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CSE Slips Below 21,000 as Turnover Hits Year-to-Date Low

Sep 29, 20262 months ago 3 min read

COLOMBO, September 28, 2026 — The Colombo Stock Exchange started the week under pressure, with the benchmark ASPI falling below the 21,000 level as broad-based…

Electricity Tariff Cuts Remain Without Firm Timeline as Sri Lanka Expands Renewables

Sep 28, 20262 months ago 3 min read

COLOMBO, September 28, 2026 — Sri Lanka’s Government has yet to set a firm timeline for electricity tariff reductions, with Energy Minister Anura Karunathilaka saying…

Government Announces Rs. 41 Billion Fuel Subsidy for Three Months

Sep 28, 20262 months ago 2 min read

GAMPAHA, September 27, 2026 — President Anura Kumara Dissanayake has announced that the Government will introduce a Rs. 41 billion fuel subsidy covering the next…

Rupee Weakens Against Dollar as Selling Rates Move Towards Rs. 335

Sep 28, 20262 months ago 2 min read

COLOMBO, September 28, 2026 — The Sri Lankan Rupee weakened further against the US Dollar at several commercial banks today, with dollar selling rates moving…

Sri Lanka sets sights on 4 million tourists and US$8 billion tourism revenue by 2030

Sep 27, 20262 months ago 4 min read

COLOMBO, September 27, 2026 — Sri Lanka is targeting four million tourist arrivals and US$8 billion in annual tourism revenue by 2030, as the Government…

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…

NATION

Rs. 12 Billion Hospital Complex Planned for Dambulla to Ease Overcrowding

October 11, 2026

DAMBULLA, October 11, 2026 — A new hospital complex estimated…

MARKETS

CSE Ends Week on Positive Note as Banking Stocks Lift Daily Indices Despite Weekly Losses

October 11, 2026

COLOMBO, October 11, 2026 — Sri Lanka’s stock market ended…

WORLD

Trump Calls for Zelenskiy’s Replacement as US-Russia Diesel Deal Deepens Ukraine Rift

October 11, 2026

WASHINGTON, October 11, 2026 — US President Donald Trump has…

BIZ BREAKING

BUSINESS

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

ECONOMY

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

MARKETS

Colombo Stocks Close Higher as Turnover Tops Rs. 3 Billion

NATION

Opposition Launches oversight.lk to Track Government Budget Performance

World

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

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Latest news

India’s defence minister Rajnath Singh to visit Sri Lanka today

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CSE Slips Below 21,000 as Turnover Hits Year-to-Date Low

Electricity Tariff Cuts Remain Without Firm Timeline as Sri Lanka Expands Renewables

Government Announces Rs. 41 Billion Fuel Subsidy for Three Months

Rupee Weakens Against Dollar as Selling Rates Move Towards Rs. 335

Sri Lanka sets sights on 4 million tourists and US$8 billion tourism revenue by 2030

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

Rs. 12 Billion Hospital Complex Planned for Dambulla to Ease Overcrowding

CSE Ends Week on Positive Note as Banking Stocks Lift Daily Indices Despite Weekly Losses

Trump Calls for Zelenskiy’s Replacement as US-Russia Diesel Deal Deepens Ukraine Rift

BIZ BREAKING

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

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

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

BUSINESS

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

Sri Lankan Fruit Experts and Chinese Entrepreneurs Explore Agricultural Cooperation

Dialog Nine-Month Profit Jumps 92% to Rs. 28.5 Billion; Digital Investment Reaches Rs. 27.4 Billion

ECONOMY

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

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

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

MARKETS

Colombo Stocks Close Higher as Turnover Tops Rs. 3 Billion

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

NATION

Opposition Launches oversight.lk to Track Government Budget Performance

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

CBSL Clarifies EY Remains Eligible to Audit Licensed Banks

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