CBSL Bars EY Audit Partners from Banking Audits Following Rs. 13.6 Billion NDB Fraud

November 10, 2026

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BUSINESS

Ceylon Chamber Says Budget 2027 Could Do More to Attract Foreign Investment

Ceylon Chamber Says Budget 2027 Could Do More to Attract Foreign Investment

November 14, 2026
Hayleys Reports US$1 Billion First-Half Revenue Milestone as Pre-Tax Profit Rises 49%

Hayleys Reports US$1 Billion First-Half Revenue Milestone as Pre-Tax Profit Rises 49%

November 14, 2026
ComBank Group Nine-Month Income Rises 18.9% to Rs. 318.8 Billion; Profit Reaches Rs. 52.2 Billion

ComBank Group Nine-Month Income Rises 18.9% to Rs. 318.8 Billion; Profit Reaches Rs. 52.2 Billion

November 13, 2026

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ECONOMY

SEC Welcomes Budget 2027 Measures to Broaden Capital Market Access for Students and SMEs

SEC Welcomes Budget 2027 Measures to Broaden Capital Market Access for Students and SMEs

November 13, 2026
President to Present 2027 Budget Today with Rs. 4.99 Trillion in Proposed Expenditure

President to Present 2027 Budget Today with Rs. 4.99 Trillion in Proposed Expenditure

November 12, 2026
Sri Lanka’s Remittances Reach US$735.6 Million in October; Ten-Month Inflows Top US$7.6 Billion

Sri Lanka’s Remittances Reach US$735.6 Million in October; Ten-Month Inflows Top US$7.6 Billion

November 9, 2026

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MARKETS

Colombo Stocks Fall After Budget Presentation; ASPI Drops 133 Points

Colombo Stocks Fall After Budget Presentation; ASPI Drops 133 Points

November 14, 2026
Colombo Stocks Close Higher as Turnover Tops Rs. 3 Billion

Colombo Stocks Close Higher as Turnover Tops Rs. 3 Billion

November 13, 2026
ASPI Surges 592 Points Above 22,000 as CSE Turnover Hits Rs. 7.95 Billion

ASPI Surges 592 Points Above 22,000 as CSE Turnover Hits Rs. 7.95 Billion

November 10, 2026

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NATION

Opposition Launches oversight.lk to Track Government Budget Performance

Opposition Launches oversight.lk to Track Government Budget Performance

November 12, 2026
Handunnetti Participates as National Sathosa Opens First Wholesale Outlet in Matara Following Revival

Handunnetti Participates as National Sathosa Opens First Wholesale Outlet in Matara Following Revival

November 11, 2026
CBSL Clarifies EY Remains Eligible to Audit Licensed Banks

CBSL Clarifies EY Remains Eligible to Audit Licensed Banks

November 11, 2026

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World

Nvidia Falls Nearly 7.5% at Open, Erasing US$335 Billion Before Paring Losses

Nvidia Falls Nearly 7.5% at Open, Erasing US$335 Billion Before Paring Losses

November 10, 2026
Oil Plunges More Than US$7 as Trump Signals Restraint on Iran Strikes

Oil Plunges More Than US$7 as Trump Signals Restraint on Iran Strikes

November 10, 2026
China Extends Suspension of 24% Additional Tariff on US Goods for Two Months

China Extends Suspension of 24% Additional Tariff on US Goods for Two Months

November 9, 2026

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