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Met Department Issues Amber Advisory Over High Waves Along Sri Lankan Coast

Sep 26, 20262 months ago 1 min read

COLOMBO, September 26, 2026 — The Department of Meteorology has issued an “Amber” advisory for high waves covering sea areas from Chilaw to Pottuvil, including…

Fairway Expands East Coast Footprint with Trincomalee Beach Resort Takeover

Sep 25, 20262 months ago 4 min read

TRINCOMALEE, September 25, 2026 — Fairway Holdings is expanding its presence in Sri Lanka’s tourism industry with a long-term hotel management agreement for Trincomalee Beach…

Netanyahu Defends Israel’s Military Actions as Dozens of UN Delegates Walk Out

Sep 25, 20262 months ago 4 min read

NEW YORK, September 25, 2026 — Israeli Prime Minister Benjamin Netanyahu defended Israel’s military actions in Gaza and against Iran during a speech to the…

CSE Ends Lower as Dialog Axiata and Richard Pieris Weigh on Indices

Sep 25, 20262 months ago 3 min read

COLOMBO, September 25, 2026 — Sri Lankan equities ended the session in negative territory as selling pressure on key counters including Dialog Axiata, Richard Pieris…

Expressway Revenue Loss Tops Rs. 4.6 Billion as Audit Flags Major Financial and Control Gaps

Sep 25, 20262 months ago 4 min read

COLOMBO, September 25, 2026 — Sri Lanka’s expressway network suffered more than Rs. 4.6 billion in revenue losses over a period of four years and…

BIZ BREAKING

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

November 10, 2026

COLOMBO, November 10, 2026 — The Central Bank of Sri Lanka has barred the Ernst & Young partners responsible for…

WORLD

India’s BRICS Chairship Produces More Than 50 New Initiatives

September 14, 2026

India’s BRICS chairship has resulted in more than 50 initiatives…

ECONOMY

Colombo Port Capacity to Increase by 1.5 Million TEUs as Sri Lanka Targets Continued Growth

September 13, 2026

COLOMBO — Colombo Port is set to expand its handling…

WORLD

BRICS Summit 2026: New Delhi Declaration Signals Deeper Trade, Local-Currency Payments and a More Integrated Emerging-Market Economy

September 13, 2026

xNEW DELHI, September 13, 2026 — BRICS leaders adopted the…

BIZ BREAKING

BUSINESS

Fitch Upgrades Commercial Bank to ‘AA(lka)’ Following National Rating Scale Recalibration

ECONOMY

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

MARKETS

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

NATION

World

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

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Latest news

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Met Department Issues Amber Advisory Over High Waves Along Sri Lankan Coast

Fairway Expands East Coast Footprint with Trincomalee Beach Resort Takeover

Netanyahu Defends Israel’s Military Actions as Dozens of UN Delegates Walk Out

CSE Ends Lower as Dialog Axiata and Richard Pieris Weigh on Indices

Expressway Revenue Loss Tops Rs. 4.6 Billion as Audit Flags Major Financial and Control Gaps

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

India’s BRICS Chairship Produces More Than 50 New Initiatives

Colombo Port Capacity to Increase by 1.5 Million TEUs as Sri Lanka Targets Continued Growth

BRICS Summit 2026: New Delhi Declaration Signals Deeper Trade, Local-Currency Payments and a More Integrated Emerging-Market Economy

BIZ BREAKING

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

JAAF Backs Fresh GSP+ Application to Protect Sri Lanka’s EU Market Access

Sri Lanka’s Official Reserves Top US$7 Billion in October, Rising 3.2%

BUSINESS

Fitch Upgrades Commercial Bank to ‘AA(lka)’ Following National Rating Scale Recalibration

HIPG and Al-Futtaim Logistics Explore Stronger Gulf Vehicle Links and Port Investment Opportunities

John Keells Forum Explores Property and Equity Investment Strategies for Long-Term Wealth

ECONOMY

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

Higher Wages, Lower Living Standards: Sri Lanka’s Real Take-Home Pay, 2017–2026

LAUGFS Seeks Temporary Hambantota Terminal Access as Three LPG Shipments Due in November

MARKETS

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

Colombo Stocks End Week Higher as ASPI Gains 5.4%; Daily Turnover Averages Rs. 3 Billion

EPF Equity Portfolio Valued at Rs. 204.94 Billion, More Than Double Investment Cost

NATION

EDB Recognises Sri Lanka Expo 2027 Partners Ahead of Major International Trade Exhibition

Passenger Drone Test Flights Begin at Colombo Port City Ahead of November 11 Demonstration

Port City Colombo Holds First India Investor Forum to Strengthen Bilateral Economic Ties

World

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

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

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