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IMF Commends Sri Lanka’s Fiscal Progress as Seventh Review Continues

Sep 18, 20262 months ago 3 min read

COLOMBO, September 18, 2026 — The International Monetary Fund (IMF) has commended Sri Lanka’s recent progress in maintaining fiscal discipline, increasing government revenue and attracting…

Visa Highlights Digital Growth Opportunities for Sri Lankan SMEs at National SME Forum

Sep 18, 20262 months ago 3 min read

COLOMBO, September 18, 2026 — Visa has reaffirmed its commitment to supporting the growth and digital transformation of Sri Lanka’s small and medium enterprises (SMEs)…

India Steps Up Push to Become Global Semiconductor Manufacturing Hub

Sep 18, 20262 months ago 3 min read

NEW DELHI, September 18, 2026 — Indian Prime Minister Narendra Modi has stepped up efforts to position India as a major global destination for semiconductor…

Oil Prices Set for Weekly Decline as Saudi Supply Concerns Ease

Sep 18, 20262 months ago 3 min read

LONDON, September 18, 2026 — Global oil prices are heading for a weekly decline after three consecutive weeks of gains, as concerns over disruptions to…

WindForce Boosts Renewable Portfolio to 268 MW with Battery Storage and Floating Solar

Sep 18, 20262 months ago 2 min read

COLOMBO, September 18, 2026 — Renewable energy producer WindForce PLC has expanded its total generation capacity to approximately 268 MW following the commissioning of two…

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…

WORLD

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

November 3, 2026

COLOMBO, November 3, 2026 — Oil prices edged higher in…

BIZ BREAKING

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

November 2, 2026

COLOMBO, November 2, 2026 — Sri Lanka recorded its highest-ever…

WORLD

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

November 2, 2026

Tucker Carlson claimed early Monday that the Trump administration is…

BIZ BREAKING

BUSINESS

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

ECONOMY

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

MARKETS

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

NATION

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

World

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

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Latest news

In El Nino-hit Sri Lanka, wells run dry and farmer incomes shrink as drought deepens

Sri Lanka Economic and Investment Summit 2026 to Examine How Sri Lanka Can Build a More Resilient Economy for the Future

Foreign Reserves Rise to USD 6,905 Million

Sri Lanka Central Bank buys US$579mn in August amid rupee appreciation

IMF Commends Sri Lanka’s Fiscal Progress as Seventh Review Continues

Visa Highlights Digital Growth Opportunities for Sri Lankan SMEs at National SME Forum

India Steps Up Push to Become Global Semiconductor Manufacturing Hub

Oil Prices Set for Weekly Decline as Saudi Supply Concerns Ease

WindForce Boosts Renewable Portfolio to 268 MW with Battery Storage and Floating Solar

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

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

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

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

BIZ BREAKING

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

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

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

BUSINESS

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

Home Lands Showcases Sri Lankan Property Investment Opportunities in Ottawa

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

ECONOMY

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

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

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

MARKETS

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

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

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

NATION

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

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

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

World

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

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

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